Akar Alloys Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
as on 16-06-2024
- Paid Up Capital ₹ 6.56 M
as on 16-06-2024
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.73 Cr
as on 16-06-2024
- Satisfied Charges ₹ 77.40 Cr
as on 16-06-2024
- Revenue 6034.26%
(FY 2023)
- Profit 50.20%
(FY 2023)
- Ebitda 1.98%
(FY 2023)
- Net Worth -2.28%
(FY 2023)
- Total Assets 1.74%
(FY 2023)
About Akar Alloys
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 6.56 M.
The company currently has active open charges totaling ₹27.73 Cr. The company has closed loans amounting to ₹77.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Narendra Gupta and Usha Gupta serve as directors at the Company.
- CIN/LLPIN
U27310MH1987PTC044788
- Company No.
044788
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Sep 1987
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Akar Alloys?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narendra Gupta  | Director | 14-Jun-2021 | Current |
| Usha Gupta | Director | 28-Mar-1997 | Current |
Financial Performance of Akar Alloys.
Akar Alloys Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 6034.26% increase. The company also saw a substantial improvement in profitability, with a 50.2% increase in profit. The company's net worth dipped by a decrease of 2.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akar Alloys?
In 2023, Akar Alloys had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shatrunji Investment Pvt LtdActive 37 years 3 monthsNarendra Gupta and Usha Gupta are mutual person
- Lavanaya Finvest Private LimitedActive 36 years 11 months
Narendra Gupta and Usha Gupta are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 11 Oct 2011 | ₹27.73 Cr | Open |
Pnb Bank Creation Date: 11 May 2005 | ₹7.00 Cr | Satisfied |
Punjab Nationa Bank Creation Date: 20 Apr 2004 | ₹35.20 Cr | Satisfied |
How Many Employees Work at Akar Alloys?
Unlock and access historical data on people associated with Akar Alloys, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akar Alloys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akar Alloys's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
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