Akar Alloys Pvt Ltd Company Logo

Akar Alloys Pvt Ltd - Company Profile

It is a metals and minerals private limited company based in Mumbai, Maharashtra, India, established in 1987.

1987 | Mumbai, Maharashtra, India | Active
Last Updated:

About Akar Alloys Pvt Ltd

Akar Alloys Pvt Ltd, a active private limited company, was established on 25 September 1987 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the metals and minerals sector, it holds CIN: U27310MH1987PTC044788. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7.00 M and a paid-up capital of ₹6.56 M.

It upholds a compliant status. Its leadership includes Narendra Kumar Raghunandanlal Gupta (Director), Usha Narendrakumar Gupta (Director). Past directors included Raghunandan Lal Gupta. It holds ₹27.73 Cr open charges and ₹77.40 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at 37, Sopariwala House, 3Rd Floor 293, Princess Street, Marine Lines, Mumbai, Maharashtra, 400002.

Company Details

  • CIN/LLPIN

    U27310MH1987PTC044788

  • Registration Number

    044788

  • Incorporation Date

    25 September 1987

  • Authorized Capital

    ₹7.00 M

  • Paid-Up Capital

    ₹6.56 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.56 M
  • Company Age 38 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.73 Cr
  • Satisfied Charges ₹ 77.40 Cr
  • Revenue Growth 6034.26%
  • Profit Growth 50.20%
  • Ebitda 2.30%
  • Net Worth -2.28%
  • Total Assets 1.74%
Company report

Akar Alloys Pvt Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Akar Alloys Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akar Alloys Pvt Ltd?

Current Directors

NameDesignationAppointment DateStatus
Narendra Kumar Raghunandanlal GuptaDirector14 Jun 2021Current
Usha Narendrakumar GuptaDirector28 Mar 1997Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector18 May 2021Past

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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%.

Akar Alloys revenue growth over time
Akar Alloys profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6034.26%
Revenue from Operations
Total Assets
1.74%
Profit or Loss
50.20%
Net Worth
-2.28%
EBITDA
2.30%

What is the Ownership and Shareholding Structure of Akar Alloys?

Unlock access to Akar Alloys's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹277,300,000.00

Satisfied Charges

₹774,000,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 27.73 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2011State Bank Of India₹27.73 CrOpen
11 May 2005Pnb Bank₹7.00 CrSatisfied
20 Apr 2004Pnb Bank₹35.20 CrSatisfied
20 Apr 2004Punjab Nationa Bank₹35.20 CrSatisfied

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How Many Employees Work at Akar Alloys?

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Employee growth trends for Akar Alloys Pvt Ltd

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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Alerts

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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.

Latest Updates, News, and FAQs on Akar Alloys

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Akar Alloys Pvt Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Akar Alloys Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Narendra Kumar Raghunandanlal Gupta was appointed as a Director was appointed as a Director on 14 Jun 2021 & has been associated with this company since 4 years 6 months . was completed.

  • Charges

    Progress on A charge registered on 11 May 2005 via Charge ID 90238112 with Pnb Bank was fully satisfied on 16 Sep 2019. was documented.

  • Charges

    A charge registered on 20 Apr 2004 via Charge ID 90226777 with Punjab Nationa Bank was fully satisfied on 03 Sep 2019. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 20 Apr 2004 via Charge ID 90238118 with Pnb Bank was fully satisfied on 03 Sep 2019. was documented.

Frequently Asked Questions

  • What is the CIN of Akar Alloys Pvt Ltd?

    The CIN of Akar Alloys Pvt Ltd is U27310MH1987PTC044788.

  • Where is Akar Alloys Pvt Ltd headquartered?

    Akar Alloys Pvt Ltd is headquartered at 37, Sopariwala House, 3Rd Floor 293, Princess Street, Marine Lines, Mumbai, Maharashtra, 400002.

  • When was Akar Alloys Pvt Ltd incorporated?

    Akar Alloys Pvt Ltd was incorporated on 25 September 1987.

  • Who are the current directors of Akar Alloys Pvt Ltd?

    The current directors of Akar Alloys Pvt Ltd are

  • What is the primary industry of Akar Alloys Pvt Ltd?

    The primary industry of Akar Alloys Pvt Ltd is Metals And Minerals.

  • Is Akar Alloys Pvt Ltd a listed company?

    Akar Alloys Pvt Ltd is unlisted.

  • What is the capital structure of Akar Alloys Pvt Ltd?

    The authorized capital of Akar Alloys Pvt Ltd is ₹7.00 M, and the paid-up capital is ₹6.56 M.

  • What is the compliance status of Akar Alloys Pvt Ltd?

    The compliance status of Akar Alloys Pvt Ltd is Compliant.

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