Akar Castings Private Limited

Manufactures iron and steel tubes and pipes, precision castings, and other allied items for various industries.

2010 | Jaipur, Rajasthan (India) | Active
Last Updated:

Akar Castings Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.33 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.52 Cr
  • Revenue Growth %
  • Profit Growth 16.00%
  • Ebitda 16.00%
  • Net Worth -0.74%
  • Total Assets -0.06%

About Akar Castings

Akar Castings Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 November 2010 and has a history of 14 years and six months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Metal & Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.33 M.

The company has closed loans amounting to ₹1.52 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dinesh Akar and Agam Akar serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27320RJ2010PTC033261

  • Company No.

    033261

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Metal & Minerals
Company report

Akar Castings Private Limited

Explore comprehensive data for Akar Castings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Akar Castings?

Board Members (2)

NameDesignationAppointment DateStatus
Dinesh Akar Country flag representing In Director 17-Jun-2019Current
Agam Akar Country flag representing In Director 09-Sep-2015Current

Financial Performance of Akar Castings.

Akar Castings Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 16% increase in profit. The company's net worth dipped by a decrease of 0.74%.

Akar Castings revenue growth over time
Akar Castings 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
Revenue from Operations
Total Assets
-0.06%
Profit or Loss
16.00%
Net Worth
-0.74%
EBITDA
16.00%

What is the Ownership and Shareholding Structure of Akar Castings?

In 2020, Akar Castings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.20 M

Charges Breakdown by Lending Institutions

  • State Bank Of Bikaner And Jaipur : 1.52 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2010State Bank Of Bikaner And Jaipur₹4.50 MSatisfied
14 Dec 2010State Bank Of Bikaner And Jaipur₹1.07 CrSatisfied

How Many Employees Work at Akar Castings?

Unlock and access historical data on people associated with Akar Castings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Akar Castings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akar Castings, 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 Castings's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Castings

Recent activity within the organization

  • Annual General Meeting

    Akar Castings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akar Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

  • Director Appointment

    Dinesh Akar was appointed as a Director was appointed as a Director on 17 Jun 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge registered on 14 Dec 2010 via Charge ID 10258001 with State Bank Of Bikaner And Jaipur was fully satisfied on 11 Jan 2016.

  • Charges

    A charge registered on 14 Dec 2010 via Charge ID 10258003 with State Bank Of Bikaner And Jaipur was fully satisfied on 11 Jan 2016.

  • Director Appointment

    Agam Akar was appointed as a Director was appointed as a Director on 09 Sep 2015 & has been associated with this company since 9 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Akar Castings Private Limited?

    Akar Castings Private Limited was incorporated on 04 Nov 2010.

  • What is authorized share capital and paid-up capital of Akar Castings Private Limited?

    The authorized share capital of Akar Castings Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.33 M.

  • Who are the current board members & directors of Akar Castings Private Limited?

    Currently 2 directors are associated with Akar Castings Private Limited.

    • Dinesh Akar
    • Agam Akar

  • What is the registered address of Akar Castings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akar Castings Private Limited is 1409 Akar Bhawan Sango Rasta, Kishanpole Bajar India, Jaipur, Rajasthan, 302003.

  • What is the corporate identification number (CIN) and company number of Akar Castings Private Limited?

    The corporate identification number (CIN) of Akar Castings Private Limited is U27320RJ2010PTC033261 and the company number is 033261 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akar Castings Private Limited?

    The Official website of Akar Castings Private Limited is https://www.aakarcastings.com

  • What change has been observed in the net worth of Akar Castings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Akar Castings Private Limited has experienced an downturn of -0.74%.

  • When was the last Balance Sheet of Akar Castings Private Limited filed with the ROC?

    The most recent Balance Sheet for Akar Castings Private Limited was filed with the ROC on 31 Mar 2024.

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