Akar Corrugators Private Limited

Manufacturer of corrugated boxes and packaging materials with ISO certification.

2010 | Aurangabad, Maharashtra (India) | Active
Last Updated: December 15, 2024

Akar Corrugators Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 5.40 Cr
  • Revenue Growth -59.52%
  • Profit Growth 20.83%
  • Ebitda -314.84%
  • Net Worth -95.57%
  • Total Assets -11.59%

About Akar Corrugators

Akar Corrugators Private Limited (ACPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 December 2010 and has a history of 14 years and one month. Its registered office is in Aurangabad, Maharashtra, India.

The Company is engaged in the Wood Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹5.40 Cr.

Mohd Farash, Fehmidabano Ibrahim, and Aditya Pandit serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21020MH2010PTC211298

  • Company No.

    211298

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2010

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Wood

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

Board Members (3)

Name Designation Appointment Date Status
Mohd Farash Country flag representing In Additional Director 08-Jul-2011 Current
Fehmidabano Ibrahim Country flag representing In Director 16-Sep-2021 Current
Aditya Pandit Country flag representing In Director 28-Dec-2020 Current

Financial Performance of Akar Corrugators.

Akar Corrugators Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 59.52% decrease. The company also saw a substantial improvement in profitability, with a 20.83% increase in profit. The company's net worth observed a substantial decline by a decrease of 95.57%.

Graph illustrating revenue growth over time
Graph showing 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
-59.52%
Revenue from Operations
-60.99%
Total Assets
-11.59%
Profit or Loss
20.83%
Net Worth
-95.57%
EBITDA
-314.84%

What is the Ownership and Shareholding Structure of Akar Corrugators?

In 2021, Akar Corrugators 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

₹54.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.40 Cr

Latest Charge Details

Date Lender Amount Status
23 Dec 2014 State Bank Of India ₹4.80 Cr Open
22 Oct 2013 State Bank Of India ₹6.00 M Open

How Many Employees Work at Akar Corrugators?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akar Corrugators, 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 Corrugators'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 Corrugators

Recent activity within the organization

  • Annual General Meeting

    Akar Corrugators Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Director Appointment

    Fehmidabano Farash Ibrahim was appointed as a Director was appointed as a Director on 16 Sep 2021 & has been associated with this company since 3 years 4 months .

    16 Sep 2021

  • Charges

    A charge with State Bank Of India of Rs. 48.00 M registered on 23 Dec 2014 with Charge ID 10543847 was modified on 02 Aug 2021.

    02 Aug 2021

  • Balance Sheet

    Akar Corrugators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Director Appointment

    Aditya Sharadchandra Pandit was appointed as a Director was appointed as a Director on 28 Dec 2020 & has been associated with this company since 4 years 1 month .

    28 Dec 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 48.00 M with Charge ID 10543847 was registered on 23 Dec 2014.

    23 Dec 2014

Frequently asked questions

  • Akar Corrugators Private Limited was incorporated on 23 Dec 2010.

  • The authorized share capital of Akar Corrugators Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Akar Corrugators Private Limited.

    • Mohd Ibrahim Kasamali Farash
    • Fehmidabano Farash Ibrahim
    • Aditya Sharadchandra Pandit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akar Corrugators Private Limited is P. No. E/85 M.I.D.C. Waluj, India, Aurangabad, Maharashtra, 431001.

  • The corporate identification number (CIN) of Akar Corrugators Private Limited is U21020MH2010PTC211298 and the company number is 211298 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akar Corrugators Private Limited is https://www.new.akarpackagingind.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Akar Corrugators Private Limited has fallen by -59.52%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Akar Corrugators Private Limited has experienced an downturn of -95.57%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Akar Corrugators Private Limited amount to ₹ 5.40 Cr.

  • The most recent Balance Sheet for Akar Corrugators Private Limited was filed with the ROC on 31 Mar 2021.

Similar Companies Based on Wood & Wood Products