Akar Estate & Finance Pvt Ltd

Founded in 1992 and headquartered in Maharashtra, India.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated:

Akar Estate & Finance Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,937.53 Cr
  • Revenue Growth -99.97%
  • Profit Growth -111.52%
  • Ebitda -137.54%
  • Net Worth -1.05%
  • Total Assets -4.19%

About Akar Estate & Finance

Akar Estate & Finance Pvt Ltd (AEFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 September 1992 and has a history of 32 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹1,937.53 Cr.

Deepak Kamble and Rajnandan Paswan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100MH1992PTC341542

  • Company No.

    056707

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Akar Estate & Finance?

Board Members (2)

NameDesignationAppointment DateStatus
Deepak Kamble Country flag representing In Director 26-Apr-2023Current
Rajnandan Paswan Country flag representing In Director 26-Apr-2023Current

Financial Performance of Akar Estate & Finance.

Akar Estate & Finance Pvt Ltd, for the financial year ended 2019, experienced significant reduction in revenue, with a 99.97% decrease. The company also saw a substantial fall in profitability, with a 111.52% decrease in profit. The company's net worth dipped by a decrease of 1.05%.

Akar Estate & Finance revenue growth over time
Akar Estate & Finance 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
-99.97%
Revenue from Operations
-99.97%
Total Assets
-4.19%
Profit or Loss
-111.52%
Net Worth
-1.05%
EBITDA
-137.54%

What is the Ownership and Shareholding Structure of Akar Estate & Finance?

In 2023, Akar Estate & Finance 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

₹1,937.53 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 1937.53 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2021Bank Of India₹495.91 CrOpen
26 Apr 2021Bank Of India₹1,441.62 CrOpen

How Many Employees Work at Akar Estate & Finance?

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

Employee growth trends for Akar Estate & Finance Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akar Estate & Finance, 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 Estate & Finance'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 Estate & Finance

Recent activity within the organization

  • Annual General Meeting

    Akar Estate & Finance Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Deepak Jalinder Kamble was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Rajnandan Bajrangi Paswan was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 10 months .

  • Balance Sheet

    Akar Estate & Finance Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Bank Of India amounted to Rs. 495.91 Cr with Charge ID 100446993 was registered on 30 Apr 2021.

  • Charges

    A charge with Bank Of India amounted to Rs. 1,441.62 Cr with Charge ID 100446969 was registered on 26 Apr 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Akar Estate & Finance Pvt Ltd?

    Akar Estate & Finance Pvt Ltd was incorporated on 29 Sep 1992.

  • What is authorized share capital and paid-up capital of Akar Estate & Finance Pvt Ltd?

    The authorized share capital of Akar Estate & Finance Pvt Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Akar Estate & Finance Pvt Ltd?

    Currently 2 directors are associated with Akar Estate & Finance Pvt Ltd.

    • Deepak Jalinder Kamble
    • Rajnandan Bajrangi Paswan

  • What is the registered address of Akar Estate & Finance Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akar Estate & Finance Pvt Ltd is Office No-135 Grounf Floor B Wing Aarey Road, Goregaon India, Goregaon East, Maharashtra, 400065.

  • What is the corporate identification number (CIN) and company number of Akar Estate & Finance Pvt Ltd?

    The corporate identification number (CIN) of Akar Estate & Finance Pvt Ltd is U51100MH1992PTC341542 and the company number is 056707 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akar Estate & Finance Pvt Ltd?

    According to the financial reports for the fiscal year 2019, the revenue trend for Akar Estate & Finance Pvt Ltd has fallen by -99.97%.

  • What change has been observed in the net worth of Akar Estate & Finance Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Akar Estate & Finance Pvt Ltd has experienced an downturn of -1.05%.

  • What are the total open charges for Akar Estate & Finance Pvt Ltd?

    As per the financial statements for fiscal Year 2019, The total open charges for Akar Estate & Finance Pvt Ltd amount to ₹ 1,937.53 Cr.

  • When was the last Balance Sheet of Akar Estate & Finance Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Akar Estate & Finance Pvt Ltd was filed with the ROC on 31 Mar 2023.

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