Akar Estate & Finance Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 5.00 Cr
as on 17-07-2024
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,937.53 Cr
as on 17-07-2024
- Revenue -99.97%
(FY 2019)
- Profit -111.52%
(FY 2019)
- Ebitda -137.54%
(FY 2019)
- Net Worth -1.05%
(FY 2019)
- Total Assets -4.19%
(FY 2019)
About Akar Estate & Finance
The Company is engaged in the Finance And Insurance 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.
- 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
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 Estate & Finance?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Kamble  | Director | 26-Apr-2023 | Current |
| Rajnandan Paswan | Director | 26-Apr-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Central Departmental Stores Private LimitedActive 18 years 3 monthsRajnandan Paswan is a mutual person
Future Coupons Private LimitedActive 16 years 9 monthsDeepak Kamble and Rajnandan Paswan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 30 Apr 2021 | ₹495.91 Cr | Open |
Bank Of India Creation Date: 26 Apr 2021 | ₹1,441.62 Cr | Open |
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.
Deals i
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
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.
