Akar Fourwheel Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 6 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 44.00 Cr
- Satisfied Charges ₹ 1.18 Cr
- Revenue Growth 42.46%
- Profit Growth 157.77%
- Ebitda 187.39%
- Net Worth 51.35%
- Total Assets 104.97%
About Akar Fourwheel
Akar Fourwheel Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 June 2018 (Six years and seven months 23 days old ). Its registered office is in Jaipur, Rajasthan, India.
The Company is engaged in the Automotive 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 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹44.00 Cr. The company has closed loans amounting to ₹1.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Akar, Vaibhav Akar, and Rishab Akar serve as directors at the Company.
Company Details
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Location
Jaipur, Rajasthan, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50300RJ2018PTC061603
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Company No.
061603
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Jun 2018
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at Akar Fourwheel?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Akar
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Director | 18-Jun-2018 | Current |
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Vaibhav Akar
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Director | 18-Jun-2018 | Current |
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Rishab Akar
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Director | 18-Jun-2018 | Current |
Financial Performance of Akar Fourwheel.
Akar Fourwheel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.46% increase. The company also saw a substantial improvement in profitability, with a 157.77% increase in profit. The company's net worth Soared by an impressive increase of 51.35%.
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What is the Ownership and Shareholding Structure of Akar Fourwheel?
In 2023, Akar Fourwheel 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)
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Aashiana Prime Developers Private LimitedRajesh Akar is a mutual person
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Akar Palm Hotel And Resort Private Limited
Rajesh Akar is a mutual person
Charges (Loans)
₹440.00 M
₹11.80 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 26.00 Cr
- Others : 18.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2023 | Hdfc Bank Limited | ₹1.00 Cr | Open |
| 13 Oct 2021 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 16 Jun 2021 | Others | ₹14.00 Cr | Open |
| 11 Oct 2018 | Others | ₹4.00 Cr | Open |
| 15 Oct 2020 | Others | ₹1.18 Cr | Satisfied |
How Many Employees Work at Akar Fourwheel?
Akar Fourwheel has a workforce of 130 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akar Fourwheel, 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 Fourwheel'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.