Akar Fourwheel Private Limited
Sells motor vehicles through trading.
2018 | Jaipur, Rajasthan (India) | Active
Akar Fourwheel Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 6 Year, 10 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 ten months 22 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
- Location
Jaipur, Rajasthan, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50300RJ2018PTC061603
- Company No.
061603
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jun 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Automotive
Akar Fourwheel Private Limited
Explore comprehensive data for Akar Fourwheel Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Akar Fourwheel?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Akar  | Director | 18-Jun-2018 | Current |
| Vaibhav Akar | Director | 18-Jun-2018 | Current |
| Rishab Akar | 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%.
- Key Matrics
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- Cash Flow
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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)
- Aashiana Prime Developers Private Limited
Rajesh Akar is a mutual person
- Akar Palm Hotel And Resort Private Limited
Rajesh Akar is a mutual person
Charges (Loans)
Open Charges
₹440.00 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Akar Fourwheel
Recent activity within the organization
- Charges
A charge registered on 15 Oct 2020 via Charge ID 100393200 with Others was fully satisfied on 08 Oct 2024.
- Annual General Meeting
Akar Fourwheel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100787281 was registered on 31 Aug 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 250.00 M registered on 13 Oct 2021 with Charge ID 100497218 was modified on 22 Aug 2023.
- Charges
A charge with Others of Rs. 140.00 M registered on 16 Jun 2021 with Charge ID 100450812 was modified on 16 Aug 2023.
- Balance Sheet
Akar Fourwheel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Frequently asked questions
What is the Incorporation or founding date of Akar Fourwheel Private Limited?
Akar Fourwheel Private Limited was incorporated on 18 Jun 2018.
What is authorized share capital and paid-up capital of Akar Fourwheel Private Limited?
The authorized share capital of Akar Fourwheel Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Akar Fourwheel Private Limited?
Currently 3 directors are associated with Akar Fourwheel Private Limited.
- Rajesh Akar
- Vaibhav Akar
- Rishab Akar
What is the registered address of Akar Fourwheel Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akar Fourwheel Private Limited is B-72 Sahakar Marg Tonk Road India, Jaipur, Rajasthan, 302015.
What is the corporate identification number (CIN) and company number of Akar Fourwheel Private Limited?
The corporate identification number (CIN) of Akar Fourwheel Private Limited is U50300RJ2018PTC061603 and the company number is 061603 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Akar Fourwheel Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Akar Fourwheel Private Limited has risen by 42.46%.
How many employees does Akar Fourwheel Private Limited currently have?
As Per 2023 financial reports, 130 employees are currently employed by Akar Fourwheel Private Limited.
What change has been observed in the net worth of Akar Fourwheel Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Akar Fourwheel Private Limited has experienced an upsurge of 51.35%.
What are the total open charges for Akar Fourwheel Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Akar Fourwheel Private Limited amount to ₹ 44.00 Cr.
When was the last Balance Sheet of Akar Fourwheel Private Limited filed with the ROC?
The most recent Balance Sheet for Akar Fourwheel Private Limited was filed with the ROC on 31 Mar 2023.
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