Akar Granites Profile
Key Indicators
- Authorised Capital ₹ 1.35 M
- Paid Up Capital ₹ 1.34 M
- Company Age 19 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 9.78 Cr
- Satisfied Charges ₹ 1.75 M
- Revenue Growth 28.24%
- Profit Growth 9531.45%
- Ebitda -4.06%
- Net Worth 24.43%
- Total Assets -3.75%
About Akar Granites
Akar Granites Private Limited. (AGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 November 2005 and has a history of 19 years and two months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.35 M and a paid-up capital of Rs 1.34 M.
The company currently has active open charges totaling ₹9.78 Cr. The company has closed loans amounting to ₹1.75 M, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Kanchipuram, Tamil Nadu, 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
U51432TN2005PTC058094
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Company No.
058094
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Nov 2005
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Akar Granites Private Limited. offer?
Akar Granites Private Limited. offers a wide range of products and services, including Vitrified,Ceramic Floor & Wall Tiles, Floor Tiles.
Who are the key members and board of directors at Akar Granites?
Executive Team (1)
Name | Designation | Appointment Date | Status |
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Ramalingam Anandakumaran | Managing Director | 23-Nov-2005 | Current |
Board Members (1)
Name | Designation | Appointment Date | Status |
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Aarathi Anandkumaran | Director | 23-Nov-2005 | Current |
Financial Performance of Akar Granites.
Akar Granites Private Limited., for the financial year ended 2022, experienced significant growth in revenue, with a 28.24% increase. The company also saw a substantial improvement in profitability, with a 9531.45% increase in profit. The company's net worth Soared by an impressive increase of 24.43%.
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What is the Ownership and Shareholding Structure of Akar Granites?
In 2022, Akar Granites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹97.75 M
₹1.75 M
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 9.29 Cr
- Hdfc Bank Limited : 0.49 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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19 Apr 2023 | Hdfc Bank Limited | ₹3.70 M | Open |
21 Nov 2020 | Hdfc Bank Limited | ₹1.15 M | Open |
08 Aug 2011 | Indian Overseas Bank | ₹9.29 Cr | Open |
29 Mar 2006 | Indian Oveseas Bank | ₹1.75 M | Satisfied |
How Many Employees Work at Akar Granites?
Unlock and access historical data on people associated with Akar Granites, 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 Granites, 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 Granites'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.