Akar Granites Profile
Key Indicators
- Authorised Capital ₹ 1.35 M
- Paid Up Capital ₹ 1.34 M
- Company Age 19 Year, 3 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 three 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.
Ramalingam Anandakumaran and Aarathi Anandkumaran serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51432TN2005PTC058094
- Company No.
058094
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Nov 2005
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
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 |
|---|---|---|---|
Ramalingam Anandakumaran  | Managing Director | 23-Nov-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹97.75 M
Satisfied Charges
₹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 |
|---|---|---|---|
| 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.
Latest Updates, News, and FAQs on Akar Granites
Recent activity within the organization
- Charges
A charge with Indian Overseas Bank of Rs. 92.90 M registered on 08 Aug 2011 with Charge ID 10305561 was modified on 18 May 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.70 M with Charge ID 100733756 was registered on 19 Apr 2023.
- Annual General Meeting
Akar Granites Private Limited. last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Akar Granites Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.15 M with Charge ID 100413746 was registered on 21 Nov 2020.
- Charges
A charge registered on 29 Mar 2006 via Charge ID 90325483 with Indian Oveseas Bank was fully satisfied on 03 Feb 2016.
Frequently asked questions
What is the Incorporation or founding date of Akar Granites Private Limited.?
Akar Granites Private Limited. was incorporated on 23 Nov 2005.
What is authorized share capital and paid-up capital of Akar Granites Private Limited.?
The authorized share capital of Akar Granites Private Limited. is ₹ 1.35 M and paid-up capital is ₹ 1.34 M.
Who are the current board members & directors of Akar Granites Private Limited.?
Currently 2 directors are associated with Akar Granites Private Limited..
- Ramalingam Anandakumaran
- Aarathi Anandkumaran
What is the registered address of Akar Granites Private Limited.?
As per Ministry of Corporate Affairs (Mca), the registered address of Akar Granites Private Limited. is No 5 Manikodi Srinivasan -Nagar Main Road Seevaram, Perungudi India, Chennai 96, Tamil Nadu, 600096.
What is the corporate identification number (CIN) and company number of Akar Granites Private Limited.?
The corporate identification number (CIN) of Akar Granites Private Limited. is U51432TN2005PTC058094 and the company number is 058094 as per Ministry of Corporate Affairs (MCA).
What is the official website of Akar Granites Private Limited.?
The Official website of Akar Granites Private Limited. is https://www.akargranites.com
What has been the recent revenue trend for Akar Granites Private Limited.?
According to the financial reports for the fiscal year 2022, the revenue trend for Akar Granites Private Limited. has risen by 28.24%.
What change has been observed in the net worth of Akar Granites Private Limited., and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Akar Granites Private Limited. has experienced an upsurge of 24.43%.
What are the total open charges for Akar Granites Private Limited.?
As per the financial statements for fiscal Year 2022, The total open charges for Akar Granites Private Limited. amount to ₹ 9.78 Cr.
When was the last Balance Sheet of Akar Granites Private Limited. filed with the ROC?
The most recent Balance Sheet for Akar Granites Private Limited. was filed with the ROC on 31 Mar 2022.