Akar Hr Management Private Limited

Provides consultancy, recruitment, and software services to various clients including libraries, civic centers, and government departments.

2013 | Surat, Gujarat (India) | Converted to LLP
Last Updated: November 04, 2024

Akar Hr Management Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.17 M
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.65 Cr
  • Revenue Growth 62.47%
  • Profit Growth 28.49%
  • Ebitda 85.88%
  • Net Worth -75.07%
  • Total Assets -56.06%

About Akar Hr Management

Akar Hr Management Private Limited (AHMPL) is Converted To Llp company established on 17 Dec 2013 with its office registered at Surat, Gujarat, India and has been running since 11 Year, 1 Month with a paid up capital of 0.17 M. According to MCA records, 2 Directors are linked to this company as of 04 Nov 2024.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120GJ2013PTC077942

  • Company No.

    077942

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 2013

  • Date of AGM

    11 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing

Who are the key members and board of directors at Akar Hr Management?

Board Members (2)

Name Designation Appointment Date Status
Deven Desai Country flag representing In Director 17-Dec-2013 Current
Mumtaz Desai Country flag representing In Director 17-Dec-2013 Current

Financial Performance of Akar Hr Management.

Akar Hr Management Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.47% increase. The company also saw a substantial improvement in profitability, with a 28.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 75.07%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
62.47%
Revenue from Operations
66.54%
Total Assets
-56.06%
Profit or Loss
28.49%
Net Worth
-75.07%
EBITDA
85.88%

What is the Ownership and Shareholding Structure of Akar Hr Management?

In 2022, Akar Hr Management had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹46.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.95 Cr
  • Others : 0.70 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2020 Hdfc Bank Limited ₹3.95 Cr Satisfied
13 Mar 2019 Others ₹3.00 M Satisfied
05 Oct 2016 Others ₹4.00 M Satisfied

How Many Employees Work at Akar Hr Management?

Akar Hr Management has a workforce of 2203 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akar Hr Management, 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 Hr Management's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Hr Management

Recent activity within the organization

  • Charges

    A charge registered on 30 Sep 2020 via Charge ID 100382744 with Hdfc Bank Limited was fully satisfied on 11 Oct 2023.

    11 Oct 2023

  • Annual General Meeting

    Akar Hr Management Private Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records.

    11 Sep 2023

  • Balance Sheet

    Akar Hr Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 39.50 M registered on 30 Sep 2020 with Charge ID 100382744 was modified on 10 Sep 2021.

    10 Sep 2021

  • Charges

    A charge registered on 13 Mar 2019 via Charge ID 100246069 with Others was fully satisfied on 14 Oct 2020.

    14 Oct 2020

  • Charges

    A charge registered on 05 Oct 2016 via Charge ID 100053815 with Others was fully satisfied on 14 Oct 2020.

    14 Oct 2020

Frequently asked questions

  • Akar Hr Management Private Limited was incorporated on 17 Dec 2013.

  • The authorized share capital of Akar Hr Management Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.17 M.

  • Currently 2 directors are associated with Akar Hr Management Private Limited.

    • Deven Jayavantlal Desai
    • Mumtaz Deven Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akar Hr Management Private Limited is 308 Wood Sqaure Nr. Tgb Restaurant L.P. Savani Road, New Adajan India, Surat, Gujarat, 395009.

  • The corporate identification number (CIN) of Akar Hr Management Private Limited is U74120GJ2013PTC077942 and the company number is 077942 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akar Hr Management Private Limited is https://www.akarcsms.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akar Hr Management Private Limited has risen by 62.47%.

  • As Per 2023 financial reports, 2203 employees are currently employed by Akar Hr Management Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akar Hr Management Private Limited has experienced an downturn of -75.07%.

  • The most recent Balance Sheet for Akar Hr Management Private Limited was filed with the ROC on 31 Mar 2023.

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