Akar Industries Private Limited

Akar Industries Private Limited

Company engages in trading, investment, and manufacturing of various steel and metal products.
1988 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 07, 2024
HomeCompanyAkar Industries Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Niharika Gupta In Director 14-May-2012Current
Rajeev Agarwala In Director 14-May-2012Current
Usha Gupta In Director 28-Mar-1997Current

Financial Performance of Akar Industries.

Akar Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 780.89% increase. The company also saw a substantial improvement in profitability, with a 49.07% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.52%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
780.89%
Revenue from Operations
4981.21%
Total Assets
-29.11%
Profit or Loss
49.07%
Net Worth
-25.52%
EBITDA
189.46%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹95.05 M

₹99.90 M

LenderAmountStatus

Others

Creation Date: 13 Jun 2017
₹9.51 CrOpen

Karvy Financial Services Limited

Creation Date: 05 Feb 2016
₹4.99 CrSatisfied

Kotak Mahindra Bank Limited

Creation Date: 27 May 2010
₹5.00 CrSatisfied

How Many Employees Work at Akar Industries?

Unlock and access historical data on people associated with Akar Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Akar Industries

Recent activity within the organization

  • Annual General Meeting

    Akar Industries Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Akar Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 95.05 M registered on 13 Jun 2017 with Charge ID 100111241 was modified on 31 Jan 2018.

    31 Jan 2018

  • Charges

    A charge registered on 27 May 2010 via Charge ID 10229030 with Kotak Mahindra Bank Limited was fully satisfied on 21 Jun 2017.

    21 Jun 2017

  • Charges

    A charge with Others amounted to Rs. 95.05 M with Charge ID 100111241 was registered on 13 Jun 2017.

    13 Jun 2017

  • Charges

    A charge registered on 05 Feb 2016 via Charge ID 10627554 with Karvy Financial Services Limited was fully satisfied on 17 May 2017.

    17 May 2017

Frequently asked questions

  • Akar Industries Private Limited was incorporated on 07 Jan 1988.

  • The authorized share capital of Akar Industries Private Limited is ₹ 6.50 M and paid-up capital is ₹ 5.63 M.

  • Currently 3 directors are associated with Akar Industries Private Limited.

    • Niharika Gupta
    • Rajeev Kumar Agarwala
    • Usha Narendrakumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akar Industries Private Limited is 37 Sopariwala House 3Rd Floor 293 Princess Street Marine Lines, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Akar Industries Private Limited is U27100MH1988PTC045799 and the company number is 045799 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akar Industries Private Limited has risen by 780.89%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akar Industries Private Limited has experienced an downturn of -25.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akar Industries Private Limited amount to ₹ 9.51 Cr.

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

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