Akar Industries Profile
Key Indicators
- Authorised Capital ₹ 6.50 M
- Paid Up Capital ₹ 5.63 M
- Company Age 37 Year, 25 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.51 Cr
- Satisfied Charges ₹ 9.99 Cr
- Revenue Growth 780.89%
- Profit Growth 49.07%
- Ebitda 189.46%
- Net Worth -25.52%
- Total Assets -29.11%
About Akar Industries
Akar Industries Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 January 1988 and has a history of 37 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Kathiawad Investments Private Limited. The Company is engaged in the Financial Services 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 6.50 M and a paid-up capital of Rs 5.63 M.
The company currently has active open charges totaling ₹9.51 Cr. The company has closed loans amounting to ₹9.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Niharika Gupta, Rajeev Agarwala, and Usha Gupta serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
U27100MH1988PTC045799
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Company No.
045799
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Jan 1988
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Akar Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niharika Gupta
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Director | 14-May-2012 | Current |
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Rajeev Agarwala
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Director | 14-May-2012 | Current |
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Usha Gupta
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Director | 28-Mar-1997 | Current |
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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What is the Ownership and Shareholding Structure of Akar Industries?
In 2023, Akar Industries 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)
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Aurangabad Forging Private LimitedNiharika Gupta and Usha Gupta are mutual person
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Akar Alloys Pvt Ltd
Usha Gupta is a mutual person
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Shatrunji Investment Pvt Ltd
Usha Gupta is a mutual person
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Lavanaya Finvest Private Limited
Usha Gupta is a mutual person
Charges (Loans)
₹95.05 M
₹99.90 M
Charges Breakdown by Lending Institutions
- Others : 9.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2017 | Others | ₹9.51 Cr | Open |
| 05 Feb 2016 | Karvy Financial Services Limited | ₹4.99 Cr | Satisfied |
| 27 May 2010 | Kotak Mahindra Bank Limited | ₹5.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akar Industries, 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 Industries'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
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