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

About

Basic Data Updated:

2 months ago
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 36 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kathiawad Investments Private Limited. The Company is engaged in the Finance And Insurance 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 65.00 Lakh and a paid-up capital of Rs 56.31 Lakh.

The Corporate currently has active open charges totaling ₹9.51 cr. It has already closed loans amounting to ₹9.99 cr, as per the Ministry of Corporate Affairs (MCA) records.

Niharika Gupta, Rajeev Agarwala, and Usha Gupta serve as directors at the Company.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU27100MH1988PTC045799
Company No.045799
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date07 Jan 1988
Date of AGM29 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Financials of Akar Industries Private Limited

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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%.

Corporate Structure

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People in Akar Industries Private Limited

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹950.50 Lakh

₹999.00 Lakh

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

Deals i

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Rating

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Alert

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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.

Related Corporates (Common Directorship)

  • Aurangabad Forging Private Limited

    Aurangabad Forging Private Limited

    Active build-icon 34 years 7 months

    Niharika Gupta and Usha Gupta are mutual person

  • Akar Alloys Pvt Ltd

    Akar Alloys Pvt Ltd

    Active build-icon 36 years 11 months

    Usha Gupta is a mutual person

  • Shatrunji Investment Pvt Ltd

    Shatrunji Investment Pvt Ltd

    Active build-icon 36 years 11 months

    Usha Gupta is a mutual person

  • Lavanaya Finvest Private Limited

    Lavanaya Finvest Private Limited

    Active build-icon 36 years 8 months

    Usha Gupta is a mutual person

Recent activity within the organization

  • Activity

    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
  • Activity

    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
  • Activity

    Charges

    A charge with Others of Rs. 950.50 Lakh registered on 13 Jun 2017 with Charge ID 100111241 was modified on 31 Jan 2018.

    31 Jan 2018
  • Activity

    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
  • Activity

    Charges

    A charge with Others amounted to Rs. 950.50 Lakh with Charge ID 100111241 was registered on 13 Jun 2017.

    13 Jun 2017

Frequently asked questions

What is the Incorporation or founding date of Akar Industries Private Limited?

Akar Industries Private Limited was incorporated 36 years 8 months ago on 07 Jan 1988 with Registrar of Companies Roc Mumbai.

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