Akar Laminators Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 17.18 Cr
- Company Age 35 Year, 7 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 62.80 Cr
- Revenue Growth -86.55%
- Profit Growth -153.37%
- Ebitda -137.60%
- Net Worth -10.50%
- Total Assets -19.72%
About Akar Laminators
Akar Laminators Limited (ALL) is a Public Limited Indian Non-Government Company incorporated in India on 26 June 1989 and has a history of 35 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Akar Laminators Private Limited. The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 17.18 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹62.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prajesh Shah, Kaiwan Sheth, and Manoj Shah serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U20211GJ1989PLC012415
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Company No.
012415
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
26 Jun 1989
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Date of AGM
30 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Akar Laminators?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prajesh Shah
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Director | 26-Dec-2013 | Current |
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Kaiwan Sheth
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Director | 14-Feb-2018 | Current |
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Manoj Shah
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Director | 14-Feb-2018 | Current |
Financial Performance of Akar Laminators.
Akar Laminators Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 86.55% decrease. The company also saw a substantial fall in profitability, with a 153.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.5%.
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What is the Ownership and Shareholding Structure of Akar Laminators?
In 2019, Akar Laminators had a promoter holding of 9.05% and a public holding of 90.95%. 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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Rushabh Flexipack LimitedPrajesh Shah and Manoj Shah are mutual person
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Ridhi Petrochem Private Limited
Kaiwan Sheth is a mutual person
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Rushabh Convertors Private Limited
Manoj Shah is a mutual person
Charges (Loans)
₹4.00 Cr
₹62.80 Cr
Charges Breakdown by Lending Institutions
- Industrial Investment Bank Of India : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 1997 | Industrial Investment Bank Of India | ₹4.00 Cr | Open |
| 05 Jul 1999 | Optical Disc Marketing India Private Limited | ₹16.70 Cr | Satisfied |
| 07 Apr 1998 | Optical Disc Marketing India Private Limited | ₹25.00 Cr | Satisfied |
| 28 Jan 1997 | Optical Disc Marketing India Private Limited | ₹10.00 Cr | Satisfied |
| 24 Dec 1996 | Optical Disc Marketing India Private Limited | ₹9.60 Cr | Satisfied |
How Many Employees Work at Akar Laminators?
Unlock and access historical data on people associated with Akar Laminators, 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 Laminators, 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 Laminators'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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