Akar Laminators Limited

Manufacturer of flexible packaging material using various printing processes for packaging, advertising, and display.

1989 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Akar Laminators Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.18 Cr
  • Company Age 35 Year, 9 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 nine 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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20211GJ1989PLC012415

  • Company No.

    012415

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1989

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging
Company report

Akar Laminators Limited

Explore comprehensive data for Akar Laminators Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Prajesh Shah Country flag representing In Director 26-Dec-2013Current
Kaiwan Sheth Country flag representing In Director 14-Feb-2018Current
Manoj Shah Country flag representing In Director 14-Feb-2018Current

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%.

Akar Laminators revenue growth over time
Akar Laminators 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
-86.55%
Revenue from Operations
-86.55%
Total Assets
-19.72%
Profit or Loss
-153.37%
Net Worth
-10.50%
EBITDA
-137.60%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.00 Cr

Satisfied Charges

₹62.80 Cr

Charges Breakdown by Lending Institutions

  • Industrial Investment Bank Of India : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 1997Industrial Investment Bank Of India₹4.00 CrOpen
05 Jul 1999Optical Disc Marketing India Private Limited₹16.70 CrSatisfied
07 Apr 1998Optical Disc Marketing India Private Limited₹25.00 CrSatisfied
28 Jan 1997Optical Disc Marketing India Private Limited₹10.00 CrSatisfied
24 Dec 1996Optical Disc Marketing India Private Limited₹9.60 CrSatisfied

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.

Employee growth trends for Akar Laminators Limited

Deals i

Graph showing company valuation over time

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

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 Laminators

Recent activity within the organization

  • Annual General Meeting

    Akar Laminators Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Akar Laminators Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

  • Director Appointment

    Kaiwan Ashwin Sheth was appointed as a Director was appointed as a Director on 14 Feb 2018 & has been associated with this company since 7 years 2 months .

  • Director Appointment

    Manoj Bhagwandas Shah was appointed as a Director was appointed as a Director on 14 Feb 2018 & has been associated with this company since 7 years 2 months .

  • Charges

    A charge registered on 05 Jul 1999 via Charge ID 90099025 with Optical Disc Marketing India Private Limited was fully satisfied on 30 Nov 2014.

  • Charges

    A charge registered on 07 Apr 1998 via Charge ID 90098810 with Optical Disc Marketing India Private Limited was fully satisfied on 30 Nov 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Akar Laminators Limited?

    Akar Laminators Limited was incorporated on 26 Jun 1989.

  • What is authorized share capital and paid-up capital of Akar Laminators Limited?

    The authorized share capital of Akar Laminators Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.18 Cr.

  • Who are the current board members & directors of Akar Laminators Limited?

    Currently 3 directors are associated with Akar Laminators Limited.

    • Prajesh Manojbhai Shah
    • Kaiwan Ashwin Sheth
    • Manoj Bhagwandas Shah

  • What is the registered address of Akar Laminators Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akar Laminators Limited is B 505 Infinity Tower Near Ramada Hotel Corporate Road Prahlad Nagar, India, Ahmedabad, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of Akar Laminators Limited?

    The corporate identification number (CIN) of Akar Laminators Limited is U20211GJ1989PLC012415 and the company number is 012415 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akar Laminators Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Akar Laminators Limited has fallen by -86.55%.

  • What change has been observed in the net worth of Akar Laminators Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Akar Laminators Limited has experienced an downturn of -10.50%.

  • What are the total open charges for Akar Laminators Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Akar Laminators Limited amount to ₹ 4.00 Cr.

  • When was the last Balance Sheet of Akar Laminators Limited filed with the ROC?

    The most recent Balance Sheet for Akar Laminators Limited was filed with the ROC on 31 Mar 2021.

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