Akar Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 17-06-2024
- Paid Up Capital ₹ 3.48 Cr
as on 17-06-2024
- Company Age 37 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.80 Cr
as on 17-06-2024
- Satisfied Charges ₹ 47.07 Cr
as on 17-06-2024
- Revenue 45.63%
(FY 2023)
- Profit -181.59%
(FY 2023)
- Ebitda 34.77%
(FY 2023)
- Net Worth -0.45%
(FY 2023)
- Total Assets 20.32%
(FY 2023)
About Akar
The Corporate was formerly known as Akar Print & Pack Private Limited. The Company is engaged in the Media And Publishing 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 4.00 Cr and a paid-up capital of Rs 3.48 Cr.
The company currently has active open charges totaling ₹14.80 Cr. The company has closed loans amounting to ₹47.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sunil Shikarkhane, Ashokkumar Jain, Rahul Jain, and Three other members serve as directors at the Company.
- CIN/LLPIN
U22219MH1987PLC042216
- Company No.
042216
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Jan 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Akar Limited offer?
Akar Limited offers a wide range of products and services, including Writing Pad, Notepad, Publishing House, Refill Pad, Files, Folders & Notebooks, Notebook, Writing Notebook, Promotional Activity Services, Brand Promotion, Soft Cover Notebook.
Who are the key members and board of directors at Akar?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashokkumar Jain  | Managing Director | 14-Jan-1987 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Shikarkhane | Director | 03-Apr-1994 | Current |
| Ruhan Hansuka | Director | 01-May-2015 | Current |
| Rahul Jain | Whole-Time Director | 01-Mar-2004 | Current |
| Deepak Patil | Director | 23-Feb-2023 | Current |
| Mahesh Desai | Director | 31-Mar-2006 | Current |
Financial Performance of Akar.
Akar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.63% increase. The company also saw a substantial fall in profitability, with a 181.59% decrease in profit. The company's net worth dipped by a decrease of 0.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akar?
In 2023, Akar had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Medicca Press LimitedActive 34 years 5 monthsSunil Shikarkhane, Ashokkumar Jain and 3 more are mutual person
Akar Hospitality Management Services LimitedActive 24 years 8 monthsRahul Jain and Ruhan Hansuka are mutual person
- Iintelwave Systems Private LimitedActive 3 months 17 days
Ashokkumar Jain and Rahul Jain are mutual person
- Medicca Scientific Solution Private LimitedActive 5 months 5 days
Ashokkumar Jain and Rahul Jain are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Dec 2022 | ₹1.15 Cr | Open |
Others Creation Date: 15 Dec 2022 | ₹6.82 M | Open |
Hdfc Bank Limited Creation Date: 03 Dec 2022 | ₹10.53 Cr | Open |
How Many Employees Work at Akar?
Akar has a workforce of 312 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akar, 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'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
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.
