Akar Limited

This company specializes in printing, publishing, and packaging for various industries, including pharmaceuticals.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated:

Akar Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.48 Cr
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.90 Cr
  • Satisfied Charges ₹ 47.07 Cr
  • Revenue Growth 45.63%
  • Profit Growth -181.59%
  • Ebitda 34.77%
  • Net Worth -0.45%
  • Total Assets 20.32%

About Akar

Akar Limited (AL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 January 1987 and has a history of 38 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Akar Print & Pack 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 2024. 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 ₹15.90 Cr. The company has closed loans amounting to ₹47.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Jain, Ashokkumar Jain, Sunil Shikarkhane, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U22219MH1987PLC042216

  • Company No.

    042216

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging
Media and Publishing

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.

Company report

Akar Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ashokkumar Jain Country flag representing In Managing Director14-Jan-1987Current

Board Members (5)

NameDesignationAppointment DateStatus
Sunil Shikarkhane Country flag representing In Director 03-Apr-1994Current
Ruhan Hansuka Country flag representing In Director 30-Sep-2015Current
Rahul Jain Country flag representing In Whole-Time Director 01-Mar-2004Current
Deepak Patil Country flag representing In Director 23-Feb-2023Current
Mahesh Desai Country flag representing In Director 31-Mar-2006Current

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%.

Akar revenue growth over time
Akar 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
45.63%
Revenue from Operations
45.34%
Total Assets
20.32%
Profit or Loss
-181.59%
Net Worth
-0.45%
EBITDA
34.77%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.90 Cr

Satisfied Charges

₹47.07 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 11.01 Cr
  • Others : 4.81 Cr
  • The Jain Sahakari Bank Ltd : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
24 Oct 2024Hdfc Bank Limited₹2.00 MOpen
22 Oct 2024Hdfc Bank Limited₹1.80 MOpen
28 Aug 2024Others₹7.29 MOpen
15 Dec 2022Others₹1.15 CrOpen
15 Dec 2022Others₹6.82 MOpen

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.

Employee growth trends for Akar Limited

Deals i

Graph showing company valuation over time

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

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101008479 was registered on 24 Oct 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100992323 was registered on 22 Oct 2024.

  • Annual General Meeting

    Akar Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100974168 was registered on 28 Aug 2024.

  • Balance Sheet

    Akar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.53 Cr registered on 03 Dec 2022 with Charge ID 100648228 was modified on 22 Jun 2023.

Frequently asked questions

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

    Akar Limited was incorporated on 14 Jan 1987.

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

    The authorized share capital of Akar Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.48 Cr.

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

    Currently 6 directors are associated with Akar Limited.

    • Rahul Ashok Jain
    • Ashokkumar Jain
    • Sunil Gopal Shikarkhane
    • Mahesh Jashvantrai Desai
    • Ruhan Ashok Hansuka
    • Deepak Jayant Patil

  • What is the registered address of Akar Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akar Limited is 704 Shree Sai Corporate Park Laxmi Nagar Off Link Road, Goregaon (W) India, Mumbai, Maharashtra, 400104.

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

    The corporate identification number (CIN) of Akar Limited is U22219MH1987PLC042216 and the company number is 042216 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akar Limited?

    The Official website of Akar Limited is https://www.akar.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Akar Limited has risen by 45.63%.

  • How many employees does Akar Limited currently have?

    As Per 2023 financial reports, 312 employees are currently employed by Akar Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Akar Limited has experienced an downturn of -0.45%.

  • What are the total open charges for Akar Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akar Limited amount to ₹ 15.90 Cr.

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

    The most recent Balance Sheet for Akar Limited was filed with the ROC on 31 Mar 2024.

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