Akar Packers Pvt Ltd

Manufactures and trades corrugated paperboard and boxes, offers packaging solutions.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 15, 2024

Akar Packers Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 1.44 M
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 8.37%
  • Profit Growth 20.48%
  • Ebitda 1.72%
  • Net Worth 6.29%
  • Total Assets 4.06%

About Akar Packers

Akar Packers Pvt Ltd (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 April 1991 and has a history of 33 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

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 6.50 M and a paid-up capital of Rs 1.44 M.

The company currently has active open charges totaling ₹1.00 Cr.

Suraj Jain, Rahul Jain, and Rajan Jain 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

    U21020GJ1991PTC015419

  • Company No.

    015419

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

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

Board Members (3)

Name Designation Appointment Date Status
Suraj Jain Country flag representing In Director 10-Jul-2019 Current
Rahul Jain Country flag representing In Director 01-Aug-2005 Current
Rajan Jain Country flag representing In Director 12-Apr-1991 Current

Financial Performance of Akar Packers.

Akar Packers Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 8.37% increase. The company also saw a substantial improvement in profitability, with a 20.48% increase in profit. The company's net worth moved up by a moderate rise of 6.29%.

Graph illustrating revenue growth over time
Graph showing 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
8.37%
Revenue from Operations
8.38%
Total Assets
4.06%
Profit or Loss
20.48%
Net Worth
6.29%
EBITDA
1.72%

What is the Ownership and Shareholding Structure of Akar Packers?

In 2023, Akar Packers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2008 Bank Of Baroda ₹1.00 Cr Open

How Many Employees Work at Akar Packers?

Akar Packers has a workforce of 11 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akar Packers, 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 Packers'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 Packers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Akar Packers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Suraj Rajankumar Jain was appointed as a Director was appointed as a Director on 10 Jul 2019 & has been associated with this company since 5 years 7 months .

    10 Jul 2019

  • Charges

    A charge with Bank Of Baroda of Rs. 10.00 M registered on 29 Dec 2008 with Charge ID 10138550 was modified on 30 Mar 2011.

    30 Mar 2011

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 10.00 M with Charge ID 10138550 was registered on 29 Dec 2008.

    29 Dec 2008

  • Director Appointment

    Rahul Hanskumar Jain was appointed as a Director was appointed as a Director on 01 Aug 2005 & has been associated with this company since 19 years 6 months .

    01 Aug 2005

Frequently asked questions

  • Akar Packers Pvt Ltd was incorporated on 12 Apr 1991.

  • The authorized share capital of Akar Packers Pvt Ltd is ₹ 6.50 M and paid-up capital is ₹ 1.44 M.

  • Currently 3 directors are associated with Akar Packers Pvt Ltd.

    • Suraj Rajankumar Jain
    • Rahul Hanskumar Jain
    • Rajan Hanskumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akar Packers Pvt Ltd is 315 Platinum Plaza Judge'S Bunglow Rd Bodekdev, India, Ahmedabad, Gujarat, 380054.

  • The corporate identification number (CIN) of Akar Packers Pvt Ltd is U21020GJ1991PTC015419 and the company number is 015419 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akar Packers Pvt Ltd has risen by 8.37%.

  • As Per 2023 financial reports, 11 employees are currently employed by Akar Packers Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akar Packers Pvt Ltd has experienced an upsurge of 6.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akar Packers Pvt Ltd amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Akar Packers Pvt Ltd was filed with the ROC on 31 Mar 2024.