

Akasa Finance Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 29.30 Cr
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.94 Cr
- Satisfied Charges ₹ 135.00 Cr
- Revenue Growth -12.06%
- Profit Growth -51.33%
- Ebitda 38.86%
- Net Worth 1.13%
- Total Assets 11.33%
About Akasa Finance
Akasa Finance Limited (AFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1995 and has a history of 30 years and two months. Its registered office is in Delhi, India.
The Corporate was formerly known as Pooja Finelease Private Limited. The Company is engaged in the Financial Services 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 30.00 Cr and a paid-up capital of Rs 29.30 Cr.
The company currently has active open charges totaling ₹15.94 Cr. The company has closed loans amounting to ₹135.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Akasa Finance Limited India are Tanesh Gagnani as CFO and Neha Sharma as Company Secretary. Tanesh Gagnani, Nikhil Kumar, Rohit Mehta, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1995PLC064213
- Company No.
064213
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Jan 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Akasa Finance Limited offer?
Akasa Finance Limited offers a wide range of products and services, including Automobile Repairing and Maintenance, Two Wheeler Repair and Maintenance Services, Home, Auto & Other Loan Services, Loan Service Providers, Branding & Advertising Agencies, Advertising Service.
Who are the key members and board of directors at Akasa Finance?
Executive Team (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Tanesh Gagnani ![]() | CFO | 30-Nov-2021 | Current |
Neha Sharma | Company Secretary | 14-Aug-2024 | Current |
Rohit Mehta ![]() | Managing Director | 14-Dec-2007 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Tanesh Gagnani ![]() | Director and Cfo | 30-Nov-2021 | Current |
Nikhil Kumar ![]() | Director | 01-Sep-2023 | Current |
Jethmal Mehta ![]() | Director | 26-Apr-2017 | Current |
Financial Performance of Akasa Finance.
Akasa Finance Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 12.06% decrease. The company also saw a substantial fall in profitability, with a 51.33% decrease in profit. The company's net worth moved up by a moderate rise of 1.13%.


- Key Matrics
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What is the Ownership and Shareholding Structure of Akasa Finance?
In 2022, Akasa Finance had a promoter holding of 58.68% and a public holding of 41.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Rohit Mehta is a mutual person
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Rohit Mehta is a mutual person
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Rohit Mehta is a mutual person
- Electric Mobility Financiers Association Of India
Rohit Mehta is a mutual person
Charges (Loans)
₹15.94 Cr
₹135.00 Cr
Charges Breakdown by Lending Institutions
- Others : 15.00 Cr
- Hdfc Bank Limited : 0.94 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
04 Mar 2022 | Others | ₹15.00 Cr | Open |
16 Nov 2021 | Hdfc Bank Limited | ₹9.40 M | Open |
29 Jun 2022 | Others | ₹5.00 Cr | Satisfied |
05 Mar 2019 | Others | ₹100.00 Cr | Satisfied |
30 May 2018 | State Bank Of India | ₹30.00 Cr | Satisfied |
How Many Employees Work at Akasa Finance?
Akasa Finance has a workforce of 365 employees as of Apr 03, 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 Akasa Finance, 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 Akasa Finance'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.
Latest Updates, News, and FAQs on Akasa Finance
Recent activity within the organization
- Annual General Meeting
Akasa Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Neha Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 14 Aug 2024 & has been associated with this company since 7 months 4 days .
- Balance Sheet
Akasa Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge registered on 30 May 2018 via Charge ID 100181353 with State Bank Of India was fully satisfied on 17 Jan 2024.
- Charges
A charge registered on 29 Jun 2022 via Charge ID 100595457 with Others was fully satisfied on 25 Dec 2023.
- Director Appointment
Nikhil Kumar was appointed as a Director was appointed as a Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Akasa Finance Limited?
Akasa Finance Limited was incorporated on 10 Jan 1995.
What is authorized share capital and paid-up capital of Akasa Finance Limited?
The authorized share capital of Akasa Finance Limited is ₹ 30.00 Cr and paid-up capital is ₹ 29.30 Cr.
Who are the current board members & directors of Akasa Finance Limited?
Currently 6 directors are associated with Akasa Finance Limited.
- Tanesh Gagnani
- Nikhil Kumar
- Tanesh Gagnani
- Neha Sharma
- Rohit Mehta
- Jethmal Mehta
What is the registered address of Akasa Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akasa Finance Limited is 70/A-32 Rama Road Industrial Area, Najafgarh India, New Delhi, 110015.
What is the corporate identification number (CIN) and company number of Akasa Finance Limited?
The corporate identification number (CIN) of Akasa Finance Limited is U74899DL1995PLC064213 and the company number is 064213 as per Ministry of Corporate Affairs (MCA).
What is the official website of Akasa Finance Limited?
The Official website of Akasa Finance Limited is https://www.akasafin.com
What has been the recent revenue trend for Akasa Finance Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Akasa Finance Limited has fallen by -12.06%.
How many employees does Akasa Finance Limited currently have?
As Per 2022 financial reports, 365 employees are currently employed by Akasa Finance Limited.
What change has been observed in the net worth of Akasa Finance Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Akasa Finance Limited has experienced an upsurge of 1.13%.
What are the total open charges for Akasa Finance Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Akasa Finance Limited amount to ₹ 15.94 Cr.
When was the last Balance Sheet of Akasa Finance Limited filed with the ROC?
The most recent Balance Sheet for Akasa Finance Limited was filed with the ROC on 31 Mar 2024.
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