Akasa Finance Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
as on 07-07-2024
- Paid Up Capital ₹ 29.30 Cr
as on 07-07-2024
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.94 Cr
as on 07-07-2024
- Satisfied Charges ₹ 100.00 Cr
as on 07-07-2024
- Revenue -12.06%
(FY 2022)
- Profit -51.33%
(FY 2022)
- Ebitda 38.86%
(FY 2022)
- Net Worth 1.13%
(FY 2022)
- Total Assets 11.33%
(FY 2022)
About Akasa Finance
The Corporate was formerly known as Pooja Finelease 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 2023. 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 ₹50.94 Cr. The company has closed loans amounting to ₹100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Akasa Finance Limited India is Tanesh Gagnani as CFO. Jethmal Mehta, Rohit Mehta, Tanesh Gagnani, and Two other members serve as directors at the Company.
- CIN/LLPIN
U74899DL1995PLC064213
- Company No.
064213
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Jan 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
West Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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 (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohit Mehta  | Managing Director | 14-Dec-2007 | Current |
| Tanesh Gagnani | CFO | 14-Mar-2017 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jethmal Mehta | Director | 26-Apr-2017 | Current |
| Tanesh Gagnani | Director and Cfo | 30-Nov-2021 | Current |
| Nikhil Kumar | Director | 01-Sep-2023 | Current |
| Ayush Agrawal | Additional Director | 22-Jan-2024 | Current |
Financial Performance and Corporate Structure Insights 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
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Jun 2022 | ₹5.00 Cr | Open |
Others Creation Date: 04 Mar 2022 | ₹15.00 Cr | Open |
Hdfc Bank Limited Creation Date: 16 Nov 2021 | ₹9.40 M | Open |
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.
