Akash Agro Industries Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 4.09 Cr
- Company Age 34 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 46.00 Cr
- Satisfied Charges ₹ 20.63 Cr
- Revenue Growth 89.54%
- Profit Growth 31.44%
- Ebitda 32.23%
- Net Worth 14.18%
- Total Assets 36.08%
About Akash Agro Industries
Akash Agro Industries Ltd (AAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 February 1991 and has a history of 34 years. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Food And Beverages 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 4.50 Cr and a paid-up capital of Rs 4.09 Cr.
The company currently has active open charges totaling ₹46.00 Cr. The company has closed loans amounting to ₹20.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Akash Agro Industries Ltd India are Rajendra Shah as COMPANY SECRETARY and Falgunbhai Patel as Cfo. Rajendra Shah, Manish Patel, Falgunbhai Patel, and Three other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L15140GJ1991PLC015029
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Company No.
015029
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
07 Feb 1991
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Date of AGM
26 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Listed
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ROC Code
Roc Ahmedabad
Industry
What products or services does Akash Agro Industries Ltd offer?
Akash Agro Industries Ltd offers a wide range of products and services, including Fertilizers and Soil Additives, Fertilizer, Organic Fertilizers and Manure, Plant Growth Promoters, NP Fertilizer, Potassic Fertilizers, Insecticides and Pesticides, Plant Growth Regulators, Micronutrient Fertilizers, Chemical Reagents & Catalysts.
Who are the key members and board of directors at Akash Agro Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Patel
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Managing Director | 01-Nov-2003 | Current |
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Rajendra Shah
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Company Secretary | 01-Apr-2019 | Current |
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Falgunbhai Patel
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CFO | 01-Apr-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Rajendra Shah
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Whole-Time Director and Company Secretary | 06-Nov-1992 | Current |
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Falgunbhai Patel
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Whole-Time Director and Cfo | 01-Dec-2007 | Current |
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Jay Patel
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Director | 26-Dec-2017 | Current |
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Urmilaben Patel
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Director | 26-Dec-2017 | Current |
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Pravinbhai Patel
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Director | 26-Dec-2017 | Current |
Financial Performance of Akash Agro Industries.
Akash Agro Industries Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 89.54% increase. The company also saw a substantial improvement in profitability, with a 31.44% increase in profit. The company's net worth Soared by an impressive increase of 14.18%.
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What is the Ownership and Shareholding Structure of Akash Agro Industries?
In 2023, Akash Agro Industries had a promoter holding of 48.89% and a public holding of 51.11%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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R R Securities LtdRajendra Shah and Manish Patel are mutual person
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Resonant Pharmaceuticals Private LimitedJay Patel is a mutual person
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Shree Proteins Private LimitedRajendra Shah, Manish Patel and 1 more are mutual person
Charges (Loans)
₹46.00 Cr
₹20.63 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 40.00 Cr
- Centurion Bank Ltd. : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2018 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 13 Apr 2017 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 27 Dec 2003 | Centurion Bank Ltd. | ₹6.00 Cr | Open |
| 05 Mar 2008 | Bank Of Baroda | ₹12.35 Cr | Satisfied |
| 22 Sep 2004 | Bank Of India | ₹2.50 Cr | Satisfied |
How Many Employees Work at Akash Agro Industries?
Akash Agro Industries has a workforce of 4 employees as of Apr 02, 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 Akash Agro Industries, 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 Akash Agro Industries'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.
