Akash Agro Industries Ltd

Refining and trading of various oils with a daily capacity of 500 tons.

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

Akash Agro Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 34 Year, 2 Months
  • 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 and two months. 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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15140GJ1991PLC015029

  • Company No.

    015029

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1991

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

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.

Company report

Akash Agro Industries Ltd

Explore comprehensive data for Akash Agro Industries Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Akash Agro Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Patel Country flag representing In Managing Director01-Nov-2003Current
Rajendra Shah Country flag representing In Company Secretary01-Apr-2019Current
Falgunbhai Patel Country flag representing In CFO01-Apr-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajendra Shah Country flag representing In Whole-Time Director and Company Secretary 06-Nov-1992Current
Falgunbhai Patel Country flag representing In Whole-Time Director and Cfo 01-Dec-2007Current
Jay Patel Country flag representing In Director 26-Dec-2017Current
Urmilaben Patel Country flag representing In Director 26-Dec-2017Current
Pravinbhai Patel Country flag representing In Director 26-Dec-2017Current

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%.

Akash Agro Industries revenue growth over time
Akash Agro Industries 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
89.54%
Revenue from Operations
89.64%
Total Assets
36.08%
Profit or Loss
31.44%
Net Worth
14.18%
EBITDA
32.23%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.00 Cr

Satisfied Charges

₹20.63 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.00 Cr
  • Centurion Bank Ltd. : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jan 2018Hdfc Bank Limited₹20.00 CrOpen
13 Apr 2017Hdfc Bank Limited₹20.00 CrOpen
27 Dec 2003Centurion Bank Ltd.₹6.00 CrOpen
05 Mar 2008Bank Of Baroda₹12.35 CrSatisfied
22 Sep 2004Bank Of India₹2.50 CrSatisfied

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.

Employee growth trends for Akash Agro Industries Ltd

Deals i

Graph showing company valuation over time

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

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 Akash Agro Industries

Recent activity within the organization

  • Annual General Meeting

    Akash Agro Industries Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akash Agro Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 06 Jan 2018 with Charge ID 100163288 was modified on 02 Dec 2021.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 13 Apr 2017 with Charge ID 100110084 was modified on 04 Oct 2021.

  • Director Appointment

    Rajendra Babulal Shah was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2019 & has been associated with this company since 6 years 13 days .

  • Director Appointment

    Falgunbhai Girishbhai Patel was appointed as a Cfo was appointed as a Cfo on 01 Apr 2019 & has been associated with this company since 6 years 13 days .

Frequently asked questions

  • What is the Incorporation or founding date of Akash Agro Industries Ltd?

    Akash Agro Industries Ltd was incorporated on 07 Feb 1991.

  • What is authorized share capital and paid-up capital of Akash Agro Industries Ltd?

    The authorized share capital of Akash Agro Industries Ltd is ₹ 4.50 Cr and paid-up capital is ₹ 4.09 Cr.

  • Who are the current board members & directors of Akash Agro Industries Ltd?

    Currently 8 directors are associated with Akash Agro Industries Ltd.

    • Rajendra Babulal Shah
    • Manish Girishbhai Patel
    • Falgunbhai Girishbhai Patel
    • Jay Dipak Patel
    • Urmilaben Pravinbhai Patel
    • Pravinbhai Jashbhai Patel
    • Rajendra Babulal Shah
    • Falgunbhai Girishbhai Patel

  • What is the registered address of Akash Agro Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akash Agro Industries Ltd is 103/B Shilp Aaron, Near Pakwan Circle Opp.Amieda Medical Sindhu Bhavan Road India, Bodakdev, Gujarat, 380059.

  • What is the corporate identification number (CIN) and company number of Akash Agro Industries Ltd?

    The corporate identification number (CIN) of Akash Agro Industries Ltd is L15140GJ1991PLC015029 and the company number is 015029 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akash Agro Industries Ltd?

    The Official website of Akash Agro Industries Ltd is https://www.akashagroindustries.com

  • What has been the recent revenue trend for Akash Agro Industries Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Akash Agro Industries Ltd has risen by 89.54%.

  • How many employees does Akash Agro Industries Ltd currently have?

    As Per 2022 financial reports, 4 employees are currently employed by Akash Agro Industries Ltd.

  • What change has been observed in the net worth of Akash Agro Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Akash Agro Industries Ltd has experienced an upsurge of 14.18%.

  • What are the total open charges for Akash Agro Industries Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Akash Agro Industries Ltd amount to ₹ 46.00 Cr.

  • When was the last Balance Sheet of Akash Agro Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Akash Agro Industries Ltd was filed with the ROC on 31 Mar 2024.

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