Akash Engineering Associates Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.40 M
- Company Age 19 Year, 4 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.04 Cr
- Satisfied Charges ₹ 3.50 Cr
- Revenue Growth -66.61%
- Profit Growth -4560.25%
- Ebitda -444.74%
- Net Worth -13.93%
- Total Assets -14.34%
About Akash Engineering Associates
Akash Engineering Associates Private Limited (AEAPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 February 2006 and has a history of 19 years. Its registered office is in Chennai, Tamil Nadu.
The Company is engaged in the Consumer Electronics & Durables 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 2.50 M and a paid-up capital of Rs 2.40 M.
The company currently has active open charges totaling ₹8.04 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gatmal Ashokkumar, Arushi Jain, and Priyank Jain serve as directors at the Company.
Company Details
- Location Chennai, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74999TN2006PTC058941
- Company No.
058941
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Feb 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Akash Engineering Associates?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gatmal Ashokkumar  | Managing Director | 21-Feb-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arushi Jain | Additional Director | 29-Mar-2024 | Current |
| Priyank Jain | Whole-Time Director | 27-Nov-2015 | Current |
Financial Performance of Akash Engineering Associates.
Akash Engineering Associates Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.61% decrease. The company also saw a substantial fall in profitability, with a 4560.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.93%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Akash Engineering Associates?
In 2023, Akash Engineering Associates had a promoter holding of 100.00%. 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)
Learning Wheels LlpArushi Jain is a mutual person
- Pghh Infrastructure Private Limited
Priyank Jain is a mutual person
Charges (Loans)
₹80.43 M
₹35.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 8.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2020 | Axis Bank Limited | ₹2.60 Cr | Open |
| 13 Nov 2019 | Axis Bank Limited | ₹1.71 M | Open |
| 17 Jun 2016 | Axis Bank Limited | ₹5.27 Cr | Open |
| 23 Mar 2007 | Uco Bank | ₹3.50 Cr | Satisfied |
How Many Employees Work at Akash Engineering Associates?
Akash Engineering Associates has a workforce of 63 employees as of Apr 06, 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 Engineering Associates, 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 Engineering Associates'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.
