Akash Fabrics Private Limited

Textile manufacturing and processing company specializing in readymade garments and hosiery goods.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: July 24, 2024

Akash Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 34.22%
  • Profit Growth 93.16%
  • Ebitda 115.15%
  • Net Worth 80.67%
  • Total Assets -0.07%

About Akash Fabrics

Akash Fabrics Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 May 1992 and has a history of 32 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Home & Lifestyle 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Azam Shaikh and Rajendra Nagpal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18100MH1992PTC066806

  • Company No.

    066806

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

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

Board Members (2)

NameDesignationAppointment DateStatus
Azam Shaikh Country flag representing In Additional Director 01-Jul-2021Current
Rajendra Nagpal Country flag representing In Director 28-Oct-2014Current

Financial Performance of Akash Fabrics.

Akash Fabrics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.22% increase. The company also saw a substantial improvement in profitability, with a 93.16% increase in profit. The company's net worth Soared by an impressive increase of 80.67%.

Graph illustrating revenue growth over time
Graph showing 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
34.22%
Revenue from Operations
34.48%
Total Assets
-0.07%
Profit or Loss
93.16%
Net Worth
80.67%
EBITDA
115.15%

What is the Ownership and Shareholding Structure of Akash Fabrics?

In 2023, Akash Fabrics had a promoter holding of 33.34% and a public holding of 66.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Akash Fabrics?

Akash Fabrics has a workforce of 5 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akash Fabrics, 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 Fabrics'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 Fabrics

Recent activity within the organization

  • Annual General Meeting

    Akash Fabrics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akash Fabrics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Azam Mohmmed Ahsan Shaikh was appointed as a Additional Director was appointed as a Additional Director on 01 Jul 2021 & has been associated with this company since 3 years 7 months .

    01 Jul 2021

  • Director Appointment

    Rajendra Nagpal was appointed as a Director was appointed as a Director on 28 Oct 2014 & has been associated with this company since 10 years 3 months .

    28 Oct 2014

  • Company Incorporation

    Akash Fabrics Private Limited was registered on 18 May 1992 with Roc Mumbai & aged 32 years 9 months as per MCA records.

    18 May 1992

Frequently asked questions

  • Akash Fabrics Private Limited was incorporated on 18 May 1992.

  • The authorized share capital of Akash Fabrics Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Akash Fabrics Private Limited.

    • Azam Mohmmed Ahsan Shaikh
    • Rajendra Nagpal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akash Fabrics Private Limited is Unit No 34A 2Nd Floor Arsiwala Bldg 57 Wodehose Road Colaba, Mumbai, Maharashtra, India, 400005.

  • The corporate identification number (CIN) of Akash Fabrics Private Limited is U18100MH1992PTC066806 and the company number is 066806 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akash Fabrics Private Limited has risen by 34.22%.

  • As Per 2023 financial reports, 5 employees are currently employed by Akash Fabrics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akash Fabrics Private Limited has experienced an upsurge of 80.67%.

  • The most recent Balance Sheet for Akash Fabrics Private Limited was filed with the ROC on 31 Mar 2023.

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