Akash Gems Private Limited

Gemstone company specializing in exporting, importing, and manufacturing various types of cut stones and related items.

2004 | Jaipur, Rajasthan (India) | Active
Last Updated: November 17, 2024

Akash Gems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Revenue Growth -40.95%
  • Profit Growth -64.61%
  • Ebitda -3.08%
  • Net Worth 1.03%
  • Total Assets -17.17%

About Akash Gems

Akash Gems Private Limited (AGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 2004 and has a history of 21 years. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Consumer Goods 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.00 Cr.

Mahaveer Jain, Vikas Choudhary, Satya Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akashgems.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36911RJ2004PTC019000

  • Company No.

    019000

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Consumer Goods

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

Board Members (6)

NameDesignationAppointment DateStatus
Mahaveer Jain Country flag representing In Director 19-Feb-2004Current
Vikas Choudhary Country flag representing In Director 19-Feb-2004Current
Satya Jain Country flag representing In Director 19-Feb-2004Current
Neeraj Gupta Country flag representing In Director 19-Feb-2004Current
Champa Choudhary Country flag representing In Director 19-Feb-2004Current
Sunil Agarwal Country flag representing In Director 19-Feb-2004Current

Financial Performance of Akash Gems.

Akash Gems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.95% decrease. The company also saw a substantial fall in profitability, with a 64.61% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.

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
-40.95%
Revenue from Operations
-41.01%
Total Assets
-17.17%
Profit or Loss
-64.61%
Net Worth
1.03%
EBITDA
-3.08%

What is the Ownership and Shareholding Structure of Akash Gems?

In 2023, Akash Gems had a promoter holding of 99.87% and a public holding of 0.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jun 2016Yes Bank Limited₹4.00 CrOpen

How Many Employees Work at Akash Gems?

Unlock and access historical data on people associated with Akash Gems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 40.00 M with Charge ID 100037519 was registered on 16 Jun 2016.

    16 Jun 2016

  • Director Appointment

    Mahaveer Kumar Jain was appointed as a Director was appointed as a Director on 19 Feb 2004 & has been associated with this company since 21 years 4 days .

    19 Feb 2004

  • Director Appointment

    Vikas Choudhary was appointed as a Director was appointed as a Director on 19 Feb 2004 & has been associated with this company since 21 years 4 days .

    19 Feb 2004

  • Director Appointment

    Satya Narain Jain was appointed as a Director was appointed as a Director on 19 Feb 2004 & has been associated with this company since 21 years 4 days .

    19 Feb 2004

Frequently asked questions

  • Akash Gems Private Limited was incorporated on 19 Feb 2004.

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

  • Currently 6 directors are associated with Akash Gems Private Limited.

    • Mahaveer Kumar Jain
    • Vikas Choudhary
    • Satya Narain Jain
    • Neeraj Gupta
    • Champa Lal Choudhary
    • Sunil Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akash Gems Private Limited is 14 Vishnu Puri Jagatpura Road, Malviya Nagar India, Jaipur, Rajasthan, 302017.

  • The corporate identification number (CIN) of Akash Gems Private Limited is U36911RJ2004PTC019000 and the company number is 019000 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akash Gems Private Limited is https://www.akashgems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akash Gems Private Limited has fallen by -40.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akash Gems Private Limited has experienced an upsurge of 1.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akash Gems Private Limited amount to ₹ 4.00 Cr.

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

People also Viewed

Similar Companies Based on Watches & Jewelry Manufacturing