Akash Infra-Projects Limited

Constructs and repairs roads for local bodies in Gujarat since 1999.

1999 | Gandhinagar, Gujarat (India) | Active
Last Updated:

Akash Infra-Projects Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 16.86 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.68 Cr
  • Satisfied Charges ₹ 11.92 Cr
  • Revenue Growth -34.38%
  • Profit Growth -40.57%
  • Ebitda 163.36%
  • Net Worth 1.62%
  • Total Assets 28.84%

About Akash Infra-Projects

Akash Infra-Projects Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 1999 and has a history of 25 years and nine months. Its registered office is in Gandhinagar, Gujarat.

The Corporate was formerly known as Akash Infra-Projects Private Limited. The Company is engaged in the Infrastructure And Utilities 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 17.00 Cr and a paid-up capital of Rs 16.86 Cr.

The company currently has active open charges totaling ₹50.68 Cr. The company has closed loans amounting to ₹11.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Akash Infra-Projects Limited India is Sujit Padhi as CFO. Yoginkumar Patel, Premalsinh Gol, Ghanshyambhai Patel, and Five other members serve as directors at the Company.

Company Details

  • Location Gandhinagar, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akashinfra.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L45209GJ1999PLC036003

  • Company No.

    036003

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

What products or services does Akash Infra-Projects Limited offer?

Akash Infra-Projects Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Database Management.

Who are the key members and board of directors at Akash Infra-Projects?

Executive Team (3)

NameDesignationAppointment DateStatus
Yoginkumar Patel Country flag representing In Managing Director14-May-1999Current
Sujit Padhi Country flag representing In CFO23-May-2023Current
Ambusinh Gol Country flag representing In Managing Director15-Aug-2001Current

Board Members (6)

NameDesignationAppointment DateStatus
Monika Shekhawat Country flag representing In Director 17-Jan-2017Current
Premalsinh Gol Country flag representing In Whole-Time Director 07-Jul-2024Current
Ghanshyambhai Patel Country flag representing In Director 14-Aug-2019Current
Varsha Thakkar Country flag representing In Director 31-Aug-2019Current
Ashwinkumar Jani Country flag representing In Director 17-Jan-2017Current
Dineshbhai Patel Country flag representing In Whole-Time Director 15-Aug-2001Current

Financial Performance of Akash Infra-Projects.

Akash Infra-Projects Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.38% decrease. The company also saw a substantial fall in profitability, with a 40.57% decrease in profit. The company's net worth moved up by a moderate rise of 1.62%.

Akash Infra-Projects revenue growth over time
Akash Infra-Projects 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
-34.38%
Revenue from Operations
-21.64%
Total Assets
28.84%
Profit or Loss
-40.57%
Net Worth
1.62%
EBITDA
163.36%

What is the Ownership and Shareholding Structure of Akash Infra-Projects?

In 2023, Akash Infra-Projects had a promoter holding of 74.59% and a public holding of 25.41%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.68 Cr

Satisfied Charges

₹11.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 50.68 Cr

Latest Charge Details

DateLenderAmountStatus
18 Feb 2002Others₹50.68 CrOpen
04 Aug 2017Hdfc Bank Limited₹7.29 MSatisfied
25 Jul 2016Hdfc Bank Limited₹8.26 MSatisfied
30 Jun 2016Hdfc Bank Limited₹1.35 CrSatisfied
29 Aug 2013Hdfc Bank Limited₹1.92 CrSatisfied

How Many Employees Work at Akash Infra-Projects?

Akash Infra-Projects has a workforce of 38 employees as of Mar 27, 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 Infra-Projects Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akash Infra-Projects, 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 Infra-Projects'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 Infra-Projects

Recent activity within the organization

  • Annual General Meeting

    Akash Infra-Projects Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Premalsinh Punjaji Gol was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Jul 2024 & has been associated with this company since 7 months 28 days .

  • Balance Sheet

    Akash Infra-Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Sujit Kumar Padhi was appointed as a Cfo was appointed as a Cfo on 23 May 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge registered on 04 Aug 2017 via Charge ID 100123533 with Hdfc Bank Limited was fully satisfied on 10 Apr 2023.

  • Charges

    A charge registered on 25 Jul 2016 via Charge ID 100042313 with Hdfc Bank Limited was fully satisfied on 10 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Akash Infra-Projects Limited?

    Akash Infra-Projects Limited was incorporated on 14 May 1999.

  • What is authorized share capital and paid-up capital of Akash Infra-Projects Limited?

    The authorized share capital of Akash Infra-Projects Limited is ₹ 17.00 Cr and paid-up capital is ₹ 16.86 Cr.

  • Who are the current board members & directors of Akash Infra-Projects Limited?

    Currently 9 directors are associated with Akash Infra-Projects Limited.

    • Yoginkumar Haribhai Patel
    • Premalsinh Punjaji Gol
    • Ghanshyambhai Vitthalbhai Patel
    • Sujit Kumar Padhi
    • Varsha Mahendrakumar Thakkar
    • Monika Shekhawat
    • Ashwinkumar Bholanath Jani
    • Dineshbhai Haribhai Patel
    • Ambusinh Punjaji Gol
  • What is the registered address of Akash Infra-Projects Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akash Infra-Projects Limited is 2 Ground Floor Abhishek Complex Opp. Hotel Haveli, Sector-11 India, Gandhinagar, Gujarat, 382011.

  • What is the corporate identification number (CIN) and company number of Akash Infra-Projects Limited?

    The corporate identification number (CIN) of Akash Infra-Projects Limited is L45209GJ1999PLC036003 and the company number is 036003 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akash Infra-Projects Limited?

    The Official website of Akash Infra-Projects Limited is https://www.akashinfra.com

  • What has been the recent revenue trend for Akash Infra-Projects Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akash Infra-Projects Limited has fallen by -34.38%.

  • How many employees does Akash Infra-Projects Limited currently have?

    As Per 2023 financial reports, 38 employees are currently employed by Akash Infra-Projects Limited.

  • What change has been observed in the net worth of Akash Infra-Projects Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Akash Infra-Projects Limited has experienced an upsurge of 1.62%.

  • What are the total open charges for Akash Infra-Projects Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akash Infra-Projects Limited amount to ₹ 50.68 Cr.

  • When was the last Balance Sheet of Akash Infra-Projects Limited filed with the ROC?

    The most recent Balance Sheet for Akash Infra-Projects Limited was filed with the ROC on 31 Mar 2024.

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