Akash Infra-Projects Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 16.86 Cr
- Company Age 25 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- 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 eight months. Its registered office is in Gandhinagar, Gujarat, India.
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 2023. 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 are Pinkalben Chavda as COMPANY SECRETARY and Sujit Padhi as Cfo. Bhanuchandra Bhavsar, Varsha Thakkar, Ghanshyambhai Patel, and Six other members serve as directors at the Company.
Company Details
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Location
Gandhinagar, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
L45209GJ1999PLC036003
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Company No.
036003
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
14 May 1999
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Ahmedabad
Industry
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 (4)
Name | Designation | Appointment Date | Status |
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Pinkalben Chavda | Company Secretary | 01-Jul-2022 | Current |
Sujit Padhi | CFO | 19-May-2023 | Current |
Ambusinh Gol | Managing Director | 15-Aug-2001 | Current |
Yoginkumar Patel | Managing Director | 14-May-1999 | Current |
Board Members (7)
Name | Designation | Appointment Date | Status |
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Monika Shekhawat | Director | 17-Jan-2017 | Current |
Bhanuchandra Bhavsar | Director | 17-Jan-2017 | Current |
Varsha Thakkar | Director | 31-Aug-2019 | Current |
Ghanshyambhai Patel | Director | 14-Aug-2019 | Current |
Dineshbhai Patel | Whole-Time Director | 15-Aug-2001 | Current |
Bhavana Gol | Director | 15-Aug-2001 | Current |
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%.
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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.
Charges (Loans)
₹50.68 Cr
₹11.92 Cr
Charges Breakdown by Lending Institutions
- Others : 50.68 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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18 Feb 2002 | Others | ₹50.68 Cr | Open |
04 Aug 2017 | Hdfc Bank Limited | ₹7.29 M | Satisfied |
25 Jul 2016 | Hdfc Bank Limited | ₹8.26 M | Satisfied |
30 Jun 2016 | Hdfc Bank Limited | ₹1.35 Cr | Satisfied |
29 Aug 2013 | Hdfc Bank Limited | ₹1.92 Cr | Satisfied |
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.
Deals i
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
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.