Akash Infra-Projects Limited

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

1999 | Gandhinagar, Gujarat (India) | Active
Last Updated: July 07, 2024

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

  • Location

    Gandhinagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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 (4)

Name Designation Appointment Date Status
Pinkalben Chavda Company Secretary 01-Jul-2022 Current
Sujit Padhi Country flag representing In CFO 19-May-2023 Current
Ambusinh Gol Country flag representing In Managing Director 15-Aug-2001 Current
Yoginkumar Patel Country flag representing In Managing Director 14-May-1999 Current

Board Members (7)

Name Designation Appointment Date Status
Monika Shekhawat Country flag representing In Director 17-Jan-2017 Current
Bhanuchandra Bhavsar Country flag representing In Director 17-Jan-2017 Current
Varsha Thakkar Country flag representing In Director 31-Aug-2019 Current
Ghanshyambhai Patel Country flag representing In Director 14-Aug-2019 Current
Dineshbhai Patel Country flag representing In Whole-Time Director 15-Aug-2001 Current
Bhavana Gol Country flag representing In 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%.

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
-34.38%
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

Date Lender Amount Status
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.

Graph showing employee growth trends

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 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

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

    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.

    10 Apr 2023

  • Charges

    A charge registered on 30 Jun 2016 via Charge ID 100038059 with Hdfc Bank Limited was fully satisfied on 10 Apr 2023.

    10 Apr 2023

  • Balance Sheet

    Akash Infra-Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 50.68 Cr registered on 18 Feb 2002 with Charge ID 80017190 was modified on 25 Mar 2022.

    25 Mar 2022

Frequently asked questions

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

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

  • Currently 11 directors are associated with Akash Infra-Projects Limited.

    • Bhanuchandra Kashiram Bhavsar
    • Pinkalben Chavda
    • Sujit Kumar Padhi
    • Varsha Mahendrakumar Thakkar
    • Ghanshyambhai Vitthalbhai Patel
    • Monika Shekhawat
    • Dineshbhai Haribhai Patel
    • Bhavana Ambusinh Gol
    • Ambusinh Punjaji Gol
    • Yoginkumar Haribhai Patel
    • Ashwinkumar Bholanath Jani
  • 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, Gandhinagar, Gujarat, India, 382011.

  • 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).

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Akash Infra-Projects Limited was filed with the ROC on 31 Mar 2023.

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