Akash Packtech Private Limited

Manufactures and exports packaging machines for various industries such as food, cosmetics, and detergent.

2002 | Delhi (India) | Active
Last Updated:

Akash Packtech Profile

Key Indicators

  • Authorised Capital ₹ 3.25 Cr
  • Paid Up Capital ₹ 1.34 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.65 Cr
  • Satisfied Charges ₹ 51.97 Cr
  • Revenue Growth 3.02%
  • Profit Growth 844.67%
  • Ebitda 21.03%
  • Net Worth 36.75%
  • Total Assets 11.99%

About Akash Packtech

Akash Packtech Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 2002 and has a history of 22 years and three months. Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment 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 3.25 Cr and a paid-up capital of Rs 1.34 Cr.

The company currently has active open charges totaling ₹27.65 Cr. The company has closed loans amounting to ₹51.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pratap Singh and Akash Singh serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akashpack.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2002PTC117831

  • Company No.

    117831

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Akash Packtech Private Limited offer?

Akash Packtech Private Limited offers a wide range of products and services, including Form Fill & Seal Machines, Pouch Packaging Machines, Filling Machines & Plants, Filling Machines, Horizontal Form Fill Seal Machines, Powder Packaging Machine, Packaging Machine, Vertical Form Fill Seal Machines, Liquid Filling Machine, VFFS Machine.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Pratap Singh Country flag representing In Managing Director28-Nov-2002Current

Board Members (1)

NameDesignationAppointment DateStatus
Akash Singh Country flag representing In Director 11-Jan-2024Current

Financial Performance of Akash Packtech.

Akash Packtech Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.02% increase. The company also saw a substantial improvement in profitability, with a 844.67% increase in profit. The company's net worth Soared by an impressive increase of 36.75%.

Akash Packtech revenue growth over time
Akash Packtech 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
3.02%
Revenue from Operations
2.81%
Total Assets
11.99%
Profit or Loss
844.67%
Net Worth
36.75%
EBITDA
21.03%

What is the Ownership and Shareholding Structure of Akash Packtech?

In 2023, Akash Packtech had a promoter holding of 71.51% and a public holding of 28.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.65 Cr

Satisfied Charges

₹51.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.59 Cr
  • Indian Overseas Bank : 2.06 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2023Others₹4.00 CrOpen
25 Aug 2023Others₹5.85 MOpen
29 Apr 2023Others₹1.01 CrOpen
10 Feb 2023Indian Overseas Bank₹0.50 MOpen
23 Dec 2022Others₹14.50 CrOpen

How Many Employees Work at Akash Packtech?

Akash Packtech has a workforce of 254 employees as of Apr 02, 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 Packtech Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Akash Singh was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge registered on 09 May 2018 via Charge ID 100181189 with Others was fully satisfied on 08 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100821267 was registered on 08 Nov 2023.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 0.59 Cr with Charge ID 100817615 was registered on 25 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 1.01 Cr with Charge ID 100736745 was registered on 29 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Akash Packtech Private Limited?

    Akash Packtech Private Limited was incorporated on 28 Nov 2002.

  • What is authorized share capital and paid-up capital of Akash Packtech Private Limited?

    The authorized share capital of Akash Packtech Private Limited is ₹ 3.25 Cr and paid-up capital is ₹ 1.34 Cr.

  • Who are the current board members & directors of Akash Packtech Private Limited?

    Currently 2 directors are associated with Akash Packtech Private Limited.

    • Pratap Singh
    • Akash Singh

  • What is the registered address of Akash Packtech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akash Packtech Private Limited is F-51 02Nd Floor Vishwakarma Colony, Lal Kaun India, New Delhi, 110044.

  • What is the corporate identification number (CIN) and company number of Akash Packtech Private Limited?

    The corporate identification number (CIN) of Akash Packtech Private Limited is U51909DL2002PTC117831 and the company number is 117831 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akash Packtech Private Limited?

    The Official website of Akash Packtech Private Limited is https://www.akashpack.com

  • What has been the recent revenue trend for Akash Packtech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akash Packtech Private Limited has risen by 3.02%.

  • How many employees does Akash Packtech Private Limited currently have?

    As Per 2023 financial reports, 254 employees are currently employed by Akash Packtech Private Limited.

  • What change has been observed in the net worth of Akash Packtech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Akash Packtech Private Limited has experienced an upsurge of 36.75%.

  • What are the total open charges for Akash Packtech Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akash Packtech Private Limited amount to ₹ 27.65 Cr.

  • When was the last Balance Sheet of Akash Packtech Private Limited filed with the ROC?

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

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