Akash Petroleum Private Limited

Provides retail sale of automotive fuel and operates petrol, CNG, and autogas stations.

2009 | Gandhinagar, Gujarat (India) | Active
Last Updated: January 03, 2025

Akash Petroleum Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.83 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.96 M
  • Revenue Growth 16.07%
  • Profit Growth 117.57%
  • Ebitda 558.46%
  • Net Worth 0.72%
  • Total Assets 4.77%

About Akash Petroleum

Akash Petroleum Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 November 2009 and has a history of 15 years and three months. Its registered office is in Gandhinagar, Gujarat.

The Company is engaged in the Chemicals And Materials 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 5.00 M and a paid-up capital of Rs 2.83 M.

The company currently has active open charges totaling ₹8.96 M.

Yoginkumar Patel and Ambusinh Gol serve as directors at the Company.

Company Details

  • Location Gandhinagar, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50500GJ2009PTC058481

  • Company No.

    058481

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

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

Board Members (2)

NameDesignationAppointment DateStatus
Yoginkumar Patel Country flag representing In Director 04-Nov-2009Current
Ambusinh Gol Country flag representing In Director 04-Nov-2009Current

Financial Performance of Akash Petroleum.

Akash Petroleum Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.07% increase. The company also saw a substantial improvement in profitability, with a 117.57% increase in profit. The company's net worth moved up by a moderate rise of 0.72%.

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
16.07%
Revenue from Operations
16.63%
Total Assets
4.77%
Profit or Loss
117.57%
Net Worth
0.72%
EBITDA
558.46%

What is the Ownership and Shareholding Structure of Akash Petroleum?

In 2023, Akash Petroleum had a public holding of 2.12%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.96 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jul 2015State Bank Of India₹8.96 MOpen

How Many Employees Work at Akash Petroleum?

Unlock and access historical data on people associated with Akash Petroleum, 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 Petroleum, 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 Petroleum'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 Petroleum

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Akash Petroleum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 8.96 M registered on 08 Jul 2015 with Charge ID 10583733 was modified on 03 Jun 2020.

    03 Jun 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 8.96 M with Charge ID 10583733 was registered on 08 Jul 2015.

    08 Jul 2015

  • Director Appointment

    Yoginkumar Haribhai Patel was appointed as a Director was appointed as a Director on 04 Nov 2009 & has been associated with this company since 15 years 3 months .

    04 Nov 2009

  • Director Appointment

    Ambusinh Punjaji Gol was appointed as a Director was appointed as a Director on 04 Nov 2009 & has been associated with this company since 15 years 3 months .

    04 Nov 2009

Frequently asked questions

  • Akash Petroleum Private Limited was incorporated on 04 Nov 2009.

  • The authorized share capital of Akash Petroleum Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.83 M.

  • Currently 2 directors are associated with Akash Petroleum Private Limited.

    • Yoginkumar Haribhai Patel
    • Ambusinh Punjaji Gol
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akash Petroleum Private Limited is 2 Ground Floor Abhishek Complex Opp. Hotel Haveli, Sector-11 India, Gandhinagar, Gujarat, 382011.

  • The corporate identification number (CIN) of Akash Petroleum Private Limited is U50500GJ2009PTC058481 and the company number is 058481 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akash Petroleum Private Limited has risen by 16.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akash Petroleum Private Limited has experienced an upsurge of 0.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akash Petroleum Private Limited amount to ₹ 8.96 M.

  • The most recent Balance Sheet for Akash Petroleum Private Limited was filed with the ROC on 31 Mar 2024.

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