Akash Roadlines Private Limited

Provides logistic services for various industries.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated: December 22, 2024

Akash Roadlines Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.49 M
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 Cr
  • Revenue Growth -24.68%
  • Profit Growth -135.01%
  • Ebitda -58.14%
  • Net Worth -47.31%
  • Total Assets 20.90%

About Akash Roadlines

Akash Roadlines Private Limited (ARPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 1995 and has a history of 29 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Transport And Logistics 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 0.50 M and a paid-up capital of Rs 0.49 M.

The company currently has active open charges totaling ₹7.50 Cr.

Arjun Agarwal and Shicksha Agarwal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60100KA1995PTC019077

  • Company No.

    019077

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

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

Board Members (2)

Name Designation Appointment Date Status
Arjun Agarwal Country flag representing In Director 28-Apr-2023 Current
Shicksha Agarwal Country flag representing In Additional Director 15-May-2023 Current

Financial Performance of Akash Roadlines.

Akash Roadlines Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 24.68% decrease. The company also saw a substantial fall in profitability, with a 135.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 47.31%.

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
-24.68%
Revenue from Operations
-23.78%
Total Assets
20.90%
Profit or Loss
-135.01%
Net Worth
-47.31%
EBITDA
-58.14%

What is the Ownership and Shareholding Structure of Akash Roadlines?

In 2022, Akash Roadlines had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.01 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.83 Cr
  • Axis Bank Limited : 2.64 Cr
  • Others : 0.43 Cr
  • Ing Vysya Bank Limited : 0.26 Cr
  • Syndicate Bank : 0.24 Cr
  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
20 Jul 2023 Axis Bank Limited ₹7.40 M Open
26 May 2023 Axis Bank Limited ₹1.46 Cr Open
28 Mar 2023 Hdfc Bank Limited ₹2.00 M Open
25 Mar 2023 Axis Bank Limited ₹4.41 M Open
30 Nov 2022 Hdfc Bank Limited ₹4.45 M Open

How Many Employees Work at Akash Roadlines?

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.00 M registered on 23 Jul 2019 with Charge ID 100285823 was modified on 29 Aug 2024.

    29 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.40 M with Charge ID 100915611 was registered on 20 Jul 2023.

    20 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 14.61 M with Charge ID 100734473 was registered on 26 May 2023.

    26 May 2023

  • Director Appointment

    Shicksha Agarwal was appointed as a Additional Director was appointed as a Additional Director on 15 May 2023 & has been associated with this company since 1 year 8 months .

    15 May 2023

Frequently asked questions

  • Akash Roadlines Private Limited was incorporated on 30 Oct 1995.

  • The authorized share capital of Akash Roadlines Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.49 M.

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

    • Arjun Agarwal
    • Shicksha Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akash Roadlines Private Limited is 702 6Th 'A' Cross 3Rd Block, Koramangala India, Bangalore, Karnataka, 560034.

  • The corporate identification number (CIN) of Akash Roadlines Private Limited is U60100KA1995PTC019077 and the company number is 019077 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Akash Roadlines Private Limited has fallen by -24.68%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Akash Roadlines Private Limited has experienced an downturn of -47.31%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Akash Roadlines Private Limited amount to ₹ 7.50 Cr.

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

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