Akashganga Processors Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 21 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 9.00 M
- Revenue Growth 16.59%
- Profit Growth 506.80%
- Ebitda 468.83%
- Net Worth 23.69%
- Total Assets 4.87%
About Akashganga Processors
Akashganga Processors Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 January 2004 and has a history of 21 years and one month. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.
Ritesh Somani, Mangilal Lahoti, and Sanjay Lahoti serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17121GJ2004PTC043456
- Company No.
043456
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jan 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Akashganga Processors?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ritesh Somani  | Director | 25-Mar-2013 | Current |
| Mangilal Lahoti | Director | 01-Mar-2014 | Current |
| Sanjay Lahoti | Director | 19-Oct-2020 | Current |
Financial Performance of Akashganga Processors.
Akashganga Processors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.59% increase. The company also saw a substantial improvement in profitability, with a 506.8% increase in profit. The company's net worth Soared by an impressive increase of 23.69%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Akashganga Processors?
In 2022, Akashganga Processors had a promoter holding of 56.60% and a public holding of 43.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sumicot LimitedRitesh Somani and Sanjay Lahoti are mutual person
Betex India Limited (Co Tr From Maha )Ritesh Somani is a mutual person
Bhoomeka Processors Private LimitedRitesh Somani is a mutual person
- Rakesh Industries Private Limited
Ritesh Somani is a mutual person
- Polycoat India Private Limited
Ritesh Somani and Sanjay Lahoti are mutual person
- Sumeet Silk Processors Pvt Ltd
Ritesh Somani is a mutual person
Charges (Loans)
₹50.00 M
₹9.00 M
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2021 | Others | ₹5.00 Cr | Open |
| 09 Mar 2005 | The Sulex Co-Oprative Bank Ltd. | ₹8.00 M | Satisfied |
| 18 Aug 2004 | The Sulex Co-Oprative Bank Ltd. | ₹1.00 M | Satisfied |
How Many Employees Work at Akashganga Processors?
Akashganga Processors has a workforce of 50 employees as of Apr 07, 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 Akashganga Processors, 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 Akashganga Processors'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.
