Akashganga Processors Private Limited

Textile dyeing and printing company that manufactures, finishes, and trades cotton goods.

2004 | Surat, Gujarat (India) | Active
Last Updated:

Akashganga Processors Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 two months. 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 2024. 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.

Sanjay Lahoti, Ritesh Somani, and Mangilal 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Akashganga Processors?

Board Members (3)

NameDesignationAppointment DateStatus
Sanjay Lahoti Country flag representing In Director 19-Oct-2020Current
Ritesh Somani Country flag representing In Director 25-Mar-2013Current
Mangilal Lahoti Country flag representing In Director 01-Mar-2014Current

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%.

Akashganga Processors revenue growth over time
Akashganga Processors 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
16.59%
Revenue from Operations
16.49%
Total Assets
4.87%
Profit or Loss
506.80%
Net Worth
23.69%
EBITDA
468.83%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 M

Satisfied Charges

₹9.00 M

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2021Others₹5.00 CrOpen
09 Mar 2005The Sulex Co-Oprative Bank Ltd.₹8.00 MSatisfied
18 Aug 2004The Sulex Co-Oprative Bank Ltd.₹1.00 MSatisfied

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.

Employee growth trends for Akashganga Processors Private Limited

Deals i

Graph showing company valuation over time

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

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 Akashganga Processors

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 50.00 M registered on 24 Nov 2021 with Charge ID 100508878 was modified on 03 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100508878 was registered on 24 Nov 2021.

  • Director Appointment

    Sanjay Mangilal Lahoti was appointed as a Director was appointed as a Director on 19 Oct 2020 & has been associated with this company since 4 years 5 months .

  • Director Appointment

    Mangilal Sukhlal Lahoti was appointed as a Director was appointed as a Director on 01 Mar 2014 & has been associated with this company since 11 years 28 days .

Frequently asked questions

  • What is the Incorporation or founding date of Akashganga Processors Private Limited?

    Akashganga Processors Private Limited was incorporated on 12 Jan 2004.

  • What is authorized share capital and paid-up capital of Akashganga Processors Private Limited?

    The authorized share capital of Akashganga Processors Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Akashganga Processors Private Limited?

    Currently 3 directors are associated with Akashganga Processors Private Limited.

    • Sanjay Mangilal Lahoti
    • Ritesh Rajkumar Somani
    • Mangilal Sukhlal Lahoti

  • What is the registered address of Akashganga Processors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akashganga Processors Private Limited is 402/2 Gidc Pandesara, India, Surat, Gujarat, 394221.

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

    The corporate identification number (CIN) of Akashganga Processors Private Limited is U17121GJ2004PTC043456 and the company number is 043456 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akashganga Processors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akashganga Processors Private Limited has risen by 16.59%.

  • How many employees does Akashganga Processors Private Limited currently have?

    As Per 2023 financial reports, 50 employees are currently employed by Akashganga Processors Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Akashganga Processors Private Limited has experienced an upsurge of 23.69%.

  • What are the total open charges for Akashganga Processors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akashganga Processors Private Limited amount to ₹ 5.00 Cr.

  • When was the last Balance Sheet of Akashganga Processors Private Limited filed with the ROC?

    The most recent Balance Sheet for Akashganga Processors Private Limited was filed with the ROC on 31 Mar 2024.

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