Akashganga Textiles Mills Ltd.

Manufactures and trades textiles including yarn and fabrics.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: December 16, 2024

Akashganga Textiles Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.49 M
  • Company Age 40 Year, 12 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.92 Cr
  • Revenue Growth 7.89%
  • Profit Growth 23.19%
  • Ebitda -10.23%
  • Net Worth 1.47%
  • Total Assets 2.77%

About Akashganga Textiles Mills

Akashganga Textiles Mills Ltd. (ATML) is a Public Limited Indian Non-Government Company incorporated in India on 30 January 1985 and has a history of 40 years. Its registered office is in Mumbai, Maharashtra, 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 2.50 M and a paid-up capital of Rs 2.49 M.

The company has closed loans amounting to ₹2.92 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Priti Churiwala, Shiv Churiwala, and Mukut Churiwala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1985PLC035211

  • Company No.

    035211

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Priti Churiwala Country flag representing In Director 23-Aug-2004 Current
Shiv Churiwala Country flag representing In Director 16-Jul-1990 Current
Mukut Churiwala Country flag representing In Director 03-Jan-1986 Current

Financial Performance of Akashganga Textiles Mills.

Akashganga Textiles Mills Ltd., for the financial year ended 2022, experienced modest growth in revenue, with a 7.89% increase. The company also saw a substantial improvement in profitability, with a 23.19% increase in profit. The company's net worth moved up by a moderate rise of 1.47%.

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
7.89%
Revenue from Operations
3.46%
Total Assets
2.77%
Profit or Loss
23.19%
Net Worth
1.47%
EBITDA
-10.23%

What is the Ownership and Shareholding Structure of Akashganga Textiles Mills?

In 2020, Akashganga Textiles Mills had a promoter holding of 93.69% and a public holding of 6.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹29.20 M

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 2.20 Cr
  • Bank Of India : 0.72 Cr

Latest Charge Details

Date Lender Amount Status
20 Dec 2007 Syndicate Bank ₹1.00 Cr Satisfied
09 Jul 2007 Syndicate Bank ₹1.20 Cr Satisfied
22 May 1997 Bank Of India ₹3.80 M Satisfied
05 May 1997 Bank Of India ₹0.80 M Satisfied
05 May 1997 Bank Of India ₹1.10 M Satisfied

How Many Employees Work at Akashganga Textiles Mills?

Unlock and access historical data on people associated with Akashganga Textiles Mills, 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 Akashganga Textiles Mills, 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 Textiles Mills'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 Textiles Mills

Recent activity within the organization

  • Annual General Meeting

    Akashganga Textiles Mills Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akashganga Textiles Mills Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 20 Dec 2007 via Charge ID 10163975 with Syndicate Bank was fully satisfied on 01 Dec 2014.

    01 Dec 2014

  • Charges

    A charge registered on 09 Jul 2007 via Charge ID 10075494 with Syndicate Bank was fully satisfied on 17 Oct 2014.

    17 Oct 2014

  • Charges

    A charge with Syndicate Bank of Rs. 12.00 M registered on 09 Jul 2007 with Charge ID 10075494 was modified on 27 Aug 2013.

    27 Aug 2013

  • Charges

    A charge with Syndicate Bank of Rs. 10.00 M registered on 20 Dec 2007 with Charge ID 10163975 was modified on 18 Sep 2010.

    18 Sep 2010

Frequently asked questions

  • Akashganga Textiles Mills Ltd. was incorporated on 30 Jan 1985.

  • The authorized share capital of Akashganga Textiles Mills Ltd. is ₹ 2.50 M and paid-up capital is ₹ 2.49 M.

  • Currently 3 directors are associated with Akashganga Textiles Mills Ltd..

    • Priti Churiwala
    • Shiv Kumar Churiwala
    • Mukut Lal Churiwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akashganga Textiles Mills Ltd. is Abhinandan Market 215 / 217 Kalbadevi Road India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Akashganga Textiles Mills Ltd. is U17110MH1985PLC035211 and the company number is 035211 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Akashganga Textiles Mills Ltd. has risen by 7.89%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Akashganga Textiles Mills Ltd. has experienced an upsurge of 1.47%.

  • The most recent Balance Sheet for Akashganga Textiles Mills Ltd. was filed with the ROC on 31 Mar 2023.