Akay Fasteners Private Limited

Manufactures and supplies industrial fasteners, including screws, bolts, and set screws, for various clients.

2016 | Kolkata, West Bengal (India) | Active
Last Updated: June 16, 2024

Akay Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.27 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.63 Cr
  • Revenue Growth 56.69%
  • Profit Growth -66.82%
  • Ebitda 82.77%
  • Net Worth 5.58%
  • Total Assets 9.29%

About Akay Fasteners

Akay Fasteners Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 September 2016 (Eight years and four months 27 days old ). Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Engineering 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 7.50 M and a paid-up capital of Rs 6.27 M.

The company currently has active open charges totaling ₹2.63 Cr.

Tanvi Agarwal and Govind Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akayfasteners.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28999WB2016PTC217698

  • Company No.

    217698

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 2016

  • Date of AGM

    19 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Engineering

Who are the key members and board of directors at Akay Fasteners?

Board Members (2)

Name Designation Appointment Date Status
Tanvi Agarwal Country flag representing In Whole-Time Director 21-Sep-2016 Current
Govind Agarwal Country flag representing In Whole-Time Director 21-Sep-2016 Current

Financial Performance of Akay Fasteners.

Akay Fasteners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.69% increase. The company also saw a substantial fall in profitability, with a 66.82% decrease in profit. The company's net worth moved up by a moderate rise of 5.58%.

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
56.69%
Revenue from Operations
59.25%
Total Assets
9.29%
Profit or Loss
-66.82%
Net Worth
5.58%
EBITDA
82.77%

What is the Ownership and Shareholding Structure of Akay Fasteners?

In 2023, Akay Fasteners 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

₹26.26 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.63 Cr

Latest Charge Details

Date Lender Amount Status
01 Nov 2021 Canara Bank ₹1.00 M Open
27 Oct 2021 Canara Bank ₹3.23 M Open
08 Apr 2021 Canara Bank ₹1.18 M Open
19 Jul 2017 Canara Bank ₹2.09 Cr Open

How Many Employees Work at Akay Fasteners?

Unlock and access historical data on people associated with Akay Fasteners, 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 Akay Fasteners, 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 Akay Fasteners'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 Akay Fasteners

Recent activity within the organization

  • Annual General Meeting

    Akay Fasteners Private Limited last Annual general meeting of members was held on 19 Aug 2023 as per latest MCA records.

    19 Aug 2023

  • Balance Sheet

    Akay Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 20.85 M registered on 19 Jul 2017 with Charge ID 100116228 was modified on 29 Dec 2022.

    29 Dec 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 1.00 M with Charge ID 100525189 was registered on 01 Nov 2021.

    01 Nov 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 3.23 M with Charge ID 100523674 was registered on 27 Oct 2021.

    27 Oct 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 1.18 M with Charge ID 100436787 was registered on 08 Apr 2021.

    08 Apr 2021

Frequently asked questions

  • Akay Fasteners Private Limited was incorporated on 21 Sep 2016.

  • The authorized share capital of Akay Fasteners Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.27 M.

  • Currently 2 directors are associated with Akay Fasteners Private Limited.

    • Tanvi Agarwal
    • Govind Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akay Fasteners Private Limited is 2Nd Floor Room No.230 Marshall House 33/1 Netaji Subhas Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Akay Fasteners Private Limited is U28999WB2016PTC217698 and the company number is 217698 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akay Fasteners Private Limited is https://www.akayfasteners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akay Fasteners Private Limited has risen by 56.69%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akay Fasteners Private Limited has experienced an upsurge of 5.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akay Fasteners Private Limited amount to ₹ 2.63 Cr.

  • The most recent Balance Sheet for Akay Fasteners Private Limited was filed with the ROC on 31 Mar 2023.