Akay Foundations Private Limited
Construction company established in 1999, based in Tamil Nadu.
1999 | Chennai - 600 006., Tamil Nadu (India) | Active
Akay Foundations Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.23 Cr
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -92.57%
- Profit Growth -288.09%
- Ebitda -258.33%
- Net Worth -4.14%
- Total Assets -20.79%
About Akay Foundations
Akay Foundations Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 August 1999 and has a history of 25 years and seven months. Its registered office is in Chennai - 600 006., Tamil Nadu.
The Company is engaged in the Real Estate And Construction 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 1.50 Cr and a paid-up capital of Rs 1.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Cader Usaid and Mohammed Mahmood serve as directors at the Company.
Company Details
- Location Chennai - 600 006., Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101TN1999PTC042999
- Company No.
042999
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Aug 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Real Estate and Construction
Who are the key members and board of directors at Akay Foundations?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Cader Usaid  | Additional Director | 01-Sep-2023 | Current |
| Mohammed Mahmood | Additional Director | 04-Jan-2019 | Current |
Financial Performance of Akay Foundations.
Akay Foundations Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 92.57% decrease. The company also saw a substantial fall in profitability, with a 288.09% decrease in profit. The company's net worth dipped by a decrease of 4.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Akay Foundations?
In 2022, Akay Foundations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Alpha Star Trading Private Limited.Cader Usaid and Mohammed Mahmood are mutual person
- Prime Refrigeration Private Limited
Cader Usaid and Mohammed Mahmood are mutual person
- Primetech Holdings Private Limited
Mohammed Mahmood is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Akay Foundations?
Unlock and access historical data on people associated with Akay Foundations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akay Foundations, 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 Foundations'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.
Latest Updates, News, and FAQs on Akay Foundations
Recent activity within the organization
- Annual General Meeting
Akay Foundations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Akay Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Cader Ahmed Usaid was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Mohammed Mahmood was appointed as a Additional Director was appointed as a Additional Director on 04 Jan 2019 & has been associated with this company since 6 years 2 months .
- Company Incorporation
Akay Foundations Private Limited was registered on 11 Aug 1999 with Roc Chennai & aged 25 years 7 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Akay Foundations Private Limited?
Akay Foundations Private Limited was incorporated on 11 Aug 1999.
What is authorized share capital and paid-up capital of Akay Foundations Private Limited?
The authorized share capital of Akay Foundations Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.23 Cr.
Who are the current board members & directors of Akay Foundations Private Limited?
Currently 2 directors are associated with Akay Foundations Private Limited.
- Cader Ahmed Usaid
- Mohammed Mahmood
What is the registered address of Akay Foundations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akay Foundations Private Limited is No.5 Moores Roadno.5, Road India, Chennai - 600 006., Tamil Nadu.
What is the corporate identification number (CIN) and company number of Akay Foundations Private Limited?
The corporate identification number (CIN) of Akay Foundations Private Limited is U70101TN1999PTC042999 and the company number is 042999 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Akay Foundations Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Akay Foundations Private Limited has fallen by -92.57%.
What change has been observed in the net worth of Akay Foundations Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Akay Foundations Private Limited has experienced an downturn of -4.14%.
When was the last Balance Sheet of Akay Foundations Private Limited filed with the ROC?
The most recent Balance Sheet for Akay Foundations Private Limited was filed with the ROC on 31 Mar 2024.
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