Akay Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.01 M
- Company Age 95 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.25 Cr
- Revenue Growth -19.81%
- Profit Growth 140.73%
- Ebitda 43.42%
- Net Worth 15.88%
- Total Assets -6.96%
About Akay Industries
Akay Industries Private Limited (AIPL) was founded in India on 08 August 1929 and has a glorious history of 95 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 5.01 M.
The company currently has active open charges totaling ₹3.25 Cr.
Rameshchandra Lodaya and Malay Khimji 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
U74999MH1929PTC001515
- Company No.
001515
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Aug 1929
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Akay Industries Private Limited offer?
Akay Industries Private Limited offers a wide range of products and services, including Seals, Oil Seals & Industrial Seals, Bellow Seals, Pumps, Pumping Machines & Spares, Sewage Pump, Industrial Valves & Valve Fittings, Ball Valves, Metal Valve, Seals, Industrial Valves, Spring Seals.
Who are the key members and board of directors at Akay Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Malay Khimji  | Managing Director | 01-Feb-1990 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rameshchandra Lodaya | Additional Director | 17-Oct-2023 | Current |
Financial Performance of Akay Industries.
Akay Industries Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.81% decrease. The company also saw a substantial improvement in profitability, with a 140.73% increase in profit. The company's net worth Soared by an impressive increase of 15.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akay Industries?
In 2022, Akay Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹3.25 Cr
₹0
Charges Breakdown by Lending Institutions
- Vijaya Bank : 3.04 Cr
- State Bank Of India : 0.14 Cr
- Axis Bank Limited : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2024 | State Bank Of India | ₹1.40 M | Open |
| 26 Aug 2019 | Axis Bank Limited | ₹0.72 M | Open |
| 31 Jan 2014 | Vijaya Bank | ₹0.37 M | Open |
| 01 Oct 2004 | Vijaya Bank | ₹3.00 Cr | Open |
How Many Employees Work at Akay Industries?
Akay Industries has a workforce of 61 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 Akay Industries, 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 Industries'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.
