Akay Spices Private Limited

Produces and exports clean and sterilized whole/ground spices.

2012 | Kizhakkambalam, Kerala (India) | Active
Last Updated: June 18, 2024

Akay Spices Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 24.00 Cr
  • Company Age 12 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 41.72 Cr
  • Revenue Growth 3.26%
  • Profit Growth 67.90%
  • Ebitda 1.88%
  • Net Worth 95.32%
  • Total Assets 10.69%

About Akay Spices

Akay Spices Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 2012 and has a history of 12 years and three months. Its registered office is in Kizhakkambalam, Kerala, India.

The Company is engaged in the Food And Beverages 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 24.00 Cr and a paid-up capital of Rs 24.00 Cr.

The company has closed loans amounting to ₹41.72 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Akay Spices Private Limited India is Tharamel Dinil as COMPANY SECRETARY. Maliakel Poulose, Emmanuel Thomas, and Anandarajan Shibu serve as directors at the Company.

Company Details

  • Location

    Kizhakkambalam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15495KL2012PTC032448

  • Company No.

    032448

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Food and Beverages

What products or services does Akay Spices Private Limited offer?

Akay Spices Private Limited offers a wide range of products and services, including Ladies Suits, Fashion Salwar Kameez, Cooking Spices and Masala, Seasonings, Masala Mix, Sabji Masala, Whole Spices, Dry Ginger, MDH Cooking Masala, Bakery Ingredients.

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

Executive Team (1)

Name Designation Appointment Date Status
Tharamel Dinil Company Secretary 20-Mar-2019 Current

Board Members (3)

Name Designation Appointment Date Status
Emmanuel Thomas Country flag representing In Director 21-Jul-2020 Current
Maliakel Poulose Country flag representing In Director 19-Oct-2012 Current
Anandarajan Shibu Country flag representing In Director 06-May-2020 Current

Financial Performance of Akay Spices.

Akay Spices Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.26% increase. The company also saw a substantial improvement in profitability, with a 67.9% increase in profit. The company's net worth Soared by an impressive increase of 95.32%.

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
3.26%
Revenue from Operations
2.23%
Total Assets
10.69%
Profit or Loss
67.90%
Net Worth
95.32%
EBITDA
1.88%

What is the Ownership and Shareholding Structure of Akay Spices?

In 2022, Akay Spices 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

₹0

Satisfied Charges

₹41.72 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 18.72 Cr
  • Hdfc Bank Limited : 18.00 Cr
  • State Bank Of India : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Feb 2021 Hdfc Bank Limited ₹18.00 Cr Satisfied
20 Feb 2014 State Bank Of India ₹5.00 Cr Satisfied
31 Jul 2013 State Bank Of Travancore ₹18.72 Cr Satisfied

How Many Employees Work at Akay Spices?

Akay Spices has a workforce of 63 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akay Spices, 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 Spices'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 Spices

Recent activity within the organization

  • Annual General Meeting

    Akay Spices Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 20 Feb 2014 via Charge ID 10494445 with State Bank Of India was fully satisfied on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge registered on 22 Feb 2021 via Charge ID 100426849 with Hdfc Bank Limited was fully satisfied on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.00 Cr registered on 22 Feb 2021 with Charge ID 100426849 was modified on 25 Jun 2021.

    25 Jun 2021

  • Charges

    A charge with State Bank Of India of Rs. 5.00 Cr registered on 20 Feb 2014 with Charge ID 10494445 was modified on 06 Mar 2021.

    06 Mar 2021

Frequently asked questions

  • Akay Spices Private Limited was incorporated on 19 Oct 2012.

  • The authorized share capital of Akay Spices Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 24.00 Cr.

  • Currently 4 directors are associated with Akay Spices Private Limited.

    • Maliakel Balu Poulose
    • Tharamel Balakrishnan Dinil
    • Emmanuel Nambusseril Thomas
    • Anandarajan Shibu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akay Spices Private Limited is No. V/ 315 A Ambunadu Malaidamthuruth P O, Kizhakkambalam, Kerala, India, 683561.

  • The corporate identification number (CIN) of Akay Spices Private Limited is U15495KL2012PTC032448 and the company number is 032448 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akay Spices Private Limited is https://www.akay-group.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akay Spices Private Limited has risen by 3.26%.

  • As Per 2023 financial reports, 63 employees are currently employed by Akay Spices Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akay Spices Private Limited has experienced an upsurge of 95.32%.

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

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