Akay Valves Private Limited

Manufactures and distributes various types of valves and pumps.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Akay Valves Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.39 M
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Satisfied Charges ₹ 2.45 Cr
  • Revenue Growth %
  • Profit Growth 24.50%
  • Ebitda 24.50%
  • Net Worth -0.01%
  • Total Assets %

About Akay Valves

Akay Valves Private Limited (AVPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 July 1992 and has a history of 32 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Akay Valves Limited. 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 7.39 M.

The company currently has active open charges totaling ₹1.00 M. The company has closed loans amounting to ₹2.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Uday Khimji and Malay Khimji serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akayind.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29150MH1992PTC067830

  • Company No.

    067830

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jul 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

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

Board Members (2)

Name Designation Appointment Date Status
Uday Khimji Country flag representing In Director 22-Jul-1992 Current
Malay Khimji Country flag representing In Director 22-Jul-1992 Current

Financial Performance of Akay Valves.

Akay Valves Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 24.5% increase in profit. The company's net worth dipped by a decrease of 0.01%.

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
Revenue from Operations
Total Assets
Profit or Loss
24.50%
Net Worth
-0.01%
EBITDA
24.50%

What is the Ownership and Shareholding Structure of Akay Valves?

In 2023, Akay Valves had a promoter holding of 79.89% and a public holding of 20.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.10 Cr

Satisfied Charges

₹2.45 Cr

Charges Breakdown by Lending Institutions

  • Co-Operation Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 1994 Co-Operation Bank ₹1.00 M Open
28 Apr 1995 State3 Bank Of India ₹1.25 Cr Satisfied
01 Mar 1995 Karnatka State Financial Corp. ₹1.20 Cr Satisfied

How Many Employees Work at Akay Valves?

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

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge registered on 01 Mar 1995 via Charge ID 90163106 with Karnatka State Financial Corp. was fully satisfied on 27 Feb 2004.

    27 Feb 2004

  • Charges

    A charge registered on 28 Apr 1995 via Charge ID 90163154 with State3 Bank Of India was fully satisfied on 06 Jul 2002.

    06 Jul 2002

  • Charges

    A charge with State3 Bank Of India amounted to Rs. 1.25 Cr with Charge ID 90163154 was registered on 28 Apr 1995.

    28 Apr 1995

  • Charges

    A charge with Karnatka State Financial Corp. amounted to Rs. 1.20 Cr with Charge ID 90163106 was registered on 01 Mar 1995.

    01 Mar 1995

Frequently asked questions

  • Akay Valves Private Limited was incorporated on 22 Jul 1992.

  • The authorized share capital of Akay Valves Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.39 M.

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

    • Uday Bhanji Khimji
    • Malay Mahendra Khimji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akay Valves Private Limited is 22A-Film Center68 Tardeo Road India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Akay Valves Private Limited is U29150MH1992PTC067830 and the company number is 067830 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akay Valves Private Limited is https://www.akayind.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akay Valves Private Limited has experienced an downturn of -0.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akay Valves Private Limited amount to ₹ 1.00 M.

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

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