Akb Industries Limited

Manufacturer of automotive parts for various vehicle brands, established in 1994.

1994 | Delhi (India) | Active
Last Updated: December 21, 2024

Akb Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.81 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth -26.34%
  • Profit Growth -625.41%
  • Ebitda -15.91%
  • Net Worth -19.81%
  • Total Assets -19.42%

About Akb Industries

Akb Industries Limited (AIL) is a Public Limited Indian Non-Government Company incorporated in India on 19 October 1994 and has a history of 30 years and three months. Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 6.81 M.

The company has closed loans amounting to ₹2.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Arun Bajaj, Shreyansh Bajaj, Tushar Chamaria, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1994PLC062231

  • Company No.

    062231

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Akb Industries Limited offer?

Akb Industries Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Hydraulic Jacks, Brakes & Braking Systems, Tractor Brake Part, Truck Brake Parts, Clutch, Clutch Parts & Accessories, Commercial Vehicle Clutch Parts, Steering Parts & Components, Power Steering Parts.

Who are the key members and board of directors at Akb Industries?

Board Members (4)

Name Designation Appointment Date Status
Shreyansh Bajaj Country flag representing In Director 04-Sep-2017 Current
Arun Bajaj Country flag representing In Director 26-Sep-1999 Current
Tushar Chamaria Country flag representing In Director 25-Aug-2006 Current
Ranjana Bajaj Country flag representing In Director 31-May-2000 Current

Financial Performance of Akb Industries.

Akb Industries Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 26.34% decrease. The company also saw a substantial fall in profitability, with a 625.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.81%.

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
-26.34%
Revenue from Operations
-26.79%
Total Assets
-19.42%
Profit or Loss
-625.41%
Net Worth
-19.81%
EBITDA
-15.91%

What is the Ownership and Shareholding Structure of Akb Industries?

In 2019, Akb Industries had a promoter holding of 99.96% and a public holding of 0.04%. 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

₹2.50 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 1.50 Cr
  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2020 Hdfc Bank Limited ₹1.00 Cr Satisfied
12 Aug 2010 Standard Chartered Bank ₹1.50 Cr Satisfied

How Many Employees Work at Akb Industries?

Akb Industries has a workforce of 1 employees as of Mar 31, 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 Akb 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 Akb Industries'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 Akb Industries

Recent activity within the organization

  • Annual General Meeting

    Akb Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 31 Jan 2020 via Charge ID 100349444 with Hdfc Bank Limited was fully satisfied on 28 Aug 2024.

    28 Aug 2024

  • Balance Sheet

    Akb Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 12 Aug 2010 via Charge ID 10233597 with Standard Chartered Bank was fully satisfied on 17 Jun 2020.

    17 Jun 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100349444 was registered on 31 Jan 2020.

    31 Jan 2020

  • Director Appointment

    Shreyansh Bajaj was appointed as a Director was appointed as a Director on 04 Sep 2017 & has been associated with this company since 7 years 4 months .

    04 Sep 2017

Frequently asked questions

  • Akb Industries Limited was incorporated on 19 Oct 1994.

  • The authorized share capital of Akb Industries Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.81 M.

  • Currently 4 directors are associated with Akb Industries Limited.

    • Arun Kumar Bajaj
    • Shreyansh Bajaj
    • Tushar Chamaria
    • Ranjana Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akb Industries Limited is A-116 Ground Floor Bhagvan Shri Building East Portion Group Industrial Area, Waz Irpur India, New Delhi, 110052.

  • The corporate identification number (CIN) of Akb Industries Limited is U74899DL1994PLC062231 and the company number is 062231 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akb Industries Limited is https://www.akbindustries.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Akb Industries Limited has fallen by -26.34%.

  • As Per 2020 financial reports, 1 employees are currently employed by Akb Industries Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Akb Industries Limited has experienced an downturn of -19.81%.

  • The most recent Balance Sheet for Akb Industries Limited was filed with the ROC on 31 Mar 2024.

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