Aker Powergas Private Limited

Provides engineering consultancy services for chemical and petrochemical production and processing.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated:

Aker Powergas Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 52 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 76.00 Cr
  • Satisfied Charges ₹ 101.00 Cr
  • Revenue Growth 25.10%
  • Profit Growth -16.90%
  • Ebitda 20.71%
  • Net Worth -14.96%
  • Total Assets -10.92%

About Aker Powergas

Aker Powergas Private Limited (APPL) was founded in India on 17 January 1973 and has a glorious history of 52 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kvaerner Powergas Private Limited. The Company is engaged in the Engineering 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 7.50 M and a paid-up capital of Rs 1.60 M.

The company currently has active open charges totaling ₹76.00 Cr. The company has closed loans amounting to ₹101.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Henning Ostvig, Dilip Gada, Olav Hoidalen, and Two other members 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

    U74210MH1973PTC016253

  • Company No.

    016253

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1973

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering
Company report

Aker Powergas Private Limited

Explore comprehensive data for Aker Powergas Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aker Powergas?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Joshi Country flag representing In Managing Director26-Sep-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Olav Hoidalen Country flag representing No Director 29-May-2017Current
Henning Ostvig Country flag representing No Nominee Director 09-Dec-2009Current
Dilip Gada Country flag representing In Director 02-Dec-2021Current
Henrik Inadomi Country flag representing No Director 15-Apr-2024Current

Financial Performance of Aker Powergas.

Aker Powergas Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.1% increase. The company also saw a substantial fall in profitability, with a 16.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.96%.

Aker Powergas revenue growth over time
Aker Powergas 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
25.10%
Revenue from Operations
30.22%
Total Assets
-10.92%
Profit or Loss
-16.90%
Net Worth
-14.96%
EBITDA
20.71%

What is the Ownership and Shareholding Structure of Aker Powergas?

In 2022, Aker Powergas 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

₹760.00 M

Satisfied Charges

₹1,010.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 66.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jun 2022Others₹10.00 CrOpen
03 Oct 1997Standard Chartered Bank₹66.00 CrOpen
13 Mar 2008Housing Development Finance Corporation Limited₹100.00 CrSatisfied
28 Mar 1989Rhine Valley Leasing & Finance Ltd.₹1.00 CrSatisfied

How Many Employees Work at Aker Powergas?

Aker Powergas has a workforce of 1050 employees as of Apr 03, 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.

Employee growth trends for Aker Powergas Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aker Powergas, 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 Aker Powergas'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 Aker Powergas

Recent activity within the organization

  • Annual General Meeting

    Aker Powergas Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

  • Director Appointment

    Henrik Makoto Inadomi was appointed as a Director was appointed as a Director on 15 Apr 2024 & has been associated with this company since 1 year 24 days .

  • Balance Sheet

    Aker Powergas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 100.00 M registered on 15 Jun 2022 with Charge ID 100590524 was modified on 16 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100590524 was registered on 15 Jun 2022.

  • Director Appointment

    Dilip Nemchand Gada was appointed as a Director was appointed as a Director on 02 Dec 2021 & has been associated with this company since 3 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Aker Powergas Private Limited?

    Aker Powergas Private Limited was incorporated on 17 Jan 1973.

  • What is authorized share capital and paid-up capital of Aker Powergas Private Limited?

    The authorized share capital of Aker Powergas Private Limited is ₹ 7.50 M and paid-up capital is ₹ 1.60 M.

  • Who are the current board members & directors of Aker Powergas Private Limited?

    Currently 5 directors are associated with Aker Powergas Private Limited.

    • Henning Ostvig
    • Dilip Nemchand Gada
    • Olav Hoidalen
    • Rajesh Prabhakar Joshi
    • Henrik Makoto Inadomi

  • What is the registered address of Aker Powergas Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aker Powergas Private Limited is Powergas House I-Think Tehno Campus Village Kanjur Taluka Kurla, Kanjurmarg (East) India, Mumbai, Maharashtra, 400042.

  • What is the corporate identification number (CIN) and company number of Aker Powergas Private Limited?

    The corporate identification number (CIN) of Aker Powergas Private Limited is U74210MH1973PTC016253 and the company number is 016253 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aker Powergas Private Limited?

    The Official website of Aker Powergas Private Limited is https://www.akersolutions.com

  • What has been the recent revenue trend for Aker Powergas Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aker Powergas Private Limited has risen by 25.10%.

  • How many employees does Aker Powergas Private Limited currently have?

    As Per 2023 financial reports, 1050 employees are currently employed by Aker Powergas Private Limited.

  • What change has been observed in the net worth of Aker Powergas Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aker Powergas Private Limited has experienced an downturn of -14.96%.

  • What are the total open charges for Aker Powergas Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aker Powergas Private Limited amount to ₹ 76.00 Cr.

  • When was the last Balance Sheet of Aker Powergas Private Limited filed with the ROC?

    The most recent Balance Sheet for Aker Powergas Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Engineering Design & Consultancy