Akin Chemicals Profile
Key Indicators
- Authorised Capital ₹ 1.55 Cr
as on 18-09-2024
- Paid Up Capital ₹ 1.50 Cr
as on 18-09-2024
- Company Age 27 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 285.00 Cr
as on 18-09-2024
- Satisfied Charges ₹ 24.75 Cr
as on 18-09-2024
- Revenue 9.73%
(FY 2023)
- Profit -44.01%
(FY 2023)
- Ebitda -30.66%
(FY 2023)
- Net Worth 17.10%
(FY 2023)
- Total Assets 17.72%
(FY 2023)
About Akin Chemicals
The Company is engaged in the Chemicals And Materials 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 1.55 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹285.00 Cr. The company has closed loans amounting to ₹24.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dushyant Somani, Vishal Somani, and Rajesh Tapuriah serve as directors at the Company.
- CIN/LLPIN
U51496MH1997PTC109677
- Company No.
109677
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jul 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Akin Chemicals Private Limited offer?
Akin Chemicals Private Limited offers a wide range of products and services, including .
Who are the key members and board of directors at Akin Chemicals?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dushyant Somani  | Director | 21-Nov-2022 | Current |
| Vishal Somani | Director | 23-Apr-2003 | Current |
| Rajesh Tapuriah | Director | 01-Jul-1998 | Current |
Financial Performance of Akin Chemicals.
Akin Chemicals Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.73% increase. The company also saw a substantial fall in profitability, with a 44.01% decrease in profit. The company's net worth Soared by an impressive increase of 17.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Akin Chemicals?
In 2023, Akin Chemicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shyam Chemicals Pvt LtdActive 53 years 8 monthsDushyant Somani, Vishal Somani and 1 more are mutual person
- Ahmedabad Ice And Cold Storage Private LimitedActive 77 years 1 month
Vishal Somani and Rajesh Tapuriah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 03 Jun 2019 | ₹50.00 Cr | Open |
Standard Chartered Bank Creation Date: 19 Mar 2019 | ₹25.00 Cr | Open |
Others Creation Date: 16 Mar 2012 | ₹27.00 Cr | Open |
How Many Employees Work at Akin Chemicals?
Akin Chemicals has a workforce of 48 employees as of Sep 18, 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 Akin Chemicals, 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 Akin Chemicals'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.
