Akka Luxury Brand Distribution Private Limited

Luxury brand distribution company trading watches and sunglasses since 2001 in New Delhi.

2001 | Delhi (India) | Active
Last Updated: October 24, 2024

Akka Luxury Brand Distribution Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.18 Cr
  • Satisfied Charges ₹ 1.10 Cr
  • Revenue Growth 176.12%
  • Profit Growth 214.41%
  • Ebitda 1939.83%
  • Net Worth 192.98%
  • Total Assets 1415.59%

About Akka Luxury Brand Distribution

Akka Luxury Brand Distribution Private Limited (ALBDPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 2001 and has a history of 24 years and one month. Its registered office is in Delhi, India.

The Corporate was formerly known as Mak Luxury Watch Private Limited. The Company is engaged in the Consumer Goods 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 5.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹1.18 Cr. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kavya Malhotra and Arun Malhotra serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200DL2001PTC109115

  • Company No.

    109115

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

Who are the key members and board of directors at Akka Luxury Brand Distribution?

Board Members (2)

Name Designation Appointment Date Status
Kavya Malhotra Country flag representing In Additional Director 04-Jul-2024 Current
Arun Malhotra Country flag representing In Additional Director 04-Jul-2024 Current

Financial Performance of Akka Luxury Brand Distribution.

Akka Luxury Brand Distribution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 176.12% increase. The company also saw a substantial improvement in profitability, with a 214.41% increase in profit. The company's net worth Soared by an impressive increase of 192.98%.

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
176.12%
Revenue from Operations
182.93%
Total Assets
1415.59%
Profit or Loss
214.41%
Net Worth
192.98%
EBITDA
1939.83%

What is the Ownership and Shareholding Structure of Akka Luxury Brand Distribution?

In 2023, Akka Luxury Brand Distribution 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

₹11.81 M

Satisfied Charges

₹11.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr
  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
26 Jun 2024 Others ₹1.00 Cr Open
23 Oct 2023 Hdfc Bank Limited ₹1.81 M Open
30 Aug 2010 Bank Of India ₹8.00 M Satisfied
21 Jun 2006 Bank Of India ₹1.50 M Satisfied
21 Jun 2006 Bank Of India ₹1.50 M Satisfied

How Many Employees Work at Akka Luxury Brand Distribution?

Unlock and access historical data on people associated with Akka Luxury Brand Distribution, 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 Akka Luxury Brand Distribution, 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 Akka Luxury Brand Distribution'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 Akka Luxury Brand Distribution

Recent activity within the organization

  • Director Appointment

    Kavya Malhotra was appointed as a Additional Director was appointed as a Additional Director on 04 Jul 2024 & has been associated with this company since 7 months 7 days .

    04 Jul 2024

  • Director Appointment

    Arun Malhotra was appointed as a Additional Director was appointed as a Additional Director on 04 Jul 2024 & has been associated with this company since 7 months 7 days .

    04 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100939389 was registered on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.81 M with Charge ID 100832738 was registered on 23 Oct 2023.

    23 Oct 2023

  • Annual General Meeting

    Akka Luxury Brand Distribution Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akka Luxury Brand Distribution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Akka Luxury Brand Distribution Private Limited was incorporated on 08 Jan 2001.

  • The authorized share capital of Akka Luxury Brand Distribution Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Akka Luxury Brand Distribution Private Limited.

    • Kavya Malhotra
    • Arun Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akka Luxury Brand Distribution Private Limited is Unit No.731 7Th Floor Dlf Prime Tower, Okhla Phase -1 India, New Delhi, 110020.

  • The corporate identification number (CIN) of Akka Luxury Brand Distribution Private Limited is U72200DL2001PTC109115 and the company number is 109115 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akka Luxury Brand Distribution Private Limited is https://www.akkabrands.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akka Luxury Brand Distribution Private Limited has risen by 176.12%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akka Luxury Brand Distribution Private Limited has experienced an upsurge of 192.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akka Luxury Brand Distribution Private Limited amount to ₹ 1.18 Cr.

  • The most recent Balance Sheet for Akka Luxury Brand Distribution Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Sports Equipment Retail & Distribution