Akola Life Support Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 2.93 M
- Company Age 16 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.85 Cr
- Satisfied Charges ₹ 10.73 Cr
- Revenue Growth -19.16%
- Profit Growth -73.96%
- Ebitda -46.39%
- Net Worth -0.47%
- Total Assets 14.26%
About Akola Life Support
Akola Life Support Private Limited (ALSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 January 2009 and has a history of 16 years and one month. Its registered office is in Akola, Maharashtra, India.
The Company is engaged in the Pharma 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 6.00 M and a paid-up capital of Rs 2.93 M.
The company currently has active open charges totaling ₹14.85 Cr. The company has closed loans amounting to ₹10.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Avinash Telgote, Sanjay Bharati, Prashant Agrawal, and Nine other members serve as directors at the Company.
Company Details
- Location
Akola, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U85100MH2009PTC189392
- Company No.
189392
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Jan 2009
- Date of AGM
15 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Akola Life Support?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santosh Somani  | Managing Director | 18-Dec-2020 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Avinash Telgote | Director | 24-Sep-2022 | Current |
| Sanjay Bharati | Director | 30-Sep-2019 | Current |
| Prashant Agrawal | Director | 25-May-2024 | Current |
| Dipak More | Director | 24-Sep-2022 | Current |
| Rahul Deshmukh | Director | 25-May-2024 | Current |
| Shrikant Kale | Director | 24-Sep-2022 | Current |
Financial Performance of Akola Life Support.
Akola Life Support Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.16% decrease. The company also saw a substantial fall in profitability, with a 73.96% decrease in profit. The company's net worth dipped by a decrease of 0.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Akola Life Support?
In 2023, Akola Life Support 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)
Shree Gosanwardhan Krishi Private LimitedSantosh Somani is a mutual person
- Akola Farmer Producer Company Limited
Shrikant Kale is a mutual person
Charges (Loans)
₹148.50 M
₹107.26 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 14.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2023 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 18 May 2016 | Hdfc Bank Limited | ₹7.85 Cr | Open |
| 26 Jun 2014 | Siemens Financial Services Private Limited | ₹2.76 M | Satisfied |
| 14 Mar 2014 | Siemens Financial Services Private Limited | ₹3.00 Cr | Satisfied |
| 19 Jan 2011 | The Akola Janata Comm. Co-Op Bank Ltd. | ₹7.45 Cr | Satisfied |
How Many Employees Work at Akola Life Support?
Akola Life Support has a workforce of 132 employees as of Apr 05, 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 Akola Life Support, 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 Akola Life Support'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.
