Akola Life Support Private Limited

Provides hospital services and trades pharmaceuticals since 2009 in Maharashtra.

2009 | Akola, Maharashtra (India) | Active
Last Updated:

Akola Life Support Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 2.93 M
  • Company Age 16 Year, 4 Months
  • 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 four months. 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

Pharma
Healthcare
Company report

Akola Life Support Private Limited

Explore comprehensive data for Akola Life Support Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Akola Life Support?

Executive Team (1)

NameDesignationAppointment DateStatus
Santosh Somani Country flag representing In Managing Director18-Dec-2020Current

Board Members (11)

NameDesignationAppointment DateStatus
Avinash Telgote Country flag representing In Director 24-Sep-2022Current
Sanjay Bharati Country flag representing In Director 30-Sep-2019Current
Prashant Agrawal Country flag representing In Director 25-May-2024Current
Dipak More Country flag representing In Director 24-Sep-2022Current
Rahul Deshmukh Country flag representing In Director 25-May-2024Current
Shrikant Kale Country flag representing In Director 24-Sep-2022Current

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%.

Akola Life Support revenue growth over time
Akola Life Support 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
-19.16%
Revenue from Operations
-19.13%
Total Assets
14.26%
Profit or Loss
-73.96%
Net Worth
-0.47%
EBITDA
-46.39%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹148.50 M

Satisfied Charges

₹107.26 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 14.85 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2023Hdfc Bank Limited₹7.00 CrOpen
18 May 2016Hdfc Bank Limited₹7.85 CrOpen
26 Jun 2014Siemens Financial Services Private Limited₹2.76 MSatisfied
14 Mar 2014Siemens Financial Services Private Limited₹3.00 CrSatisfied
19 Jan 2011The Akola Janata Comm. Co-Op Bank Ltd.₹7.45 CrSatisfied

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.

Employee growth trends for Akola Life Support Private Limited

Deals i

Graph showing company valuation over time

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

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 Akola Life Support

Recent activity within the organization

  • Annual General Meeting

    Akola Life Support Private Limited last Annual general meeting of members was held on 15 Sep 2024 as per latest MCA records.

  • Director Appointment

    Prashant Mannalal Agrawal was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 11 months 20 days .

  • Director Appointment

    Rahul Gulabrao Deshmukh was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 11 months 20 days .

  • Director Appointment

    Jayraj Santoshkumar Korpe was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 11 months 20 days .

  • Balance Sheet

    Akola Life Support Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 70.00 M with Charge ID 100731644 was registered on 24 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Akola Life Support Private Limited?

    Akola Life Support Private Limited was incorporated on 06 Jan 2009.

  • What is authorized share capital and paid-up capital of Akola Life Support Private Limited?

    The authorized share capital of Akola Life Support Private Limited is ₹ 6.00 M and paid-up capital is ₹ 2.93 M.

  • Who are the current board members & directors of Akola Life Support Private Limited?

    Currently 12 directors are associated with Akola Life Support Private Limited.

    • Avinash Vishwanath Telgote
    • Sanjay Vijay Bharati
    • Prashant Mannalal Agrawal
    • Santosh Vijaykumar Somani
    • Dipak Tulshiram More
    • Rahul Gulabrao Deshmukh
    • Shrikant Onkar Kale
    • Rajesh Vinayakrao Kate
    • Krishnakumar Ramakant Agrawal
    • Satish Udaybhanu Padghan
    • Madhusudan Shyamlal Bagdia
    • Jayraj Santoshkumar Korpe

  • What is the registered address of Akola Life Support Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akola Life Support Private Limited is Icon Hospital Near Holycross Convent, Kedia Plot India, Akola, Maharashtra, 444001.

  • What is the corporate identification number (CIN) and company number of Akola Life Support Private Limited?

    The corporate identification number (CIN) of Akola Life Support Private Limited is U85100MH2009PTC189392 and the company number is 189392 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akola Life Support Private Limited?

    The Official website of Akola Life Support Private Limited is https://www.iconhospitalakola.com

  • What has been the recent revenue trend for Akola Life Support Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akola Life Support Private Limited has fallen by -19.16%.

  • How many employees does Akola Life Support Private Limited currently have?

    As Per 2023 financial reports, 132 employees are currently employed by Akola Life Support Private Limited.

  • What change has been observed in the net worth of Akola Life Support Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Akola Life Support Private Limited has experienced an downturn of -0.47%.

  • What are the total open charges for Akola Life Support Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akola Life Support Private Limited amount to ₹ 14.85 Cr.

  • When was the last Balance Sheet of Akola Life Support Private Limited filed with the ROC?

    The most recent Balance Sheet for Akola Life Support Private Limited was filed with the ROC on 31 Mar 2024.

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