Akolite Industrial Systems Private Limited

Manufactures plywood, pallets, and other wooden products since 2015 in Mangalore, Karnataka.

2015 | Dakshina Kannada, Karnataka (India) | Active
Last Updated:

Akolite Industrial Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 114.28%
  • Profit Growth 172.92%
  • Ebitda 184.17%
  • Net Worth 25.43%
  • Total Assets -3.01%

About Akolite Industrial Systems

Akolite Industrial Systems Private Limited (AISPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 January 2015 and has a history of Ten years and three months. Its registered office is in Dakshina Kannada, Karnataka, India.

The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mohammad Rafiq, Ahamed Haji, and Abdul Ebrahim serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20297KA2015PTC078223

  • Company No.

    078223

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Akolite Industrial Systems Private Limited offer?

Akolite Industrial Systems Private Limited offers a wide range of products and services, including Natural and Synthetic Resins, Resins, Computer Hardware & Network Support, Network Maintenance Services.

Company report

Akolite Industrial Systems Private Limited

Explore comprehensive data for Akolite Industrial Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Akolite Industrial Systems?

Executive Team (1)

NameDesignationAppointment DateStatus
Abdul Ebrahim Country flag representing In Managing Director12-Jan-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Mohammad Rafiq Country flag representing In Whole-Time Director 12-Jan-2015Current
Ahamed Haji Country flag representing In Whole-Time Director 12-Jan-2015Current

Financial Performance of Akolite Industrial Systems.

Akolite Industrial Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 114.28% increase. The company also saw a substantial improvement in profitability, with a 172.92% increase in profit. The company's net worth Soared by an impressive increase of 25.43%.

Akolite Industrial Systems revenue growth over time
Akolite Industrial Systems 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
114.28%
Revenue from Operations
118.08%
Total Assets
-3.01%
Profit or Loss
172.92%
Net Worth
25.43%
EBITDA
184.17%

What is the Ownership and Shareholding Structure of Akolite Industrial Systems?

In 2021, Akolite Industrial Systems 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Akolite Industrial Systems?

Akolite Industrial Systems has a workforce of 22 employees as of Apr 02, 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 Akolite Industrial Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akolite Industrial Systems, 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 Akolite Industrial Systems'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 Akolite Industrial Systems

Recent activity within the organization

  • Annual General Meeting

    Akolite Industrial Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akolite Industrial Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Mohammad Rafiq was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jan 2015 & has been associated with this company since 10 years 3 months .

  • Director Appointment

    Ahamed Saleem Mahamood Haji was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Jan 2015 & has been associated with this company since 10 years 3 months .

  • Director Appointment

    Abdul Razak Tanirbavi Ebrahim was appointed as a Managing Director was appointed as a Managing Director on 12 Jan 2015 & has been associated with this company since 10 years 3 months .

  • Company Incorporation

    Akolite Industrial Systems Private Limited was registered on 12 Jan 2015 with Roc Bangalore & aged 10 years 3 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Akolite Industrial Systems Private Limited?

    Akolite Industrial Systems Private Limited was incorporated on 12 Jan 2015.

  • What is authorized share capital and paid-up capital of Akolite Industrial Systems Private Limited?

    The authorized share capital of Akolite Industrial Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Akolite Industrial Systems Private Limited?

    Currently 3 directors are associated with Akolite Industrial Systems Private Limited.

    • Mohammad Rafiq
    • Ahamed Saleem Mahamood Haji
    • Abdul Razak Tanirbavi Ebrahim

  • What is the registered address of Akolite Industrial Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akolite Industrial Systems Private Limited is Plot No. 412 413 Baikampady Industrial Area India, Mangalore, Karnataka, 575011.

  • What is the corporate identification number (CIN) and company number of Akolite Industrial Systems Private Limited?

    The corporate identification number (CIN) of Akolite Industrial Systems Private Limited is U20297KA2015PTC078223 and the company number is 078223 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akolite Industrial Systems Private Limited?

    The Official website of Akolite Industrial Systems Private Limited is https://www.akolite.com

  • What has been the recent revenue trend for Akolite Industrial Systems Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Akolite Industrial Systems Private Limited has risen by 114.28%.

  • How many employees does Akolite Industrial Systems Private Limited currently have?

    As Per 2022 financial reports, 22 employees are currently employed by Akolite Industrial Systems Private Limited.

  • What change has been observed in the net worth of Akolite Industrial Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Akolite Industrial Systems Private Limited has experienced an upsurge of 25.43%.

  • When was the last Balance Sheet of Akolite Industrial Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Akolite Industrial Systems 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 Wood Products & MDF