Akp Ferrocast Private Limited

Manufactures iron castings and machining for various industries, part of AKP Group.

2007 | Belgaum, Karnataka (India) | Active
Last Updated: January 03, 2025

Akp Ferrocast Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.53 Cr
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.50 Cr
  • Satisfied Charges ₹ 65.71 Cr
  • Revenue Growth 26.83%
  • Profit Growth -20.58%
  • Ebitda 22.45%
  • Net Worth 28.06%
  • Total Assets 21.65%

About Akp Ferrocast

Akp Ferrocast Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 2007 and has a history of 17 years and eight months. Its registered office is in Belgaum, 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 15.00 Cr and a paid-up capital of Rs 10.53 Cr.

The company currently has active open charges totaling ₹19.50 Cr. The company has closed loans amounting to ₹65.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Akp Ferrocast Private Limited India is Hiriyanna T as COMPANY SECRETARY. Parag Bhandare, Ram Bhandare, and Gautam Bhandare serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akpferrocast.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310KA2007PTC043084

  • Company No.

    043084

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Akp Ferrocast?

Executive Team (1)

NameDesignationAppointment DateStatus
Hiriyanna T Country flag representing In Company Secretary02-Sep-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Parag Bhandare Country flag representing In Whole-Time Director 11-Jun-2007Current
Gautam Bhandare Country flag representing In Director 10-Jun-2020Current
Ram Bhandare Country flag representing In Director 11-Jun-2007Current

Financial Performance of Akp Ferrocast.

Akp Ferrocast Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 26.83% increase. The company also saw a substantial fall in profitability, with a 20.58% decrease in profit. The company's net worth Soared by an impressive increase of 28.06%.

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
26.83%
Revenue from Operations
26.51%
Total Assets
21.65%
Profit or Loss
-20.58%
Net Worth
28.06%
EBITDA
22.45%

What is the Ownership and Shareholding Structure of Akp Ferrocast?

In 2021, Akp Ferrocast had a promoter holding of 6.99% and a public holding of 93.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.50 Cr

Satisfied Charges

₹65.71 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 19.50 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2018Axis Bank Limited₹19.50 CrOpen
29 Jul 2013Syndicate Bank₹22.77 CrSatisfied
27 Mar 2012Small Industries Development Bank Of India₹14.99 CrSatisfied
31 Jan 2011Nkgsb Cooperative Bank Ltd.₹8.00 CrSatisfied
06 Jun 2008Axis Bank Limited₹19.95 CrSatisfied

How Many Employees Work at Akp Ferrocast?

Unlock and access historical data on people associated with Akp Ferrocast, 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 Akp Ferrocast, 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 Akp Ferrocast'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 Akp Ferrocast

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 19.50 Cr registered on 30 Oct 2018 with Charge ID 100219640 was modified on 03 Dec 2024.

    03 Dec 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Akp Ferrocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Hiriyanna K T was appointed as a Company Secretary was appointed as a Company Secretary on 02 Sep 2022 & has been associated with this company since 2 years 5 months .

    02 Sep 2022

  • Director Appointment

    Gautam Ram Bhandare was appointed as a Director was appointed as a Director on 10 Jun 2020 & has been associated with this company since 4 years 8 months .

    10 Jun 2020

  • Charges

    A charge registered on 29 Jul 2013 via Charge ID 10448484 with Syndicate Bank was fully satisfied on 19 Nov 2018.

    19 Nov 2018

Frequently asked questions

  • Akp Ferrocast Private Limited was incorporated on 11 Jun 2007.

  • The authorized share capital of Akp Ferrocast Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.53 Cr.

  • Currently 4 directors are associated with Akp Ferrocast Private Limited.

    • Parag Ram Bhandare
    • Ram Balwant Bhandare
    • Gautam Ram Bhandare
    • Hiriyanna K T
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akp Ferrocast Private Limited is 663 Waghavade Road Macche, India, Belgaum, Karnataka, 590014.

  • The corporate identification number (CIN) of Akp Ferrocast Private Limited is U27310KA2007PTC043084 and the company number is 043084 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akp Ferrocast Private Limited is https://www.akpferrocast.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Akp Ferrocast Private Limited has risen by 26.83%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Akp Ferrocast Private Limited has experienced an upsurge of 28.06%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Akp Ferrocast Private Limited amount to ₹ 19.50 Cr.

  • The most recent Balance Sheet for Akp Ferrocast Private Limited was filed with the ROC on 31 Mar 2024.

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