Akp Ferrocast Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 10.53 Cr
- Company Age 17 Year, 9 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 nine 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiriyanna T  | Company Secretary | 02-Sep-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parag Bhandare | Whole-Time Director | 11-Jun-2007 | Current |
| Gautam Bhandare | Director | 10-Jun-2020 | Current |
| Ram Bhandare | Director | 11-Jun-2007 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Bemco Hydraulics LimitedParag Bhandare is a mutual person
A K P Foundries Private LimitedParag Bhandare, Ram Bhandare and 1 more are mutual person
- Pegasys Machines Private Limited
Parag Bhandare is a mutual person
- Belgaum Sands Private Limited
Ram Bhandare is a mutual person
- Belgaum Cnc Applications Private Limited
Ram Bhandare is a mutual person
- Integral Alpha Private Limited
Gautam Bhandare is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2018 | Axis Bank Limited | ₹19.50 Cr | Open |
| 29 Jul 2013 | Syndicate Bank | ₹22.77 Cr | Satisfied |
| 27 Mar 2012 | Small Industries Development Bank Of India | ₹14.99 Cr | Satisfied |
| 31 Jan 2011 | Nkgsb Cooperative Bank Ltd. | ₹8.00 Cr | Satisfied |
| 06 Jun 2008 | Axis Bank Limited | ₹19.95 Cr | Satisfied |
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.
Deals i
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
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.
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.
- Annual General Meeting
Akp Ferrocast Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Akp Ferrocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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 6 months .
- 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 9 months .
- Charges
A charge registered on 29 Jul 2013 via Charge ID 10448484 with Syndicate Bank was fully satisfied on 19 Nov 2018.
Frequently asked questions
What is the Incorporation or founding date of Akp Ferrocast Private Limited?
Akp Ferrocast Private Limited was incorporated on 11 Jun 2007.
What is authorized share capital and paid-up capital of Akp Ferrocast Private Limited?
The authorized share capital of Akp Ferrocast Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.53 Cr.
Who are the current board members & directors of Akp Ferrocast Private Limited?
Currently 4 directors are associated with Akp Ferrocast Private Limited.
- Parag Ram Bhandare
- Ram Balwant Bhandare
- Gautam Ram Bhandare
- Hiriyanna K T
What is the registered address of Akp Ferrocast Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akp Ferrocast Private Limited is 663 Waghavade Road Macche, India, Belgaum, Karnataka, 590014.
What is the corporate identification number (CIN) and company number of Akp Ferrocast Private Limited?
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).
What is the official website of Akp Ferrocast Private Limited?
The Official website of Akp Ferrocast Private Limited is https://www.akpferrocast.com
What has been the recent revenue trend for Akp Ferrocast Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Akp Ferrocast Private Limited has risen by 26.83%.
What change has been observed in the net worth of Akp Ferrocast Private Limited, and by what percentage?
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%.
What are the total open charges for Akp Ferrocast Private Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Akp Ferrocast Private Limited amount to ₹ 19.50 Cr.
When was the last Balance Sheet of Akp Ferrocast Private Limited filed with the ROC?
The most recent Balance Sheet for Akp Ferrocast Private Limited was filed with the ROC on 31 Mar 2024.