Akr Express Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 26 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.50 Cr
- Satisfied Charges ₹ 16.51 Cr
- Revenue Growth 22.91%
- Profit Growth 49.17%
- Ebitda 46.16%
- Net Worth 20.46%
- Total Assets 20.33%
About Akr Express
Akr Express Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 1998 and has a history of 26 years and seven months. Its registered office is in Salem, Tamil Nadu, India.
The Corporate was formerly known as A K R Parcel Service Private Limited. The Company is engaged in the Transport And Logistics 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 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹6.50 Cr. The company has closed loans amounting to ₹16.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravikumar, Shanmugam Anjugam, and Ravikumar Arunkumar serve as directors at the Company.
Company Details
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Location
Salem, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U60231TZ1998PTC008453
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Company No.
008453
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jun 1998
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Akr Express?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravikumar
|
Managing Director | 19-Jun-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Shanmugam Anjugam
|
Whole-Time Director | 19-Jun-1998 | Current |
|
Ravikumar Arunkumar
|
Whole-Time Director | 01-Nov-2004 | Current |
Financial Performance of Akr Express.
Akr Express Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.91% increase. The company also saw a substantial improvement in profitability, with a 49.17% increase in profit. The company's net worth Soared by an impressive increase of 20.46%.
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What is the Ownership and Shareholding Structure of Akr Express?
In 2023, Akr Express had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹6.50 Cr
₹16.51 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.25 Cr
- The Lakshmi Vilas Bank Ltd.; : 0.16 Cr
- The Lakshmi Vilas Bank Ltd;. : 0.05 Cr
- Centurian Bank Limited : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Sep 2024 | Hdfc Bank Limited | ₹3.11 Cr | Open |
| 10 Sep 2024 | Hdfc Bank Limited | ₹4.72 M | Open |
| 28 Mar 2024 | Hdfc Bank Limited | ₹0.94 M | Open |
| 27 Mar 2024 | Hdfc Bank Limited | ₹3.91 M | Open |
| 13 Mar 2024 | Hdfc Bank Limited | ₹1.91 M | Open |
How Many Employees Work at Akr Express?
Akr Express has a workforce of 904 employees as of Apr 07, 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 Akr Express, 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 Akr Express'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.
