A.K.R. Finance Limited
Provides financial market administration services and specializes in hire purchase financing for moveable properties.
1987 | Chennai, Tamil Nadu (India) | Active
A.K.R. Finance Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.00 M
- Company Age 38 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.98 Cr
- Revenue Growth 2974.38%
- Profit Growth 104.25%
- Ebitda -198.78%
- Net Worth 0.80%
- Total Assets 1.57%
About A.K.R. Finance
A.K.R. Finance Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 19 January 1987 and has a history of 38 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹3.98 Cr.
Santhanakrishnan Abhiramapuram, Srinivasa Dixit, and Rajeshwari Saravanan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65191TN1987PLC013928
- Company No.
013928
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jan 1987
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
A.K.R. Finance Limited
Explore comprehensive data for A.K.R. Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at A.K.R. Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasa Dixit  | Director | 27-Nov-1990 | Current |
| Santhanakrishnan Abhiramapuram | Director | 27-Nov-1990 | Current |
| Rajeshwari Saravanan | Director | 01-Jun-2014 | Current |
Financial Performance of A.K.R. Finance.
A.K.R. Finance Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2974.38% increase. The company also saw a substantial improvement in profitability, with a 104.25% increase in profit. The company's net worth moved up by a moderate rise of 0.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of A.K.R. Finance?
In 2022, A.K.R. Finance had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Parampara Family Business InstituteSrinivasa Dixit is a mutual person
Ojas Fbc Private LimitedSrinivasa Dixit is a mutual person
Fabric Consultancy Services Private LimitedSrinivasa Dixit is a mutual person
- Slf Aromas Extracts Private Limited
Santhanakrishnan Abhiramapuram is a mutual person
- Aora India Private Limited
Santhanakrishnan Abhiramapuram is a mutual person
Charges (Loans)
Open Charges
₹39.82 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Indian Bank : 2.58 Cr
- Indian Overseas Bank : 1.15 Cr
- Rohini Private4 Ltd. : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Dec 1998 | Rohini Private4 Ltd. | ₹2.50 M | Open |
| 15 Feb 1993 | Indian Overseas Bank | ₹6.50 M | Open |
| 22 Jan 1993 | Indian Overseas Bank | ₹5.00 M | Open |
| 03 Jul 1991 | Indian Bank | ₹2.58 Cr | Open |
How Many Employees Work at A.K.R. Finance?
Unlock and access historical data on people associated with A.K.R. Finance, 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 A.K.R. Finance, 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 A.K.R. Finance'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 A.K.R. Finance
Recent activity within the organization
- Annual General Meeting
A.K.R. Finance Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Balance Sheet
A.K.R. Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Rajeshwari Saravanan was appointed as a Director was appointed as a Director on 01 Jun 2014 & has been associated with this company since 10 years 10 months .
- Charges
A charge with Rohini Private4 Ltd. amounted to Rs. 2.50 M with Charge ID 90322222 was registered on 03 Dec 1998.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 6.50 M with Charge ID 90316972 was registered on 15 Feb 1993.
- Charges
A charge with Indian Overseas Bank of Rs. 5.00 M registered on 22 Jan 1993 with Charge ID 90319862 was modified on 15 Feb 1993.
Frequently asked questions
What is the Incorporation or founding date of A.K.R. Finance Limited?
A.K.R. Finance Limited was incorporated on 19 Jan 1987.
What is authorized share capital and paid-up capital of A.K.R. Finance Limited?
The authorized share capital of A.K.R. Finance Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of A.K.R. Finance Limited?
Currently 3 directors are associated with A.K.R. Finance Limited.
- Santhanakrishnan Rajagopalan Abhiramapuram
- Srinivasa Dikshitar Tatwamasi Dixit
- Rajeshwari Saravanan
What is the registered address of A.K.R. Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of A.K.R. Finance Limited is Old No.99, New No.186 Royapettah High Road Mylapore India, Chennai, Tamil Nadu, 600004.
What is the corporate identification number (CIN) and company number of A.K.R. Finance Limited?
The corporate identification number (CIN) of A.K.R. Finance Limited is U65191TN1987PLC013928 and the company number is 013928 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for A.K.R. Finance Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for A.K.R. Finance Limited has risen by 2974.38%.
What change has been observed in the net worth of A.K.R. Finance Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of A.K.R. Finance Limited has experienced an upsurge of 0.80%.
What are the total open charges for A.K.R. Finance Limited?
As per the financial statements for fiscal Year 2022, The total open charges for A.K.R. Finance Limited amount to ₹ 3.98 Cr.
When was the last Balance Sheet of A.K.R. Finance Limited filed with the ROC?
The most recent Balance Sheet for A.K.R. Finance Limited was filed with the ROC on 31 Mar 2023.
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
People also Viewed
NS
Natarajan SivaramaDirectorNS
Nandakumar SundarramanDirectorSV
Subramanyam VenkatakrishnanAdditional Director
Similar Companies Based on Diversified Financial Services
Fidelity Business Services India Private Limited Bangaluru, Karnataka, India
Darashaw & Company Private Limited Mumbai, Maharashtra, India
Bharat Financial Inclusion Limited Mumbai, Maharashtra, India
Tipsons Financial Services Private Limited Ahmedabad, Gujarat, India- Tipsons Consultancy Services Private Limited Ahmedabad, Gujarat, India
Anmol Finsec Limited Ahmedabad, Gujarat, India
Micro Labs Limited Bangaluru, Karnataka, India