Akr Industries Profile
Key Indicators
- Authorised Capital ₹ 9.89 Cr
- Paid Up Capital ₹ 9.89 Cr
- Company Age 6 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 208.09 Cr
- Satisfied Charges ₹ 114.45 Cr
- Revenue Growth -26.03%
- Profit Growth -81.03%
- Ebitda -145.46%
- Net Worth 1.16%
- Total Assets -19.53%
About Akr Industries
Akr Industries Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 2019 (Six years 7 days old ). Its registered office is in Coimbatore, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 9.89 Cr and a paid-up capital of Rs 9.89 Cr.
The company currently has active open charges totaling ₹208.09 Cr. The company has closed loans amounting to ₹114.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kalimuthu Loganathan and Chinnaraj Anbarasu serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17299TZ2019PTC031755
- Company No.
031755
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Feb 2019
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Akr Industries Private Limited offer?
Akr Industries Private Limited offers a wide range of products and services, including Men Shirts, Jeans & Clothing, Men T-Shirts, Sports Wear & Athletic Accessories, Sports Pant, Ladies Dresses, Apparels & Clothings, Ladies Shirts, Winter Wear & Accessories, Sweatshirts, Ladies T-Shirts, Men Shorts.
Who are the key members and board of directors at Akr Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kalimuthu Loganathan  | Director | 26-Feb-2019 | Current |
| Chinnaraj Anbarasu | Director | 06-Jun-2022 | Current |
Financial Performance of Akr Industries.
Akr Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.03% decrease. The company also saw a substantial fall in profitability, with a 81.03% decrease in profit. The company's net worth moved up by a moderate rise of 1.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akr Industries?
In 2023, Akr Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Kalimuthu Loganathan and Chinnaraj Anbarasu are mutual person
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Kalimuthu Loganathan is a mutual person
Charges (Loans)
Open Charges
₹208.09 Cr
Satisfied Charges
₹114.45 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 134.00 Cr
- State Bank Of India : 52.08 Cr
- Others : 22.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2024 | Others | ₹1.20 Cr | Open |
| 20 Oct 2023 | Others | ₹17.00 Cr | Open |
| 05 Jun 2023 | Hdfc Bank Limited | ₹25.12 Cr | Open |
| 27 Mar 2023 | Others | ₹3.00 Cr | Open |
| 30 Nov 2021 | State Bank Of India | ₹5.10 Cr | Open |
How Many Employees Work at Akr Industries?
Akr Industries has a workforce of 2474 employees as of Apr 09, 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 Industries, 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 Industries'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 Akr Industries
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100972989 was registered on 28 Jun 2024.
- Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100815312 was registered on 20 Oct 2023.
- Annual General Meeting
Akr Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 88.68 Cr registered on 19 Jun 2021 with Charge ID 100459362 was modified on 24 Jul 2023.
- Charges
A charge with State Bank Of India of Rs. 36.76 Cr registered on 03 Dec 2019 with Charge ID 100310591 was modified on 22 Jun 2023.
- Charges
A charge registered on 26 Oct 2021 via Charge ID 100491963 with Others was fully satisfied on 15 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Akr Industries Private Limited?
Akr Industries Private Limited was incorporated on 26 Feb 2019.
What is authorized share capital and paid-up capital of Akr Industries Private Limited?
The authorized share capital of Akr Industries Private Limited is ₹ 9.89 Cr and paid-up capital is ₹ 9.89 Cr.
Who are the current board members & directors of Akr Industries Private Limited?
Currently 2 directors are associated with Akr Industries Private Limited.
- Kalimuthu Loganathan
- Chinnaraj Anbarasu
What is the registered address of Akr Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akr Industries Private Limited is 2/385-G Mummoorthy Nagar, P.N.Road India, Tirupur, Tamil Nadu, 641602.
What is the corporate identification number (CIN) and company number of Akr Industries Private Limited?
The corporate identification number (CIN) of Akr Industries Private Limited is U17299TZ2019PTC031755 and the company number is 031755 as per Ministry of Corporate Affairs (MCA).
What is the official website of Akr Industries Private Limited?
The Official website of Akr Industries Private Limited is https://www.akrind.com
What has been the recent revenue trend for Akr Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Akr Industries Private Limited has fallen by -26.03%.
How many employees does Akr Industries Private Limited currently have?
As Per 2023 financial reports, 2474 employees are currently employed by Akr Industries Private Limited.
What change has been observed in the net worth of Akr Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Akr Industries Private Limited has experienced an upsurge of 1.16%.
What are the total open charges for Akr Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Akr Industries Private Limited amount to ₹ 208.09 Cr.
When was the last Balance Sheet of Akr Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Akr Industries Private Limited was filed with the ROC on 31 Mar 2023.
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