Akr Industries Profile
Key Indicators
- Authorised Capital ₹ 9.89 Cr
- Paid Up Capital ₹ 9.89 Cr
- Company Age 5 Year, 11 Months
- 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 (Five years and 11 months 6 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
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
| 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 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.
Related Corporates (Common Directorship)
-
Kovaisambandam Yarn Mills Private LimitedKalimuthu Loganathan is a mutual person
-
Inno Fashion Private Limited
Kalimuthu Loganathan and Chinnaraj Anbarasu are mutual person
-
Fresco Ny Private Limited
Kalimuthu Loganathan and Chinnaraj Anbarasu are mutual person
-
Nubiznez Private Limited
Kalimuthu Loganathan is a mutual person
-
Ra Travel Tech Private Limited
Kalimuthu Loganathan is a mutual person
Charges (Loans)
₹208.09 Cr
₹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.
