Aks Alloys Private Limited

Manufactures steel ingots and trades steel scrap/ingots with 18,000 TPA capacity.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Aks Alloys Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.34 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 126.31 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 2.53%
  • Profit Growth 90.78%
  • Ebitda 8.22%
  • Net Worth 6.78%
  • Total Assets 26.17%

About Aks Alloys

Aks Alloys Private Limited (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 January 1994 and has a history of 31 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Vensam Steel Industries Private Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.34 Cr.

The company currently has active open charges totaling ₹126.31 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikrant Sharma, Narendra Kothari, and Nemichand Kothari 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

    U51101TN1994PTC026627

  • Company No.

    026627

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 1994

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals
Company report

Aks Alloys Private Limited

Explore comprehensive data for Aks Alloys Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aks Alloys?

Executive Team (1)

NameDesignationAppointment DateStatus
Nemichand Kothari Country flag representing In Managing Director25-Jan-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Vikrant Sharma Country flag representing In Director 25-Jan-1994Current
Narendra Kothari Country flag representing In Director 25-Jan-1994Current

Financial Performance of Aks Alloys.

Aks Alloys Private Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 2.53% increase. The company also saw a substantial improvement in profitability, with a 90.78% increase in profit. The company's net worth moved up by a moderate rise of 6.78%.

Aks Alloys revenue growth over time
Aks Alloys profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.53%
Revenue from Operations
2.51%
Total Assets
26.17%
Profit or Loss
90.78%
Net Worth
6.78%
EBITDA
8.22%

What is the Ownership and Shareholding Structure of Aks Alloys?

In 2018, Aks Alloys had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹126.31 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank Kilpau Branch : 42.31 Cr
  • Indian Overseas Bank Kilpauk Branch : 41.50 Cr
  • Indian Overseas Bank : 40.75 Cr
  • Others : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2017Indian Overseas Bank₹27.00 CrOpen
14 Nov 2012Indian Overseas Bank Kilpauk Branch₹41.50 CrOpen
07 Dec 2007Indian Overseas Bank₹13.75 CrOpen
07 Sep 2001Indian Overseas Bank Kilpau Branch₹42.31 CrOpen
01 Sep 2001Others₹1.65 CrOpen

How Many Employees Work at Aks Alloys?

Aks Alloys has a workforce of 12 employees as of Apr 06, 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.

Employee growth trends for Aks Alloys Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aks Alloys, 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 Aks Alloys's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Aks Alloys

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 1.65 Cr registered on 01 Sep 2001 with Charge ID 90282344 was modified on 22 Nov 2022.

  • Charges

    A charge with Others of Rs. 0.10 Cr registered on 23 Oct 2000 with Charge ID 90283096 was modified on 22 Nov 2022.

  • Annual General Meeting

    Aks Alloys Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Aks Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 27.00 Cr with Charge ID 100117651 was registered on 10 Jul 2017.

  • Charges

    A charge with Indian Overseas Bank Kilpauk Branch amounted to Rs. 41.50 Cr with Charge ID 10396381 was registered on 14 Nov 2012.

Frequently asked questions

  • What is the Incorporation or founding date of Aks Alloys Private Limited?

    Aks Alloys Private Limited was incorporated on 25 Jan 1994.

  • What is authorized share capital and paid-up capital of Aks Alloys Private Limited?

    The authorized share capital of Aks Alloys Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.34 Cr.

  • Who are the current board members & directors of Aks Alloys Private Limited?

    Currently 3 directors are associated with Aks Alloys Private Limited.

    • Vikrant Sharma
    • Narendra Kumar Kothari
    • Nemichand Kothari

  • What is the registered address of Aks Alloys Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aks Alloys Private Limited is No.770 T H Road, India, Chennai, Tamil Nadu, 600081.

  • What is the corporate identification number (CIN) and company number of Aks Alloys Private Limited?

    The corporate identification number (CIN) of Aks Alloys Private Limited is U51101TN1994PTC026627 and the company number is 026627 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aks Alloys Private Limited?

    The Official website of Aks Alloys Private Limited is https://www.aksindustries.com

  • What has been the recent revenue trend for Aks Alloys Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Aks Alloys Private Limited has risen by 2.53%.

  • How many employees does Aks Alloys Private Limited currently have?

    As Per 2018 financial reports, 12 employees are currently employed by Aks Alloys Private Limited.

  • What change has been observed in the net worth of Aks Alloys Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Aks Alloys Private Limited has experienced an upsurge of 6.78%.

  • What are the total open charges for Aks Alloys Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Aks Alloys Private Limited amount to ₹ 126.31 Cr.

  • When was the last Balance Sheet of Aks Alloys Private Limited filed with the ROC?

    The most recent Balance Sheet for Aks Alloys Private Limited was filed with the ROC on 31 Mar 2018.

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