Aks Bearings Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 29-07-2024
- Paid Up Capital ₹ 1.63 Cr
as on 29-07-2024
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.30 Cr
as on 29-07-2024
- Satisfied Charges ₹ 8.55 Cr
as on 29-07-2024
- Revenue 16.05%
(FY 2023)
- Profit 206.20%
(FY 2023)
- Ebitda -5.13%
(FY 2023)
- Net Worth 2.11%
(FY 2023)
- Total Assets -3.68%
(FY 2023)
About Aks Bearings
The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 1.63 Cr.
The company currently has active open charges totaling ₹3.30 Cr. The company has closed loans amounting to ₹8.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sudhir Agarwal, Abhay Sharma, and Sandeep Agrawal serve as directors at the Company.
- CIN/LLPIN
U29130RJ1990PLC005370
- Company No.
005370
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Mar 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Jaipur
Industry
Company Details
- Location
Jaipur, Rajasthan, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Aks Bearings Ltd offer?
Aks Bearings Ltd offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Industrial Bearings, Bushings & Bushing Parts, Machine Bushing, Roller Bearings, Automotive Bearings, Clutch, Clutch Parts & Accessories, Clutch Components, Ball Bearings, Pedestal Bearing.
Who are the key members and board of directors at Aks Bearings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhir Agarwal  | Managing Director | 30-Mar-1990 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Agrawal  | Director | 06-Sep-2021 | Current |
| Abhay Sharma | Whole-Time Director | 15-Jan-2008 | Current |
Financial Performance of Aks Bearings.
Aks Bearings Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 16.05% increase. The company also saw a substantial improvement in profitability, with a 206.2% increase in profit. The company's net worth moved up by a moderate rise of 2.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Aks Bearings?
In 2023, Aks Bearings had a promoter holding of 68.51% and a public holding of 31.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Oxford Developers Private LimitedActive 28 years 3 months
Sudhir Agarwal and Sandeep Agrawal are mutual person
- Jeetish Properties Private Limited(Transferred From Nct Of Delhi)Active 30 years 6 months
Sudhir Agarwal is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Mar 2023 | ₹1.00 Cr | Open |
Others Creation Date: 28 Mar 2023 | ₹2.00 Cr | Open |
Others Creation Date: 27 May 2020 | ₹3.00 M | Open |
How Many Employees Work at Aks Bearings?
Aks Bearings has a workforce of 10 employees as of Apr 08, 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 Aks Bearings, 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 Bearings'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.
