Aks Cold Storage Limited

Customized cold storage and distribution services for various food products in Tamilnadu and Kerala.

2003 | Alappuzha, Kerala (India) | Active
Last Updated: December 20, 2024

Aks Cold Storage Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 15.96 Cr
  • Company Age 22 Year, 23 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 58.50 Cr
  • Satisfied Charges ₹ 50.13 Cr
  • Revenue Growth -35.91%
  • Profit Growth -531.70%
  • Ebitda -51.90%
  • Net Worth -11.71%
  • Total Assets -1.31%

About Aks Cold Storage

Aks Cold Storage Limited (ACSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 January 2003 and has a history of 22 years. Its registered office is in Alappuzha, Kerala, India.

The Corporate was formerly known as Aks Cold Storage Private Limited. The Company is engaged in the Transport And Logistics 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 20.00 Cr and a paid-up capital of Rs 15.96 Cr.

The company currently has active open charges totaling ₹58.50 Cr. The company has closed loans amounting to ₹50.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avinashi Saravanan, Dhandapani Senthilkumar, and Saravanan Kalaiselvi serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63022KL2003PLC015881

  • Company No.

    015881

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Transport and Logistics

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

Executive Team (1)

Name Designation Appointment Date Status
Avinashi Saravanan Country flag representing In Managing Director 19-Jan-2003 Current

Board Members (2)

Name Designation Appointment Date Status
Dhandapani Senthilkumar Country flag representing In Whole-Time Director 30-Oct-2019 Current
Saravanan Kalaiselvi Country flag representing In Director 11-May-2015 Current

Financial Performance of Aks Cold Storage.

Aks Cold Storage Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 35.91% decrease. The company also saw a substantial fall in profitability, with a 531.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.71%.

Graph illustrating revenue growth over time
Graph showing 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
-35.91%
Revenue from Operations
-35.83%
Total Assets
-1.31%
Profit or Loss
-531.70%
Net Worth
-11.71%
EBITDA
-51.90%

What is the Ownership and Shareholding Structure of Aks Cold Storage?

In 2020, Aks Cold Storage 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

₹58.50 Cr

Satisfied Charges

₹50.13 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 43.50 Cr
  • Idbi Bank Limited : 15.00 Cr

Latest Charge Details

Date Lender Amount Status
06 Feb 2017 Idbi Bank Limited ₹15.00 Cr Open
09 Dec 2016 Indian Bank ₹36.00 Cr Open
09 Nov 2007 Indian Bank ₹7.50 Cr Open
31 Mar 2017 Indian Bank ₹15.00 Cr Satisfied
14 Mar 2014 Indian Bank ₹24.00 Cr Satisfied

How Many Employees Work at Aks Cold Storage?

Unlock and access historical data on people associated with Aks Cold Storage, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aks Cold Storage, 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 Cold Storage'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 Cold Storage

Recent activity within the organization

  • Annual General Meeting

    Aks Cold Storage Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aks Cold Storage Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100101762 with Indian Bank was fully satisfied on 03 Dec 2019.

    03 Dec 2019

  • Director Appointment

    Dhandapani Senthilkumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Oct 2019 & has been associated with this company since 5 years 3 months .

    30 Oct 2019

  • Charges

    A charge with Idbi Bank Limited of Rs. 15.00 Cr registered on 06 Feb 2017 with Charge ID 100103710 was modified on 21 Feb 2018.

    21 Feb 2018

  • Charges

    A charge with Indian Bank of Rs. 15.00 Cr registered on 31 Mar 2017 with Charge ID 100101762 was modified on 12 May 2017.

    12 May 2017

Frequently asked questions

  • Aks Cold Storage Limited was incorporated on 09 Jan 2003.

  • The authorized share capital of Aks Cold Storage Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.96 Cr.

  • Currently 3 directors are associated with Aks Cold Storage Limited.

    • Avinashi Kongan Subramaniam Saravanan
    • Dhandapani Senthilkumar
    • Saravanan Kalaiselvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aks Cold Storage Limited is Sf No 43 1 G 2Arror Junction Arror Post India, Alapuzha, Kerala, 688534.

  • The corporate identification number (CIN) of Aks Cold Storage Limited is U63022KL2003PLC015881 and the company number is 015881 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aks Cold Storage Limited is https://www.aks-cold-storage-ltd.business.site

  • According to the financial reports for the fiscal year 2019, the revenue trend for Aks Cold Storage Limited has fallen by -35.91%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Aks Cold Storage Limited has experienced an downturn of -11.71%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Aks Cold Storage Limited amount to ₹ 58.50 Cr.

  • The most recent Balance Sheet for Aks Cold Storage Limited was filed with the ROC on 31 Mar 2023.