Aks Credits Limited

Provides financial services as a non-banking finance company since 1991.

1991 | North Delhi, Delhi (India) | Active
Last Updated: July 12, 2024

Aks Credits Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 11.00 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 10.67%
  • Profit Growth -58.30%
  • Ebitda -68.80%
  • Net Worth 0.59%
  • Total Assets 3.78%

About Aks Credits

Aks Credits Limited (ACL) is a Public Limited Indian Non-Government Company incorporated in India on 19 March 1991 and has a history of 33 years and 11 months. Its registered office is in North Delhi, Delhi, India.

The Corporate was formerly known as Aks Credits Private Limited. The Company is engaged in the Financial Services 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 11.00 Cr and a paid-up capital of Rs 11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aks Credits Limited India is Atul Mahindru as CFO. Atul Mahindru, Anurag Tulsian, Siddharth Singhal, and One other member serve as directors at the Company.

Company Details

  • Location

    North Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akscredits.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65921DL1991PLC043544

  • Company No.

    043544

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Atul Mahindru Country flag representing In CFO23-Mar-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Atul Mahindru Country flag representing In Whole-Time Director and Cfo 01-Aug-1998Current
Anurag Tulsian Additional Director 12-Mar-2024Current
Siddharth Singhal Country flag representing In Director 20-Jun-2023Current
Sanjay Sethi Country flag representing In Director 15-Mar-2018Current

Financial Performance of Aks Credits.

Aks Credits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.67% increase. The company also saw a substantial fall in profitability, with a 58.3% decrease in profit. The company's net worth moved up by a moderate rise of 0.59%.

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
10.67%
Revenue from Operations
10.67%
Total Assets
3.78%
Profit or Loss
-58.30%
Net Worth
0.59%
EBITDA
-68.80%

What is the Ownership and Shareholding Structure of Aks Credits?

In 2022, Aks Credits had a promoter holding of 55.37% and a public holding of 44.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Aks Credits?

Unlock and access historical data on people associated with Aks Credits, 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 Credits, 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 Credits'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 Credits

Recent activity within the organization

  • Director Appointment

    Anurag Tulsian was appointed as a Additional Director was appointed as a Additional Director on 12 Mar 2024 & has been associated with this company since 11 months 12 days .

    12 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Siddharth Singhal was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 8 months .

    20 Jun 2023

  • Balance Sheet

    Aks Credits Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Atul Mahindru was appointed as a Cfo was appointed as a Cfo on 23 Mar 2018 & has been associated with this company since 6 years 11 months .

    23 Mar 2018

  • Director Appointment

    Sanjay Sethi was appointed as a Director was appointed as a Director on 15 Mar 2018 & has been associated with this company since 6 years 11 months .

    15 Mar 2018

Frequently asked questions

  • Aks Credits Limited was incorporated on 19 Mar 1991.

  • The authorized share capital of Aks Credits Limited is ₹ 11.00 Cr and paid-up capital is ₹ 11.00 Cr.

  • Currently 5 directors are associated with Aks Credits Limited.

    • Atul Mahindru
    • Anurag Tulsian
    • Siddharth Singhal
    • Atul Mahindru
    • Sanjay Sethi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aks Credits Limited is 6081 Iind Floor Room No. 201, Gali Batashan Khari Baoli, Delhi, India, 110006.

  • The corporate identification number (CIN) of Aks Credits Limited is L65921DL1991PLC043544 and the company number is 043544 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aks Credits Limited is https://www.akscredits.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aks Credits Limited has risen by 10.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aks Credits Limited has experienced an upsurge of 0.59%.

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

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