Akshar Agencies Electrade Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 8 Year, 7 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 31.03 Cr
- Satisfied Charges ₹ 6.10 Cr
- Revenue Growth 29.69%
- Profit Growth -7.20%
- Ebitda 29.88%
- Net Worth 28.16%
- Total Assets 61.35%
About Akshar Agencies Electrade
Akshar Agencies Electrade Private Limited (AAEPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 2017 (Eight years 7 days old ). Its registered office is in Vadodara, Gujarat, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹31.03 Cr. The company has closed loans amounting to ₹6.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pravinkumar Dave and Niral Dave serve as directors at the Company.
Company Details
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U51909GJ2017PTC095350
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Company No.
095350
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Feb 2017
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Akshar Agencies Electrade Private Limited offer?
Akshar Agencies Electrade Private Limited offers a wide range of products and services, including Clearing & Forwarding Services, Freight Forwarding Services, Starters, Soft Starters, Electric Motor, Electric Motors and Components, Induction Motors, VFD, Crompton Greaves VFD, Industrial Motors.
Who are the key members and board of directors at Akshar Agencies Electrade?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pravinkumar Dave
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Director | 02-Feb-2017 | Current |
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Niral Dave
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Director | 02-Feb-2017 | Current |
Financial Performance of Akshar Agencies Electrade.
Akshar Agencies Electrade Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.69% increase. The company also saw a slight decrease in profitability, with a 7.2% decrease in profit. The company's net worth Soared by an impressive increase of 28.16%.
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What is the Ownership and Shareholding Structure of Akshar Agencies Electrade?
In 2023, Akshar Agencies Electrade had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Akshar Elecinfra Private LimitedNiral Dave is a mutual person
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Kedaair LlpNiral Dave is a mutual person
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Akshar Electric Panel Boards Private LimitedNiral Dave is a mutual person
Charges (Loans)
₹31.03 Cr
₹6.10 Cr
Charges Breakdown by Lending Institutions
- Others : 27.03 Cr
- Axis Bank Limited : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 2023 | Axis Bank Limited | ₹4.00 Cr | Open |
| 21 Dec 2021 | Others | ₹0.85 M | Open |
| 24 Jul 2019 | Others | ₹26.94 Cr | Open |
| 10 Jul 2020 | Others | ₹1.00 Cr | Satisfied |
| 01 Sep 2018 | Standard Chartered Bank | ₹1.70 Cr | Satisfied |
How Many Employees Work at Akshar Agencies Electrade?
Akshar Agencies Electrade has a workforce of 47 employees as of Mar 30, 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 Akshar Agencies Electrade, 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 Akshar Agencies Electrade'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.