Akshar Elecinfra Private Limited

Manufacturing and supplying electrical board panels, providing consulting and engineering services to large corporations and industries.

2009 | Vadodara, Gujarat (India) | Active
Last Updated: June 18, 2024

Akshar Elecinfra Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.70 M
  • Company Age 16 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 203.43 Cr
  • Satisfied Charges ₹ 29.68 Cr
  • Revenue Growth -6.80%
  • Profit Growth 20.46%
  • Ebitda 19.61%
  • Net Worth 18.35%
  • Total Assets -3.07%

About Akshar Elecinfra

Akshar Elecinfra Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 2009 and has a history of 16 years. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Energy And Power 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 1.70 Cr and a paid-up capital of Rs 1.70 M.

The company currently has active open charges totaling ₹203.43 Cr. The company has closed loans amounting to ₹29.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deval Dave and Niral Dave serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45204GJ2009PTC055925

  • Company No.

    055925

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Akshar Elecinfra Private Limited offer?

Akshar Elecinfra Private Limited offers a wide range of products and services, including DC Motor, Crompton Greaves DC Motors, Generators, Turbines & Power Plants, Power Plants & Spare Parts, VFD, Vector Drives, IT Solutions, Industry It Solutions, Petrochemical Refineries, Oil Refinery Plant.

Who are the key members and board of directors at Akshar Elecinfra?

Executive Team (1)

Name Designation Appointment Date Status
Niral Dave Country flag representing In Managing Director 20-Jan-2009 Current

Board Members (1)

Name Designation Appointment Date Status
Deval Dave Country flag representing In Director 20-Jan-2009 Current

Financial Performance of Akshar Elecinfra.

Akshar Elecinfra Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.8% decrease. The company also saw a substantial improvement in profitability, with a 20.46% increase in profit. The company's net worth Soared by an impressive increase of 18.35%.

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
-6.80%
Revenue from Operations
-6.86%
Total Assets
-3.07%
Profit or Loss
20.46%
Net Worth
18.35%
EBITDA
19.61%

What is the Ownership and Shareholding Structure of Akshar Elecinfra?

In 2023, Akshar Elecinfra had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹203.43 Cr

Satisfied Charges

₹29.68 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 93.46 Cr
  • Standard Chartered Bank : 78.09 Cr
  • Others : 27.34 Cr
  • Axis Bank Limited : 4.00 Cr
  • Bank Of India : 0.54 Cr

Latest Charge Details

Date Lender Amount Status
27 Feb 2024 Hdfc Bank Limited ₹4.10 M Open
23 Nov 2023 Others ₹4.00 M Open
03 Jul 2023 Axis Bank Limited ₹4.00 Cr Open
14 Jun 2023 Bank Of India ₹0.97 M Open
01 Apr 2023 Hdfc Bank Limited ₹69.05 Cr Open

How Many Employees Work at Akshar Elecinfra?

Akshar Elecinfra has a workforce of 471 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshar Elecinfra, 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 Elecinfra'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 Akshar Elecinfra

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.41 Cr with Charge ID 100883081 was registered on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 69.05 Cr registered on 01 Apr 2023 with Charge ID 100705471 was modified on 20 Jan 2024.

    20 Jan 2024

  • Charges

    A charge with Standard Chartered Bank of Rs. 44.00 Cr registered on 06 Nov 2019 with Charge ID 100299012 was modified on 20 Jan 2024.

    20 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100885194 was registered on 23 Nov 2023.

    23 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 24.00 Cr registered on 23 Feb 2023 with Charge ID 100689587 was modified on 02 Nov 2023.

    02 Nov 2023

  • Annual General Meeting

    Akshar Elecinfra Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Akshar Elecinfra Private Limited was incorporated on 20 Jan 2009.

  • The authorized share capital of Akshar Elecinfra Private Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.70 M.

  • Currently 2 directors are associated with Akshar Elecinfra Private Limited.

    • Deval Niral Dave
    • Niral Pravinkumar Dave
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshar Elecinfra Private Limited is Plot No: 986/20/13 Gidc Industrial Estate Makarpura, Vadodara, Gujarat, India, 390010.

  • The corporate identification number (CIN) of Akshar Elecinfra Private Limited is U45204GJ2009PTC055925 and the company number is 055925 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshar Elecinfra Private Limited is https://www.akshar-group.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshar Elecinfra Private Limited has fallen by -6.80%.

  • As Per 2023 financial reports, 471 employees are currently employed by Akshar Elecinfra Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshar Elecinfra Private Limited has experienced an upsurge of 18.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshar Elecinfra Private Limited amount to ₹ 203.43 Cr.

  • The most recent Balance Sheet for Akshar Elecinfra Private Limited was filed with the ROC on 31 Mar 2023.

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