Akshar Fabrics Pvt Ltd

Textile company specializing in dyeing and printing of various fabrics made from different fibers.

1991 | Vadodara, Gujarat (India) | Active
Last Updated: January 03, 2025

Akshar Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.02 Cr
  • Satisfied Charges ₹ 6.87 Cr
  • Revenue Growth 0.55%
  • Profit Growth -1275.69%
  • Ebitda -93.66%
  • Net Worth -41.48%
  • Total Assets 0.01%

About Akshar Fabrics

Akshar Fabrics Pvt Ltd (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 July 1991 and has a history of 33 years and six months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹12.02 Cr. The company has closed loans amounting to ₹6.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Govindbhai Patat, Punjabhai Patat, Zuber Rangrej, and Five other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1991PTC016031

  • Company No.

    016031

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jul 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (8)

Name Designation Appointment Date Status
Govindbhai Patat Country flag representing In Whole-Time Director 08-Oct-2008 Current
Punjabhai Patat Country flag representing In Whole-Time Director 26-Feb-2009 Current
Zuber Rangrej Country flag representing In Director 19-Dec-2019 Current
Nishant Jain Country flag representing In Additional Director 06-May-2024 Current
Jahangirkhan Pathan Country flag representing In Director 01-Oct-2006 Current
Abdulgani Rangrej Country flag representing In Director 01-Oct-2006 Current

Financial Performance of Akshar Fabrics.

Akshar Fabrics Pvt Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 0.55% increase. The company also saw a substantial fall in profitability, with a 1275.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.48%.

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
0.55%
Revenue from Operations
0.22%
Total Assets
0.01%
Profit or Loss
-1275.69%
Net Worth
-41.48%
EBITDA
-93.66%

What is the Ownership and Shareholding Structure of Akshar Fabrics?

Unlock access to Akshar Fabrics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.02 Cr

Satisfied Charges

₹6.87 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.86 Cr
  • Axis Bank Limited : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
15 Feb 2021 Axis Bank Limited ₹1.56 M Open
27 Aug 2007 Others ₹11.86 Cr Open
27 Jun 2008 Bank Of Baroda ₹3.00 Cr Satisfied
05 Sep 2007 Bank Of Baroda ₹3.00 Cr Satisfied
27 May 1992 Gujarat Industrial Investment Corporation Limited ₹8.70 M Satisfied

How Many Employees Work at Akshar Fabrics?

Akshar Fabrics has a workforce of 74 employees as of Apr 04, 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 Fabrics, 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 Fabrics'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 Fabrics

Recent activity within the organization

  • Director Appointment

    Nishant Praveen Jain was appointed as a Additional Director was appointed as a Additional Director on 06 May 2024 & has been associated with this company since 9 months 1 day .

    06 May 2024

  • Director Appointment

    Praveen Kumar Sukhpal Singh Jain was appointed as a Additional Director was appointed as a Additional Director on 06 May 2024 & has been associated with this company since 9 months 1 day .

    06 May 2024

  • Annual General Meeting

    Akshar Fabrics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akshar Fabrics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 11.86 Cr registered on 27 Aug 2007 with Charge ID 10071579 was modified on 07 Sep 2022.

    07 Sep 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100418093 was registered on 15 Feb 2021.

    15 Feb 2021

Frequently asked questions

  • Akshar Fabrics Pvt Ltd was incorporated on 29 Jul 1991.

  • The authorized share capital of Akshar Fabrics Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 8 directors are associated with Akshar Fabrics Pvt Ltd.

    • Govindbhai Lakhmanbhai Patat
    • Punjabhai Lakhmanbhai Patat
    • Zuber Abdulgani Rangrej
    • Nishant Praveen Jain
    • Jahangirkhan Hamidkhan Pathan
    • Abdulgani Mahmadbhai Rangrej
    • Chonderkumar Gerimal Narang
    • Praveen Kumar Sukhpal Singh Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshar Fabrics Pvt Ltd is Plot No 306 G I D C. Opp. Old Fire Station, India, Ankleshwar, Gujarat, 393002.

  • The corporate identification number (CIN) of Akshar Fabrics Pvt Ltd is U17119GJ1991PTC016031 and the company number is 016031 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Akshar Fabrics Pvt Ltd has risen by 0.55%.

  • As Per 2022 financial reports, 74 employees are currently employed by Akshar Fabrics Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Akshar Fabrics Pvt Ltd has experienced an downturn of -41.48%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Akshar Fabrics Pvt Ltd amount to ₹ 12.02 Cr.

  • The most recent Balance Sheet for Akshar Fabrics Pvt Ltd was filed with the ROC on 31 Mar 2023.

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