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:

Akshar Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 33 Year, 8 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 eight 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
Company report

Akshar Fabrics Pvt Ltd

Explore comprehensive data for Akshar Fabrics Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (8)

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

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%.

Akshar Fabrics revenue growth over time
Akshar Fabrics 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

DateLenderAmountStatus
15 Feb 2021Axis Bank Limited₹1.56 MOpen
27 Aug 2007Others₹11.86 CrOpen
27 Jun 2008Bank Of Baroda₹3.00 CrSatisfied
05 Sep 2007Bank Of Baroda₹3.00 CrSatisfied
27 May 1992Gujarat Industrial Investment Corporation Limited₹8.70 MSatisfied

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.

Employee growth trends for Akshar Fabrics Pvt Ltd

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

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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 11 months 9 days .

  • 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 11 months 9 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • 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.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Akshar Fabrics Pvt Ltd?

    Akshar Fabrics Pvt Ltd was incorporated on 29 Jul 1991.

  • What is authorized share capital and paid-up capital of Akshar Fabrics Pvt Ltd?

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

  • Who are the current board members & directors of Akshar Fabrics Pvt Ltd?

    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

  • What is the registered address of Akshar Fabrics Pvt Ltd?

    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.

  • What is the corporate identification number (CIN) and company number of Akshar Fabrics Pvt Ltd?

    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).

  • What has been the recent revenue trend for Akshar Fabrics Pvt Ltd?

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

  • How many employees does Akshar Fabrics Pvt Ltd currently have?

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

  • What change has been observed in the net worth of Akshar Fabrics Pvt Ltd, and by what percentage?

    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%.

  • What are the total open charges for Akshar Fabrics Pvt Ltd?

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

  • When was the last Balance Sheet of Akshar Fabrics Pvt Ltd filed with the ROC?

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

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