Akshar Fibres Pvt Ltd

Polyester fabric trading since 1991, based in Surat, Gujarat.

1991 | Surat, Gujarat (India) | Active
Last Updated:

Akshar Fibres Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.13 M
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 M
  • Satisfied Charges ₹ 1.35 Cr
  • Revenue Growth 18.04%
  • Profit Growth 272.29%
  • Ebitda 14.69%
  • Net Worth 35.23%
  • Total Assets -18.40%

About Akshar Fibres

Akshar Fibres Pvt Ltd (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 October 1991 and has a history of 33 years and five months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 3.50 M and a paid-up capital of Rs 3.13 M.

The company currently has active open charges totaling ₹4.50 M. The company has closed loans amounting to ₹1.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hanuman Sethia and Himanshu Sethia serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1991PTC016365

  • Company No.

    016365

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

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

Executive Team (1)

NameDesignationAppointment DateStatus
Hanuman Sethia Country flag representing In Managing Director04-Sep-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Himanshu Sethia Country flag representing In Director 22-Apr-2021Current

Financial Performance of Akshar Fibres.

Akshar Fibres Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 18.04% increase. The company also saw a substantial improvement in profitability, with a 272.29% increase in profit. The company's net worth Soared by an impressive increase of 35.23%.

Akshar Fibres revenue growth over time
Akshar Fibres 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
18.04%
Revenue from Operations
15.73%
Total Assets
-18.40%
Profit or Loss
272.29%
Net Worth
35.23%
EBITDA
14.69%

What is the Ownership and Shareholding Structure of Akshar Fibres?

In 2023, Akshar Fibres had a promoter holding of 77.65% and a public holding of 22.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 M

Satisfied Charges

₹13.50 M

Charges Breakdown by Lending Institutions

  • Others : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2018Others₹4.50 MOpen
28 Dec 2010Axis Bank Ltd.₹1.00 CrSatisfied
06 Jan 2003United Bank Of India₹3.50 MSatisfied

How Many Employees Work at Akshar Fibres?

Unlock and access historical data on people associated with Akshar Fibres, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Akshar Fibres Pvt Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Akshar Fibres Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akshar Fibres Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Himanshu Hanumanmal Sethia was appointed as a Director was appointed as a Director on 22 Apr 2021 & has been associated with this company since 3 years 10 months .

  • Charges

    A charge with Others amounted to Rs. 4.50 M with Charge ID 100219005 was registered on 20 Oct 2018.

  • Charges

    A charge registered on 28 Dec 2010 via Charge ID 10257597 with Axis Bank Ltd. was fully satisfied on 24 Mar 2015.

  • Charges

    A charge with Axis Bank Ltd. amounted to Rs. 10.00 M with Charge ID 10257597 was registered on 28 Dec 2010.

Frequently asked questions

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

    Akshar Fibres Pvt Ltd was incorporated on 04 Oct 1991.

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

    The authorized share capital of Akshar Fibres Pvt Ltd is ₹ 3.50 M and paid-up capital is ₹ 3.13 M.

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

    Currently 2 directors are associated with Akshar Fibres Pvt Ltd.

    • Hanuman Mal Sethia
    • Himanshu Hanumanmal Sethia

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Akshar Fibres Pvt Ltd is First Floor Plot No. F-772 773 774 Laxmi Textile Park Sachin, Taluka- Chor Asi India, Surat, Gujarat, 394230.

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

    The corporate identification number (CIN) of Akshar Fibres Pvt Ltd is U17119GJ1991PTC016365 and the company number is 016365 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Akshar Fibres Pvt Ltd has risen by 18.04%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Akshar Fibres Pvt Ltd has experienced an upsurge of 35.23%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Akshar Fibres Pvt Ltd amount to ₹ 4.50 M.

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

    The most recent Balance Sheet for Akshar Fibres Pvt Ltd was filed with the ROC on 31 Mar 2024.

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