Akshar Fibres Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 3.13 M
- Company Age 33 Year, 4 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 four 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
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Location
Surat, 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
U17119GJ1991PTC016365
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Company No.
016365
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Oct 1991
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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
Who are the key members and board of directors at Akshar Fibres?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hanuman Sethia
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Managing Director | 04-Sep-2010 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Himanshu Sethia
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Director | 22-Apr-2021 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Ankur Synthetics LlpHanuman Sethia and Himanshu Sethia are mutual person
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Sethia-N-Sethia Pvt Ltd.
Hanuman Sethia and Himanshu Sethia are mutual person
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Tavissh Polyweaves Private Limited
Himanshu Sethia is a mutual person
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Kalinga Ventures India Private Limited
Himanshu Sethia is a mutual person
Charges (Loans)
₹4.50 M
₹13.50 M
Charges Breakdown by Lending Institutions
- Others : 0.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2018 | Others | ₹4.50 M | Open |
| 28 Dec 2010 | Axis Bank Ltd. | ₹1.00 Cr | Satisfied |
| 06 Jan 2003 | United Bank Of India | ₹3.50 M | Satisfied |
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.
Deals i
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
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.
