Akshar Ispat Limited

Manufacturer of TMT bars and steel products for various industries.

2011 | Sabarkantha, Gujarat (India) | Active
Last Updated:

Akshar Ispat Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.00 Cr
  • Satisfied Charges ₹ 62.20 Cr
  • Revenue Growth 12.74%
  • Profit Growth 23.12%
  • Ebitda 7.76%
  • Net Worth 9.37%
  • Total Assets 13.90%

About Akshar Ispat

Akshar Ispat Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 May 2011 and has a history of 13 years and ten months. Its registered office is in Sabarkantha, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 2.00 Cr and a paid-up capital of Rs 1.24 Cr.

The company currently has active open charges totaling ₹21.00 Cr. The company has closed loans amounting to ₹62.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Daxesh Thakkar, Kamleshkumar Patel, Yogeshkumar Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Sabarkantha, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28990GJ2011PLC065595

  • Company No.

    065595

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Yogeshkumar Patel Country flag representing In Managing Director30-Mar-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Daxesh Thakkar Country flag representing In Director 25-May-2011Current
Kamleshkumar Patel Country flag representing In Director 09-Sep-2013Current
Charulkumar Patel Country flag representing In Director 13-Oct-2015Current
Kiritkumar Patel Country flag representing In Director 13-Oct-2015Current

Financial Performance of Akshar Ispat.

Akshar Ispat Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.74% increase. The company also saw a substantial improvement in profitability, with a 23.12% increase in profit. The company's net worth moved up by a moderate rise of 9.37%.

Akshar Ispat revenue growth over time
Akshar Ispat 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
12.74%
Revenue from Operations
12.77%
Total Assets
13.90%
Profit or Loss
23.12%
Net Worth
9.37%
EBITDA
7.76%

What is the Ownership and Shareholding Structure of Akshar Ispat?

In 2023, Akshar Ispat had a promoter holding of 70.45% and a public holding of 29.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.00 Cr

Satisfied Charges

₹62.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 21.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2017Others₹21.00 CrOpen
09 May 2015Hdfc Bank Limited₹13.80 CrSatisfied
20 May 2014Idbi Bank Limited₹12.35 CrSatisfied
29 Mar 2014Idbi Bank Limited₹12.35 CrSatisfied
20 Mar 2012Bank Of Maharashtra₹11.85 CrSatisfied

How Many Employees Work at Akshar Ispat?

Akshar Ispat has a workforce of 7 employees as of Apr 07, 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 Ispat Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Akshar Ispat Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akshar Ispat Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 21.00 Cr registered on 03 Oct 2017 with Charge ID 100132057 was modified on 01 Jan 2019.

  • Charges

    A charge with Others amounted to Rs. 21.00 Cr with Charge ID 100132057 was registered on 03 Oct 2017.

  • Charges

    A charge registered on 09 May 2015 via Charge ID 10567892 with Hdfc Bank Limited was fully satisfied on 18 Sep 2017.

  • Director Appointment

    Yogeshkumar Rameshbhai Patel was appointed as a Managing Director was appointed as a Managing Director on 30 Mar 2017 & has been associated with this company since 7 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Akshar Ispat Limited?

    Akshar Ispat Limited was incorporated on 25 May 2011.

  • What is authorized share capital and paid-up capital of Akshar Ispat Limited?

    The authorized share capital of Akshar Ispat Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.24 Cr.

  • Who are the current board members & directors of Akshar Ispat Limited?

    Currently 5 directors are associated with Akshar Ispat Limited.

    • Daxesh Manaharlal Thakkar
    • Kamleshkumar Kacharalal Patel
    • Yogeshkumar Rameshbhai Patel
    • Charulkumar Jayantibhai Patel
    • Kiritkumar Ranchhodbhai Patel

  • What is the registered address of Akshar Ispat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akshar Ispat Limited is Block No.158 Nr. G.E.B. Sub -Station Nikoda Chokadi, At Post: Bavsar India, Himatnagar, Gujarat, 383001.

  • What is the corporate identification number (CIN) and company number of Akshar Ispat Limited?

    The corporate identification number (CIN) of Akshar Ispat Limited is U28990GJ2011PLC065595 and the company number is 065595 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akshar Ispat Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akshar Ispat Limited has risen by 12.74%.

  • How many employees does Akshar Ispat Limited currently have?

    As Per 2023 financial reports, 7 employees are currently employed by Akshar Ispat Limited.

  • What change has been observed in the net worth of Akshar Ispat Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Akshar Ispat Limited has experienced an upsurge of 9.37%.

  • What are the total open charges for Akshar Ispat Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akshar Ispat Limited amount to ₹ 21.00 Cr.

  • When was the last Balance Sheet of Akshar Ispat Limited filed with the ROC?

    The most recent Balance Sheet for Akshar Ispat Limited was filed with the ROC on 31 Mar 2024.

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