Akshar Ispat Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.24 Cr
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- 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 nine months. Its registered office is in Himatnagar, 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 2023. 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.
Kiritkumar Patel, Charulkumar Patel, Yogeshkumar Patel, and Two other members serve as directors at the Company.
Company Details
- Location
Himatnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- 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
17 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Akshar Ispat?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogeshkumar Patel  | Managing Director | 30-Mar-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kiritkumar Patel | Director | 13-Oct-2015 | Current |
| Charulkumar Patel | Director | 13-Oct-2015 | Current |
| Kamleshkumar Patel | Director | 09-Sep-2013 | Current |
| Daxesh Thakkar | Director | 25-May-2011 | Current |
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%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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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.
Related Corporates (Common Directorship)
Exxaro Tiles LimitedDaxesh Thakkar is a mutual person
Steelact India LimitedDaxesh Thakkar is a mutual person
Charges (Loans)
₹21.00 Cr
₹62.20 Cr
Charges Breakdown by Lending Institutions
- Others : 21.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2017 | Others | ₹21.00 Cr | Open |
| 09 May 2015 | Hdfc Bank Limited | ₹13.80 Cr | Satisfied |
| 20 May 2014 | Idbi Bank Limited | ₹12.35 Cr | Satisfied |
| 29 Mar 2014 | Idbi Bank Limited | ₹12.35 Cr | Satisfied |
| 20 Mar 2012 | Bank Of Maharashtra | ₹11.85 Cr | Satisfied |
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.
Deals i
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
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.
