Akshar Precision Tubes Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 10.50 Cr
as on 17-07-2024
- Company Age 26 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.92 Cr
as on 17-07-2024
- Satisfied Charges ₹ 1.00 Cr
as on 17-07-2024
- Revenue -25.83%
(FY 2023)
- Profit -53.88%
(FY 2023)
- Ebitda -26.20%
(FY 2023)
- Net Worth 3.58%
(FY 2023)
- Total Assets 20.88%
(FY 2023)
About Akshar Precision Tubes
The Company is engaged in the Machinery And Equipment 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 11.00 Cr and a paid-up capital of Rs 10.50 Cr.
The company currently has active open charges totaling ₹50.92 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Akshar Precision Tubes Private Limited India is Vipin Aggarwal as COMPANY SECRETARY. Sukhmalchand Jain, Nirmit Jain, Nikita Jain, and Three other members serve as directors at the Company.
- CIN/LLPIN
U25110GJ1998PTC033576
- Company No.
033576
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jan 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Akshar Precision Tubes Private Limited offer?
Akshar Precision Tubes Private Limited offers a wide range of products and services, including Aluminum, Brass, Bronze Pipes, Metal Pipes, Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Heat Exchanger Parts, Industrial Heat Exchanger, Industrial Air Conditioner & Devices, Refrigeration Spares, Pipe Spools, Economizer.
Who are the key members and board of directors at Akshar Precision Tubes?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipin Aggarwal  | Company Secretary | 21-Apr-2023 | Current |
| Nirmit Jain | Managing Director | 15-Apr-2021 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikita Jain | Director | 26-Apr-2021 | Current |
| Sukhmalchand Jain | Director | 17-Jan-1998 | Current |
| Shatrunjay Patel | Director | 17-Jan-1998 | Current |
| Raney Jain | Director | 17-Jan-1998 | Current |
| Ashutosh Gupta | Director | 17-Jan-1998 | Current |
Financial Performance of Akshar Precision Tubes.
Akshar Precision Tubes Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.83% decrease. The company also saw a substantial fall in profitability, with a 53.88% decrease in profit. The company's net worth moved up by a moderate rise of 3.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Akshar Precision Tubes?
In 2023, Akshar Precision Tubes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 24 Dec 2007 | ₹31.96 Cr | Open |
Hdfc Bank Limited Creation Date: 01 Feb 2006 | ₹18.96 Cr | Open |
State Bank Of Saurashtra Creation Date: 10 Apr 2004 | ₹1.00 Cr | Satisfied |
How Many Employees Work at Akshar Precision Tubes?
Akshar Precision Tubes has a workforce of 62 employees as of Apr 09, 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 Precision Tubes, 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 Precision Tubes'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.
