Akshar Precision Tubes Private Limited

This company manufactures and trades fin tubes and fabrications for various industries, with ISO certifications.

1998 | Vadodara, Gujarat (India) | Active
Last Updated:

Akshar Precision Tubes Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.50 Cr
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 44.19 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -25.83%
  • Profit Growth -53.88%
  • Ebitda -26.20%
  • Net Worth 3.58%
  • Total Assets 20.88%

About Akshar Precision Tubes

Akshar Precision Tubes Private Limited (APTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 1998 and has a history of 27 years and one month. Its registered office is in Vadodara, Gujarat, India.

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 2024. 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 ₹44.19 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, Ashutosh Gupta, Shatrunjay Patel, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U25110GJ1998PTC033576

  • Company No.

    033576

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Vipin Aggarwal Country flag representing In Company Secretary01-May-2023Current
Nirmit Jain Country flag representing In Managing Director15-Apr-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Nikita Jain Country flag representing In Director 26-Apr-2021Current
Sukhmalchand Jain Country flag representing In Director 17-Jan-1998Current
Ashutosh Gupta Country flag representing In Director 17-Jan-1998Current
Shatrunjay Patel Country flag representing In Director 17-Jan-1998Current
Raney Jain Country flag representing In Director 17-Jan-1998Current

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%.

Akshar Precision Tubes revenue growth over time
Akshar Precision Tubes 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
-25.83%
Revenue from Operations
-24.78%
Total Assets
20.88%
Profit or Loss
-53.88%
Net Worth
3.58%
EBITDA
-26.20%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.19 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 42.29 Cr
  • Sidbi : 1.90 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2025Hdfc Bank Limited₹1.50 MOpen
01 Feb 2025Hdfc Bank Limited₹1.79 MOpen
29 Jul 2024Sidbi₹1.90 CrOpen
24 Dec 2007Hdfc Bank Limited₹36.96 CrOpen
01 Feb 2006Hdfc Bank Limited₹5.00 CrOpen

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.

Employee growth trends for Akshar Precision Tubes Private Limited

Deals i

Graph showing company valuation over time

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

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 Precision Tubes

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101045348 was registered on 12 Feb 2025.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101043144 was registered on 01 Feb 2025.

  • Annual General Meeting

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

  • Charges

    A charge with Sidbi amounted to Rs. 1.90 Cr with Charge ID 100953693 was registered on 29 Jul 2024.

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 36.96 Cr registered on 24 Dec 2007 with Charge ID 10080806 was modified on 04 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Akshar Precision Tubes Private Limited?

    Akshar Precision Tubes Private Limited was incorporated on 16 Jan 1998.

  • What is authorized share capital and paid-up capital of Akshar Precision Tubes Private Limited?

    The authorized share capital of Akshar Precision Tubes Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.50 Cr.

  • Who are the current board members & directors of Akshar Precision Tubes Private Limited?

    Currently 7 directors are associated with Akshar Precision Tubes Private Limited.

    • Sukhmalchand Ajitprasad Jain
    • Ashutosh Vedprakash Gupta
    • Shatrunjay Dhananjaybhai Patel
    • Nikita Kulbhushan Jain
    • Vipin Aggarwal
    • Nirmit Kulbhushan Jain
    • Raney Kulbhushan Jain

  • What is the registered address of Akshar Precision Tubes Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akshar Precision Tubes Private Limited is 38-41 Baroda Co-Operative Industrial Estate Dharamsinh Desai Marg Chhani, India, Vadodara, Gujarat, 390002.

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

    The corporate identification number (CIN) of Akshar Precision Tubes Private Limited is U25110GJ1998PTC033576 and the company number is 033576 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akshar Precision Tubes Private Limited?

    The Official website of Akshar Precision Tubes Private Limited is https://www.aksharprecisiontubes.com

  • What has been the recent revenue trend for Akshar Precision Tubes Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akshar Precision Tubes Private Limited has fallen by -25.83%.

  • How many employees does Akshar Precision Tubes Private Limited currently have?

    As Per 2023 financial reports, 62 employees are currently employed by Akshar Precision Tubes Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Akshar Precision Tubes Private Limited has experienced an upsurge of 3.58%.

  • What are the total open charges for Akshar Precision Tubes Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akshar Precision Tubes Private Limited amount to ₹ 44.19 Cr.

  • When was the last Balance Sheet of Akshar Precision Tubes Private Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing