Akshar Selection Private Limited

Founded in 2012 and headquartered in Gujarat, India.

2012 | Surat, Gujarat (India) | Active
Last Updated:

Akshar Selection Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.23 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -36.81%
  • Profit Growth -32.21%
  • Ebitda 0.99%
  • Net Worth 5.84%
  • Total Assets -24.00%

About Akshar Selection

Akshar Selection Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 May 2012 and has a history of 12 years and 11 months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Fashion And Textile 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 0.20 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹3.23 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ushaben Ramoliya and Pareshbhai Ramoliya serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18109GJ2012PTC070141

  • Company No.

    070141

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile
Company report

Akshar Selection Private Limited

Explore comprehensive data for Akshar Selection Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Ushaben Ramoliya Country flag representing In Director 30-Mar-2015Current
Pareshbhai Ramoliya Country flag representing In Director 01-May-2012Current

Financial Performance of Akshar Selection.

Akshar Selection Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.81% decrease. The company also saw a substantial fall in profitability, with a 32.21% decrease in profit. The company's net worth moved up by a moderate rise of 5.84%.

Akshar Selection revenue growth over time
Akshar Selection 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
-36.81%
Revenue from Operations
-36.81%
Total Assets
-24.00%
Profit or Loss
-32.21%
Net Worth
5.84%
EBITDA
0.99%

What is the Ownership and Shareholding Structure of Akshar Selection?

In 2023, Akshar Selection 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

₹32.34 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.68 Cr
  • Tamilnad Mercantile Bank Limited : 1.55 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2023Others₹1.89 MOpen
27 Aug 2023Others₹2.45 MOpen
03 Jul 2020Tamilnad Mercantile Bank Limited₹1.55 CrOpen
26 Oct 2015Others₹1.25 CrOpen
27 Aug 2012Tamilnad Merchantile Bank Ltd₹5.00 MSatisfied

How Many Employees Work at Akshar Selection?

Unlock and access historical data on people associated with Akshar Selection, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Akshar Selection Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 1.89 M with Charge ID 100769191 was registered on 27 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 2.45 M with Charge ID 100769208 was registered on 27 Aug 2023.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 15.50 M registered on 03 Jul 2020 with Charge ID 100355155 was modified on 27 Mar 2021.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 15.50 M with Charge ID 100355155 was registered on 03 Jul 2020.

Frequently asked questions

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

    Akshar Selection Private Limited was incorporated on 01 May 2012.

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

    The authorized share capital of Akshar Selection Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

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

    Currently 2 directors are associated with Akshar Selection Private Limited.

    • Ushaben Pareshbhai Ramoliya
    • Pareshbhai Vinodbhai Ramoliya

  • What is the registered address of Akshar Selection Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akshar Selection Private Limited is Vs-11 2Nd Floor Old Bombay Market Adatia House, Umarwada India, Surat, Gujarat, 395010.

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

    The corporate identification number (CIN) of Akshar Selection Private Limited is U18109GJ2012PTC070141 and the company number is 070141 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Akshar Selection Private Limited has fallen by -36.81%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Akshar Selection Private Limited has experienced an upsurge of 5.84%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Akshar Selection Private Limited amount to ₹ 3.23 Cr.

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

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

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