Akshar Selection Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.20 M
- Company Age 12 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- 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 nine 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 2023. 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.
Pareshbhai Ramoliya and Ushaben 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 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 Selection?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pareshbhai Ramoliya
|
Director | 01-May-2012 | Current |
|
Ushaben Ramoliya
|
Director | 30-Mar-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
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.
Charges (Loans)
₹32.34 M
₹5.00 M
Charges Breakdown by Lending Institutions
- Others : 1.68 Cr
- Tamilnad Mercantile Bank Limited : 1.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2023 | Others | ₹1.89 M | Open |
| 27 Aug 2023 | Others | ₹2.45 M | Open |
| 03 Jul 2020 | Tamilnad Mercantile Bank Limited | ₹1.55 Cr | Open |
| 26 Oct 2015 | Others | ₹1.25 Cr | Open |
| 27 Aug 2012 | Tamilnad Merchantile Bank Ltd | ₹5.00 M | Satisfied |
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.
Deals i
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
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.
