Akshara Industries Private Limited

Manufactures sponge iron for steel production in Tamil Nadu with 200TPD/60,000 TPA capacity.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Akshara Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.50 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 37.09 Cr
  • Revenue Growth 45.58%
  • Profit Growth -6.85%
  • Ebitda -4.39%
  • Net Worth 24.68%
  • Total Assets 9.03%

About Akshara Industries

Akshara Industries Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 2004 and has a history of 20 years and nine months. Its registered office is in Chennai, Tamil Nadu.

The Corporate was formerly known as Akshara Industries Limited. 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 7.50 Cr and a paid-up capital of Rs 6.50 Cr.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹37.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivek Tibrewala, Anurag Tibrewala, and Aditya Tibrewala serve as directors at the Company.

Company Details

  • Location
    Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102TN2004PTC052914

  • Company No.

    052914

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Akshara Industries?

Board Members (3)

Name Designation Appointment Date Status
Vivek Tibrewala Country flag representing In Whole-Time Director 07-Apr-2004 Current
Anurag Tibrewala Country flag representing In Director 07-Apr-2004 Current
Aditya Tibrewala Country flag representing In Director 07-Apr-2004 Current

Financial Performance of Akshara Industries.

Akshara Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.58% increase. The company also saw a slight decrease in profitability, with a 6.85% decrease in profit. The company's net worth Soared by an impressive increase of 24.68%.

Graph illustrating revenue growth over time
Graph showing 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
45.58%
Revenue from Operations
45.93%
Total Assets
9.03%
Profit or Loss
-6.85%
Net Worth
24.68%
EBITDA
-4.39%

What is the Ownership and Shareholding Structure of Akshara Industries?

In 2023, Akshara Industries 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

₹50.00 Cr

Satisfied Charges

₹37.09 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2006 State Bank Of India ₹50.00 Cr Open
01 Jan 2010 Srei Equipment Finance Private Limited ₹1.86 M Satisfied
30 Oct 2006 Central Bank Of India Limited ₹4.85 Cr Satisfied
30 Oct 2006 Uco Bank ₹10.00 Cr Satisfied
15 Sep 2004 Oriental Bank Of Commerce ₹22.05 Cr Satisfied

How Many Employees Work at Akshara Industries?

Akshara Industries has a workforce of 90 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshara Industries, 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 Akshara Industries'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 Akshara Industries

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 50.00 Cr registered on 30 Oct 2006 with Charge ID 10026424 was modified on 26 Oct 2023.

    26 Oct 2023

  • Annual General Meeting

    Akshara Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akshara Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 15 Sep 2004 via Charge ID 90290484 with Oriental Bank Of Commerce was fully satisfied on 18 Mar 2013.

    18 Mar 2013

  • Charges

    A charge registered on 01 Jan 2010 via Charge ID 10203104 with Srei Equipment Finance Private Limited was fully satisfied on 17 Feb 2012.

    17 Feb 2012

  • Charges

    A charge registered on 30 Oct 2006 via Charge ID 10030381 with Uco Bank was fully satisfied on 09 Nov 2010.

    09 Nov 2010

Frequently asked questions

  • Akshara Industries Private Limited was incorporated on 07 Apr 2004.

  • The authorized share capital of Akshara Industries Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.50 Cr.

  • Currently 3 directors are associated with Akshara Industries Private Limited.

    • Vivek Tibrewala
    • Anurag Tibrewala
    • Aditya Tibrewala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshara Industries Private Limited is 183/1 Sydenhams Road Ii Floor Apparao Garden, Choolai India, Chennai, Tamil Nadu, 600112.

  • The corporate identification number (CIN) of Akshara Industries Private Limited is U27102TN2004PTC052914 and the company number is 052914 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshara Industries Private Limited is https://www.aksharaind.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshara Industries Private Limited has risen by 45.58%.

  • As Per 2023 financial reports, 90 employees are currently employed by Akshara Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshara Industries Private Limited has experienced an upsurge of 24.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshara Industries Private Limited amount to ₹ 50.00 Cr.

  • The most recent Balance Sheet for Akshara Industries Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing