Akshara Motors Private Limited logo

Akshara Motors Private Limited

Passenger car dealership for Honda Cars India Limited, with 3 showrooms and 2 workshops in Bangalore.
2007 | Bangalore, Karnataka (India) | Active

Last Updated:

July 16, 2024
HomeCompanyAkshara Motors Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Meda Shyam InManaging Director07-Aug-2007Current

Board Members(5)

NameDesignationAppointment DateStatus
Nivedita Shyam In Director 05-Aug-2016Current
Nikhil Gupta In Director 05-Aug-2016Current
Venkata Subramanyaguptha In Director 05-Aug-2016Current
Anupama Guptha In Director 05-Aug-2016Current
Sharmila Meda In Director 07-Aug-2007Current

Financial Performance and Corporate Structure Insights of Akshara Motors.

Akshara Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.48% increase. The company also saw a slight improvement in profitability, with a 5.47% increase in profit. The company's net worth Soared by an impressive increase of 23.76%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
31.48%
Revenue from Operations
32.81%
Total Assets
36.21%
Profit or Loss
5.47%
Net Worth
23.76%
EBITDA
27.83%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹78.65 Cr

₹30.63 Cr

LenderAmountStatus

Others

Creation Date: 27 Aug 2019
₹3.60 CrOpen

Others

Creation Date: 10 Oct 2018
₹10.00 CrOpen

Kotak Mahindra Prime Limited

Creation Date: 28 Mar 2012
₹2.75 CrOpen

How Many Employees Work at Akshara Motors?

Akshara Motors has a workforce of 490 employees as of Mar 23, 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.

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Latest Updates, News, and FAQs on Akshara Motors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 42.00 Cr registered on 16 Mar 2012 with Charge ID 10344154 was modified on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 10 Oct 2018 with Charge ID 100210939 was modified on 27 Dec 2022.

    27 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 3.60 Cr with Charge ID 100293900 was registered on 27 Aug 2019.

    27 Aug 2019

  • Charges

    A charge with Others of Rs. 3.60 Cr registered on 27 Aug 2019 with Charge ID 100293900 was modified on 27 Aug 2019.

    27 Aug 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Akshara Motors Private Limited was incorporated on 07 Aug 2007.

  • The authorized share capital of Akshara Motors Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 6 directors are associated with Akshara Motors Private Limited.

    • Meda Pandurangasetty Shyam
    • Venkata Sathya Subramanyaguptha
    • Anupama Guptha
    • Sharmila Shyam Meda
    • Nikhil Gupta
    • Nivedita Meda Shyam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshara Motors Private Limited is No.27/2 Raghuvanahalli Kanakapura Main RoadUttarahalli Hobli, Bangalore, Karnataka, India, 560062.

  • The corporate identification number (CIN) of Akshara Motors Private Limited is U34100KA2007PTC043553 and the company number is 043553 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshara Motors Private Limited is https://www.magnumhonda.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshara Motors Private Limited has risen by 31.48%.

  • As Per 2023 financial reports, 490 employees are currently employed by Akshara Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshara Motors Private Limited has experienced an upsurge of 23.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshara Motors Private Limited amount to ₹ 78.65 Cr.

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

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