Akshara Motors Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 75.05 Cr
- Satisfied Charges ₹ 34.23 Cr
- Revenue Growth 31.48%
- Profit Growth 5.47%
- Ebitda 27.83%
- Net Worth 23.76%
- Total Assets 36.21%
About Akshara Motors
Akshara Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 2007 and has a history of 17 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹75.05 Cr. The company has closed loans amounting to ₹34.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkata Subramanyaguptha, Nivedita Shyam, Nikhil Gupta, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34100KA2007PTC043553
- Company No.
043553
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Aug 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
What products or services does Akshara Motors Private Limited offer?
Akshara Motors Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Bus, Trucks, Cars, Motor Cars, School Bus.
Akshara Motors Private Limited
Explore comprehensive data for Akshara Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Akshara Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meda Shyam  | Managing Director | 07-Aug-2007 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nivedita Shyam | Director | 05-Aug-2016 | Current |
| Nikhil Gupta | Director | 05-Aug-2016 | Current |
| Venkata Subramanyaguptha | Director | 05-Aug-2016 | Current |
| Sharmila Meda | Director | 07-Aug-2007 | Current |
| Anupama Guptha | Director | 05-Aug-2016 | Current |
Financial Performance 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%.
- 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 Akshara Motors?
In 2023, Akshara Motors had a promoter holding of 33.33% and a public holding of 66.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Krishna Industries Private LimitedMeda Shyam is a mutual person
Advaith Motors Private LimitedVenkata Subramanyaguptha, Sharmila Meda and 2 more are mutual person
- Advaith Spares And Accessories Private Limited
Venkata Subramanyaguptha and Anupama Guptha are mutual person
Popo Ventures Private LimitedNikhil Gupta is a mutual person
Cauvery Motors Private LimitedVenkata Subramanyaguptha, Nivedita Shyam and 4 more are mutual person
Advaith Aerospace Private LimitedAnupama Guptha is a mutual person
Charges (Loans)
Open Charges
₹75.05 Cr
Satisfied Charges
₹34.23 Cr
Charges Breakdown by Lending Institutions
- Others : 62.30 Cr
- Kotak Mahindra Prime Limited : 12.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2018 | Others | ₹10.00 Cr | Open |
| 28 Mar 2012 | Kotak Mahindra Prime Limited | ₹2.75 Cr | Open |
| 16 Mar 2012 | Others | ₹42.00 Cr | Open |
| 05 May 2009 | Others | ₹10.30 Cr | Open |
| 19 May 2008 | Kotak Mahindra Prime Limited | ₹10.00 Cr | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akshara Motors, 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 Motors'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.
Latest Updates, News, and FAQs on Akshara Motors
Recent activity within the organization
- Charges
A charge registered on 27 Aug 2019 via Charge ID 100293900 with Others was fully satisfied on 20 Nov 2024.
- Annual General Meeting
Akshara Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Akshara Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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.
- 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.
- Charges
A charge with Others amounted to Rs. 3.60 Cr with Charge ID 100293900 was registered on 27 Aug 2019.
Recent News, Updates & Announcement
Turtle Entertainment picks up small stake in Nazara Games.The Indian e-sports gaming company has a five year contract with ESL, with the focus being on developing the e-sports gaming market across emerging markets, beginning with India..
Frequently asked questions
What is the Incorporation or founding date of Akshara Motors Private Limited?
Akshara Motors Private Limited was incorporated on 07 Aug 2007.
What is authorized share capital and paid-up capital of Akshara Motors Private Limited?
The authorized share capital of Akshara Motors Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Akshara Motors Private Limited?
Currently 6 directors are associated with Akshara Motors Private Limited.
- Venkata Sathya Subramanyaguptha
- Nivedita Meda Shyam
- Nikhil Gupta
- Sharmila Shyam Meda
- Anupama Guptha
- Meda Pandurangasetty Shyam
What is the registered address of Akshara Motors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akshara Motors Private Limited is No.27/2 Raghuvanahalli Kanakapura Main Road, Uttarahalli Hobli India, Bangalore, Karnataka, 560062.
What is the corporate identification number (CIN) and company number of Akshara Motors Private Limited?
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).
What is the official website of Akshara Motors Private Limited?
The Official website of Akshara Motors Private Limited is https://www.magnumhonda.com
What has been the recent revenue trend for Akshara Motors Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Akshara Motors Private Limited has risen by 31.48%.
How many employees does Akshara Motors Private Limited currently have?
As Per 2023 financial reports, 490 employees are currently employed by Akshara Motors Private Limited.
What change has been observed in the net worth of Akshara Motors Private Limited, and by what percentage?
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%.
What are the total open charges for Akshara Motors Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Akshara Motors Private Limited amount to ₹ 75.05 Cr.
When was the last Balance Sheet of Akshara Motors Private Limited filed with the ROC?
The most recent Balance Sheet for Akshara Motors Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
MS
Meda SettyDirector
Similar Companies Based on Auto Dealership & Trading
Renault India Private Limited Kanchipuram, Tamil Nadu, India
Pps Motors Private Limited Hyderabad, Telangana, India
My Car (Pune) Private Limited Pune, Maharashtra, India
Mobis India Limited Kanchipuram, Tamil Nadu, India
Varun Motors Private Limited Visakhapatnam, Andhra Pradesh, India
Automotive Manufacturers Private Limited Mumbai, Maharashtra, India
Cie Automotive India Limited Mumbai, Maharashtra, India
Sai Service Private Limited Pune, Maharashtra, India