Akshat Cooling Towers Private Limited

Manufacturer of cooling towers and spare parts, offering maintenance and replacement services for various brands.

1999 | Valsad, Gujarat (India) | Active
Last Updated: January 10, 2025

Akshat Cooling Towers Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.03 M
  • Satisfied Charges ₹ 4.22 M
  • Revenue Growth -21.62%
  • Profit Growth -593.77%
  • Ebitda -37.04%
  • Net Worth -52.28%
  • Total Assets -4.43%

About Akshat Cooling Towers

Akshat Cooling Towers Private Limited (ACTPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 June 1999 and has a history of 25 years and seven months. Its registered office is in Valsad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 0.99 M.

The company currently has active open charges totaling ₹3.03 M. The company has closed loans amounting to ₹4.22 M, as per Ministry of Corporate Affairs (MCA) records.

Dipak Naik, Krupali Naik, and Hema Naik serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29190GJ1999PTC036138

  • Company No.

    036138

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Akshat Cooling Towers Private Limited offer?

Akshat Cooling Towers Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Cooling Towers, Cooling Tower Parts, FRP Cooling Towers, Square cooling tower, Industrial & Metal Fabrication, Industrial Fabrication, Induced Draft Cooling Tower, Bottle Shaped Cooling Tower.

Who are the key members and board of directors at Akshat Cooling Towers?

Board Members (3)

Name Designation Appointment Date Status
Krupali Naik Country flag representing In Director 11-Jun-1999 Current
Dipak Naik Country flag representing In Director 11-Jun-1999 Current
Hema Naik Country flag representing In Director 11-Jun-1999 Current

Financial Performance of Akshat Cooling Towers.

Akshat Cooling Towers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 21.62% decrease. The company also saw a substantial fall in profitability, with a 593.77% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.28%.

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
-21.62%
Revenue from Operations
-21.68%
Total Assets
-4.43%
Profit or Loss
-593.77%
Net Worth
-52.28%
EBITDA
-37.04%

What is the Ownership and Shareholding Structure of Akshat Cooling Towers?

In 2018, Akshat Cooling Towers 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

₹3.03 M

Satisfied Charges

₹4.22 M

Charges Breakdown by Lending Institutions

  • Others : 0.18 Cr
  • Axis Bank Limited : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2022 Axis Bank Limited ₹1.25 M Open
13 Feb 2019 Others ₹1.79 M Open
21 Aug 2017 Axis Bank Limited ₹1.22 M Satisfied
15 Jun 2006 Bank Of Baroda ₹3.00 M Satisfied

How Many Employees Work at Akshat Cooling Towers?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshat Cooling Towers, 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 Akshat Cooling Towers'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 Akshat Cooling Towers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Akshat Cooling Towers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 1.79 M registered on 13 Feb 2019 with Charge ID 100238268 was modified on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.25 M with Charge ID 100605724 was registered on 02 Aug 2022.

    02 Aug 2022

  • Charges

    A charge registered on 21 Aug 2017 via Charge ID 100129324 with Axis Bank Limited was fully satisfied on 25 Sep 2020.

    25 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 1.79 M with Charge ID 100238268 was registered on 13 Feb 2019.

    13 Feb 2019

Frequently asked questions

  • Akshat Cooling Towers Private Limited was incorporated on 11 Jun 1999.

  • The authorized share capital of Akshat Cooling Towers Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.99 M.

  • Currently 3 directors are associated with Akshat Cooling Towers Private Limited.

    • Dipak Khanderav Naik
    • Krupali Dipak Naik
    • Hema Prahlad Naik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshat Cooling Towers Private Limited is Plot No. 10 Survey 1559, 1560 Nr Gidc Pardi India, Balda, Gujarat, 396125.

  • The corporate identification number (CIN) of Akshat Cooling Towers Private Limited is U29190GJ1999PTC036138 and the company number is 036138 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshat Cooling Towers Private Limited is https://www.akshatcoolingtowers.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Akshat Cooling Towers Private Limited has fallen by -21.62%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Akshat Cooling Towers Private Limited has experienced an downturn of -52.28%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Akshat Cooling Towers Private Limited amount to ₹ 3.03 M.

  • The most recent Balance Sheet for Akshat Cooling Towers Private Limited was filed with the ROC on 31 Mar 2024.

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