Akshat Papers Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 15.00 Cr
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.51 Cr
- Satisfied Charges ₹ 46.10 Cr
- Revenue Growth 7.20%
- Profit Growth 12.16%
- Ebitda -3.31%
- Net Worth 3.67%
- Total Assets -0.86%
About Akshat Papers
Akshat Papers Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 February 1996 and has a history of 29 years and two months. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing 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 15.00 Cr and a paid-up capital of Rs 15.00 Cr.
The company currently has active open charges totaling ₹43.51 Cr. The company has closed loans amounting to ₹46.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Akshat Papers Limited India is Arnav Singal as CFO. Rajgiri Gauswami, Akshat Suresh, and Arnav Singal 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
U21010GJ1996PLC028906
- Company No.
028906
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Feb 1996
- Date of AGM
31 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Akshat Papers Limited
Explore comprehensive data for Akshat Papers Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Akshat Papers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshat Suresh  | Managing Director | 01-Jun-2013 | Current |
| Arnav Singal | CFO | 15-Mar-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arnav Singal | Director | 15-Jul-2013 | Current |
| Rajgiri Gauswami | Additional Director | 23-May-2020 | Current |
Financial Performance of Akshat Papers.
Akshat Papers Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.2% increase. The company also saw a substantial improvement in profitability, with a 12.16% increase in profit. The company's net worth moved up by a moderate rise of 3.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akshat Papers?
In 2022, Akshat Papers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Akshat Suresh and Arnav Singal are mutual person
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Akshat Suresh and Arnav Singal are mutual person
Charges (Loans)
Open Charges
₹43.51 Cr
Satisfied Charges
₹46.10 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 43.20 Cr
- Others : 0.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2022 | Others | ₹1.54 M | Open |
| 19 Apr 2022 | Others | ₹1.54 M | Open |
| 26 Mar 1998 | Bank Of India | ₹43.20 Cr | Open |
| 05 May 2012 | Bank Of India | ₹28.55 Cr | Satisfied |
| 02 Sep 1998 | Industrial Development Bank Of India | ₹2.20 Cr | Satisfied |
How Many Employees Work at Akshat Papers?
Akshat Papers has a workforce of 6 employees as of Mar 29, 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 Akshat Papers, 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 Papers'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 Akshat Papers
Recent activity within the organization
- Annual General Meeting
Akshat Papers Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.
- Balance Sheet
Akshat Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Bank Of India of Rs. 43.20 Cr registered on 26 Mar 1998 with Charge ID 90312688 was modified on 07 Mar 2023.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100582796 was registered on 06 Jun 2022.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100563155 was registered on 19 Apr 2022.
- Director Appointment
Arnav Suresh Singal was appointed as a Cfo was appointed as a Cfo on 15 Mar 2021 & has been associated with this company since 4 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Akshat Papers Limited?
Akshat Papers Limited was incorporated on 23 Feb 1996.
What is authorized share capital and paid-up capital of Akshat Papers Limited?
The authorized share capital of Akshat Papers Limited is ₹ 15.00 Cr and paid-up capital is ₹ 15.00 Cr.
Who are the current board members & directors of Akshat Papers Limited?
Currently 4 directors are associated with Akshat Papers Limited.
- Rajgiri Narsinhgiri Gauswami
- Akshat Singal Suresh
- Arnav Suresh Singal
- Arnav Suresh Singal
What is the registered address of Akshat Papers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akshat Papers Limited is Block No. 232 Village : Tarsadi Tal Mahuva, Mahuva Bardoli Road India, Surat, Gujarat, 394250.
What is the corporate identification number (CIN) and company number of Akshat Papers Limited?
The corporate identification number (CIN) of Akshat Papers Limited is U21010GJ1996PLC028906 and the company number is 028906 as per Ministry of Corporate Affairs (MCA).
What is the official website of Akshat Papers Limited?
The Official website of Akshat Papers Limited is https://www.akshatpapers.com
What has been the recent revenue trend for Akshat Papers Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Akshat Papers Limited has risen by 7.20%.
How many employees does Akshat Papers Limited currently have?
As Per 2022 financial reports, 6 employees are currently employed by Akshat Papers Limited.
What change has been observed in the net worth of Akshat Papers Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Akshat Papers Limited has experienced an upsurge of 3.67%.
What are the total open charges for Akshat Papers Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Akshat Papers Limited amount to ₹ 43.51 Cr.
When was the last Balance Sheet of Akshat Papers Limited filed with the ROC?
The most recent Balance Sheet for Akshat Papers Limited was filed with the ROC on 31 Mar 2024.
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