Akshay Bearing Limited logo

Akshay Bearing Limited

Manufacturer and exporter of bearings and raw materials for various industries.
2016 | Rajkot, Gujarat (India) | Active

Last Updated:

July 30, 2024
HomeCompanyAkshay Bearing Limited

Who are the key members and board of directors at Akshay Bearing?

Board Members(4)

NameDesignationAppointment DateStatus
Ramesh Khanpara In Director 25-May-2024Current
Kailashben Khanpara In Director 25-May-2024Current
Khanpara Ramesh In Director 17-Apr-2019Current
Jeel Khanpara In Director 15-May-2019Current

Financial Performance of Akshay Bearing.

Akshay Bearing Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.07% increase. The company also saw a substantial improvement in profitability, with a 15.21% increase in profit. The company's net worth Soared by an impressive increase of 54.57%.

Revenue Growth Graph
Profit Loss Graph
  • 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
34.07%
Revenue from Operations
34.05%
Total Assets
26.12%
Profit or Loss
15.21%
Net Worth
54.57%
EBITDA
23.95%

Charges (Loans)

Open Charges

₹48.02 Cr

LenderAmountStatus

Others

Creation Date: 13 Jun 2024
₹22.98 CrOpen

Others

Creation Date: 14 May 2024
₹4.70 CrOpen

Others

Creation Date: 16 Mar 2024
₹11.85 CrOpen

How Many Employees Work at Akshay Bearing?

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

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Akshay Bearing

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 22.98 Cr with Charge ID 100937115 was registered on 13 Jun 2024.

    13 Jun 2024

  • Director Appointment

    Ramesh Chanabhai Khanpara was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 7 months 16 days .

    25 May 2024

  • Director Appointment

    Kailashben Rameshbhai Khanpara was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 7 months 16 days .

    25 May 2024

  • Charges

    A charge with Others amounted to Rs. 4.70 Cr with Charge ID 100931537 was registered on 14 May 2024.

    14 May 2024

  • Charges

    A charge with Others amounted to Rs. 11.85 Cr with Charge ID 100911590 was registered on 16 Mar 2024.

    16 Mar 2024

  • Annual General Meeting

    Akshay Bearing Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Akshay Bearing Limited was incorporated on 22 Apr 2016.

  • The authorized share capital of Akshay Bearing Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 4 directors are associated with Akshay Bearing Limited.

    • Ramesh Chanabhai Khanpara
    • Kailashben Rameshbhai Khanpara
    • Khanpara Akshay Ramesh
    • Jeel Rameshbhai Khanpara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshay Bearing Limited is Plot. No. 2511 Road H1 Nr. Bhoomi Cements Metoda Gidc Ta Lodh, Ika, Rajkot, Gujarat, India, 360027.

  • The corporate identification number (CIN) of Akshay Bearing Limited is U29259GJ2016PLC091642 and the company number is 091642 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshay Bearing Limited is https://www.ablbearing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshay Bearing Limited has risen by 34.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshay Bearing Limited has experienced an upsurge of 54.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshay Bearing Limited amount to ₹ 48.02 Cr.

  • The most recent Balance Sheet for Akshay Bearing Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Auto Parts & Components