Akshay Bearing Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 8 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 48.02 Cr
- Revenue Growth 34.07%
- Profit Growth 15.21%
- Ebitda 23.95%
- Net Worth 54.57%
- Total Assets 26.12%
About Akshay Bearing
Akshay Bearing Limited (ABL) is a Public Limited Indian Non-Government Company incorporated in India on 22 April 2016 (Eight years and nine months 19 days old ). Its registered office is in Rajkot, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹48.02 Cr.
Ramesh Khanpara, Kailashben Khanpara, Khanpara Ramesh, and One other member serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29259GJ2016PLC091642
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Company No.
091642
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
22 Apr 2016
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Akshay Bearing Limited offer?
Akshay Bearing Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Industrial Bearings, Automotive Bearings, Automotive Wheel Bearing, Tractor Shafts & Transmission Parts, Tractor Bearing, Roller Bearings, Tapered Roller Bearings, Ball Bearings, Insert Ball Bearing Units.
Who are the key members and board of directors at Akshay Bearing?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Khanpara
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Director | 25-May-2024 | Current |
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Kailashben Khanpara
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Director | 25-May-2024 | Current |
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Khanpara Ramesh
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Director | 17-Apr-2019 | Current |
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Jeel Khanpara
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Director | 15-May-2019 | Current |
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%.
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What is the Ownership and Shareholding Structure of Akshay Bearing?
In 2023, Akshay Bearing had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹48.02 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 39.53 Cr
- Axis Bank Limited : 5.78 Cr
- Hdfc Bank Limited : 2.71 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2024 | Others | ₹22.98 Cr | Open |
| 14 May 2024 | Others | ₹4.70 Cr | Open |
| 16 Mar 2024 | Others | ₹11.85 Cr | Open |
| 19 Apr 2023 | Hdfc Bank Limited | ₹2.32 Cr | Open |
| 25 Mar 2022 | Hdfc Bank Limited | ₹3.91 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akshay Bearing, 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 Akshay Bearing'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.
