Akshay Khandelwal Tubes & Ispat Private Limited

Founded in 2011 and headquartered in Orissa, India.

2011 | Khorda, Odisha (India) | Active
Last Updated: December 06, 2024

Akshay Khandelwal Tubes & Ispat Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.23 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 9.65 Cr
  • Satisfied Charges ₹ 4.75 Cr
  • Revenue Growth -93.61%
  • Profit Growth -80.38%
  • Ebitda 187.75%
  • Net Worth -61.85%
  • Total Assets -10.20%

About Akshay Khandelwal Tubes & Ispat

Akshay Khandelwal Tubes & Ispat Private Limited (AKTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 2011 and has a history of 13 years and eight months. Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.23 M.

The company currently has active open charges totaling ₹9.65 Cr. The company has closed loans amounting to ₹4.75 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51495OR2011PTC013606

  • Company No.

    013606

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2011

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

What products or services does Akshay Khandelwal Tubes & Ispat Private Limited offer?

Akshay Khandelwal Tubes & Ispat Private Limited offers a wide range of products and services, including Aluminum, Brass, Bronze Pipes, Iron Pipe, Scaffolding Pipes and Fittings, Scaffolding Jack, PVC, FRP, HDPE & Other Plastic Pipes, Borewell Pipes, Scaffolding Props & Spans, Scaffolding Pipes, Street, Flood and Commercial Lights, Lighting Poles.

Who are the key members and board of directors at Akshay Khandelwal Tubes & Ispat?

Executive Team (1)

Name Designation Appointment Date Status
Akshay Khandelwal Country flag representing In Managing Director 10-May-2011 Current

Board Members (1)

Name Designation Appointment Date Status
Sudha Khandelwal Country flag representing In Director 10-May-2011 Current

Financial Performance of Akshay Khandelwal Tubes & Ispat.

Akshay Khandelwal Tubes & Ispat Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 93.61% decrease. The company also saw a substantial fall in profitability, with a 80.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 61.85%.

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
-93.61%
Revenue from Operations
-93.60%
Total Assets
-10.20%
Profit or Loss
-80.38%
Net Worth
-61.85%
EBITDA
187.75%

What is the Ownership and Shareholding Structure of Akshay Khandelwal Tubes & Ispat?

In 2020, Akshay Khandelwal Tubes & Ispat 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

₹96.50 M

Satisfied Charges

₹47.50 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.75 Cr
  • Others : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
15 Jul 2020 Others ₹9.00 M Open
20 Jan 2018 Canara Bank ₹4.00 M Open
07 Jun 2016 Canara Bank ₹5.00 M Open
16 Oct 2015 Canara Bank ₹2.35 Cr Open
27 Mar 2013 Canara Bank ₹5.50 Cr Open

How Many Employees Work at Akshay Khandelwal Tubes & Ispat?

Unlock and access historical data on people associated with Akshay Khandelwal Tubes & Ispat, 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 Akshay Khandelwal Tubes & Ispat, 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 Khandelwal Tubes & Ispat'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 Akshay Khandelwal Tubes & Ispat

Recent activity within the organization

  • Annual General Meeting

    Akshay Khandelwal Tubes & Ispat Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 9.00 M with Charge ID 100348763 was registered on 15 Jul 2020.

    15 Jul 2020

  • Balance Sheet

    Akshay Khandelwal Tubes & Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Cuttack.

    31 Mar 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 4.00 M with Charge ID 100164384 was registered on 20 Jan 2018.

    20 Jan 2018

  • Charges

    A charge with Canara Bank amounted to Rs. 5.00 M with Charge ID 100040072 was registered on 07 Jun 2016.

    07 Jun 2016

  • Charges

    A charge with Canara Bank amounted to Rs. 23.50 M with Charge ID 10602714 was registered on 16 Oct 2015.

    16 Oct 2015

Frequently asked questions

  • Akshay Khandelwal Tubes & Ispat Private Limited was incorporated on 10 May 2011.

  • The authorized share capital of Akshay Khandelwal Tubes & Ispat Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.23 M.

  • Currently 2 directors are associated with Akshay Khandelwal Tubes & Ispat Private Limited.

    • Sudha Khandelwal
    • Akshay Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshay Khandelwal Tubes & Ispat Private Limited is 303 Bomikhal, Cuttack Road India, Bhubaneswar, Orissa, 751006.

  • The corporate identification number (CIN) of Akshay Khandelwal Tubes & Ispat Private Limited is U51495OR2011PTC013606 and the company number is 013606 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshay Khandelwal Tubes & Ispat Private Limited is https://www.khandelwalodisha.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Akshay Khandelwal Tubes & Ispat Private Limited has fallen by -93.61%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Akshay Khandelwal Tubes & Ispat Private Limited has experienced an downturn of -61.85%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Akshay Khandelwal Tubes & Ispat Private Limited amount to ₹ 9.65 Cr.

  • The most recent Balance Sheet for Akshay Khandelwal Tubes & Ispat Private Limited was filed with the ROC on 31 Mar 2020.