Akshay Retail Ventures Private Limited

Authorized dealer of Honda, offering various models, incorporated in 2012.

2012 | Dhule, Maharashtra (India) | Active
Last Updated: January 09, 2025

Akshay Retail Ventures Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 18.75 Cr
  • Revenue Growth -90.90%
  • Profit Growth 117.65%
  • Ebitda -90.39%
  • Net Worth 1.18%
  • Total Assets -0.88%

About Akshay Retail Ventures

Akshay Retail Ventures Private Limited (ARVPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 August 2012 and has a history of 12 years and six months. Its registered office is in Dhule, Maharashtra, India.

The Corporate was formerly known as Akshay Cars Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.25 Cr.

The company has closed loans amounting to ₹18.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Preeti Jakhete, Aditya Prakash, and Akshay Prakash serve as directors at the Company.

Company Details

  • Location

    Dhule, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2012PTC234404

  • Company No.

    234404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2012

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

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

Board Members (3)

NameDesignationAppointment DateStatus
Preeti Jakhete Country flag representing In Director 13-Aug-2012Current
Aditya Prakash Country flag representing In Director 11-Jan-2023Current
Akshay Prakash Country flag representing In Director 20-Jun-2023Current

Financial Performance of Akshay Retail Ventures.

Akshay Retail Ventures Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 90.9% decrease. The company also saw a substantial improvement in profitability, with a 117.65% increase in profit. The company's net worth moved up by a moderate rise of 1.18%.

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
-90.90%
Revenue from Operations
-92.60%
Total Assets
-0.88%
Profit or Loss
117.65%
Net Worth
1.18%
EBITDA
-90.39%

What is the Ownership and Shareholding Structure of Akshay Retail Ventures?

In 2020, Akshay Retail Ventures 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

₹0

Satisfied Charges

₹18.75 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 18.75 Cr

Latest Charge Details

DateLenderAmountStatus
05 Sep 2017State Bank Of India₹18.75 CrSatisfied

How Many Employees Work at Akshay Retail Ventures?

Unlock and access historical data on people associated with Akshay Retail Ventures, 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 Retail Ventures, 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 Retail Ventures'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 Retail Ventures

Recent activity within the organization

  • Annual General Meeting

    Akshay Retail Ventures Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Akshay Retail Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Akshay Jakhete Prakash was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 8 months .

    20 Jun 2023

  • Director Appointment

    Aditya Jakhete Prakash was appointed as a Director was appointed as a Director on 11 Jan 2023 & has been associated with this company since 2 years 1 month .

    11 Jan 2023

  • Charges

    A charge registered on 05 Sep 2017 via Charge ID 100125539 with State Bank Of India was fully satisfied on 06 Oct 2018.

    06 Oct 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 18.75 Cr with Charge ID 100125539 was registered on 05 Sep 2017.

    05 Sep 2017

Frequently asked questions

  • Akshay Retail Ventures Private Limited was incorporated on 13 Aug 2012.

  • The authorized share capital of Akshay Retail Ventures Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.

  • Currently 3 directors are associated with Akshay Retail Ventures Private Limited.

    • Preeti Prakash Jakhete
    • Aditya Jakhete Prakash
    • Akshay Jakhete Prakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshay Retail Ventures Private Limited is Akshay Cars Pvt Ltd Plot No P-21 Midc Awdhan India, Dhule, Maharashtra, 424001.

  • The corporate identification number (CIN) of Akshay Retail Ventures Private Limited is U74120MH2012PTC234404 and the company number is 234404 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Akshay Retail Ventures Private Limited has fallen by -90.90%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Akshay Retail Ventures Private Limited has experienced an upsurge of 1.18%.

  • The most recent Balance Sheet for Akshay Retail Ventures Private Limited was filed with the ROC on 31 Mar 2024.