Akshay Software Technologies Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 29-07-2024
- Paid Up Capital ₹ 3.85 Cr
as on 29-07-2024
- Company Age 37 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3.14 Cr
as on 29-07-2024
- Revenue -2.65%
(FY 2023)
- Profit -53.86%
(FY 2023)
- Ebitda 21.91%
(FY 2023)
- Net Worth -7.10%
(FY 2023)
- Total Assets -7.92%
(FY 2023)
About Akshay Software Technologies
The Corporate was formerly known as Akshay Business Services Private Limited. The Company is engaged in the Information Technology 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 10.00 Cr and a paid-up capital of Rs 3.85 Cr.
The company has closed loans amounting to ₹3.14 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Nethraa Ganesan, Satish Venkatraman, and Coimbator Viswanath serve as directors at the Company.
- CIN/LLPIN
U74999MH1987PTC043633
- Company No.
043633
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Jun 1987
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Navi Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Akshay Software Technologies Private Limited offer?
Akshay Software Technologies Private Limited offers a wide range of products and services, including ERP Packages, SAP Software.
Who are the key members and board of directors at Akshay Software Technologies?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Venkatraman  | Additional Director | 19-Apr-2024 | Current |
| Nethraa Ganesan | Additional Director | 05-Mar-2024 | Current |
Coimbator Viswanath  | Director | 04-Jun-1987 | Current |
Financial Performance of Akshay Software Technologies.
Akshay Software Technologies Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.65% decrease. The company also saw a substantial fall in profitability, with a 53.86% decrease in profit. The company's net worth dipped by a decrease of 7.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Akshay Software Technologies?
In 2023, Akshay Software Technologies had a promoter holding of 9.25% and a public holding of 90.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Brassicae Technologies Private LimitedActive 7 years 11 monthsSatish Venkatraman is a mutual person
Charges (Loans)
₹0
₹3.14 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 1.99 Cr
- Union Bank Of India : 1.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2008 | Union Bank Of India | ₹5.00 M | Satisfied |
| 10 Aug 2005 | Union Bank Of India | ₹1.50 M | Satisfied |
| 29 Jan 2004 | Union Bank Of India | ₹5.00 M | Satisfied |
| 19 Feb 1996 | State Bank Of India | ₹1.64 Cr | Satisfied |
| 27 Nov 1993 | State Bank Of India | ₹1.75 M | Satisfied |
How Many Employees Work at Akshay Software Technologies?
Akshay Software Technologies has a workforce of 145 employees as of Apr 10, 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 Akshay Software Technologies, 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 Software Technologies'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.
