Akshay Steel Works Pvt. Ltd.

Manufacturer and trader of iron and steel products, established in 1994 in Kolkata.

1994 | Kolkata, West Bengal (India) | Active
Last Updated:

Akshay Steel Works Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.57 Cr
  • Satisfied Charges ₹ 11.69 Cr
  • Revenue Growth 16.84%
  • Profit Growth -23.64%
  • Ebitda 22.69%
  • Net Worth 2.97%
  • Total Assets 23.57%

About Akshay Steel Works

Akshay Steel Works Pvt. Ltd. (ASWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 December 1994 and has a history of 30 years and four months. Its registered office is in Kolkata, West Bengal, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹41.57 Cr. The company has closed loans amounting to ₹11.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajender Sachdev, Akshay Sachdev, and Mihir Sachdev serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29212WB1994PTC066683

  • Company No.

    066683

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Dec 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Company report

Akshay Steel Works Pvt. Ltd.

Explore comprehensive data for Akshay Steel Works Pvt. Ltd., including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajender Sachdev Country flag representing In Managing Director16-Dec-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Akshay Sachdev Country flag representing In Director 01-Nov-2014Current
Mihir Sachdev Country flag representing In Director 26-Mar-2021Current

Financial Performance of Akshay Steel Works.

Akshay Steel Works Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 16.84% increase. The company also saw a substantial fall in profitability, with a 23.64% decrease in profit. The company's net worth moved up by a moderate rise of 2.97%.

Akshay Steel Works revenue growth over time
Akshay Steel Works 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
16.84%
Revenue from Operations
16.89%
Total Assets
23.57%
Profit or Loss
-23.64%
Net Worth
2.97%
EBITDA
22.69%

What is the Ownership and Shareholding Structure of Akshay Steel Works?

In 2023, Akshay Steel Works 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

₹41.57 Cr

Satisfied Charges

₹11.69 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.57 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024Hdfc Bank Limited₹13.86 CrOpen
10 Jun 2020Hdfc Bank Limited₹13.86 CrOpen
17 Sep 2018Hdfc Bank Limited₹13.86 CrOpen
16 Aug 2017Axis Bank Limited₹1.20 CrSatisfied
08 Feb 2013Axis Bank Limited₹6.35 CrSatisfied

How Many Employees Work at Akshay Steel Works?

Akshay Steel Works has a workforce of 62 employees as of Apr 06, 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.

Employee growth trends for Akshay Steel Works Pvt. Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshay Steel Works, 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 Steel Works'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 Steel Works

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.86 Cr registered on 17 Sep 2018 with Charge ID 100228820 was modified on 19 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.86 Cr registered on 07 Mar 2024 with Charge ID 100893321 was modified on 30 May 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.86 Cr registered on 10 Jun 2020 with Charge ID 100394302 was modified on 22 May 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.86 Cr with Charge ID 100893321 was registered on 07 Mar 2024.

  • Annual General Meeting

    Akshay Steel Works Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Akshay Steel Works Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

Frequently asked questions

  • What is the Incorporation or founding date of Akshay Steel Works Pvt. Ltd.?

    Akshay Steel Works Pvt. Ltd. was incorporated on 16 Dec 1994.

  • What is authorized share capital and paid-up capital of Akshay Steel Works Pvt. Ltd.?

    The authorized share capital of Akshay Steel Works Pvt. Ltd. is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Akshay Steel Works Pvt. Ltd.?

    Currently 3 directors are associated with Akshay Steel Works Pvt. Ltd..

    • Rajender Sachdev
    • Akshay Sachdev
    • Mihir Sachdev

  • What is the registered address of Akshay Steel Works Pvt. Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akshay Steel Works Pvt. Ltd. is Room No-3 Flat No-L/62/0506 Building No- L(62-63) Phase-4Spriha BlockSukhobrishtiPhase-, 2AN.Town, Kolkata, West Bengal, India, 700135.

  • What is the corporate identification number (CIN) and company number of Akshay Steel Works Pvt. Ltd.?

    The corporate identification number (CIN) of Akshay Steel Works Pvt. Ltd. is U29212WB1994PTC066683 and the company number is 066683 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akshay Steel Works Pvt. Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akshay Steel Works Pvt. Ltd. has risen by 16.84%.

  • How many employees does Akshay Steel Works Pvt. Ltd. currently have?

    As Per 2023 financial reports, 62 employees are currently employed by Akshay Steel Works Pvt. Ltd..

  • What change has been observed in the net worth of Akshay Steel Works Pvt. Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Akshay Steel Works Pvt. Ltd. has experienced an upsurge of 2.97%.

  • What are the total open charges for Akshay Steel Works Pvt. Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Akshay Steel Works Pvt. Ltd. amount to ₹ 41.57 Cr.

  • When was the last Balance Sheet of Akshay Steel Works Pvt. Ltd. filed with the ROC?

    The most recent Balance Sheet for Akshay Steel Works Pvt. Ltd. was filed with the ROC on 31 Mar 2023.

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