Akshay Tools Private Limited

Manufactures and sells hand and power tools, appliances, and allied products in India and abroad.

1996 | Nashik, Maharashtra (India) | Active
Last Updated: December 20, 2024

Akshay Tools Profile

Key Indicators

  • Authorised Capital ₹ 0.70 M
  • Paid Up Capital ₹ 0.27 M
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -51.93%
  • Profit Growth -55.22%
  • Ebitda -85.55%
  • Net Worth 14.64%
  • Total Assets -26.24%

About Akshay Tools

Akshay Tools Private Limited (ATPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 August 1996 and has a history of 28 years and six months. Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Energy And Power 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 0.70 M and a paid-up capital of Rs 0.27 M, as per Ministry of Corporate Affairs (MCA) records.

Lisha Taskar and Nitish Taskar serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28930MH1996PTC101528

  • Company No.

    101528

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

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

Board Members (2)

NameDesignationAppointment DateStatus
Nitish Taskar Country flag representing In Director 30-Sep-2017Current
Lisha Taskar Country flag representing In Director 30-Sep-2017Current

Financial Performance of Akshay Tools.

Akshay Tools Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 51.93% decrease. The company also saw a substantial fall in profitability, with a 55.22% decrease in profit. The company's net worth Soared by an impressive increase of 14.64%.

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
-51.93%
Revenue from Operations
-53.41%
Total Assets
-26.24%
Profit or Loss
-55.22%
Net Worth
14.64%
EBITDA
-85.55%

What is the Ownership and Shareholding Structure of Akshay Tools?

In 2017, Akshay Tools 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Akshay Tools?

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

Recent activity within the organization

  • Annual General Meeting

    Akshay Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Lisha Ulhas Taskar was appointed as a Director was appointed as a Director on 30 Sep 2017 & has been associated with this company since 7 years 4 months .

    30 Sep 2017

  • Director Appointment

    Nitish Ulhas Taskar was appointed as a Director was appointed as a Director on 30 Sep 2017 & has been associated with this company since 7 years 4 months .

    30 Sep 2017

  • Company Incorporation

    Akshay Tools Private Limited was registered on 01 Aug 1996 with Roc Mumbai & aged 28 years 6 months as per MCA records.

    01 Aug 1996

Frequently asked questions

  • Akshay Tools Private Limited was incorporated on 01 Aug 1996.

  • The authorized share capital of Akshay Tools Private Limited is ₹ 0.70 M and paid-up capital is ₹ 0.27 M.

  • Currently 2 directors are associated with Akshay Tools Private Limited.

    • Lisha Ulhas Taskar
    • Nitish Ulhas Taskar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshay Tools Private Limited is Plot No 28 Unit A17 M I D C Area Satpur India, Nasik, Maharashtra, 422007.

  • The corporate identification number (CIN) of Akshay Tools Private Limited is U28930MH1996PTC101528 and the company number is 101528 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Akshay Tools Private Limited has fallen by -51.93%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Akshay Tools Private Limited has experienced an upsurge of 14.64%.

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

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