Akshaya Agro Sales Private Limited

A company that trades pesticides, agro chemicals, and seeds, with a manufacturing facility for cotton jinning.

1986 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Akshaya Agro Sales Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.74 Cr
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.92 Cr
  • Satisfied Charges ₹ 12.90 Cr
  • Revenue Growth 6.46%
  • Profit Growth -11.95%
  • Ebitda 157.89%
  • Net Worth 14.05%
  • Total Assets 31.62%

About Akshaya Agro Sales

Akshaya Agro Sales Private Limited (AASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 July 1986 and has a history of 38 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Agriculture 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 3.00 Cr and a paid-up capital of Rs 2.74 Cr.

The company currently has active open charges totaling ₹43.92 Cr. The company has closed loans amounting to ₹12.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shantanu Herlekar, Vinod Hosadu, Shivaraj Kelavadi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akshayagro.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01403KA1986PTC007707

  • Company No.

    007707

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture
Automotive
Manufacturing

Who are the key members and board of directors at Akshaya Agro Sales?

Executive Team (1)

NameDesignationAppointment DateStatus
Bhanu Surya Country flag representing In Managing Director17-Aug-2001Current

Board Members (7)

NameDesignationAppointment DateStatus
Shantanu Herlekar Country flag representing In Director 10-Aug-2011Current
Vinod Hosadu Country flag representing In Director 15-Jun-2015Current
Shivaraj Kelavadi Country flag representing In Director 29-Mar-2022Current
Vinayak Patil Country flag representing In Director 28-Apr-2023Current
Shivanand Jammihal Director 28-Apr-2023Current
Akshay Shastry Country flag representing In Director 14-Nov-2022Current

Financial Performance of Akshaya Agro Sales.

Akshaya Agro Sales Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.46% increase. The company also saw a substantial fall in profitability, with a 11.95% decrease in profit. The company's net worth Soared by an impressive increase of 14.05%.

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
6.46%
Revenue from Operations
10.61%
Total Assets
31.62%
Profit or Loss
-11.95%
Net Worth
14.05%
EBITDA
157.89%

What is the Ownership and Shareholding Structure of Akshaya Agro Sales?

In 2023, Akshaya Agro Sales had a promoter holding of 56.94% and a public holding of 43.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.92 Cr

Satisfied Charges

₹12.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.24 Cr
  • Hdfc Bank Limited : 12.00 Cr
  • Axis Bank Limited : 0.68 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 2024Axis Bank Limited₹1.03 MOpen
12 Mar 2024Axis Bank Limited₹3.05 MOpen
20 May 2022Hdfc Bank Limited₹12.00 CrOpen
17 Sep 2021Others₹0.79 MOpen
03 Nov 2020Axis Bank Limited₹1.96 MOpen

How Many Employees Work at Akshaya Agro Sales?

Akshaya Agro Sales has a workforce of 125 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshaya Agro Sales, 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 Akshaya Agro Sales'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 Akshaya Agro Sales

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 31.11 Cr registered on 29 Nov 2017 with Charge ID 100140848 was modified on 27 May 2024.

    27 May 2024

  • Balance Sheet

    Akshaya Agro Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100903696 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100903805 was registered on 12 Mar 2024.

    12 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 20 May 2022 with Charge ID 100574145 was modified on 22 Sep 2022.

    22 Sep 2022

Frequently asked questions

  • Akshaya Agro Sales Private Limited was incorporated on 18 Jul 1986.

  • The authorized share capital of Akshaya Agro Sales Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.74 Cr.

  • Currently 8 directors are associated with Akshaya Agro Sales Private Limited.

    • Shantanu Shripad Herlekar
    • Vinod Kumar Hosadu
    • Shivaraj Kelavadi
    • Vinayak Patil
    • Shivanand Channabasappa Jammihal
    • Akshay Kumar Sharma Vishweswara Shastry
    • Subhachandra Basavanneppa Odannavar
    • Bhanu Prakash Surya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshaya Agro Sales Private Limited is No. 101 Sirsi Circle Mysuru Road, Chamarajpet India, Bangalore South, Karnataka, 560018.

  • The corporate identification number (CIN) of Akshaya Agro Sales Private Limited is U01403KA1986PTC007707 and the company number is 007707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshaya Agro Sales Private Limited is https://www.akshayagro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshaya Agro Sales Private Limited has risen by 6.46%.

  • As Per 2023 financial reports, 125 employees are currently employed by Akshaya Agro Sales Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshaya Agro Sales Private Limited has experienced an upsurge of 14.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshaya Agro Sales Private Limited amount to ₹ 43.92 Cr.

  • The most recent Balance Sheet for Akshaya Agro Sales Private Limited was filed with the ROC on 31 Mar 2024.

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