Akshaya Induction Services Private Limited

Provides contract heat treatment services such as hardening, tempering, annealing, and softening.

1997 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Akshaya Induction Services Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.40 M
  • Company Age 27 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.70 M
  • Revenue Growth 39.87%
  • Profit Growth -8.27%
  • Ebitda 5.64%
  • Net Worth 20.16%
  • Total Assets 3.05%

About Akshaya Induction Services

Akshaya Induction Services Private Limited (AISPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 September 1997 and has a history of 27 years and five months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Travel And Hospitality 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 1.50 M and a paid-up capital of Rs 1.40 M.

The company currently has active open charges totaling ₹3.70 M.

Dharmarajan Narayanan and Venkatesan Jaganathan serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28999TN1997PTC039136

  • Company No.

    039136

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality

Who are the key members and board of directors at Akshaya Induction Services?

Financial Performance of Akshaya Induction Services.

Akshaya Induction Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.87% increase. The company also saw a slight decrease in profitability, with a 8.27% decrease in profit. The company's net worth Soared by an impressive increase of 20.16%.

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
39.87%
Revenue from Operations
41.88%
Total Assets
3.05%
Profit or Loss
-8.27%
Net Worth
20.16%
EBITDA
5.64%

What is the Ownership and Shareholding Structure of Akshaya Induction Services?

In 2019, Akshaya Induction Services had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Tamilnadu Ind. Investment Corp. : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
06 May 1998The Tamilnadu Ind. Investment Corp.₹3.70 MOpen

How Many Employees Work at Akshaya Induction Services?

Akshaya Induction Services has a workforce of 22 employees as of Mar 29, 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 Induction Services, 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 Induction Services'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 Induction Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Akshaya Induction Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Venkatesan Jaganathan was appointed as a Director was appointed as a Director on 25 Mar 2016 & has been associated with this company since 8 years 11 months .

    25 Mar 2016

  • Director Appointment

    Dharmarajan Lakshmi Narayanan was appointed as a Director was appointed as a Director on 01 Apr 2009 & has been associated with this company since 15 years 10 months .

    01 Apr 2009

  • Charges

    A charge with The Tamilnadu Ind. Investment Corp. amounted to Rs. 3.70 M with Charge ID 90295395 was registered on 06 May 1998.

    06 May 1998

  • Company Incorporation

    Akshaya Induction Services Private Limited was registered on 29 Sep 1997 with Roc Chennai & aged 27 years 5 months as per MCA records.

    29 Sep 1997

Frequently asked questions

  • What is the Incorporation or founding date of Akshaya Induction Services Private Limited?

    Akshaya Induction Services Private Limited was incorporated on 29 Sep 1997.

  • What is authorized share capital and paid-up capital of Akshaya Induction Services Private Limited?

    The authorized share capital of Akshaya Induction Services Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.40 M.

  • Who are the current board members & directors of Akshaya Induction Services Private Limited?

    Currently 2 directors are associated with Akshaya Induction Services Private Limited.

    • Dharmarajan Lakshmi Narayanan
    • Venkatesan Jaganathan

  • What is the registered address of Akshaya Induction Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akshaya Induction Services Private Limited is L-5 L-6 Vivekananda Street Natesan Nagar, Ayanambakkam India, Chennai, Tamil Nadu, 600095.

  • What is the corporate identification number (CIN) and company number of Akshaya Induction Services Private Limited?

    The corporate identification number (CIN) of Akshaya Induction Services Private Limited is U28999TN1997PTC039136 and the company number is 039136 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akshaya Induction Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Akshaya Induction Services Private Limited has risen by 39.87%.

  • How many employees does Akshaya Induction Services Private Limited currently have?

    As Per 2022 financial reports, 22 employees are currently employed by Akshaya Induction Services Private Limited.

  • What change has been observed in the net worth of Akshaya Induction Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Akshaya Induction Services Private Limited has experienced an upsurge of 20.16%.

  • What are the total open charges for Akshaya Induction Services Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Akshaya Induction Services Private Limited amount to ₹ 3.70 M.

  • When was the last Balance Sheet of Akshaya Induction Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Akshaya Induction Services Private Limited was filed with the ROC on 31 Mar 2024.

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