Akvee Automotives Private Limited

Sells new and used vehicles, incorporated in 2018, based in Kerala.

2018 | Kottayam, Kerala (India) | Active
Last Updated:

Akvee Automotives Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 20.00 K
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 1.70 Cr
  • Revenue Growth 35581.96%
  • Profit Growth 55.40%
  • Ebitda 83.57%
  • Net Worth -47.72%
  • Total Assets 1732.76%

About Akvee Automotives

Akvee Automotives Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 2018 (Six years and three months 2 days old ). Its registered office is in Kottayam, Kerala, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 20.00 K .

The company currently has active open charges totaling ₹1.70 Cr.

Amal Varghese, Amal Alexander, and Aadimavil Varghese serve as directors at the Company.

Company Details

  • Location

    Kottayam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50500KL2018PTC055737

  • Company No.

    055737

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 2018

  • Date of AGM

    26 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

Who are the key members and board of directors at Akvee Automotives?

Executive Team (1)

NameDesignationAppointment DateStatus
Amal Varghese Country flag representing In Managing Director29-Nov-2018Current

Financial Performance of Akvee Automotives.

Akvee Automotives Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 35581.96% increase. The company also saw a substantial improvement in profitability, with a 55.4% increase in profit. The company's net worth observed a substantial decline by a decrease of 47.72%.

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
35581.96%
Revenue from Operations
35507.14%
Total Assets
1732.76%
Profit or Loss
55.40%
Net Worth
-47.72%
EBITDA
83.57%

What is the Ownership and Shareholding Structure of Akvee Automotives?

In 2020, Akvee Automotives 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

₹17.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.70 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2020Others₹1.70 CrOpen

How Many Employees Work at Akvee Automotives?

Unlock and access historical data on people associated with Akvee Automotives, 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 Akvee Automotives, 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 Akvee Automotives'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 Akvee Automotives

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 17.00 M registered on 23 Nov 2020 with Charge ID 100411733 was modified on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

    Akvee Automotives Private Limited last Annual general meeting of members was held on 26 Dec 2020 as per latest MCA records.

    26 Dec 2020

  • Director Appointment

    Aadimavil Varghese Varghese was appointed as a Director was appointed as a Director on 26 Dec 2020 & has been associated with this company since 4 years 2 months .

    26 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 17.00 M with Charge ID 100411733 was registered on 23 Nov 2020.

    23 Nov 2020

  • Balance Sheet

    Akvee Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ernakulam.

    31 Mar 2020

  • Director Appointment

    Amal Kandankeril Varghese was appointed as a Managing Director was appointed as a Managing Director on 29 Nov 2018 & has been associated with this company since 6 years 3 months .

    29 Nov 2018

Frequently asked questions

  • What is the Incorporation or founding date of Akvee Automotives Private Limited?

    Akvee Automotives Private Limited was incorporated on 29 Nov 2018.

  • What is authorized share capital and paid-up capital of Akvee Automotives Private Limited?

    The authorized share capital of Akvee Automotives Private Limited is ₹ 1.00 M and paid-up capital is ₹ 20.00 K .

  • Who are the current board members & directors of Akvee Automotives Private Limited?

    Currently 3 directors are associated with Akvee Automotives Private Limited.

    • Amal Kandankeril Varghese
    • Amal Alexander
    • Aadimavil Varghese Varghese
  • What is the registered address of Akvee Automotives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akvee Automotives Private Limited is 28, Kandankeril Nedumkunnam India, Changanacherry, Kerala, 686542.

  • What is the corporate identification number (CIN) and company number of Akvee Automotives Private Limited?

    The corporate identification number (CIN) of Akvee Automotives Private Limited is U50500KL2018PTC055737 and the company number is 055737 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Akvee Automotives Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Akvee Automotives Private Limited has risen by 35581.96%.

  • What change has been observed in the net worth of Akvee Automotives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Akvee Automotives Private Limited has experienced an downturn of -47.72%.

  • What are the total open charges for Akvee Automotives Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Akvee Automotives Private Limited amount to ₹ 1.70 Cr.

  • When was the last Balance Sheet of Akvee Automotives Private Limited filed with the ROC?

    The most recent Balance Sheet for Akvee Automotives Private Limited was filed with the ROC on 31 Mar 2020.