Ashok Kumar And Co Mercantile Profile
Key Indicators
- Authorised Capital ₹ 1.95 Cr
- Paid Up Capital ₹ 9.50 M
- Company Age 21 Year, 5 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.60 Cr
- Satisfied Charges ₹ 21.01 Cr
- Revenue Growth 17.26%
- Profit Growth 49.10%
- Ebitda 10.74%
- Net Worth 22.11%
- Total Assets 18.19%
About Ashok Kumar And Co Mercantile
Ashok Kumar And Co Mercantile Private Limited (AKACMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 2004 and has a history of 21 years. Its registered office is in Ludhiana, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.95 Cr and a paid-up capital of Rs 9.50 M.
The company currently has active open charges totaling ₹19.60 Cr. The company has closed loans amounting to ₹21.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Kumar, Suresh Juneja, and Akash Juneja serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51430PB2004PTC026955
- Company No.
026955
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Mar 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Metals and Minerals
Who are the key members and board of directors at Ashok Kumar And Co Mercantile?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akash Juneja  | Whole-Time Director | 13-Feb-2017 | Current |
| Vinod Kumar | Director | 23-Mar-2004 | Current |
| Suresh Juneja | Director | 23-Mar-2004 | Current |
Financial Performance of Ashok Kumar And Co Mercantile.
Ashok Kumar And Co Mercantile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.26% increase. The company also saw a substantial improvement in profitability, with a 49.1% increase in profit. The company's net worth Soared by an impressive increase of 22.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ashok Kumar And Co Mercantile?
In 2023, Ashok Kumar And Co Mercantile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Akc Automotives LlpVinod Kumar and Suresh Juneja are mutual person
Charges (Loans)
Open Charges
₹19.60 Cr
Satisfied Charges
₹21.01 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 12.60 Cr
- Hdfc Bank Limited : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2023 | Axis Bank Limited | ₹6.00 M | Open |
| 11 Jul 2023 | Axis Bank Limited | ₹12.00 Cr | Open |
| 06 Sep 2021 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 19 Aug 2020 | Others | ₹5.97 M | Satisfied |
| 04 May 2020 | Others | ₹4.90 M | Satisfied |
How Many Employees Work at Ashok Kumar And Co Mercantile?
Ashok Kumar And Co Mercantile has a workforce of 21 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ashok Kumar And Co Mercantile, 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 Ashok Kumar And Co Mercantile's trajectory.
Rating
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
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 Ashok Kumar And Co Mercantile
Recent activity within the organization
- Charges
A charge registered on 28 Oct 2019 via Charge ID 100300623 with Axis Bank Limited was fully satisfied on 29 Jan 2025.
- Charges
A charge with Axis Bank Limited of Rs. 12.00 Cr registered on 11 Jul 2023 with Charge ID 100771078 was modified on 24 Jan 2025.
- Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 06 Sep 2021 with Charge ID 100479748 was modified on 24 Jan 2025.
- Annual General Meeting
Ashok Kumar And Co Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Ashok Kumar And Co Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100830427 was registered on 24 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Ashok Kumar And Co Mercantile Private Limited?
Ashok Kumar And Co Mercantile Private Limited was incorporated on 23 Mar 2004.
What is authorized share capital and paid-up capital of Ashok Kumar And Co Mercantile Private Limited?
The authorized share capital of Ashok Kumar And Co Mercantile Private Limited is ₹ 1.95 Cr and paid-up capital is ₹ 9.50 M.
Who are the current board members & directors of Ashok Kumar And Co Mercantile Private Limited?
Currently 3 directors are associated with Ashok Kumar And Co Mercantile Private Limited.
- Vinod Kumar
- Suresh Juneja
- Akash Juneja
What is the registered address of Ashok Kumar And Co Mercantile Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ashok Kumar And Co Mercantile Private Limited is Rajpura Road Opp New Dmc H Civil Lines India, Ludhiana, Punjab, 141002.
What is the corporate identification number (CIN) and company number of Ashok Kumar And Co Mercantile Private Limited?
The corporate identification number (CIN) of Ashok Kumar And Co Mercantile Private Limited is U51430PB2004PTC026955 and the company number is 026955 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ashok Kumar And Co Mercantile Private Limited?
The Official website of Ashok Kumar And Co Mercantile Private Limited is https://www.akc.in
What has been the recent revenue trend for Ashok Kumar And Co Mercantile Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ashok Kumar And Co Mercantile Private Limited has risen by 17.26%.
How many employees does Ashok Kumar And Co Mercantile Private Limited currently have?
As Per 2023 financial reports, 21 employees are currently employed by Ashok Kumar And Co Mercantile Private Limited.
What change has been observed in the net worth of Ashok Kumar And Co Mercantile Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ashok Kumar And Co Mercantile Private Limited has experienced an upsurge of 22.11%.
What are the total open charges for Ashok Kumar And Co Mercantile Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ashok Kumar And Co Mercantile Private Limited amount to ₹ 19.60 Cr.
When was the last Balance Sheet of Ashok Kumar And Co Mercantile Private Limited filed with the ROC?
The most recent Balance Sheet for Ashok Kumar And Co Mercantile Private Limited was filed with the ROC on 31 Mar 2024.
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