Ashtavakra Auto Private Limited

Manufactures and trades transport equipment, incorporated in 2016 with corporate office in Ludhiana.

2016 | Ludhiana, Punjab (India) | Active
Last Updated: January 03, 2025

Ashtavakra Auto Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.60 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.50 M
  • Satisfied Charges ₹ 4.71 Cr
  • Revenue Growth 87.15%
  • Profit Growth 348.61%
  • Ebitda -2.19%
  • Net Worth 10.09%
  • Total Assets 24.40%

About Ashtavakra Auto

Ashtavakra Auto Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 April 2016 (Eight years and ten months 2 days old ). Its registered office is in Ludhiana, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.60 M.

The company currently has active open charges totaling ₹5.50 M. The company has closed loans amounting to ₹4.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hersohena Panesar and Satnam Singh 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

    U50404PB2016PTC045211

  • Company No.

    045211

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Ashtavakra Auto?

Board Members (2)

Name Designation Appointment Date Status
Hersohena Panesar Country flag representing In Director 01-Apr-2016 Current
Satnam Singh Country flag representing In Director 26-Sep-2016 Current

Financial Performance of Ashtavakra Auto.

Ashtavakra Auto Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.15% increase. The company also saw a substantial improvement in profitability, with a 348.61% increase in profit. The company's net worth Soared by an impressive increase of 10.09%.

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
87.15%
Revenue from Operations
88.77%
Total Assets
24.40%
Profit or Loss
348.61%
Net Worth
10.09%
EBITDA
-2.19%

What is the Ownership and Shareholding Structure of Ashtavakra Auto?

Unlock access to Ashtavakra Auto's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.55 Cr

Satisfied Charges

₹4.71 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.55 Cr

Latest Charge Details

Date Lender Amount Status
15 Jul 2023 Axis Bank Limited ₹2.80 M Open
03 Apr 2023 Axis Bank Limited ₹2.70 M Open
13 Apr 2020 Indian Bank ₹2.09 M Satisfied
17 Nov 2018 Indian Bank ₹5.00 M Satisfied
12 Sep 2016 Indian Bank ₹4.00 Cr Satisfied

How Many Employees Work at Ashtavakra Auto?

Ashtavakra Auto has a workforce of 5 employees as of Apr 03, 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 Ashtavakra Auto, 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 Ashtavakra Auto'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 Ashtavakra Auto

Recent activity within the organization

  • Charges

    A charge registered on 13 Apr 2020 via Charge ID 100337969 with Indian Bank was fully satisfied on 02 Aug 2024.

    02 Aug 2024

  • Charges

    A charge registered on 17 Nov 2018 via Charge ID 100216290 with Indian Bank was fully satisfied on 02 Aug 2024.

    02 Aug 2024

  • Charges

    A charge registered on 12 Sep 2016 via Charge ID 100054212 with Indian Bank was fully satisfied on 02 Aug 2024.

    02 Aug 2024

  • Annual General Meeting

    Ashtavakra Auto Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100781582 was registered on 15 Jul 2023.

    15 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100706744 was registered on 03 Apr 2023.

    03 Apr 2023

Frequently asked questions

  • Ashtavakra Auto Private Limited was incorporated on 01 Apr 2016.

  • The authorized share capital of Ashtavakra Auto Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.60 M.

  • Currently 2 directors are associated with Ashtavakra Auto Private Limited.

    • Hersohena Panesar
    • Satnam Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashtavakra Auto Private Limited is 2693/2 Sunder Nagar (Mangat Colony), Basti Jodhewal India, Ludhiana, Punjab, 141008.

  • The corporate identification number (CIN) of Ashtavakra Auto Private Limited is U50404PB2016PTC045211 and the company number is 045211 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashtavakra Auto Private Limited has risen by 87.15%.

  • As Per 2023 financial reports, 5 employees are currently employed by Ashtavakra Auto Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashtavakra Auto Private Limited has experienced an upsurge of 10.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashtavakra Auto Private Limited amount to ₹ 5.50 M.

  • The most recent Balance Sheet for Ashtavakra Auto Private Limited was filed with the ROC on 31 Mar 2023.

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