Axay Electrical (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 12 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.51 Cr
- Satisfied Charges ₹ 3.83 Cr
- Revenue Growth -4.22%
- Profit Growth -819.46%
- Ebitda -133.98%
- Net Worth -62.83%
- Total Assets 8.47%
About Axay Electrical (India)
Axay Electrical (India) Private Limited (AEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 2012 and has a history of 12 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Energy And Power 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹6.51 Cr. The company has closed loans amounting to ₹3.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jignesh Shah, Axay Dave, Rajesh Kaithwas, and One other member serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31900GJ2012PTC070220
- Company No.
070220
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 May 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Energy and Power
Who are the key members and board of directors at Axay Electrical (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Kaithwas  | Director | 20-May-2024 | Current |
| Jignesh Shah | Director | 29-Apr-2021 | Current |
| Axay Dave | Director | 07-May-2012 | Current |
| Mona Dave | Director | 15-Jan-2017 | Current |
Financial Performance of Axay Electrical (India).
Axay Electrical (India) Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.22% decrease. The company also saw a substantial fall in profitability, with a 819.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 62.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Axay Electrical (India)?
In 2023, Axay Electrical (India) had a promoter holding of 94.00% and a public holding of 6.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Rajesh Kaithwas is a mutual person
- Ocean Applied Sciences Private Limited
Rajesh Kaithwas is a mutual person
- Rajesh Kaithwas Foundation
Rajesh Kaithwas is a mutual person
- Ojas Drilling And Production Private Limited
Rajesh Kaithwas is a mutual person
- Omnicon Strategies Private Limited
Rajesh Kaithwas is a mutual person
Charges (Loans)
Open Charges
₹65.09 M
Satisfied Charges
₹38.30 M
Charges Breakdown by Lending Institutions
- Others : 6.00 Cr
- Hdfc Bank Limited : 0.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2024 | Others | ₹6.00 Cr | Open |
| 25 Jul 2024 | Hdfc Bank Limited | ₹3.09 M | Open |
| 18 Aug 2022 | Hdfc Bank Limited | ₹2.00 M | Open |
| 09 Jul 2021 | Hdfc Bank Limited | ₹3.83 Cr | Satisfied |
How Many Employees Work at Axay Electrical (India)?
Unlock and access historical data on people associated with Axay Electrical (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Axay Electrical (India), 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 Axay Electrical (India)'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 Axay Electrical (India)
Recent activity within the organization
- Charges
A charge with Others of Rs. 60.00 M registered on 12 Aug 2024 with Charge ID 100992796 was modified on 09 Oct 2024.
- Annual General Meeting
Axay Electrical (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 09 Jul 2021 via Charge ID 100464724 with Hdfc Bank Limited was fully satisfied on 29 Sep 2024.
- Charges
A charge with Others amounted to Rs. 60.00 M with Charge ID 100992796 was registered on 12 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.09 M with Charge ID 100959036 was registered on 25 Jul 2024.
- Director Appointment
Rajesh Ramdhani Kaithwas was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 10 months 10 days .
Frequently asked questions
What is the Incorporation or founding date of Axay Electrical (India) Private Limited?
Axay Electrical (India) Private Limited was incorporated on 07 May 2012.
What is authorized share capital and paid-up capital of Axay Electrical (India) Private Limited?
The authorized share capital of Axay Electrical (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Axay Electrical (India) Private Limited?
Currently 4 directors are associated with Axay Electrical (India) Private Limited.
- Jignesh Anilkumar Shah
- Axay Vinodchandra Dave
- Rajesh Ramdhani Kaithwas
- Mona Axay Dave
What is the registered address of Axay Electrical (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Axay Electrical (India) Private Limited is 204 F.F Nirman House Near Sardar Patel Railway Crossing, Usmanpura India, Ahmedabad, Gujarat, 380013.
What is the corporate identification number (CIN) and company number of Axay Electrical (India) Private Limited?
The corporate identification number (CIN) of Axay Electrical (India) Private Limited is U31900GJ2012PTC070220 and the company number is 070220 as per Ministry of Corporate Affairs (MCA).
What is the official website of Axay Electrical (India) Private Limited?
The Official website of Axay Electrical (India) Private Limited is https://www.axayelectrical.com
What has been the recent revenue trend for Axay Electrical (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Axay Electrical (India) Private Limited has fallen by -4.22%.
What change has been observed in the net worth of Axay Electrical (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Axay Electrical (India) Private Limited has experienced an downturn of -62.83%.
What are the total open charges for Axay Electrical (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Axay Electrical (India) Private Limited amount to ₹ 6.51 Cr.
When was the last Balance Sheet of Axay Electrical (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Axay Electrical (India) Private Limited was filed with the ROC on 31 Mar 2024.
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