Akwel Automotive Pune India Private Limited

Supplier of automotive components for fluid management and mechanisms, based in Pune, India.

2005 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Akwel Automotive Pune India Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.53 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.55 M
  • Revenue Growth 318.22%
  • Profit Growth 645.18%
  • Ebitda 1674.61%
  • Net Worth 113.50%
  • Total Assets 35.57%

About Akwel Automotive Pune India

Akwel Automotive Pune India Private Limited (AAPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 2005 and has a history of 19 years and three months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Mgi Coutier Engineering Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 19.53 Cr.

The company currently has active open charges totaling ₹2.55 M.

The Key Managerial Personnel (KMP) at Akwel Automotive Pune India Private Limited India is Manisha Lalwani as COMPANY SECRETARY. Nicolas Coutier, Jayram Athavale, and Benoit Coutier serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U34300PN2005PTC021478

  • Company No.

    021478

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

Who are the key members and board of directors at Akwel Automotive Pune India?

Executive Team (2)

NameDesignationAppointment DateStatus
Jayram Athavale Country flag representing In Managing Director21-Nov-2022Current
Manisha Lalwani Country flag representing In Company Secretary01-Mar-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Nicolas Coutier Country flag representing Fr Director 01-Jan-2012Current
Benoit Coutier Country flag representing Fr Director 26-Oct-2005Current

Financial Performance of Akwel Automotive Pune India.

Akwel Automotive Pune India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 318.22% increase. The company also saw a substantial improvement in profitability, with a 645.18% increase in profit. The company's net worth Soared by an impressive increase of 113.5%.

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
318.22%
Revenue from Operations
329.61%
Total Assets
35.57%
Profit or Loss
645.18%
Net Worth
113.50%
EBITDA
1674.61%

What is the Ownership and Shareholding Structure of Akwel Automotive Pune India?

In 2023, Akwel Automotive Pune India 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

₹0.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2024Others₹0.03 MOpen
27 Dec 2023Others₹2.52 MOpen

How Many Employees Work at Akwel Automotive Pune India?

Akwel Automotive Pune India has a workforce of 31 employees as of Apr 07, 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 Akwel Automotive Pune 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 Akwel Automotive Pune India'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 Akwel Automotive Pune India

Recent activity within the organization

  • Annual General Meeting

    Akwel Automotive Pune India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 0.25 Cr registered on 27 Dec 2023 with Charge ID 100843965 was modified on 18 Sep 2024.

    18 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 0.00 Cr with Charge ID 100918777 was registered on 22 Apr 2024.

    22 Apr 2024

  • Balance Sheet

    Akwel Automotive Pune India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100843965 was registered on 27 Dec 2023.

    27 Dec 2023

  • Director Appointment

    Jayram Suresh Athavale was appointed as a Managing Director was appointed as a Managing Director on 21 Nov 2022 & has been associated with this company since 2 years 3 months .

    21 Nov 2022

Frequently asked questions

  • Akwel Automotive Pune India Private Limited was incorporated on 26 Oct 2005.

  • The authorized share capital of Akwel Automotive Pune India Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.53 Cr.

  • Currently 4 directors are associated with Akwel Automotive Pune India Private Limited.

    • Nicolas Coutier
    • Jayram Suresh Athavale
    • Manisha Lalwani
    • Benoit Cedric Coutier
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akwel Automotive Pune India Private Limited is Gat No 357/16/2 Kharabwadi Chakan Taluka Khed, India, Pune, Maharashtra, 410501.

  • The corporate identification number (CIN) of Akwel Automotive Pune India Private Limited is U34300PN2005PTC021478 and the company number is 021478 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akwel Automotive Pune India Private Limited is https://www.akwel-automotive.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akwel Automotive Pune India Private Limited has risen by 318.22%.

  • As Per 2023 financial reports, 31 employees are currently employed by Akwel Automotive Pune India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akwel Automotive Pune India Private Limited has experienced an upsurge of 113.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akwel Automotive Pune India Private Limited amount to ₹ 2.55 M.

  • The most recent Balance Sheet for Akwel Automotive Pune India Private Limited was filed with the ROC on 31 Mar 2024.

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