The New Akot Cotton Ginning And Pressing Company Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 1.38 M
- Company Age 121 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.18 M
- Satisfied Charges ₹ 3.10 M
- Revenue Growth 500.53%
- Profit Growth 116.19%
- Ebitda -28.90%
- Net Worth 3.11%
- Total Assets 81.11%
About The New Akot Cotton Ginning And Pressing Company
The New Akot Cotton Ginning And Pressing Company Limited (TNACGAPCL) was founded in India on 10 August 1903 and has a glorious history of 121 years and five months.Its registered office is in Akola, Maharashtra, India.
The Company is engaged in the Business Services 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 6.00 M and a paid-up capital of Rs 1.38 M.
The company currently has active open charges totaling ₹9.18 M. The company has closed loans amounting to ₹3.10 M, as per Ministry of Corporate Affairs (MCA) records.
Subhash Gore, Rahul Digamber, Narendra Joat, and Two other members serve as directors at the Company.
Company Details
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Location
Akola, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U10405MH1903PLC010247
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Company No.
010247
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 Aug 1903
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at The New Akot Cotton Ginning And Pressing Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narendra Joat
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Managing Director | 03-May-2008 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Subhash Gore
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Additional Director | 24-Jun-2024 | Current |
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Rahul Digamber
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Director | 29-Mar-2007 | Current |
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Shardul Dingambar
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Director | 05-Sep-2006 | Current |
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Rajendra Digamber
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Director | 03-May-2008 | Current |
Financial Performance of The New Akot Cotton Ginning And Pressing Company.
The New Akot Cotton Ginning And Pressing Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 500.53% increase. The company also saw a substantial improvement in profitability, with a 116.19% increase in profit. The company's net worth moved up by a moderate rise of 3.11%.
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What is the Ownership and Shareholding Structure of The New Akot Cotton Ginning And Pressing Company?
In 2022, The New Akot Cotton Ginning And Pressing Company had a promoter holding of 4.46% and a public holding of 95.54%. 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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Argents Infosystems Private LimitedSubhash Gore is a mutual person
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Swanand Industries LlpShardul Dingambar is a mutual person
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Young India Business Club Private Limited
Shardul Dingambar is a mutual person
Charges (Loans)
₹9.18 M
₹3.10 M
Charges Breakdown by Lending Institutions
- The Akola Urban Co-Operative Bank Ltd : 0.65 Cr
- Others : 0.22 Cr
- State Bank Of India : 0.04 Cr
- Maharastra State Finance Corporation : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2020 | Others | ₹2.20 M | Open |
| 19 Nov 2008 | The Akola Urban Co-Operative Bank Ltd | ₹1.50 M | Open |
| 19 Nov 2008 | The Akola Urban Co-Operative Bank Ltd | ₹5.00 M | Open |
| 11 Jan 1996 | State Bank Of India | ₹0.15 M | Open |
| 13 Mar 1993 | State Bank Of India | ₹0.05 M | Open |
How Many Employees Work at The New Akot Cotton Ginning And Pressing Company?
Unlock and access historical data on people associated with The New Akot Cotton Ginning And Pressing Company, 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 The New Akot Cotton Ginning And Pressing Company, 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 The New Akot Cotton Ginning And Pressing Company's trajectory.
Rating
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Alerts
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