AKAR AUTO INDUSTRIES LIMITED
OVERVIEW - AKAR AUTO INDUSTRIES LIMITED
Akar Auto Industries Limited is a listed public company incorporated on 21 June, 1989. It is classified as a public limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 10.00 cr and the total paid-up capital is INR 5.39 cr.
Akar Auto Industries Limited's operating revenues range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 15.72 % over the previous year. At the same time, it's book networth has increased by 21.87 %. Other performance and liquidity ratios are available here.
Description: The company manufactures and sells automotive components in India and internationally.
Products & Services: Hand tools, Tool Kits, Forging, Leaf Springs, Spanner / Wrenches, Automotive / Working Tools, Plumbing Tools, Electrical and Electronics Tools, Striking Tools, Lubricating Tools, Tool Apron, Hand Truck, Multi Leaf Spring, Parabolic Leaf Spring, Air Links
The current status of Akar Auto Industries Limited is - Active.
The last reported AGM (Annual General Meeting) of Akar Auto Industries Limited, per our records, was held on 22 September, 2023.
Akar Auto Industries Limited has seven directors - Sunil Todi, Narendra Kumar Raghunandanlal Gupta, and others.
The Corporate Identification Number (CIN) of Akar Auto Industries Limited is L29220MH1989PLC052305. The registered office of Akar Auto Industries Limited is at 304 ABHAY STEEL HOUSEBARODA STREET, CARNAC BUNDER, MUMBAI, Maharashtra.
REGISTERED DETAILS - AKAR AUTO INDUSTRIES LIMITED
CIN
L29220MH1989PLC052305
Incorporation Date / Age
21 June, 1989 / 35 yrs
Last Reported AGM Date
22 September, 2023
Authorized Capital
INR 1000.0 Lacs
Paidup Capital
INR 539.4005 Lacs
industry*
Manufacturing (Machinery & Equipments)
type
Listed Public Company
category
Company limited by Shares
subcategory
Non-govt company
Email Address
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Website
http://www.akartoolsltd.com. (Incorrect website?)
Registered Address
304 ABHAY STEEL HOUSEBARODA STREET
CARNAC BUNDER
MUMBAI - 400009
Maharashtra - India
FINANCIAL HIGHLIGHTS - AKAR AUTO INDUSTRIES LIMITED
| Operating Revenue | INR 100 cr - 500 cr |
| EBITDA | 15.72 % |
| Networth | 21.87 % |
| Debt/Equity Ratio | 1.50 |
| Return on Equity | 17.39 % |
* Company has reported to have approved financials for 31 March, 2023. However, in case, they are not available at MCA because of non-filing or damage, then we will provide the latest financials downloadable from MCA.
Directors - AKAR AUTO INDUSTRIES LIMITED
The company has 7 directors and 2 reported key management personnel.
The longest serving director currently on board is Narendra Kumar Raghunandanlal Gupta who was appointed on 21 June, 1989. Narendra Kumar Raghunandanlal Gupta has been on the board for more than 34 years. The most recently appointed directors are Ulhas Narayan Gaoli and Anil Kumar Gupta, who were appointed on 13 August, 2019.
Narendra Kumar Raghunandanlal Gupta has the largest number of other directorships with a seat at a total of 7 companies. In total, the company is connected to 13 other companies through its directors.
| NAME | DESIGNATION | APPOINTMENT DATE | |
|---|---|---|---|
| SUNIL TODI | Director | 16 September, 2015 | View other directorships |
| NARENDRA KUMAR RAGHUNANDANLAL GUPTA | Director | 21 June, 1989 | View other directorships |
| ULHAS NARAYAN GAOLI | Director | 13 August, 2019 | View other directorships |
| PRADEEP MADHUKAR NIJAMPURKAR | Director | 31 July, 2007 | View other directorships |
| ANIL KUMAR GUPTA | Director | 13 August, 2019 | View other directorships |
| BHAVNA VIJAY SABOO | Director | 14 August, 2018 | View other directorships |
| PAWAN KUMAR GUPTA | KMP | 29 June, 2020 | No other directorships |
| BHIMSEN RAGHAVENDRA GALGALI | Director | 01 March, 2018 | No other directorships |
| RADHYESHYAM VIJAYKUMAR RATHI | KMP | 14 August, 2023 | No other directorships |
Previous Names
| AKAR TOOLS LTD |
Previous CINs
| No previous CINs were found for this company. |
SIMILAR COMPANIES
| NAME | INCORPORATION YEAR | STATE | PAID UP CAPITAL | |
|---|---|---|---|---|
|
RAUDRA TECHNOCRATS PRIVATE LIMITED
It was formed in year 2014 in Gujarat . The company currently has a paid up capital of INR 5.37 cr.
|
2014 | Gujarat | 5.37 cr | Buy financial reports |
|
TECH FORCE WAYAND PRIVATE LIMITED
It was formed in year 2013 in Madhya Pradesh . The company currently has a paid up capital of INR 5.35 cr.
|
2013 | Madhya Pradesh | 5.35 cr | Buy financial reports |
|
SAGAR INTERNATIONAL PRIVATE LIMITED
It was formed in year 2004 in Maharashtra . The company currently has a paid up capital of INR 5.34 cr.
|
2004 | Maharashtra | 5.34 cr | Buy financial reports |
|
AGR EQUIPMENTS PRIVATE LIMITED
It was formed in year 2022 in Delhi . The company currently has a paid up capital of INR 5.33 cr.
|
2022 | Delhi | 5.33 cr | Buy financial reports |
|
INDRAPRASTHA AUTOMOBILES PRIVATE LIMITED
It was formed in year 2006 in Delhi . The company currently has a paid up capital of INR 5.50 cr.
|
2006 | Delhi | 5.50 cr | Buy financial reports |
|
UNITED ENGITECH PRIVATE LIMITED
It was formed in year 2011 in Jharkhand . The company currently has a paid up capital of INR 5.29 cr.
|
2011 | Jharkhand | 5.29 cr | Buy financial reports |
|
KESTREL AVIATION PRIVATE LIMITED
It was formed in year 2007 in Maharashtra . The company currently has a paid up capital of INR 5.50 cr.
|
2007 | Maharashtra | 5.50 cr | Buy financial reports |
|
V.K. ENGITECH PRIVATE LIMITED
It was formed in year 2013 in Gujarat . The company currently has a paid up capital of INR 5.50 cr.
|
2013 | Gujarat | 5.50 cr | Buy financial reports |
|
FUTURISTIC LABS PRIVATE LIMITED
It was formed in year 2017 in Andhra Pradesh . The company currently has a paid up capital of INR 5.51 cr.
|
2017 | Andhra Pradesh | 5.51 cr | Buy financial reports |
|
PRECISION TOOLING SYSTEMS LIMITED.
It was formed in year 1969 in Karnataka . The company currently has a paid up capital of INR 5.26 cr.
|
1969 | Karnataka | 5.26 cr | Buy financial reports |
SUBSIDIARY COMPANIES
No Indian subsidiary companies found.
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