About Akar Global Limited
Data last updated:
Akar Global Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 23 May 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1994PLC078557. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹25 Lakh. It was formerly known as Akar Promotional Products Limited. It was led by directors including Ashokkumar Jain and Rahul Ashok Jain.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 704 Shree Sai Corporate Park Laxmi Nagar Off Link Road Goregaon (W), Mumbai, Maharashtra, India – 400104.
The last known website on record is akar.co.in.
Company details
CIN history
Akar Global has one previous CIN (Corporate Identification Number): L74999MH1994PLC078557. The current CIN is U74999MH1994PLC078557, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1994PLC078557 | Current |
| L74999MH1994PLC078557 | Previous |
Contact details
Akar Global Limited's registered office is in Mumbai, Maharashtra. Its website is akar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address704 Shree Sai Corporate Park Laxmi Nagar Off Link Road Goregaon (W), Mumbai, Maharashtra, India – 400104
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Akar Global Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Akar Global Limited
FY 2023 filings availableAkar Global Limited reported revenue of ₹75 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| Total Revenue | ₹75 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Akar Global Limited, buy the company report.
Board of directors of Akar Global Limited
Akar Global has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashokkumar Jain | Director | 23 May 1994 | 32 Years 5 Months | As last reported |
| Rahul Ashok Jain Also directs: Hansuka Ventures LLP, Akar Hospitality Management Services Limited, Medicca Press Limited and 4 more | Director | 31 Mar 2012 | 14 Years 6 Months | As last reported |
| Bhavesh Mohan Goyal | Director | 18 Aug 2003 | 23 Years 2 Months | As last reported |
Auditor
Akar Global Limited is audited by Mahesh Dave & Co. Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh Dave & Co. Chartered Accountants | FY 2023 | 105802W |
Shareholding
The shareholding of Akar Global Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akar Global Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akar Global Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akar Global Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akar Global has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akar Global Limited, buy the company report.
Recent activity
Akar Global Limited has 5 board changes on record since 1994: 3 appointments and 2 cessations. The latest: Rahul Ashok Jain ceased to be Additional Director on 31 Dec 2015.
Frequently asked questions
Akar Global has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Akar Global was a public limited company based in Mumbai, Maharashtra, India. The company worked in other services, within the business services industry. It was incorporated on 23 May 1994 and is registered under CIN U74999MH1994PLC078557. The company has been struck off by the Registrar of Companies and is no longer operational.
Akar Global had 3 directors:
- Ashokkumar Jain - Director
- Rahul Ashok Jain - Director
- Bhavesh Mohan Goyal - Director
The CIN (Corporate Identification Number) of Akar Global is U74999MH1994PLC078557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akar Global is at 704 Shree Sai Corporate Park Laxmi Nagar Off Link Road Goregaon W, Mumbai, Maharashtra, India – 400104.
Akar Global was incorporated on 23 May 1994. It is registered with the Registrar of Companies, Mumbai.
Akar Global can be reached through the website akar.co.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Akar Global on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Akar Global has 1 GST registration on record and it is cancelled or inactive.
Akar Global operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.