Akasdeep Equipments Private Limited
About Akasdeep Equipments Private Limited
Data last updated:
Akasdeep Equipments Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the manufacturing segment of the industrial equipment and machinery sector. It was incorporated on 09 September 2003.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ2003PTC042881.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Kapoorchand Babulal Gupta and Ritesh Kapoorchand Gupta.
Its last annual general meeting (AGM) was held on 31 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.75 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹3.17 Lakh (net margin 66.8%) and EBITDA of ₹4.31 Lakh (EBITDA margin 90.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
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- Registered Address65 First Floor Rudraksh Complex Nr. Gayatri Restaurant GIDC Phase III, Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryEquipment & Machinery, Manufacturing, General Purposemachinery, General Purpose Machinery
- 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
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Financials of Akasdeep Equipments Private Limited FY 2023 filings available
Akasdeep Equipments Private Limited reported revenue of ₹4.75 Lakh (up 20% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Akasdeep Equipments Private Limited
Revenue rose 20% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 22% in the latest year. 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 of Akasdeep Equipments Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.17 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Akasdeep Equipments Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 66.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akasdeep Equipments are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Akasdeep Equipments Private Limited
Akasdeep Equipments Private Limited is audited by DEENDAYALGUPTA&ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEENDAYALGUPTA&ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akasdeep Equipments Private Limited
Akasdeep Equipments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapoorchand Babulal Gupta Also directs: Jay Chamunda Road Developers LLP, Akasdeep Equipments LLP | Director | 17 Jan 2018 | 8 Years 9 Months | As last reported |
| Ritesh Kapoorchand Gupta Also directs: Akasdeep Equipments LLP | Director | 09 Sep 2003 | 23 Years 1 Months | As last reported |
Ownership and Shareholding of Akasdeep Equipments Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akasdeep Equipments Private Limited
Akasdeep Equipments Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akasdeep Equipments Private Limited
Employment history and EPFO contributions of people linked to Akasdeep Equipments.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akasdeep Equipments Private Limited
Akasdeep Equipments Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Ronak Amrutlal Patel ceased to be Director on 12 Mar 2018.
Credit Ratings, Litigation & Regulatory Alerts for Akasdeep Equipments Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akasdeep Equipments Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akasdeep Equipments Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akasdeep Equipments Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akasdeep Equipments Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akasdeep Equipments Private Limited
Akasdeep Equipments has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Akasdeep Equipments was a private limited company based in Ahmedabad, Gujarat, India. The company worked in manufacturing, within the equipment and machinery industry. It was incorporated on 09 September 2003 and is registered under CIN U29199GJ2003PTC042881. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Akasdeep Equipments is U29199GJ2003PTC042881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akasdeep Equipments had 2 directors:
- Kapoorchand Babulal Gupta - Director
- Ritesh Kapoorchand Gupta - Director
Akasdeep Equipments was incorporated on 09 September 2003. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Akasdeep Equipments is at 65 First Floor Rudraksh Complex Nr. Gayatri Restaurant GIDC Phase III, Vatva, Ahmedabad, Gujarat, India – 382445.
Akasdeep Equipments reported revenue of ₹4.75 Lakh for FY 2023 (up 20% YoY).
Akasdeep Equipments has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh.
Akasdeep Equipments reported a net profit of ₹3.17 Lakh (net margin 66.8%) and EBITDA of ₹4.31 Lakh (EBITDA margin 90.8%) for FY 2023, as per its filed financial statements.
Akasdeep Equipments operated in the equipment and machinery industry, in the manufacturing segment.