Akash Fabrics Private Limited
About Akash Fabrics Private Limited
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Akash Fabrics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18100MH1992PTC066806. Its GSTIN is 27AAACA3967F2ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajendra Nagpal and Azam Mohmmed Ahsan Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No 34A 2nd Floor Arsiwala Bldg 57 Wodehose Road Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.57 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹51,120 (net margin 19.9%) and EBITDA of ₹88,230 (EBITDA margin 34.3%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 37% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akash Fabrics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No 34A 2nd Floor Arsiwala Bldg 57 Wodehose Road Colaba, Mumbai, Maharashtra, India – 400005
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Akash Fabrics Private 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
Business activity
The main business activity of Akash Fabrics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Akash Fabrics Private Limited, buy the company report.
Financials of Akash Fabrics Private Limited
FY 2025 filings availableAkash Fabrics Private Limited reported revenue of ₹2.57 Lakh (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 96% fall in the latest year. EBITDA fell 83% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹88,230 | ||||
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| Net Profit (PAT) | ₹51,120 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 34.3% | ||||
| Net Profit Margin | 19.9% | ||||
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To see the full financial statements and ratios of Akash Fabrics Private Limited, buy the company report.
Board of directors of Akash Fabrics Private Limited
Akash Fabrics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Azam Mohmmed Ahsan Shaikh Also directs: Evion Textiles Private Limited, Archana Syntex Private Limited, Richi-Rich Reality Limited and 5 more | Additional Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Rajendra Nagpal Also directs: Richi-Rich Reality Limited, Gamin Traders Private Limited, Jade Traders Private Limited and 3 more | Director | 28 Oct 2014 | 11 Years 11 Months | Current |
Auditor
Akash Fabrics Private Limited is audited by MR. PRIYAVRAT GUPTA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MR. PRIYAVRAT GUPTA | FY 2023 | 165027 |
Shareholding
The shareholding of Akash Fabrics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akash Fabrics Private Limited, buy the company report.
Legal cases
Akash Fabrics Private Limited has 15 court cases on record: 8 filed by Akash Fabrics, 7 filed against it. 6 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 3 |
| High courts | 5 | 1 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against M/S. Sovotex Textiles Pvt. Ltd., and 1 other | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Naresh Seth R.P of Jaybharat Textiles & Real Estate Limited and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Pending |
| Bombay High Court | Appeal | Filed against the company by The Maharashtra Industrial Development Corporation Through Chief Executive Officer | Pending |
To see the full case history of Akash Fabrics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akash Fabrics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akash Fabrics Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Akash Fabrics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA3967F2ZP | Maharashtra | Active | 07 Feb 2018 |
To see the full GST registrations and return filing status of Akash Fabrics Private Limited, buy the company report.
Recent activity
Akash Fabrics Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Azam Mohmmed Ahsan Shaikh was appointed as Additional Director on 01 Jul 2021.
Frequently asked questions
Akash Fabrics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 May 1992 (34+ years old) and is registered under CIN U18100MH1992PTC066806.
Akash Fabrics has 2 current directors:
- Azam Mohmmed Ahsan Shaikh - Additional Director
- Rajendra Nagpal - Director
The latest financial statements of Akash Fabrics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akash Fabrics is 27AAACA3967F2ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Akash Fabrics is U18100MH1992PTC066806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akash Fabrics has 15 court cases on record: 8 filed by the company and 7 filed against it. 6 are pending. Most are in the district courts.
Akash Fabrics was incorporated on 18 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Azam Mohmmed Ahsan Shaikh was appointed as Additional Director on 01 Jul 2021. Jodha Ram Dunga Ram Dhaka ceased to be Director on 01 Jul 2021. Rajendra Nagpal ceased to be Additional Director on 23 Sep 2015. Akash Fabrics has 6 board changes on record in total.
The registered office of Akash Fabrics is at Unit No 34A 2nd Floor Arsiwala Bldg 57 Wodehose Road Colaba, Mumbai, Maharashtra, India – 400005.
Akash Fabrics operates in the home and lifestyle industry, in the textile retail and distribution segment.