About Akots India Private Limited
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Akots India Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2005PTC012204. Its GSTIN is 33AAFCA7403H1Z1 (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ak Ontime Solutions Private Limited. It is led by directors including Dhinesh Shankar and Murugan Rajeswari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18/42 Old Pilliyar Koil Street Ammapet, Salem, Tamil Nadu, India – 636003.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.26 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹41.65 Lakh (net margin 12.8%) and EBITDA of ₹62.29 Lakh (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 74% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akots.com.
Company details
Contact details
Akots India Private Limited's registered office is in Salem, Tamil Nadu. Its website is akots.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18/42 Old Pilliyar Koil Street Ammapet, Salem, Tamil Nadu, India – 636003
- IndustryInformation Technology, IT Consulting & Support Services, Database Management & Solutions
To see the full contact details of Akots India 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 Akots India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Akots India Private Limited, buy the company report.
Financials of Akots India Private Limited
FY 2024 filings availableAkots India Private Limited reported revenue of ₹3.26 Cr (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 74%. EBITDA fell 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹62.29 Lakh | ||||
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| Net Profit (PAT) | ₹41.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 12.8% | ||||
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To see the full financial statements and ratios of Akots India Private Limited, buy the company report.
Board of directors of Akots India Private Limited
Akots India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murugan Saraswathi | Additional Director | 31 Aug 2020 | 6 Years 1 Months | Current |
| Dhinesh Shankar | Director | 24 Jul 2008 | 18 Years 3 Months | Current |
| Murugan Rajeswari | Director | 01 Nov 2005 | 20 Years 11 Months | Current |
Peer comparison
Akots India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Database Management, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astra Systems Private Limited | ₹3.27 Cr (FY 2024) | 33.0% | Chennai, Tamil Nadu, India | |||
| Ismart Business Solutions Private Limited | ₹3.27 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Akots India Private Limitedthis company | ₹3.26 Cr (FY 2024) | ₹41.65 Lakh | 12.8% | -48.0% | 6 | Salem, Tamil Nadu, India |
| Inntot Technologies Private Limited | ₹3.26 Cr (FY 2025) | -47.0% | Kochi, Kerala, India | |||
| Relfast Compliance Solutions Private Limited | ₹3.26 Cr (FY 2024) | -22.0% | Bangalore, Karnataka, India | |||
| Yard Global Software Solutions (OPC) Private Limited | ₹3.25 Cr (FY 2025) | 3.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Akots India Private Limited, buy the company report.
Auditor
Akots India Private Limited is audited by B S SRIDHAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S SRIDHAR & CO | FY 2023 | 207678 |
Shareholding
The shareholding of Akots India 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 |
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To see the full shareholding pattern of Akots India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akots India Private 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 Akots India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akots India Private Limited has a workforce of 6 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Akots India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA7403H1Z1 | Tamil Nadu | Active | 20 Jul 2020 |
To see the full GST registrations and return filing status of Akots India Private Limited, buy the company report.
Recent activity
Akots India Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Murugan Saraswathi was appointed as Additional Director on 31 Aug 2020.
Frequently asked questions
Akots India is an active private limited company based in Salem, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 October 2005 (21+ years old) and is registered under CIN U72200TZ2005PTC012204.
Akots India has 3 current directors:
- Murugan Saraswathi - Additional Director
- Dhinesh Shankar - Director
- Murugan Rajeswari - Director
The latest financial statements of Akots India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Akots India is 33AAFCA7403H1Z1, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Akots India is U72200TZ2005PTC012204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akots India was incorporated on 07 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Akots India by revenue are Astra Systems Private Limited, Ismart Business Solutions Private Limited, Inntot Technologies Private Limited, Relfast Compliance Solutions Private Limited, Yard Global Software Solutions (OPC) Private Limited, all in the Information Technology industry (Database Management, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Murugan Saraswathi was appointed as Additional Director on 31 Aug 2020. Dhinesh Shankar was appointed as Director on 24 Jul 2008. Murugan Rajeswari was appointed as Director on 01 Nov 2005.
Akots India can be reached through the website akots.com. Its registered office is in Salem, Tamil Nadu, India.
The registered office of Akots India is at 1842 Old Pilliyar Koil Street Ammapet, Salem, Tamil Nadu, India – 636003.
Akots India operates in the information technology industry, in the IT consulting and support services segment.