Aakar Filaments Pvt Ltd
About Aakar Filaments Pvt Ltd
Data last updated:
Aakar Filaments Pvt Ltd was a private limited company based in Surat, 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 textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 September 1993.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17199GJ1993PTC020269. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.8 Lakh.
Its last annual general meeting (AGM) was held on 18 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 301 Raghunandan Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2017, the company reported a revenue of ₹62.8 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.64 Lakh (net margin 4.2%) and EBITDA of ₹3.76 Lakh (EBITDA margin 6%).
As per MCA filings, the company has satisfied charges of ₹6 Lakh on record.
Company details
Contact details
Aakar Filaments Pvt Ltd's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address301 Raghunandan Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Aakar Filaments Pvt Ltd, 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 Aakar Filaments is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aakar Filaments Pvt Ltd, buy the company report.
Financials of Aakar Filaments Pvt Ltd
FY 2017 filings availableAakar Filaments Pvt Ltd reported revenue of ₹62.8 Lakh (down 27% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹62.8 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.76 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.64 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6% | ||
| Net Profit Margin | 4.2% | ||
| 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 | |||
To see the full financial statements and ratios of Aakar Filaments Pvt Ltd, buy the company report.
Board of directors of Aakar Filaments Pvt Ltd
Aakar Filaments has 4 former directors on record and no current directors listed.
Peer comparison
Aakar Filaments Pvt Ltd is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VMSL Cotex Private Limited | ₹63.11 Lakh (FY 2015) | -72.0% | Ludhiana, Punjab, India | |||
| A S Chemotex Private Limited | ₹62.92 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Aakar Filaments Pvt Ltdthis company | ₹62.8 Lakh (FY 2017) | ₹2.64 Lakh | 4.2% | -27.0% | Surat, Gujarat, India | |
| Evargo Impex Private Limited | ₹62.79 Lakh (FY 2024) | 96.0% | Jaipur, Rajasthan, India | |||
| Tidnap Mills Private Limited | ₹62.45 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Oroprise Enterprises Private Limited | ₹62.45 Lakh (FY 2025) | 369.0% | Delhi, India |
To see the full peer comparison of Aakar Filaments Pvt Ltd, buy the company report.
Auditor
Aakar Filaments Pvt Ltd is audited by C. SUKHADIA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. SUKHADIA & CO. | FY 2017 | 125385W |
Shareholding
The shareholding of Aakar Filaments Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aakar Filaments Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2005 | 90094501 | State Bank of India | ₹6 Lakh | Satisfied |
To see the full charge records of Aakar Filaments Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aakar Filaments Pvt Ltd 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 Aakar Filaments Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aakar Filaments 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 Aakar Filaments Pvt Ltd, buy the company report.
Recent activity
Aakar Filaments Pvt Ltd has 4 board changes on record since 2011: 0 appointments and 4 cessations. The latest: Sandeep Chhajer ceased to be Director on 27 Dec 2017.
Frequently asked questions
Aakar Filaments 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.
Aakar Filaments was a private limited company based in Surat, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 September 1993 and is registered under CIN U17199GJ1993PTC020269. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Aakar Filaments is U17199GJ1993PTC020269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakar Filaments was incorporated on 24 September 1993. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Aakar Filaments is at 301 Raghunandan Textile Market Ring Road, Surat, Gujarat, India – 395002.
The latest financial statements of Aakar Filaments on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 18 September 2017. Year-wise statements from 2015 are in the company report.
No. Aakar Filaments has 1 GST registration on record and it is cancelled or inactive.
Aakar Filaments operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Aakar Filaments by revenue are VMSL Cotex Private Limited, A S Chemotex Private Limited, Evargo Impex Private Limited, Tidnap Mills Private Limited, Oroprise Enterprises Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sandeep Chhajer ceased to be Director on 27 Dec 2017. Vinay Hanumanmal Surana ceased to be Director on 27 Dec 2017. Amit Mahesh Agarwal ceased to be Director on 19 Dec 2014. Aakar Filaments has 4 board changes on record in total.
Aakar Filaments has no open charges and satisfied charges of ₹6 Lakh as per latest MCA filings.
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