About Aakar Pipes & Metals Private Limited
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Aakar Pipes & Metals Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27109MP2011PTC027326. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Rekha Nitin Jain and Nitin Swaroopchand Jain.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.4 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹9,574 (net margin 0%) and EBITDA of ₹20.81 Lakh (EBITDA margin 6.1%).
As per MCA filings, the company has open charges of ₹95 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sme.in.
Company details
Contact details
Aakar Pipes & Metals Private Limited's registered office is in Indore, Madhya Pradesh. Its website is sme.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlate No. 306 Preet Sneh Building Muncipal Plot No.7 Gali No. 3 Snehlata, Ganj, Indore, Madhya Pradesh, India – 452001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Aakar Pipes & Metals 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 activities of Aakar Pipes & Metals are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aakar Pipes & Metals Private Limited, buy the company report.
Financials of Aakar Pipes & Metals Private Limited
FY 2024 filings availableAakar Pipes & Metals Private Limited reported revenue of ₹3.4 Cr (down 2% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA fell 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.4 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹20.81 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹9,574 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.1% | |
| Net Profit Margin | 0% | |
| 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 Pipes & Metals Private Limited, buy the company report.
Board of directors of Aakar Pipes & Metals Private Limited
Aakar Pipes & Metals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Nitin Jain | Director | 19 Dec 2011 | 14 Years 10 Months | Current |
| Nitin Swaroopchand Jain | Director | 19 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Aakar Pipes & Metals Private Limited is audited by BAFNA JAIN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAFNA JAIN & CO | FY 2016 | 100839W |
Shareholding
The shareholding of Aakar Pipes & Metals Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aakar Pipes & Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2015 | 10575669 | Janalakshmi Financial Services Private Limited | ₹15 Lakh | Open | |
| 05 Sep 2014 | 10521037 | Bank of Baroda | ₹60 Lakh | Open | |
| 30 Dec 2013 | 10469770 | State Bank of India | ₹20 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Aakar Pipes & Metals Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Real Strips Ltd. - Ranapratapsingh Siddhanathsingh Rajput | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Capital First Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Jindal Stainless Steelway Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Riyal Strips Limited, Ranapratapsing Sidhdhnathsing Rajput | Disposed |
To see the full case history of Aakar Pipes & Metals 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 Aakar Pipes & Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aakar Pipes & Metals 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 Pipes & Metals Private Limited, buy the company report.
Recent activity
Aakar Pipes & Metals Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Nitin Swaroopchand Jain was appointed as Director on 19 Dec 2011.
Frequently asked questions
Aakar Pipes & Metals is an active private limited company based in Indore, Madhya Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 December 2011 (15+ years old) and is registered under CIN U27109MP2011PTC027326.
Aakar Pipes & Metals has 2 current directors:
- Rekha Nitin Jain - Director
- Nitin Swaroopchand Jain - Director
The latest financial statements of Aakar Pipes & Metals 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.
No. Aakar Pipes & Metals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Aakar Pipes & Metals is U27109MP2011PTC027326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakar Pipes & Metals has 6 court cases on record: 6 filed against it.
Aakar Pipes & Metals was incorporated on 19 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Nitin Swaroopchand Jain was appointed as Director on 19 Dec 2011. Rekha Nitin Jain was appointed as Director on 19 Dec 2011.
Aakar Pipes & Metals can be reached through the website sme.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Aakar Pipes & Metals is at Flate No. 306 Preet Sneh Building Muncipal Plot No.7 Gali No. 3 Snehlata, Ganj, Indore, Madhya Pradesh, India – 452001.
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