Aakar Sons Shopee Private Limited
About Aakar Sons Shopee Private Limited
Data last updated:
Aakar Sons Shopee Private Limited was a private limited company based in Pune, Maharashtra, 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 retail trade segment of the trading and commerce sector. It was incorporated on 23 August 1996.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U52520MH1996PTC102104. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.26 Lakh. It was formerly known as Aakar Arts Private Limited. It was led by directors including Kirit Meghji Vora and Manisha Kirit Vora.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 5 Bund Garden Road Sanmahu Complex Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.59 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹30.66 Lakh and EBITDA of -₹19.48 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 46% over five years.
As per MCA filings, the company has satisfied charges of ₹33.5 Lakh on record.
Company details
CIN history
Aakar Sons Shopee has one previous CIN (Corporate Identification Number): U36109MH1996PTC102104. The current CIN is U52520MH1996PTC102104, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52520MH1996PTC102104 | Current |
| U36109MH1996PTC102104 | Previous |
Contact details
Aakar Sons Shopee Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Bund Garden Road Sanmahu Complex Pune, Maharashtra, India – 411001
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Aakar Sons Shopee 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 Aakar Sons Shopee is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Aakar Sons Shopee Private Limited, buy the company report.
Financials of Aakar Sons Shopee Private Limited
FY 2023 filings availableAakar Sons Shopee Private Limited reported revenue of ₹3.59 Lakh (down 80% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 80% fall in the latest year. EBITDA fell 661% 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 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 | ₹3.59 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Sons Shopee Private Limited, buy the company report.
Board of directors of Aakar Sons Shopee Private Limited
Aakar Sons Shopee has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ferin Kirit Vora Also directs: Aakar Sons Shopee LLP | Additional Director | 29 Aug 2012 | 14 Years 2 Months | As last reported |
| Kirit Meghji Vora Also directs: Aakar Sons Shopee LLP | Director | 29 Aug 1996 | 30 Years 2 Months | As last reported |
| Virag Kirit Vora Also directs: Aakar Sons Shopee LLP | Additional Director | 29 Aug 2012 | 14 Years 2 Months | As last reported |
| Manisha Kirit Vora Also directs: Aakar Sons Shopee LLP | Director | 29 Aug 1996 | 30 Years 2 Months | As last reported |
Peer comparison
Aakar Sons Shopee Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jireh Exports Private Limited | ₹3.59 Lakh (FY 2025) | -69.0% | Mumbai, Maharashtra, India | |||
| Lokaci Private Limited | ₹3.59 Lakh (FY 2019) | 78.0% | Noida, Uttar Pradesh, India | |||
| Gemma Global Private Limited | ₹3.59 Lakh (FY 2024) | 242.0% | New Delhi, Delhi, India | |||
| E F U Tannery Pvt Ltd | ₹3.59 Lakh (FY 2022) | -15.0% | Kolkata, West Bengal, India | |||
| Daniel Commotrade Private Limited | ₹3.59 Lakh (FY 2024) | 15.0% | Kolkata, West Bengal, India | |||
| Aakar Sons Shopee Private Limitedthis company | ₹3.59 Lakh (FY 2023) | -₹30.66 Lakh | -80.0% | Pune, Maharashtra, India | ||
| Adscalar Marketing Private Limited | ₹3.59 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Ironex Private Limited | ₹3.59 Lakh (FY 2021) | 13.0% | Bhandara, Maharashtra, India | |||
| Flow-Led and Electricals Private Limited | ₹3.59 Lakh (FY 2022) | -78.0% | Ahmedabad, Gujarat, India | |||
| Maglen Remedies Private Limited | ₹3.59 Lakh (FY 2024) | -36.0% | Lucknow, Uttar Pradesh, India | |||
| Futurehope Marketing Private Limited | ₹3.59 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Aakar Sons Shopee Private Limited, buy the company report.
Auditor
Aakar Sons Shopee Private Limited is audited by DILIP J. KITAWAT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DILIP J. KITAWAT & CO. | FY 2023 | 102556W |
Shareholding
The shareholding of Aakar Sons Shopee 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 Aakar Sons Shopee Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2020 | 100392724 | Axis Bank Limited | ₹33.5 Lakh | Satisfied |
To see the full charge records of Aakar Sons Shopee Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aakar Sons Shopee 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 Aakar Sons Shopee Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aakar Sons Shopee 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 Sons Shopee Private Limited, buy the company report.
Recent activity
Aakar Sons Shopee Private Limited has 4 board changes on record since 1996: 4 appointments. The latest: Ferin Kirit Vora was appointed as Additional Director on 29 Aug 2012.
Frequently asked questions
Aakar Sons Shopee 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 Sons Shopee was a private limited company based in Pune, Maharashtra, India. The company worked in retailers, within the trading industry. It was incorporated on 23 August 1996 and is registered under CIN U52520MH1996PTC102104. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Aakar Sons Shopee is U52520MH1996PTC102104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakar Sons Shopee had 4 directors:
- Ferin Kirit Vora - Additional Director
- Kirit Meghji Vora - Director
- Virag Kirit Vora - Additional Director
- Manisha Kirit Vora - Director
Aakar Sons Shopee was incorporated on 23 August 1996. It is registered with the Registrar of Companies, Pune.
The registered office of Aakar Sons Shopee is at 5 Bund Garden Road Sanmahu Complex Pune, Maharashtra, India – 411001.
The latest financial statements of Aakar Sons Shopee on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Aakar Sons Shopee has 1 GST registration on record and it is cancelled or inactive.
Aakar Sons Shopee operated in the trading industry, in the retailers segment.
The peers of Aakar Sons Shopee by revenue are Jireh Exports Private Limited, Lokaci Private Limited, Gemma Global Private Limited, E F U Tannery Pvt Ltd, Daniel Commotrade Private Limited and 5 more, all in the same principal business activity (retail trading).
Ferin Kirit Vora was appointed as Additional Director on 29 Aug 2012. Virag Kirit Vora was appointed as Additional Director on 29 Aug 2012. Kirit Meghji Vora was appointed as Director on 29 Aug 1996. Aakar Sons Shopee has 4 board changes on record in total.
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