Aakar Textiles Limited Company Logo

Aakar Textiles Limited - Company Profile

It is a home & lifestyle public limited company based in Avadi, Tamil Nadu, India, established in 2002.

2002 | Avadi, Tamil Nadu, India | Active
Last Updated:

About Aakar Textiles Limited

Aakar Textiles Limited, a active public limited company, was established on 26 February 2002 in Avadi, Tamil Nadu, India. Engaging in textile retail & distribution within the trade sector, it holds CIN: U65993TN2002PLC048511. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹3.00 Cr.

Formerly known as Global Securities Limited. It upholds a compliant status. Its leadership includes Vikramsingh Babusingh (Director), Sivakumar Mannangatti (Director), Pawan Kumar Ramniwas Sharma (Director). Past directors included Vishal Surana, Vikash Surana, Vaishali Surana. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at No.214 P.H.Road,, Avadi, Tamil Nadu, 600054.

Company Details

  • CIN/LLPIN

    U65993TN2002PLC048511

  • Registration Number

    048511

  • Incorporation Date

    26 February 2002

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹3.00 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 23 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -99.34%
  • Profit Growth -94.03%
  • Ebitda -91.94%
  • Net Worth 0.01%
  • Total Assets 0.01%
Company report

Aakar Textiles Limited

Company Report FY 2025-2026

Explore comprehensive insights into Aakar Textiles Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Aakar Textiles Limited?

Current Directors

NameDesignationAppointment DateStatus
Vikramsingh BabusinghDirector05 Mar 2019Current
Sivakumar MannangattiDirector05 Mar 2019Current
Pawan Kumar Ramniwas SharmaDirector05 Mar 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector25 Sep 2018Past
Pramod AbcsddDirector01 Sep 2018Past
Pramod AbcsddDirector01 Sep 2018Past
Pramod AbcsddDirector03 Jan 2011Past
Pramod AbcsddDirector03 Jan 2011Past
Pramod AbcsddDirector01 Jul 2008Past

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Financial Performance of Aakar Textiles.

Aakar Textiles Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 99.34% decrease. The company also saw a substantial fall in profitability, with a 94.03% decrease in profit. The company's net worth moved up by a moderate rise of 0.01%.

Aakar Textiles revenue growth over time
Aakar Textiles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-99.34%
Revenue from Operations
-99.34%
Total Assets
0.01%
Profit or Loss
-94.03%
Net Worth
0.01%
EBITDA
-91.94%

What is the Ownership and Shareholding Structure of Aakar Textiles?

In 2019, Aakar Textiles had a promoter holding of 28.30% and a public holding of 71.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Aakar Textiles?

Unlock and access historical data on people associated with Aakar Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Aakar Textiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aakar Textiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aakar Textiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aakar Textiles

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Aakar Textiles Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Aakar Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai. was completed.

  • Director Appointment

    Progress on Vikramsingh Babusingh was appointed as a Director was appointed as a Director on 05 Mar 2019 & has been associated with this company since 6 years 8 months . was documented.

  • Director Appointment

    Sivakumar Mannangatti was appointed as a Director was appointed as a Director on 05 Mar 2019 & has been associated with this company since 6 years 8 months . was recorded as a recent event.

  • Director Appointment

    Pawan Kumar Ramniwas Sharma was appointed as a Director was appointed as a Director on 05 Mar 2019 & has been associated with this company since 6 years 8 months . was recorded as a recent event.

  • Company Incorporation

    Aakar Textiles Limited was registered on 26 Feb 2002 with Roc Chennai & aged 23 years 9 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Aakar Textiles Limited?

    The CIN of Aakar Textiles Limited is U65993TN2002PLC048511.

  • Where is Aakar Textiles Limited headquartered?

    Aakar Textiles Limited is headquartered at No.214 P.H.Road,, Avadi, Tamil Nadu, 600054.

  • When was Aakar Textiles Limited incorporated?

    Aakar Textiles Limited was incorporated on 26 February 2002.

  • Who are the current directors of Aakar Textiles Limited?

    The current directors of Aakar Textiles Limited are

  • What is the primary industry of Aakar Textiles Limited?

    The primary industry of Aakar Textiles Limited is Trade.

  • Is Aakar Textiles Limited a listed company?

    Aakar Textiles Limited is unlisted.

  • What is the capital structure of Aakar Textiles Limited?

    The authorized capital of Aakar Textiles Limited is ₹3.50 Cr, and the paid-up capital is ₹3.00 Cr.

  • What is the compliance status of Aakar Textiles Limited?

    The compliance status of Aakar Textiles Limited is Compliant.

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