Aakash Exploration Services Limited - Company Profile

It is a energy and power public limited company based in Ahmedabad, Gujarat, India, established in 2007.
2007 Ahmedabad, Gujarat, India Active
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About Aakash Exploration Services Limited

Aakash Exploration Services Limited, a active public limited company, was established on 17 January 2007 in Ahmedabad, Gujarat, India. Engaging in oil & gas exploration & production within the mining and quarrying sector, it holds CIN: L23209GJ2007PLC049792. Registered under ROC Roc Ahmedabad. it is listed on NSE: AAKASH. It has an authorized capital of ₹10.20 Cr and a paid-up capital of ₹10.13 Cr.

Formerly known as Aakash Exploration Services Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹94.06 Cr and a net worth of ₹52.30 Cr. Employing 737 professional, Its leadership includes Krunal Pravin Haria (Whole-Time Director), Ami Nirav Shah (Director), Piyush Vasanji Savla (Director). Past directors included Haria Vershibhai Navinchandra, Jesal Arvindbhai Chokshi, Krunal Pravin Haria. It holds ₹53.36 Cr open charges and ₹55.75 Cr settled loans. Its latest AGM occurred on 22 September 2025, with the balance sheet filed on 31 March 2025. It is based at 424-426, 4Th Floor, Shukan Mall Nr. Visat Petrol Pump, Sabarmati, Ahmedabad, Gujarat, 380005.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    L23209GJ2007PLC049792

  • Registration Number

    049792

  • Incorporation Date

    17 January 2007

  • Authorized Capital

    ₹10.20 Cr

  • Paid-Up Capital

    ₹10.13 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (NSE: AAKASH)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.20 Cr
  • Paid Up Capital ₹ 10.13 Cr
  • Company Age 19 Year, 28 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 53.36 Cr
  • Satisfied Charges ₹ 55.75 Cr
  • Revenue Growth **** 21.55%
  • Profit Growth **** -25.90%
  • Ebitda **** -12.90%
  • Net Worth 9.55%
  • Total Assets **** 17.62%
Company report

Aakash Exploration Services Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Aakash Exploration Services 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 Aakash Exploration Services Limited?
Current Directors
Name Designation Appointment Date Status
Krunal Pravin Haria Whole-Time Director 17 Jan 2007 Current
Ami Nirav Shah Director 14 Dec 2017 Current
Piyush Vasanji Savla Director 14 Dec 2017 Current
Hemang Navinbhai Haria Whole-Time Director 17 Jan 2007 Current
Divyang Rameshchandra Patel Director 14 Dec 2017 Current
Vipul Navinchandra Haria Managing Director 17 Jan 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Oct 2010 Past
Pramod Abcsdd Director 25 Oct 2009 Past
Pramod Abcsdd Director 08 Feb 2020 Past
Pramod Abcsdd Director 25 Oct 2009 Past
Pramod Abcsdd Director 08 Feb 2020 Past
Pramod Abcsdd Director 01 Oct 2010 Past

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Financial Performance of Aakash Exploration Services.

Aakash Exploration Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.55% increase. The company also saw a substantial fall in profitability, with a 25.9% decrease in profit. The company's net worth moved up by a moderate rise of 9.55%.

Aakash Exploration Services revenue growth over time
Aakash Exploration Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 21.55%
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Revenue from Operations
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 20.42%
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*******
*******
Total Assets
*******
 17.62%
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*******
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*******
Profit or Loss
*******
 -25.90%
*******
*******
*******
*******
Net Worth
*******
 9.55%
*******
*******
*******
*******
EBITDA
*******
 -12.90%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Aakash Exploration Services?

In 2023, Aakash Exploration Services had a promoter holding of 66.67% and a public holding of 33.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹533,612,000.00

Satisfied Charges

₹557,530,238.00

Charges Breakdown by Lending Institutions
  • Others : 52.55 Cr
  • Axis Bank Limited : 0.81 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2025 Axis Bank Limited ₹3.98 M Open
29 Jul 2025 Others ₹5.30 Cr Open
03 May 2025 Axis Bank Limited ₹4.13 M Open
20 Oct 2022 Others ₹2.25 Cr Open
19 Feb 2016 Others ₹45.00 Cr Open

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How Many Employees Work at Aakash Exploration Services?

Aakash Exploration Services has a workforce of 737 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aakash Exploration Services, 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 Aakash Exploration Services'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.

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Latest Updates, News, and FAQs on Aakash Exploration Services
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 29 Apr 2022 via Charge ID 100567060 with Others was fully satisfied on 08 Oct 2025. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101168763 was registered on 30 Sep 2025. was documented.

  • Annual General Meeting

    The activity Aakash Exploration Services Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge registered on 14 Sep 2023 via Charge ID 100785589 with Others was fully satisfied on 09 Sep 2025. was documented.

  • Charges

    The activity A charge with Others of Rs. 5.30 Cr registered on 29 Jul 2025 with Charge ID 101137417 was modified on 05 Aug 2025. was completed.

  • Charges

    A charge with Others amounted to Rs. 5.30 Cr with Charge ID 101137417 was registered on 29 Jul 2025. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Aakash Exploration Services Limited?

The CIN of Aakash Exploration Services Limited is L23209GJ2007PLC049792.

Where is Aakash Exploration Services Limited headquartered?

Aakash Exploration Services Limited is headquartered at 424-426, 4Th Floor, Shukan Mall Nr. Visat Petrol Pump, Sabarmati, Ahmedabad, Gujarat, 380005.

When was Aakash Exploration Services Limited incorporated?

Aakash Exploration Services Limited was incorporated on 17 January 2007.

Who are the current directors of Aakash Exploration Services Limited?

The current directors of Aakash Exploration Services Limited are

What is the primary industry of Aakash Exploration Services Limited?

The primary industry of Aakash Exploration Services Limited is Mining And Quarrying.

Is Aakash Exploration Services Limited a listed company?

Aakash Exploration Services Limited is listed. It is listed on NSE: AAKASH.

What is the capital structure of Aakash Exploration Services Limited?

The authorized capital of Aakash Exploration Services Limited is ₹10.20 Cr, and the paid-up capital is ₹10.13 Cr.

What is the compliance status of Aakash Exploration Services Limited?

The compliance status of Aakash Exploration Services Limited is Compliant.

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