MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-20-0000141
Aakash Ginning Industries Private Limited - manufacturing in Palwal, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹9.59 Cr
▲ 4% YoY
Net loss · FY 2023
₹5.39 Lakh
Net margin -0.6%
EBITDA · FY 2023
₹57.14 Lakh
EBITDA margin 6%
Authorised capital
₹4.2 Cr
Registered with MCA
Paid-up capital
₹2.34 Cr
Issued & subscribed
Open charges
₹5.72 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Aakash Ginning Industries Private Limited
Data last updated:
Aakash Ginning Industries Private Limited is a private limited company based in Palwal, Haryana, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U01100HR2017PTC069789. Its GSTIN is 06AAPCA7745L1Z2 (Haryana).
The company has an authorised share capital of ₹4.2 Cr and a paid-up capital of ₹2.34 Cr. It is led by directors including Aakash (Managing Director) and Shobha Sharma.
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 is at Shop No. – 1 Anaj Mandi Hathin, Palwal, Haryana, India – 121103.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.59 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹5.39 Lakh (net margin -0.6%) and EBITDA of ₹57.14 Lakh (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹5.72 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Aakash Ginning Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-20-0000141). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakashginning.com.
Company details
CIN U01100HR2017PTC069789
Registration Number 069789
Incorporation Date 06 July 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-20-0000141
Recognitions & Rankings of Aakash Ginning Industries
Contact details
Aakash Ginning Industries Private Limited's registered office is in Palwal, Haryana. Its website is aakashginning.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. – 1 Anaj Mandi Hathin, Palwal, Haryana, India – 121103
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Aakash Ginning Industries Private Limited, buy the company report.
Comprehensive company report
Aakash Ginning Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Aakash Ginning Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Aakash Ginning Industries Private Limited, buy the company report.
Financials of Aakash Ginning Industries Private Limited
FY 2023 filings availableAakash Ginning Industries Private Limited reported revenue of ₹9.59 Cr (up 4% YoY) for FY 2023.
Revenue · FY 2023
₹9.59 Cr ▲ 4%
Net loss · FY 2023
₹5.39 Lakh margin -0.6%
EBITDA · FY 2023
₹57.14 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 33%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 21%
5 years · compounded
▼ 1%
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 8% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.39 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | -0.6% | ||||
| 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 Aakash Ginning Industries Private Limited, buy the company report.
Board of directors of Aakash Ginning Industries Private Limited
Aakash Ginning Industries has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shobha Sharma Also directs: DG Cotton India Private Limited, Urbanage Landbase Private Limited | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Sumit Singla | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Aakash Also directs: DG Cotton India Private Limited, Urbanage Landbase Private Limited | Managing Director | 06 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Aakash Ginning Industries Private Limited is audited by R R R & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R R & CO | FY 2021 | 019411N |
Shareholding
The shareholding of Aakash Ginning Industries Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aakash Ginning Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.72 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2020 | 100386975 | Others | ₹77.48 Lakh | Open | |
| 08 Nov 2017 | 100141356 | Others | ₹4.95 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Aakash Ginning Industries Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by M/S R.K. Brothers | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by M/S Milan Trading Company | Pending |
To see the full case history of Aakash Ginning Industries 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 Aakash Ginning Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aakash Ginning Industries Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
Active EPFO establishments
1
GST
Aakash Ginning Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAPCA7745L1Z2 | Haryana | Active | 06 Jul 2017 |
To see the full GST registrations and return filing status of Aakash Ginning Industries Private Limited, buy the company report.
Recent activity
Aakash Ginning Industries Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Aakash was appointed as Managing Director on 06 Jul 2017.
AGM
Aakash Ginning Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Aakash Ginning Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 0.77 Cr with Charge ID 100386975 was registered on 06 Oct 2020.
Charges
A charge with Others amounted to Rs. 4.95 Cr with Charge ID 100141356 was registered on 08 Nov 2017.
Appointed
Aakash was appointed as Managing Director.
Appointed
Shobha Sharma was appointed as Director.
Appointed
Sumit Singla was appointed as Director.
Incorporation
06 Jul 2017
Aakash Ginning Industries Private Limited was registered on 06 Jul 2017 with Roc Delhi & aged 9 years 3 months as per MCA records.
Frequently asked questions
Aakash Ginning Industries is an active private limited company based in Palwal, Haryana, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 July 2017 (9+ years old) and is registered under CIN U01100HR2017PTC069789.
Aakash Ginning Industries has 3 current directors:
- Aakash - Managing Director
- Shobha Sharma - Director
- Sumit Singla - Director
The latest financial statements of Aakash Ginning Industries 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 FY 2018 are in the company report.
The GSTIN of Aakash Ginning Industries is 06AAPCA7745L1Z2, registered in Haryana.
The CIN (Corporate Identification Number) of Aakash Ginning Industries is U01100HR2017PTC069789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakash Ginning Industries has 2 court cases on record: 2 filed against it. 2 are pending.
Aakash Ginning Industries was incorporated on 06 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Aakash was appointed as Managing Director on 06 Jul 2017. Shobha Sharma was appointed as Director on 06 Jul 2017. Sumit Singla was appointed as Director on 06 Jul 2017.
Yes, Aakash Ginning Industries is registered as a small enterprise under Udyam registration (number: UDYAM-HR-20-0000141).
Aakash Ginning Industries can be reached through the website aakashginning.com. Its registered office is in Palwal, Haryana, India.
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