- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000612

About Aakruti Boardlam Private Limited
Data last updated:
Aakruti Boardlam Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 27 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20296GJ2014PTC079936. Its GSTIN is 24AAMCA7199K1Z1 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.93 Cr. It is led by directors including Rakesh Ramesh Chandra Bariya and Kartikkumar Ashokkumar Vasiyar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Business 2 Office No. 208 Nr. Krishna Medical Kalawad Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2023, the company reported a revenue of ₹52.77 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹57.87 Lakh (net margin 1.1%) and EBITDA of ₹10.47 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aakruti Boardlam. As per MCA filings, the company has open charges of ₹23.93 Cr and satisfied charges of ₹54.64 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 4 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in April 2015.
Aakruti Boardlam Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000612). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakrutiboardlam.com.
Company details
Recognitions & Rankings of Aakruti Boardlam
Contact details
Aakruti Boardlam Private Limited's registered office is in Rajkot, Gujarat. Its website is aakrutiboardlam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBusiness 2 Office No. 208 Nr. Krishna Medical Kalawad Road, Rajkot, Gujarat, India – 360001
- IndustryManufacturing, Wood Products & MDF
To see the full contact details of Aakruti Boardlam 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
Brands
Aakruti Boardlam operates one associated brand: Aakruti Boardlam. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of pre-laminated particle boards and related wood products in India. | aakrutiboardlam.com |
Financials of Aakruti Boardlam Private Limited
FY 2025 filings availableAakruti Boardlam Private Limited reported revenue of ₹52.77 Cr (down 8% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 22% 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 | ₹52.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Aakruti Boardlam Private Limited, buy the company report.
Board of directors of Aakruti Boardlam Private Limited
Aakruti Boardlam has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Ramesh Chandra Bariya | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Kartikkumar Ashokkumar Vasiyar Also directs: Auramak Ventures Private Limited | Director | 27 Jan 2020 | 6 Years 9 Months | Current |
| Rameshbhai Panara | Director | 23 Jul 2014 | 12 Years 3 Months | Current |
| Saurin Jitendrakumar Shah | Director | 23 Jul 2014 | 12 Years 3 Months | Current |
| Alpesh Khimjibhai Maru Also directs: Ackma Woodlam Private Limited | Director | 07 Jan 2020 | 6 Years 10 Months | Current |
Auditor
Aakruti Boardlam Private Limited is audited by NRP & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NRP & ASSOCIATES | FY 2023 | 138030W |
Shareholding
The shareholding of Aakruti Boardlam 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 Aakruti Boardlam Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2019 | 100317979 | Hdfc Bank Limited | ₹23.93 Cr | Open | |
| 21 Aug 2018 | 100244907 | Canara Bank | ₹27.5 Lakh | Satisfied | |
| 12 Feb 2015 | 10551503 | Canara Bank | ₹27.18 Cr | Satisfied | |
| 04 Feb 2015 | 10551507 | Canara Bank | ₹27.18 Cr | Satisfied |
To see the full charge records of Aakruti Boardlam Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Aakruti Boardlam Private Limited has 2 deals on record (2 rights issues); the latest was in April 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Rights issue | ₹3.93 Cr | Investors: 4 individuals |
| Aug 2014 | Rights issue | ₹75 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aakruti Boardlam Private Limited has 8 court cases on record: 2 filed by Aakruti Boardlam, 6 filed against it. 4 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| NCLT | 2 | 2 | 2 |
| NCLAT | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (Rst.A(IBC)) | Filed against the company by Nikunj Woods Private Limited | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Nikunjwoods Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Nikunjwoods Pvt Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Nikunj Woods Private Limited | Disposed |
| District court, MORBI, Gujarat | Commercial matter | Filed by the company against individuals | Pending |
To see the full case history of Aakruti Boardlam 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 Aakruti Boardlam Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aakruti Boardlam Private Limited has a workforce of 43 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Aakruti Boardlam has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCA7199K1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aakruti Boardlam Private Limited, buy the company report.
Recent activity
Aakruti Boardlam Private Limited has 11 board changes on record since 2014: 5 appointments and 6 cessations. The latest: Rakesh Ramesh Chandra Bariya was appointed as Director on 26 Aug 2020.
12 earlier events are in the company report.
Frequently asked questions
Aakruti Boardlam is an active private limited company based in Rajkot, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 27 June 2014 (12+ years old) and is registered under CIN U20296GJ2014PTC079936.
Aakruti Boardlam has 5 current directors:
- Rakesh Ramesh Chandra Bariya - Director
- Kartikkumar Ashokkumar Vasiyar - Director
- Rameshbhai Panara - Director
- Saurin Jitendrakumar Shah - Director
- Alpesh Khimjibhai Maru - Director
The latest financial statements of Aakruti Boardlam on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakruti Boardlam is 24AAMCA7199K1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Aakruti Boardlam is U20296GJ2014PTC079936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakruti Boardlam has 8 court cases on record: 2 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Aakruti Boardlam was incorporated on 27 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aakruti Boardlam has 2 deals on record (2 rights issues); the latest was in April 2015.
Rakesh Ramesh Chandra Bariya was appointed as Director on 26 Aug 2020. Bipinbhai Nathabhai Zalavadia ceased to be Director on 05 Mar 2020. Jyotish Nathabhai Zalavadia ceased to be Director on 05 Mar 2020. Aakruti Boardlam has 11 board changes on record in total.
Yes, Aakruti Boardlam is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000612).

