Ak Edu Technologies Private Limited
About Ak Edu Technologies Private Limited
Data last updated:
Ak Edu Technologies Private Limited is a foreign private limited company based in Amritsar, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 28 March 2013.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2013FTC037278. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.04 Lakh. It was formerly known as Tablets Investments India Private Limited. It is led by directors Kamaljit Singh and Amar Jit Kaur.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 563 East Mohan Nagar A, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2015, the company reported a revenue of ₹56.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.11 Lakh (net margin 0%) and EBITDA of ₹1.36 Lakh (EBITDA margin 0%).
The company has about 90 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Company details
Contact details
Ak Edu Technologies Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address563 East Mohan Nagar A, Amritsar, Punjab, India – 143001
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Ak Edu Technologies 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 Ak Edu Technologies 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 Ak Edu Technologies Private Limited, buy the company report.
Financials of Ak Edu Technologies Private Limited
FY 2015 filings availableAk Edu Technologies Private Limited reported revenue of ₹56.29 Cr (up 2072% YoY) for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹56.29 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.36 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.11 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0% |
| Net Profit Margin | 0% |
| 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 Ak Edu Technologies Private Limited, buy the company report.
Board of directors of Ak Edu Technologies Private Limited
Ak Edu Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamaljit Singh | Director | 13 Aug 2014 | 12 Years 2 Months | As last reported |
| Amar Jit Kaur | Additional Director | 18 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Ak Edu Technologies Private Limited is audited by Iqbal Singh Gulati & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Iqbal Singh Gulati & Co. | FY 2015 |
Shareholding
The shareholding of Ak Edu Technologies Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ak Edu Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2016 | 100090403 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Ak Edu Technologies Private Limited has 4 court cases on record: 1 filed by Ak Edu Technologies, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hoshiarpur, Punjab | Civil suit | Filed against the company by Ola Display India Ltd. | Disposed |
| District court, Hoshiarpur, Punjab | Civil suit | Filed against the company by Ola Display India Ltd | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab National Bank | Disposed |
To see the full case history of Ak Edu Technologies 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 Ak Edu Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ak Edu Technologies Private Limited has a workforce of 90 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Ak Edu Technologies has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ak Edu Technologies Private Limited, buy the company report.
Recent activity
Ak Edu Technologies Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Amar Jit Kaur was appointed as Additional Director on 18 Apr 2015.
Frequently asked questions
Ak Edu Technologies is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ak Edu Technologies is a company under insolvency, formerly operating as a foreign private limited company based in Amritsar, Punjab, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 28 March 2013 and is registered under CIN U72900PB2013FTC037278. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ak Edu Technologies has 2 current directors:
- Kamaljit Singh - Director
- Amar Jit Kaur - Additional Director
The latest financial statements of Ak Edu Technologies on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ak Edu Technologies is U72900PB2013FTC037278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ak Edu Technologies has open charges of ₹1 Cr and no satisfied charges on record as per latest MCA filings.
Ak Edu Technologies has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Ak Edu Technologies was incorporated on 28 March 2013. It is registered with the Registrar of Companies, Chandigarh.
Amar Jit Kaur was appointed as Additional Director on 18 Apr 2015. Fifth Viscount Bearsted ceased to be Director on 18 Apr 2015. Rupinder Singh Minhas ceased to be Additional Director on 18 Apr 2015. Ak Edu Technologies has 6 board changes on record in total.
The registered office of Ak Edu Technologies is at 563 East Mohan Nagar A, Amritsar, Punjab, India – 143001.
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