Akaar Founders Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bag Belgaum, Karnataka, India, established in 1983.
1983 Bag Belgaum, Karnataka, India Active
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About Akaar Founders Private Limited

Akaar Founders Private Limited, a active private limited company, was established on 07 March 1983 in Bag Belgaum, Karnataka, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U85110KA1983PTC005202. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.81 M.

It upholds a compliant status. Employing 30 professional, Its leadership includes Vaishali Ashok Kamat (Director), Ashim Ashok Kamat (Managing Director), Ratnakar Mankad (Director). Past directors included Ashok Laxman Kamat, Ashim Ashok Kamat, Ramesh Devidas Kasbekar. It holds ₹5.39 Cr open charges and ₹9.07 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at M-31, Industrial Estate, Udyambag, Belgaum, Bag Belgaum, Karnataka, 590008.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U85110KA1983PTC005202

  • Registration Number

    005202

  • Incorporation Date

    07 March 1983

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.81 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.81 M
  • Company Age 43 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.39 Cr
  • Satisfied Charges ₹ 9.07 M
  • Revenue Growth **** 200.41%
  • Profit Growth **** 367.75%
  • Ebitda **** 419.33%
  • Net Worth 59.00%
  • Total Assets **** 62.59%
Company report

Akaar Founders Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akaar Founders Private 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 Akaar Founders Private Limited?
Current Directors
Name Designation Appointment Date Status
Vaishali Ashok Kamat Director 07 Mar 1983 Current
Ashim Ashok Kamat Managing Director 01 Jul 2011 Current
Ratnakar Mankad Director 30 Sep 2005 Current
Bhagyashree Ashim Kamat Director 25 Jul 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 12 Jul 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2011 Past
Pramod Abcsdd Director 13 Jan 2011 Past
Pramod Abcsdd Additional Director 25 Sep 2015 Past

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Financial Performance of Akaar Founders.

Akaar Founders Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 200.41% increase. The company also saw a substantial improvement in profitability, with a 367.75% increase in profit. The company's net worth Soared by an impressive increase of 59%.

Akaar Founders revenue growth over time
Akaar Founders 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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 200.41%
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Revenue from Operations
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 229.14%
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*******
*******
Total Assets
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 62.59%
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*******
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Profit or Loss
*******
 367.75%
*******
*******
*******
*******
Net Worth
*******
 59.00%
*******
*******
*******
*******
EBITDA
*******
 419.33%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akaar Founders?

In 2022, Akaar Founders had a public holding of 0.17%. 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

₹53,850,000.00

Satisfied Charges

₹9,070,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 3.40 Cr
  • Canara Bank : 0.87 Cr
  • State Bank Of India : 0.76 Cr
  • Karanataka State Financial Corportion : 0.37 Cr
Latest Charge Details
Date Lender Amount Status
03 Nov 2023 Hdfc Bank Limited ₹3.00 Cr Open
31 Oct 2022 Hdfc Bank Limited ₹4.00 M Open
12 Dec 2012 Canara Bank ₹0.95 M Open
28 Mar 2012 Canara Bank ₹2.70 M Open
01 Jul 2011 Canara Bank ₹5.00 M Open

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How Many Employees Work at Akaar Founders?

Akaar Founders has a workforce of 30 employees as of Apr 09, 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 Akaar Founders, 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 Akaar Founders'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 Akaar Founders
Recent Activity within the Organization
  • Annual General Meeting

    The activity Akaar Founders Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Akaar Founders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 M with Charge ID 100912283 was registered on 03 Nov 2023. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.00 M with Charge ID 100676656 was registered on 31 Oct 2022. was recorded as a recent event.

  • Director Appointment

    The activity Bhagyashree Ashim Kamat was appointed as a Director was appointed as a Director on 25 Jul 2015 & has been associated with this company since 10 years 7 months . was completed.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.95 M with Charge ID 10480948 was registered on 12 Dec 2012. was documented.

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Frequently Asked Questions
What is the CIN of Akaar Founders Private Limited?

The CIN of Akaar Founders Private Limited is U85110KA1983PTC005202.

Where is Akaar Founders Private Limited headquartered?

Akaar Founders Private Limited is headquartered at M-31, Industrial Estate, Udyambag, Belgaum, Bag Belgaum, Karnataka, 590008.

When was Akaar Founders Private Limited incorporated?

Akaar Founders Private Limited was incorporated on 07 March 1983.

Who are the current directors of Akaar Founders Private Limited?

The current directors of Akaar Founders Private Limited are

What is the primary industry of Akaar Founders Private Limited?

The primary industry of Akaar Founders Private Limited is Manufacturing.

Is Akaar Founders Private Limited a listed company?

Akaar Founders Private Limited is unlisted.

What is the capital structure of Akaar Founders Private Limited?

The authorized capital of Akaar Founders Private Limited is ₹2.00 M, and the paid-up capital is ₹1.81 M.

What is the compliance status of Akaar Founders Private Limited?

The compliance status of Akaar Founders Private Limited is Compliant.

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