Akaar Founders Private Limited Company Logo

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

  • 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 Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.81 M
  • Company Age 42 Year, 9 Months
  • 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

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

NameDesignationAppointment DateStatus
Vaishali Ashok KamatDirector07 Mar 1983Current
Ashim Ashok KamatManaging Director01 Jul 2011Current
Ratnakar MankadDirector30 Sep 2005Current
Bhagyashree Ashim KamatDirector25 Jul 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director12 Jul 2014Past
Pramod AbcsddAdditional Director30 Sep 2011Past
Pramod AbcsddDirector13 Jan 2011Past
Pramod AbcsddAdditional Director25 Sep 2015Past

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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
  • 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
200.41%
Revenue from Operations
229.14%
Total Assets
62.59%
Profit or Loss
367.75%
Net Worth
59.00%
EBITDA
419.33%

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.

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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

DateLenderAmountStatus
03 Nov 2023Hdfc Bank Limited₹3.00 CrOpen
31 Oct 2022Hdfc Bank Limited₹4.00 MOpen
12 Dec 2012Canara Bank₹0.95 MOpen
28 Mar 2012Canara Bank₹2.70 MOpen
01 Jul 2011Canara Bank₹5.00 MOpen

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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 growth trends for Akaar Founders Private Limited

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

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Latest Updates, News, and FAQs on Akaar Founders

Recent Activity within the Organization

  • Annual General Meeting

    Akaar Founders Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • 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

    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 4 months . was recorded as a recent event.

  • Charges

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

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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