Akaar Silk Mills Pvt Ltd
About Akaar Silk Mills Pvt Ltd
Data last updated:
Akaar Silk Mills Pvt Ltd was a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 February 1993.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1993PTC018971.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.06 Lakh. It was led by directors including Vandana Sandeep Rustagi and Sumitkumar Kaluram Rustagi.
Its last annual general meeting (AGM) was held on 08 June 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Shop No – 227 Adarsh Market Opp. Surat Textile Market Ring Road, Gujarat, India – 395002.
As per the financials filed for FY 2016, the company reported a revenue of ₹19,600, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹300 (net margin 1.5%) and EBITDA of ₹482 (EBITDA margin 2.5%).
Company details
Contact details
Akaar Silk Mills Pvt Ltd's registered office is in Surat, Gujarat.
- Registered AddressShop No – 227 Adarsh Market Opp. Surat Textile Market Ring Road, Gujarat, India – 395002
- IndustryTrading, Other Wholesale, Wholesale
- 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
Financials of Akaar Silk Mills Pvt Ltd
FY 2016 filings availableAkaar Silk Mills Pvt Ltd reported revenue of ₹19,600 (up 313% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 313% in the latest year. EBITDA fell 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| EBITDA | ₹482 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹300 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.5% | |
| Net Profit Margin | 1.5% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Akaar Silk Mills Pvt Ltd, buy the company report.
Board of directors of Akaar Silk Mills Pvt Ltd
Akaar Silk Mills has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Sandeep Rustagi Also directs: Uphar Silk Mills Pvt Ltd, Rekha Continental Limited | Director | 01 Nov 2003 | 23 Years 0 Months | As last reported |
| Sumitkumar Kaluram Rustagi | Director | 16 Jul 2003 | 23 Years 3 Months | As last reported |
| Sachinkumar Kaluram Rastogi Also directs: Avishkaar Mills LLP, Rekha Silk Mills Pvt Ltd, Avishkaar Processing Mills Private Limited and 2 more | Director | 21 Dec 1998 | 27 Years 10 Months | As last reported |
Legal cases
No court or tribunal cases involving Akaar Silk Mills Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akaar Silk Mills Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Akaar Silk Mills Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akaar Silk Mills Pvt Ltd has 3 board changes on record since 1998: 3 appointments. The latest: Vandana Sandeep Rustagi was appointed as Director on 01 Nov 2003.
Frequently asked questions
Akaar Silk Mills has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Akaar Silk Mills was a private limited company based in Surat, Gujarat, India. The company worked in other wholesale, within the trading industry. It was incorporated on 15 February 1993 and is registered under CIN U17110GJ1993PTC018971. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Akaar Silk Mills is U17110GJ1993PTC018971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akaar Silk Mills had 3 directors:
- Vandana Sandeep Rustagi - Director
- Sumitkumar Kaluram Rustagi - Director
- Sachinkumar Kaluram Rastogi - Director
Akaar Silk Mills was incorporated on 15 February 1993. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Akaar Silk Mills is at Shop No – 227 Adarsh Market Opp. Surat Textile Market Ring Road, Gujarat, India – 395002.
The latest financial statements of Akaar Silk Mills on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 08 June 2016. Year-wise statements from 2015 are in the company report.
Akaar Silk Mills operated in the trading industry, in the other wholesale segment.
Vandana Sandeep Rustagi was appointed as Director on 01 Nov 2003. Sumitkumar Kaluram Rustagi was appointed as Director on 16 Jul 2003. Sachinkumar Kaluram Rastogi was appointed as Director on 21 Dec 1998.
Akaar Silk Mills can be reached at its registered office: Shop No – 227 Adarsh Market Opp. Surat Textile Market Ring Road, Gujarat, India – 395002.
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