Akaash Belting Pvt Ltd
Manufactures v-belts since 1994, based in Punjab.
1994 | Muktsar, Punjab (India) | Active
Akaash Belting Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.78 M
- Company Age 31 Year, 23 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.06 Cr
- Satisfied Charges ₹ 2.05 Cr
- Revenue Growth 12.51%
- Profit Growth 18.50%
- Ebitda 29.87%
- Net Worth 17.58%
- Total Assets 0.24%
About Akaash Belting
Akaash Belting Pvt Ltd (ABPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 May 1994 and has a history of 31 years. Its registered office is in Muktsar, Punjab, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.78 M.
The company currently has active open charges totaling ₹4.06 Cr. The company has closed loans amounting to ₹2.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satish Kumar, Aman Asija, Arun Papneja, and One other member serve as directors at the Company.
Company Details
- Location
Muktsar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25199PB1994PTC014596
- Company No.
014596
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Akaash Belting Pvt Ltd offer?
Akaash Belting Pvt Ltd offers a wide range of products and services, including Industrial Belts & V Belts, Machine Belt, V Belts.
Akaash Belting Pvt Ltd
Explore comprehensive data for Akaash Belting Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Akaash Belting?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Kumar  | Managing Director | 20-May-1994 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aman Asija | Director | 31-Jan-2023 | Current |
| Arun Papneja | Director | 05-Jul-2023 | Current |
| Raj Rani | Director | 20-May-1994 | Current |
Financial Performance of Akaash Belting.
Akaash Belting Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 12.51% increase. The company also saw a substantial improvement in profitability, with a 18.5% increase in profit. The company's net worth Soared by an impressive increase of 17.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akaash Belting?
In 2021, Akaash Belting had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹40.62 M
Satisfied Charges
₹20.48 M
Charges Breakdown by Lending Institutions
- Others : 3.40 Cr
- Punjab Financial Corp. : 0.33 Cr
- Punjab Financial Coporation : 0.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2023 | Others | ₹5.00 M | Open |
| 28 Oct 2021 | Others | ₹0.77 M | Open |
| 03 Apr 2021 | Others | ₹1.85 M | Open |
| 01 Jun 2019 | Others | ₹8.90 M | Open |
| 01 May 2019 | Others | ₹2.50 M | Open |
How Many Employees Work at Akaash Belting?
Akaash Belting has a workforce of 40 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akaash Belting, 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 Akaash Belting's trajectory.
Rating
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
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.
Latest Updates, News, and FAQs on Akaash Belting
Recent activity within the organization
- Annual General Meeting
Akaash Belting Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 12 Nov 2020 via Charge ID 100384910 with Others was fully satisfied on 10 Jun 2024.
- Balance Sheet
Akaash Belting Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Others amounted to Rs. 5.00 M with Charge ID 100786379 was registered on 11 Sep 2023.
- Director Appointment
Arun Kumar Papneja was appointed as a Director was appointed as a Director on 05 Jul 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Aman Deep Asija was appointed as a Director was appointed as a Director on 31 Jan 2023 & has been associated with this company since 2 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Akaash Belting Pvt Ltd?
Akaash Belting Pvt Ltd was incorporated on 20 May 1994.
What is authorized share capital and paid-up capital of Akaash Belting Pvt Ltd?
The authorized share capital of Akaash Belting Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 1.78 M.
Who are the current board members & directors of Akaash Belting Pvt Ltd?
Currently 4 directors are associated with Akaash Belting Pvt Ltd.
- Satish Assija Kumar
- Aman Deep Asija
- Arun Kumar Papneja
- Raj Rani
What is the registered address of Akaash Belting Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Akaash Belting Pvt Ltd is Opposite Sugar Mill Muktsar Road, India, Malout, Punjab, 152107.
What is the corporate identification number (CIN) and company number of Akaash Belting Pvt Ltd?
The corporate identification number (CIN) of Akaash Belting Pvt Ltd is U25199PB1994PTC014596 and the company number is 014596 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Akaash Belting Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Akaash Belting Pvt Ltd has risen by 12.51%.
How many employees does Akaash Belting Pvt Ltd currently have?
As Per 2022 financial reports, 40 employees are currently employed by Akaash Belting Pvt Ltd.
What change has been observed in the net worth of Akaash Belting Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Akaash Belting Pvt Ltd has experienced an upsurge of 17.58%.
What are the total open charges for Akaash Belting Pvt Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Akaash Belting Pvt Ltd amount to ₹ 4.06 Cr.
When was the last Balance Sheet of Akaash Belting Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Akaash Belting Pvt Ltd was filed with the ROC on 31 Mar 2024.
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