Akai Impex Limited - manufacturing in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U51225MH2014PLC252543 Incorporated 28 January 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Public Limited Company manufacturing
Data last updated
Revenue · FY 2020
₹60.75 Lakh
▼ 60% YoY
Net profit · FY 2020
₹27,299
Net margin 0.4%
EBITDA · FY 2020
-₹4.75 Lakh
EBITDA margin -7.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Akai Impex Limited

Data last updated:

Akai Impex Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Afloat Textile (India) Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 January 2014.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51225MH2014PLC252543. Its GSTIN is 27AAMCA6188L1ZY (Maharashtra).

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Arindam H Das and Vilas Laxman Jadhav.

Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.

As per the financials filed for FY 2020, the company reported a revenue of ₹60.75 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹27,299 (net margin 0.4%) and EBITDA of -₹4.75 Lakh (EBITDA margin -7.8%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 16% over five years.

Court records list 65 cases involving the company, including 11 filed by the company and 49 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2017.

Company Details of Akai Impex Limited
CIN U51225MH2014PLC252543
Registration Number 252543
Incorporation Date 28 January 2014
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 28 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Afloat Textile (India) Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    405 Dalamal House 4th Floor Plot 206 Jamnalal Bajaj Marg Nariman P, Oint, Mumbai, Maharashtra, India – 400021
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Akai Impex Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Akai Impex Limited FY 2023 filings available

Akai Impex Limited reported revenue of ₹60.75 Lakh (down 60% YoY) for FY 2020.

Revenue · FY 2020
₹60.75 Lakh ▼ 60%
Net profit · FY 2020
₹27,299 margin 0.4%
EBITDA · FY 2020
-₹4.75 Lakh margin -7.8%

Compounded Annual Growth Rate (CAGR) of Akai Impex Limited

Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 60% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Akai Impex Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹60.75 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹4.75 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹27,299••••••••••••••••
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 of Akai Impex Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin-7.8%••••••••••••••••
Net Profit Margin0.4%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akai Impex are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Akai Impex Limited

Akai Impex Limited is audited by V M R S & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
V M R S & COLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Akai Impex Limited

Akai Impex has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Arindam H DasDirector28 Jan 201412 Years 8 MonthsAs last reported
Vilas Laxman JadhavDirector25 Nov 20169 Years 10 MonthsAs last reported
Jagdish Prasad Ramadhin VermaDirector01 Oct 20197 Years 0 MonthsAs last reported

Ownership and Shareholding of Akai Impex Limited

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Charges & Borrowings of Akai Impex Limited

Akai Impex Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Akai Impex Limited

Akai Impex Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2017.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2017Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Aafloat Textile (India) Limited & Vilas Jadhav, Aafloat Textile (India) Limited, Aafloat Textile (India) Limited & Durgaprasad Mishra
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Full deal history

All 1 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Akai Impex Limited

Employment history and EPFO contributions of people linked to Akai Impex.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Akai Impex Limited

Akai Impex Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Jagdish Prasad Ramadhin Verma ceased to be Additional Director on 30 Dec 2020.

AGM
Akai Impex Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
Filing
Akai Impex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Jagdish Prasad Ramadhin Verma ceased to be Additional Director.
Ceased
Bhawani Singh Shekhawat ceased to be Director.
Appointed
Jagdish Prasad Ramadhin Verma was appointed as Director.
Ceased
Vilas Laxman Jadhav ceased to be Additional Director.
Ceased
Durgaprasad Motilal Mishra ceased to be Director.
Appointed
Vilas Laxman Jadhav was appointed as Director.
Ceased
Sanjay Dhelia ceased to be Director.
Appointed
Arindam H Das was appointed as Director.
Incorporation
28 Jan 2014
Akai Impex Limited was registered on 28 Jan 2014 with Roc Mumbai & aged 12 years 8 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Akai Impex Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Akai Impex Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Akai Impex Limited

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Corporate group structure

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GST Compliance of Akai Impex Limited

Akai Impex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAMCA6188L1ZYMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Akai Impex Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Akai Impex Limited

Akai Impex has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Akai Impex was a public limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 28 January 2014 and is registered under CIN U51225MH2014PLC252543. The company has been struck off by the Registrar of Companies and is no longer operational.

Akai Impex had 3 directors:

The CIN (Corporate Identification Number) of Akai Impex is U51225MH2014PLC252543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Akai Impex is at 405 Dalamal House 4th Floor Plot 206 Jamnalal Bajaj Marg Nariman P, Oint, Mumbai, Maharashtra, India – 400021.

Akai Impex was incorporated on 28 January 2014. It is registered with the Registrar of Companies, Mumbai.

Akai Impex reported revenue of ₹60.75 Lakh for FY 2020 (down 60% YoY).

Akai Impex has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.

Akai Impex reported a net profit of ₹27,299 (net margin 0.4%) and EBITDA of -₹4.75 Lakh (EBITDA margin -7.8%) for FY 2020, as per its filed financial statements.

The GSTIN of Akai Impex is 27AAMCA6188L1ZY, registered in Maharashtra.

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