Akai Steels Private Limited - metals and minerals in Panvel, Maharashtra, India. FY 2026 financials & compliance.
CIN U27100MH1995PTC094463 Incorporated 14 November 1995 ROC Mumbai HQ Panvel, Maharashtra, India
Active Private Limited Company metals and minerals MSME · Micro
Data last updated
Revenue · FY 2023
₹33,000
▼ 93% YoY
Net loss · FY 2023
₹2.75 Cr
Latest filing
EBITDA · FY 2023
-₹3.18 Lakh
Latest filing
Authorised capital
₹2.52 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹38.09 Cr
Satisfied ₹5 Cr
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Akai Steels Private Limited

Data last updated:

Akai Steels Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 14 November 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1995PTC094463. Its GSTIN is 27AAECA0646H1ZW (Maharashtra).

The company has an authorised share capital of ₹2.52 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Akai Steels Limited. It is led by directors including Rita Alpesh Gosalia and Navinchandra Chhotalal Gosalia.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 741/B Navin Vasahat Panvel, Maharashtra, India – 410208.

As per the financials filed for FY 2023, the company reported a revenue of ₹33,000, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹2.75 Cr and EBITDA of -₹3.18 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 86% over five years.

As per MCA filings, the company has open charges of ₹38.09 Cr and satisfied charges of ₹5 Cr on record. Court records list 49 cases involving the company, including 44 filed by the company and 5 filed against it; 7 cases are pending.

Akai Steels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0112619). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ansteels.com.

Company Details of Akai Steels Private Limited
CIN U27100MH1995PTC094463
Registration Number 094463
Incorporation Date 14 November 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0112619

CIN History

Akai Steels has one previous CIN (Corporate Identification Number): U27100MH1995PLC094463. The current CIN is U27100MH1995PTC094463, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27100MH1995PTC094463Current
U27100MH1995PLC094463Previous

Recognitions & Rankings of Akai Steels

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0112619
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    741/B Navin Vasahat Panvel, Maharashtra, India – 410208
  • Industry
    Metals and Minerals, Metal Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Akai Steels Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Akai Steels Private Limited

FY 2024 filings available

Akai Steels Private Limited reported revenue of ₹33,000 (down 93% YoY) for FY 2023.

Revenue · FY 2023
₹33,000 ▼ 93%
Net loss · FY 2023
₹2.75 Cr
EBITDA · FY 2023
-₹3.18 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 95%
5 years · compounded
▼ 86%

Revenue has declined at a compounded annual rate (CAGR) of 86% over five years, including a 93% 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

MetricsFY 2022-23FY 2018-19 to FY 2021-22in the company report
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue₹33,000
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA-₹3.18 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)-₹2.75 Cr
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

MetricsFY 2022-23FY 2018-19 to FY 2021-22in the company report
Profitability
EBITDA Margin••••
Net Profit Margin••••
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, and every line for FY 2018-19 to FY 2021-22, 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 Steels are in the company report.

Premium access

Financial statements from 2015

Earlier years and trend charts are in the company report.

  • Income statements
  • Balance sheets
  • Cash-flow statements
  • Ratios and benchmarks

Board of Directors of Akai Steels Private Limited

Akai Steels has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rita Alpesh GosaliaDirector17 Mar 201115 Years 7 MonthsCurrent
Navinchandra Chhotalal GosaliaDirector14 Nov 199530 Years 11 MonthsCurrent
Alpesh Navinchandra GosaliaDirector14 Nov 199530 Years 11 MonthsCurrent

Auditor Details

Akai Steels Private Limited is audited by S M Bhat & Associates for the financial year 2023.

NameStatusAppointment DateCessation Date
S M Bhat & AssociatesLockedLockedLocked

Complete auditor history: available in the company report

Ownership and Shareholding

Shareholding and ownership data: available in the company report

Charges & Borrowings

Open charges
₹38.09 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Abhyudaya Co-Operative Bank Limited₹38.09 Cr
Latest charge details
DateLenderAmountStatus
27 Oct 2017Abhyudaya Co-Operative Bank Limited₹10 CrOpen
27 Oct 2017Abhyudaya Co-Operative Bank Limited₹10 CrOpen
10 Oct 2017Abhyudaya Co-Operative Bank Limited₹19 LakhOpen
31 Jan 2011Abhyudaya Co-Operative Bank Limited₹17.9 CrOpen
31 Jan 2011Abhyudaya Co-Op. Bank Ltd.₹5 CrSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance

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

Employee and EPFO history: available in the company report

Recent Activity

Akai Steels Private Limited has 7 board changes on record since 1995: 3 appointments and 4 cessations. The latest: Amit Bipinchandra Gosalia ceased to be Director on 31 Oct 2012.

AGM
Akai Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Akai Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100143081 was registered on 27 Oct 2017.
Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100145304 was registered on 27 Oct 2017.
Charges
A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100143827 was registered on 10 Oct 2017.
Charges
A charge with Abhyudaya Co-Operative Bank Limited of Rs. 17.90 Cr registered on 31 Jan 2011 with Charge ID 10268256 was modified on 01 Sep 2017.
Charges
A charge registered on 31 Jan 2011 via Charge ID 10268253 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 22 Mar 2016.
Ceased
Amit Bipinchandra Gosalia ceased to be Director.
Ceased
Piyush Ratilal Sheth ceased to be Director.
Ceased
Bhavin Rajesh Gosalia ceased to be Director.
Ceased
Tejas Bharat Gosalia ceased to be Director.
Appointed
Rita Alpesh Gosalia was appointed as Director.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts

Credit ratings, litigation, and regulatory alerts: available in the company report

MSME Payment Delays

MSME payment history: available in the company report

Subsidiaries & Group Companies

Corporate group structure: available in the company report

GST Compliance

Akai Steels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECA0646H1ZWMaharashtraActive01 Jul 2017

GST registrations and filing compliance: available in the company report

MCA Filings & Documents

MCA filings and documents: available in the company report

Frequently Asked Questions

Akai Steels is an active private limited company based in Panvel, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 14 November 1995 (31+ years old) and is registered under CIN U27100MH1995PTC094463.

Akai Steels has 3 current directors:

The latest financial statements of Akai Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Akai Steels is 27AAECA0646H1ZW, registered in Maharashtra.

The CIN (Corporate Identification Number) of Akai Steels is U27100MH1995PTC094463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akai Steels has 49 court cases on record: 44 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.

Akai Steels was incorporated on 14 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Amit Bipinchandra Gosalia ceased to be Director on 31 Oct 2012. Piyush Ratilal Sheth ceased to be Director on 31 Oct 2012. Bhavin Rajesh Gosalia ceased to be Director on 21 Sep 2012. Akai Steels has 7 board changes on record in total.

Yes, Akai Steels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0112619).

Akai Steels can be reached through the website ansteels.com. Its registered office is in Panvel, Maharashtra, India.

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