- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0112619

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.
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.
| CIN | Status |
|---|---|
| U27100MH1995PTC094463 | Current |
| U27100MH1995PLC094463 | Previous |
Recognitions & Rankings of Akai Steels
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address741/B Navin Vasahat Panvel, Maharashtra, India – 410208
- IndustryMetals and Minerals, Metal Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Akai Steels Private Limited
FY 2024 filings availableAkai Steels Private Limited reported revenue of ₹33,000 (down 93% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 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
| Metrics | FY 2022-23 | FY 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.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rita Alpesh Gosalia Also directs: A.Navinchandra Steels Private Limited | Director | 17 Mar 2011 | 15 Years 7 Months | Current |
| Navinchandra Chhotalal Gosalia | Director | 14 Nov 1995 | 30 Years 11 Months | Current |
| Alpesh Navinchandra Gosalia Also directs: A.Navinchandra Steels Private Limited | Director | 14 Nov 1995 | 30 Years 11 Months | Current |
Auditor Details
Akai Steels Private Limited is audited by S M Bhat & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S M Bhat & Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2017 | Abhyudaya Co-Operative Bank Limited | ₹10 Cr | Open |
| 27 Oct 2017 | Abhyudaya Co-Operative Bank Limited | ₹10 Cr | Open |
| 10 Oct 2017 | Abhyudaya Co-Operative Bank Limited | ₹19 Lakh | Open |
| 31 Jan 2011 | Abhyudaya Co-Operative Bank Limited | ₹17.9 Cr | Open |
| 31 Jan 2011 | Abhyudaya Co-Op. Bank Ltd. | ₹5 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases
Akai Steels Private Limited has 49 court cases on record: 44 filed by Akai Steels, 5 filed against it. 7 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 4 | 2 |
| High courts | 15 | 1 | 5 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Shree Ram Urban Infrastructure Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed by the company against Satellite Aedifex Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Shah Group Builders Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Satellite Aedifex Pvt Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Vijaygroup Housing Pvt Ltd | Disposed |
: available in the company report
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Akai Steels.
: 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.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Akai Steels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA0646H1ZW | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & 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:
- Rita Alpesh Gosalia - Director
- Navinchandra Chhotalal Gosalia - Director
- Alpesh Navinchandra Gosalia - Director
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.