Akal Electricals Private Limited

Akal Electricals Private Limited - consumer electronics & durables in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U31102PB1999PTC031620 Incorporated 10 March 1999 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company consumer electronics and durables
Data last updated
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.81 Cr
Issued & subscribed
Open charges
₹30.82 Cr
Satisfied ₹9.64 Cr
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2018
Balance sheet date
Last AGM
29 Sep 2018
Annual general meeting

About Akal Electricals Private Limited

Data last updated:

Akal Electricals Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 10 March 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31102PB1999PTC031620. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.81 Cr. It is led by directors Ishant Aggarwal and Gursharan Dass Aggarwal.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 2657 Gurdev Nagar, Ludhiana, Punjab, India – 141001.

As per MCA filings, the company has open charges of ₹30.82 Cr and satisfied charges of ₹9.64 Cr on record. Court records list 28 cases involving the company, including 5 filed by the company and 23 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U31102PB1999PTC031620
Registration Number 031620
Incorporation Date 10 March 1999
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

CIN history

Akal Electricals has one previous CIN (Corporate Identification Number): U31102CH1999PTC022324. The current CIN is U31102PB1999PTC031620, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31102PB1999PTC031620Current
U31102CH1999PTC022324Previous

Contact details

Akal Electricals Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.

  • Email
  • Registered Address
    2657 Gurdev Nagar, Ludhiana, Punjab, India – 141001
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Akal Electricals Private Limited, buy the company report.

Comprehensive company report
Akal Electricals Private Limited - one report that includes everything
  • 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
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Financials of Akal Electricals Private Limited

FY 2018 filings available

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2017-18FY 2016-17FY 2015-16FY 2014-15
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

To see the full financial statements and ratios of Akal Electricals Private Limited, buy the company report.

Board of directors of Akal Electricals Private Limited

Akal Electricals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ishant AggarwalDirector28 Mar 201214 Years 6 MonthsCurrent
Gursharan Dass AggarwalDirector01 Jan 200620 Years 9 MonthsCurrent

Auditor

Akal Electricals Private Limited is audited by BANDA & ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
BANDA & ASSOCIATESFY 2018006264N

Shareholding

The shareholding of Akal Electricals Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Akal Electricals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30.82 Cr
Satisfied charges
₹9.64 Cr
Breakdown by lending institutions
Bank of Baroda₹17.59 Cr
Edelweiss Asset Reconstruction Company Limited₹13.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Aug 201010237715Edelweiss Asset Reconstruction Company Limited₹13.23 CrOpen
27 Jul 200910171669Bank of Baroda₹5 CrOpen
11 Apr 200810108278Bank of Baroda₹12.59 CrOpen
16 Feb 200680021193State Bank of India₹9.28 CrSatisfied
07 Mar 200390175376State Bank of India₹15 LakhSatisfied

To see the full charge records of Akal Electricals Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Akal Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Akal Electricals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Akal Electricals Private Limited, buy the company report.

Recent activity

Akal Electricals Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Kanta Rani ceased to be Director on 15 Sep 2012.

AGM
Akal Electricals Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Akal Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.
Charges
A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 13.23 Cr registered on 17 Aug 2010 with Charge ID 10237715 was modified on 26 Jun 2014.
Ceased
Kanta Rani ceased to be Director.
Appointed
Ishant Aggarwal was appointed as Director.
Ceased
Ishant Aggarwal ceased to be Director.
Charges
A charge with Edelweiss Asset Reconstruction Company Limited amounted to Rs. 13.23 Cr with Charge ID 10237715 was registered on 17 Aug 2010.
Ceased
Yash Gupta Pal ceased to be Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 5.00 Cr with Charge ID 10171669 was registered on 27 Jul 2009.
Charges
A charge with Bank Of Baroda of Rs. 12.59 Cr registered on 11 Apr 2008 with Charge ID 10108278 was modified on 31 Dec 2008.
Charges
A charge registered on 16 Feb 2006 via Charge ID 80021193 with State Bank Of India was fully satisfied on 11 Jun 2008.
Charges
A charge with Bank Of Baroda amounted to Rs. 12.59 Cr with Charge ID 10108278 was registered on 11 Apr 2008.

12 earlier events are in the company report.

Frequently asked questions

Akal Electricals is an active private limited company based in Ludhiana, Punjab, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 10 March 1999 (27+ years old) and is registered under CIN U31102PB1999PTC031620.

Akal Electricals has 2 current directors:

The latest financial statements of Akal Electricals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

No. Akal Electricals has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Akal Electricals is U31102PB1999PTC031620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akal Electricals has 28 court cases on record: 5 filed by the company and 23 filed against it. 1 is pending. Most are in the district courts.

Akal Electricals was incorporated on 10 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.

Kanta Rani ceased to be Director on 15 Sep 2012. Ishant Aggarwal was appointed as Director on 28 Mar 2012. Ishant Aggarwal ceased to be Director on 15 Dec 2011. Akal Electricals has 5 board changes on record in total.

The registered office of Akal Electricals is at 2657 Gurdev Nagar, Ludhiana, Punjab, India – 141001.

Akal Electricals operates in the consumer electronics and durables industry, in the electronics manufacturing segment.