Akal Finlease Limited Company Logo

Akal Finlease Limited - Company Profile

It is a financial services public limited company based in Distt Gurdaspur, Punjab, India, established in 1997.

1997 | Distt Gurdaspur, Punjab, India | Dissolved Under Section 59(8)
Last Updated:

About Akal Finlease Limited

Akal Finlease Limited, a dissolved under section 59(8) public limited company, was established on 06 January 1997 in Distt Gurdaspur, Punjab, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65921PB1997PLC019260. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹6.35 M.

It upholds a compliant status. Its leadership includes Sarbjit Singh (Whole-Time Director), Mittarman Singh (Whole-Time Director), Jatinder Singh (Director). Past directors included Navjot Bajwa, Satnam Singh, Palwinder Kaur. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at 13New Guru Nanak Market Shashtri Nagar Batala, Distt Gurdaspur, Punjab, 143505.

Company Details

  • CIN/LLPIN

    U65921PB1997PLC019260

  • Registration Number

    019260

  • Incorporation Date

    06 January 1997

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹6.35 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Dissolved Under Section 59(8)

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.35 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -3.79%
  • Profit Growth -71.49%
  • Ebitda -20.16%
  • Net Worth 0.41%
  • Total Assets -3.38%
Company report

Akal Finlease Limited

Company Report FY 2025-2026

Explore comprehensive insights into Akal Finlease Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akal Finlease Limited?

Current Directors

NameDesignationAppointment DateStatus
Sarbjit SinghWhole-Time Director06 Jan 1997Current
Mittarman SinghWhole-Time Director06 May 1999Current
Jatinder SinghDirector01 Feb 2000Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Aug 2018Past
Pramod AbcsddManaging Director29 Mar 2016Past
Pramod AbcsddWhole-Time Director20 Aug 2018Past

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Financial Performance of Akal Finlease.

Akal Finlease Limited, for the financial year ended 2015, experienced Minor drop in revenue, with a 3.79% decrease. The company also saw a substantial fall in profitability, with a 71.49% decrease in profit. The company's net worth moved up by a moderate rise of 0.41%.

Akal Finlease revenue growth over time
Akal Finlease profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-3.79%
Revenue from Operations
-3.79%
Total Assets
-3.38%
Profit or Loss
-71.49%
Net Worth
0.41%
EBITDA
-20.16%

What is the Ownership and Shareholding Structure of Akal Finlease?

In 2017, Akal Finlease had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Akal Finlease?

Unlock and access historical data on people associated with Akal Finlease, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Akal Finlease Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akal Finlease, 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 Akal Finlease's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Akal Finlease

Recent Activity within the Organization

  • Annual General Meeting

    The activity Akal Finlease Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Akal Finlease Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chandigarh. was documented.

  • Director Appointment

    Progress on Jatinder Singh was appointed as a Director was appointed as a Director on 01 Feb 2000 & has been associated with this company since 25 years 11 months . was documented.

  • Director Appointment

    Mittarman Singh was appointed as a Whole-time director was appointed as a Whole-time director on 06 May 1999 & has been associated with this company since 26 years 7 months . was recorded as a recent event.

  • Director Appointment

    Sarbjit Singh was appointed as a Whole-time director was appointed as a Whole-time director on 06 Jan 1997 & has been associated with this company since 28 years 11 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Akal Finlease Limited was registered on 06 Jan 1997 with Roc Chandigarh & aged 28 years 11 months as per MCA records. was documented.

Frequently Asked Questions

  • What is the CIN of Akal Finlease Limited?

    The CIN of Akal Finlease Limited is U65921PB1997PLC019260.

  • Where is Akal Finlease Limited headquartered?

    Akal Finlease Limited is headquartered at 13New Guru Nanak Market Shashtri Nagar Batala, Distt Gurdaspur, Punjab, 143505.

  • When was Akal Finlease Limited incorporated?

    Akal Finlease Limited was incorporated on 06 January 1997.

  • Who are the current directors of Akal Finlease Limited?

    The current directors of Akal Finlease Limited are

  • What is the primary industry of Akal Finlease Limited?

    The primary industry of Akal Finlease Limited is Financial And Insurance Service.

  • Is Akal Finlease Limited a listed company?

    Akal Finlease Limited is unlisted.

  • What is the capital structure of Akal Finlease Limited?

    The authorized capital of Akal Finlease Limited is ₹7.50 M, and the paid-up capital is ₹6.35 M.

  • What is the compliance status of Akal Finlease Limited?

    The compliance status of Akal Finlease Limited is Compliant.

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