MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0008672
Akal Sales Private Limited
Akal Sales Private Limited - automotive in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.43 Cr
▲ 81% YoY
Net profit · FY 2024
₹2.15 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹22.15 Lakh
EBITDA margin 9.1%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹35 Lakh
Issued & subscribed
Open charges
₹14 Cr
Satisfied ₹5.7 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
10
Provident fund records
About Akal Sales Private Limited
Data last updated:
Akal Sales Private Limited is a private limited company based in Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 31 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB1996PTC018276. Its GSTIN is 03AAFCA9941G1ZR (Punjab).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors including Surinder Singh Riat (Managing Director) and Randeep Singh Ryait.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at V Po Jugianakanganwal Road Ludhiana, Punjab, India – 141420.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.43 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 0.9%) and EBITDA of ₹22.15 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 8% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹5.7 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
Akal Sales Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0008672). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909PB1996PTC018276
Registration Number 018276
Incorporation Date 31 May 1996
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0008672
Recognitions & Rankings of Akal Sales
Contact details
Akal Sales Private Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressV Po Jugianakanganwal Road Ludhiana, Punjab, India – 141420
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Akal Sales Private Limited, buy the company report.
Comprehensive company report
Akal Sales 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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Secure checkout · GST invoice included
Business activity
The main business activity of Akal Sales is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Akal Sales Private Limited, buy the company report.
Financials of Akal Sales Private Limited
FY 2025 filings availableAkal Sales Private Limited reported revenue of ₹2.43 Cr (up 81% YoY) for FY 2024.
Revenue · FY 2024
₹2.43 Cr ▲ 81%
Net profit · FY 2024
₹2.15 Lakh margin 0.9%
EBITDA · FY 2024
₹22.15 Lakh margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 35%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 35%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 81% growth in the latest year. EBITDA fell 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹22.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.15 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Sales Private Limited, buy the company report.
Board of directors of Akal Sales Private Limited
Akal Sales has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Randeep Singh Ryait | Director | 01 Jul 2010 | 16 Years 4 Months | Current |
| Surinder Singh Riat | Managing Director | 31 May 1996 | 30 Years 5 Months | Current |
| Mehar Kaur | Director | 31 May 1996 | 30 Years 5 Months | Current |
| Harinder Pal Singh Ryait | Director | 01 Nov 2008 | 18 Years 0 Months | Current |
Auditor
Akal Sales Private Limited is audited by RAJESH MEHRU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2023 | 011715N |
Shareholding
The shareholding of Akal Sales Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akal Sales Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Cr
Satisfied charges
₹5.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101148299 | Others | ₹2.93 Cr | Open | |
| 25 Apr 2024 | 100913619 | Others | ₹2 Cr | Open | |
| 26 Jul 2023 | 100779295 | Others | ₹2.36 Cr | Open | |
| 20 Oct 2022 | 100646550 | Others | ₹1.33 Cr | Open | |
| 20 Sep 2003 | 90311906 | Centurion Bank Ltd. | ₹40 Lakh | Open |
To see the full charge records of Akal Sales Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Akal Sales Private Limited has 5 court cases on record: 4 filed by Akal Sales, 1 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S G.M. Traders | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against G M Traders | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| High Court, PUNJAB | Revision petition | Filed by the company against M/S Marip Automotive Co and Anr | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Marip Automotive Co | Disposed |
To see the full case history of Akal Sales Private Limited, buy 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akal Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akal Sales Private Limited has a workforce of 10 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
GST
Akal Sales has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCA9941G1ZR | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akal Sales Private Limited, buy the company report.
Recent activity
Akal Sales Private Limited has 4 board changes on record since 1996: 4 appointments. The latest: Randeep Singh Ryait was appointed as Director on 01 Jul 2010.
AGM
Akal Sales Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 293.00 Lakh with Charge ID 101148299 was registered on 30 Jun 2025.
Filing
Akal Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100913619 was registered on 25 Apr 2024.
Charges
A charge registered on 30 Dec 2021 via Charge ID 100519511 with Yes Bank Limited was fully satisfied on 11 Sep 2023.
Charges
A charge with Others amounted to Rs. 235.86 Lakh with Charge ID 100779295 was registered on 26 Jul 2023.
Charges
A charge with Others amounted to Rs. 132.76 Lakh with Charge ID 100646550 was registered on 20 Oct 2022.
Charges
A charge registered on 02 Dec 2008 via Charge ID 10131663 with Idbi Bank Limited was fully satisfied on 04 Mar 2022.
Charges
A charge registered on 18 Oct 2018 via Charge ID 100215679 with Others was fully satisfied on 27 Jan 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100519511 was registered on 30 Dec 2021.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100215679 was registered on 18 Oct 2018.
Charges
A charge registered on 29 Dec 2004 via Charge ID 90174461 with Uco Bnak was fully satisfied on 23 Jan 2013.
24 earlier events are in the company report.
Frequently asked questions
Akal Sales is an active private limited company based in Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 31 May 1996 (30+ years old) and is registered under CIN U51909PB1996PTC018276.
Akal Sales has 4 current directors:
- Surinder Singh Riat - Managing Director
- Randeep Singh Ryait - Director
- Mehar Kaur - Director
- Harinder Pal Singh Ryait - Director
The latest financial statements of Akal Sales on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akal Sales is 03AAFCA9941G1ZR, registered in Punjab.
The CIN (Corporate Identification Number) of Akal Sales is U51909PB1996PTC018276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akal Sales has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Akal Sales was incorporated on 31 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Randeep Singh Ryait was appointed as Director on 01 Jul 2010. Harinder Pal Singh Ryait was appointed as Director on 01 Nov 2008. Mehar Kaur was appointed as Director on 31 May 1996. Akal Sales has 4 board changes on record in total.
Yes, Akal Sales is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0008672).
The registered office of Akal Sales is at V Po Jugianakanganwal Road Ludhiana, Punjab, India – 141420.
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