Akal Spring Ltd - automotive in Punjab, Punjab, India. FY 2026 financials and compliance.
CIN U28991PB1974PLC003498 Incorporated 28 September 1974 ROC Chandigarh HQ Punjab, Punjab, India
Active Public Limited Company automotive
Data last updated
Revenue · FY 2025
₹113.93 Cr
▼ 11.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.88 Cr
Issued & subscribed
Open charges
₹21.87 Cr
Satisfied ₹16.24 Cr
Company age
52 yrs
Est. 1974
Employees · EPFO
365
Latest available

About Akal Spring Ltd

Data last updated: 23 December 2025

Akal Spring Ltd is a public limited company based in Punjab, Punjab, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 28 September 1974, the company has been in operation for over 52 years.

Registered with ROC Chandigarh under CIN L28991PB1974PLC003498.

Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.88 Cr. Formerly known as Akal Spring Private Limited. It is led by directors including Bidya Charan Mishra and Amrit Pal Riat.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: A – 8 Phase – V Focal Point Ludhiana, Punjab, Punjab, India – 141010.

As per the financials filed for FY 2025, the company reported a revenue of ₹113.93 Cr, a decline of 11% compared to the previous year.

The company has a workforce of approximately 365 employees as per the latest available data.

The company is associated with 1 brand - Akal Spring. As per MCA filings, the company has open charges of ₹21.87 Cr and satisfied charges of ₹16.24 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akalspring.com.

Company Details of Akal Spring Ltd
CIN U28991PB1974PLC003498
Registration Number 003498
Incorporation Date 28 September 1974
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    A – 8 Phase – V Focal Point Ludhiana, Punjab, Punjab, India – 141010
  • Industry
    Automotive, Auto Parts & Components
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Financials, compliance, directors, charges, ownership and filings for Akal Spring Ltd in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Akal Spring Ltd

Akal Spring Ltd has one previous CIN (Corporate Identification Number): L28991PB1974PLC003498. The current CIN is U28991PB1974PLC003498, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U28991PB1974PLC003498 Current
L28991PB1974PLC003498 Previous

Associated Brands with Akal Spring Ltd

Akal Spring Ltd operates one associated brand: Akal Spring. These brands represent Akal Spring Ltd's diversified market presence and brand portfolio.

Brand Description Website
Leaf springs are manufactured and supplied for commercial vehicles. akalspring.com

Competitors & Alternatives of Akal Spring Ltd

Brands and companies operating in the same space as Akal Spring Ltd include Jamna Auto Industries, Saf-holland, Gabriel India and 6 more.

Competitor Description Location Founded
Jamna Auto Industries Jamna Auto Industries Tapered leaf and parabolic springs are manufactured for automobiles. Delhi, India, India 1954
Saf-holland Saf-holland Chassis-related systems are manufactured and supplied to OEMs and aftermarket. Bessenbach, Germany, Germany 1881
Gabriel India Gabriel India Shock absorbers and dampers are manufactured for automotive applications. Pune, India, India 1961
Bibst (Shanghai) Automotive Electronics Bibst (Shanghai) Automotive Electronics Automotive smart braking, wire, and chassis domain controllers are manufactured. Fengtai, China, China 2021
Dunlop Systems Dunlop Systems OEM components and systems for automotive air suspension are developed. Coventry, United Kingdom, United Kingdom 2007
BWI Group BWI Group Major auto components are manufactured and supplied to OEMs. Dayton, United States, United States 2009
Omega Bright Steel Omega Bright Steel Steel bars and related components are designed and manufactured. Delhi, India, India 1971
Reyco Granning Reyco Granning Suspension parts are manufactured and supplied for aftermarket vehicles. Miller, United States, United States 1924
The Tinsley Bridge The Tinsley Bridge Suspension components are manufactured and supplied to OEMs worldwide. Sheffield, United Kingdom, United Kingdom 1986

Business Activity of Akal Spring Ltd

Akal Spring Ltd is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products Locked
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Board of Directors of Akal Spring Ltd

Akal Spring Ltd is currently managed by 6 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Bidya Charan Mishra Director 25 Dec 2023 2 Years 6 Months Current
Amrit Pal Riat Director 14 Nov 2013 12 Years 8 Months Current
Sandeep Riat Managing Director 27 Aug 2005 20 Years 10 Months Current
Jaspal Kaur Director 19 Apr 2004 22 Years 3 Months Current
Naveen Kumar Aggarwal Additional Director 12 Nov 2024 1 Years 8 Months Current
Sukhdev Singh Additional Director 12 Nov 2024 1 Years 8 Months Current

Financials of Akal Spring Ltd FY 2024 filings available

Akal Spring Ltd reported revenue of ₹113.93 Cr (down 11.00% YoY) for FY 2025.

Revenue · FY 2025
₹113.93 Cr ▼ 11.00%
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Ten-year financial statements for Akal Spring Ltd

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Charges & Borrowings of Akal Spring Ltd

Open charges
₹21.87 Cr
Satisfied charges
₹16.24 Cr
Breakdown by lending institutions
Indian Bank₹21.72 Cr
Anz Grindlays Plc₹0.06 Cr
Directoers of Industries; Punjab₹0.05 Cr
Directoe of Industries; Punjab₹0.05 Cr
Latest charge details
DateLenderAmountStatus
21 May 2025 Indian Bank ₹5.75 Lakh Open
31 Jan 2025 Indian Bank ₹6.7 Lakh Open
16 Nov 2022 Indian Bank ₹60 Lakh Open
05 Apr 2022 Indian Bank ₹13 Lakh Open
24 Jan 2022 Indian Bank ₹62.13 Lakh Open

Total charge records: 20 View all charges

Employees and EPFO Compliance at Akal Spring Ltd

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Employee and EPFO history for Akal Spring Ltd

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GST Compliance of Akal Spring Ltd

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GST registrations and filing compliance for Akal Spring Ltd

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Credit Ratings, Litigation & Regulatory Alerts for Akal Spring Ltd

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Credit ratings, litigation, and regulatory alerts for Akal Spring Ltd

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MSME Payment Delays by Akal Spring Ltd

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MSME payment history for Akal Spring Ltd

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Subsidiaries & Group Companies of Akal Spring Ltd

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Corporate group structure for Akal Spring Ltd

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MCA Filings & Documents of Akal Spring Ltd

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MCA filings and documents for Akal Spring Ltd

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Recent Activity on Akal Spring Ltd

Charges
21 May 2025
A charge with Indian Bank amounted to Rs. 0.06 Cr with Charge ID 101116707 was registered on 21 May 2025.
Charges
31 Jan 2025
A charge with Indian Bank amounted to Rs. 0.07 Cr with Charge ID 101057563 was registered on 31 Jan 2025.
Directors
12 Nov 2024
Naveen Kumar Aggarwal was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 1 year 8 months.
Directors
12 Nov 2024
Sukhdev Singh was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 1 year 8 months.
Activity
30 Sep 2024
Akal Spring Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Akal Spring Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

Frequently Asked Questions about Akal Spring Ltd

Akal Spring Ltd is an active public limited company in the automotive sector based in Punjab, Punjab, India. It was incorporated on 28 September 1974 (52+ years old) and is registered under CIN U28991PB1974PLC003498. The company has 365 employees.

Akal Spring Ltd reported revenue of ₹113.93 Cr for FY 2025 (down 11.00% YoY).

The current directors of Akal Spring Ltd are:

The primary industry of Akal Spring Ltd is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.

Akal Spring Ltd can be reached at the registered office: A – 8 Phase – V Focal Point Ludhiana, Punjab, Punjab, India – 141010, or through the website akalspring.com.

The authorised capital is ₹5 Cr, and the paid-up capital is ₹4.88 Cr.

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