Akal Spring Ltd - Company Profile

It is a automotive public limited company based in Punjab, Punjab, India, established in 1974.
1974 Punjab, Punjab, India Active
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About Akal Spring Ltd

Akal Spring Ltd, a active public limited company, was established on 28 September 1974 in Punjab, Punjab, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U28991PB1974PLC003498. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.88 Cr.

Formerly known as Akal Spring Private Limited. It upholds a compliant status. Employing 365 professional, Its leadership includes Bidya Charan Mishra (Director), Amrit Pal Riat (Director), Sandeep Riat (Managing Director). Past directors included Bidya Charan Mishra, Sifti Riat, Harvinder Singh. It holds ₹21.87 Cr open charges and ₹16.24 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A-8, Phase-V, Focal Point Ludhiana, Punjab, Punjab, 141010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U28991PB1974PLC003498

  • Registration Number

    003498

  • Incorporation Date

    28 September 1974

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.88 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.88 Cr
  • Company Age 51 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.87 Cr
  • Satisfied Charges ₹ 16.24 Cr
  • Revenue Growth **** 28.50%
  • Profit Growth **** 13.41%
  • Ebitda **** -72.76%
  • Net Worth 3.47%
  • Total Assets **** 2.08%
Company report

Akal Spring Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akal Spring Ltd — 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 Spring Ltd?
Current Directors
Name Designation Appointment Date Status
Bidya Charan Mishra Director 25 Dec 2023 Current
Amrit Pal Riat Director 14 Nov 2013 Current
Sandeep Riat Managing Director 27 Aug 2005 Current
Jaspal Kaur Director 19 Apr 2004 Current
Naveen Kumar Aggarwal Additional Director 12 Nov 2024 Current
Sukhdev Singh Additional Director 12 Nov 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 26 Aug 2016 Past
Pramod Abcsdd Director 01 Jul 2010 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past
Pramod Abcsdd Director 11 Dec 2015 Past

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Financial Performance of Akal Spring.

Akal Spring Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 28.5% increase. The company also saw a substantial improvement in profitability, with a 13.41% increase in profit. The company's net worth moved up by a moderate rise of 3.47%.

Akal Spring revenue growth over time
Akal Spring profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 28.50%
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*******
*******
Revenue from Operations
*******
 28.91%
*******
*******
*******
*******
Total Assets
*******
 2.08%
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*******
*******
*******
Profit or Loss
*******
 13.41%
*******
*******
*******
*******
Net Worth
*******
 3.47%
*******
*******
*******
*******
EBITDA
*******
 -72.76%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akal Spring?

In 2023, Akal Spring had a promoter holding of 65.98% and a public holding of 34.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹218,709,808.00

Satisfied Charges

₹162,392,000.00

Charges 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
Date Lender Amount Status
21 May 2025 Indian Bank ₹0.58 M Open
31 Jan 2025 Indian Bank ₹0.67 M Open
16 Nov 2022 Indian Bank ₹6.00 M Open
05 Apr 2022 Indian Bank ₹1.30 M Open
24 Jan 2022 Indian Bank ₹6.21 M Open

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How Many Employees Work at Akal Spring?

Akal Spring has a workforce of 365 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akal Spring, 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 Spring'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.

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Latest Updates, News, and FAQs on Akal Spring
Recent Activity within the Organization
  • Charges

    Progress on A charge with Indian Bank amounted to Rs. 0.06 Cr with Charge ID 101116707 was registered on 21 May 2025. was documented.

  • Charges

    Progress on A charge with Indian Bank amounted to Rs. 0.07 Cr with Charge ID 101057563 was registered on 31 Jan 2025. was documented.

  • Director Appointment

    Naveen Kumar Aggarwal was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

  • Director Appointment

    Progress on Sukhdev Singh was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 1 year 3 months . was documented.

  • Annual General Meeting

    The activity Akal Spring Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Akal Spring Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Akal Spring Ltd?

The CIN of Akal Spring Ltd is U28991PB1974PLC003498.

Where is Akal Spring Ltd headquartered?

Akal Spring Ltd is headquartered at A-8, Phase-V, Focal Point Ludhiana, Punjab, Punjab, 141010.

When was Akal Spring Ltd incorporated?

Akal Spring Ltd was incorporated on 28 September 1974.

Who are the current directors of Akal Spring Ltd?

The current directors of Akal Spring Ltd are

What is the primary industry of Akal Spring Ltd?

The primary industry of Akal Spring Ltd is Manufacturing.

Is Akal Spring Ltd a listed company?

Akal Spring Ltd is unlisted.

What is the capital structure of Akal Spring Ltd?

The authorized capital of Akal Spring Ltd is ₹5.00 Cr, and the paid-up capital is ₹4.88 Cr.

What is the compliance status of Akal Spring Ltd?

The compliance status of Akal Spring Ltd is Compliant.

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