Akal Spring Ltd logo

Akal Spring Ltd

Manufacturer of automotive leaf springs for replacement market, with advanced production facilities.

1974 Ludhiana, Punjab (India) Active

About

Basic Data Updated:

1 day ago

Akal Spring Ltd, a renowned manufacturer in the automotive industry, is known for its high-quality leaf springs. These essential components are used in various vehicles, providing stability and support to the suspension system. The company's wide range of products includes auto parts, compression springs, and other automotive components, all designed to meet the specific needs of their customers. Located in the bustling city of Ludhiana, Punjab, Akal Spring Ltd operates a state-of-the-art manufacturing plant. This facility boasts an eight-station auto cambering machine, along with an assembly painting line and advanced equipment for taper rolling, eye rolling, hardening, and tempering. These cutting-edge technologies ensure that the company's products are of the highest quality, meeting ... Read More

Industry

Company Details

  • Location

    Ludhiana, Punjab, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU28991PB1974PLC003498
Company No.003498
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date28 Sep 1974
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chandigarh

Products or Services related to Akal Spring Ltd

M-24x2p Square (Forged) U Bolt

Bent Bolts

Boat trailer

Marine Equipments

PARABOLIC SPRING

Leaf Springs

TRAILER SPRING

Trailer Spare Parts

product
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Akal Spring Ltd offers a wide range of products and services, including: Alloy, Metal and High Strength Bolts, Bent Bolts, Marine Tools & Equipments, Marine Equipments, Suspension System & Components, Leaf Springs, Commercial Vehicle Spare Parts, Trailer Spare Parts, Door & Window, Hinges & Fittings, Door Hardware.

Financials of Akal Spring Ltd

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Akal Spring Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 64.99% increase. The company also saw a substantial improvement in profitability, with a 54.83% increase in profit. The company's net worth moved up by a moderate rise of 3.38%.

Enhance accessibility to Akal Spring's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

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People in Akal Spring Ltd

Executive Team (1)

  • sandeep_minnie_riat_738783.png
    Sandeep Riat In Managing Director

    Appointment Date: 27-Aug-2005

    Status: Current

Board Members(2)

Charges (Loans)

Open Charges Satisfied Charges

₹20.55 cr

₹15.71 cr

LenderAmountStatus

Indian Bank

Creation Date: 16 Nov 2022
₹6.00 MOpen

Indian Bank

Creation Date: 05 Apr 2022
₹1.30 MOpen

Indian Bank

Creation Date: 24 Jan 2022
₹6.21 MOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Rico Jinfei Wheels Limited

    Rico Jinfei Wheels Limited

    Active build-icon 16 years 9 months

    Sandeep Riat is a mutual person

  • Rico Fluidtronics Limited

    Rico Fluidtronics Limited

    Active build-icon 16 years 1 month

    Sandeep Riat is a mutual person

  • Amm And Amm Holdings Pvt Ltd

    Amm And Amm Holdings Pvt Ltd

    Active build-icon 38 years 10 months

    Sandeep Riat and Jaspal Kaur are mutual person

  • S.M.Investments Pvt Ltd

    S.M.Investments Pvt Ltd

    Active build-icon 38 years 10 months

    Sandeep Riat and Jaspal Kaur are mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Akal Spring Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Akal Spring Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023
  • Activity

    Charges

    A charge with Indian Bank amounted to Rs. 0.60 cr with Charge ID 100648898 was registered on 16 Nov 2022.

    16 Nov 2022
  • Activity

    Charges

    A charge with Indian Bank of Rs. 16.77 cr registered on 08 Mar 2018 with Charge ID 100166346 was modified on 03 Aug 2022.

    03 Aug 2022
  • Activity

    Charges

    A charge with Indian Bank amounted to Rs. 0.13 cr with Charge ID 100558430 was registered on 05 Apr 2022.

    05 Apr 2022

Frequently asked questions

What is the Incorporation or founding date of Akal Spring Ltd?

Akal Spring Ltd was incorporated 49 years 7 months ago on 28 Sep 1974 with Registrar of Companies Roc Chandigarh.

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