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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
Last Updated:

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

  • 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 Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.88 Cr
  • Company Age 51 Year, 2 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

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

NameDesignationAppointment DateStatus
Bidya Charan MishraDirector25 Dec 2023Current
Amrit Pal RiatDirector14 Nov 2013Current
Sandeep RiatManaging Director27 Aug 2005Current
Jaspal KaurDirector19 Apr 2004Current
Naveen Kumar AggarwalAdditional Director12 Nov 2024Current
Sukhdev SinghAdditional Director12 Nov 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddDirector26 Aug 2016Past
Pramod AbcsddDirector01 Jul 2010Past
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector11 Dec 2015Past

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

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 Indicator graph

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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

DateLenderAmountStatus
21 May 2025Indian Bank₹0.58 MOpen
31 Jan 2025Indian Bank₹0.67 MOpen
16 Nov 2022Indian Bank₹6.00 MOpen
05 Apr 2022Indian Bank₹1.30 MOpen
24 Jan 2022Indian Bank₹6.21 MOpen

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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 growth trends for Akal Spring Ltd

Deals i

Graph showing company valuation over time

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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 Spring

Recent Activity within the Organization

  • Charges

    A charge with Indian Bank amounted to Rs. 0.06 Cr with Charge ID 101116707 was registered on 21 May 2025. was recorded as a recent event.

  • Charges

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

  • Director Appointment

    The activity 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 1 month . was completed.

  • 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 1 month . was documented.

  • Annual General Meeting

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

  • 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.

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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