Akar Hr Management Private Limited - Company Profile

It is a business outsourcing private limited company based in Surat, Gujarat, India, established in 2013.
2013 Surat, Gujarat, India Converted to LLP
Last Updated:
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About Akar Hr Management Private Limited

Akar Hr Management Private Limited, a converted to llp private limited company, was established on 17 December 2013 in Surat, Gujarat, India. Engaging in hr outsourcing & talent management within the financial and insurance service sector, it holds CIN: U74120GJ2013PTC077942. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.17 M.

Formerly known as Akar Human Resource Management Private Limited. It upholds a compliant status. Employing 2,203 professional, Its leadership includes Mumtaz Deven Desai (Director), Deven Jayavantlal Desai (Director). Past directors included Astha Deven Desai, Akruti Deven Desai. It holds no open charges and ₹4.65 Cr settled loans. Its latest AGM occurred on 11 September 2023, with the balance sheet filed on 31 March 2023. It is based at 308 Wood Sqaure, Nr. Tgb Restaurant, L.P. Savani Road, New Adajan, Surat, Gujarat, 395009.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74120GJ2013PTC077942

  • Registration Number

    077942

  • Incorporation Date

    17 December 2013

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.17 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.17 M
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.65 Cr
  • Revenue Growth **** 62.47%
  • Profit Growth **** 28.49%
  • Ebitda **** 64.88%
  • Net Worth -75.07%
  • Total Assets -56.06%
Company report

Akar Hr Management Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Akar Hr Management Private Limited?
Current Directors
Name Designation Appointment Date Status
Mumtaz Deven Desai Director 17 Dec 2013 Current
Deven Jayavantlal Desai Director 17 Dec 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Nov 2019 Past
Pramod Abcsdd Director 18 Nov 2019 Past

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Financial Performance of Akar Hr Management.

Akar Hr Management Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.47% increase. The company also saw a substantial improvement in profitability, with a 28.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 75.07%.

Akar Hr Management revenue growth over time
Akar Hr Management 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
********
 62.47%
*******
*******
*******
*******
Revenue from Operations
*******
 66.54%
*******
*******
*******
*******
Total Assets
*******
 -56.06%
*******
*******
*******
*******
Profit or Loss
*******
 28.49%
*******
*******
*******
*******
Net Worth
*******
 -75.07%
*******
*******
*******
*******
EBITDA
*******
 64.88%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akar Hr Management?

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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

₹0

Satisfied Charges

₹46,500,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 3.95 Cr
  • Others : 0.70 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2020 Hdfc Bank Limited ₹3.95 Cr Satisfied
13 Mar 2019 Others ₹3.00 M Satisfied
05 Oct 2016 Others ₹4.00 M Satisfied

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How Many Employees Work at Akar Hr Management?

Akar Hr Management has a workforce of 2203 employees as of Apr 07, 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

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Akar Hr Management
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 30 Sep 2020 via Charge ID 100382744 with Hdfc Bank Limited was fully satisfied on 11 Oct 2023. was documented.

  • Annual General Meeting

    The activity Akar Hr Management Private Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    Akar Hr Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 39.50 M registered on 30 Sep 2020 with Charge ID 100382744 was modified on 10 Sep 2021. was completed.

  • Charges

    The activity A charge registered on 13 Mar 2019 via Charge ID 100246069 with Others was fully satisfied on 14 Oct 2020. was completed.

  • Charges

    A charge registered on 05 Oct 2016 via Charge ID 100053815 with Others was fully satisfied on 14 Oct 2020. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Akar Hr Management Private Limited?

The CIN of Akar Hr Management Private Limited is U74120GJ2013PTC077942.

Where is Akar Hr Management Private Limited headquartered?

Akar Hr Management Private Limited is headquartered at 308 Wood Sqaure, Nr. Tgb Restaurant, L.P. Savani Road, New Adajan, Surat, Gujarat, 395009.

When was Akar Hr Management Private Limited incorporated?

Akar Hr Management Private Limited was incorporated on 17 December 2013.

Who are the current directors of Akar Hr Management Private Limited?

The current directors of Akar Hr Management Private Limited are

What is the primary industry of Akar Hr Management Private Limited?

The primary industry of Akar Hr Management Private Limited is Financial And Insurance Service.

Is Akar Hr Management Private Limited a listed company?

Akar Hr Management Private Limited is unlisted.

What is the capital structure of Akar Hr Management Private Limited?

The authorized capital of Akar Hr Management Private Limited is ₹1.00 M, and the paid-up capital is ₹0.17 M.

What is the compliance status of Akar Hr Management Private Limited?

The compliance status of Akar Hr Management Private Limited is Compliant.

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