Akar Limited - Company Profile

It is a packaging public limited company based in Mumbai, Maharashtra, India, established in 1987.
1987 Mumbai, Maharashtra, India Active
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About Akar Limited

Akar Limited, a active public limited company, was established on 14 January 1987 in Mumbai, Maharashtra, India. Engaging in industrial packaging solutions within the manufacturing sector, it holds CIN: U22219MH1987PLC042216. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.48 Cr.

Formerly known as Akar Print & Pack Private Limited. It upholds a compliant status. Employing 312 professional, Its leadership includes Ashokkumar Jain (Managing Director), Mahesh Jashvantrai Desai (Director), Sunil Gopal Shikarkhane (Director). Past directors included Ashokkumar Jain, Alok Tholiya, Harsh Dhirajlal Tolia. It holds ₹16.07 Cr open charges and ₹47.07 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 704, Shree Sai Corporate Park Laxmi Nagar, Off Link Road, Goregaon (W), Mumbai, Maharashtra, 400104.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U22219MH1987PLC042216

  • Registration Number

    042216

  • Incorporation Date

    14 January 1987

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.48 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.48 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.07 Cr
  • Satisfied Charges ₹ 47.07 Cr
  • Revenue Growth **** 45.63%
  • Profit Growth **** -181.59%
  • Ebitda **** 34.77%
  • Net Worth -0.45%
  • Total Assets **** 20.32%
Company report

Akar Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akar Limited — 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 Akar Limited?
Current Directors
Name Designation Appointment Date Status
Ashokkumar Jain Managing Director 14 Jan 1987 Current
Mahesh Jashvantrai Desai Director 31 Mar 2006 Current
Sunil Gopal Shikarkhane Director 03 Apr 1994 Current
Rahul Ashok Jain Whole-Time Director 01 Mar 2004 Current
Deepak Jayant Patil Director 23 Feb 2023 Current
Ruhan Ashok Hansuka Director 30 Sep 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 31 Mar 2020 Past
Pramod Abcsdd Director 14 Jan 2009 Past
Pramod Abcsdd Director 31 Dec 2008 Past
Pramod Abcsdd Whole-Time Director 01 Apr 2014 Past
Pramod Abcsdd Whole-Time Director 31 Dec 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Akar.

Akar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.63% increase. The company also saw a substantial fall in profitability, with a 181.59% decrease in profit. The company's net worth dipped by a decrease of 0.45%.

Akar revenue growth over time
Akar 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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 45.63%
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Revenue from Operations
*******
 45.34%
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Total Assets
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 20.32%
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*******
*******
Profit or Loss
*******
 -181.59%
*******
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*******
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Net Worth
*******
 -0.45%
*******
*******
*******
*******
EBITDA
*******
 34.77%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Akar?

In 2023, Akar had a promoter holding of 99.92% and a public holding of 0.08%. 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

₹160,692,003.00

Satisfied Charges

₹470,677,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 11.18 Cr
  • Others : 4.81 Cr
  • The Jain Sahakari Bank Ltd : 0.08 Cr
Latest Charge Details
Date Lender Amount Status
23 Oct 2025 Hdfc Bank Limited ₹1.65 M Open
24 Oct 2024 Hdfc Bank Limited ₹2.00 M Open
22 Oct 2024 Hdfc Bank Limited ₹1.80 M Open
28 Aug 2024 Others ₹7.29 M Open
15 Dec 2022 Others ₹6.82 M Open

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How Many Employees Work at Akar?

Akar has a workforce of 312 employees as of Apr 06, 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 Akar, 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 Akar'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 Akar
Recent Activity within the Organization
  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101172620 was registered on 23 Oct 2025. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101008479 was registered on 24 Oct 2024. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100992323 was registered on 22 Oct 2024. was documented.

  • Annual General Meeting

    Akar Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.73 Cr with Charge ID 100974168 was registered on 28 Aug 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Akar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

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Frequently Asked Questions
What is the CIN of Akar Limited?

The CIN of Akar Limited is U22219MH1987PLC042216.

Where is Akar Limited headquartered?

Akar Limited is headquartered at 704, Shree Sai Corporate Park Laxmi Nagar, Off Link Road, Goregaon (W), Mumbai, Maharashtra, 400104.

When was Akar Limited incorporated?

Akar Limited was incorporated on 14 January 1987.

Who are the current directors of Akar Limited?

The current directors of Akar Limited are

What is the primary industry of Akar Limited?

The primary industry of Akar Limited is Manufacturing.

Is Akar Limited a listed company?

Akar Limited is unlisted.

What is the capital structure of Akar Limited?

The authorized capital of Akar Limited is ₹4.00 Cr, and the paid-up capital is ₹3.48 Cr.

What is the compliance status of Akar Limited?

The compliance status of Akar Limited is Compliant.

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