
About Akar Minerals Private Limited
Data last updated:
Akar Minerals Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 05 April 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U13100MH2011PTC215716.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rajeev Kumar Agarwala and Niharika Gupta.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 304 Abhay Steel House Baroda Street Carnac Bunder, Mumbai, Maharashtra, India – 400009.
The last known website on record is rlsteels.com.
Company details
Contact details
Akar Minerals Private Limited's registered office is in Mumbai, Maharashtra. Its website is rlsteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address304 Abhay Steel House Baroda Street Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Akar Minerals Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Akar Minerals Private Limited
FY 2023 filings availableFinancial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Akar Minerals Private Limited, buy the company report.
Board of directors of Akar Minerals Private Limited
Akar Minerals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Kumar Agarwala Also directs: Bhagwati Devcon LLP, Akar Industries Private Limited | Director | 26 Aug 2012 | 14 Years 1 Months | As last reported |
| Niharika Gupta | Director | 19 Feb 2019 | 7 Years 8 Months | As last reported |
Auditor
Akar Minerals Private Limited is audited by A.K. BAGADIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. BAGADIA & CO. | FY 2023 | 100486W |
Shareholding
The shareholding of Akar Minerals Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akar Minerals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akar Minerals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akar Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Akar Minerals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akar Minerals Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Niharika Gupta ceased to be Additional Director on 28 Sep 2019.
Frequently asked questions
Akar Minerals has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Akar Minerals was a private limited company based in Mumbai, Maharashtra, India. The company worked in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 05 April 2011 and is registered under CIN U13100MH2011PTC215716. The company has been struck off by the Registrar of Companies and is no longer operational.
Akar Minerals had 2 directors:
- Rajeev Kumar Agarwala - Director
- Niharika Gupta - Director
The CIN (Corporate Identification Number) of Akar Minerals is U13100MH2011PTC215716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akar Minerals is at 304 Abhay Steel House Baroda Street Carnac Bunder, Mumbai, Maharashtra, India – 400009.
Akar Minerals was incorporated on 05 April 2011. It is registered with the Registrar of Companies, Mumbai.
Akar Minerals can be reached through the website rlsteels.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Akar Minerals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
Akar Minerals operated in the metals and minerals industry, in the mining and mineral extraction segment. It worked in this industry before it was struck off.
Niharika Gupta ceased to be Additional Director on 28 Sep 2019. Niharika Gupta was appointed as Director on 19 Feb 2019. Sanjay Kumar Mittal ceased to be Director on 19 Feb 2019. Akar Minerals has 6 board changes on record in total.