- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-06-0001069

Akasam Advanced Systems Private Limited
About Akasam Advanced Systems Private Limited
Data last updated:
Akasam Advanced Systems Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 11 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29306TG2017PTC158067. Its GSTIN is 37AAPCA7915G1ZC (Andhra Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Taranath Aluru and Chetan Sai Krishna Aluru.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No.6 – 2 – 967/G3 Flat No. G3 Kaarnik Towers Khairtabad, Hyderabad, Telangana, India – 500004.
As per the financials filed for FY 2023, the company reported a revenue of ₹58.44 Lakh. For the same year it recorded a net profit of ₹35.87 Lakh (net margin 61.4%) and EBITDA of ₹37.22 Lakh (EBITDA margin 63.7%).
Akasam Advanced Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0001069). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Akasam Advanced Systems has one previous CIN (Corporate Identification Number): U29306AP2017PTC106260. The current CIN is U29306TG2017PTC158067, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29306TG2017PTC158067 | Current |
| U29306AP2017PTC106260 | Previous |
Recognitions & Rankings of Akasam Advanced Systems
Contact details
Akasam Advanced Systems Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No.6 – 2 – 967/G3 Flat No. G3 Kaarnik Towers Khairtabad, Hyderabad, Telangana, India – 500004
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Akasam Advanced Systems 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
Business activity
The main business activity of Akasam Advanced Systems is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
Financials of Akasam Advanced Systems Private Limited
FY 2024 filings availableAkasam Advanced Systems Private Limited reported revenue of ₹58.44 Lakh for FY 2023.
Financial 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 | ₹58.44 Lakh | ||||
| Other Income | |||||
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| EBITDA | ₹37.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.7% | ||||
| Net Profit Margin | 61.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akasam Advanced Systems Private Limited, buy the company report.
Board of directors of Akasam Advanced Systems Private Limited
Akasam Advanced Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taranath Aluru Also directs: Lo Ultimo Infrastructures LLP, Relimech LLP, Relnika Motor Dynamics Private Limited and 2 more | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
| Chetan Sai Krishna Aluru Also directs: Gallessia Global Fashions Private Limited | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Akasam Advanced Systems Private Limited is audited by A B V K AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B V K AND ASSOCIATES | FY 2023 | 016392S |
Shareholding
The shareholding of Akasam Advanced Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akasam Advanced Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akasam Advanced Systems 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 Akasam Advanced Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akasam Advanced Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAPCA7915G1ZC | Andhra Pradesh | Active | 27 Dec 2017 |
To see the full GST registrations and return filing status of Akasam Advanced Systems Private Limited, buy the company report.
Recent activity
Akasam Advanced Systems Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Chetan Sai Krishna Aluru was appointed as Director on 11 Jul 2017.
Frequently asked questions
Akasam Advanced Systems is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 11 July 2017 (9+ years old) and is registered under CIN U29306TG2017PTC158067.
Akasam Advanced Systems has 2 current directors:
- Taranath Aluru - Director
- Chetan Sai Krishna Aluru - Director
The latest financial statements of Akasam Advanced Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Akasam Advanced Systems is 37AAPCA7915G1ZC, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Akasam Advanced Systems is U29306TG2017PTC158067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akasam Advanced Systems was incorporated on 11 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chetan Sai Krishna Aluru was appointed as Director on 11 Jul 2017. Taranath Aluru was appointed as Director on 11 Jul 2017.
Yes, Akasam Advanced Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0001069).
The registered office of Akasam Advanced Systems is at H.No.6 – 2 – 967G3 Flat No. G3 Kaarnik Towers Khairtabad, Hyderabad, Telangana, India – 500004.
Akasam Advanced Systems operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.