Akash Engineering Associates Private Limited
About Akash Engineering Associates Private Limited
Data last updated:
Akash Engineering Associates Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2006PTC058941. Its GSTIN is 33AAFCA6082Q1Z9 (Tamil Nadu). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Gatmal Ashokkumar (Managing Director) and Priyank Jain (Whole-Time Director).
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 No. 9/1 2nd Floor North Wall Road Kondithope, Chennai, Tamil Nadu, India – 600079.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.76 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹2.03 Cr (net margin 8.9%) and EBITDA of ₹3.28 Cr (EBITDA margin 14.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.04 Cr and satisfied charges of ₹3.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akash Engineering Associates Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 9/1 2nd Floor North Wall Road Kondithope, Chennai, Tamil Nadu, India – 600079
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Akash Engineering Associates 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 Akash Engineering Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Akash Engineering Associates Private Limited, buy the company report.
Financials of Akash Engineering Associates Private Limited
FY 2024 filings availableAkash Engineering Associates Private Limited reported revenue of ₹22.76 Cr (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 69% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 191% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.28 Cr | ||||
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| Net Profit (PAT) | ₹2.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Akash Engineering Associates Private Limited, buy the company report.
Board of directors of Akash Engineering Associates Private Limited
Akash Engineering Associates has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arushi Jain | Director | 23 Mar 2024 | 2 Years 7 Months | Current |
| Priyank Jain Also directs: PGHH Infrastructure Private Limited | Whole-Time Director | 27 Nov 2015 | 10 Years 11 Months | Current |
| Gatmal Ashokkumar | Managing Director | 21 Feb 2006 | 20 Years 8 Months | Current |
Peer comparison
Akash Engineering Associates Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Av Science and Technologies Private Limited | ₹22.8 Cr (FY 2025) | 42.0% | New Delhi, Delhi, India | |||
| Kota Metchem Private Limited | ₹22.78 Cr (FY 2024) | 28.0% | Kota, Rajasthan, India | |||
| Akash Engineering Associates Private Limitedthis company | ₹22.76 Cr (FY 2025) | ₹2.03 Cr | 8.9% | 69.0% | 63 | Chennai, Tamil Nadu, India |
| Sachdeva Lighting Private Limited | ₹22.71 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Blueflux Digital Private Limited | ₹22.63 Cr (FY 2025) | 236.0% | Patna, Bihar, India |
To see the full peer comparison of Akash Engineering Associates Private Limited, buy the company report.
Auditor
Akash Engineering Associates Private Limited is audited by S.C. BICHHAWAT & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.C. BICHHAWAT & CO | FY 2024 | 000483S |
Shareholding
The shareholding of Akash Engineering Associates Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akash Engineering Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2020 | 100373631 | Axis Bank Limited | ₹2.6 Cr | Open | |
| 13 Nov 2019 | 100302289 | Axis Bank Limited | ₹17.14 Lakh | Open | |
| 17 Jun 2016 | 100041807 | Axis Bank Limited | ₹5.27 Cr | Open | |
| 23 Mar 2007 | 10043066 | Uco Bank | ₹3.5 Cr | Satisfied |
To see the full charge records of Akash Engineering Associates Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Akash Engineering Associates 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
Akash Engineering Associates Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 501 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Schnell Energy Equipments Private Limited | |||
| an individual supplier | |||
| D. V. Poles Private Limited |
To see the full MSME payment records of Akash Engineering Associates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Akash Engineering Associates has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Akash Engineering Associates Private Limited has a workforce of 63 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Akash Engineering Associates has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA6082Q1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
| 23AAFCA6082Q1ZA | Madhya Pradesh | Active | 12 Mar 2023 |
| 09AAFCA6082Q1Z0 | Uttar Pradesh | Active | 15 Jul 2023 |
| 21AAFCA6082Q1ZE | Odisha | Active | 07 Jan 2024 |
To see the full GST registrations and return filing status of Akash Engineering Associates Private Limited, buy the company report.
Recent activity
Akash Engineering Associates Private Limited has 11 board changes on record since 2006: 3 appointments and 8 cessations. The latest: Arushi Jain was appointed as Director on 23 Mar 2024.
9 earlier events are in the company report.
Frequently asked questions
Akash Engineering Associates is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 February 2006 (20+ years old) and is registered under CIN U74999TN2006PTC058941.
Akash Engineering Associates has 3 current directors:
- Gatmal Ashokkumar - Managing Director
- Priyank Jain - Whole-Time Director
- Arushi Jain - Director
The latest financial statements of Akash Engineering Associates 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 2015 are in the company report.
The GSTIN of Akash Engineering Associates is 33AAFCA6082Q1Z9, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 23AAFCA6082Q1ZA (Madhya Pradesh), 09AAFCA6082Q1Z0 (Uttar Pradesh), 21AAFCA6082Q1ZE (Odisha).
The CIN (Corporate Identification Number) of Akash Engineering Associates is U74999TN2006PTC058941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akash Engineering Associates was incorporated on 21 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Akash Engineering Associates by revenue are Av Science and Technologies Private Limited, Kota Metchem Private Limited, Sachdeva Lighting Private Limited, Blueflux Digital Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Arushi Jain was appointed as Director on 23 Mar 2024. Gatmal Ashokkumar ceased to be Managing Director on 08 Dec 2019. Arushi Jain ceased to be Additional Director on 06 Apr 2019. Akash Engineering Associates has 11 board changes on record in total.
Akash Engineering Associates has 12 MSME Form 1 returns on record between 2019 and 2023, listing 501 overdue payments to 16 micro and small suppliers. The latest return was filed on 26 Aug 2023.
The registered office of Akash Engineering Associates is at No. 91 2nd Floor North Wall Road Kondithope, Chennai, Tamil Nadu, India – 600079.
Akash Engineering Associates operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Akash Engineering Associates has open charges of ₹8.04 Cr and satisfied charges of ₹3.5 Cr as per latest MCA filings.
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