Akash Engineering Associates Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Chennai, Tamil Nadu, India, established in 2006.
2006 Chennai, Tamil Nadu, India Active
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About Akash Engineering Associates Private Limited

Akash Engineering Associates Private Limited, a active private limited company, was established on 21 February 2006 in Chennai, Tamil Nadu, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U74999TN2006PTC058941. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.40 M.

It upholds a compliant status. Employing 63 professional, Its leadership includes Arushi Jain (Director), Priyank Jain (Whole-Time Director), Gatmal Ashokkumar (Managing Director). Past directors included Yogesh Uttamchand Hiran, Mangalchand Uttamchand, Rameshkumar. It holds ₹8.04 Cr open charges and ₹3.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 9/1, 2Nd Floor, North Wall Road Kondithope, Chennai, Tamil Nadu, 600079.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U74999TN2006PTC058941

  • Registration Number

    058941

  • Incorporation Date

    21 February 2006

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.40 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.04 Cr
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth **** 165.97%
  • Profit Growth **** 111.50%
  • Ebitda **** 153.95%
  • Net Worth 1.86%
  • Total Assets **** 7.65%
Company report

Akash Engineering Associates Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akash Engineering Associates Private 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 Akash Engineering Associates Private Limited?
Current Directors
Name Designation Appointment Date Status
Arushi Jain Director 23 Mar 2024 Current
Priyank Jain Whole-Time Director 27 Nov 2015 Current
Gatmal Ashokkumar Managing Director 21 Feb 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2017 Past
Pramod Abcsdd Director 31 Mar 2017 Past
Pramod Abcsdd Director 07 Nov 2011 Past
Pramod Abcsdd Director 31 Mar 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 06 Apr 2019 Past

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Financial Performance of Akash Engineering Associates.

Akash Engineering Associates Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 165.97% increase. The company also saw a substantial improvement in profitability, with a 111.5% increase in profit. The company's net worth moved up by a moderate rise of 1.86%.

Akash Engineering Associates revenue growth over time
Akash Engineering Associates 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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 165.97%
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*******
*******
Revenue from Operations
*******
 155.71%
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*******
*******
Total Assets
*******
 7.65%
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*******
*******
*******
Profit or Loss
*******
 111.50%
*******
*******
*******
*******
Net Worth
*******
 1.86%
*******
*******
*******
*******
EBITDA
*******
 153.95%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Akash Engineering Associates?

Unlock access to Akash Engineering Associates's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹80,433,770.00

Satisfied Charges

₹35,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 8.04 Cr
Latest Charge Details
Date Lender Amount Status
14 Sep 2020 Axis Bank Limited ₹2.60 Cr Open
13 Nov 2019 Axis Bank Limited ₹1.71 M Open
17 Jun 2016 Axis Bank Limited ₹5.27 Cr Open
23 Mar 2007 Uco Bank ₹3.50 Cr Satisfied

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How Many Employees Work at Akash Engineering Associates?

Akash Engineering Associates has a workforce of 63 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 Akash Engineering Associates, 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 Akash Engineering Associates'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 Akash Engineering Associates
Recent Activity within the Organization
  • Annual General Meeting

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

  • Balance Sheet

    Akash Engineering Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    Progress on Arushi Jain was appointed as a Director was appointed as a Director on 23 Mar 2024 & has been associated with this company since 1 year 10 months . was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 26.00 M with Charge ID 100373631 was registered on 14 Sep 2020. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 52.72 M registered on 17 Jun 2016 with Charge ID 100041807 was modified on 07 Jul 2020. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.71 M with Charge ID 100302289 was registered on 13 Nov 2019. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Akash Engineering Associates Private Limited?

The CIN of Akash Engineering Associates Private Limited is U74999TN2006PTC058941.

Where is Akash Engineering Associates Private Limited headquartered?

Akash Engineering Associates Private Limited is headquartered at No. 9/1, 2Nd Floor, North Wall Road Kondithope, Chennai, Tamil Nadu, 600079.

When was Akash Engineering Associates Private Limited incorporated?

Akash Engineering Associates Private Limited was incorporated on 21 February 2006.

Who are the current directors of Akash Engineering Associates Private Limited?

The current directors of Akash Engineering Associates Private Limited are

What is the primary industry of Akash Engineering Associates Private Limited?

The primary industry of Akash Engineering Associates Private Limited is Trade.

Is Akash Engineering Associates Private Limited a listed company?

Akash Engineering Associates Private Limited is unlisted.

What is the capital structure of Akash Engineering Associates Private Limited?

The authorized capital of Akash Engineering Associates Private Limited is ₹2.50 M, and the paid-up capital is ₹2.40 M.

What is the compliance status of Akash Engineering Associates Private Limited?

The compliance status of Akash Engineering Associates Private Limited is Compliant.

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