Akash Finance And Chit Fund Co Private Limited Company Logo

Akash Finance And Chit Fund Co Private Limited - Company Profile

It is a financial services private limited company based in Amritsar, Punjab, India, established in 1982.

1982 | Amritsar, Punjab, India | Active
Last Updated:

About Akash Finance And Chit Fund Co Private Limited

Akash Finance And Chit Fund Co Private Limited, a active private limited company, was established on 17 November 1982 in Amritsar, Punjab, India. Engaging in microfinance institutions within the financial and insurance service sector, it holds CIN: U65992PB1982PTC005173. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.75 M.

It upholds a compliant status. Its leadership includes Bhupinder Singh (Director), Parkash Kaur (Director), Kuldeep Singh (Director). Past directors included Gurbachan Singh, Kuldeep Singh, Surjit Singh. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Cheel Mandi Amritsar, Amritsar, Punjab.

Company Details

  • CIN/LLPIN

    U65992PB1982PTC005173

  • Registration Number

    005173

  • Incorporation Date

    17 November 1982

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.75 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.75 M
  • Company Age 43 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -38.11%
  • Profit Growth -153.17%
  • Ebitda -76.37%
  • Net Worth -6.54%
  • Total Assets -23.44%
Company report

Akash Finance And Chit Fund Co Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Akash Finance And Chit Fund Co 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 Finance And Chit Fund Co Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Bhupinder SinghDirector04 Dec 2000Current
Parkash KaurDirector02 Jan 1997Current
Kuldeep SinghDirector01 Jan 2024Current
Iqbal SinghDirector02 Jan 1997Current
Jaswinder SinghDirector01 Jan 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Aug 2007Past
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddManaging Director15 Oct 2015Past
Pramod AbcsddAdditional Director01 Aug 2012Past
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddDirector18 May 2014Past

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Financial Performance of Akash Finance And Chit Fund Co.

Akash Finance And Chit Fund Co Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 38.11% decrease. The company also saw a substantial fall in profitability, with a 153.17% decrease in profit. The company's net worth dipped by a decrease of 6.54%.

Akash Finance And Chit Fund Co revenue growth over time
Akash Finance And Chit Fund Co profit and loss trends over time
  • 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
-38.11%
Revenue from Operations
-50.65%
Total Assets
-23.44%
Profit or Loss
-153.17%
Net Worth
-6.54%
EBITDA
-76.37%

What is the Ownership and Shareholding Structure of Akash Finance And Chit Fund Co?

In 2021, Akash Finance And Chit Fund Co had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Akash Finance And Chit Fund Co?

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Employee growth trends for Akash Finance And Chit Fund Co Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akash Finance And Chit Fund Co, 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 Finance And Chit Fund Co's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

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Latest Updates, News, and FAQs on Akash Finance And Chit Fund Co

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Akash Finance And Chit Fund Co Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Akash Finance And Chit Fund Co Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

  • Director Appointment

    Progress on Kuldeep Singh was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 1 year 10 months . was documented.

  • Director Appointment

    Jaswinder Singh was appointed as a Director was appointed as a Director on 01 Jan 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Director Appointment

    Progress on Bhupinder Singh was appointed as a Director was appointed as a Director on 04 Dec 2000 & has been associated with this company since 24 years 11 months . was documented.

  • Director Appointment

    Parkash Kaur was appointed as a Director was appointed as a Director on 02 Jan 1997 & has been associated with this company since 28 years 10 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Akash Finance And Chit Fund Co Private Limited?

    The CIN of Akash Finance And Chit Fund Co Private Limited is U65992PB1982PTC005173.

  • Where is Akash Finance And Chit Fund Co Private Limited headquartered?

    Akash Finance And Chit Fund Co Private Limited is headquartered at Cheel Mandi Amritsar, Amritsar, Punjab.

  • When was Akash Finance And Chit Fund Co Private Limited incorporated?

    Akash Finance And Chit Fund Co Private Limited was incorporated on 17 November 1982.

  • Who are the current directors of Akash Finance And Chit Fund Co Private Limited?

    The current directors of Akash Finance And Chit Fund Co Private Limited are

  • What is the primary industry of Akash Finance And Chit Fund Co Private Limited?

    The primary industry of Akash Finance And Chit Fund Co Private Limited is Financial And Insurance Service.

  • Is Akash Finance And Chit Fund Co Private Limited a listed company?

    Akash Finance And Chit Fund Co Private Limited is unlisted.

  • What is the capital structure of Akash Finance And Chit Fund Co Private Limited?

    The authorized capital of Akash Finance And Chit Fund Co Private Limited is ₹2.00 M, and the paid-up capital is ₹1.75 M.

  • What is the compliance status of Akash Finance And Chit Fund Co Private Limited?

    The compliance status of Akash Finance And Chit Fund Co Private Limited is Compliant.

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