Akash Organics Private Limited
About Akash Organics Private Limited
Data last updated:
Akash Organics Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 04 November 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1993PTC074898.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.7 Cr. It was led by directors including Advait Suresh Chaturvedi and Ambuj Suresh Chaturvedi.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹12,500, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹500 (net margin -4%) and EBITDA of -₹500 (EBITDA margin -4%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Contact details
Akash Organics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShubham Centre – 1 3rd Floor 491 Cardinal Gracias Road Andheri (Eas, T), Mumbai, Maharashtra, India – 400099
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Akash Organics 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 Akash Organics Private Limited
FY 2019 filings availableAkash Organics Private Limited reported revenue of ₹12,500 (up 81% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 77% over three years, including 81% growth in the latest year. EBITDA fell 100% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12,500 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹500 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹500 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4% | ||||
| Net Profit Margin | -4% | ||||
| 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 Akash Organics Private Limited, buy the company report.
Board of directors of Akash Organics Private Limited
Akash Organics has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Advait Suresh Chaturvedi Also directs: SVC Industries Limited, Nandvan Mega Food Park Private Limited, Akhill Marketing Pvt Ltd and 1 more | Director | 01 Sep 2012 | 14 Years 2 Months | As last reported |
| Ambuj Suresh Chaturvedi Also directs: SVC Industries Limited, Nandvan Mega Food Park Private Limited, Akhill Marketing Pvt Ltd and 1 more | Director | 01 Sep 2012 | 14 Years 2 Months | As last reported |
| Purushottam Maheshwari | Director | 18 Dec 2006 | 19 Years 10 Months | As last reported |
Peer comparison
Akash Organics Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Organic Chemicals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Visnagara Chemicals Private Limited | ₹16,890 (FY 2019) | -100.0% | Meghnagar, Madhya Pradesh, India | |||
| Japna Chemicals Private Limited | ₹15,001 (FY 2024) | 5.0% | Delhi, India | |||
| Aithanoli Cibus Products Private Limited | ₹15,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| Shanvisri Development Private Limited | ₹13,729 (FY 2025) | -99.0% | Patna, Bihar, India | |||
| Tungabhadra Ethanol Private Limited | ₹13,023 (FY 2025) | Bangalore, Karnataka, India | ||||
| Akash Organics Private Limitedthis company | ₹12,500 (FY 2019) | -₹500 | -4% | 81.0% | Mumbai, Maharashtra, India | |
| Kaziranga Bio-Fuels Private Limited | ₹11,201 (FY 2023) | Guwahati, Assam, India | ||||
| Karnataka Organic Chemicals Private Limited | ₹9,421 (FY 2024) | 17.0% | Mumbai, Maharashtra, India | |||
| Hrudai Bio-Tech Private Limited | ₹6,216 (FY 2025) | -43.0% | Bhimavaram, Andhra Pradesh, India | |||
| Western Organic Chemical Industries Private Limited | ₹5,900 (FY 2024) | Mumbai, Maharashtra, India | ||||
| Agson Flavours Private Limited | ₹5,400 (FY 2019) | -11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Akash Organics Private Limited, buy the company report.
Auditor
Akash Organics Private Limited is audited by C C SHETH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C C SHETH & ASSOCIATES | FY 2018 | 130568W |
Shareholding
The shareholding of Akash Organics Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akash Organics Private Limited, buy the company report.
Legal cases
Akash Organics Private Limited has 4 court cases on record: 2 filed by Akash Organics, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -8 Mumbai | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax-8 Mumbai | Disposed |
To see the full case history of Akash Organics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akash Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Akash Organics has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Akash Organics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akash Organics Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Advait Suresh Chaturvedi ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
Akash Organics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Akash Organics was a private limited company based in Mumbai, Maharashtra, India. The company worked in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 04 November 1993 and is registered under CIN U24110MH1993PTC074898. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Akash Organics was incorporated on 04 November 1993. It is registered with the Registrar of Companies, Mumbai.
Akash Organics had 3 directors:
- Advait Suresh Chaturvedi - Director
- Ambuj Suresh Chaturvedi - Director
- Purushottam Maheshwari - Director
The CIN (Corporate Identification Number) of Akash Organics is U24110MH1993PTC074898. 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 Akash Organics is at Shubham Centre – 1 3rd Floor 491 Cardinal Gracias Road Andheri Eas, T, Mumbai, Maharashtra, India – 400099.
The latest financial statements of Akash Organics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Akash Organics operated in the chemicals and materials industry, in the organic chemicals and compounds segment.
The peers of Akash Organics by revenue are Visnagara Chemicals Private Limited, Japna Chemicals Private Limited, Aithanoli Cibus Products Private Limited, Shanvisri Development Private Limited, Tungabhadra Ethanol Private Limited and 5 more, all in the Chemicals industry (Organic Chemicals).
Akash Organics has 4 court cases on record: 2 filed by the company and 2 filed against it.
Advait Suresh Chaturvedi ceased to be Additional Director on 29 Sep 2012. Ambuj Suresh Chaturvedi ceased to be Additional Director on 29 Sep 2012. Advait Suresh Chaturvedi was appointed as Director on 01 Sep 2012. Akash Organics has 7 board changes on record in total.
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