Akashganga Textiles Mills Ltd. - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1985.
1985 Mumbai, Maharashtra, India Active
Last Updated:
Access Report
About Akashganga Textiles Mills Ltd.

Akashganga Textiles Mills Ltd., a active public limited company, was established on 30 January 1985 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17110MH1985PLC035211. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.49 M.

It upholds a compliant status. Its leadership includes Priti Churiwala (Director), Shiv Kumar Churiwala (Director), Mukut Lal Churiwala (Director). It holds no open charges and ₹2.92 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at Abhinandan Market 215 / 217 Kalbadevi Road, Mumbai, Maharashtra, 400002.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17110MH1985PLC035211

  • Registration Number

    035211

  • Incorporation Date

    30 January 1985

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.49 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.49 M
  • Company Age 41 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.92 Cr
  • Revenue Growth **** 7.89%
  • Profit Growth **** 23.19%
  • Ebitda **** -10.23%
  • Net Worth 1.47%
  • Total Assets **** 2.77%
Company report

Akashganga Textiles Mills Ltd.

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akashganga Textiles Mills Ltd. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Akashganga Textiles Mills Ltd.?
Current Directors
Name Designation Appointment Date Status
Priti Churiwala Director 23 Aug 2004 Current
Shiv Kumar Churiwala Director 16 Jul 1990 Current
Mukut Lal Churiwala Director 03 Jan 1986 Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Akashganga Textiles Mills.

Akashganga Textiles Mills Ltd., for the financial year ended 2022, experienced modest growth in revenue, with a 7.89% increase. The company also saw a substantial improvement in profitability, with a 23.19% increase in profit. The company's net worth moved up by a moderate rise of 1.47%.

Akashganga Textiles Mills revenue growth over time
Akashganga Textiles Mills 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
********
 7.89%
*******
*******
*******
*******
Revenue from Operations
*******
 3.46%
*******
*******
*******
*******
Total Assets
*******
 2.77%
*******
*******
*******
*******
Profit or Loss
*******
 23.19%
*******
*******
*******
*******
Net Worth
*******
 1.47%
*******
*******
*******
*******
EBITDA
*******
 -10.23%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Akashganga Textiles Mills?

In 2020, Akashganga Textiles Mills had a promoter holding of 93.69% and a public holding of 6.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹29,200,000.00

Charges Breakdown by Lending Institutions
  • Syndicate Bank : 2.20 Cr
  • Bank Of India : 0.72 Cr
Latest Charge Details
Date Lender Amount Status
20 Dec 2007 Syndicate Bank ₹1.00 Cr Satisfied
09 Jul 2007 Syndicate Bank ₹1.20 Cr Satisfied
22 May 1997 Bank Of India ₹3.80 M Satisfied
05 May 1997 Bank Of India ₹0.80 M Satisfied
05 May 1997 Bank Of India ₹1.10 M Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Akashganga Textiles Mills?

Unlock and access historical data on people associated with Akashganga Textiles Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Akashganga Textiles Mills, 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 Akashganga Textiles Mills'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Akashganga Textiles Mills
Recent Activity within the Organization
  • Annual General Meeting

    Akashganga Textiles Mills Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Akashganga Textiles Mills Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was recorded as a recent event.

  • Charges

    The activity A charge registered on 20 Dec 2007 via Charge ID 10163975 with Syndicate Bank was fully satisfied on 01 Dec 2014. was completed.

  • Charges

    A charge registered on 09 Jul 2007 via Charge ID 10075494 with Syndicate Bank was fully satisfied on 17 Oct 2014. was recorded as a recent event.

  • Charges

    A charge with Syndicate Bank of Rs. 12.00 M registered on 09 Jul 2007 with Charge ID 10075494 was modified on 27 Aug 2013. was recorded as a recent event.

  • Charges

    The activity A charge with Syndicate Bank of Rs. 10.00 M registered on 20 Dec 2007 with Charge ID 10163975 was modified on 18 Sep 2010. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Akashganga Textiles Mills Ltd.?

The CIN of Akashganga Textiles Mills Ltd. is U17110MH1985PLC035211.

Where is Akashganga Textiles Mills Ltd. headquartered?

Akashganga Textiles Mills Ltd. is headquartered at Abhinandan Market 215 / 217 Kalbadevi Road, Mumbai, Maharashtra, 400002.

When was Akashganga Textiles Mills Ltd. incorporated?

Akashganga Textiles Mills Ltd. was incorporated on 30 January 1985.

Who are the current directors of Akashganga Textiles Mills Ltd.?

The current directors of Akashganga Textiles Mills Ltd. are

What is the primary industry of Akashganga Textiles Mills Ltd.?

The primary industry of Akashganga Textiles Mills Ltd. is Manufacturing.

Is Akashganga Textiles Mills Ltd. a listed company?

Akashganga Textiles Mills Ltd. is unlisted.

What is the capital structure of Akashganga Textiles Mills Ltd.?

The authorized capital of Akashganga Textiles Mills Ltd. is ₹2.50 M, and the paid-up capital is ₹2.49 M.

What is the compliance status of Akashganga Textiles Mills Ltd.?

The compliance status of Akashganga Textiles Mills Ltd. is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available