MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-22-0002641
Akron Filaments Private Limited
Akron Filaments Private Limited - chemicals and materials in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹2.39 Cr
▲ 7% YoY
Net profit · FY 2020
₹1.74 Lakh
Net margin 0.7%
EBITDA · FY 2020
₹59.04 Lakh
EBITDA margin 24.7%
Authorised capital
₹4 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹4.48 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
5
As per MCA filings
About Akron Filaments Private Limited
Data last updated:
Akron Filaments Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 19 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2016PTC094135. Its GSTIN is 27AAOCA8882D1Z8 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Kushal Panchariya and Harihar Anand Pattnayak.
Its last annual general meeting (AGM) was held on 25 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 16 17 18 2nd Floor Jalaram Compound B/H Arihant Complex Udhana, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.39 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Lakh (net margin 0.7%) and EBITDA of ₹59.04 Lakh (EBITDA margin 24.7%).
As per MCA filings, the company has open charges of ₹4.48 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Akron Filaments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-22-0002641). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U17299GJ2016PTC094135
Registration Number 094135
Incorporation Date 19 October 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 November 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-22-0002641
Recognitions & Rankings of Akron Filaments
Contact details
Akron Filaments Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 17 18 2nd Floor Jalaram Compound B/H Arihant Complex Udhana, Surat, Gujarat, India – 394210
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Akron Filaments Private Limited, buy the company report.
Comprehensive company report
Akron Filaments Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Akron Filaments 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 Akron Filaments Private Limited, buy the company report.
Financials of Akron Filaments Private Limited
FY 2020 filings availableAkron Filaments Private Limited reported revenue of ₹2.39 Cr (up 7% YoY) for FY 2020.
Revenue · FY 2020
₹2.39 Cr ▲ 7%
Net profit · FY 2020
₹1.74 Lakh margin 0.7%
EBITDA · FY 2020
₹59.04 Lakh margin 24.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 151%
Revenue rose 7% in the latest year. EBITDA fell 10% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.39 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹59.04 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.74 Lakh | |||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 24.7% | |||
| Net Profit Margin | 0.7% | |||
| 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 Akron Filaments Private Limited, buy the company report.
Board of directors of Akron Filaments Private Limited
Akron Filaments has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Panchariya Also directs: KPX Creations Private Limited | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
| Harihar Anand Pattnayak | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Indresh Kumar Patel | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Shyamakant Digambar Patil | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Shantilal Panchariya | Director | 19 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Akron Filaments Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Chemical Retail and Distribution, Textile 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 |
|---|---|---|---|---|---|---|
| Nortons Exim Pvt Ltd | ₹2.4 Cr (FY 2025) | -78.0% | Mumbai, Maharashtra, India | |||
| Akron Filaments Private Limitedthis company | ₹2.39 Cr (FY 2020) | ₹1.74 Lakh | 0.7% | 7.0% | Surat, Gujarat, India | |
| Aryadev Enterprises Private Limited | ₹2.39 Cr (FY 2025) | -19.0% | Ludhiana, Punjab, India | |||
| Tathagat Needs Private Limited | ₹2.39 Cr (FY 2024) | -7.0% | Delhi, India | |||
| Siah Retail India Private Limited | ₹2.39 Cr (FY 2025) | 18.0% | Andaman, Andaman and Nicobar Islands, India |
To see the full peer comparison of Akron Filaments Private Limited, buy the company report.
Auditor
Akron Filaments Private Limited is audited by KUNAL GAJJAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUNAL GAJJAR & CO | FY 2020 | 122256W |
Shareholding
The shareholding of Akron Filaments Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akron Filaments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2017 | 100137109 | Others | ₹1.68 Cr | Open | |
| 28 Sep 2017 | 100137108 | City Union Bank Limited | ₹2.8 Cr | Open |
To see the full charge records of Akron Filaments Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Akron Filaments Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by City Union Bank Ltd | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Akron Filaments 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 Akron Filaments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akron Filaments has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCA8882D1Z8 | Maharashtra | Active | 28 Jun 2017 |
To see the full GST registrations and return filing status of Akron Filaments Private Limited, buy the company report.
Recent activity
Akron Filaments Private Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Saroj Panchariya ceased to be Director on 06 Jun 2020.
Charges
A charge with City Union Bank Limited of Rs. 279.50 Lakh registered on 28 Sep 2017 with Charge ID 100137108 was modified on 27 Jan 2022.
AGM
Akron Filaments Private Limited last Annual general meeting of members was held on 25 Nov 2020 as per latest MCA records.
Ceased
Saroj Panchariya ceased to be Director.
Ceased
Shruti Panchariya ceased to be Director.
Filing
Akron Filaments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 168.00 Lakh registered on 29 Sep 2017 with Charge ID 100137109 was modified on 19 Dec 2018.
Appointed
Harihar Anand Pattnayak was appointed as Director.
Appointed
Indresh Kumar Patel was appointed as Director.
Appointed
Shyamakant Digambar Patil was appointed as Director.
Charges
A charge with Others amounted to Rs. 168.00 Lakh with Charge ID 100137109 was registered on 29 Sep 2017.
Charges
A charge with City Union Bank Limited amounted to Rs. 279.50 Lakh with Charge ID 100137108 was registered on 28 Sep 2017.
Appointed
Kushal Panchariya was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Akron Filaments is an active private limited company based in Surat, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 19 October 2016 (10+ years old) and is registered under CIN U17299GJ2016PTC094135.
Akron Filaments has 5 current directors:
- Kushal Panchariya - Director
- Harihar Anand Pattnayak - Director
- Indresh Kumar Patel - Director
- Shyamakant Digambar Patil - Director
- Shantilal Panchariya - Director
The latest financial statements of Akron Filaments on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 25 November 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Akron Filaments is 27AAOCA8882D1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Akron Filaments is U17299GJ2016PTC094135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akron Filaments has 2 court cases on record: 2 filed against it. 1 is pending.
Akron Filaments was incorporated on 19 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akron Filaments by revenue are Nortons Exim Pvt Ltd, Aryadev Enterprises Private Limited, Tathagat Needs Private Limited, Siah Retail India Private Limited, all in the Consumer Products industry (Chemical Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Saroj Panchariya ceased to be Director on 06 Jun 2020. Shruti Panchariya ceased to be Director on 26 May 2020. Harihar Anand Pattnayak was appointed as Director on 28 Nov 2018. Akron Filaments has 7 board changes on record in total.
Yes, Akron Filaments is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-22-0002641).
The registered office of Akron Filaments is at 16 17 18 2nd Floor Jalaram Compound BH Arihant Complex Udhana, Surat, Gujarat, India – 394210.
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