Akruti Impex Private Limited
About Akruti Impex Private Limited
Data last updated:
Akruti Impex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the furniture segment of the wood and timber products sector. It was incorporated on 21 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ1995PTC024706. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sadhnaben Hiteshkumar Shah and Fagun Shah Hiteshbhai.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Raniwala Estate B/H Chepi Roghospital Behrampura Pirana Road, Ahmedabad, Gujarat, India – 380022.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.12 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -17.5%) and EBITDA of -₹1.07 Lakh (EBITDA margin -17.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akruti Impex Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressRaniwala Estate B/H Chepi Roghospital Behrampura Pirana Road, Ahmedabad, Gujarat, India – 380022
- IndustryWood, Furniture, Paper & Paper Products, Wood & Wood Products
- 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
Business activity
The main business activity of Akruti Impex is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Akruti Impex Private Limited, buy the company report.
Financials of Akruti Impex Private Limited
FY 2019 filings availableAkruti Impex Private Limited reported revenue of ₹6.12 Lakh (down 55% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 55% fall in the latest year. EBITDA rose 17% 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 |
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| EBITDA | -₹1.07 Lakh | ||||
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| Net Profit (PAT) | -₹1.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -17.5% | ||||
| Net Profit Margin | -17.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akruti Impex Private Limited, buy the company report.
Board of directors of Akruti Impex Private Limited
Akruti Impex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadhnaben Hiteshkumar Shah | Director | 04 Jul 2009 | 17 Years 4 Months | Current |
| Fagun Shah Hiteshbhai Also directs: Sanstar Limited | Director | 12 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Akruti Impex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SSDS Crafts Private Limited | ₹6.17 Lakh (FY 2023) | Sambhal, Uttar Pradesh, India | ||||
| Shree Karni Inder Sales Private Limited | ₹6.15 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| RSH Industries Private Limited | ₹6.15 Lakh (FY 2024) | -36.0% | Faizpur, Maharashtra, India | |||
| Hamsini Industries Private Limited | ₹6.14 Lakh (FY 2023) | 51.0% | Ramgarh, Jharkhand, India | |||
| Re-Spaceco Private Limited | ₹6.13 Lakh (FY 2025) | -60.0% | Gandhinagar, Gujarat, India | |||
| Akruti Impex Private Limitedthis company | ₹6.12 Lakh (FY 2019) | -₹1.07 Lakh | -17.5% | -55.0% | Ahmedabad, Gujarat, India | |
| Telic Manufactring and Services Private Limited | ₹6.11 Lakh (FY 2021) | 2094.0% | Arrah, Bihar, India | |||
| Apprala Ecom Technologies Private Limited | ₹6.02 Lakh (FY 2024) | 55.0% | Palakol, Andhra Pradesh, India | |||
| Ovium Modulars Private Limited | ₹6.02 Lakh (FY 2021) | 336.0% | Bangalore, Karnataka, India | |||
| Unicus Biomass Solution Private Limited | ₹6.02 Lakh (FY 2025) | -47.0% | Haryana, India | |||
| Gugan Paper Mills Private Limited | ₹6.01 Lakh (FY 2016) | -100.0% | Palani, Tamil Nadu, India |
To see the full peer comparison of Akruti Impex Private Limited, buy the company report.
Legal cases
Akruti Impex Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by N Desai Pepers Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
To see the full case history of Akruti Impex 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 Akruti Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akruti Impex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akruti Impex Private Limited, buy the company report.
Recent activity
Akruti Impex Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Fagun Shah Hiteshbhai ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Akruti Impex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in furniture, within the wood industry. It was incorporated on 21 February 1995 (31+ years old) and is registered under CIN U51100GJ1995PTC024706.
Akruti Impex has 2 current directors:
- Sadhnaben Hiteshkumar Shah - Director
- Fagun Shah Hiteshbhai - Director
The latest financial statements of Akruti Impex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
No. Akruti Impex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Akruti Impex is U51100GJ1995PTC024706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akruti Impex has 2 court cases on record: 2 filed against it.
Akruti Impex was incorporated on 21 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akruti Impex by revenue are SSDS Crafts Private Limited, Shree Karni Inder Sales Private Limited, RSH Industries Private Limited, Hamsini Industries Private Limited, Re-Spaceco Private Limited and 5 more, all in the same principal business activity (wood and wood products, furniture, paper and paper products).
Fagun Shah Hiteshbhai ceased to be Additional Director on 30 Sep 2013. Fagun Shah Hiteshbhai was appointed as Director on 12 Dec 2012. Hitesh Bipinchandra Shah ceased to be Director on 12 Dec 2012. Akruti Impex has 5 board changes on record in total.
The registered office of Akruti Impex is at Raniwala Estate BH Chepi Roghospital Behrampura Pirana Road, Ahmedabad, Gujarat, India – 380022.
Akruti Impex operates in the wood industry, in the furniture segment.
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