Akshar Innovation Private Limited
About Akshar Innovation Private Limited
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Akshar Innovation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It was incorporated on 19 April 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U46620MH2023PTC401155. Its GSTIN is 27AAYCA5513D1ZK (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Siddesh Sharad Kadam and Ruchira Sharad Kadam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.98 Lakh (net margin 0.7%) and EBITDA of ₹4.33 Lakh (EBITDA margin 1%).
As per MCA filings, the company has open charges of ₹40 Lakh on record.
Company details
Contact details
Akshar Innovation Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address403 Om Shivam Chs Ltd Bhd Dev Ashish Bldg, Bharucha Road Dahisar East, Mumbai, Maharashtra, India – 400068
- 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 Akshar Innovation is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Akshar Innovation Private Limited, buy the company report.
Financials of Akshar Innovation Private Limited
FY 2025 filings availableAkshar Innovation Private Limited reported revenue of ₹4.47 Cr (up 207% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 207% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| EBITDA | ₹4.33 Lakh | |
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| Net Profit (PAT) | ₹2.98 Lakh | |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1% | |
| Net Profit Margin | 0.7% | |
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To see the full financial statements and ratios of Akshar Innovation Private Limited, buy the company report.
Board of directors of Akshar Innovation Private Limited
Akshar Innovation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddesh Sharad Kadam Also directs: Kaya Buildcon LLP | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Ruchira Sharad Kadam | Director | 02 Jun 2025 | 1 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2025 | 101136473 | Indian Overseas Bank | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Akshar Innovation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshar Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshar Innovation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCA5513D1ZK | Maharashtra | Active | 31 May 2023 |
To see the full GST registrations and return filing status of Akshar Innovation Private Limited, buy the company report.
Recent activity
Akshar Innovation Private Limited has 4 board changes on record since 2023: 3 appointments and 1 cessation. The latest: Ruchira Sharad Kadam was appointed as Director on 02 Jun 2025.
Frequently asked questions
Akshar Innovation is an active private limited company based in Mumbai, Maharashtra, India. It was incorporated on 19 April 2023 (3+ years old) and is registered under CIN U46620MH2023PTC401155.
Akshar Innovation has 2 current directors:
- Siddesh Sharad Kadam - Director
- Ruchira Sharad Kadam - Director
The latest financial statements of Akshar Innovation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Akshar Innovation is 27AAYCA5513D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Akshar Innovation is U46620MH2023PTC401155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Innovation was incorporated on 19 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Ruchira Sharad Kadam was appointed as Director on 02 Jun 2025. Sharad Ragunath Kadam ceased to be Director on 02 Jun 2025. Sharad Ragunath Kadam was appointed as Director on 19 Apr 2023. Akshar Innovation has 4 board changes on record in total.
The registered office of Akshar Innovation is at 403 Om Shivam Chs Ltd Bhd Dev Ashish Bldg, Bharucha Road Dahisar East, Mumbai, Maharashtra, India – 400068.
Akshar Innovation has open charges of ₹40 Lakh and no satisfied charges on record as per latest MCA filings.
Akshar Innovation can be reached at its registered office: 403 Om Shivam Chs Ltd Bhd Dev Ashish Bldg, Bharucha Road Dahisar East, Mumbai, Maharashtra, India – 400068.