MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0050093
Akshar Selection Private Limited
Akshar Selection Private Limited - fashion and textile in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.33 Cr
▲ 95% YoY
Net profit · FY 2025
₹1.95 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹24.62 Lakh
EBITDA margin 5.7%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹3.23 Cr
Satisfied ₹50 Lakh
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Akshar Selection Private Limited
Data last updated:
Akshar Selection Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 01 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46497GJ2012PTC070141. Its GSTIN is 24AAKCA5051E1Z1 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Pareshbhai Vinodbhai Ramoliya and Ushaben Pareshbhai Ramoliya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vs – 11 2nd Floor Old Bombay Market Adatia House Umarwada, Surat, Gujarat, India – 395010.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.33 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹1.95 Lakh (net margin 0.4%) and EBITDA of ₹24.62 Lakh (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹3.23 Cr and satisfied charges of ₹50 Lakh on record.
Akshar Selection Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0050093). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Akshar Selection Private Limited
CIN U46497GJ2012PTC070141
Registration Number 070141
Incorporation Date 01 May 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0050093
CIN History of Akshar Selection Private Limited
Akshar Selection has one previous CIN (Corporate Identification Number): U18109GJ2012PTC070141. The current CIN is U46497GJ2012PTC070141, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46497GJ2012PTC070141 | Current |
| U18109GJ2012PTC070141 | Previous |
Recognitions & Rankings of Akshar Selection
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressVs – 11 2nd Floor Old Bombay Market Adatia House Umarwada, Surat, Gujarat, India – 395010
- IndustryFashion and Textile, Fashion Retail
Comprehensive company report
Akshar Selection 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Akshar Selection Private Limited
The main business activity of Akshar Selection is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akshar Selection Private Limited FY 2024 filings available
Akshar Selection Private Limited reported revenue of ₹4.33 Cr (up 95% YoY) for FY 2025.
Revenue · FY 2025
₹4.33 Cr ▲ 95%
Net profit · FY 2025
₹1.95 Lakh margin 0.4%
EBITDA · FY 2025
₹24.62 Lakh margin 5.7%
Compounded Annual Growth Rate (CAGR) of Akshar Selection Private Limited
Revenue CAGR growth
1 year
▲ 95%
3 years · compounded
▼ 8%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 1%
5 years · compounded
▲ 1%
Revenue rose 95% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 9% 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 of Akshar Selection Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.95 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 of Akshar Selection Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akshar Selection are in the company report.
Premium access
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Akshar Selection Private Limited
Akshar Selection has 2 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 |
|---|---|---|---|---|
| Pareshbhai Vinodbhai Ramoliya | Director | 01 May 2012 | 14 Years 5 Months | Current |
| Ushaben Pareshbhai Ramoliya | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
Peer Comparison of Akshar Selection Private Limited
Akshar Selection Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chaudhary Colonisers Private Limited | ₹4.37 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Bijnor, Uttar Pradesh, India |
| Red Star Safety Private Limited | ₹4.36 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Kanpur, Uttar Pradesh, India |
| Bukkum Sports Private Limited | ₹4.35 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Ludhiana, Punjab, India |
| Hariom Dresses Private Limited | ₹4.34 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Delhi, India |
| Bothra Mega Bazaar Private Limited | ₹4.33 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Sundargarh, Odisha, India |
| Akshar Selection Private Limited this company | ₹4.33 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Surat, Gujarat, India |
| Tahiliani Design Private Limited | ₹4.32 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Gurgaon, Haryana, India |
| Aravli Synthetics Private Limited | ₹4.31 Cr (FY 2024) | •••• | •••• | -38.0% | •••• | New Delhi, Delhi, India |
| Tirumalai Constructions & Developers Private Limited | ₹4.31 Cr (FY 2024) | •••• | •••• | -67.0% | •••• | Howrah, West Bengal, India |
| Black Gold Leasing Private Limited | ₹4.3 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Navi Mumbai, Maharashtra, India |
| Kunwar Saab Fashion Private Limited | ₹4.3 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Akshar Selection by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Akshar Selection Private Limited
Open charges
₹3.23 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2023 | Others | ₹18.9 Lakh | Open |
| 27 Aug 2023 | Others | ₹24.5 Lakh | Open |
| 03 Jul 2020 | Tamilnad Mercantile Bank Limited | ₹1.55 Cr | Open |
| 26 Oct 2015 | Others | ₹1.25 Cr | Open |
| 27 Aug 2012 | Tamilnad Merchantile Bank Ltd | ₹50 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Akshar Selection Private Limited
Employment history and EPFO contributions of people linked to Akshar Selection.
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akshar Selection Private Limited
Akshar Selection Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Ushaben Pareshbhai Ramoliya ceased to be Additional Director on 30 Sep 2015.
AGM
Akshar Selection Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Akshar Selection Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 18.90 Lakh with Charge ID 100769191 was registered on 27 Aug 2023.
Charges
A charge with Others amounted to Rs. 24.50 Lakh with Charge ID 100769208 was registered on 27 Aug 2023.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 155.00 Lakh registered on 03 Jul 2020 with Charge ID 100355155 was modified on 27 Mar 2021.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 155.00 Lakh with Charge ID 100355155 was registered on 03 Jul 2020.
Charges
A charge with Others of Rs. 125.00 Lakh registered on 26 Oct 2015 with Charge ID 10603719 was modified on 29 Oct 2016.
Charges
A charge registered on 27 Aug 2012 via Charge ID 10373951 with Tamilnad Merchantile Bank Ltd was fully satisfied on 23 Nov 2015.
Charges
A charge with Others amounted to Rs. 125.00 Lakh with Charge ID 10603719 was registered on 26 Oct 2015.
Ceased
Ushaben Pareshbhai Ramoliya ceased to be Additional Director.
Ceased
Girishbhai Vitthalbhai Ghori ceased to be Director.
Appointed
Ushaben Pareshbhai Ramoliya was appointed as Director.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akshar Selection Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akshar Selection Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akshar Selection Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akshar Selection Private Limited
Akshar Selection has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCA5051E1Z1 | Gujarat | Active | 01 Jul 2017 |
| 19AAKCA5051E1ZS | West Bengal | Active | 01 Sep 2017 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akshar Selection Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akshar Selection Private Limited
Akshar Selection is an active private limited company based in Surat, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 01 May 2012 (14+ years old) and is registered under CIN U46497GJ2012PTC070141.
Akshar Selection reported revenue of ₹4.33 Cr for FY 2025 (up 95% YoY).
Akshar Selection has 2 current directors:
- Pareshbhai Vinodbhai Ramoliya - Director
- Ushaben Pareshbhai Ramoliya - Director
Akshar Selection reported a net profit of ₹1.95 Lakh (net margin 0.4%) and EBITDA of ₹24.62 Lakh (EBITDA margin 5.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akshar Selection is -8% over three years and -11% over five years. In the latest year (FY 2025) revenue rose 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akshar Selection is 24AAKCA5051E1Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAKCA5051E1ZS (West Bengal).
The CIN (Corporate Identification Number) of Akshar Selection is U46497GJ2012PTC070141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Selection was incorporated on 01 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akshar Selection by revenue are Chaudhary Colonisers Private Limited, Red Star Safety Private Limited, Bukkum Sports Private Limited, Hariom Dresses Private Limited, Bothra Mega Bazaar Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Ushaben Pareshbhai Ramoliya ceased to be Additional Director on 30 Sep 2015. Girishbhai Vitthalbhai Ghori ceased to be Director on 20 Jul 2015. Ushaben Pareshbhai Ramoliya was appointed as Director on 30 Mar 2015. Akshar Selection has 4 board changes on record in total.
Yes, Akshar Selection is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0050093).