About Akshar Welness Private Limited
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Akshar Welness Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wellness and healthcare centers segment of the travel and hospitality sector. It was incorporated on 23 November 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U85190TN2012PTC088628. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Kiranmai Pericherla and Indumati Uddaraju.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No.67 R.V.Nagar 4th Street Kodungaiyur, Chennai, Tamil Nadu, India – 600118.
As per the financials filed for FY 2016, the company reported a revenue of ₹42.21 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹6.97 Lakh (net margin -16.5%) and EBITDA of -₹60,739 (EBITDA margin -1.4%).
As per MCA filings, the company had satisfied charges of ₹35 Lakh on record.
The last known website on record is aksharwellness.com.
Company details
Contact details
Akshar Welness Private Limited's registered office is in Chennai, Tamil Nadu. Its website is aksharwellness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.67 R.V.Nagar 4th Street Kodungaiyur, Chennai, Tamil Nadu, India – 600118
- IndustryTravel and Hospitality, Wellness & Healthcare Centers
To see the full contact details of Akshar Welness Private Limited, buy the company report.
- 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 Welness is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Akshar Welness Private Limited, buy the company report.
Financials of Akshar Welness Private Limited
FY 2016 filings availableAkshar Welness Private Limited reported revenue of ₹42.21 Lakh (down 14% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. EBITDA fell 107% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹42.21 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹60,739 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6.97 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.4% | |
| Net Profit Margin | -16.5% | |
| 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 Akshar Welness Private Limited, buy the company report.
Board of directors of Akshar Welness Private Limited
Akshar Welness 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 |
|---|---|---|---|---|
| Kiranmai Pericherla | Director | 05 Mar 2016 | 10 Years 7 Months | As last reported |
| Indumati Uddaraju | Director | 23 Nov 2012 | 13 Years 11 Months | As last reported |
Auditor
Akshar Welness Private Limited is audited by JUKANTI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JUKANTI & ASSOCIATES | FY 2016 | 001405S |
Shareholding
The shareholding of Akshar Welness Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Akshar Welness Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2013 | 10495194 | The Karur Vysya Bank Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Akshar Welness Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Akshar Welness 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 Welness Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshar Welness has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akshar Welness Private Limited, buy the company report.
Recent activity
Akshar Welness Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Kiranmai Pericherla was appointed as Director on 05 Mar 2016.
Frequently asked questions
Akshar Welness has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Akshar Welness was a private limited company based in Chennai, Tamil Nadu, India. The company worked in wellness and healthcare centers, within the travel and hospitality industry. It was incorporated on 23 November 2012 and is registered under CIN U85190TN2012PTC088628. The company has been struck off by the Registrar of Companies and is no longer operational.
Akshar Welness had 2 directors:
- Kiranmai Pericherla - Director
- Indumati Uddaraju - Director
The CIN (Corporate Identification Number) of Akshar Welness is U85190TN2012PTC088628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akshar Welness is at No.67 R.V.Nagar 4th Street Kodungaiyur, Chennai, Tamil Nadu, India – 600118.
Akshar Welness was incorporated on 23 November 2012. It is registered with the Registrar of Companies, Chennai.
Akshar Welness can be reached through the website aksharwellness.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Akshar Welness on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Akshar Welness has 2 GST registrations on record and all of them are cancelled or inactive.
Akshar Welness operated in the travel and hospitality industry, in the wellness and healthcare centers segment. It worked in this industry before it was struck off.