Akshara Aqua Private Limited
About Akshara Aqua Private Limited
Data last updated:
Akshara Aqua Private Limited was a private limited company based in Surat, Gujarat, 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 meat and fish processing and distribution segment of the food and beverages sector. It was incorporated on 17 March 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U05004GJ2010PTC059907.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.5 Lakh. It was led by directors Divyakumari Kirankumar Patel and Kirankumar Balubhai Patel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 44 Duttataraya Nagar Palanpur Gam Road Jakatnaka, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.52 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹3.7 Lakh (net margin 1.1%) and EBITDA of ₹14.92 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Akshara Aqua Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address44 Duttataraya Nagar Palanpur Gam Road Jakatnaka, Surat, Gujarat, India – 395009
- IndustryFood and Beverages, Meat & Fish Processing & Distribution
To see the full contact details of Akshara Aqua 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 Akshara Aqua is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Akshara Aqua Private Limited, buy the company report.
Financials of Akshara Aqua Private Limited
FY 2018 filings availableAkshara Aqua Private Limited reported revenue of ₹3.52 Cr (down 61% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 61% fall in the latest year. EBITDA fell 18% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.52 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹14.92 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.7 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.2% | |||
| Net Profit Margin | 1.1% | |||
| 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 Akshara Aqua Private Limited, buy the company report.
Board of directors of Akshara Aqua Private Limited
Akshara Aqua has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyakumari Kirankumar Patel | Director | 31 May 2013 | 13 Years 5 Months | As last reported |
| Kirankumar Balubhai Patel | Director | 17 Mar 2010 | 16 Years 7 Months | As last reported |
Auditor
Akshara Aqua Private Limited is audited by G R R & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R R & CO | FY 2018 | 121213W |
Shareholding
The shareholding of Akshara Aqua Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akshara Aqua Private Limited, buy the company report.
Legal cases
Akshara Aqua Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Akshara Aqua 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 Akshara Aqua Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Akshara Aqua Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akshara Aqua Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Nilesh Babubhai Patel ceased to be Additional Director on 04 Jan 2019.
Frequently asked questions
Akshara Aqua 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.
Akshara Aqua was a private limited company based in Surat, Gujarat, India. The company worked in meat and fish processing and distribution, within the food and beverages industry. It was incorporated on 17 March 2010 and is registered under CIN U05004GJ2010PTC059907. The company has been struck off by the Registrar of Companies and is no longer operational.
Akshara Aqua had 2 directors:
- Divyakumari Kirankumar Patel - Director
- Kirankumar Balubhai Patel - Director
The CIN (Corporate Identification Number) of Akshara Aqua is U05004GJ2010PTC059907. 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 Akshara Aqua is at 44 Duttataraya Nagar Palanpur Gam Road Jakatnaka, Surat, Gujarat, India – 395009.
Akshara Aqua was incorporated on 17 March 2010. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Akshara Aqua on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Akshara Aqua operated in the food and beverages industry, in the meat and fish processing and distribution segment. It worked in this industry before it was struck off.
Akshara Aqua has 1 court case on record: 1 filed against it.
Nilesh Babubhai Patel ceased to be Additional Director on 04 Jan 2019. Balvantkumar Kantibhai Patel ceased to be Additional Director on 28 May 2018. Nareshbhai Ishvarbhai Patel ceased to be Additional Director on 28 May 2018. Akshara Aqua has 8 board changes on record in total.
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