- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0075520

Akshay Innovations Private Limited
About Akshay Innovations Private Limited
Data last updated:
Akshay Innovations Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 16 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U28111MH1995PTC094517. Its GSTIN is 27AABCA3815D1Z6 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22 Lakh. It is led by directors Govind Harikisan Bajaj and Akshay Govind Bajaj.
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 Gs – 4 & 5 Silver Palace Opp Patwardhan Ground Dhantoli, Nagpur, Maharashtra, India – 440012.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.54 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹54,404 (net margin 0.8%) and EBITDA of ₹2.8 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
Akshay Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0075520). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Akshay Innovations
Contact details
Akshay Innovations Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGs – 4 & 5 Silver Palace Opp Patwardhan Ground Dhantoli, Nagpur, Maharashtra, India – 440012
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Akshay Innovations 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 Akshay Innovations is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Akshay Innovations Private Limited, buy the company report.
Financials of Akshay Innovations Private Limited
FY 2025 filings availableAkshay Innovations Private Limited reported revenue of ₹71.54 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 129% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.8 Lakh | ||||
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| Net Profit (PAT) | ₹54,404 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Akshay Innovations Private Limited, buy the company report.
Board of directors of Akshay Innovations Private Limited
Akshay Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Harikisan Bajaj | Director | 16 Nov 1995 | 30 Years 11 Months | Current |
| Akshay Govind Bajaj | Director | 30 Jun 2001 | 25 Years 3 Months | Current |
Auditor
Akshay Innovations Private Limited is audited by R S BHATTAD & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S BHATTAD & ASSOCIATES | FY 2018 | 135948W |
Shareholding
The shareholding of Akshay Innovations 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 Akshay Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshay Innovations 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 Akshay Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshay Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA3815D1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshay Innovations Private Limited, buy the company report.
Recent activity
Akshay Innovations Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Akshay Govind Bajaj was appointed as Director on 30 Jun 2001.
Frequently asked questions
Akshay Innovations is an active private limited company based in Nagpur, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 16 November 1995 (31+ years old) and is registered under CIN U28111MH1995PTC094517.
Akshay Innovations has 2 current directors:
- Govind Harikisan Bajaj - Director
- Akshay Govind Bajaj - Director
The latest financial statements of Akshay Innovations 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 2015 are in the company report.
The GSTIN of Akshay Innovations is 27AABCA3815D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Akshay Innovations is U28111MH1995PTC094517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshay Innovations was incorporated on 16 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Nagpur.
Akshay Govind Bajaj was appointed as Director on 30 Jun 2001. Govind Harikisan Bajaj was appointed as Director on 16 Nov 1995.
Yes, Akshay Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0075520).
The registered office of Akshay Innovations is at Gs – 4 & 5 Silver Palace Opp Patwardhan Ground Dhantoli, Nagpur, Maharashtra, India – 440012.
Akshay Innovations operates in the metals and minerals industry, in the construction materials retail and distribution segment.