Akshay Motors Private Limited
About Akshay Motors Private Limited
Data last updated:
Akshay Motors Private Limited was a private limited company based in Secunderabad, Telangana, 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 24 March 2011.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U50200TG2011PTC073489. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nagavenkata Ravindra Babu Marisetti and Anitha Marisetty.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 1 – 8 – 449/2/1 Patigadda Main Road Begumpet, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2017, the company reported a revenue of ₹20,000, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹12,000 (net margin 60%) and EBITDA of ₹20,000 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years.
Company details
CIN history
Akshay Motors has one previous CIN (Corporate Identification Number): U50200AP2011PTC073489. The current CIN is U50200TG2011PTC073489, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50200TG2011PTC073489 | Current |
| U50200AP2011PTC073489 | Previous |
Contact details
Akshay Motors Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – 8 – 449/2/1 Patigadda Main Road Begumpet, Secunderabad, Telangana, India – 500003
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Akshay Motors 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 Motors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Akshay Motors Private Limited, buy the company report.
Financials of Akshay Motors Private Limited
FY 2017 filings availableAkshay Motors Private Limited reported revenue of ₹20,000 (up 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 87%. EBITDA rose 67% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹20,000 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹20,000 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12,000 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 100% | ||
| Net Profit Margin | 60% | ||
| 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 Akshay Motors Private Limited, buy the company report.
Board of directors of Akshay Motors Private Limited
Akshay Motors has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagavenkata Ravindra Babu Marisetti Also directs: Armor Auto India Ap Private Limited | Director | 24 Mar 2011 | 15 Years 7 Months | As last reported |
| Anitha Marisetty | Director | 24 Mar 2011 | 15 Years 7 Months | As last reported |
Peer comparison
Akshay Motors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prigag Online Private Limited | ₹20,001 (FY 2023) | Hooghly, West Bengal, India | ||||
| Salaragrand Private Limited | ₹20,000 (FY 2022) | Godavari, Andhra Pradesh, India | ||||
| Akshay Motors Private Limitedthis company | ₹20,000 (FY 2017) | ₹12,000 | 60% | 11.0% | Secunderabad, Telangana, India | |
| Dharti Oil Services Private Limited | ₹20,000 (FY 2023) | New Delhi, Delhi, India | ||||
| Bagri Construction Private Limited | ₹20,000 (FY 2023) | New Delhi, Delhi, India | ||||
| Relipower Technology Private Limited | ₹20,000 (FY 2025) | -4.0% | Gurugram, Haryana, India | |||
| Richifield Vinimay Private Limited | ₹20,000 (FY 2016) | 11.0% | Kolkata, West Bengal, India | |||
| Kisna Traders Private Limited | ₹20,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Logitek Projects Solutions Private Limited | ₹20,000 (FY 2019) | -93.0% | Ludhiana, Punjab, India | |||
| Athrav Agri Exim Private Limited | ₹20,000 (FY 2018) | Bangalore, Karnataka, India | ||||
| World Vision Bada Bazarr Private Limited | ₹20,000 (FY 2021) | Gondia, Maharashtra, India |
To see the full peer comparison of Akshay Motors Private Limited, buy the company report.
Auditor
Akshay Motors Private Limited is audited by Kannegolla Krishna Rao& co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kannegolla Krishna Rao& co | FY 2017 | 001727S |
Shareholding
The shareholding of Akshay Motors Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akshay Motors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshay Motors 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 Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshay Motors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akshay Motors Private Limited, buy the company report.
Recent activity
Akshay Motors Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Anitha Marisetty was appointed as Director on 24 Mar 2011.
Frequently asked questions
Akshay Motors 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.
Akshay Motors was a private limited company based in Secunderabad, Telangana, India. The company worked in wholesale, within the trading industry. It was incorporated on 24 March 2011 and is registered under CIN U50200TG2011PTC073489. The company has been struck off by the Registrar of Companies and is no longer operational.
Akshay Motors had 2 directors:
- Nagavenkata Ravindra Babu Marisetti - Director
- Anitha Marisetty - Director
The CIN (Corporate Identification Number) of Akshay Motors is U50200TG2011PTC073489. 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 Akshay Motors is at 1 – 8 – 44921 Patigadda Main Road Begumpet, Secunderabad, Telangana, India – 500003.
Akshay Motors was incorporated on 24 March 2011. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Akshay Motors on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Akshay Motors has 1 GST registration on record and it is cancelled or inactive.
Akshay Motors operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Akshay Motors by revenue are Prigag Online Private Limited, Salaragrand Private Limited, Dharti Oil Services Private Limited, Bagri Construction Private Limited, Relipower Technology Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Anitha Marisetty was appointed as Director on 24 Mar 2011. Nagavenkata Ravindra Babu Marisetti was appointed as Director on 24 Mar 2011.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
