About Akson's Solar Equipments Private Limited
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Akson's Solar Equipments Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299MH1997PTC111848. Its GSTIN is 27AACCA4583F1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mangal Damodar Akole (Managing Director) and Aditya Mangal Akole (Whole-Time Director).
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 42 Sahjanand Societygandhi Bhavan Kothrud, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.94 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹5.84 Lakh (net margin 0.5%) and EBITDA of ₹47.97 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹7.82 Cr and satisfied charges of ₹2.01 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksonsolar.com.
Company details
Contact details
Akson's Solar Equipments Private Limited's registered office is in Pune, Maharashtra. Its website is aksonsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address42 Sahjanand Societygandhi Bhavan Kothrud, Pune, Maharashtra, India – 411029
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Akson's Solar Equipments 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 Akson's Solar Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Akson's Solar Equipments Private Limited, buy the company report.
Financials of Akson's Solar Equipments Private Limited
FY 2025 filings availableAkson's Solar Equipments Private Limited reported revenue of ₹10.94 Cr (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 41% growth in the latest year. EBITDA rose 166% 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 | ₹47.97 Lakh | ||||
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| Net Profit (PAT) | ₹5.84 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Akson's Solar Equipments Private Limited, buy the company report.
Board of directors of Akson's Solar Equipments Private Limited
Akson's Solar Equipments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Mangal Akole Also directs: Advancetherm Systems Private Limited | Whole-Time Director | 01 Jan 2010 | 16 Years 10 Months | Current |
| Mangal Damodar Akole | Managing Director | 12 Nov 1997 | 28 Years 11 Months | Current |
Auditor
Akson's Solar Equipments Private Limited is audited by SHIRISH MADHUSUDAN KULKARNI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIRISH MADHUSUDAN KULKARNI | FY 2023 | 036064 |
Shareholding
The shareholding of Akson's Solar Equipments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akson's Solar Equipments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2020 | 100328058 | Idbi Bank Limited | ₹2 Cr | Open | |
| 28 Jun 2017 | 100114665 | Idbi Bank Limited | ₹90 Lakh | Open | |
| 28 Mar 2014 | 10490827 | Idbi Bank Limited | ₹4.92 Cr | Open | |
| 31 Mar 2012 | 10355259 | State Bank of Hyderabad | ₹1.6 Cr | Satisfied | |
| 21 Apr 2001 | 90093785 | State Bank of Hyderabad | ₹40.5 Lakh | Satisfied |
To see the full charge records of Akson's Solar Equipments Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Akson's Solar Equipments Private Limited has 1 court case on record: 1 filed by Akson's Solar Equipments. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Satara, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Akson's Solar Equipments 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 Akson's Solar Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akson's Solar Equipments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA4583F1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akson's Solar Equipments Private Limited, buy the company report.
Recent activity
Akson's Solar Equipments Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Satish Damodar Akole ceased to be Director on 01 Aug 2018.
5 earlier events are in the company report.
Frequently asked questions
Akson's Solar Equipments is an active private limited company based in Pune, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 November 1997 (29+ years old) and is registered under CIN U29299MH1997PTC111848.
Akson's Solar Equipments has 2 current directors:
- Mangal Damodar Akole - Managing Director
- Aditya Mangal Akole - Whole-Time Director
The latest financial statements of Akson's Solar Equipments 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 Akson's Solar Equipments is 27AACCA4583F1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Akson's Solar Equipments is U29299MH1997PTC111848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akson's Solar Equipments has 1 court case on record: 1 filed by the company.
Akson's Solar Equipments was incorporated on 12 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Satish Damodar Akole ceased to be Director on 01 Aug 2018. Aditya Mangal Akole ceased to be Director on 20 Jul 2016. Aditya Mangal Akole was appointed as Whole-Time Director on 01 Jan 2010. Akson's Solar Equipments has 4 board changes on record in total.
Akson's Solar Equipments can be reached through the website aksonsolar.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Akson's Solar Equipments is at 42 Sahjanand Societygandhi Bhavan Kothrud, Pune, Maharashtra, India – 411029.
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