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ActiveMumbai, MaharashtraSince 1989

Akar Auto Industries Limited

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Set up in 1989 in Mumbai. It has pledged its assets against loans of up to ₹133.16 crore from 7 lenders.

CINL29220MH1989PLC052305
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37 years at a glance

Loans against its assets, and when today's people joined

1990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyThe Ind. and Investment Corp. of Maharashtra Ltd., up to ₹85 lakh, 20 Feb 1990 to 2 May 2017Canara Bank, up to ₹50 lakh, 21 Mar 1990 to 26 Nov 2018Canara Bank, up to ₹50 lakh, 28 May 1990 to 26 Nov 2018Canara Bank, up to ₹40 lakh, 6 May 1991 to 26 Nov 2018Canara Bank, up to ₹17.83 lakh, 5 Feb 1993 to 26 Nov 2018The State Ind. and Investment Corp. of Maharashtra Ltd., up to ₹25 lakh, 7 Jan 1994 to 2 May 2017Canara Bank, up to ₹50 lakh, 23 Dec 1994 to 26 Nov 2018Canara Bank, up to ₹1.78 crore, 5 May 1995 to 26 Nov 2018Canara Bank, up to ₹3.25 crore, 13 Jul 1995 to 26 Nov 2018Canara Bank, up to ₹75 lakh, 17 Jul 1995 to 26 Nov 2018Canara Bank, up to ₹3.25 crore, 13 Aug 1995 to 26 Nov 2018Canara Bank, up to ₹25 lakh, 21 Dec 1996 to 26 Nov 2018Canara Bank, up to ₹8.46 crore, 21 Jan 1997 to 18 Nov 2021Canara Bank, up to ₹8.46 crore, 21 Jan 1997 to 26 Nov 2018Sicom Ltd., up to ₹1.5 crore, 23 Jul 1998 to 2 May 2017Sicom Ltd., up to ₹1.6 crore, 1 Aug 2000 to 2 May 2017Canara Bank, up to ₹7.45 crore, 6 Oct 2000 to 26 Nov 2018Canara Bank, up to ₹75 lakh, 29 Jan 2001 to 26 Nov 2018Canara Bank, up to ₹1 crore, 16 Jul 2002 to 26 Nov 2018Canara Bank, up to ₹54.45 crore, 1 Aug 2002 to 26 Nov 2018Canara Bank, up to ₹19.8 crore, 22 Jan 2004 to still openCanara Bank, up to ₹3.6 lakh, 2 May 2006 to 26 Nov 2018Canara Bank, up to ₹2.55 lakh, 18 Jul 2008 to 26 Nov 2018Siemens Financial Services Private Limited, up to ₹1.45 crore, 25 Jan 2012 to 8 Apr 2021Siemens Financial Services Private Limited, up to ₹78 lakh, 21 Mar 2012 to 31 Dec 2018Siemens Financial Services Private Limited, up to ₹24.46 lakh, 31 Dec 2012 to 31 Dec 2018Siemens Financial Services Private Limited, up to ₹25 lakh, 25 Mar 2013 to 31 Dec 2018Canara Bank, up to ₹95 lakh, 10 Jan 2014 to 17 May 2014Siemens Financial Services Private Limited, up to ₹1 crore, 28 Mar 2014 to 31 Dec 2018Canara Bank, up to ₹2 crore, 25 Aug 2014 to 26 Nov 2018Siemens Financial Services Private Limited, up to ₹45.84 lakh, 1 Apr 2015 to 18 Sept 2020Punjab National Bank, up to ₹20 lakh, 27 Apr 2015 to 5 Dec 2022Siemens Financial Services Private Limited, up to ₹48 lakh, 29 May 2015 to 18 Sept 2020Canara Bank, up to ₹4.5 crore, 14 Sept 2015 to 10 Apr 2023Siemens Financial Services Private Limited, up to ₹31.45 lakh, 28 Sept 2015 to 18 Sept 2020Panjab National Bank, up to ₹9 lakh, 20 Oct 2015 to 24 Sept 2021Punjab National Bank, up to ₹17 lakh, 2 Feb 2016 to 28 Oct 2024Canara Bank, up to ₹1.25 crore, 2 May 2016 to 26 Nov 2018Punajab National Bank, up to ₹12 lakh, 10 Aug 2016 to 15 Jul 2023Siemens Financial Services Private Limited, up to ₹1.78 crore, 30 Dec 2016 to 18 Sept 2020HDFC Bank Limited, up to ₹97.98 lakh, 28 Feb 2017 to 27 Sept 2021Canara Bank, up to ₹2 crore, 12 May 2017 to 4 Dec 2017Canara Bank, up to ₹11.75 crore, 29 Dec 2017 to 14 May 2026Hewlett Packard Financial Services (India) Private LTD, up to ₹12.89 lakh, 10 Jan 2019 to 6 Dec 2023Canara Bank Specialised Mid Corporate Branch, up to ₹1.5 crore, 21 Nov 2019 to 8 Jun 2021Siemens Financial Services Private Limited, up to ₹1.3 crore, 17 Feb 2020 to 21 Sept 2023Canara Bank Specialised Mid Corporate Branch, up to ₹4.13 crore, 27 Apr 2020 to 5 Dec 2022Canara Bank Specialised Mid Corporate Branch, up to ₹9.5 crore, 11 Nov 2020 to 13 Jan 2025Canara Bank Specialised Mid Corporate Branch, up to ₹5.35 crore, 9 Dec 2021 to still openHDFC Bank Limited, up to ₹16.2 lakh, 14 Nov 2022 to still openCanara Bank, up to ₹2 crore, 21 Nov 2022 to 10 Apr 2023Punjab National Bank, up to ₹37.64 lakh, 5 Dec 2022 to still openCanara Bank, up to ₹11.3 crore, 21 Dec 2022 to still openSiemens Financial Services Private Limited, up to ₹1.19 crore, 26 Dec 2022 to still openSiemens Financial Services Private Limited, up to ₹41.15 lakh, 7 Jun 2023 to 31 Dec 2025HDFC Bank Limited, up to ₹20 crore, 20 Sept 2023 to still openHDFC Bank Limited, up to ₹22.56 lakh, 28 Sept 2023 to still openState Bank of India, up to ₹4 crore, 28 Nov 2023 to still openHDFC Bank Limited, up to ₹2 crore, 3 Sept 2024 to still openBajaj Finance Limited, up to ₹10 crore, 2 Dec 2024 to 13 Jan 2026State Bank of India, up to ₹49.5 crore, 4 Apr 2025 to still openIndian Renewable Energy Development Agency Limited, up to ₹16.3 crore, 6 Sept 2025 to still openCanara Bank, up to ₹2.95 crore, 18 Aug 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1989Registered as a company on 21 Jun 1989.
  • 2002Its biggest loan against assets, ₹54.45 crore with Canara Bank, was paid off in 2018.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹133.16 crorein loans backed by its assets, from 7 lenders

  • State Bank of India₹53.5 crore

    2 open loans, taken out 2023 to 2025

  • Canara Bank₹34.05 crore

    3 open loans, taken out 2004 to 2026

  • HDFC Bank Limited₹22.39 crore

    4 open loans, taken out 2022 to 2024

  • Indian Renewable Energy Development Agency Limited₹16.3 crore

    Open, taken out 6 Sept 2025

  • Canara Bank Specialised Mid Corporate Branch₹5.35 crore

    Open, taken out 9 Dec 2021

  • Siemens Financial Services Private Limited₹1.19 crore

    Open, taken out 26 Dec 2022

  • Punjab National Bank₹37.64 lakh

    Open, taken out 5 Dec 2022

50 earlier loans, now paid off
  • Bajaj Finance Limited2 Dec 2024 to 13 Jan 2026₹10 crore
  • Siemens Financial Services Private Limited7 Jun 2023 to 31 Dec 2025₹41.15 lakh
  • Canara Bank21 Nov 2022 to 10 Apr 2023₹2 crore
  • Canara Bank Specialised Mid Corporate Branch11 Nov 2020 to 13 Jan 2025₹9.5 crore
  • Canara Bank Specialised Mid Corporate Branch27 Apr 2020 to 5 Dec 2022₹4.13 crore
  • Siemens Financial Services Private Limited17 Feb 2020 to 21 Sept 2023₹1.3 crore
  • Canara Bank Specialised Mid Corporate Branch21 Nov 2019 to 8 Jun 2021₹1.5 crore
  • Hewlett Packard Financial Services (India) Private LTD10 Jan 2019 to 6 Dec 2023₹12.89 lakh
  • Canara Bank29 Dec 2017 to 14 May 2026₹11.75 crore
  • Canara Bank12 May 2017 to 4 Dec 2017₹2 crore
  • HDFC Bank Limited28 Feb 2017 to 27 Sept 2021₹97.98 lakh
  • Siemens Financial Services Private Limited30 Dec 2016 to 18 Sept 2020₹1.78 crore
  • Punajab National Bank10 Aug 2016 to 15 Jul 2023₹12 lakh
  • Canara Bank2 May 2016 to 26 Nov 2018₹1.25 crore
  • Punjab National Bank2 Feb 2016 to 28 Oct 2024₹17 lakh
  • Panjab National Bank20 Oct 2015 to 24 Sept 2021₹9 lakh
  • Siemens Financial Services Private Limited28 Sept 2015 to 18 Sept 2020₹31.45 lakh
  • Canara Bank14 Sept 2015 to 10 Apr 2023₹4.5 crore
  • Siemens Financial Services Private Limited29 May 2015 to 18 Sept 2020₹48 lakh
  • Punjab National Bank27 Apr 2015 to 5 Dec 2022₹20 lakh
  • Siemens Financial Services Private Limited1 Apr 2015 to 18 Sept 2020₹45.84 lakh
  • Canara Bank25 Aug 2014 to 26 Nov 2018₹2 crore
  • Siemens Financial Services Private Limited28 Mar 2014 to 31 Dec 2018₹1 crore
  • Canara Bank10 Jan 2014 to 17 May 2014₹95 lakh
  • Siemens Financial Services Private Limited25 Mar 2013 to 31 Dec 2018₹25 lakh
  • Siemens Financial Services Private Limited31 Dec 2012 to 31 Dec 2018₹24.46 lakh
  • Siemens Financial Services Private Limited21 Mar 2012 to 31 Dec 2018₹78 lakh
  • Siemens Financial Services Private Limited25 Jan 2012 to 8 Apr 2021₹1.45 crore
  • Canara Bank18 Jul 2008 to 26 Nov 2018₹2.55 lakh
  • Canara Bank2 May 2006 to 26 Nov 2018₹3.6 lakh
  • Canara Bank1 Aug 2002 to 26 Nov 2018₹54.45 crore
  • Canara Bank16 Jul 2002 to 26 Nov 2018₹1 crore
  • Canara Bank29 Jan 2001 to 26 Nov 2018₹75 lakh
  • Canara Bank6 Oct 2000 to 26 Nov 2018₹7.45 crore
  • Sicom Ltd.1 Aug 2000 to 2 May 2017₹1.6 crore
  • Sicom Ltd.23 Jul 1998 to 2 May 2017₹1.5 crore
  • Canara Bank21 Jan 1997 to 18 Nov 2021₹8.46 crore
  • Canara Bank21 Jan 1997 to 26 Nov 2018₹8.46 crore
  • Canara Bank21 Dec 1996 to 26 Nov 2018₹25 lakh
  • Canara Bank13 Aug 1995 to 26 Nov 2018₹3.25 crore
  • Canara Bank17 Jul 1995 to 26 Nov 2018₹75 lakh
  • Canara Bank13 Jul 1995 to 26 Nov 2018₹3.25 crore
  • Canara Bank5 May 1995 to 26 Nov 2018₹1.78 crore
  • Canara Bank23 Dec 1994 to 26 Nov 2018₹50 lakh
  • The State Ind. and Investment Corp. of Maharashtra Ltd.7 Jan 1994 to 2 May 2017₹25 lakh
  • Canara Bank5 Feb 1993 to 26 Nov 2018₹17.83 lakh
  • Canara Bank6 May 1991 to 26 Nov 2018₹40 lakh
  • Canara Bank28 May 1990 to 26 Nov 2018₹50 lakh
  • Canara Bank21 Mar 1990 to 26 Nov 2018₹50 lakh
  • The Ind. and Investment Corp. of Maharashtra Ltd.20 Feb 1990 to 2 May 2017₹85 lakh

What its filings add

Akar Auto Industries files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

  • ChatGPT · Claude

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.