2Degrees Automotive Private Limited

Precision component manufacturing for various industries, established in 2019.

2019 | Mettupalayam, Tamil Nadu (India) | Active
Last Updated: July 17, 2024

2Degrees Automotive Profile

Key Indicators

  • Authorised Capital ₹ 1.94 Cr
  • Paid Up Capital ₹ 1.21 Cr
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.21 Cr
  • Revenue Growth 96.72%
  • Profit Growth -286.52%
  • Ebitda 153.51%
  • Net Worth -14.91%
  • Total Assets -1.53%

About 2Degrees Automotive

2Degrees Automotive Private Limited (2APL) is a Private Limited Indian Non-Government Company incorporated in India on 06 November 2019 (Five years and two months 27 days old ). Its registered office is in Mettupalayam, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.94 Cr and a paid-up capital of Rs 1.21 Cr.

The company currently has active open charges totaling ₹2.21 Cr.

Palanisamy Karthik and Palanisamy Pradeep serve as directors at the Company.

Company Details

  • Location

    Mettupalayam, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29222TZ2019PTC032952

  • Company No.

    032952

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

Who are the key members and board of directors at 2Degrees Automotive?

Executive Team (2)

NameDesignationAppointment DateStatus
Palanisamy Karthik Country flag representing In Managing Director06-Nov-2019Current
Palanisamy Pradeep Country flag representing In Managing Director06-Nov-2019Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of 2Degrees Automotive.

2Degrees Automotive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.72% increase. The company also saw a substantial fall in profitability, with a 286.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
96.72%
Revenue from Operations
108.08%
Total Assets
-1.53%
Profit or Loss
-286.52%
Net Worth
-14.91%
EBITDA
153.51%

What is the Ownership and Shareholding Structure of 2Degrees Automotive?

In 2023, 2Degrees Automotive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.21 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.21 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2021Others₹1.47 CrOpen
01 Mar 2020Others₹7.40 MOpen

How Many Employees Work at 2Degrees Automotive?

Unlock and access historical data on people associated with 2Degrees Automotive, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of 2Degrees Automotive, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped 2Degrees Automotive's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on 2Degrees Automotive

Recent activity within the organization

  • Annual General Meeting

    2Degrees Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    2Degrees Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.47 Cr with Charge ID 100513171 was registered on 17 Dec 2021.

    17 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 0.74 Cr with Charge ID 100336039 was registered on 01 Mar 2020.

    01 Mar 2020

  • Director Appointment

    Palanisamy Karthik was appointed as a Managing Director was appointed as a Managing Director on 06 Nov 2019 & has been associated with this company since 5 years 2 months .

    06 Nov 2019

  • Director Appointment

    Palanisamy Pradeep was appointed as a Managing Director was appointed as a Managing Director on 06 Nov 2019 & has been associated with this company since 5 years 2 months .

    06 Nov 2019

Frequently asked questions

  • 2Degrees Automotive Private Limited was incorporated on 06 Nov 2019.

  • The authorized share capital of 2Degrees Automotive Private Limited is ₹ 1.94 Cr and paid-up capital is ₹ 1.21 Cr.

  • Currently 2 directors are associated with 2Degrees Automotive Private Limited.

    • Palanisamy Karthik
    • Palanisamy Pradeep
  • As per Ministry of Corporate Affairs (Mca), the registered address of 2Degrees Automotive Private Limited is Sf. No. 329/4 Pappampatti Main Road, Kannampalayam Sulur Sulur, Mettupalayam, Tamil Nadu, India, 641402.

  • The corporate identification number (CIN) of 2Degrees Automotive Private Limited is U29222TZ2019PTC032952 and the company number is 032952 as per Ministry of Corporate Affairs (MCA).

  • The Official website of 2Degrees Automotive Private Limited is https://www.2degrees.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for 2Degrees Automotive Private Limited has risen by 96.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of 2Degrees Automotive Private Limited has experienced an downturn of -14.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for 2Degrees Automotive Private Limited amount to ₹ 2.21 Cr.

  • The most recent Balance Sheet for 2Degrees Automotive Private Limited was filed with the ROC on 31 Mar 2023.