A C Drives & Technology Private Limited

Manufactures and trades automation drivers, servo motors, PLCs, HMI, and offers repair services.

2013 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 28, 2024

A C Drives & Technology Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 Cr
  • Revenue Growth 7.32%
  • Profit Growth 234.51%
  • Ebitda 2332.27%
  • Net Worth 12.81%
  • Total Assets -17.58%

About A C Drives & Technology

A C Drives & Technology Private Limited (ACDTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 2013 and has a history of 11 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹4.50 Cr.

Bhavikkumar Patel, Bhadresh Gajera, Alpeshbhai Kachhadiya, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    drivesindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253GJ2013PTC075998

  • Company No.

    075998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2013

  • Date of AGM

    20 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does A C Drives & Technology Private Limited offer?

A C Drives & Technology Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Motor Drives, Industrial Control Systems, Servo Drives, Film & Media Production Services, Multimedia Presentation Service, HMI, Logic Controllers, PLC, PLC System.

Who are the key members and board of directors at A C Drives & Technology?

Board Members (6)

NameDesignationAppointment DateStatus
Bhavikkumar Patel Country flag representing In Director 15-Apr-2022Current
Bhadresh Gajera Country flag representing In Director 10-Dec-2013Current
Alpeshbhai Kachhadiya Country flag representing In Director 10-Dec-2013Current
Dharti Sutariya Country flag representing In Director 11-Jul-2013Current
Jaimina Patel Country flag representing In Director 11-Jul-2013Current
Kiritkumar Sutariya Country flag representing In Director 11-Jul-2013Current

Financial Performance of A C Drives & Technology.

A C Drives & Technology Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.32% increase. The company also saw a substantial improvement in profitability, with a 234.51% increase in profit. The company's net worth Soared by an impressive increase of 12.81%.

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
7.32%
Revenue from Operations
9.06%
Total Assets
-17.58%
Profit or Loss
234.51%
Net Worth
12.81%
EBITDA
2332.27%

What is the Ownership and Shareholding Structure of A C Drives & Technology?

In 2021, A C Drives & Technology 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

₹45.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2014Others₹4.50 CrOpen

How Many Employees Work at A C Drives & Technology?

Unlock and access historical data on people associated with A C Drives & Technology, 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 A C Drives & Technology, 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 A C Drives & Technology'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 A C Drives & Technology

Recent activity within the organization

  • Annual General Meeting

    A C Drives & Technology Private Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.

    20 Aug 2024

  • Balance Sheet

    A C Drives & Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Bhavikkumar Dahyabhai Patel was appointed as a Director was appointed as a Director on 15 Apr 2022 & has been associated with this company since 2 years 10 months .

    15 Apr 2022

  • Charges

    A charge with Others of Rs. 45.00 M registered on 13 Sep 2014 with Charge ID 10523844 was modified on 04 Sep 2017.

    04 Sep 2017

  • Charges

    A charge with Others amounted to Rs. 45.00 M with Charge ID 10523844 was registered on 13 Sep 2014.

    13 Sep 2014

  • Director Appointment

    Bhadresh Jagdish Gajera was appointed as a Director was appointed as a Director on 10 Dec 2013 & has been associated with this company since 11 years 2 months .

    10 Dec 2013

Frequently asked questions

  • A C Drives & Technology Private Limited was incorporated on 11 Jul 2013.

  • The authorized share capital of A C Drives & Technology Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 6 directors are associated with A C Drives & Technology Private Limited.

    • Bhavikkumar Dahyabhai Patel
    • Bhadresh Jagdish Gajera
    • Alpeshbhai Bhikhabhai Kachhadiya
    • Dharti Kiritbhai Sutariya
    • Jaimina Bhavikbhai Patel
    • Kiritkumar Vanmalibhai Sutariya
  • As per Ministry of Corporate Affairs (Mca), the registered address of A C Drives & Technology Private Limited is 39 Tulshi Park Soc-5 Raghukul Bunglows Nr. Sola Over Bridge Sarkhej Highway, Th Altej India, Ahmedabad, Gujarat, 380054.

  • The corporate identification number (CIN) of A C Drives & Technology Private Limited is U29253GJ2013PTC075998 and the company number is 075998 as per Ministry of Corporate Affairs (MCA).

  • The Official website of A C Drives & Technology Private Limited is https://www.drivesindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for A C Drives & Technology Private Limited has risen by 7.32%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of A C Drives & Technology Private Limited has experienced an upsurge of 12.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for A C Drives & Technology Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for A C Drives & Technology Private Limited was filed with the ROC on 31 Mar 2024.

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