Abac Power Systems Private Limited

Provides rental/leasing services for non-residential properties since 2002.

2002 | Delhi (India) | Active
Last Updated: January 03, 2025

Abac Power Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.62 Cr
  • Revenue Growth -48.35%
  • Profit Growth -1080.46%
  • Ebitda -214.66%
  • Net Worth -24.05%
  • Total Assets -4.06%

About Abac Power Systems

Abac Power Systems Private Limited (APSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 July 2002 and has a history of 22 years and six months. Its registered office is in Delhi, India.

The Company is engaged in the Financial Services 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹3.62 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Upkar Kaur, Manmeet Bhatia, and Swaran Kaur serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31103DL2002PTC116334

  • Company No.

    116334

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2002

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Abac Power Systems?

Board Members (3)

Name Designation Appointment Date Status
Manmeet Bhatia Country flag representing In Director 25-Jul-2002 Current
Upkar Kaur Country flag representing In Director 25-Jul-2002 Current
Swaran Kaur Country flag representing In Director 25-Jul-2002 Current

Financial Performance of Abac Power Systems.

Abac Power Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.35% decrease. The company also saw a substantial fall in profitability, with a 1080.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.05%.

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
-48.35%
Revenue from Operations
-48.92%
Total Assets
-4.06%
Profit or Loss
-1080.46%
Net Worth
-24.05%
EBITDA
-214.66%

What is the Ownership and Shareholding Structure of Abac Power Systems?

Unlock access to Abac Power Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹36.15 M

Charges Breakdown by Lending Institutions

  • Others : 3.62 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2022 Others ₹2.10 Cr Satisfied
30 Mar 2021 Others ₹1.52 Cr Satisfied

How Many Employees Work at Abac Power Systems?

Unlock and access historical data on people associated with Abac Power Systems, 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 Abac Power Systems, 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 Abac Power Systems'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 Abac Power Systems

Recent activity within the organization

  • Charges

    A charge registered on 30 Nov 2022 via Charge ID 100666825 with Others was fully satisfied on 29 Oct 2024.

    29 Oct 2024

  • Annual General Meeting

    Abac Power Systems Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Balance Sheet

    Abac Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100436934 with Others was fully satisfied on 22 Dec 2022.

    22 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 21.00 M with Charge ID 100666825 was registered on 30 Nov 2022.

    30 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 15.15 M with Charge ID 100436934 was registered on 30 Mar 2021.

    30 Mar 2021

Frequently asked questions

  • Abac Power Systems Private Limited was incorporated on 25 Jul 2002.

  • The authorized share capital of Abac Power Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Abac Power Systems Private Limited.

    • Upkar Kaur
    • Manmeet Singh Bhatia
    • Swaran Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abac Power Systems Private Limited is H. No. 143, S/F Kailash Hills India, New Delhi, 110065.

  • The corporate identification number (CIN) of Abac Power Systems Private Limited is U31103DL2002PTC116334 and the company number is 116334 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abac Power Systems Private Limited has fallen by -48.35%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abac Power Systems Private Limited has experienced an downturn of -24.05%.

  • The most recent Balance Sheet for Abac Power Systems Private Limited was filed with the ROC on 31 Mar 2024.