Abacus Logistics Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.50 M
- Paid Up Capital ₹ 5.40 M
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.00 M
- Satisfied Charges ₹ 3.66 M
- Revenue Growth -56.88%
- Profit Growth -29.70%
- Ebitda -87.41%
- Net Worth -274.25%
- Total Assets -51.24%
About Abacus Logistics Solutions
Abacus Logistics Solutions Private Limited (ALSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 July 1989 and has a history of 35 years and six months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Abacus Computer Centre Private Limited. The Company is engaged in the Transport And Logistics 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 5.50 M and a paid-up capital of Rs 5.40 M.
The company currently has active open charges totaling ₹3.00 M. The company has closed loans amounting to ₹3.66 M, as per Ministry of Corporate Affairs (MCA) records.
Ameerhamza Sheebahussain and Mohamed Hussain serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U72300TN1989PTC017771
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Company No.
017771
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Jul 1989
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Date of AGM
24 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Abacus Logistics Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ameerhamza Sheebahussain
|
Managing Director | 26-Jul-1989 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mohamed Hussain
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Director | 26-Aug-2020 | Current |
Financial Performance of Abacus Logistics Solutions.
Abacus Logistics Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 56.88% decrease. The company also saw a substantial fall in profitability, with a 29.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 274.25%.
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What is the Ownership and Shareholding Structure of Abacus Logistics Solutions?
In 2020, Abacus Logistics Solutions had a promoter holding of 99.71% and a public holding of 0.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Abadan Shipping Private LimitedMohamed Hussain is a mutual person
Charges (Loans)
₹3.00 M
₹3.66 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2019 | City Union Bank Limited | ₹3.00 M | Open |
| 04 Apr 2008 | City Union Bank Limited | ₹3.66 M | Satisfied |
How Many Employees Work at Abacus Logistics Solutions?
Abacus Logistics Solutions has a workforce of 8 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Abacus Logistics Solutions, 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 Abacus Logistics Solutions's trajectory.
Rating
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
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.
