Abacus Power Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 50.00 K
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
- Revenue Growth 413.04%
- Profit Growth 3395.43%
- Ebitda 1530.56%
- Net Worth 224.91%
- Total Assets 766.48%
About Abacus Power
Abacus Power Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 July 2020 (Four years and six months 23 days old ). Its registered office is in Indore, Madhya Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 50.00 K .
The company currently has active open charges totaling ₹2.00 Cr.
Akshay Duggad and Abha Duggad serve as directors at the Company.
Company Details
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Location
Indore, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51909MP2020PTC051776
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Company No.
051776
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Jul 2020
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Date of AGM
30 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 Gwalior
Industry
Who are the key members and board of directors at Abacus Power?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Duggad
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Director | 11-Jul-2020 | Current |
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Abha Duggad
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Additional Director | 13-Jul-2022 | Current |
Financial Performance of Abacus Power.
Abacus Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 413.04% increase. The company also saw a substantial improvement in profitability, with a 3395.43% increase in profit. The company's net worth Soared by an impressive increase of 224.91%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Abacus Power?
Unlock access to Abacus Power'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.
Charges (Loans)
₹20.00 M
₹0
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2024 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Abacus Power?
Abacus Power has a workforce of 0 employees as of Apr 05, 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 Power, 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 Power'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.
