Abacus Power Private Limited

Founded in 2020 and headquartered in Madhya Pradesh, India.

2020 | Indore, Madhya Pradesh (India) | Active
Last Updated:

Abacus Power Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 50.00 K
  • Company Age 4 Year, 9 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 nine months 29 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

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909MP2020PTC051776

  • Company No.

    051776

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Machinery and Equipment
Company report

Abacus Power Private Limited

Explore comprehensive data for Abacus Power Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Akshay Duggad Country flag representing In Director 11-Jul-2020Current
Abha Duggad Country flag representing In Additional Director 13-Jul-2022Current

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%.

Abacus Power revenue growth over time
Abacus Power 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
413.04%
Revenue from Operations
413.60%
Total Assets
766.48%
Profit or Loss
3395.43%
Net Worth
224.91%
EBITDA
1530.56%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2024Others₹2.00 CrOpen

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.

Employee growth trends for Abacus Power Private Limited

Deals i

Graph showing company valuation over time

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

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 Abacus Power

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100964874 was registered on 24 Jun 2024.

  • Balance Sheet

    Abacus Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Director Appointment

    Abha Duggad was appointed as a Additional Director was appointed as a Additional Director on 13 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Akshay Duggad was appointed as a Director was appointed as a Director on 11 Jul 2020 & has been associated with this company since 4 years 9 months .

  • Company Incorporation

    Abacus Power Private Limited was registered on 11 Jul 2020 with Roc Gwalior & aged 4 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Abacus Power Private Limited?

    Abacus Power Private Limited was incorporated on 11 Jul 2020.

  • What is authorized share capital and paid-up capital of Abacus Power Private Limited?

    The authorized share capital of Abacus Power Private Limited is ₹ 1.50 M and paid-up capital is ₹ 50.00 K .

  • Who are the current board members & directors of Abacus Power Private Limited?

    Currently 2 directors are associated with Abacus Power Private Limited.

    • Akshay Duggad
    • Abha Duggad

  • What is the registered address of Abacus Power Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abacus Power Private Limited is 216 Anoop Nagar, F No. 202 Saraswati Apartment India, Indore, Madhya Pradesh, 452001.

  • What is the corporate identification number (CIN) and company number of Abacus Power Private Limited?

    The corporate identification number (CIN) of Abacus Power Private Limited is U51909MP2020PTC051776 and the company number is 051776 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Abacus Power Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Abacus Power Private Limited has risen by 413.04%.

  • What change has been observed in the net worth of Abacus Power Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Abacus Power Private Limited has experienced an upsurge of 224.91%.

  • What are the total open charges for Abacus Power Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Abacus Power Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Abacus Power Private Limited filed with the ROC?

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

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