Abad Insulation Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 75.00 K
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 24.07 Cr
- Revenue Growth -57.57%
- Profit Growth -52.16%
- Ebitda -91.14%
- Net Worth 1.76%
- Total Assets -44.64%
About Abad Insulation
Abad Insulation Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 September 1993 and has a history of 31 years and five months. Its registered office is in Ahmedabad, Gujarat, 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 0.10 M and a paid-up capital of Rs 75.00 K .
The company has closed loans amounting to ₹24.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Mitul Shah and Nehal Shah serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U25209GJ1993PTC020111
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Company No.
020111
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Sep 1993
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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 Ahmedabad
Industry
What products or services does Abad Insulation Private Limited offer?
Abad Insulation Private Limited offers a wide range of products and services, including Adhesive & Pressure Sensitive Tapes, Safety Tapes, Insulators & Insulation Materials, Insulation Blankets, Insulation Material, Electrical Insulation Sleeving, Hoses & Hose Fittings, Duct Hose, Architectural & Civil Engineering, Architectural Services.
Who are the key members and board of directors at Abad Insulation?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mitul Shah
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Director | 08-Sep-2006 | Current |
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Nehal Shah
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Director | 13-Dec-2007 | Current |
Financial Performance of Abad Insulation.
Abad Insulation Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 57.57% decrease. The company also saw a substantial fall in profitability, with a 52.16% decrease in profit. The company's net worth moved up by a moderate rise of 1.76%.
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What is the Ownership and Shareholding Structure of Abad Insulation?
In 2022, Abad Insulation had a promoter holding of 100.00%. 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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Magic Konnections Solution Private LimitedMitul Shah and Nehal Shah are mutual person
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Inner Engineering Products & Systems Private LimitedMitul Shah and Nehal Shah are mutual person
Charges (Loans)
₹0
₹240.70 M
Charges Breakdown by Lending Institutions
- Others : 17.59 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 6.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2020 | Others | ₹4.99 Cr | Satisfied |
| 23 Apr 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.80 M | Satisfied |
| 23 Apr 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹6.30 Cr | Satisfied |
| 05 Nov 2014 | Others | ₹6.30 Cr | Satisfied |
| 22 Dec 2011 | Others | ₹6.30 Cr | Satisfied |
How Many Employees Work at Abad Insulation?
Abad Insulation has a workforce of 42 employees as of Mar 27, 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 Abad Insulation, 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 Abad Insulation'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.
