Abad Insulation Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 75.00 K
- Company Age 31 Year, 6 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 six 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
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25209GJ1993PTC020111
- Company No.
020111
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Sep 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
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.
Abad Insulation Private Limited
Explore comprehensive data for Abad Insulation Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Abad Insulation?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mitul Shah  | Director | 08-Sep-2006 | Current |
| Nehal Shah | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Magic Konnections Solution Private LimitedMitul Shah and Nehal Shah are mutual person
Inner Engineering Products & Systems Private LimitedMitul Shah and Nehal Shah are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Abad Insulation
Recent activity within the organization
- Annual General Meeting
Abad Insulation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Abad Insulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 17 Nov 2020 via Charge ID 100415895 with Others was fully satisfied on 20 Jun 2023.
- Charges
A charge with Others of Rs. 49.90 M registered on 17 Nov 2020 with Charge ID 100415895 was modified on 24 Feb 2021.
- Charges
A charge registered on 23 Apr 2018 via Charge ID 100175821 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 11 Dec 2020.
- Charges
A charge registered on 23 Apr 2018 via Charge ID 100176901 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 11 Dec 2020.
Frequently asked questions
What is the Incorporation or founding date of Abad Insulation Private Limited?
Abad Insulation Private Limited was incorporated on 02 Sep 1993.
What is authorized share capital and paid-up capital of Abad Insulation Private Limited?
The authorized share capital of Abad Insulation Private Limited is ₹ 0.10 M and paid-up capital is ₹ 75.00 K .
Who are the current board members & directors of Abad Insulation Private Limited?
Currently 2 directors are associated with Abad Insulation Private Limited.
- Mitul Atulbhai Shah
- Nehal Mitul Shah
What is the registered address of Abad Insulation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Abad Insulation Private Limited is 205 Oasis Complex Opp- Ankurschool Paldi India, Ahmedabad, Gujarat, 380007.
What is the corporate identification number (CIN) and company number of Abad Insulation Private Limited?
The corporate identification number (CIN) of Abad Insulation Private Limited is U25209GJ1993PTC020111 and the company number is 020111 as per Ministry of Corporate Affairs (MCA).
What is the official website of Abad Insulation Private Limited?
The Official website of Abad Insulation Private Limited is https://www.abadinsulation.com
What has been the recent revenue trend for Abad Insulation Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Abad Insulation Private Limited has fallen by -57.57%.
How many employees does Abad Insulation Private Limited currently have?
As Per 2022 financial reports, 42 employees are currently employed by Abad Insulation Private Limited.
What change has been observed in the net worth of Abad Insulation Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Abad Insulation Private Limited has experienced an upsurge of 1.76%.
When was the last Balance Sheet of Abad Insulation Private Limited filed with the ROC?
The most recent Balance Sheet for Abad Insulation Private Limited was filed with the ROC on 31 Mar 2024.
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