Abans Commodities (I) Private Limited

Founded in 2009 and headquartered in Maharashtra, India.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Abans Commodities (I) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 118.99 Cr
  • Revenue Growth -89.51%
  • Profit Growth -92.44%
  • Ebitda 86.07%
  • Net Worth 0.86%
  • Total Assets -13.75%

About Abans Commodities (I)

Abans Commodities (I) Private Limited (ACIPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 November 2009 and has a history of 15 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company has closed loans amounting to ₹118.99 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ankit Joshi, Bhavesh Suthar, Kumud Patnaik, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74990MH2009PTC383841

  • Company No.

    044177

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 2009

  • Date of AGM

    19 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Agriculture

Who are the key members and board of directors at Abans Commodities (I)?

Board Members (5)

Name Designation Appointment Date Status
Shivshankar Singh Country flag representing In Director 18-Oct-2022 Current
Ankit Joshi Additional Director 30-Oct-2024 Current
Bhavesh Suthar Country flag representing In Director 12-Sep-2023 Current
Kumud Patnaik Country flag representing In Director Current
Ashima Chhatwal Country flag representing In Director 27-Jan-2022 Current

Financial Performance of Abans Commodities (I).

Abans Commodities (I) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 89.51% decrease. The company also saw a substantial fall in profitability, with a 92.44% decrease in profit. The company's net worth moved up by a moderate rise of 0.86%.

Graph illustrating revenue growth over time
Graph showing 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
-89.51%
Revenue from Operations
-93.23%
Total Assets
-13.75%
Profit or Loss
-92.44%
Net Worth
0.86%
EBITDA
86.07%

What is the Ownership and Shareholding Structure of Abans Commodities (I)?

In 2023, Abans Commodities (I) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹118.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 48.61 Cr
  • State Bank Of India : 20.00 Cr
  • Bank Of India : 10.70 Cr
  • Idbi Bank Limited : 10.00 Cr
  • Canara Bank : 8.68 Cr
  • Others : 21.00 Cr

Latest Charge Details

Date Lender Amount Status
20 May 2022 Canara Bank ₹8.68 Cr Satisfied
30 Dec 2021 Others ₹3.61 Cr Satisfied
24 Jun 2019 Others ₹13.00 Cr Satisfied
28 Dec 2018 Others ₹15.00 Cr Satisfied
22 Jun 2018 Others ₹2.00 Cr Satisfied

How Many Employees Work at Abans Commodities (I)?

Abans Commodities (I) has a workforce of 1 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abans Commodities (I), 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 Abans Commodities (I)'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 Abans Commodities (I)

Recent activity within the organization

  • Director Appointment

    Ankit Ketankumar Joshi was appointed as a Additional Director was appointed as a Additional Director on 30 Oct 2024 & has been associated with this company since 3 months 3 days .

    30 Oct 2024

  • Annual General Meeting

    Abans Commodities (I) Private Limited last Annual general meeting of members was held on 19 Aug 2024 as per latest MCA records.

    19 Aug 2024

  • Charges

    A charge registered on 20 May 2022 via Charge ID 100578547 with Canara Bank was fully satisfied on 08 May 2024.

    08 May 2024

  • Balance Sheet

    Abans Commodities (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Bhavesh Ganpatbhai Suthar was appointed as a Director was appointed as a Director on 12 Sep 2023 & has been associated with this company since 1 year 4 months .

    12 Sep 2023

  • Director Appointment

    Shivshankar Singh was appointed as a Director was appointed as a Director on 18 Oct 2022 & has been associated with this company since 2 years 3 months .

    18 Oct 2022

Frequently asked questions

  • Abans Commodities (I) Private Limited was incorporated on 17 Nov 2009.

  • The authorized share capital of Abans Commodities (I) Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 5 directors are associated with Abans Commodities (I) Private Limited.

    • Ankit Ketankumar Joshi
    • Bhavesh Ganpatbhai Suthar
    • Kumud Chandra Paricha Patnaik
    • Ashima Chhatwal
    • Shivshankar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abans Commodities (I) Private Limited is 36 37 Floor - 3 Plot 227 Nariman Bhavan Vinayak Kumar Shah Marg Ncpa P Oint, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Abans Commodities (I) Private Limited is U74990MH2009PTC383841 and the company number is 044177 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abans Commodities (I) Private Limited is https://www.abans.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abans Commodities (I) Private Limited has fallen by -89.51%.

  • As Per 2023 financial reports, 1 employees are currently employed by Abans Commodities (I) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abans Commodities (I) Private Limited has experienced an upsurge of 0.86%.

  • The most recent Balance Sheet for Abans Commodities (I) Private Limited was filed with the ROC on 31 Mar 2024.

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