Abb Business Services Private Limited

Global shared service center for accounting, HR, supply chain, and EPC services.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated:

Abb Business Services Profile

Key Indicators

  • Authorised Capital ₹ 600.00 Cr
  • Paid Up Capital ₹ 520.01 Cr
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 98.23%
  • Profit Growth 372.40%
  • Ebitda 99.49%
  • Net Worth 91.08%
  • Total Assets 28.66%

About Abb Business Services

Abb Business Services Private Limited (ABSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 June 2018 (Six years and nine months 17 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Abb Substations Contracting India Private Limited. The Company is engaged in the Business 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 600.00 Cr and a paid-up capital of Rs 520.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Abb Business Services Private Limited India are Narasimhiah Gopalakrishna as CFO and Sunil Naik as Company Secretary. Sridhar Tyagavalli, Sanjeev Sharma, Trivikram Guda, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2018PTC114315

  • Company No.

    114315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2018

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services
Engineering
Company report

Abb Business Services Private Limited

Explore comprehensive data for Abb Business Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Abb Business Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Narasimhiah Gopalakrishna CFO01-Aug-2021Current
Sunil Naik Country flag representing In Company Secretary07-Feb-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Sridhar Tyagavalli Country flag representing In Director 27-Jun-2018Current
Sanjeev Sharma Country flag representing In Director 27-Jun-2018Current
Trivikram Guda Country flag representing In Director 28-Mar-2023Current
Kandlur Prabhu Country flag representing In Whole-Time Director 30-May-2022Current

Financial Performance of Abb Business Services.

Abb Business Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.23% increase. The company also saw a substantial improvement in profitability, with a 372.4% increase in profit. The company's net worth Soared by an impressive increase of 91.08%.

Abb Business Services revenue growth over time
Abb Business Services 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
98.23%
Revenue from Operations
98.23%
Total Assets
28.66%
Profit or Loss
372.40%
Net Worth
91.08%
EBITDA
99.49%

What is the Ownership and Shareholding Structure of Abb Business Services?

In 2023, Abb Business Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Abb Business Services?

Abb Business Services has a workforce of 2085 employees as of Apr 09, 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 Abb Business Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abb Business Services, 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 Abb Business Services'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 Abb Business Services

Recent activity within the organization

  • Annual General Meeting

    Abb Business Services Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Abb Business Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Trivikram Guda was appointed as a Director was appointed as a Director on 28 Mar 2023 & has been associated with this company since 2 years 16 days .

  • Director Appointment

    Kandlur Sudhir Prabhu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 May 2022 & has been associated with this company since 2 years 10 months .

  • Director Appointment

    Narasimhiah Gopalakrishna was appointed as a Cfo was appointed as a Cfo on 01 Aug 2021 & has been associated with this company since 3 years 8 months .

  • Director Appointment

    Sridhar Krishnaswamy Tyagavalli was appointed as a Director was appointed as a Director on 27 Jun 2018 & has been associated with this company since 6 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Abb Business Services Private Limited?

    Abb Business Services Private Limited was incorporated on 27 Jun 2018.

  • What is authorized share capital and paid-up capital of Abb Business Services Private Limited?

    The authorized share capital of Abb Business Services Private Limited is ₹ 600.00 Cr and paid-up capital is ₹ 520.01 Cr.

  • Who are the current board members & directors of Abb Business Services Private Limited?

    Currently 6 directors are associated with Abb Business Services Private Limited.

    • Sridhar Krishnaswamy Tyagavalli
    • Sanjeev Sharma
    • Trivikram Guda
    • Kandlur Sudhir Prabhu
    • Narasimhiah Gopalakrishna
    • Sunil Laxman Naik

  • What is the registered address of Abb Business Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abb Business Services Private Limited is Disha - 3Rd Floor Plot No. 5 6 2Nd Stage Peenya Industrial Area Iv, India, Bengaluru, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Abb Business Services Private Limited?

    The corporate identification number (CIN) of Abb Business Services Private Limited is U74999KA2018PTC114315 and the company number is 114315 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Abb Business Services Private Limited?

    The Official website of Abb Business Services Private Limited is https://www.abb.com

  • What has been the recent revenue trend for Abb Business Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Abb Business Services Private Limited has risen by 98.23%.

  • How many employees does Abb Business Services Private Limited currently have?

    As Per 2023 financial reports, 2085 employees are currently employed by Abb Business Services Private Limited.

  • What change has been observed in the net worth of Abb Business Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Abb Business Services Private Limited has experienced an upsurge of 91.08%.

  • When was the last Balance Sheet of Abb Business Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Abb Business Services Private Limited was filed with the ROC on 31 Mar 2024.

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