Abb Business Services Profile
Key Indicators
- Authorised Capital ₹ 600.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 520.01 Cr
as on 16-11-2024
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 98.23%
(FY 2023)
- Profit 372.40%
(FY 2023)
- Ebitda 99.49%
(FY 2023)
- Net Worth 91.08%
(FY 2023)
- Total Assets 28.66%
(FY 2023)
About Abb Business Services
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Abb Business Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narasimhiah Gopalakrishna | CFO | 01-Aug-2021 | Current |
Sunil Naik  | Company Secretary | 07-Feb-2022 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sridhar Tyagavalli | Director | 27-Jun-2018 | Current |
| Sanjeev Sharma | Director | 27-Jun-2018 | Current |
| Trivikram Guda | Director | 28-Mar-2023 | Current |
| Kandlur Prabhu | Whole-Time Director | 30-May-2022 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Abb Global Industries And Services Private LimitedActive 23 years 2 monthsSridhar Tyagavalli, Sanjeev Sharma and 1 more are mutual person
B And R Industrial Automation Private LimitedActive 27 years 11 monthsSridhar Tyagavalli and Trivikram Guda are mutual person
Charges (Loans)
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.
Deals i
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
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.
