Abb India Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 42.38 Cr
- Company Age 75 Year, 1 Month
- Last Filing with ROC 31 Dec 2023
- Satisfied Charges ₹ 115.00 Cr
- Revenue Growth 23.31%
- Profit Growth 95.54%
- Ebitda 72.78%
- Net Worth 22.11%
- Total Assets 15.43%
About Abb India
Abb India Limited (AIL) was founded in India on 24 December 1949 and has a glorious history of 75 years and one month. Its registered office is in Bangaluru, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500002 and on the National Stock Exchange(NSE) under ABB.
The Corporate was formerly known as Asea Brown Boveri Ltd. The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 December 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 42.38 Cr.
The company has closed loans amounting to ₹115.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Abb India Limited India are Trivikram Guda as COMPANY SECRETARY and Sridhar Tyagavalli as Cfo. Shobinder Duggal, Gopika Pant, Sanjeev Sharma, and Three other members serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, 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
Industry
What products or services does Abb India Limited offer?
Abb India Limited offers a wide range of products and services, including Adaptors, Plugs & Sockets, Power Sockets, VFD, PLC, HMI & Control Equipments, Starters, Batteries & Charge Storage Devices, Automotive Battery Charger, Audio Mixer, Recorder & Transmitter, Buzzers, Industrial Chemicals & Supplies, Construction Chemical.
Who are the key members and board of directors at Abb India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridhar Tyagavalli
|
CFO | 24-Jul-2015 | Current |
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Sanjeev Sharma
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Managing Director | 01-Jan-2016 | Current |
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Trivikram Guda
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Company Secretary | 22-Dec-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Gopika Pant
|
Director | 27-Apr-2021 | Current |
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Shobinder Duggal
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Director | 04-Nov-2024 | Current |
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Monica Widhani
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Director | 06-May-2022 | Current |
Carolina Granat
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Director | 01-Apr-2022 | Current |
Adrian Guggisberg
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Director | 06-May-2022 | Current |
Financial Performance of Abb India.
Abb India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.31% increase. The company also saw a substantial improvement in profitability, with a 95.54% increase in profit. The company's net worth Soared by an impressive increase of 22.11%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Abb India?
In 2021, Abb India had a promoter holding of 75.00% and a public holding of 24.99%. 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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Gujarat Pipavav Port LimitedMonica Widhani is a mutual person
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Titan Engineering & Automation LimitedSanjeev Sharma is a mutual person
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Sbi Life Insurance Company LimitedShobinder Duggal is a mutual person
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Colgate-Palmolive (India) LimitedGopika Pant is a mutual person
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Abb Global Industries And Services Private LimitedSanjeev Sharma is a mutual person
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Abb Business Services Private Limited
Sanjeev Sharma is a mutual person
Charges (Loans)
₹0
₹115.00 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 40.00 Cr
- Canara Bank : 30.00 Cr
- Icici Bank Limited : 30.00 Cr
- Standard Chartered Bank : 7.50 Cr
- Hongkong And Shanghai Banking Corporation : 7.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2003 | Canara Bank | ₹30.00 Cr | Satisfied |
| 08 Sep 2003 | Standard Chartered Bank | ₹7.50 Cr | Satisfied |
| 08 Sep 2003 | Union Bank Of India | ₹40.00 Cr | Satisfied |
| 08 Sep 2003 | Hongkong And Shanghai Banking Corporation | ₹7.50 Cr | Satisfied |
| 08 Sep 2003 | Icici Bank Limited | ₹15.00 Cr | Satisfied |
How Many Employees Work at Abb India?
Abb India has a workforce of 7478 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Abb India, 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 India'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.
