Abc Bearings Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 11.55 Cr
- Company Age 63 Year, 8 Months
- Last Filing with ROC 31 Mar 2017
- Satisfied Charges ₹ 303.87 Cr
- Revenue Growth 5.62%
- Profit Growth 116.21%
- Ebitda 14.67%
- Net Worth 9.33%
- Total Assets -7.42%
About Abc Bearings
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29130MH1961PLC012028
- Company No.
012028
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 May 1961
- Date of AGM
20 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Abc Bearings Limited offer?
Abc Bearings Limited offers a wide range of products and services, including Clutch, Clutch Parts & Accessories, Clutch Components, Ball Bearings and Bearing Assemblies, Roller Bearings, Automotive Bearings, Cylindrical Roller Bearing, Ball Bearings, Cylindrical Bearings, Tapered Roller Bearings, Swing Bearing.
Who are the key members and board of directors at Abc Bearings?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr Choudhary  | CFO | Current | |
| Pradip Patel | Managing Director | 01-Aug-1986 | Current |
| Sanjay Desai | Company Secretary | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jal Patel | Director | 26-May-2004 | Current |
Sudhir Patel  | Whole-Time Director | 02-Sep-1989 | Current |
| Sahir Patel | Whole-Time Director | 19-Oct-2016 | Current |
| Tanuj Patel | Whole-Time Director | 24-Jul-2007 | Current |
| Shishir Diwanji | Director | 23-Jun-1988 | Current |
| Nalin Shah | Director | 16-Jul-2013 | Current |
Financial Performance of Abc Bearings.
Abc Bearings Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 5.62% increase. The company also saw a substantial improvement in profitability, with a 116.21% increase in profit. The company's net worth moved up by a moderate rise of 9.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Abc Bearings?
In 2017, Abc Bearings had a promoter holding of 38.76% and a public holding of 61.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vijay M. Mistry Construction Private LimitedPradip Patel is a mutual person
Tech Elecon Private LimitedPradip Patel is a mutual person
Tcl Ceramics LimitedMr. Choudhary and Tanuj Patel are mutual person
Emtici Engineering LimitedPradip Patel is a mutual person
Elecon Hydraulics Private LimitedPradip Patel is a mutual person
Paushak LimitedTanuj Patel is a mutual person
Charges (Loans)
₹0
₹303.87 Cr
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 64.62 Cr
- Idbi Bank Limited : 61.50 Cr
- State Bank Of India : 50.00 Cr
- Kotak Mahindra Bank Ltd : 26.50 Cr
- The Honkong And Shanghai Banking Corporation Limited : 20.30 Cr
- Others : 80.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2013 | Tata Capital Financial Services Limited | ₹15.00 Cr | Satisfied |
| 20 Jul 2013 | Others | ₹18.75 Cr | Satisfied |
| 06 Aug 2011 | State Bank Of India | ₹50.00 Cr | Satisfied |
| 29 Oct 2009 | Idbi Bank Limited | ₹26.50 Cr | Satisfied |
| 25 May 2009 | Idbi Bank Limited | ₹35.00 Cr | Satisfied |
How Many Employees Work at Abc Bearings?
Abc Bearings has a workforce of 364 employees as of Mar 23, 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 Abc Bearings, 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 Abc Bearings'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.
