Abco Steel International Private Limited

Supplier of construction and structural steel products to heavy engineering and construction industries.

1996 | Udupi, Karnataka (India) | Active
Last Updated: July 18, 2024

Abco Steel International Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.82 Cr
  • Satisfied Charges ₹ 10.64 Cr
  • Revenue Growth 35.72%
  • Profit Growth 0.60%
  • Ebitda -0.54%
  • Net Worth 4.10%
  • Total Assets 24.14%

About Abco Steel International

Abco Steel International Private Limited (ASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 1996 and has a history of 28 years and six months. Its registered office is in Udupi, Karnataka, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.96 Cr.

The company currently has active open charges totaling ₹26.82 Cr. The company has closed loans amounting to ₹10.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bathsha Kazi, Mohammed Kazi, and Mohammed Kazi serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45203KA1996PTC020848

  • Company No.

    020848

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1996

  • Date of AGM

    09 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Abco Steel International?

Board Members (3)

Name Designation Appointment Date Status
Mohammed Kazi Country flag representing In Director 10-Jun-2012 Current
Bathsha Kazi Country flag representing In Whole-Time Director 19-Jul-1996 Current
Mohammed Kazi Country flag representing In Director 19-Jul-1996 Current

Financial Performance of Abco Steel International.

Abco Steel International Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.72% increase. The company also saw a slight improvement in profitability, with a 0.6% increase in profit. The company's net worth moved up by a moderate rise of 4.1%.

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
35.72%
Revenue from Operations
36.22%
Total Assets
24.14%
Profit or Loss
0.60%
Net Worth
4.10%
EBITDA
-0.54%

What is the Ownership and Shareholding Structure of Abco Steel International?

In 2023, Abco Steel International 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

₹26.82 Cr

Satisfied Charges

₹10.64 Cr

Charges Breakdown by Lending Institutions

  • Others : 24.62 Cr
  • Corporation Bank : 1.76 Cr
  • Canara Bank : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
02 Apr 2024 Others ₹6.65 M Open
02 Jan 2024 Others ₹1.37 M Open
30 Aug 2023 Others ₹1.25 Cr Open
15 May 2023 Others ₹0.90 M Open
30 Mar 2023 Others ₹8.00 M Open

How Many Employees Work at Abco Steel International?

Abco Steel International has a workforce of 86 employees as of Apr 05, 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 Abco Steel International, 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 Abco Steel International'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 Abco Steel International

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.67 Cr with Charge ID 100901644 was registered on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge with Others of Rs. 16.00 Cr registered on 20 Nov 2015 with Charge ID 10618297 was modified on 09 Feb 2024.

    09 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100851650 was registered on 02 Jan 2024.

    02 Jan 2024

  • Annual General Meeting

    Abco Steel International Private Limited last Annual general meeting of members was held on 09 Sep 2023 as per latest MCA records.

    09 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100789574 was registered on 30 Aug 2023.

    30 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100725346 was registered on 15 May 2023.

    15 May 2023

Frequently asked questions

  • Abco Steel International Private Limited was incorporated on 19 Jul 1996.

  • The authorized share capital of Abco Steel International Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.96 Cr.

  • Currently 3 directors are associated with Abco Steel International Private Limited.

    • Bathsha Aslam Kazi
    • Mohammed Aslam Kazi
    • Mohammed Farid Kazi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abco Steel International Private Limited is 4-34 Abco Compound N.H. 66 Kappettu Ambalpady, Udupi, Karnataka, India, 576103.

  • The corporate identification number (CIN) of Abco Steel International Private Limited is U45203KA1996PTC020848 and the company number is 020848 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abco Steel International Private Limited is https://www.abcosteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abco Steel International Private Limited has risen by 35.72%.

  • As Per 2023 financial reports, 86 employees are currently employed by Abco Steel International Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abco Steel International Private Limited has experienced an upsurge of 4.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Abco Steel International Private Limited amount to ₹ 26.82 Cr.

  • The most recent Balance Sheet for Abco Steel International Private Limited was filed with the ROC on 31 Mar 2023.