Abel Tronics Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 36 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 27.08 Cr
- Satisfied Charges ₹ 56.89 Cr
- Revenue Growth 10.78%
- Profit Growth 94.53%
- Ebitda 36.14%
- Net Worth 35.46%
- Total Assets 4.26%
About Abel Tronics
Abel Tronics Ltd (ATL) is a Public Limited Indian Non-Government Company incorporated in India on 01 March 1988 and has a history of 36 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Financial 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 2.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹27.08 Cr. The company has closed loans amounting to ₹56.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkateswara Pagadala, Sampoorna, and Sasikiran Pyda serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, 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
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CIN/LLPIN
U30007TN1988PLC015413
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Company No.
015413
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
01 Mar 1988
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Abel Tronics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkateswara Pagadala
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Director | 11-Mar-2005 | Current |
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Sampoorna
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Director | 01-Mar-2013 | Current |
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Sasikiran Pyda
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Director | 01-Mar-2013 | Current |
Financial Performance of Abel Tronics.
Abel Tronics Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 10.78% increase. The company also saw a substantial improvement in profitability, with a 94.53% increase in profit. The company's net worth Soared by an impressive increase of 35.46%.
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What is the Ownership and Shareholding Structure of Abel Tronics?
In 2020, Abel Tronics 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)
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Siri Developers LimitedVenkateswara Pagadala is a mutual person
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Tcg Systems Private Limited
Venkateswara Pagadala and Sampoorna are mutual person
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Tmi Consultancy Services Private Limited
Venkateswara Pagadala is a mutual person
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Institute For Industry Careers Private Limited
Venkateswara Pagadala is a mutual person
Charges (Loans)
₹270.75 M
₹568.89 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 25.00 Cr
- Bharat Overseas Bank Ltd. : 1.60 Cr
- The Tamilnadu Industrial Investment Corporation Ltd. : 0.31 Cr
- Indian Bank : 0.15 Cr
- Swarnadhara Credit Corporation Ltd. : 0.01 Cr
- Others : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2012 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 23 Jul 1994 | Bharat Overseas Bank Ltd. | ₹1.60 Cr | Open |
| 10 Aug 1992 | The Tamilnadu Industrial Investment Corporation Ltd. | ₹3.13 M | Open |
| 06 Jul 1992 | Anz Grindlays Bank | ₹0.06 M | Open |
| 19 Dec 1990 | Swarnadhara Credit Corporation Ltd. | ₹0.06 M | Open |
How Many Employees Work at Abel Tronics?
Unlock and access historical data on people associated with Abel Tronics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Abel Tronics, 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 Abel Tronics's trajectory.
Rating
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Alerts
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