Abhay Induction Tech Private Limited

Specializes in induction melting and heating equipment for various industries, established in 2009.

2009 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 09, 2025

Abhay Induction Tech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 47.47%
  • Profit Growth 366.26%
  • Ebitda 2134.58%
  • Net Worth 42.79%
  • Total Assets 75.08%

About Abhay Induction Tech

Abhay Induction Tech Private Limited (AITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 2009 and has a history of 15 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

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 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rachna Sharma, Kantibhai Patel, and Arun Sharma serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29142GJ2009PTC057312

  • Company No.

    057312

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2009

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

Who are the key members and board of directors at Abhay Induction Tech?

Board Members (3)

Name Designation Appointment Date Status
Rachna Sharma Country flag representing Au Director 19-Jun-2009 Current
Kantibhai Patel Country flag representing In Director 07-Oct-2021 Current
Arun Sharma Country flag representing Au Director 07-Aug-2020 Current

Financial Performance of Abhay Induction Tech.

Abhay Induction Tech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 47.47% increase. The company also saw a substantial improvement in profitability, with a 366.26% increase in profit. The company's net worth Soared by an impressive increase of 42.79%.

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
47.47%
Revenue from Operations
47.96%
Total Assets
75.08%
Profit or Loss
366.26%
Net Worth
42.79%
EBITDA
2134.58%

What is the Ownership and Shareholding Structure of Abhay Induction Tech?

In 2019, Abhay Induction Tech 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Abhay Induction Tech?

Abhay Induction Tech has a workforce of 22 employees as of Apr 06, 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 Abhay Induction Tech, 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 Abhay Induction Tech's trajectory.

Rating

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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 Abhay Induction Tech

Recent activity within the organization

  • Annual General Meeting

    Abhay Induction Tech Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Abhay Induction Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Kantibhai Patel was appointed as a Director was appointed as a Director on 07 Oct 2021 & has been associated with this company since 3 years 4 months .

    07 Oct 2021

  • Director Appointment

    Arun Kumar Sharma was appointed as a Director was appointed as a Director on 07 Aug 2020 & has been associated with this company since 4 years 6 months .

    07 Aug 2020

  • Director Appointment

    Rachna Sharma was appointed as a Director was appointed as a Director on 19 Jun 2009 & has been associated with this company since 15 years 7 months .

    19 Jun 2009

  • Company Incorporation

    Abhay Induction Tech Private Limited was registered on 19 Jun 2009 with Roc Ahmedabad & aged 15 years 7 months as per MCA records.

    19 Jun 2009

Frequently asked questions

  • Abhay Induction Tech Private Limited was incorporated on 19 Jun 2009.

  • The authorized share capital of Abhay Induction Tech Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Abhay Induction Tech Private Limited.

    • Rachna Sharma
    • Kantibhai Patel
    • Arun Kumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abhay Induction Tech Private Limited is 12 C New Industrial Estate Opp. Big Basket Moraiya, Taluko Sanand India, Ahmedabad, Gujarat, 382213.

  • The corporate identification number (CIN) of Abhay Induction Tech Private Limited is U29142GJ2009PTC057312 and the company number is 057312 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abhay Induction Tech Private Limited is https://www.aussiethermindia.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Abhay Induction Tech Private Limited has risen by 47.47%.

  • As Per 2022 financial reports, 22 employees are currently employed by Abhay Induction Tech Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Abhay Induction Tech Private Limited has experienced an upsurge of 42.79%.

  • The most recent Balance Sheet for Abhay Induction Tech Private Limited was filed with the ROC on 31 Mar 2022.

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