Abhitech Energycon Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
- Paid Up Capital ₹ 10.32 Cr
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 36.18 Cr
- Satisfied Charges ₹ 6.94 Cr
- Revenue Growth 57.17%
- Profit Growth 76.74%
- Ebitda 59.85%
- Net Worth 23.37%
- Total Assets 21.64%
About Abhitech Energycon
Abhitech Energycon Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 October 1997 and has a history of 27 years and three months. Its registered office is in Solan, Himachal Pradesh, India.
The Corporate was formerly known as Abhitech Energycon Services Private Limited. The Company is engaged in the Chemicals And Materials 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 17.00 Cr and a paid-up capital of Rs 10.32 Cr.
The company currently has active open charges totaling ₹36.18 Cr. The company has closed loans amounting to ₹6.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Abhitech Energycon Limited India are Siddhesh Navale as COMPANY SECRETARY and Santosh Desai as Cfo. Dinesh Mote, Subhajit Mukherjee, Ravikant Sankhe, and Seven other members serve as directors at the Company.
Company Details
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Location
Solan, Himachal Pradesh, 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
U74210HP1997PLC001112
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Company No.
001112
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 Oct 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Himachal Pradesh
Industry
What products or services does Abhitech Energycon Limited offer?
Abhitech Energycon Limited offers a wide range of products and services, including .
Who are the key members and board of directors at Abhitech Energycon?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Siddhesh Navale | Company Secretary | 13-Dec-2022 | Current |
| Santosh Desai | CFO | 13-Dec-2022 | Current |
Ganesh Samant
|
Managing Director | 10-Oct-1997 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Prasad Samant
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Whole-Time Director | 30-Jun-2001 | Current |
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Prakash Tiwari
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Director | 21-Jun-2023 | Current |
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Dinesh Mote
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Whole-Time Director | 22-May-2023 | Current |
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Subhajit Mukherjee
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Whole-Time Director | 22-May-2023 | Current |
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Ravikant Sankhe
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Director | 01-Mar-2023 | Current |
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Arcot Vyasa
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Whole-Time Director | 22-May-2023 | Current |
Financial Performance of Abhitech Energycon.
Abhitech Energycon Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.17% increase. The company also saw a substantial improvement in profitability, with a 76.74% increase in profit. The company's net worth Soared by an impressive increase of 23.37%.
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What is the Ownership and Shareholding Structure of Abhitech Energycon?
In 2023, Abhitech Energycon 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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Technocrafts Electric Private LimitedPrasad Samant and Ganesh Samant are mutual person
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Clear Water LimitedSubhajit Mukherjee, Arcot Vyasa and 1 more are mutual person
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Orgman Sols Private Limited
Prakash Tiwari is a mutual person
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T8 Techinnovations Private Limited
Prasad Samant is a mutual person
Charges (Loans)
₹36.18 Cr
₹6.94 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 36.00 Cr
- Others : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 May 2024 | Axis Bank Limited | ₹3.50 M | Open |
| 02 Apr 2024 | Axis Bank Limited | ₹1.50 M | Open |
| 28 Mar 2024 | Axis Bank Limited | ₹1.00 M | Open |
| 28 Aug 2023 | Axis Bank Limited | ₹1.65 M | Open |
| 31 Jul 2023 | Axis Bank Limited | ₹1.50 M | Open |
How Many Employees Work at Abhitech Energycon?
Abhitech Energycon has a workforce of 385 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Abhitech Energycon, 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 Abhitech Energycon'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.
