Abilities India Pistons And Rings Limited

Founded in 1960 and headquartered in Delhi, India.

1960 | Delhi (India) | Active
Last Updated: November 16, 2024

Abilities India Pistons And Rings Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 64 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 73.81 Cr
  • Satisfied Charges ₹ 10.73 Cr
  • Revenue Growth 31.70%
  • Profit Growth 55.45%
  • Ebitda -6.95%
  • Net Worth 24.76%
  • Total Assets 16.75%

About Abilities India Pistons And Rings

Abilities India Pistons And Rings Limited (AIPARL) was founded in India on 12 July 1960 and has a glorious history of 64 years and six months. Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 4.50 Cr and a paid-up capital of Rs 3.90 Cr.

The company currently has active open charges totaling ₹73.81 Cr. The company has closed loans amounting to ₹10.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maharaj Pajan, Sunil Arora, Seema Arora, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25990DL1960PLC003266

  • Company No.

    003266

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 1960

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Abilities India Pistons And Rings Limited offer?

Abilities India Pistons And Rings Limited offers a wide range of products and services, including Piston & Crankshaft Assemblies, Piston.

Who are the key members and board of directors at Abilities India Pistons And Rings?

Executive Team (2)

Name Designation Appointment Date Status
Tushar Arora Country flag representing In Managing Director 12-Mar-2011 Current
Sunil Arora Country flag representing In Managing Director 01-Apr-1990 Current

Board Members (3)

Name Designation Appointment Date Status
Maharaj Pajan Country flag representing In Director 25-Jul-2020 Current
Seema Arora Country flag representing In Director 14-Feb-1996 Current
Romansha Arora Country flag representing In Director 25-Feb-2019 Current

Financial Performance of Abilities India Pistons And Rings.

Abilities India Pistons And Rings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.7% increase. The company also saw a substantial improvement in profitability, with a 55.45% increase in profit. The company's net worth Soared by an impressive increase of 24.76%.

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
31.70%
Revenue from Operations
31.95%
Total Assets
16.75%
Profit or Loss
55.45%
Net Worth
24.76%
EBITDA
-6.95%

What is the Ownership and Shareholding Structure of Abilities India Pistons And Rings?

In 2023, Abilities India Pistons And Rings had a promoter holding of 87.19% and a public holding of 12.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹73.81 Cr

Satisfied Charges

₹10.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 73.81 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2022 Others ₹9.00 M Open
19 Feb 2022 Others ₹0.64 M Open
19 Feb 2022 Others ₹0.43 M Open
10 Feb 2022 Others ₹2.25 Cr Open
16 Sep 2020 Others ₹4.00 Cr Open

How Many Employees Work at Abilities India Pistons And Rings?

Abilities India Pistons And Rings has a workforce of 217 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 Abilities India Pistons And Rings, 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 Abilities India Pistons And Rings'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 Abilities India Pistons And Rings

Recent activity within the organization

  • Annual General Meeting

    Abilities India Pistons And Rings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 54.14 Cr registered on 27 Jan 2003 with Charge ID 90062759 was modified on 08 Jul 2024.

    08 Jul 2024

  • Balance Sheet

    Abilities India Pistons And Rings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100554086 was registered on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100542288 was registered on 19 Feb 2022.

    19 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 0.04 Cr with Charge ID 100542290 was registered on 19 Feb 2022.

    19 Feb 2022

Frequently asked questions

  • Abilities India Pistons And Rings Limited was incorporated on 12 Jul 1960.

  • The authorized share capital of Abilities India Pistons And Rings Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.90 Cr.

  • Currently 5 directors are associated with Abilities India Pistons And Rings Limited.

    • Maharaj Kishen Pajan
    • Sunil Arora
    • Seema Arora
    • Tushar Arora
    • Romansha Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abilities India Pistons And Rings Limited is Plot No.-3 F-301 3Rd Floor Ashish Complex Local Shopping Centre New Rajdhani Enclave Vikas Marg, East India, East Delhi, 110092.

  • The corporate identification number (CIN) of Abilities India Pistons And Rings Limited is U25990DL1960PLC003266 and the company number is 003266 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abilities India Pistons And Rings Limited is https://www.aippistons.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Abilities India Pistons And Rings Limited has risen by 31.70%.

  • As Per 2023 financial reports, 217 employees are currently employed by Abilities India Pistons And Rings Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Abilities India Pistons And Rings Limited has experienced an upsurge of 24.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Abilities India Pistons And Rings Limited amount to ₹ 73.81 Cr.

  • The most recent Balance Sheet for Abilities India Pistons And Rings Limited was filed with the ROC on 31 Mar 2024.

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