Ability Auto Private Limited
Manufactures and trades various auto parts and components for domestic and international markets.
2002 | Rajkot, Gujarat (India) | Active
Ability Auto Profile
Key Indicators
- Authorised Capital ₹ 1.05 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 22 Year, 10 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 2.25 Cr
- Revenue Growth %
- Profit Growth 65.70%
- Ebitda 73.23%
- Net Worth -0.02%
- Total Assets
About Ability Auto
Ability Auto Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 July 2002 and has a history of 22 years and ten months. Its registered office is in Rajkot, 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 2020. It's a company limited by shares with an authorized capital of Rs 1.05 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹2.25 Cr.
Sarik Panchani and Dharmesh Panchani serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28910GJ2002PTC041021
- Company No.
041021
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jul 2002
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Engineering
Ability Auto Private Limited
Explore comprehensive data for Ability Auto Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ability Auto?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharmesh Panchani  | Director | 26-Jul-2002 | Current |
| Sarik Panchani | Director | 26-Jul-2002 | Current |
Financial Performance of Ability Auto.
Ability Auto Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 65.7% increase in profit. The company's net worth dipped by a decrease of 0.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ability Auto?
In 2020, Ability Auto 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)
- Port-Land Connect Exim Llp
Sarik Panchani is a mutual person
- Wings Impex Llp
Sarik Panchani is a mutual person
Charges (Loans)
Open Charges
₹2.25 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of India : 2.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Apr 2005 | Bank Of India | ₹2.60 M | Open |
| 29 Dec 2004 | Bank Of India | ₹1.99 Cr | Open |
How Many Employees Work at Ability Auto?
Unlock and access historical data on people associated with Ability Auto, 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 Ability Auto, 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 Ability Auto'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.
Latest Updates, News, and FAQs on Ability Auto
Recent activity within the organization
- Annual General Meeting
Ability Auto Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Ability Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.
- Charges
A charge with Bank Of India of Rs. 0.26 Cr registered on 11 Apr 2005 with Charge ID 90107374 was modified on 20 Jul 2010.
- Charges
A charge with Bank Of India amounted to Rs. 0.26 Cr with Charge ID 90107374 was registered on 11 Apr 2005.
- Charges
A charge with Bank Of India amounted to Rs. 1.99 Cr with Charge ID 90107039 was registered on 29 Dec 2004.
- Director Appointment
Sarik Suryakantbhai Panchani was appointed as a Director was appointed as a Director on 26 Jul 2002 & has been associated with this company since 22 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Ability Auto Private Limited?
Ability Auto Private Limited was incorporated on 26 Jul 2002.
What is authorized share capital and paid-up capital of Ability Auto Private Limited?
The authorized share capital of Ability Auto Private Limited is ₹ 1.05 Cr and paid-up capital is ₹ 1.05 Cr.
Who are the current board members & directors of Ability Auto Private Limited?
Currently 2 directors are associated with Ability Auto Private Limited.
- Sarik Suryakantbhai Panchani
- Dharmesh Suryakant Panchani
What is the registered address of Ability Auto Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ability Auto Private Limited is A 401 Silver Star Appartmentsopp Sarda Baug Rajkot India, Gujarat, 360001.
What is the corporate identification number (CIN) and company number of Ability Auto Private Limited?
The corporate identification number (CIN) of Ability Auto Private Limited is U28910GJ2002PTC041021 and the company number is 041021 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Ability Auto Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Ability Auto Private Limited has experienced an downturn of -0.02%.
What are the total open charges for Ability Auto Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Ability Auto Private Limited amount to ₹ 2.25 Cr.
When was the last Balance Sheet of Ability Auto Private Limited filed with the ROC?
The most recent Balance Sheet for Ability Auto Private Limited was filed with the ROC on 31 Mar 2020.
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