Ability Auto Profile
Key Indicators
- Authorised Capital ₹ 1.05 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 22 Year, 7 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 seven 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
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets | |||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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 LlpSarik Panchani is a mutual person
- Wings Impex Llp
Sarik Panchani is a mutual person
Charges (Loans)
₹2.25 Cr
₹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.