Able Automobiles Private Limited

Sells automobile spare parts and accessories since 1996 in Kerala.

1996 | Ernakulam, Kerala (India) | Active
Last Updated: December 29, 2024

Able Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 28 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 M
  • Revenue Growth -22.88%
  • Profit Growth -8.69%
  • Ebitda 3534.23%
  • Net Worth 7.64%
  • Total Assets -11.43%

About Able Automobiles

Able Automobiles Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 April 1996 and has a history of 28 years and ten months. Its registered office is in Ernakulam, Kerala, 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹6.00 M.

Devaki Nandan, Aravind Singhal, Shyam Agarwal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50300KL1996PTC010298

  • Company No.

    010298

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Automotive

Who are the key members and board of directors at Able Automobiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Devaki Nandan Country flag representing In Managing Director15-Apr-1996Current

Board Members (4)

NameDesignationAppointment DateStatus
Aravind Singhal Country flag representing In Director 15-Apr-1996Current
Shyam Agarwal Country flag representing In Director 28-Dec-2020Current
Gopal Agarwal Country flag representing In Director 28-Dec-2020Current
Shubham Agrawal Country flag representing In Director 28-Dec-2020Current

Financial Performance of Able Automobiles.

Able Automobiles Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 22.88% decrease. The company also saw a slight decrease in profitability, with a 8.69% decrease in profit. The company's net worth moved up by a moderate rise of 7.64%.

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
-22.88%
Revenue from Operations
-22.55%
Total Assets
-11.43%
Profit or Loss
-8.69%
Net Worth
7.64%
EBITDA
3534.23%

What is the Ownership and Shareholding Structure of Able Automobiles?

In 2019, Able Automobiles 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)

Open Charges

₹6.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2020Indian Overseas Bank₹6.00 MOpen

How Many Employees Work at Able Automobiles?

Unlock and access historical data on people associated with Able Automobiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Able Automobiles, 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 Able Automobiles'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 Able Automobiles

Recent activity within the organization

  • Annual General Meeting

    Able Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Able Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Indian Overseas Bank of Rs. 6.00 M registered on 21 Mar 2020 with Charge ID 100340973 was modified on 18 Jan 2023.

    18 Jan 2023

  • Director Appointment

    Shyam Sunder Agarwal was appointed as a Director was appointed as a Director on 28 Dec 2020 & has been associated with this company since 4 years 1 month .

    28 Dec 2020

  • Director Appointment

    Gopal Agarwal was appointed as a Director was appointed as a Director on 28 Dec 2020 & has been associated with this company since 4 years 1 month .

    28 Dec 2020

  • Director Appointment

    Shubham Agrawal was appointed as a Director was appointed as a Director on 28 Dec 2020 & has been associated with this company since 4 years 1 month .

    28 Dec 2020

Frequently asked questions

  • Able Automobiles Private Limited was incorporated on 15 Apr 1996.

  • The authorized share capital of Able Automobiles Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 5 directors are associated with Able Automobiles Private Limited.

    • Devaki Singhal Nandan
    • Aravind Singhal
    • Shyam Sunder Agarwal
    • Gopal Agarwal
    • Shubham Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Able Automobiles Private Limited is 34/1863 N H Road, Mamangalam India, Cochin, Kerala, 682025.

  • The corporate identification number (CIN) of Able Automobiles Private Limited is U50300KL1996PTC010298 and the company number is 010298 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Able Automobiles Private Limited has fallen by -22.88%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Able Automobiles Private Limited has experienced an upsurge of 7.64%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Able Automobiles Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Able Automobiles Private Limited was filed with the ROC on 31 Mar 2024.

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