Able Design And Manufacturing Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 28-12-2024
- Paid Up Capital ₹ 1.00 Cr
as on 28-12-2024
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.14 Cr
as on 28-12-2024
- Satisfied Charges ₹ 7.50 M
as on 28-12-2024
- Revenue 12.28%
(FY 2022)
- Profit 141.90%
(FY 2022)
- Ebitda 26.18%
(FY 2022)
- Net Worth 2.77%
(FY 2022)
- Total Assets -3.62%
(FY 2022)
About Able Design And Manufacturing
The Corporate was formerly known as Able Design Engineering Services Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹4.14 Cr. The company has closed loans amounting to ₹7.50 M, as per Ministry of Corporate Affairs (MCA) records.
Jagadish Hiremath, Manjula Hiremath, and Govind Joshi serve as directors at the Company.
- CIN/LLPIN
U74140KA2005PTC035761
- Company No.
035761
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Mar 2005
- Date of AGM
11 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Able Design And Manufacturing Private Limited offer?
Able Design And Manufacturing Private Limited offers a wide range of products and services, including Product Engineering and Prototyping, Product Engineering Service, 3D Printer & Services, 3D CAD Designing, Gazebos, Awnings, Canopies & Sheds, Shelters, Structures & Covers, Pet Furniture & Products, Pet Accessories, Commercial Vehicles & Three Wheelers, Van.
Who are the key members and board of directors at Able Design And Manufacturing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagadish Hiremath  | Managing Director | 20-Aug-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjula Hiremath | Director | 04-Mar-2005 | Current |
| Govind Joshi | Director | 24-Feb-2022 | Current |
Financial Performance of Able Design And Manufacturing.
Able Design And Manufacturing Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 12.28% increase. The company also saw a substantial improvement in profitability, with a 141.9% increase in profit. The company's net worth moved up by a moderate rise of 2.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Able Design And Manufacturing?
In 2022, Able Design And Manufacturing had a promoter holding of 55.25% and a public holding of 44.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sthira Technovations Private LimitedActive 13 years 6 monthsJagadish Hiremath and Manjula Hiremath are mutual person
Charges (Loans)
₹4.14 Cr
₹0.75 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2008 | State Bank Of India | ₹4.14 Cr | Open |
| 17 Nov 2017 | Others | ₹7.50 M | Satisfied |
How Many Employees Work at Able Design And Manufacturing?
Able Design And Manufacturing has a workforce of 111 employees as of Mar 30, 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 Able Design And Manufacturing, 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 Design And Manufacturing'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.
