Able Industries Private Limited

Manufactures machinery for road construction, including bitumen tanks, emulsion sprayers, and pugmill units.

2015 | Mahesana, Gujarat (India) | Active
Last Updated: December 24, 2024

Able Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.20 M
  • Paid Up Capital ₹ 4.20 M
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.82 Cr
  • Revenue Growth 1.35%
  • Profit Growth 88.35%
  • Ebitda 78.55%
  • Net Worth 57.05%
  • Total Assets 41.82%

About Able Industries

Able Industries Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 September 2015 (Nine years and five months 8 days old ). Its registered office is in Mahesana, Gujarat, India.

The Company is engaged in the Manufacturing 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 4.20 M and a paid-up capital of Rs 4.20 M.

The company currently has active open charges totaling ₹1.82 Cr.

Komal Patel, Mitulkumar Patel, and Nareshkumar Patel serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ableindustries.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29296GJ2015PTC084518

  • Company No.

    084518

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Able Industries Private Limited offer?

Able Industries Private Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Chemical Storage Tanks, Milling & Grinding Tools, Grinding Mill, Building & Construction Machines, Asphalt Road Equipment, Material Handling Machines & Systems, Ingredient Feeder.

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

Board Members (3)

NameDesignationAppointment DateStatus
Komal Patel Country flag representing In Director 18-Dec-2019Current
Mitulkumar Patel Country flag representing In Director 18-Sep-2015Current
Nareshkumar Patel Country flag representing In Director 24-Aug-2023Current

Financial Performance of Able Industries.

Able Industries Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 1.35% increase. The company also saw a substantial improvement in profitability, with a 88.35% increase in profit. The company's net worth Soared by an impressive increase of 57.05%.

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
1.35%
Revenue from Operations
1.35%
Total Assets
41.82%
Profit or Loss
88.35%
Net Worth
57.05%
EBITDA
78.55%

What is the Ownership and Shareholding Structure of Able Industries?

In 2020, Able Industries 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

₹18.23 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.97 Cr
  • Sidbi : 0.85 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2021Sidbi₹8.53 MOpen
30 Jun 2021Others₹4.70 MOpen
31 Oct 2020Others₹5.00 MOpen

How Many Employees Work at Able Industries?

Unlock and access historical data on people associated with Able Industries, 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 Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2024

  • Director Appointment

    Nareshkumar Bhagvandas Patel was appointed as a Director was appointed as a Director on 24 Aug 2023 & has been associated with this company since 1 year 6 months .

    24 Aug 2023

  • Charges

    A charge with Sidbi amounted to Rs. 8.53 M with Charge ID 100510397 was registered on 09 Dec 2021.

    09 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 4.70 M with Charge ID 100470636 was registered on 30 Jun 2021.

    30 Jun 2021

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100388483 was registered on 31 Oct 2020.

    31 Oct 2020

Frequently asked questions

  • Able Industries Private Limited was incorporated on 18 Sep 2015.

  • The authorized share capital of Able Industries Private Limited is ₹ 4.20 M and paid-up capital is ₹ 4.20 M.

  • Currently 3 directors are associated with Able Industries Private Limited.

    • Komal Rameshbhai Patel
    • Mitulkumar Bhagavanbhai Patel
    • Nareshkumar Bhagvandas Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Able Industries Private Limited is A/40 Radhe Axotika Behind Avsar Party Plot, India, Mehsana, Gujarat, 384002.

  • The corporate identification number (CIN) of Able Industries Private Limited is U29296GJ2015PTC084518 and the company number is 084518 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Able Industries Private Limited is https://www.ableindustries.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Able Industries Private Limited has risen by 1.35%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Able Industries Private Limited has experienced an upsurge of 57.05%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Able Industries Private Limited amount to ₹ 1.82 Cr.

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

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