Abletech Electro Engineers Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.38 Cr
- Company Age 34 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.23 Cr
- Satisfied Charges ₹ 44.27 Cr
- Revenue Growth 7.33%
- Profit Growth 67.30%
- Ebitda 139.27%
- Net Worth 10.36%
- Total Assets 6.21%
About Abletech Electro Engineers
Abletech Electro Engineers Private Limited (AEEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 February 1991 and has a history of 34 years. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Infrastructure And Utilities 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 5.00 Cr and a paid-up capital of Rs 3.38 Cr.
The company currently has active open charges totaling ₹1.23 Cr. The company has closed loans amounting to ₹44.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kudthrubail Shetty, Sharada Shetty, and Disha Shetty serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909KA1991PTC011685
- Company No.
011685
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Feb 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Abletech Electro Engineers Private Limited offer?
Abletech Electro Engineers Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Engineering Project, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Plant Maintenance Services, Power Plant Maintenance, Project Management, Electrification Service, Building & Real Estate Developers, Construction Service.
Who are the key members and board of directors at Abletech Electro Engineers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kudthrubail Shetty  | Director | 16-Jan-2024 | Current |
| Sharada Shetty | Director | 16-Jan-2024 | Current |
| Disha Shetty | Director | 20-Jun-2023 | Current |
Financial Performance of Abletech Electro Engineers.
Abletech Electro Engineers Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.33% increase. The company also saw a substantial improvement in profitability, with a 67.3% increase in profit. The company's net worth Soared by an impressive increase of 10.36%.
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What is the Ownership and Shareholding Structure of Abletech Electro Engineers?
In 2022, Abletech Electro Engineers had a promoter holding of 81.56% and a public holding of 18.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Delmon Designscapes Private LimitedDisha Shetty is a mutual person
Aepl Grotek Renewable Energy Private LimitedKudthrubail Shetty is a mutual person
- Sk Renewables Private Limited
Kudthrubail Shetty is a mutual person
- Dishaa Power Corporation Private Limited
Kudthrubail Shetty is a mutual person
- Newzen Green Energy India Private Limited
Kudthrubail Shetty is a mutual person
- Sattva Solar Energy Private Limited
Disha Shetty is a mutual person
Charges (Loans)
₹1.23 Cr
₹44.27 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Axis Bank Limited | ₹1.23 Cr | Open |
| 05 May 2009 | Uco Bank | ₹10.00 Cr | Satisfied |
| 12 Mar 2007 | State Bank Of India | ₹17.11 Cr | Satisfied |
| 07 Mar 2005 | Uco Bank | ₹6.79 Cr | Satisfied |
| 10 Aug 2004 | Uco Bank | ₹3.00 M | Satisfied |
How Many Employees Work at Abletech Electro Engineers?
Abletech Electro Engineers has a workforce of 36 employees as of Apr 05, 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 Abletech Electro Engineers, 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 Abletech Electro Engineers'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.
