Abletech Electro Engineers Private Limited

Provides infrastructure and services for renewable energy projects, including wind, hydro, and solar power.

1991 | Bangaluru, Karnataka (India) | Active
Last Updated:

Abletech Electro Engineers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.38 Cr
  • Company Age 34 Year, 1 Month
  • 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 and one month. 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

Infrastructure and Utilities
Energy and Power

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)

NameDesignationAppointment DateStatus
Kudthrubail Shetty Country flag representing In Director 16-Jan-2024Current
Sharada Shetty Country flag representing In Director 16-Jan-2024Current
Disha Shetty Country flag representing In Director 20-Jun-2023Current

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%.

Abletech Electro Engineers revenue growth over time
Abletech Electro Engineers 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
7.33%
Revenue from Operations
12.26%
Total Assets
6.21%
Profit or Loss
67.30%
Net Worth
10.36%
EBITDA
139.27%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.23 Cr

Satisfied Charges

₹44.27 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.23 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2024Axis Bank Limited₹1.23 CrOpen
05 May 2009Uco Bank₹10.00 CrSatisfied
12 Mar 2007State Bank Of India₹17.11 CrSatisfied
07 Mar 2005Uco Bank₹6.79 CrSatisfied
10 Aug 2004Uco Bank₹3.00 MSatisfied

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.

Employee growth trends for Abletech Electro Engineers Private Limited

Deals i

Graph showing company valuation over time

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

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 Abletech Electro Engineers

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.23 Cr with Charge ID 100953110 was registered on 29 Jul 2024.

  • Balance Sheet

    Abletech Electro Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Kudthrubail Diwakar Shetty was appointed as a Director was appointed as a Director on 16 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Sharada Shetty was appointed as a Director was appointed as a Director on 16 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Disha Shetty was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Abletech Electro Engineers Private Limited?

    Abletech Electro Engineers Private Limited was incorporated on 20 Feb 1991.

  • What is authorized share capital and paid-up capital of Abletech Electro Engineers Private Limited?

    The authorized share capital of Abletech Electro Engineers Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.38 Cr.

  • Who are the current board members & directors of Abletech Electro Engineers Private Limited?

    Currently 3 directors are associated with Abletech Electro Engineers Private Limited.

    • Kudthrubail Diwakar Shetty
    • Sharada Shetty
    • Disha Shetty

  • What is the registered address of Abletech Electro Engineers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Abletech Electro Engineers Private Limited is 766 Greenergy House 8Th Main 3Rd Block, Koramangala India, Bangalore, Karnataka, 560034.

  • What is the corporate identification number (CIN) and company number of Abletech Electro Engineers Private Limited?

    The corporate identification number (CIN) of Abletech Electro Engineers Private Limited is U31909KA1991PTC011685 and the company number is 011685 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Abletech Electro Engineers Private Limited?

    The Official website of Abletech Electro Engineers Private Limited is https://www.ableteq.com

  • What has been the recent revenue trend for Abletech Electro Engineers Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Abletech Electro Engineers Private Limited has risen by 7.33%.

  • How many employees does Abletech Electro Engineers Private Limited currently have?

    As Per 2022 financial reports, 36 employees are currently employed by Abletech Electro Engineers Private Limited.

  • What change has been observed in the net worth of Abletech Electro Engineers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Abletech Electro Engineers Private Limited has experienced an upsurge of 10.36%.

  • What are the total open charges for Abletech Electro Engineers Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Abletech Electro Engineers Private Limited amount to ₹ 1.23 Cr.

  • When was the last Balance Sheet of Abletech Electro Engineers Private Limited filed with the ROC?

    The most recent Balance Sheet for Abletech Electro Engineers Private Limited was filed with the ROC on 31 Mar 2024.

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