Abs Foods Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 8 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.69 Cr
- Satisfied Charges ₹ 8.00 Cr
- Revenue Growth 23.17%
- Profit Growth 113.79%
- Ebitda 186.88%
- Net Worth 19.80%
- Total Assets 12.56%
About Abs Foods
Abs Foods Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 24 May 2016 (Eight years and eight months 29 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹29.69 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Avadhnaresh Sharma, Rajeshri Sharma, and Mayank Sharma serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U15125GJ2016PLC092151
- Company No.
092151
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 May 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Abs Foods Limited offer?
Abs Foods Limited offers a wide range of products and services, including Ayurvedic Powder and Medicinal Herbs, Medicinal Plant, Herbal Seeds, Fresh Flowers, Plants & Trees, Dry Leaves, Herbs,Sticks and Roots, Fresh, Dried & Preserved Vegetables, Vegetable & Herb Flakes.
Who are the key members and board of directors at Abs Foods?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avadhnaresh Sharma  | Managing Director | 24-May-2016 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajeshri Sharma | Director | 24-May-2016 | Current |
| Mayank Sharma | Director | 24-May-2016 | Current |
Financial Performance of Abs Foods.
Abs Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.17% increase. The company also saw a substantial improvement in profitability, with a 113.79% increase in profit. The company's net worth Soared by an impressive increase of 19.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Abs Foods?
In 2023, Abs Foods had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Abs Food Ingredients Private LimitedAvadhnaresh Sharma and Rajeshri Sharma are mutual person
Charges (Loans)
₹29.69 Cr
₹8.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 29.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2022 | Axis Bank Limited | ₹8.93 M | Open |
| 07 Mar 2017 | Axis Bank Limited | ₹28.80 Cr | Open |
| 10 Aug 2016 | Lakshmi Vilas Bank Limited | ₹8.00 Cr | Satisfied |
How Many Employees Work at Abs Foods?
Abs Foods has a workforce of 4 employees as of Apr 08, 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 Abs Foods, 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 Abs Foods'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.
