Absolute Auto Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 28-07-2024
- Paid Up Capital ₹ 9.03 M
as on 28-07-2024
- Company Age 10 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.86 Cr
as on 28-07-2024
- Satisfied Charges ₹ 7.95 Cr
as on 28-07-2024
- Revenue -22.76%
(FY 2023)
- Profit -34.91%
(FY 2023)
- Ebitda -158.16%
(FY 2023)
- Net Worth 6.29%
(FY 2023)
- Total Assets 21.98%
(FY 2023)
About Absolute Auto
The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 9.03 M.
The company currently has active open charges totaling ₹4.86 Cr. The company has closed loans amounting to ₹7.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rama Jindal, Animesh Sanwaria, Sarika Sanwaria, and One other member serve as directors at the Company.
- CIN/LLPIN
U50102WB2014PTC201762
- Company No.
201762
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 May 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Absolute Auto?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rama Jindal  | Director | 01-Apr-2022 | Current |
| Animesh Sanwaria | Director | 15-May-2014 | Current |
| Sarika Sanwaria | Director | 15-May-2014 | Current |
| Palak Jindal | Director | 01-Apr-2022 | Current |
Financial Performance of Absolute Auto.
Absolute Auto Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.76% decrease. The company also saw a substantial fall in profitability, with a 34.91% decrease in profit. The company's net worth moved up by a moderate rise of 6.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Absolute Auto?
In 2023, Absolute Auto had a promoter holding of 65.94% and a public holding of 34.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Absolute Automobile Private LimitedActive 5 years 4 months
Animesh Sanwaria and Sarika Sanwaria are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 18 Nov 2014 | ₹4.86 Cr | Open |
Others Creation Date: 22 Jul 2022 | ₹4.30 Cr | Satisfied |
Bank Of India Creation Date: 14 Mar 2019 | ₹1.50 M | Satisfied |
How Many Employees Work at Absolute Auto?
Absolute Auto has a workforce of 36 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 Absolute Auto, 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 Absolute Auto'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.
