Absolute Projects (India) Limited

EPC contracting company specializing in turnkey projects and electrical goods manufacturing.

1995 | Delhi (India) | Active
Last Updated:

Absolute Projects (India) Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 8.26 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 170.51 Cr
  • Satisfied Charges ₹ 140.64 Cr
  • Revenue Growth 39.89%
  • Profit Growth 35.97%
  • Ebitda 38.43%
  • Net Worth 7.58%
  • Total Assets 21.32%

About Absolute Projects (India)

Absolute Projects (India) Limited (APIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 February 1995 and has a history of 30 years and two months. Its registered office is in Delhi, India.

The Corporate was formerly known as Absolute Projects Private Limited. The Company is engaged in the Energy And Power 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 25.00 Cr and a paid-up capital of Rs 8.26 Cr.

The company currently has active open charges totaling ₹170.51 Cr. The company has closed loans amounting to ₹140.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Absolute Projects (India) Limited India are Raman Rastogi as Company Secretary, Deependra Ola as Ceo, and Saumya Dash as Cfo. Ranjeet Ola, Deependra Ola, Madan Kala, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL1995PLC065160

  • Company No.

    065160

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power
Company report

Absolute Projects (India) Limited

Explore comprehensive data for Absolute Projects (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Absolute Projects (India)?

Executive Team (4)

NameDesignationAppointment DateStatus
Ranjeet Ola Country flag representing In Managing Director07-Feb-1995Current
Raman Rastogi Country flag representing In Company Secretary27-Dec-2024Current
Deependra Ola CEO19-Sep-2024Current
Saumya Dash CFO10-Jan-2025Current

Board Members (5)

NameDesignationAppointment DateStatus
Deependra Ola Country flag representing In Whole-Time Director 10-Sep-2011Current
Madan Kala Country flag representing In Director 14-Nov-2024Current
Madhav Singh Country flag representing In Director 23-Jan-2025Current
Birbal Mahala Director 14-Nov-2024Current
Monika Bhukar Country flag representing In Director 26-Dec-2024Current

Financial Performance of Absolute Projects (India).

Absolute Projects (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.89% increase. The company also saw a substantial improvement in profitability, with a 35.97% increase in profit. The company's net worth moved up by a moderate rise of 7.58%.

Absolute Projects (India) revenue growth over time
Absolute Projects (India) 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
39.89%
Revenue from Operations
40.54%
Total Assets
21.32%
Profit or Loss
35.97%
Net Worth
7.58%
EBITDA
38.43%

What is the Ownership and Shareholding Structure of Absolute Projects (India)?

In 2023, Absolute Projects (India) had a promoter holding of 43.74% and a public holding of 56.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹170.51 Cr

Satisfied Charges

₹140.64 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 74.68 Cr
  • Axis Bank Limited : 39.92 Cr
  • Others : 35.91 Cr
  • Yes Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2025Others₹30.00 CrOpen
26 Dec 2024Others₹2.02 CrOpen
10 Jun 2024Others₹1.89 CrOpen
30 Jan 2024Hdfc Bank Limited₹1.30 CrOpen
24 Jan 2024Yes Bank Limited₹20.00 CrOpen

How Many Employees Work at Absolute Projects (India)?

Absolute Projects (India) has a workforce of 58 employees as of Mar 29, 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 Absolute Projects (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Absolute Projects (India), 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 Projects (India)'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 Absolute Projects (India)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 03 Feb 2025 with Charge ID 101052544 was modified on 12 Mar 2025.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101052544 was registered on 03 Feb 2025.

  • Director Appointment

    Madhav Singh was appointed as a Director was appointed as a Director on 23 Jan 2025 & has been associated with this company since 2 months 22 days .

  • Director Appointment

    Saumya Kanta Dash was appointed as a Cfo was appointed as a Cfo on 10 Jan 2025 & has been associated with this company since 3 months 4 days .

  • Charges

    A charge with Others of Rs. 2.02 Cr registered on 26 Dec 2024 with Charge ID 101039926 was modified on 30 Dec 2024.

  • Director Appointment

    Raman Rastogi was appointed as a Company Secretary was appointed as a Company Secretary on 27 Dec 2024 & has been associated with this company since 3 months 18 days .

Frequently asked questions

  • What is the Incorporation or founding date of Absolute Projects (India) Limited?

    Absolute Projects (India) Limited was incorporated on 07 Feb 1995.

  • What is authorized share capital and paid-up capital of Absolute Projects (India) Limited?

    The authorized share capital of Absolute Projects (India) Limited is ₹ 25.00 Cr and paid-up capital is ₹ 8.26 Cr.

  • Who are the current board members & directors of Absolute Projects (India) Limited?

    Currently 9 directors are associated with Absolute Projects (India) Limited.

    • Ranjeet Singh Ola
    • Deependra Singh Ola
    • Madan Singh Kala
    • Madhav Singh
    • Birbal Singh Mahala
    • Raman Rastogi
    • Deependra Singh Ola
    • Saumya Kanta Dash
    • Monika Bhukar

  • What is the registered address of Absolute Projects (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Absolute Projects (India) Limited is 4222/1Laxmi Kunj Ist Floor Ansari Road D Ganj India, New Delhi, 110002.

  • What is the corporate identification number (CIN) and company number of Absolute Projects (India) Limited?

    The corporate identification number (CIN) of Absolute Projects (India) Limited is U74999DL1995PLC065160 and the company number is 065160 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Absolute Projects (India) Limited?

    The Official website of Absolute Projects (India) Limited is https://www.apil-online.com

  • What has been the recent revenue trend for Absolute Projects (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Absolute Projects (India) Limited has risen by 39.89%.

  • How many employees does Absolute Projects (India) Limited currently have?

    As Per 2023 financial reports, 58 employees are currently employed by Absolute Projects (India) Limited.

  • What change has been observed in the net worth of Absolute Projects (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Absolute Projects (India) Limited has experienced an upsurge of 7.58%.

  • What are the total open charges for Absolute Projects (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Absolute Projects (India) Limited amount to ₹ 170.51 Cr.

  • When was the last Balance Sheet of Absolute Projects (India) Limited filed with the ROC?

    The most recent Balance Sheet for Absolute Projects (India) Limited was filed with the ROC on 31 Mar 2024.

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