Abt Finance Profile
Key Indicators
- Authorised Capital ₹ 8.10 Cr
- Paid Up Capital ₹ 7.50 Cr
- Company Age 39 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.60 Cr
- Satisfied Charges ₹ 108.84 Cr
- Revenue Growth 31.75%
- Profit Growth -332.91%
- Ebitda -41.14%
- Net Worth -0.67%
- Total Assets 1.66%
About Abt Finance
Abt Finance Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 25 March 1985 and has a history of 39 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Anamallais Investments Private Limited. The Company is engaged in the Financial Services 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 8.10 Cr and a paid-up capital of Rs 7.50 Cr.
The company currently has active open charges totaling ₹14.60 Cr. The company has closed loans amounting to ₹108.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shruthi Balasubramaniam, Sundaraswamy Veluswamy, and Ragothaman Sethumadhava serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65921TZ1985PLC001575
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Company No.
001575
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
25 Mar 1985
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Abt Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ragothaman Sethumadhava
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Director | 01-Feb-2016 | Current |
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Shruthi Balasubramaniam
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Director | 02-Feb-2016 | Current |
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Sundaraswamy Veluswamy
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Director | 01-Feb-2016 | Current |
Financial Performance of Abt Finance.
Abt Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.75% increase. The company also saw a substantial fall in profitability, with a 332.91% decrease in profit. The company's net worth dipped by a decrease of 0.67%.
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What is the Ownership and Shareholding Structure of Abt Finance?
In 2023, Abt Finance had a promoter holding of 84.00% and a public holding of 16.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Abt Foods LimitedSundaraswamy Veluswamy is a mutual person
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Xpro India LimitedRagothaman Sethumadhava is a mutual person
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Sakthi Finance LimitedSundaraswamy Veluswamy is a mutual person
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Abt Motors LimitedShruthi Balasubramaniam is a mutual person
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Sakthifinance Financial Services Limited
Shruthi Balasubramaniam is a mutual person
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Abt Foods Agrovet Limited
Sundaraswamy Veluswamy is a mutual person
Charges (Loans)
₹14.60 Cr
₹108.84 Cr
Charges Breakdown by Lending Institutions
- M/S. The Nedunquadi Bank Limited : 6.50 Cr
- Others : 5.00 Cr
- M/S. Canara Bank : 3.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2021 | Others | ₹5.00 Cr | Open |
| 31 Mar 2000 | M/S. The Nedunquadi Bank Limited | ₹6.50 Cr | Open |
| 21 Dec 1998 | M/S. Canara Bank | ₹3.10 Cr | Open |
| 28 Dec 2016 | Lakshmi Vilas Bank Limited | ₹4.77 Cr | Satisfied |
| 11 Jul 2016 | Lakshmi Vilas Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Abt Finance?
Unlock and access historical data on people associated with Abt Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Abt Finance, 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 Abt Finance's trajectory.
Rating
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Alerts
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