Abt Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 15.16 Cr
- Company Age 74 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 331.70 Cr
- Satisfied Charges ₹ 248.11 Cr
- Revenue Growth 19.13%
- Profit Growth 2.34%
- Ebitda -9.38%
- Net Worth 48.52%
- Total Assets 0.47%
About Abt Industries
Abt Industries Limited (AIL) was founded in India on 05 April 1950 and has a glorious history of 74 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as The Gounder & Company Private Limited. 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 20.00 Cr and a paid-up capital of Rs 15.16 Cr.
The company currently has active open charges totaling ₹331.70 Cr. The company has closed loans amounting to ₹248.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Abt Industries Limited India are Palaniappan Venkatachalam as COMPANY SECRETARY and Raghavan Seshathri as Cfo. Gurusamy Muniasamy, Samyuktha Balasubramaniam, Hari Manickam, and Four other members 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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Social Media-
Corporate Identity Details
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CIN/LLPIN
U60231TZ1950PLC000055
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Company No.
000055
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
05 Apr 1950
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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 Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palaniappan Venkatachalam | Company Secretary | 04-Oct-2010 | Current |
| Raghavan Seshathri | CFO | 20-Oct-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurusamy Muniasamy
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Additional Director | 05-Sep-2024 | Current |
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Samyuktha Balasubramaniam
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Whole-Time Director | 27-Sep-2014 | Current |
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Hari Manickam
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Director | 09-Sep-2015 | Current |
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Rajeswaran Kalimuthu
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Director | 09-Sep-2015 | Current |
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Prakash Kasiappagounder
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Director | 30-Sep-2017 | Current |
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Krishnaraj Vanavarayar
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Director | 09-Sep-2015 | Current |
Financial Performance of Abt Industries.
Abt Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.13% increase. The company also saw a slight improvement in profitability, with a 2.34% increase in profit. The company's net worth Soared by an impressive increase of 48.52%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Abt Industries?
In 2022, Abt Industries had a promoter holding of 88.05% and a public holding of 11.95%. 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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Sri Sakthi Textiles Private LimitedKrishnaraj Vanavarayar is a mutual person
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Sakthi Management Services Coimbatore LimitedPrakash Kasiappagounder is a mutual person
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Sakthi Auto Ancillary Private LimitedHari Manickam is a mutual person
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A B T LimitedHari Manickam and Prakash Kasiappagounder are mutual person
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Abt Foods LimitedPalaniappan Venkatachalam, Samyuktha Balasubramaniam and 2 more are mutual person
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Sakthi Auto Component LimitedHari Manickam is a mutual person
Charges (Loans)
₹331.70 Cr
₹248.11 Cr
Charges Breakdown by Lending Institutions
- Others : 278.06 Cr
- Hdfc Bank Limited : 39.17 Cr
- K Balachandran Fca : 5.55 Cr
- Yes Bank Limited : 5.00 Cr
- Sundaram Finance Limited : 2.17 Cr
- Others : 1.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2024 | Others | ₹3.77 Cr | Open |
| 16 Aug 2024 | Others | ₹3.53 Cr | Open |
| 31 Jul 2024 | Others | ₹8.15 M | Open |
| 24 Jun 2024 | Others | ₹1.10 Cr | Open |
| 08 May 2024 | Hdfc Bank Limited | ₹2.35 M | Open |
How Many Employees Work at Abt Industries?
Abt Industries has a workforce of 809 employees as of Apr 07, 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 Abt Industries, 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 Industries'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.
