Accrete Electromech Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 1.00 Cr
as on 15-11-2024
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.77 Cr
as on 15-11-2024
- Satisfied Charges ₹ 6.90 Cr
as on 15-11-2024
- Revenue 21.82%
(FY 2023)
- Profit 94.16%
(FY 2023)
- Ebitda 34.87%
(FY 2023)
- Net Worth 40.85%
(FY 2023)
- Total Assets 6.99%
(FY 2023)
About Accrete Electromech
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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹21.77 Cr. The company has closed loans amounting to ₹6.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Premlata Modani, Abhishek Modani, and Ramkanya Modani serve as directors at the Company.
- CIN/LLPIN
U28990MH2010PTC211437
- Company No.
211437
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 2010
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Accrete Electromech?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Modani  | Director | 23-Mar-2015 | Current |
| Premlata Modani | Director | 27-Dec-2010 | Current |
| Ramkanya Modani | Director | 27-Dec-2010 | Current |
Financial Performance of Accrete Electromech.
Accrete Electromech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.82% increase. The company also saw a substantial improvement in profitability, with a 94.16% increase in profit. The company's net worth Soared by an impressive increase of 40.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Accrete Electromech?
In 2023, Accrete Electromech had a promoter holding of 71.00% and a public holding of 29.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
A2z Industrial Solutions LlpActive 9 years 3 monthsPremlata Modani and Abhishek Modani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 15 Mar 2023 | ₹4.00 Cr | Open |
Sidbi Creation Date: 26 Mar 2022 | ₹1.42 Cr | Open |
Sidbi Creation Date: 05 Jan 2022 | ₹7.50 M | Open |
How Many Employees Work at Accrete Electromech?
Accrete Electromech has a workforce of 81 employees as of Apr 02, 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 Accrete Electromech, 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 Accrete Electromech'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.
