Accurate Auto Lathes Pvt Ltd

Manufacturer and exporter of agricultural and industrial machinery, including sprayers, lathes, and cutting tools.

1981 | Punjab, Punjab (India) | Active
Last Updated: December 07, 2024

Accurate Auto Lathes Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.37 M
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.60 M
  • Satisfied Charges ₹ 8.53 M
  • Revenue Growth 4.31%
  • Profit Growth -95.99%
  • Ebitda 138.33%
  • Net Worth 0.60%
  • Total Assets -13.06%

About Accurate Auto Lathes

Accurate Auto Lathes Pvt Ltd (AALPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 May 1981 and has a history of 43 years and eight months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Agriculture 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 0.50 M and a paid-up capital of Rs 0.37 M.

The company currently has active open charges totaling ₹3.60 M. The company has closed loans amounting to ₹8.53 M, as per Ministry of Corporate Affairs (MCA) records.

Harpal Saini, Varinder Singh, Manpreet Kaur, and One other member serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    accurate-group.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300PB1981PTC004547

  • Company No.

    004547

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Agriculture
Machinery and Equipment

What products or services does Accurate Auto Lathes Pvt Ltd offer?

Accurate Auto Lathes Pvt Ltd offers a wide range of products and services, including Woodworking Tools & Machines, Countersink Drill Bit, Moulds, Jigs and Casting Dies, Cutting Dies, Cutting Tools & Milling Cutter, Threading Tap, Drilling Bits, Collets and Chucks, HSS Drill Bits, Twist Drills, Measurement Gauges & Gauge Fittings.

Who are the key members and board of directors at Accurate Auto Lathes?

Board Members (4)

Name Designation Appointment Date Status
Harpal Saini Country flag representing In Additional Director 14-Jul-2022 Current
Varinder Singh Country flag representing In Director 01-Feb-1994 Current
Manpreet Kaur Country flag representing In Director 07-Apr-1993 Current
Jagjot Saini Country flag representing In Additional Director 18-May-2024 Current

Financial Performance of Accurate Auto Lathes.

Accurate Auto Lathes Pvt Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 4.31% increase. The company also saw a substantial fall in profitability, with a 95.99% decrease in profit. The company's net worth moved up by a moderate rise of 0.6%.

Graph illustrating revenue growth over time
Graph showing 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
4.31%
Revenue from Operations
4.46%
Total Assets
-13.06%
Profit or Loss
-95.99%
Net Worth
0.60%
EBITDA
138.33%

What is the Ownership and Shareholding Structure of Accurate Auto Lathes?

In 2021, Accurate Auto Lathes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.60 M

Satisfied Charges

₹8.53 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.36 Cr

Latest Charge Details

Date Lender Amount Status
04 Jan 2023 Hdfc Bank Limited ₹0.60 M Open
10 Dec 2011 Hdfc Bank Limited ₹3.00 M Open
18 Dec 1989 State Bank Of India ₹0.10 M Satisfied
14 Jul 1989 State Bank Of India ₹4.50 M Satisfied
27 Dec 1983 State Bank Of India ₹0.08 M Satisfied

How Many Employees Work at Accurate Auto Lathes?

Accurate Auto Lathes has a workforce of 19 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accurate Auto Lathes, 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 Accurate Auto Lathes'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 Accurate Auto Lathes

Recent activity within the organization

  • Annual General Meeting

    Accurate Auto Lathes Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Jagjot Singh Saini was appointed as a Additional Director was appointed as a Additional Director on 18 May 2024 & has been associated with this company since 8 months 27 days .

    18 May 2024

  • Balance Sheet

    Accurate Auto Lathes Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 M with Charge ID 100670758 was registered on 04 Jan 2023.

    04 Jan 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 3.00 M registered on 10 Dec 2011 with Charge ID 10333532 was modified on 18 Nov 2022.

    18 Nov 2022

  • Director Appointment

    Harpal Singh Saini was appointed as a Additional Director was appointed as a Additional Director on 14 Jul 2022 & has been associated with this company since 2 years 7 months .

    14 Jul 2022

Frequently asked questions

  • Accurate Auto Lathes Pvt Ltd was incorporated on 20 May 1981.

  • The authorized share capital of Accurate Auto Lathes Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.37 M.

  • Currently 4 directors are associated with Accurate Auto Lathes Pvt Ltd.

    • Harpal Singh Saini
    • Varinder Pal Singh
    • Manpreet Kaur
    • Jagjot Singh Saini
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Auto Lathes Pvt Ltd is Dugri Roadnear Canal Bridge Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Accurate Auto Lathes Pvt Ltd is U34300PB1981PTC004547 and the company number is 004547 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accurate Auto Lathes Pvt Ltd is https://www.accurate-group.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Accurate Auto Lathes Pvt Ltd has risen by 4.31%.

  • As Per 2022 financial reports, 19 employees are currently employed by Accurate Auto Lathes Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Accurate Auto Lathes Pvt Ltd has experienced an upsurge of 0.60%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Accurate Auto Lathes Pvt Ltd amount to ₹ 3.60 M.

  • The most recent Balance Sheet for Accurate Auto Lathes Pvt Ltd was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Process Machinery & Industrial Equipment