Accurate Ball Industries P. Ltd.

Produces various types of balls and gears for industrial and recreational use.

1989 | Jaipur., Rajasthan (India) | Active
Last Updated: June 15, 2024

Accurate Ball Industries P. Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 0.61 M
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.48 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth -19.46%
  • Profit Growth -99.99%
  • Ebitda -54.84%
  • Net Worth
  • Total Assets 9.49%

About Accurate Ball Industries P.

Accurate Ball Industries P. Ltd. (ABIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1989 and has a history of 35 years and ten months. Its registered office is in Jaipur., Rajasthan, India.

The Company is engaged in the Machinery And Equipment 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 1.20 M and a paid-up capital of Rs 0.61 M.

The company currently has active open charges totaling ₹4.48 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Maheshwari and Keshav Jakhotia serve as directors at the Company.

Company Details

  • Location

    Jaipur., Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    accurateball.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130RJ1989PTC004894

  • Company No.

    004894

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Machinery and Equipment

What products or services does Accurate Ball Industries P. Ltd. offer?

Accurate Ball Industries P. Ltd. offers a wide range of products and services, including Ball Bearing Assemblies & Components, Metal And Non Metal Balls, Stainless Steel Balls, Ceramic Balls, Decorative Ball, Glass Balls, Shot Blasting Media, Metal Alloys, Titanium Alloys.

Who are the key members and board of directors at Accurate Ball Industries P.?

Board Members (2)

Name Designation Appointment Date Status
Mahendra Maheshwari Country flag representing In Director 31-Mar-1989 Current
Keshav Jakhotia Country flag representing In Director 25-Jul-2018 Current

Financial Performance of Accurate Ball Industries P..

Accurate Ball Industries P. Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 19.46% decrease. The company also saw a substantial fall in profitability, with a 99.99% decrease in profit. The company's net worth witnessed no change by increase of 0%.

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
-19.46%
Revenue from Operations
-19.71%
Total Assets
9.49%
Profit or Loss
-99.99%
Net Worth
EBITDA
-54.84%

What is the Ownership and Shareholding Structure of Accurate Ball Industries P.?

In 2023, Accurate Ball Industries P. had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.75 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • Others : 4.45 Cr
  • Bank Of India : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
01 Oct 2020 Others ₹4.45 Cr Open
31 Jan 1990 Bank Of India ₹0.25 M Open
24 Mar 1999 State Bank Of India ₹2.00 M Satisfied

How Many Employees Work at Accurate Ball Industries P.?

Unlock and access historical data on people associated with Accurate Ball Industries P., such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accurate Ball Industries P., 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 Ball Industries P.'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 Ball Industries P.

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 44.50 M registered on 01 Oct 2020 with Charge ID 100377909 was modified on 26 Oct 2023.

    26 Oct 2023

  • Annual General Meeting

    Accurate Ball Industries P. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Accurate Ball Industries P. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge registered on 24 Mar 1999 via Charge ID 90074911 with State Bank Of India was fully satisfied on 16 Nov 2022.

    16 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 44.50 M with Charge ID 100377909 was registered on 01 Oct 2020.

    01 Oct 2020

  • Director Appointment

    Keshav Jakhotia was appointed as a Director was appointed as a Director on 25 Jul 2018 & has been associated with this company since 6 years 6 months .

    25 Jul 2018

Frequently asked questions

  • Accurate Ball Industries P. Ltd. was incorporated on 31 Mar 1989.

  • The authorized share capital of Accurate Ball Industries P. Ltd. is ₹ 1.20 M and paid-up capital is ₹ 0.61 M.

  • Currently 2 directors are associated with Accurate Ball Industries P. Ltd..

    • Mahendra Kumar Maheshwari
    • Keshav Jakhotia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Ball Industries P. Ltd. is F-530 Road No. 6D.Vishwa Karma Industrial Area Jaipur., Rajasthan, India.

  • The corporate identification number (CIN) of Accurate Ball Industries P. Ltd. is U29130RJ1989PTC004894 and the company number is 004894 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accurate Ball Industries P. Ltd. is https://www.accurateball.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Accurate Ball Industries P. Ltd. has fallen by -19.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Accurate Ball Industries P. Ltd. amount to ₹ 4.48 Cr.

  • The most recent Balance Sheet for Accurate Ball Industries P. Ltd. was filed with the ROC on 31 Mar 2023.

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