Accurate Products Corpn. Profile
Key Indicators
- Authorised Capital ₹ 4.50 M
- Paid Up Capital ₹ 4.00 M
- Company Age 64 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.05 Cr
- Satisfied Charges ₹ 12.86 Cr
- Revenue Growth 10.43%
- Profit Growth -50.06%
- Ebitda -37.11%
- Net Worth 4.16%
- Total Assets 10.10%
About Accurate Products Corpn.
Accurate Products Corpn. Private Limited (APCPL) was founded in India on 02 July 1960 and has a glorious history of 64 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
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 4.50 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹17.05 Cr. The company has closed loans amounting to ₹12.86 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhiren Bammi and Anil Bammi serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U34103TN1960PTC004195
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Company No.
004195
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Jul 1960
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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 Chennai
Industry
What products or services does Accurate Products Corpn. Private Limited offer?
Accurate Products Corpn. Private Limited offers a wide range of products and services, including Steering Parts & Components, Steering Parts, Tie Rod Ends.
Who are the key members and board of directors at Accurate Products Corpn.?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Bammi
|
Managing Director | 26-Apr-2007 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Dhiren Bammi
|
Director | 26-Apr-2007 | Current |
Financial Performance of Accurate Products Corpn..
Accurate Products Corpn. Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.43% increase. The company also saw a substantial fall in profitability, with a 50.06% decrease in profit. The company's net worth moved up by a moderate rise of 4.16%.
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What is the Ownership and Shareholding Structure of Accurate Products Corpn.?
In 2023, Accurate Products Corpn. had a promoter holding of 100.00%. 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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Groz Engineering Tools Private LimitedDhiren Bammi and Anil Bammi are mutual person
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Groz Industries LlpDhiren Bammi and Anil Bammi are mutual person
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Groz Manufacturing Services Private Limited
Dhiren Bammi and Anil Bammi are mutual person
Charges (Loans)
₹170.50 M
₹128.56 M
Charges Breakdown by Lending Institutions
- Others : 17.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2021 | Others | ₹1.85 Cr | Open |
| 01 Dec 2014 | Others | ₹15.20 Cr | Open |
| 12 Nov 2007 | Indian Overseas Bank | ₹9.66 Cr | Satisfied |
| 16 Jan 1978 | State Bank Of India | ₹3.20 Cr | Satisfied |
How Many Employees Work at Accurate Products Corpn.?
Accurate Products Corpn. has a workforce of 318 employees as of Mar 31, 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 Accurate Products Corpn., 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 Products Corpn.'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.
