Accurate Products Corpn. Profile
Key Indicators
- Authorised Capital ₹ 4.50 M
- Paid Up Capital ₹ 4.00 M
- Company Age 64 Year, 8 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 eight 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
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34103TN1960PTC004195
- Company No.
004195
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jul 1960
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Groz Engineering Tools Private LimitedDhiren Bammi and Anil Bammi are mutual person
Groz Industries LlpDhiren Bammi and Anil Bammi are mutual person
- Groz Manufacturing Services Private Limited
Dhiren Bammi and Anil Bammi are mutual person
Charges (Loans)
Open Charges
₹170.50 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Accurate Products Corpn.
Recent activity within the organization
- Annual General Meeting
Accurate Products Corpn. Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 152.00 M registered on 01 Dec 2014 with Charge ID 10539217 was modified on 26 Jul 2023.
- Balance Sheet
Accurate Products Corpn. Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others of Rs. 18.50 M registered on 05 Feb 2021 with Charge ID 100419415 was modified on 30 Nov 2021.
- Charges
A charge with Others amounted to Rs. 18.50 M with Charge ID 100419415 was registered on 05 Feb 2021.
- Charges
A charge registered on 12 Nov 2007 via Charge ID 10080438 with Indian Overseas Bank was fully satisfied on 16 Jan 2016.
Frequently asked questions
What is the Incorporation or founding date of Accurate Products Corpn. Private Limited?
Accurate Products Corpn. Private Limited was incorporated on 02 Jul 1960.
What is authorized share capital and paid-up capital of Accurate Products Corpn. Private Limited?
The authorized share capital of Accurate Products Corpn. Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.00 M.
Who are the current board members & directors of Accurate Products Corpn. Private Limited?
Currently 2 directors are associated with Accurate Products Corpn. Private Limited.
- Dhiren Bammi
- Anil Kumar Bammi
What is the registered address of Accurate Products Corpn. Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Products Corpn. Private Limited is Plot No. Ac 25A Sidco Industrial Estate Thirumudivakkam, Chennai, Tamil Nadu, India, 600044.
What is the corporate identification number (CIN) and company number of Accurate Products Corpn. Private Limited?
The corporate identification number (CIN) of Accurate Products Corpn. Private Limited is U34103TN1960PTC004195 and the company number is 004195 as per Ministry of Corporate Affairs (MCA).
What is the official website of Accurate Products Corpn. Private Limited?
The Official website of Accurate Products Corpn. Private Limited is https://www.accurateproducts.com
What has been the recent revenue trend for Accurate Products Corpn. Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Accurate Products Corpn. Private Limited has risen by 10.43%.
How many employees does Accurate Products Corpn. Private Limited currently have?
As Per 2023 financial reports, 318 employees are currently employed by Accurate Products Corpn. Private Limited.
What change has been observed in the net worth of Accurate Products Corpn. Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Accurate Products Corpn. Private Limited has experienced an upsurge of 4.16%.
What are the total open charges for Accurate Products Corpn. Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Accurate Products Corpn. Private Limited amount to ₹ 17.05 Cr.
When was the last Balance Sheet of Accurate Products Corpn. Private Limited filed with the ROC?
The most recent Balance Sheet for Accurate Products Corpn. Private Limited was filed with the ROC on 31 Mar 2023.
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