Accurate Rings Private Limited logo

Accurate Rings Private Limited

Manufacturer of precision bearing rings and forgings for automotive industry, established in 2010.
2010 | Hyderabad, Telangana (India) | Active

Last Updated:

June 17, 2024
HomeCompanyAccurate Rings Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Shailaja Velumula In Director 26-Nov-2010Current
Venkateshwar Velumula In Director 26-Nov-2010Current

Financial Performance of Accurate Rings.

Accurate Rings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.08% increase. The company also saw a slight improvement in profitability, with a 9.53% increase in profit. The company's net worth moved up by a moderate rise of 1.83%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.08%
Revenue from Operations
8.08%
Total Assets
-0.77%
Profit or Loss
9.53%
Net Worth
1.83%
EBITDA
-16.87%

Charges (Loans)

Open Charges Satisfied Charges

₹186.00 M

₹114.45 M

LenderAmountStatus

Others

Creation Date: 21 Jul 2023
₹9.61 CrOpen

Others

Creation Date: 06 Feb 2020
₹8.11 CrOpen

Reliance Capital Ltd

Creation Date: 29 Mar 2014
₹2.05 MOpen

How Many Employees Work at Accurate Rings?

Accurate Rings has a workforce of 10 employees as of Mar 23, 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.

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Latest Updates, News, and FAQs on Accurate Rings

Recent activity within the organization

  • Annual General Meeting

    Accurate Rings Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 96.11 M with Charge ID 100765537 was registered on 21 Jul 2023.

    21 Jul 2023

  • Balance Sheet

    Accurate Rings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 81.05 M registered on 06 Feb 2020 with Charge ID 100330574 was modified on 29 Jun 2021.

    29 Jun 2021

  • Charges

    A charge registered on 22 Jan 2015 via Charge ID 10555335 with Others was fully satisfied on 31 Mar 2020.

    31 Mar 2020

  • Charges

    A charge registered on 04 May 2019 via Charge ID 100276829 with Others was fully satisfied on 27 Feb 2020.

    27 Feb 2020

Frequently asked questions

  • Accurate Rings Private Limited was incorporated on 26 Nov 2010.

  • The authorized share capital of Accurate Rings Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.20 M.

  • Currently 2 directors are associated with Accurate Rings Private Limited.

    • Shailaja Velumula
    • Venkateshwar Rao Velumula
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Rings Private Limited is A-22 Road.No.13 Ida Nacharam, Hyderabad, Telangana, India, 500076.

  • The corporate identification number (CIN) of Accurate Rings Private Limited is U29253TG2010PTC071395 and the company number is 071395 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accurate Rings Private Limited is https://www.accuraterings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Accurate Rings Private Limited has risen by 8.08%.

  • As Per 2023 financial reports, 10 employees are currently employed by Accurate Rings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Accurate Rings Private Limited has experienced an upsurge of 1.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Accurate Rings Private Limited amount to ₹ 18.60 Cr.

  • The most recent Balance Sheet for Accurate Rings Private Limited was filed with the ROC on 31 Mar 2023.

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