Accurate Springs Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.00 Cr
- Revenue Growth 34.91%
- Profit Growth 6.73%
- Ebitda 7.80%
- Net Worth 28.16%
- Total Assets 8.87%
About Accurate Springs
Accurate Springs Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 1996 and has a history of 28 years and ten months. Its registered office is in Chennai, Tamil Nadu, 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹14.00 Cr.
Ramkumar, Ramakrishnan Chidambarathevai, Balasundaram Chidambara, and One other member 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
U27105TN1996PTC034922
- Company No.
034922
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1996
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Accurate Springs Private Limited offer?
Accurate Springs Private Limited offers a wide range of products and services, including Lifting Hooks, Chains & Clamps, Metal Chain, Air Springs & Compression Springs, Compression Springs, Sheet Metal & Turned Components, Machine Parts, Wire Springs, Extension Springs, Suspension Spring, Industrial Springs.
Who are the key members and board of directors at Accurate Springs?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balasundaram Chidambara  | Managing Director | 25-Mar-1996 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramkumar | Director | 07-Mar-2016 | Current |
| Ramakrishnan Chidambarathevai | Director | 25-Mar-1996 | Current |
| Balasundharam Kumar | Director | 28-Jul-2012 | Current |
Financial Performance of Accurate Springs.
Accurate Springs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.91% increase. The company also saw a slight improvement in profitability, with a 6.73% increase in profit. The company's net worth Soared by an impressive increase of 28.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Accurate Springs?
In 2023, Accurate Springs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹14.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 7.69 Cr
- City Union Bank Limited : 4.11 Cr
- City Union Bank Ltd. : 1.43 Cr
- Housing Development Finance Corporation Limited : 0.34 Cr
- Reliance Capital Ltd : 0.30 Cr
- Others : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2024 | City Union Bank Limited | ₹1.84 Cr | Open |
| 10 Apr 2023 | City Union Bank Limited | ₹1.47 Cr | Open |
| 10 Apr 2023 | City Union Bank Limited | ₹8.00 M | Open |
| 10 Jan 2023 | Others | ₹5.20 M | Open |
| 18 Nov 2022 | Others | ₹1.30 M | Open |
How Many Employees Work at Accurate Springs?
Accurate Springs has a workforce of 65 employees as of Mar 30, 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 Springs, 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 Springs'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
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