Accurate Springs Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.00 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 29 years and one month. Its registered office is in Kanchipuram, 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 2024. 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 ₹16.00 Cr.
Balasundaram Chidambara, Ramakrishnan Chidambarathevai, Balasundharam Kumar, and One other member serve as directors at the Company.
Company Details
- Location
Kanchipuram, 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
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Machinery and Equipment
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.
Accurate Springs Private Limited
Explore comprehensive data for Accurate Springs Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Ramakrishnan Chidambarathevai | Director | 25-Mar-1996 | Current |
| Balasundharam Kumar | Director | 28-Jul-2012 | Current |
| Ramkumar | Director | 07-Mar-2016 | 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
- Ratios
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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)
Open Charges
₹16.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 7.69 Cr
- City Union Bank Limited : 6.11 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 |
|---|---|---|---|
| 03 Jun 2024 | City Union Bank Limited | ₹2.00 Cr | Open |
| 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 |
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
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 Springs
Recent activity within the organization
- Annual General Meeting
Accurate Springs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with City Union Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100928410 was registered on 03 Jun 2024.
- Balance Sheet
Accurate Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with City Union Bank Limited amounted to Rs. 1.84 Cr with Charge ID 100861510 was registered on 12 Feb 2024.
- Charges
A charge with City Union Bank Limited amounted to Rs. 1.47 Cr with Charge ID 100756166 was registered on 10 Apr 2023.
- Charges
A charge with City Union Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100756168 was registered on 10 Apr 2023.
Frequently asked questions
What is the Incorporation or founding date of Accurate Springs Private Limited?
Accurate Springs Private Limited was incorporated on 25 Mar 1996.
What is authorized share capital and paid-up capital of Accurate Springs Private Limited?
The authorized share capital of Accurate Springs Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Accurate Springs Private Limited?
Currently 4 directors are associated with Accurate Springs Private Limited.
- Balasundaram Chidambara
- Ramakrishnan Chidambarathevai
- Balasundharam Karthik Kumar
- Ramkumar
What is the registered address of Accurate Springs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Springs Private Limited is S-12 Sipcot Industrial Park Pillaipakkam Vengadu Village Sriperumpudur Kundrath Ur Road, India, Chennai, Tamil Nadu, 602105.
What is the corporate identification number (CIN) and company number of Accurate Springs Private Limited?
The corporate identification number (CIN) of Accurate Springs Private Limited is U27105TN1996PTC034922 and the company number is 034922 as per Ministry of Corporate Affairs (MCA).
What is the official website of Accurate Springs Private Limited?
The Official website of Accurate Springs Private Limited is https://www.accuratespringspvtltd.com
What has been the recent revenue trend for Accurate Springs Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Accurate Springs Private Limited has risen by 34.91%.
How many employees does Accurate Springs Private Limited currently have?
As Per 2023 financial reports, 65 employees are currently employed by Accurate Springs Private Limited.
What change has been observed in the net worth of Accurate Springs Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Accurate Springs Private Limited has experienced an upsurge of 28.16%.
What are the total open charges for Accurate Springs Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Accurate Springs Private Limited amount to ₹ 16.00 Cr.
When was the last Balance Sheet of Accurate Springs Private Limited filed with the ROC?
The most recent Balance Sheet for Accurate Springs Private Limited was filed with the ROC on 31 Mar 2024.
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