Accurate Steel Forgings (India) Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 33 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 53.06 Cr
- Satisfied Charges ₹ 26.09 Cr
- Revenue Growth -1.76%
- Profit Growth -33.35%
- Ebitda -25.89%
- Net Worth 18.85%
- Total Assets 17.86%
About Accurate Steel Forgings (India)
Accurate Steel Forgings (India) Limited (ASFIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 January 1992 and has a history of 33 years and one month. Its registered office is in Chengai Mgr Dt, Tamil Nadu.
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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.
The company currently has active open charges totaling ₹53.06 Cr. The company has closed loans amounting to ₹26.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinothkumar Usha, Vinothkumar, and Kalyanasundaram serve as directors at the Company.
Company Details
- Location Chengai Mgr Dt, Tamil Nadu
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U28910TN1992PLC021959
-
Company No.
021959
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
06 Jan 1992
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chennai
Industry
What products or services does Accurate Steel Forgings (India) Limited offer?
Accurate Steel Forgings (India) Limited offers a wide range of products and services, including Steering Parts & Components, Steering Parts, Industrial Valves & Valve Fittings, Valve Accessories, Drivetrain Components.
Who are the key members and board of directors at Accurate Steel Forgings (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinothkumar
|
Managing Director | 06-Apr-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vinothkumar Usha
|
Director | 01-Oct-1999 | Current |
|
Kalyanasundaram
|
Whole-Time Director | 06-Jan-1992 | Current |
Financial Performance of Accurate Steel Forgings (India).
Accurate Steel Forgings (India) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.76% decrease. The company also saw a substantial fall in profitability, with a 33.35% decrease in profit. The company's net worth Soared by an impressive increase of 18.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Accurate Steel Forgings (India)?
In 2023, Accurate Steel Forgings (India) 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)
-
Association Of Indian Forging IndustryVinothkumar is a mutual person
-
Merind Die Cast Private LimitedVinothkumar is a mutual person
-
Merind Automotive Private Limited
Vinothkumar is a mutual person
Charges (Loans)
₹53.06 Cr
₹26.09 Cr
Charges Breakdown by Lending Institutions
- Sidbi : 41.06 Cr
- Others : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2024 | Sidbi | ₹2.33 Cr | Open |
| 09 Oct 2023 | Sidbi | ₹3.00 Cr | Open |
| 15 Sep 2023 | Sidbi | ₹7.50 Cr | Open |
| 03 Oct 2022 | Sidbi | ₹11.25 Cr | Open |
| 02 Mar 2022 | Sidbi | ₹3.40 Cr | Open |
How Many Employees Work at Accurate Steel Forgings (India)?
Accurate Steel Forgings (India) has a workforce of 245 employees as of Nov 06, 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 Steel Forgings (India), 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 Steel Forgings (India)'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.