Accurate Transformers Limited

Manufacturer and trader of transformers, offering power and distribution transformers, turnkey projects, and after-sales services.

1988 | East Delhi, Delhi (India) | Under Liquidation
Last Updated: October 04, 2024

Accurate Transformers Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.97 Cr
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 728.78 Cr
  • Revenue Growth -70.23%
  • Profit Growth -3388.93%
  • Ebitda -82.32%
  • Net Worth -31.37%
  • Total Assets 24.08%

About Accurate Transformers

Accurate Transformers Limited (ATL) is Under Liquidation company established on 18 Apr 1988 with its office registered at East Delhi, Delhi, India and has been running since 36 Year, 9 Months with a paid up capital of 2.97 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 04 Oct 2024.

Company Details

  • Location

    East Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1988PLC095092

  • Company No.

    095092

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1988

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Energy and Power

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

Executive Team (1)

Name Designation Appointment Date Status
Vkchhabra Country flag representing In Company Secretary 07-Apr-2016 Current

Board Members (3)

Name Designation Appointment Date Status
Subhash Sharma Country flag representing In Director 03-Sep-2010 Current
Kanta Arya Country flag representing In Additional Director 19-Oct-2015 Current
Mohit Kumar Country flag representing In Additional Director 16-Jan-2018 Current

Financial Performance of Accurate Transformers.

Accurate Transformers Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 70.23% decrease. The company also saw a substantial fall in profitability, with a 3388.93% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.37%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-70.23%
Revenue from Operations
-73.77%
Total Assets
24.08%
Profit or Loss
-3388.93%
Net Worth
-31.37%
EBITDA
-82.32%

What is the Ownership and Shareholding Structure of Accurate Transformers?

In 2017, Accurate Transformers had a promoter holding of 33.07% and a public holding of 66.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹728.78 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra Preet Vihar : 276.87 Cr
  • Bank Of Maharashtra : 214.42 Cr
  • Bank Of Mharashtra : 146.58 Cr
  • Bank Of India : 33.95 Cr
  • Idbi Bank Limited : 20.00 Cr
  • Others : 36.96 Cr

Latest Charge Details

Date Lender Amount Status
08 Jul 2016 Others ₹5.00 Cr Open
19 Nov 2012 Electronica Finance Limited ₹2.40 M Open
07 Apr 2012 Bank Of Maharashtra ₹56.00 Cr Open
01 Dec 2011 Ifci Factors Limited ₹15.00 Cr Open
14 Nov 2011 Small Industries Development Bank Of India ₹7.50 M Open

How Many Employees Work at Accurate Transformers?

Unlock and access historical data on people associated with Accurate Transformers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accurate Transformers, 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 Transformers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Transformers

Recent activity within the organization

  • Director Appointment

    Mohit Kumar was appointed as a Additional Director was appointed as a Additional Director on 16 Jan 2018 & has been associated with this company since 7 years 18 days .

    16 Jan 2018

  • Annual General Meeting

    Accurate Transformers Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Accurate Transformers Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Delhi.

    31 Mar 2017

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100043251 was registered on 08 Jul 2016.

    08 Jul 2016

  • Director Appointment

    Vkchhabra was appointed as a Company Secretary was appointed as a Company Secretary on 07 Apr 2016 & has been associated with this company since 8 years 9 months .

    07 Apr 2016

  • Director Appointment

    Kanta Devi Arya was appointed as a Additional Director was appointed as a Additional Director on 19 Oct 2015 & has been associated with this company since 9 years 3 months .

    19 Oct 2015

Frequently asked questions

  • Accurate Transformers Limited was incorporated on 18 Apr 1988.

  • The authorized share capital of Accurate Transformers Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.97 Cr.

  • Currently 4 directors are associated with Accurate Transformers Limited.

    • Subhash Chandra Sharma
    • Kanta Devi Arya
    • Mohit Kumar
    • VKChhabra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Transformers Limited is 8 Local Shopping Centre, 2Nd Floor Vardhman Sidhant Plaza Savita Vihar, Delhi, India, 110092.

  • The corporate identification number (CIN) of Accurate Transformers Limited is L74899DL1988PLC095092 and the company number is 095092 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Accurate Transformers Limited has fallen by -70.23%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Accurate Transformers Limited has experienced an downturn of -31.37%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Accurate Transformers Limited amount to ₹ 728.78 Cr.

  • The most recent Balance Sheet for Accurate Transformers Limited was filed with the ROC on 31 Mar 2017.

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