Acecrete Adhesions India Private Limited

Manufacturer of tile grouts, screeds, plasters, and specialty chemicals under the brand 'Acebond'.

2013 | Udupi, Karnataka (India) | Active
Last Updated: December 30, 2024

Acecrete Adhesions India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.01 Cr
  • Satisfied Charges ₹ 10.47 Cr
  • Revenue Growth 39.13%
  • Profit Growth -11.84%
  • Ebitda 16.00%
  • Net Worth 25.15%
  • Total Assets 29.18%

About Acecrete Adhesions India

Acecrete Adhesions India Private Limited (AAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 2013 and has a history of 11 years and five months. Its registered office is in Udupi, Karnataka, India.

The Company is engaged in the Manufacturing 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 ₹12.01 Cr. The company has closed loans amounting to ₹10.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santhosh Hegde, Praveera Shetty, Radhika Shetty, and Three other members serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acebond.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200KA2013PTC070935

  • Company No.

    070935

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Acecrete Adhesions India Private Limited offer?

Acecrete Adhesions India Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Silicone Sealant, Cement and Concrete, Mortar, Plaster, Gypsum Plaster, Tile Adhesives, Rust & Corrosion Protection Products, Rust Preventives, Diagnostic Medical Imaging Equipment.

Who are the key members and board of directors at Acecrete Adhesions India?

Board Members (6)

Name Designation Appointment Date Status
Santhosh Hegde Country flag representing In Director 10-Sep-2013 Current
Praveera Shetty Country flag representing In Director 22-Sep-2018 Current
Radhika Shetty Country flag representing In Director 13-Jul-2020 Current
Jayanthi Shetty Country flag representing In Director 24-Aug-2020 Current
Sandeep Shetty Country flag representing In Director 31-Aug-2020 Current
Shwetha Rao Country flag representing In Director 09-Dec-2022 Current

Financial Performance of Acecrete Adhesions India.

Acecrete Adhesions India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.13% increase. The company also saw a substantial fall in profitability, with a 11.84% decrease in profit. The company's net worth Soared by an impressive increase of 25.15%.

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
39.13%
Revenue from Operations
39.13%
Total Assets
29.18%
Profit or Loss
-11.84%
Net Worth
25.15%
EBITDA
16.00%

What is the Ownership and Shareholding Structure of Acecrete Adhesions India?

In 2023, Acecrete Adhesions India had a promoter holding of 66.67% and a public holding of 33.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.01 Cr

Satisfied Charges

₹10.47 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.50 Cr
  • Axis Bank Limited : 1.35 Cr
  • Karnataka Bank Ltd. : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2024 Others ₹5.00 Cr Open
27 Sep 2024 Others ₹1.00 Cr Open
27 Sep 2024 Others ₹4.50 Cr Open
12 Jun 2024 Axis Bank Limited ₹3.50 M Open
30 Apr 2024 Axis Bank Limited ₹1.00 Cr Open

How Many Employees Work at Acecrete Adhesions India?

Acecrete Adhesions India has a workforce of 130 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Acecrete Adhesions 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 Acecrete Adhesions India'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 Acecrete Adhesions India

Recent activity within the organization

  • Charges

    A charge registered on 12 Aug 2021 via Charge ID 100475690 with Karnataka Bank Ltd. was fully satisfied on 07 Oct 2024.

    07 Oct 2024

  • Charges

    A charge registered on 27 Mar 2017 via Charge ID 100087885 with Karnataka Bank Ltd. was fully satisfied on 07 Oct 2024.

    07 Oct 2024

  • Annual General Meeting

    Acecrete Adhesions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100987897 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100987900 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100987908 was registered on 27 Sep 2024.

    27 Sep 2024

Frequently asked questions

  • Acecrete Adhesions India Private Limited was incorporated on 10 Sep 2013.

  • The authorized share capital of Acecrete Adhesions India Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 6 directors are associated with Acecrete Adhesions India Private Limited.

    • Santhosh Hegde
    • Praveera Shetty
    • Radhika Shetty
    • Jayanthi Shetty
    • Sandeep Kumar Shetty
    • Shwetha Sadashiva Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Acecrete Adhesions India Private Limited is Door No.1-27/B Kalalvara - Gurukula Road, Vakwadi Post India, Kundapura Taluk, Karnataka, 576257.

  • The corporate identification number (CIN) of Acecrete Adhesions India Private Limited is U45200KA2013PTC070935 and the company number is 070935 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Acecrete Adhesions India Private Limited is https://www.acebond.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Acecrete Adhesions India Private Limited has risen by 39.13%.

  • As Per 2022 financial reports, 130 employees are currently employed by Acecrete Adhesions India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Acecrete Adhesions India Private Limited has experienced an upsurge of 25.15%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Acecrete Adhesions India Private Limited amount to ₹ 12.01 Cr.

  • The most recent Balance Sheet for Acecrete Adhesions India Private Limited was filed with the ROC on 31 Mar 2024.

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