Acetec Automotives Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.48 M
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.00 M
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 32.76%
- Profit Growth 429.68%
- Ebitda 69.01%
- Net Worth 7.40%
- Total Assets 92.18%
About Acetec Automotives
Acetec Automotives Private Limited (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 2010 and has a history of 14 years and eight months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 2.48 M.
The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijayakumar Naganna and Karasavadi Shivakumara serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50401KA2010PTC053562
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Company No.
053562
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 May 2010
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Acetec Automotives Private Limited offer?
Acetec Automotives Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Three Wheelers.
Who are the key members and board of directors at Acetec Automotives?
Board Members (2)
| Name | Designation | Appointment Date | Status |
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Vijayakumar Naganna
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Director | 10-May-2017 | Current |
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Karasavadi Shivakumara
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Whole-Time Director | 22-Nov-2019 | Current |
Financial Performance of Acetec Automotives.
Acetec Automotives Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.76% increase. The company also saw a substantial improvement in profitability, with a 429.68% increase in profit. The company's net worth moved up by a moderate rise of 7.4%.
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What is the Ownership and Shareholding Structure of Acetec Automotives?
In 2021, Acetec Automotives 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)
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Sri Vishnu Consol Private LimitedVijayakumar Naganna is a mutual person
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Usica Teknoservices Private Limited
Vijayakumar Naganna is a mutual person
Charges (Loans)
₹6.00 M
₹30.00 M
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2011 | Kotak Mahindra Bank Limited | ₹6.00 M | Open |
| 15 Jun 2019 | Others | ₹8.00 M | Satisfied |
| 25 Aug 2016 | Tata Capital Financial Services Limited | ₹8.00 M | Satisfied |
| 29 Mar 2012 | Bank Of India | ₹1.40 Cr | Satisfied |
How Many Employees Work at Acetec Automotives?
Acetec Automotives has a workforce of 11 employees as of Apr 01, 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 Acetec Automotives, 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 Acetec Automotives'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.
