Acetec Motors Private Limited

Authorized dealer for Piaggio Ape three-wheeled vehicles, offering variants such as Xtra LD, City, and Xtra DLX.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated:

Acetec Motors Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.65 Cr
  • Company Age 22 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.02 Cr
  • Satisfied Charges ₹ 4.45 Cr
  • Revenue Growth 98.82%
  • Profit Growth 213.70%
  • Ebitda -29.44%
  • Net Worth 53.57%
  • Total Assets 13.89%

About Acetec Motors

Acetec Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 2003 and has a history of 22 years. Its registered office is in Bangaluru, 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 4.00 Cr and a paid-up capital of Rs 3.65 Cr.

The company currently has active open charges totaling ₹17.02 Cr. The company has closed loans amounting to ₹4.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anoushka Kamath, Nancy Kriplani, and Premanand Kamath serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50101KA2003PTC031627

  • Company No.

    031627

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Acetec Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Premanand Kamath Country flag representing In Managing Director24-Feb-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Anoushka Kamath Country flag representing In Director 05-May-2021Current
Nancy Kriplani Country flag representing In Director 15-Oct-2022Current

Financial Performance of Acetec Motors.

Acetec Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.82% increase. The company also saw a substantial improvement in profitability, with a 213.7% increase in profit. The company's net worth Soared by an impressive increase of 53.57%.

Acetec Motors revenue growth over time
Acetec Motors 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
98.82%
Revenue from Operations
99.74%
Total Assets
13.89%
Profit or Loss
213.70%
Net Worth
53.57%
EBITDA
-29.44%

What is the Ownership and Shareholding Structure of Acetec Motors?

In 2023, Acetec Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.02 Cr

Satisfied Charges

₹4.45 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 13.70 Cr
  • Axis Bank Limited : 3.32 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2024Axis Bank Limited₹4.63 MOpen
21 Oct 2023Axis Bank Limited₹2.53 MOpen
14 Jul 2020Tata Capital Financial Services Limited₹1.70 CrOpen
17 May 2016Axis Bank Limited₹2.60 CrOpen
02 Jul 2013Tata Capital Financial Services Limited₹12.00 CrOpen

How Many Employees Work at Acetec Motors?

Acetec Motors has a workforce of 81 employees as of Apr 07, 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.

Employee growth trends for Acetec Motors Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Acetec Motors, 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 Motors'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 Acetec Motors

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.46 Cr with Charge ID 100937601 was registered on 15 Mar 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100891426 was registered on 21 Oct 2023.

  • Annual General Meeting

    Acetec Motors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Acetec Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Nancy Rahul Kriplani was appointed as a Director was appointed as a Director on 15 Oct 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Anoushka Kamath was appointed as a Director was appointed as a Director on 05 May 2021 & has been associated with this company since 3 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Acetec Motors Private Limited?

    Acetec Motors Private Limited was incorporated on 24 Feb 2003.

  • What is authorized share capital and paid-up capital of Acetec Motors Private Limited?

    The authorized share capital of Acetec Motors Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.65 Cr.

  • Who are the current board members & directors of Acetec Motors Private Limited?

    Currently 3 directors are associated with Acetec Motors Private Limited.

    • Anoushka Kamath
    • Nancy Rahul Kriplani
    • Premanand Kamath

  • What is the registered address of Acetec Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Acetec Motors Private Limited is No - 27/1 4Th A Main Road Metro Layout, Nayandana Halli India, Bangalore, Karnataka, 560039.

  • What is the corporate identification number (CIN) and company number of Acetec Motors Private Limited?

    The corporate identification number (CIN) of Acetec Motors Private Limited is U50101KA2003PTC031627 and the company number is 031627 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Acetec Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Acetec Motors Private Limited has risen by 98.82%.

  • How many employees does Acetec Motors Private Limited currently have?

    As Per 2023 financial reports, 81 employees are currently employed by Acetec Motors Private Limited.

  • What change has been observed in the net worth of Acetec Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Acetec Motors Private Limited has experienced an upsurge of 53.57%.

  • What are the total open charges for Acetec Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Acetec Motors Private Limited amount to ₹ 17.02 Cr.

  • When was the last Balance Sheet of Acetec Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Acetec Motors Private Limited was filed with the ROC on 31 Mar 2023.

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