Acetec Motors Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.65 Cr
- Company Age 21 Year, 11 Months
- 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 21 years and 11 months. 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
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Location
Bangaluru, 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
U50101KA2003PTC031627
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Company No.
031627
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Feb 2003
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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
Who are the key members and board of directors at Acetec Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Premanand Kamath
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Managing Director | 24-Feb-2003 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Anoushka Kamath
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Director | 05-May-2021 | Current |
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Nancy Kriplani
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Director | 15-Oct-2022 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Mercuri Biotechnologies Private LimitedAnoushka Kamath is a mutual person
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Grandsons Motors LlpNancy Kriplani is a mutual person
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Trio Holdings Private Limited
Premanand Kamath is a mutual person
Charges (Loans)
₹17.02 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2024 | Axis Bank Limited | ₹4.63 M | Open |
| 21 Oct 2023 | Axis Bank Limited | ₹2.53 M | Open |
| 14 Jul 2020 | Tata Capital Financial Services Limited | ₹1.70 Cr | Open |
| 17 May 2016 | Axis Bank Limited | ₹2.60 Cr | Open |
| 02 Jul 2013 | Tata Capital Financial Services Limited | ₹12.00 Cr | Open |
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.
Deals i
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
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.
