Acetech Heavy Fab Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.90 Cr
- Company Age 12 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.68 Cr
- Satisfied Charges ₹ 21.31 Cr
- Revenue Growth -0.93%
- Profit Growth 182.74%
- Ebitda 6.65%
- Net Worth 1.18%
- Total Assets 2.61%
About Acetech Heavy Fab
Acetech Heavy Fab Private Limited (AHFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 April 2012 and has a history of 12 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Engineering 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 7.00 Cr and a paid-up capital of Rs 6.90 Cr.
The company currently has active open charges totaling ₹23.68 Cr. The company has closed loans amounting to ₹21.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
Damodaran Srinivasan, Latha Siddharthan, and Arun Dhamodhar serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, 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
U28990TN2012PTC110662
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Company No.
110662
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Apr 2012
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Date of AGM
28 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 Chennai
Industry
Who are the key members and board of directors at Acetech Heavy Fab?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Damodaran Srinivasan
|
Managing Director | 18-Apr-2012 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Latha Siddharthan
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Additional Director | 02-Jan-2024 | Current |
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Arun Dhamodhar
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Additional Director | 06-Jan-2024 | Current |
Financial Performance of Acetech Heavy Fab.
Acetech Heavy Fab Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.93% decrease. The company also saw a substantial improvement in profitability, with a 182.74% increase in profit. The company's net worth moved up by a moderate rise of 1.18%.
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What is the Ownership and Shareholding Structure of Acetech Heavy Fab?
In 2023, Acetech Heavy Fab 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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Westart Communications India Private LimitedDamodaran Srinivasan and Arun Dhamodhar are mutual person
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Sun Note Books Private LimitedLatha Siddharthan is a mutual person
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Cosmopolitan ClubDamodaran Srinivasan is a mutual person
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Fabrique Laundromat Services Private LimitedDamodaran Srinivasan and Latha Siddharthan are mutual person
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Seermigu Smart North Chennai Private LimitedDamodaran Srinivasan and Arun Dhamodhar are mutual person
Charges (Loans)
₹23.68 Cr
₹21.31 Cr
Charges Breakdown by Lending Institutions
- Others : 23.64 Cr
- Hdfc Bank Limited : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Dec 2023 | Hdfc Bank Limited | ₹0.41 M | Open |
| 22 Jan 2020 | Others | ₹23.64 Cr | Open |
| 23 Dec 2013 | Canara Bank | ₹21.31 Cr | Satisfied |
How Many Employees Work at Acetech Heavy Fab?
Acetech Heavy Fab has a workforce of 241 employees as of Apr 02, 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 Acetech Heavy Fab, 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 Acetech Heavy Fab'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.
