Acetech Heavy Fab Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 05-07-2024
- Paid Up Capital ₹ 6.90 Cr
as on 05-07-2024
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.68 Cr
as on 05-07-2024
- Satisfied Charges ₹ 21.31 Cr
as on 05-07-2024
- Revenue -0.93%
(FY 2023)
- Profit 182.74%
(FY 2023)
- Ebitda 6.65%
(FY 2023)
- Net Worth 1.18%
(FY 2023)
- Total Assets 2.61%
(FY 2023)
About Acetech Heavy Fab
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.
- CIN/LLPIN
U28990TN2012PTC110662
- Company No.
110662
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Apr 2012
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
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 | Additional Director | 02-Jan-2024 | Current |
| Arun Dhamodhar | Additional Director | 06-Jan-2024 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Westart Communications India Private LimitedActive 9 years 9 monthsDamodaran Srinivasan and Arun Dhamodhar are mutual person
The Acetech Machinery Components India Private LimitedActive 18 years 6 monthsDamodaran Srinivasan, Latha Siddharthan and 1 more are mutual person
Fabrique Laundromat Services Private LimitedActive 9 years 11 monthsDamodaran Srinivasan and Latha Siddharthan are mutual person
Seermigu Smart North Chennai Private LimitedActive 4 years 13 daysDamodaran Srinivasan and Arun Dhamodhar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 15 Dec 2023 | ₹0.41 M | Open |
Others Creation Date: 22 Jan 2020 | ₹23.64 Cr | Open |
Canara Bank Creation Date: 23 Dec 2013 | ₹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.
