Achal Engineering Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
as on 25-07-2024
- Paid Up Capital ₹ 1.21 M
as on 25-07-2024
- Company Age 41 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.70 M
as on 25-07-2024
- Revenue 106.03%
(FY 2023)
- Profit 91.09%
(FY 2023)
- Ebitda 31.95%
(FY 2023)
- Net Worth -0.04%
(FY 2023)
- Total Assets -0.39%
(FY 2023)
About Achal Engineering
The Company is engaged in the Professional Services 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 1.50 M and a paid-up capital of Rs 1.21 M.
The company currently has active open charges totaling ₹2.70 M.
Samirbhai Sheth and Paulomiben Lalbhai serve as directors at the Company.
- CIN/LLPIN
U27109GJ1983PTC006143
- Company No.
006143
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Apr 1983
- Date of AGM
09 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Achal Engineering?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samirbhai Sheth  | Director | 24-Sep-1984 | Current |
| Paulomiben Lalbhai | Director | 15-May-1999 | Current |
Financial Performance and Corporate Structure Insights of Achal Engineering.
Achal Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 106.03% increase. The company also saw a substantial improvement in profitability, with a 91.09% increase in profit. The company's net worth dipped by a decrease of 0.04%.
- 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 Achal Engineering?
In 2023, Achal Engineering 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)
- Reliance Brands Luxury Fashion Private LimitedActive 17 years 3 months
Samirbhai Sheth is a mutual person
Reliance Lifestyle Products Private LimitedActive 11 years 3 monthsSamirbhai Sheth is a mutual person
Lalbhai Composite Solutions Private LimitedActive 39 years 8 monthsPaulomiben Lalbhai is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Kalupur Commercial Co-Operative Bank Ltd Creation Date: 05 May 1998 | ₹0.20 M | Open |
The Kalupur Commercial Co-Operative Bank Ltd Creation Date: 23 Apr 1996 | ₹2.50 M | Open |
How Many Employees Work at Achal Engineering?
Unlock and access historical data on people associated with Achal Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Achal Engineering, 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 Achal Engineering'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.
