Achal Engineering Private Limited

Founded in 1983 and headquartered in Gujarat, India.

1983 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 25, 2024

Achal Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.21 M
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.70 M
  • Revenue Growth 106.03%
  • Profit Growth 91.09%
  • Ebitda 31.95%
  • Net Worth -0.04%
  • Total Assets -0.39%

About Achal Engineering

Achal Engineering Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 April 1983 and has a history of 41 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

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.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • 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

Professional Services

Who are the key members and board of directors at Achal Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Samirbhai Sheth Country flag representing In Director 24-Sep-1984Current
Paulomiben Lalbhai Country flag representing In Director 15-May-1999Current

Financial Performance 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%.

Graph illustrating revenue growth over time
Graph showing 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
106.03%
Revenue from Operations
Total Assets
-0.39%
Profit or Loss
91.09%
Net Worth
-0.04%
EBITDA
31.95%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Kalupur Commercial Co-Operative Bank Ltd : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
05 May 1998The Kalupur Commercial Co-Operative Bank Ltd₹0.20 MOpen
23 Apr 1996The Kalupur Commercial Co-Operative Bank Ltd₹2.50 MOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Achal Engineering

Recent activity within the organization

  • Annual General Meeting

    Achal Engineering Private Limited last Annual general meeting of members was held on 09 Sep 2023 as per latest MCA records.

    09 Sep 2023

  • Balance Sheet

    Achal Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Paulomiben Rajivbhai Lalbhai was appointed as a Director was appointed as a Director on 15 May 1999 & has been associated with this company since 25 years 8 months .

    15 May 1999

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Ltd amounted to Rs. 0.20 M with Charge ID 90109795 was registered on 05 May 1998.

    05 May 1998

  • Charges

    A charge with The Kalupur Commercial Co-Operative Bank Ltd amounted to Rs. 2.50 M with Charge ID 90109422 was registered on 23 Apr 1996.

    23 Apr 1996

  • Director Appointment

    Samirbhai Rameshbhai Sheth was appointed as a Director was appointed as a Director on 24 Sep 1984 & has been associated with this company since 40 years 4 months .

    24 Sep 1984

Frequently asked questions

  • Achal Engineering Private Limited was incorporated on 29 Apr 1983.

  • The authorized share capital of Achal Engineering Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.21 M.

  • Currently 2 directors are associated with Achal Engineering Private Limited.

    • Samirbhai Rameshbhai Sheth
    • Paulomiben Rajivbhai Lalbhai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Achal Engineering Private Limited is 188 G.V.M.M. Indl. Estate Odhav Road Odhav, Ahmedabad, Gujarat, India, 382410.

  • The corporate identification number (CIN) of Achal Engineering Private Limited is U27109GJ1983PTC006143 and the company number is 006143 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Achal Engineering Private Limited has risen by 106.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Achal Engineering Private Limited has experienced an downturn of -0.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Achal Engineering Private Limited amount to ₹ 2.70 M.

  • The most recent Balance Sheet for Achal Engineering Private Limited was filed with the ROC on 31 Mar 2023.