Acore Industries Private Limited

Mineral beneficiation company with registered office in Bangalore, Karnataka.

2015 | Bellary, Karnataka (India) | Active
Last Updated:

Acore Industries Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 23.97 Cr
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.26 Cr
  • Satisfied Charges ₹ 31.80 Cr
  • Revenue Growth -6.97%
  • Profit Growth -15.13%
  • Ebitda 6.98%
  • Net Worth 18.63%
  • Total Assets 52.62%

About Acore Industries

Acore Industries Private Limited (AIPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 2015 (Nine years and four months 4 days old ). Its registered office is in Bellary, Karnataka, India.

The Company is engaged in the Mining Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 23.97 Cr.

The company currently has active open charges totaling ₹43.26 Cr. The company has closed loans amounting to ₹31.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Acore Industries Private Limited India is Vasuki Hegde as COMPANY SECRETARY. Shaila Melligeri, Umamaheswara Udyal, and Nirmala Melligeri serve as directors at the Company.

Company Details

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acoreindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U13209KA2015PTC083771

  • Company No.

    083771

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Mining

Who are the key members and board of directors at Acore Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Vasuki Hegde Country flag representing In Company Secretary11-Sep-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Shaila Melligeri Country flag representing In Director 29-Oct-2015Current
Umamaheswara Udyal Country flag representing In Whole-Time Director 01-May-2023Current
Nirmala Melligeri Country flag representing In Director 18-Nov-2015Current

Financial Performance of Acore Industries.

Acore Industries Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 6.97% decrease. The company also saw a substantial fall in profitability, with a 15.13% decrease in profit. The company's net worth Soared by an impressive increase of 18.63%.

Acore Industries revenue growth over time
Acore Industries 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
-6.97%
Revenue from Operations
-6.87%
Total Assets
52.62%
Profit or Loss
-15.13%
Net Worth
18.63%
EBITDA
6.98%

What is the Ownership and Shareholding Structure of Acore Industries?

In 2021, Acore Industries 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

₹43.26 Cr

Satisfied Charges

₹31.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 33.40 Cr
  • Hdfc Bank Limited : 8.86 Cr
  • Karnataka Bank Ltd. : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2024Hdfc Bank Limited₹2.28 CrOpen
29 Feb 2024Hdfc Bank Limited₹7.75 MOpen
25 Sep 2023Hdfc Bank Limited₹4.81 MOpen
22 Sep 2023Axis Bank Limited₹33.40 CrOpen
29 Aug 2023Hdfc Bank Limited₹7.80 MOpen

How Many Employees Work at Acore Industries?

Unlock and access historical data on people associated with Acore Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Acore Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Acore Industries, 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 Acore Industries'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 Acore Industries

Recent activity within the organization

  • Annual General Meeting

    Acore Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 33.40 Cr registered on 22 Sep 2023 with Charge ID 100796738 was modified on 31 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.28 Cr with Charge ID 100917224 was registered on 16 Apr 2024.

  • Balance Sheet

    Acore Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.78 Cr with Charge ID 100893770 was registered on 29 Feb 2024.

  • Charges

    A charge registered on 08 Feb 2016 via Charge ID 100044507 with Canara Bank was fully satisfied on 19 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Acore Industries Private Limited?

    Acore Industries Private Limited was incorporated on 29 Oct 2015.

  • What is authorized share capital and paid-up capital of Acore Industries Private Limited?

    The authorized share capital of Acore Industries Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 23.97 Cr.

  • Who are the current board members & directors of Acore Industries Private Limited?

    Currently 4 directors are associated with Acore Industries Private Limited.

    • Shaila Venkatesh Melligeri
    • Umamaheswara Reddy Udyal
    • Nirmala Jagadish Melligeri
    • Vasuki Ramakant Hegde

  • What is the registered address of Acore Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Acore Industries Private Limited is Hulikunte Village, Kumarswamy Temple Road India, Sandur, Karnataka, 583119.

  • What is the corporate identification number (CIN) and company number of Acore Industries Private Limited?

    The corporate identification number (CIN) of Acore Industries Private Limited is U13209KA2015PTC083771 and the company number is 083771 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Acore Industries Private Limited?

    The Official website of Acore Industries Private Limited is https://www.acoreindustries.com

  • What has been the recent revenue trend for Acore Industries Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Acore Industries Private Limited has fallen by -6.97%.

  • What change has been observed in the net worth of Acore Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Acore Industries Private Limited has experienced an upsurge of 18.63%.

  • What are the total open charges for Acore Industries Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Acore Industries Private Limited amount to ₹ 43.26 Cr.

  • When was the last Balance Sheet of Acore Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Acore Industries Private Limited was filed with the ROC on 31 Mar 2024.

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