Adeswar Granites Private Limited

Stone cutting, shaping, and finishing services since 1999 in Bangalore, Karnataka.

1999 | Bangalore, Karnataka (India) | Active
Last Updated: June 15, 2024

Adeswar Granites Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.99 M
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth 65.62%
  • Profit Growth 170.68%
  • Ebitda 40.81%
  • Net Worth 16.75%
  • Total Assets 45.47%

About Adeswar Granites

Adeswar Granites Private Limited (AGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 September 1999 and has a history of 25 years and five months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Metals And Minerals 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 1.00 M and a paid-up capital of Rs 0.99 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹3.50 M, as per Ministry of Corporate Affairs (MCA) records.

Amit Jain, Arvind Jain, and Shubham Bakliwal serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299KA1999PTC025691

  • Company No.

    025691

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Adeswar Granites?

Board Members (3)

Name Designation Appointment Date Status
Amit Jain Country flag representing In Director 07-Sep-2017 Current
Arvind Jain Country flag representing In Director 01-Sep-2001 Current
Shubham Bakliwal Country flag representing In Director 18-Jul-2018 Current

Financial Performance of Adeswar Granites.

Adeswar Granites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.62% increase. The company also saw a substantial improvement in profitability, with a 170.68% increase in profit. The company's net worth Soared by an impressive increase of 16.75%.

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
65.62%
Revenue from Operations
66.45%
Total Assets
45.47%
Profit or Loss
170.68%
Net Worth
16.75%
EBITDA
40.81%

What is the Ownership and Shareholding Structure of Adeswar Granites?

In 2023, Adeswar Granites 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

₹20.00 M

Satisfied Charges

₹3.50 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Aug 2020 Indian Overseas Bank ₹2.50 M Open
20 Jul 2017 Indian Overseas Bank ₹5.50 M Open
08 Jan 2014 Indian Overseas Bank ₹1.20 Cr Open
27 Mar 2007 Karnataka State Financial Corporation ₹1.00 M Satisfied
22 Aug 2002 Karnatka State Finacial Corportion ₹2.50 M Satisfied

How Many Employees Work at Adeswar Granites?

Unlock and access historical data on people associated with Adeswar Granites, 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 Adeswar Granites, 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 Adeswar Granites'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 Adeswar Granites

Recent activity within the organization

  • Annual General Meeting

    Adeswar Granites Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Adeswar Granites Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 2.50 M with Charge ID 100396524 was registered on 17 Aug 2020.

    17 Aug 2020

  • Director Appointment

    Shubham Bakliwal was appointed as a Director was appointed as a Director on 18 Jul 2018 & has been associated with this company since 6 years 6 months .

    18 Jul 2018

  • Director Appointment

    Amit Jain was appointed as a Director was appointed as a Director on 07 Sep 2017 & has been associated with this company since 7 years 5 months .

    07 Sep 2017

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 5.50 M with Charge ID 100119934 was registered on 20 Jul 2017.

    20 Jul 2017

Frequently asked questions

  • Adeswar Granites Private Limited was incorporated on 09 Sep 1999.

  • The authorized share capital of Adeswar Granites Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.99 M.

  • Currently 3 directors are associated with Adeswar Granites Private Limited.

    • Amit Jain
    • Arvind Jain
    • Shubham Bakliwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adeswar Granites Private Limited is Plot No.14 Battibele Industrial Area Anekal Tq, Bangalore, Karnataka, India.

  • The corporate identification number (CIN) of Adeswar Granites Private Limited is U29299KA1999PTC025691 and the company number is 025691 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adeswar Granites Private Limited has risen by 65.62%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adeswar Granites Private Limited has experienced an upsurge of 16.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Adeswar Granites Private Limited amount to ₹ 2.00 Cr.

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

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