Adex Composites Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.30 M
- Company Age 26 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.32 Cr
- Satisfied Charges ₹ 4.85 M
- Revenue Growth -16.02%
- Profit Growth -26.97%
- Ebitda -15.63%
- Net Worth 13.37%
- Total Assets -21.32%
About Adex Composites
Adex Composites Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 June 1998 and has a history of 26 years and seven months. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Media And Publishing 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 0.50 M and a paid-up capital of Rs 0.30 M.
The company currently has active open charges totaling ₹3.32 Cr. The company has closed loans amounting to ₹4.85 M, as per Ministry of Corporate Affairs (MCA) records.
Sushilkumar More, Ajay More, and Adityavikram More serve as directors at the Company.
Company Details
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Location
Thane, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51900MH1998PTC115548
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Company No.
115548
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Jun 1998
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Adex Composites Private Limited offer?
Adex Composites Private Limited offers a wide range of products and services, including Plastic Film, Polyester Film.
Who are the key members and board of directors at Adex Composites?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sushilkumar More
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Director | 01-Apr-2009 | Current |
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Ajay More
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Director | 02-Aug-2023 | Current |
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Adityavikram More
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Director | 01-May-2008 | Current |
Financial Performance of Adex Composites.
Adex Composites Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.02% decrease. The company also saw a substantial fall in profitability, with a 26.97% decrease in profit. The company's net worth Soared by an impressive increase of 13.37%.
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What is the Ownership and Shareholding Structure of Adex Composites?
In 2023, Adex Composites had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Morex Industries Private LimitedSushilkumar More and Ajay More are mutual person
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More & More Brands Private LimitedSushilkumar More, Ajay More and 1 more are mutual person
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Anirudh Resins Private Limited
Adityavikram More is a mutual person
Charges (Loans)
₹33.24 M
₹4.85 M
Charges Breakdown by Lending Institutions
- Others : 2.50 Cr
- Bank Of Maharashtra : 0.80 Cr
- Bank Of Baroda : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2021 | Others | ₹2.50 Cr | Open |
| 25 Jul 2009 | Bank Of Maharashtra | ₹8.00 M | Open |
| 19 May 2000 | Bank Of Baroda | ₹0.24 M | Open |
| 30 Jul 2009 | Bank Of Maharashtra | ₹4.85 M | Satisfied |
How Many Employees Work at Adex Composites?
Adex Composites has a workforce of 14 employees as of Apr 08, 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 Adex Composites, 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 Adex Composites'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.
