Algol Business Systems Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 08-01-2025
- Paid Up Capital ₹ 0.10 M
as on 08-01-2025
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.14 Cr
as on 08-01-2025
- Satisfied Charges ₹ 4.10 Cr
as on 08-01-2025
- Revenue 46.05%
(FY 2022)
- Profit 105.18%
(FY 2022)
- Ebitda 82.92%
(FY 2022)
- Net Worth 8.86%
(FY 2022)
- Total Assets -11.30%
(FY 2022)
About Algol Business Systems
The Company is engaged in the Business Outsourcing 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 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹7.14 Cr. The company has closed loans amounting to ₹4.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sandeep Arora, Sajjan Singh, and Navdeep serve as directors at the Company.
- CIN/LLPIN
U51309HR1996PTC033401
- Company No.
033401
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Faridabad, Haryana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Algol Business Systems?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navdeep  | Director | 01-Sep-2005 | Current |
| Sandeep Arora | Director | 29-Nov-1996 | Current |
| Sajjan Singh | Director | 01-Sep-2005 | Current |
Financial Performance of Algol Business Systems.
Algol Business Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.05% increase. The company also saw a substantial improvement in profitability, with a 105.18% increase in profit. The company's net worth moved up by a moderate rise of 8.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Algol Business Systems?
In 2022, Algol Business Systems 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 27 Aug 2020 | ₹2.75 Cr | Open |
Others Creation Date: 04 Aug 2020 | ₹3.90 M | Open |
The Federal Bank Ltd Creation Date: 03 Feb 2014 | ₹4.00 Cr | Open |
How Many Employees Work at Algol Business Systems?
Algol Business Systems has a workforce of 8 employees as of Apr 04, 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 Algol Business Systems, 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 Algol Business Systems'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.
