Algrain Products Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.49 Cr
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.48 Cr
- Satisfied Charges ₹ 2.29 M
- Revenue Growth 7.84%
- Profit Growth 5916.98%
- Ebitda 37.60%
- Net Worth 15.82%
- Total Assets 64.83%
About Algrain Products
Algrain Products Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 May 1998 and has a history of 26 years and ten months. Its registered office is in Dharmapuri Dist, Tamil Nadu, 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 1.50 Cr and a paid-up capital of Rs 1.49 Cr.
The company currently has active open charges totaling ₹5.48 Cr. The company has closed loans amounting to ₹2.29 M, as per Ministry of Corporate Affairs (MCA) records.
Sathyanathan Suraj, Shanthi Velusamy, and Sathyanathan serve as directors at the Company.
Company Details
- Location
Dharmapuri Dist, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U01409TZ1998PTC008416
- Company No.
008416
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 May 1998
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Metals and Minerals
What products or services does Algrain Products Private Limited offer?
Algrain Products Private Limited offers a wide range of products and services, including Abrasives & Grains, Abrasive Media, Filters & Filtration Systems, Filters, Blasting Grit, Building & Real Estate Developers, Building Construction, Bonded Abrasives, Chemical Reagents & Catalysts, Metal Oxides.
Who are the key members and board of directors at Algrain Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sathyanathan  | Managing Director | 18-Aug-1998 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sathyanathan Suraj | Director | 27-Mar-2023 | Current |
| Shanthi Velusamy | Director | 12-May-1998 | Current |
Financial Performance of Algrain Products.
Algrain Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.84% increase. The company also saw a substantial improvement in profitability, with a 5916.98% increase in profit. The company's net worth Soared by an impressive increase of 15.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Algrain Products?
In 2023, Algrain Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹5.48 Cr
Satisfied Charges
₹0.23 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 5.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2020 | Canara Bank | ₹1.48 M | Open |
| 08 Sep 2000 | Canara Bank | ₹5.34 Cr | Open |
| 23 May 2008 | Canara Bank | ₹0.95 M | Satisfied |
| 31 Jan 2008 | Centurion Bank Of Punjab | ₹1.34 M | Satisfied |
How Many Employees Work at Algrain Products?
Algrain Products has a workforce of 13 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 Algrain Products, 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 Algrain Products'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.
Latest Updates, News, and FAQs on Algrain Products
Recent activity within the organization
- Annual General Meeting
Algrain Products Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Balance Sheet
Algrain Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Sathyanathan Suraj was appointed as a Director was appointed as a Director on 27 Mar 2023 & has been associated with this company since 2 years 2 days .
- Charges
A charge with Canara Bank of Rs. 5.34 Cr registered on 08 Sep 2000 with Charge ID 90001107 was modified on 07 Sep 2022.
- Charges
A charge with Canara Bank amounted to Rs. 0.15 Cr with Charge ID 100337173 was registered on 29 Jan 2020.
- Charges
A charge registered on 23 May 2008 via Charge ID 10106343 with Canara Bank was fully satisfied on 23 Sep 2014.
Frequently asked questions
What is the Incorporation or founding date of Algrain Products Private Limited?
Algrain Products Private Limited was incorporated on 12 May 1998.
What is authorized share capital and paid-up capital of Algrain Products Private Limited?
The authorized share capital of Algrain Products Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.49 Cr.
Who are the current board members & directors of Algrain Products Private Limited?
Currently 3 directors are associated with Algrain Products Private Limited.
- Sathyanathan Suraj
- Shanthi Velusamy
- Sathyanathan
What is the registered address of Algrain Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Algrain Products Private Limited is 349/3C N H 7Krishnagiri Road Soolagiri, Dharmapuri Dist, Tamil Nadu, India, 635116.
What is the corporate identification number (CIN) and company number of Algrain Products Private Limited?
The corporate identification number (CIN) of Algrain Products Private Limited is U01409TZ1998PTC008416 and the company number is 008416 as per Ministry of Corporate Affairs (MCA).
What is the official website of Algrain Products Private Limited?
The Official website of Algrain Products Private Limited is https://www.algrain.com
What has been the recent revenue trend for Algrain Products Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Algrain Products Private Limited has risen by 7.84%.
How many employees does Algrain Products Private Limited currently have?
As Per 2023 financial reports, 13 employees are currently employed by Algrain Products Private Limited.
What change has been observed in the net worth of Algrain Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Algrain Products Private Limited has experienced an upsurge of 15.82%.
What are the total open charges for Algrain Products Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Algrain Products Private Limited amount to ₹ 5.48 Cr.
When was the last Balance Sheet of Algrain Products Private Limited filed with the ROC?
The most recent Balance Sheet for Algrain Products Private Limited was filed with the ROC on 31 Mar 2023.