Algrain Products Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 15-06-2024
- Paid Up Capital ₹ 1.49 Cr
as on 15-06-2024
- Company Age 26 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.48 Cr
as on 15-06-2024
- Satisfied Charges ₹ 2.29 M
as on 15-06-2024
- Revenue 7.84%
(FY 2023)
- Profit 5916.98%
(FY 2023)
- Ebitda 37.60%
(FY 2023)
- Net Worth 15.82%
(FY 2023)
- Total Assets 64.83%
(FY 2023)
About Algrain Products
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.
- 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
Company Details
- Location
Dharmapuri Dist, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 29 Jan 2020 | ₹1.48 M | Open |
Canara Bank Creation Date: 08 Sep 2000 | ₹5.34 Cr | Open |
Canara Bank Creation Date: 23 May 2008 | ₹0.95 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.
