The Allied Founders Private Limited

Manufacturer and exporter of cast iron and ductile iron products.

1974 | Belgaum, Karnataka (India) | Active
Last Updated: June 16, 2024

The Allied Founders Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 50 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.73 Cr
  • Satisfied Charges ₹ 3.70 Cr
  • Revenue Growth 55.77%
  • Profit Growth 154.55%
  • Ebitda 121.68%
  • Net Worth 70.76%
  • Total Assets 40.09%

About The Allied Founders

The Allied Founders Private Limited (TAFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 1974 and has a history of 50 years and 11 months. Its registered office is in Belgaum, Karnataka, India.

The Corporate was formerly known as Allied Founders Private Limited. The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 2.70 Cr.

The company currently has active open charges totaling ₹15.73 Cr. The company has closed loans amounting to ₹3.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shamala Malya, Raghavendra Mallya, Ramachandra Mallya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    alliedfoundersindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100KA1974PTC002512

  • Company No.

    002512

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 1974

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at The Allied Founders?

Executive Team (1)

Name Designation Appointment Date Status
Ramachandra Mallya Country flag representing In Managing Director 30-Sep-2004 Current

Board Members (4)

Name Designation Appointment Date Status
Shamala Malya Country flag representing In Director 27-Feb-1974 Current
Raghavendra Mallya Country flag representing In Director 01-Oct-2004 Current
Sheetal Mallya Country flag representing In Director 21-Sep-2009 Current
Sweta Raghavendra Country flag representing In Director 01-Jan-1996 Current

Financial Performance of The Allied Founders.

The Allied Founders Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.77% increase. The company also saw a substantial improvement in profitability, with a 154.55% increase in profit. The company's net worth Soared by an impressive increase of 70.76%.

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
55.77%
Revenue from Operations
58.94%
Total Assets
40.09%
Profit or Loss
154.55%
Net Worth
70.76%
EBITDA
121.68%

What is the Ownership and Shareholding Structure of The Allied Founders?

In 2023, The Allied Founders 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

₹15.73 Cr

Satisfied Charges

₹3.70 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.23 Cr
  • Axis Bank Limited : 6.48 Cr
  • Karnataka State Finance Corporation : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
14 Jul 2023 Hdfc Bank Limited ₹9.00 Cr Open
20 Feb 2023 Hdfc Bank Limited ₹2.32 M Open
24 Jun 2021 Axis Bank Limited ₹7.93 M Open
23 Jul 2013 Axis Bank Limited ₹5.69 Cr Open
14 Oct 1982 Karnataka State Finance Corporation ₹0.20 M Open

How Many Employees Work at The Allied Founders?

The Allied Founders has a workforce of 154 employees as of Mar 21, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Allied Founders, 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 The Allied Founders'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 The Allied Founders

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100752816 was registered on 14 Jul 2023.

    14 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 9.00 Cr registered on 14 Jul 2023 with Charge ID 100752816 was modified on 14 Jul 2023.

    14 Jul 2023

  • Balance Sheet

    The Allied Founders 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 Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100682369 was registered on 20 Feb 2023.

    20 Feb 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.79 Cr with Charge ID 100457428 was registered on 24 Jun 2021.

    24 Jun 2021

Frequently asked questions

  • The Allied Founders Private Limited was incorporated on 27 Feb 1974.

  • The authorized share capital of The Allied Founders Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.70 Cr.

  • Currently 5 directors are associated with The Allied Founders Private Limited.

    • Shamala Ramanad Malya
    • Raghavendra Ramanand Mallya
    • Ramachandra Ramanand Mallya
    • Sheetal Ramachandra Mallya
    • Sweta Mallya Raghavendra
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Allied Founders Private Limited is N-3 Industrial Estateudyambag Belgaum, Karnataka, India, 590008.

  • The corporate identification number (CIN) of The Allied Founders Private Limited is U27100KA1974PTC002512 and the company number is 002512 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The Allied Founders Private Limited is https://www.alliedfoundersindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Allied Founders Private Limited has risen by 55.77%.

  • As Per 2023 financial reports, 154 employees are currently employed by The Allied Founders Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Allied Founders Private Limited has experienced an upsurge of 70.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Allied Founders Private Limited amount to ₹ 15.73 Cr.

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

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