Almet Castings Private Limited

Manufactures light metal casting services for various industries with 3,000 MT capacity.

1973 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Almet Castings Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 51 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.53 Cr
  • Satisfied Charges ₹ 14.10 Cr
  • Revenue Growth -21.13%
  • Profit Growth -91.15%
  • Ebitda -55.69%
  • Net Worth 2.39%
  • Total Assets -17.26%

About Almet Castings

Almet Castings Private Limited (ACPL) was founded in India on 15 December 1973 and has a glorious history of 51 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Deebee Chemicals & Detergents Pvt Ltd. The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹14.53 Cr. The company has closed loans amounting to ₹14.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Paresh Mardia and Kavita Mardia serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27300TN1973PTC006505

  • Company No.

    006505

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 1973

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing
Metals and Minerals

What products or services does Almet Castings Private Limited offer?

Almet Castings Private Limited offers a wide range of products and services, including Environment Protection & Auditing, Environment Protection Services.

Who are the key members and board of directors at Almet Castings?

Board Members (2)

NameDesignationAppointment DateStatus
Paresh Mardia Country flag representing In Whole-Time Director 31-Mar-2003Current
Kavita Mardia Country flag representing In Director 10-Mar-2020Current

Financial Performance of Almet Castings.

Almet Castings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.13% decrease. The company also saw a substantial fall in profitability, with a 91.15% decrease in profit. The company's net worth moved up by a moderate rise of 2.39%.

Almet Castings revenue growth over time
Almet Castings 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
-21.13%
Revenue from Operations
-20.89%
Total Assets
-17.26%
Profit or Loss
-91.15%
Net Worth
2.39%
EBITDA
-55.69%

What is the Ownership and Shareholding Structure of Almet Castings?

In 2023, Almet Castings 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

₹145.34 M

Satisfied Charges

₹141.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.50 Cr
  • State Bank Of India : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2012Axis Bank Limited₹14.50 CrOpen
20 Jun 1988State Bank Of India₹0.34 MOpen
27 Dec 2013Axis Bank Limited₹8.68 CrSatisfied
28 Feb 2004Canara Bank₹3.80 CrSatisfied
26 Feb 2004The Manager Canara Bank₹7.00 MSatisfied

How Many Employees Work at Almet Castings?

Unlock and access historical data on people associated with Almet Castings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Almet Castings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Almet Castings, 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 Almet Castings'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 Almet Castings

Recent activity within the organization

  • Annual General Meeting

    Almet Castings Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 145.00 M registered on 29 Aug 2012 with Charge ID 10377155 was modified on 07 Aug 2023.

  • Balance Sheet

    Almet Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 27 Dec 2013 via Charge ID 10469745 with Axis Bank Limited was fully satisfied on 24 Sep 2020.

  • Director Appointment

    Kavita Mardia was appointed as a Director was appointed as a Director on 10 Mar 2020 & has been associated with this company since 5 years .

  • Charges

    A charge registered on 28 May 1997 via Charge ID 90302024 with The Manager; Uninon Bank was fully satisfied on 12 Apr 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Almet Castings Private Limited?

    Almet Castings Private Limited was incorporated on 15 Dec 1973.

  • What is authorized share capital and paid-up capital of Almet Castings Private Limited?

    The authorized share capital of Almet Castings Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Almet Castings Private Limited?

    Currently 2 directors are associated with Almet Castings Private Limited.

    • Paresh Mardia
    • Kavita Mardia

  • What is the registered address of Almet Castings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Almet Castings Private Limited is 102 Sidco Industrial Estateambattur Chennai, Tamil Nadu, India, 600098.

  • What is the corporate identification number (CIN) and company number of Almet Castings Private Limited?

    The corporate identification number (CIN) of Almet Castings Private Limited is U27300TN1973PTC006505 and the company number is 006505 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Almet Castings Private Limited?

    The Official website of Almet Castings Private Limited is https://www.almetcastings.com

  • What has been the recent revenue trend for Almet Castings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Almet Castings Private Limited has fallen by -21.13%.

  • What change has been observed in the net worth of Almet Castings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Almet Castings Private Limited has experienced an upsurge of 2.39%.

  • What are the total open charges for Almet Castings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Almet Castings Private Limited amount to ₹ 14.53 Cr.

  • When was the last Balance Sheet of Almet Castings Private Limited filed with the ROC?

    The most recent Balance Sheet for Almet Castings Private Limited was filed with the ROC on 31 Mar 2023.

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