Almet Corporation Limited

Provides real estate services for clients.

1960 | Mumbai, Maharashtra (India) | Active
Last Updated: January 10, 2025

Almet Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.88 M
  • Company Age 64 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 180.60 Cr
  • Satisfied Charges ₹ 218.00 Cr
  • Revenue Growth -51.29%
  • Profit Growth 87.03%
  • Ebitda 93.91%
  • Net Worth -4.24%
  • Total Assets -23.26%

About Almet Corporation

Almet Corporation Limited (ACL) was founded in India on 08 July 1960 and has a glorious history of 64 years and seven months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Real Estate And Construction 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 Cr and a paid-up capital of Rs 5.88 M.

The company currently has active open charges totaling ₹180.60 Cr. The company has closed loans amounting to ₹218.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santosh Sundararajan, Muthuswamy Krishnamurthy, and Abhijeet Pimple serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vascon.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29290MH1960PLC059367

  • Company No.

    059367

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1960

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

What products or services does Almet Corporation Limited offer?

Almet Corporation Limited offers a wide range of products and services, including Vitamins & Supplements, Multivitamins.

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

Board Members (3)

NameDesignationAppointment DateStatus
Santosh Sundararajan Country flag representing In Director 14-Dec-2020Current
Abhijeet Pimple Country flag representing In Director 23-Jun-2014Current
Muthuswamy Krishnamurthy Country flag representing In Director 15-Oct-2007Current

Financial Performance of Almet Corporation.

Almet Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 51.29% decrease. The company also saw a substantial improvement in profitability, with a 87.03% increase in profit. The company's net worth dipped by a decrease of 4.24%.

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
-51.29%
Revenue from Operations
Total Assets
-23.26%
Profit or Loss
87.03%
Net Worth
-4.24%
EBITDA
93.91%

What is the Ownership and Shareholding Structure of Almet Corporation?

In 2022, Almet Corporation 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

₹180.60 Cr

Satisfied Charges

₹218.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 180.60 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2020Others₹180.60 CrOpen
15 Nov 2016State Bank Of India₹193.00 CrSatisfied
19 Apr 2012Central Bank Of India₹25.00 CrSatisfied

How Many Employees Work at Almet Corporation?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Almet Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Almet Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 15 Nov 2016 via Charge ID 100064737 with State Bank Of India was fully satisfied on 07 May 2022.

    07 May 2022

  • Charges

    A charge with Others of Rs. 180.60 Cr registered on 28 Oct 2020 with Charge ID 100385454 was modified on 21 Mar 2022.

    21 Mar 2022

  • Director Appointment

    Santosh Pursram Sundararajan was appointed as a Director was appointed as a Director on 14 Dec 2020 & has been associated with this company since 4 years 2 months .

    14 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 180.60 Cr with Charge ID 100385454 was registered on 28 Oct 2020.

    28 Oct 2020

Frequently asked questions

  • Almet Corporation Limited was incorporated on 08 Jul 1960.

  • The authorized share capital of Almet Corporation Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.88 M.

  • Currently 3 directors are associated with Almet Corporation Limited.

    • Santosh Pursram Sundararajan
    • Muthuswamy Krishnamurthy
    • Abhijeet Nandkumar Pimple
  • As per Ministry of Corporate Affairs (Mca), the registered address of Almet Corporation Limited is 15/16 Hazari Baug L.B.S. Marg, Vikhroli (W) India, Mumbai, Maharashtra, 400083.

  • The corporate identification number (CIN) of Almet Corporation Limited is U29290MH1960PLC059367 and the company number is 059367 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Almet Corporation Limited is https://www.vascon.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Almet Corporation Limited has fallen by -51.29%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Almet Corporation Limited has experienced an downturn of -4.24%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Almet Corporation Limited amount to ₹ 180.60 Cr.

  • The most recent Balance Sheet for Almet Corporation Limited was filed with the ROC on 31 Mar 2024.

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