Altair Electronics Limited

Manufacturer of voltage stabilizers, transformers, inverters, and UPS for various industries and applications.

2008 | Hyderabad, Telangana (India) | Active
Last Updated: December 26, 2024

Altair Electronics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.28 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2014
  • Open Charges ₹ 55.65 Cr

About Altair Electronics

Altair Electronics Limited (AEL) is a Public Limited Indian Non-Government Company incorporated in India on 27 August 2008 and has a history of 16 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Altair Electronics Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2014. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.28 Cr.

The company currently has active open charges totaling ₹55.65 Cr.

Venkateswara Avasarala, Udaya Nidamarthi, Gottimukkala Reddy, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200TG2008PLC060773

  • Company No.

    060773

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2008

  • Date of AGM

    29 Sep 2014

  • Date of Balance Sheet

    31 Mar 2014

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Energy and Power

Who are the key members and board of directors at Altair Electronics?

Board Members (5)

Name Designation Appointment Date Status
Venkateswara Avasarala Country flag representing In Additional Director 13-May-2016 Current
Udaya Nidamarthi Country flag representing In Director 26-Nov-2013 Current
Gottimukkala Reddy Country flag representing In Additional Director 05-Sep-2015 Current
Venkata Nidumol Country flag representing In Director 19-Dec-2011 Current
Avi Sangal Country flag representing In Director 28-Feb-2015 Current

Financial Performance of Altair Electronics.

Enhance accessibility to Altair Electronics's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

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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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Altair Electronics?

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Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.65 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Andhra Bank : 40.49 Cr
  • Asrec (India) Limited : 15.16 Cr

Latest Charge Details

Date Lender Amount Status
30 Jun 2014 Andhra Bank ₹40.49 Cr Open
21 Jul 2010 Asrec (India) Limited ₹15.16 Cr Open

How Many Employees Work at Altair Electronics?

Altair Electronics has a workforce of 19 employees as of Apr 06, 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.

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Deals i

Graph showing company valuation over time

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Rating

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Altair Electronics

Recent activity within the organization

  • Director Appointment

    Venkateswara Rao Avasarala was appointed as a Additional Director was appointed as a Additional Director on 13 May 2016 & has been associated with this company since 8 years 8 months .

    13 May 2016

  • Charges

    A charge with Asrec (India) Limited of Rs. 15.16 Cr registered on 21 Jul 2010 with Charge ID 10235539 was modified on 29 Sep 2015.

    29 Sep 2015

  • Director Appointment

    Gottimukkala Rami Reddy was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2015 & has been associated with this company since 9 years 4 months .

    05 Sep 2015

  • Director Appointment

    Avi Sangal was appointed as a Director was appointed as a Director on 28 Feb 2015 & has been associated with this company since 9 years 11 months .

    28 Feb 2015

  • Annual General Meeting

    Altair Electronics Limited last Annual general meeting of members was held on 29 Sep 2014 as per latest MCA records.

    29 Sep 2014

  • Charges

    A charge with Andhra Bank amounted to Rs. 40.49 Cr with Charge ID 10550474 was registered on 30 Jun 2014.

    30 Jun 2014

Frequently asked questions

  • Altair Electronics Limited was incorporated on 27 Aug 2008.

  • The authorized share capital of Altair Electronics Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.28 Cr.

  • Currently 5 directors are associated with Altair Electronics Limited.

    • Venkateswara Rao Avasarala
    • Udaya Bhaskar Rao Nidamarthi
    • Gottimukkala Rami Reddy
    • Venkata Ramana Murthy Nidumol
    • Avi Sangal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altair Electronics Limited is Plot No.120/7 Ida, Phase-Ii Cherlapally India, Hyderabad, Telangana, 500051.

  • The corporate identification number (CIN) of Altair Electronics Limited is U31200TG2008PLC060773 and the company number is 060773 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altair Electronics Limited is https://www.altairelectronics.com

  • As Per 0 financial reports, 19 employees are currently employed by Altair Electronics Limited.

  • As per the financial statements for fiscal Year 0, The total open charges for Altair Electronics Limited amount to ₹ 55.65 Cr.

  • The most recent Balance Sheet for Altair Electronics Limited was filed with the ROC on 31 Mar 2014.

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