Altair Power Private Limited

Manufactures electric power cables for power transmission industry, located in Delhi.

2013 | Delhi (India) | Active
Last Updated:

Altair Power Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.47 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.68 Cr
  • Revenue Growth -31.15%
  • Profit Growth -41.86%
  • Ebitda 12.19%
  • Net Worth 4.85%
  • Total Assets -10.41%

About Altair Power

Altair Power Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2013 and has a history of 12 years and two months. Its registered office is in Delhi, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.47 Cr.

The company currently has active open charges totaling ₹14.68 Cr.

Sandeep Jain and Bhavesh Jain serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300DL2013PTC248160

  • Company No.

    248160

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing
Company report

Altair Power Private Limited

Explore comprehensive data for Altair Power Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Sandeep Jain Country flag representing In Director 11-Feb-2013Current
Bhavesh Jain Country flag representing In Director 11-Feb-2013Current

Financial Performance of Altair Power.

Altair Power Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.15% decrease. The company also saw a substantial fall in profitability, with a 41.86% decrease in profit. The company's net worth moved up by a moderate rise of 4.85%.

Altair Power revenue growth over time
Altair Power 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
-31.15%
Revenue from Operations
-31.17%
Total Assets
-10.41%
Profit or Loss
-41.86%
Net Worth
4.85%
EBITDA
12.19%

What is the Ownership and Shareholding Structure of Altair Power?

In 2023, Altair Power 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

₹14.68 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 14.68 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2013State Bank Of India₹14.68 CrOpen

How Many Employees Work at Altair Power?

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

Employee growth trends for Altair Power Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altair Power, 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 Altair Power'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 Altair Power

Recent activity within the organization

  • Annual General Meeting

    Altair Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Altair Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with State Bank Of India of Rs. 14.68 Cr registered on 01 Oct 2013 with Charge ID 10453451 was modified on 30 Dec 2023.

  • Charges

    A charge with State Bank Of India amounted to Rs. 14.68 Cr with Charge ID 10453451 was registered on 01 Oct 2013.

  • Director Appointment

    Sandeep Jain was appointed as a Director was appointed as a Director on 11 Feb 2013 & has been associated with this company since 12 years 2 months .

  • Director Appointment

    Bhavesh Jain was appointed as a Director was appointed as a Director on 11 Feb 2013 & has been associated with this company since 12 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Altair Power Private Limited?

    Altair Power Private Limited was incorporated on 11 Feb 2013.

  • What is authorized share capital and paid-up capital of Altair Power Private Limited?

    The authorized share capital of Altair Power Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.47 Cr.

  • Who are the current board members & directors of Altair Power Private Limited?

    Currently 2 directors are associated with Altair Power Private Limited.

    • Sandeep Jain
    • Bhavesh Jain
  • What is the registered address of Altair Power Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Altair Power Private Limited is 71, Rajasthani Udyog Nagar Gtk Road India, Delhi, 110033.

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

    The corporate identification number (CIN) of Altair Power Private Limited is U31300DL2013PTC248160 and the company number is 248160 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Altair Power Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Altair Power Private Limited has fallen by -31.15%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Altair Power Private Limited has experienced an upsurge of 4.85%.

  • What are the total open charges for Altair Power Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Altair Power Private Limited amount to ₹ 14.68 Cr.

  • When was the last Balance Sheet of Altair Power Private Limited filed with the ROC?

    The most recent Balance Sheet for Altair Power Private Limited was filed with the ROC on 31 Mar 2024.

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