Altech Equipments Private Limited

Provides crane and allied equipment for rental purposes.

2007 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Altech Equipments Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.35 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 27.69 Cr
  • Satisfied Charges ₹ 5.11 Cr
  • Revenue Growth -33.09%
  • Profit Growth -32.80%
  • Ebitda -38.71%
  • Net Worth -24.53%
  • Total Assets -15.57%

About Altech Equipments

Altech Equipments Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 December 2007 and has a history of 17 years and two months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 4.35 M.

The company currently has active open charges totaling ₹27.69 Cr. The company has closed loans amounting to ₹5.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suman Mahajan, Iptisha Mahajan, Nikhil Mahajan, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35990DL2007PTC171136

  • Company No.

    171136

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Altech Equipments?

Board Members (4)

NameDesignationAppointment DateStatus
Suman Mahajan Country flag representing In Director 21-Feb-2021Current
Iptisha Mahajan Country flag representing In Director 21-Feb-2021Current
Nikhil Mahajan Country flag representing In Director 08-Feb-2011Current
Anupam Mahajan Country flag representing In Director 06-Dec-2007Current

Financial Performance of Altech Equipments.

Altech Equipments Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.09% decrease. The company also saw a substantial fall in profitability, with a 32.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.53%.

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
-33.09%
Revenue from Operations
-34.84%
Total Assets
-15.57%
Profit or Loss
-32.80%
Net Worth
-24.53%
EBITDA
-38.71%

What is the Ownership and Shareholding Structure of Altech Equipments?

In 2023, Altech Equipments 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

₹27.69 Cr

Satisfied Charges

₹5.11 Cr

Charges Breakdown by Lending Institutions

  • Srei Equipment Finance Private Limited : 9.59 Cr
  • Hdfc Bank Limited : 5.00 Cr
  • Icici Bank Limited : 3.18 Cr
  • Srei Equipment Finance Limited : 3.12 Cr
  • Abn Amro Bank N.V. : 2.70 Cr
  • Others : 4.10 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2023Hdfc Bank Limited₹2.50 CrOpen
21 Aug 2023Hdfc Bank Limited₹2.50 CrOpen
03 Dec 2015Srei Equipment Finance Limited₹1.46 CrOpen
03 Dec 2015Srei Equipment Finance Limited₹1.66 CrOpen
14 Aug 2015Union Bank Of India₹5.00 MOpen

How Many Employees Work at Altech Equipments?

Altech Equipments has a workforce of 12 employees as of Apr 05, 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 Altech Equipments, 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 Altech Equipments'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 Altech Equipments

Recent activity within the organization

  • Annual General Meeting

    Altech Equipments 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. 2.50 Cr with Charge ID 100785031 was registered on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100805369 was registered on 21 Aug 2023.

    21 Aug 2023

  • Balance Sheet

    Altech Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 05 Jul 2018 via Charge ID 100236813 with Others was fully satisfied on 22 Nov 2022.

    22 Nov 2022

  • Director Appointment

    Suman Mahajan was appointed as a Director was appointed as a Director on 21 Feb 2021 & has been associated with this company since 4 years 1 day .

    21 Feb 2021

Frequently asked questions

  • Altech Equipments Private Limited was incorporated on 06 Dec 2007.

  • The authorized share capital of Altech Equipments Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.35 M.

  • Currently 4 directors are associated with Altech Equipments Private Limited.

    • Suman Mahajan
    • Iptisha Arora Mahajan
    • Nikhil Mahajan
    • Anupam Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altech Equipments Private Limited is B-39 First Floor Mayapuri Phase -Ii, New Delhi, India, 110064.

  • The corporate identification number (CIN) of Altech Equipments Private Limited is U35990DL2007PTC171136 and the company number is 171136 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altech Equipments Private Limited has fallen by -33.09%.

  • As Per 2023 financial reports, 12 employees are currently employed by Altech Equipments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altech Equipments Private Limited has experienced an downturn of -24.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Altech Equipments Private Limited amount to ₹ 27.69 Cr.

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

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