Altigreen Propulsion Labs Profile
Key Indicators
- Authorised Capital ₹ 2.99 Cr
- Paid Up Capital ₹ 2.12 Cr
- Company Age 12 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.00 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 1065.92%
- Profit Growth -248.96%
- Ebitda -323.79%
- Net Worth -501.37%
- Total Assets -10.76%
About Altigreen Propulsion Labs
Altigreen Propulsion Labs Private Limited (APLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 2013 and has a history of 12 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Automotive 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 2.99 Cr and a paid-up capital of Rs 2.12 Cr.
The company currently has active open charges totaling ₹28.00 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajay Sarupria, Perumal Srinivasan, Amitabh Saran, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900KA2013PTC067796
- Company No.
067796
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Feb 2013
- Date of AGM
11 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
Who are the key members and board of directors at Altigreen Propulsion Labs?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhabrata Ghosh  | Nominee Director | 08-May-2019 | Current |
| Shalendra Gupta | Director | 08-Feb-2013 | Current |
| Ajay Sarupria | Director | 18-Feb-2022 | Current |
| Perumal Srinivasan | Nominee Director | 02-Mar-2022 | Current |
| Amitabh Saran | Director | 08-Feb-2013 | Current |
| Nikhil Vora | Nominee Director | 18-Feb-2022 | Current |
Financial Performance of Altigreen Propulsion Labs.
Altigreen Propulsion Labs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1065.92% increase. The company also saw a substantial fall in profitability, with a 248.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 501.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Altigreen Propulsion Labs?
In 2023, Altigreen Propulsion Labs had a promoter holding of 70.95% and a public holding of 29.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Respo Financial Capital Private LimitedPerumal Srinivasan is a mutual person
Icope Technologies Private LimitedAmitabh Saran is a mutual person
Fstc Flying School Private LimitedPerumal Srinivasan is a mutual person
Wonderchef Home Appliances Private LimitedNikhil Vora is a mutual person
Vahdam Teas Private LimitedNikhil Vora is a mutual person
Bikaji Foods International LimitedNikhil Vora is a mutual person
Charges (Loans)
Open Charges
₹28.00 Cr
Satisfied Charges
₹3.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 16.00 Cr
- Hdfc Bank Limited : 7.00 Cr
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2024 | Others | ₹5.00 Cr | Open |
| 29 May 2023 | State Bank Of India | ₹16.00 Cr | Open |
| 02 May 2023 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 10 Mar 2021 | Others | ₹3.00 Cr | Satisfied |
How Many Employees Work at Altigreen Propulsion Labs?
Altigreen Propulsion Labs has a workforce of 368 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Altigreen Propulsion Labs, 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 Altigreen Propulsion Labs's trajectory.
Rating
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
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 Altigreen Propulsion Labs
Recent activity within the organization
- Charges
A charge with Others of Rs. 5.00 Cr registered on 08 Mar 2024 with Charge ID 100894800 was modified on 13 Sep 2024.
- Annual General Meeting
Altigreen Propulsion Labs Private Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 02 May 2023 with Charge ID 100747281 was modified on 01 Aug 2024.
- Balance Sheet
Altigreen Propulsion Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100894800 was registered on 08 Mar 2024.
- Charges
A charge with State Bank Of India amounted to Rs. 16.00 Cr with Charge ID 100731533 was registered on 29 May 2023.
Recent News, Updates & Announcement
Altigreen To Be The First To Introduce Passenger Electric Three-Wheelers In Semi-Urban Areas.Altigreen will debut in the passenger electric three-wheeler segment next month and is considering entering the commercial electric four-wheeler market in FY25..
- MathWorks & Altigreen Boost E3W Development.
The partnership assisted Altigreen in creating its premier electric three-wheeler, NEEV. By swiftly refining their design and tailoring it for the Indian.
- Altigreen expands to Odisha with its first-ever experience center in Bhubaneswar.
Bhubaneswar: India’s leading commercial electric vehicle maker Altigreen today inaugurated its first ever brand-new retail experience center in Bhubaneswar. For the partnership, Altigreen opted to partner with Jyote - one of the most reliable and exp.
- Altigreen's First Passenger E3W Launch Next Month.
Altogreen onfirmed that the homologation and certification of the new vehicle almost done and same scheduled to launch next month..
Frequently asked questions
What is the Incorporation or founding date of Altigreen Propulsion Labs Private Limited?
Altigreen Propulsion Labs Private Limited was incorporated on 08 Feb 2013.
What is authorized share capital and paid-up capital of Altigreen Propulsion Labs Private Limited?
The authorized share capital of Altigreen Propulsion Labs Private Limited is ₹ 2.99 Cr and paid-up capital is ₹ 2.12 Cr.
Who are the current board members & directors of Altigreen Propulsion Labs Private Limited?
Currently 6 directors are associated with Altigreen Propulsion Labs Private Limited.
- Ajay Dilkush Sarupria
- Perumal Ramamurthy Srinivasan
- Amitabh Saran
- Subhabrata Ghosh
- Nikhil Kishorchandra Vora
- Shalendra Kumar Gupta
What is the registered address of Altigreen Propulsion Labs Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Altigreen Propulsion Labs Private Limited is Survey No 17/3 Euro School Road Ncpr Industrial Layout Doddanakundi Area 2 Seetharamapalya, India, Bangalore North, Karnataka, 560048.
What is the corporate identification number (CIN) and company number of Altigreen Propulsion Labs Private Limited?
The corporate identification number (CIN) of Altigreen Propulsion Labs Private Limited is U74900KA2013PTC067796 and the company number is 067796 as per Ministry of Corporate Affairs (MCA).
What is the official website of Altigreen Propulsion Labs Private Limited?
The Official website of Altigreen Propulsion Labs Private Limited is https://www.altigreen.com
What has been the recent revenue trend for Altigreen Propulsion Labs Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Altigreen Propulsion Labs Private Limited has risen by 1065.92%.
How many employees does Altigreen Propulsion Labs Private Limited currently have?
As Per 2023 financial reports, 368 employees are currently employed by Altigreen Propulsion Labs Private Limited.
What change has been observed in the net worth of Altigreen Propulsion Labs Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Altigreen Propulsion Labs Private Limited has experienced an downturn of -501.37%.
What are the total open charges for Altigreen Propulsion Labs Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Altigreen Propulsion Labs Private Limited amount to ₹ 28.00 Cr.
When was the last Balance Sheet of Altigreen Propulsion Labs Private Limited filed with the ROC?
The most recent Balance Sheet for Altigreen Propulsion Labs Private Limited was filed with the ROC on 31 Mar 2024.
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