Altis Industries Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.60 Cr
- Company Age 15 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 61.92 Cr
- Revenue Growth 29.41%
- Profit Growth 8.19%
- Ebitda 6.59%
- Net Worth 38.78%
- Total Assets 38.85%
About Altis Industries
Altis Industries Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 February 2009 and has a history of 15 years and 11 months. Its registered office is in Pithampur, Madhya Pradesh, India.
The Corporate was formerly known as Altis Weighing Systems Private Limited. The Company is engaged in the Engineering 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 7.00 Cr and a paid-up capital of Rs 6.60 Cr.
The company currently has active open charges totaling ₹61.92 Cr.
Palash Baxi, Koshal Kataria, Vishal Khasgiwala, and Two other members serve as directors at the Company.
Company Details
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Location
Pithampur, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29253MP2009PTC021646
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Company No.
021646
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Feb 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
What products or services does Altis Industries Private Limited offer?
Altis Industries Private Limited offers a wide range of products and services, including Switches & Switch Boxes, Switch Mounting Boxes, Electrical Panels & Distribution Box, Electrical Box, Enclosures & Cabinets, Metal Enclosures, Electric Enclosures, Metal & Metal Made Products, Sheet Metal Box, Industrial & Metal Fabrication.
Who are the key members and board of directors at Altis Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Khasgiwala
|
Managing Director | 20-Feb-2009 | Current |
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Palash Baxi
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Managing Director | 24-Jan-2017 | Current |
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Koshal Kataria
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Managing Director | 24-Jan-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Anil Khasgiwala
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Director | 24-Jan-2017 | Current |
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Manoj Kataria
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Director | 20-Feb-2009 | Current |
Financial Performance of Altis Industries.
Altis Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.41% increase. The company also saw a slight improvement in profitability, with a 8.19% increase in profit. The company's net worth Soared by an impressive increase of 38.78%.
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What is the Ownership and Shareholding Structure of Altis Industries?
In 2023, Altis Industries had a promoter holding of 95.83% and a public holding of 4.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Appalto Electronics Private LimitedManoj Kataria and Anil Khasgiwala are mutual person
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Arom Alchemists Private LimitedPalash Baxi and Anil Khasgiwala are mutual person
Charges (Loans)
₹61.92 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 41.92 Cr
- Hdfc Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2023 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 12 Jul 2022 | Others | ₹12.50 Cr | Open |
| 23 Feb 2022 | Others | ₹1.68 Cr | Open |
| 24 Sep 2020 | Others | ₹1.29 Cr | Open |
| 24 Sep 2020 | Others | ₹4.00 Cr | Open |
How Many Employees Work at Altis Industries?
Altis Industries has a workforce of 166 employees as of Mar 23, 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 Altis Industries, 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 Altis Industries'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.