Altop Industries Ltd

Manufacturer and distributor of temperature, pressure, and calibration instruments, offering installation and design services.

1993 | Vadodara, Gujarat (India) | Active
Last Updated:

Altop Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 16.71 Cr
  • Revenue Growth -8.35%
  • Profit Growth 18.18%
  • Ebitda -28.48%
  • Net Worth 5.23%
  • Total Assets -6.66%

About Altop Industries

Altop Industries Ltd (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 1993 and has a history of 32 years and two months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹16.71 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Madhukar Patel, Alka Nagarsheth, Subhash Nagarsheth, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U91110GJ1993PLC018831

  • Company No.

    018831

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Altop Industries Ltd offer?

Altop Industries Ltd offers a wide range of products and services, including Switches & Switch Boxes, Industrial Switches, Resistors & Other Passive Devices, Decade Box, Measurement Gauges & Gauge Fittings, Pressure Gauge, Ring Gauges, Measuring Equipments & Instruments, Calibrating Machine, Electrical & Electronic Test Devices.

Company report

Altop Industries Ltd

Explore comprehensive data for Altop Industries Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Altop Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Madhukar Patel Country flag representing In Director 30-Nov-2019Current
Alka Nagarsheth Country flag representing In Director 10-Mar-2024Current
Subhash Nagarsheth Country flag representing In Whole-Time Director 19-Jan-1993Current
Rajesh Shah Country flag representing In Director 30-Nov-2019Current

Financial Performance of Altop Industries.

Altop Industries Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 8.35% decrease. The company also saw a substantial improvement in profitability, with a 18.18% increase in profit. The company's net worth moved up by a moderate rise of 5.23%.

Altop Industries revenue growth over time
Altop Industries 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
-8.35%
Revenue from Operations
-8.68%
Total Assets
-6.66%
Profit or Loss
18.18%
Net Worth
5.23%
EBITDA
-28.48%

What is the Ownership and Shareholding Structure of Altop Industries?

In 2022, Altop Industries had a promoter holding of 98.75% and a public holding of 1.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹16.71 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 9.82 Cr
  • Bank Of Baroda : 4.79 Cr
  • Others : 2.00 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
12 May 2021Others₹2.00 CrSatisfied
30 Jul 2016Hdfc Bank Limited₹1.00 MSatisfied
23 Mar 2011Bank Of Baroda₹2.40 CrSatisfied
16 Feb 2011Bank Of Baroda₹2.40 CrSatisfied
27 May 2009Dena Bank₹0.18 MSatisfied

How Many Employees Work at Altop Industries?

Altop Industries has a workforce of 51 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.

Employee growth trends for Altop Industries Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altop 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 Altop Industries'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 Altop Industries

Recent activity within the organization

  • Annual General Meeting

    Altop Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Altop Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 30 Jul 2016 via Charge ID 100098636 with Hdfc Bank Limited was fully satisfied on 20 Mar 2024.

  • Director Appointment

    Alka Subhashchandra Nagarsheth was appointed as a Director was appointed as a Director on 10 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge registered on 12 May 2021 via Charge ID 100444373 with Others was fully satisfied on 09 Sep 2022.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100444373 was registered on 12 May 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Altop Industries Ltd?

    Altop Industries Ltd was incorporated on 19 Jan 1993.

  • What is authorized share capital and paid-up capital of Altop Industries Ltd?

    The authorized share capital of Altop Industries Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Altop Industries Ltd?

    Currently 4 directors are associated with Altop Industries Ltd.

    • Madhukar Ratilal Patel
    • Alka Subhashchandra Nagarsheth
    • Subhash Manubhai Nagarsheth
    • Rajesh Kalidas Shah

  • What is the registered address of Altop Industries Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Altop Industries Ltd is 392 G I D C Makarpura, India, Vadodara, Gujarat, 390010.

  • What is the corporate identification number (CIN) and company number of Altop Industries Ltd?

    The corporate identification number (CIN) of Altop Industries Ltd is U91110GJ1993PLC018831 and the company number is 018831 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Altop Industries Ltd?

    The Official website of Altop Industries Ltd is https://www.altopindustries.com

  • What has been the recent revenue trend for Altop Industries Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Altop Industries Ltd has fallen by -8.35%.

  • How many employees does Altop Industries Ltd currently have?

    As Per 2022 financial reports, 51 employees are currently employed by Altop Industries Ltd.

  • What change has been observed in the net worth of Altop Industries Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Altop Industries Ltd has experienced an upsurge of 5.23%.

  • When was the last Balance Sheet of Altop Industries Ltd filed with the ROC?

    The most recent Balance Sheet for Altop Industries Ltd was filed with the ROC on 31 Mar 2024.

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