Altop Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 32 Year, 19 Days
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 16.71 Cr
- Revenue Growth -5.25%
- Profit Growth 4.32%
- Ebitda 57.57%
- Net Worth 4.63%
- Total Assets -8.73%
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. 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
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U91110GJ1993PLC018831
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Company No.
018831
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
19 Jan 1993
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Altop Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhukar Patel
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Director | 30-Nov-2019 | Current |
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Alka Nagarsheth
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Director | 10-Mar-2024 | Current |
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Subhash Nagarsheth
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Whole-Time Director | 19-Jan-1993 | Current |
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Rajesh Shah
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Director | 30-Nov-2019 | Current |
Financial Performance of Altop Industries.
Altop Industries Ltd, for the financial year ended 2021, experienced Minor drop in revenue, with a 5.25% decrease. The company also saw a slight improvement in profitability, with a 4.32% increase in profit. The company's net worth moved up by a moderate rise of 4.63%.
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What is the Ownership and Shareholding Structure of Altop Industries?
In 2021, 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.
Related Corporates (Common Directorship)
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Inno Weigh Equipment Private LimitedMadhukar Patel is a mutual person
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Innovative Instrument Pvt Ltd
Madhukar Patel is a mutual person
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Therm Air Technology Private Limited
Subhash Nagarsheth is a mutual person
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Heatcal Technology Pvt Ltd
Subhash Nagarsheth is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2021 | Others | ₹2.00 Cr | Satisfied |
| 30 Jul 2016 | Hdfc Bank Limited | ₹1.00 M | Satisfied |
| 23 Mar 2011 | Bank Of Baroda | ₹2.40 Cr | Satisfied |
| 16 Feb 2011 | Bank Of Baroda | ₹2.40 Cr | Satisfied |
| 27 May 2009 | Dena Bank | ₹0.18 M | Satisfied |
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.
Deals i
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
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.
