Ambition Mica Limited

Manufacturer of decorative laminates and door skins, distributed in various locations and accredited by ISO 9001.

2010 | Ahmedabad, Gujarat (India) | Under Insolvency
Last Updated: January 15, 2025

Ambition Mica Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 14.92 Cr
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 27.01 Cr
  • Satisfied Charges ₹ 46.88 Cr
  • Revenue Growth -33.36%
  • Profit Growth -607.08%
  • Ebitda -1711.83%
  • Net Worth -145.72%
  • Total Assets -57.20%

About Ambition Mica

Ambition Mica Limited (AML) is Under Cirp company established on 19 Mar 2010 with its office registered at Ahmedabad, Gujarat, India and has been running since 14 Year, 10 Months with a paid up capital of 14.92 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25202GJ2010PLC059931

  • Company No.

    059931

  • Stock Symbol

    BSE : 539223

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2010

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Ambition Mica?

Executive Team (2)

Name Designation Appointment Date Status
Bhaveshkumar Patel Country flag representing In CFO 26-Mar-2015 Current
Govindbhai Patel Country flag representing In Managing Director 19-Mar-2010 Current

Board Members (3)

Name Designation Appointment Date Status
Vinod Patel Country flag representing In Director 27-Mar-2015 Current
Pareshaben Patel Country flag representing In Director 31-Jul-2020 Current
Pareshkumar Patel Country flag representing In Director 27-Mar-2015 Current

Financial Performance of Ambition Mica.

Ambition Mica Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.36% decrease. The company also saw a substantial fall in profitability, with a 607.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 145.72%.

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
-33.36%
Revenue from Operations
-37.89%
Total Assets
-57.20%
Profit or Loss
-607.08%
Net Worth
-145.72%
EBITDA
-1711.83%

What is the Ownership and Shareholding Structure of Ambition Mica?

In 2021, Ambition Mica had a promoter holding of 58.30% and a public holding of 41.70%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.01 Cr

Satisfied Charges

₹46.88 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 24.93 Cr
  • Hdfc Bank Limited : 1.54 Cr
  • Others : 0.54 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2018 Axis Bank Limited ₹24.93 Cr Open
18 Jan 2018 Others ₹5.44 M Open
07 Mar 2017 Hdfc Bank Limited ₹1.54 Cr Open
15 Jun 2017 Hdfc Bank Limited ₹15.00 Cr Satisfied
15 Jul 2014 The Ahmedabad Mercentile Co-Operative Bank Limited ₹15.37 Cr Satisfied

How Many Employees Work at Ambition Mica?

Ambition Mica has a workforce of 3 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 Ambition Mica, 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 Ambition Mica'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 Ambition Mica

Recent activity within the organization

  • Annual General Meeting

    Ambition Mica Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Ambition Mica Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 24.93 Cr registered on 30 Mar 2018 with Charge ID 100173345 was modified on 13 Jan 2022.

    13 Jan 2022

  • Director Appointment

    Pareshaben Govindkumar Patel was appointed as a Director was appointed as a Director on 31 Jul 2020 & has been associated with this company since 4 years 6 months .

    31 Jul 2020

  • Charges

    A charge registered on 15 Jun 2017 via Charge ID 100118302 with Hdfc Bank Limited was fully satisfied on 26 Apr 2018.

    26 Apr 2018

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 24.93 Cr with Charge ID 100173345 was registered on 30 Mar 2018.

    30 Mar 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Ambition Mica Limited was incorporated on 19 Mar 2010.

  • The authorized share capital of Ambition Mica Limited is ₹ 16.00 Cr and paid-up capital is ₹ 14.92 Cr.

  • Currently 5 directors are associated with Ambition Mica Limited.

    • Bhaveshkumar Jayantilal Patel
    • Pareshaben Govindkumar Patel
    • Vinod Bhagvandas Patel
    • Pareshkumar Babubhai Patel
    • Govindbhai Veljibhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ambition Mica Limited is Anand Timber Mart Compound Bh. Karnavati Hospital Opp. Saijpur Tower Bogha, India, Ahmedabad, Gujarat, 382345.

  • The corporate identification number (CIN) of Ambition Mica Limited is L25202GJ2010PLC059931 and the company number is 059931 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ambition Mica Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ambition Mica Limited is https://www.ambitionmica.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ambition Mica Limited has fallen by -33.36%.

  • As Per 2022 financial reports, 3 employees are currently employed by Ambition Mica Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ambition Mica Limited has experienced an downturn of -145.72%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ambition Mica Limited amount to ₹ 27.01 Cr.

  • The most recent Balance Sheet for Ambition Mica Limited was filed with the ROC on 31 Mar 2022.

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