Amco Batteries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 3.30 Cr
- Company Age 69 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 77.36 Cr
- Revenue Growth -94.19%
- Profit Growth 115.64%
- Ebitda -149.43%
- Net Worth 3.37%
- Total Assets -49.26%
About Amco Batteries
Amco Batteries Limited (ABL) was founded in India on 19 May 1955 and has a glorious history of 69 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Amco Batteries Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 3.30 Cr.
The company has closed loans amounting to ₹77.36 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Amco Batteries Limited India is Bommalapalayam Balachandran as COMPANY SECRETARY. Mahadevan, Sampath Pillapakkam, Krishnan Sankaran, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31400TN1955PLC080755
- Company No.
080755
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 1955
- Date of AGM
18 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Amco Batteries Limited offer?
Amco Batteries Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Car Batteries, Amco Car Battery, Two Wheeler Battery, Amco Two Wheeler Battery, Heavy Vehicle Battery, Exide Heavy Vehicle Battery, Automotive Battery, Industrial Batteries, Generator Batteries.
Who are the key members and board of directors at Amco Batteries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bommalapalayam Balachandran  | Company Secretary | 24-Apr-2001 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahadevan | Director | 26-Apr-2010 | Current |
| Sampath Pillapakkam | Director | 06-Dec-2006 | Current |
| Krishnan Sankaran | Additional Director | 11-Sep-2023 | Current |
| Pasalai Sankaran | Director | 22-Sep-2011 | Current |
Financial Performance of Amco Batteries.
Amco Batteries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.19% decrease. The company also saw a substantial improvement in profitability, with a 115.64% increase in profit. The company's net worth moved up by a moderate rise of 3.37%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Amco Batteries?
In 2023, Amco Batteries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tafe Access LimitedSampath Pillapakkam is a mutual person
- Tractors And Farm Equipment Limited.
Sampath Pillapakkam is a mutual person
- Tafe Properties Limited
Sampath Pillapakkam is a mutual person
- Tafe Foundation
Sampath Pillapakkam is a mutual person
Simpson And Company LimitedMahadevan and Pasalai Sankaran are mutual person
Tafe Motors And Tractors LimitedSampath Pillapakkam is a mutual person
Charges (Loans)
₹0
₹77.36 Cr
Charges Breakdown by Lending Institutions
- Central Bank Of India : 44.75 Cr
- Infrastructure Leasing & Financial Services Ltd. : 17.00 Cr
- Infrastructure Leasing & Financial Sevies Limited : 9.00 Cr
- Industrial Develoment Bank Of India : 2.05 Cr
- Central Bank Executor And Trustee Co. Ltd. : 1.75 Cr
- Others : 2.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2000 | Infrastructure Leasing & Financial Services Ltd. | ₹17.00 Cr | Satisfied |
| 28 Mar 1997 | Infrastructure Leasing & Financial Sevies Limited | ₹9.00 Cr | Satisfied |
| 19 Apr 1993 | Karnataka State Industrial Invest. And Devel. Corp. Limited | ₹2.24 M | Satisfied |
| 06 Aug 1992 | Industrial Develoment Bank Of India | ₹1.12 Cr | Satisfied |
| 26 Mar 1992 | Industrial Develoment Bank Of India | ₹9.30 M | Satisfied |
How Many Employees Work at Amco Batteries?
Amco Batteries has a workforce of 6 employees as of Apr 07, 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 Amco Batteries, 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 Amco Batteries'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.
