American Spring And Pressing Works Private Limited

Manufacturer and trader of agricultural equipment, including sprayers and harvesters.

1959 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

American Spring And Pressing Works Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 65 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 89.66 Cr
  • Satisfied Charges ₹ 142.20 Cr
  • Revenue Growth -57.56%
  • Profit Growth -83.30%
  • Ebitda -98.56%
  • Net Worth 0.07%
  • Total Assets 3.38%

About American Spring And Pressing Works

American Spring And Pressing Works Private Limited (ASAPWPL) was founded in India on 30 December 1959 and has a glorious history of 65 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as American Spring And Pressing Works Limited. The Company is engaged in the Agriculture 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 35.00 Cr and a paid-up capital of Rs 1.53 Cr.

The company currently has active open charges totaling ₹89.66 Cr. The company has closed loans amounting to ₹142.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Patel, Sharadchandra Patel, Jatin Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aspee.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28991MH1959PTC011554

  • Company No.

    011554

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Dec 1959

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

What products or services does American Spring And Pressing Works Private Limited offer?

American Spring And Pressing Works Private Limited offers a wide range of products and services, including Flavours & Aromatics, Starch Powder, Drills, Grinders, Saws & Power Tools, Chain Saw Machine, Cashew Nuts (Kaju), Organic Cashew, Cashew Kernels, Roasted Snack, Flavored Cashew Nuts, Olive Oil.

Who are the key members and board of directors at American Spring And Pressing Works?

Executive Team (2)

NameDesignationAppointment DateStatus
Sharadchandra Patel Country flag representing In Managing Director30-Dec-1959Current
Kiran Patel Country flag representing In Managing Director01-Jun-1968Current

Board Members (4)

NameDesignationAppointment DateStatus
Pradip Desai Country flag representing In Director 20-Oct-1972Current
Rajeev Patel Country flag representing In Whole-Time Director 22-Jun-1996Current
Jatin Patel Country flag representing In Whole-Time Director 22-Jun-1996Current
Vijay Panchal Country flag representing In Director 05-Sep-2012Current

Financial Performance of American Spring And Pressing Works.

American Spring And Pressing Works Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.56% decrease. The company also saw a substantial fall in profitability, with a 83.3% decrease in profit. The company's net worth moved up by a moderate rise of 0.07%.

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
-57.56%
Revenue from Operations
-66.14%
Total Assets
3.38%
Profit or Loss
-83.30%
Net Worth
0.07%
EBITDA
-98.56%

What is the Ownership and Shareholding Structure of American Spring And Pressing Works?

Unlock access to American Spring And Pressing Works's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹89.66 Cr

Satisfied Charges

₹142.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 83.95 Cr
  • Others : 5.71 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2022Hdfc Bank Limited₹25.00 CrOpen
30 Sep 2020Others₹7.08 MOpen
29 Aug 2020Hdfc Bank Limited₹30.00 CrOpen
25 May 2018Hdfc Bank Limited₹5.00 CrOpen
25 May 2018Hdfc Bank Limited₹3.95 CrOpen

How Many Employees Work at American Spring And Pressing Works?

American Spring And Pressing Works has a workforce of 5 employees as of Mar 28, 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 American Spring And Pressing Works, 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 American Spring And Pressing Works'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 American Spring And Pressing Works

Recent activity within the organization

  • Annual General Meeting

    American Spring And Pressing Works Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

    14 Sep 2024

  • Balance Sheet

    American Spring And Pressing Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100604712 was registered on 20 Jul 2022.

    20 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 29 Aug 2020 with Charge ID 100373374 was modified on 06 Mar 2021.

    06 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 0.71 Cr with Charge ID 100412572 was registered on 30 Sep 2020.

    30 Sep 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100373374 was registered on 29 Aug 2020.

    29 Aug 2020

Frequently asked questions

  • American Spring And Pressing Works Private Limited was incorporated on 30 Dec 1959.

  • The authorized share capital of American Spring And Pressing Works Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 1.53 Cr.

  • Currently 6 directors are associated with American Spring And Pressing Works Private Limited.

    • Rajeev Kiran Patel
    • Sharadchandra Lallubhai Patel
    • Jatin Sharadchandra Patel
    • Pradip Kumar Jayvantbhai Desai
    • Kiran Lallubhai Patel
    • Vijay Chunilal Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of American Spring And Pressing Works Private Limited is 4Th Floor Aspee House Enclave Opp Indian Overseas Bank Marve Road, Ma Lad (West) India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of American Spring And Pressing Works Private Limited is U28991MH1959PTC011554 and the company number is 011554 as per Ministry of Corporate Affairs (MCA).

  • The Official website of American Spring And Pressing Works Private Limited is https://www.aspee.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for American Spring And Pressing Works Private Limited has fallen by -57.56%.

  • As Per 2023 financial reports, 5 employees are currently employed by American Spring And Pressing Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of American Spring And Pressing Works Private Limited has experienced an upsurge of 0.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for American Spring And Pressing Works Private Limited amount to ₹ 89.66 Cr.

  • The most recent Balance Sheet for American Spring And Pressing Works Private Limited was filed with the ROC on 31 Mar 2024.

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