Ammega Belting India Private Limited

Manufactures and markets various types of belts and belt tensioners.

2010 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: January 05, 2025

Ammega Belting India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth 5.10%
  • Profit Growth 80.43%
  • Ebitda -329.31%
  • Net Worth -20.19%
  • Total Assets -13.72%

About Ammega Belting India

Ammega Belting India Private Limited (ABIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 2010 and has a history of 14 years and five months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Helicord Transmissions Private Limited. The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 2.50 Cr.

The company has closed loans amounting to ₹11.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jedidiah Christian and Ashiesh Kothaari serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31900TN2010PTC077091

  • Company No.

    077091

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2010

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Ammega Belting India Private Limited offer?

Ammega Belting India Private Limited offers a wide range of products and services, including Industrial Belts & V Belts, V Belts, Conveyor Systems & Components, Conveyor Components, Timing Belts, Cogged V Belt, Industrial Belts, Drive Belts, Poly V Belt.

Who are the key members and board of directors at Ammega Belting India?

Executive Team (1)

Name Designation Appointment Date Status
Ashiesh Kothaari Country flag representing In Managing Director 15-May-2023 Current

Board Members (1)

Name Designation Appointment Date Status
Jedidiah Christian Additional Director 25-Jul-2024 Current

Financial Performance of Ammega Belting India.

Ammega Belting India Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 5.1% increase. The company also saw a substantial improvement in profitability, with a 80.43% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.19%.

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
5.10%
Revenue from Operations
-10.52%
Total Assets
-13.72%
Profit or Loss
80.43%
Net Worth
-20.19%
EBITDA
-329.31%

What is the Ownership and Shareholding Structure of Ammega Belting India?

In 2021, Ammega Belting India had a promoter holding of 100.00%. 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

₹11.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.95 Cr
  • State Bank Of India : 4.67 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 1.38 Cr

Latest Charge Details

Date Lender Amount Status
09 Aug 2021 The Hongkong And Shanghai Banking Corporation Limited ₹1.38 Cr Satisfied
28 Jun 2012 Hdfc Bank Limited ₹4.95 Cr Satisfied
13 May 2011 State Bank Of India ₹4.67 Cr Satisfied

How Many Employees Work at Ammega Belting India?

Ammega Belting India has a workforce of 194 employees as of Mar 21, 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 Ammega Belting India, 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 Ammega Belting India'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 Ammega Belting India

Recent activity within the organization

  • Charges

    A charge registered on 09 Aug 2021 via Charge ID 100491677 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Ammega Belting India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Jedidiah Christian was appointed as a Additional Director was appointed as a Additional Director on 25 Jul 2024 & has been associated with this company since 6 months 10 days .

    25 Jul 2024

  • Balance Sheet

    Ammega Belting India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Ashiesh Kothaari was appointed as a Managing Director was appointed as a Managing Director on 15 May 2023 & has been associated with this company since 1 year 8 months .

    15 May 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.38 Cr with Charge ID 100491677 was registered on 09 Aug 2021.

    09 Aug 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Ammega Belting India Private Limited was incorporated on 23 Aug 2010.

  • The authorized share capital of Ammega Belting India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 2 directors are associated with Ammega Belting India Private Limited.

    • Jedidiah Christian
    • Ashiesh Kothaari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ammega Belting India Private Limited is 25 A/I/3, Sidco Industrial Estate Ambattur India, Chennai, Tamil Nadu, 600098.

  • The corporate identification number (CIN) of Ammega Belting India Private Limited is U31900TN2010PTC077091 and the company number is 077091 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ammega Belting India Private Limited is https://www.ammega.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Ammega Belting India Private Limited has risen by 5.10%.

  • As Per 2021 financial reports, 194 employees are currently employed by Ammega Belting India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Ammega Belting India Private Limited has experienced an downturn of -20.19%.

  • The most recent Balance Sheet for Ammega Belting India Private Limited was filed with the ROC on 31 Mar 2024.

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