Anand Arc Limited

Manufacturer of welding consumables and stainless steel wires for various industries, with international approvals.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Anand Arc Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.58 Cr
  • Satisfied Charges ₹ 4.57 Cr
  • Revenue Growth 22.33%
  • Profit Growth 54.66%
  • Ebitda 6.07%
  • Net Worth 5.09%
  • Total Assets 0.91%

About Anand Arc

Anand Arc Limited (AAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 October 1987 and has a history of 37 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Anand Arc 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹33.58 Cr. The company has closed loans amounting to ₹4.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Murlidhar Hargundas, Anand Purswani, and Girish Purswani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    anandarc.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32109MH1987PLC045076

  • Company No.

    045076

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Anand Arc Limited offer?

Anand Arc Limited offers a wide range of products and services, including Welding, Rods, Electrodes & Wires, Welding Electrodes, Welding Equipments & Machinery, Tig Welding Spares, Metal and Alloy Wires, Welding Wires, Air Springs & Compression Springs, Wire Springs, Metal Wire, Engineering and Shipping Ropes.

Who are the key members and board of directors at Anand Arc?

Executive Team (1)

Name Designation Appointment Date Status
Murlidhar Hargundas Country flag representing In Managing Director 21-Oct-1987 Current

Board Members (2)

Name Designation Appointment Date Status
Anand Purswani Country flag representing In Director 25-Sep-2001 Current
Girish Purswani Country flag representing In Director 01-Nov-2011 Current

Financial Performance of Anand Arc.

Anand Arc Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.33% increase. The company also saw a substantial improvement in profitability, with a 54.66% increase in profit. The company's net worth moved up by a moderate rise of 5.09%.

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
22.33%
Revenue from Operations
22.14%
Total Assets
0.91%
Profit or Loss
54.66%
Net Worth
5.09%
EBITDA
6.07%

What is the Ownership and Shareholding Structure of Anand Arc?

In 2023, Anand Arc 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

₹33.58 Cr

Satisfied Charges

₹4.57 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 33.58 Cr

Latest Charge Details

Date Lender Amount Status
26 Nov 2021 State Bank Of India ₹1.56 Cr Open
06 Jul 1997 State Bank Of India ₹32.02 Cr Open
11 Jul 2007 Icici Bank Limited ₹0.82 M Satisfied
15 Jun 2007 State Bank Of India ₹3.45 Cr Satisfied
02 Aug 1997 State Bank Of India ₹3.00 M Satisfied

How Many Employees Work at Anand Arc?

Anand Arc has a workforce of 37 employees as of Apr 08, 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 Anand Arc, 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 Anand Arc'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 Anand Arc

Recent activity within the organization

  • Annual General Meeting

    Anand Arc Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Anand Arc Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.56 Cr with Charge ID 100513176 was registered on 26 Nov 2021.

    26 Nov 2021

  • Charges

    A charge with State Bank Of India of Rs. 32.02 Cr registered on 06 Jul 1997 with Charge ID 90235791 was modified on 02 Jun 2020.

    02 Jun 2020

  • Charges

    A charge registered on 15 Jun 2007 via Charge ID 10059214 with State Bank Of India was fully satisfied on 11 Mar 2019.

    11 Mar 2019

  • Charges

    A charge registered on 02 Aug 1997 via Charge ID 90224827 with State Bank Of India was fully satisfied on 11 Mar 2019.

    11 Mar 2019

Frequently asked questions

  • Anand Arc Limited was incorporated on 21 Oct 1987.

  • The authorized share capital of Anand Arc Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 3 directors are associated with Anand Arc Limited.

    • Murlidhar Purswani Hargundas
    • Anand Murlidhar Purswani
    • Girish Murlidhar Purswani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Anand Arc Limited is 701 Trade Center Bandra Kurla Complex (East) India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Anand Arc Limited is U32109MH1987PLC045076 and the company number is 045076 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Anand Arc Limited is https://www.anandarc.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Anand Arc Limited has risen by 22.33%.

  • As Per 2023 financial reports, 37 employees are currently employed by Anand Arc Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Anand Arc Limited has experienced an upsurge of 5.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Anand Arc Limited amount to ₹ 33.58 Cr.

  • The most recent Balance Sheet for Anand Arc Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Cable & Wire