Andhra Electronics Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 1.13 Cr
- Company Age 48 Year, 17 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.06 Cr
- Revenue Growth 9.97%
- Profit Growth 21.52%
- Ebitda 14.63%
- Net Worth 11.98%
- Total Assets 7.62%
About Andhra Electronics
Andhra Electronics Limited (AEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 February 1977 and has a history of 48 years. Its registered office is in Godavari, Andhra Pradesh, India.
The Corporate was formerly known as Andhra Electronics Private Limited. The Company is engaged in the Information Technology 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 10.00 Cr and a paid-up capital of Rs 1.13 Cr.
The company currently has active open charges totaling ₹14.06 Cr.
Ratnakumar Bikkani, Venkata Karipineni, Lakshminarayana Bolla, and One other member serve as directors at the Company.
Company Details
- Location
Godavari, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309AP1977PLC002130
- Company No.
002130
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Feb 1977
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Information Technology
What products or services does Andhra Electronics Limited offer?
Andhra Electronics Limited offers a wide range of products and services, including Electronic Oscillator, Quartz Ore, Quartz Crystal.
Who are the key members and board of directors at Andhra Electronics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ratnakumar Bikkani  | Managing Director | 05-Aug-2005 | Current |
| Lakshminarayana Bolla | Managing Director | 29-Sep-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkata Karipineni | Whole-Time Director | 27-Sep-2005 | Current |
| Abhinay Bikkani | Whole-Time Director | 27-Nov-2021 | Current |
Financial Performance of Andhra Electronics.
Andhra Electronics Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.97% increase. The company also saw a substantial improvement in profitability, with a 21.52% increase in profit. The company's net worth Soared by an impressive increase of 11.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Andhra Electronics?
In 2023, Andhra Electronics had a promoter holding of 54.77% and a public holding of 45.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hbl Engineering LimitedVenkata Karipineni is a mutual person
Ulektz Learning Solutions Private LimitedRatnakumar Bikkani is a mutual person
Sri Bhavani Castings LtdVenkata Karipineni is a mutual person
Ael Data Services LlpRatnakumar Bikkani and Lakshminarayana Bolla are mutual person
- Sri Kvr Forgings Private Limited
Ratnakumar Bikkani and Abhinay Bikkani are mutual person
- Elitech Electronics Private Limited
Venkata Karipineni and Lakshminarayana Bolla are mutual person
Charges (Loans)
Open Charges
₹14.06 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 7.83 Cr
- I.D.B.I. Bank Ltd. : 3.88 Cr
- Industrial Development Bank Of India Limited : 2.00 Cr
- Hdfc Bank Limited : 0.19 Cr
- Sundaram Finance Ltd. : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2022 | Hdfc Bank Limited | ₹1.95 M | Open |
| 18 Dec 2012 | Bank Of Baroda | ₹5.13 Cr | Open |
| 24 Oct 2007 | Industrial Development Bank Of India Limited | ₹2.00 Cr | Open |
| 18 Jul 2000 | I.D.B.I. Bank Ltd. | ₹2.85 Cr | Open |
| 20 Mar 1998 | Bank Of Baroda | ₹1.65 Cr | Open |
How Many Employees Work at Andhra Electronics?
Andhra Electronics has a workforce of 39 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 Andhra Electronics, 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 Andhra Electronics'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.
Latest Updates, News, and FAQs on Andhra Electronics
Recent activity within the organization
- Annual General Meeting
Andhra Electronics Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Andhra Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100751901 was registered on 30 May 2022.
- Director Appointment
Abhinay Bikkani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Nov 2021 & has been associated with this company since 3 years 3 months .
- Charges
A charge with Bank Of Baroda amounted to Rs. 5.13 Cr with Charge ID 10397152 was registered on 18 Dec 2012.
- Charges
A charge with Industrial Development Bank Of India Limited amounted to Rs. 2.00 Cr with Charge ID 10079682 was registered on 24 Oct 2007.
Frequently asked questions
What is the Incorporation or founding date of Andhra Electronics Limited?
Andhra Electronics Limited was incorporated on 20 Feb 1977.
What is authorized share capital and paid-up capital of Andhra Electronics Limited?
The authorized share capital of Andhra Electronics Limited is ₹ 10.00 Cr and paid-up capital is ₹ 1.13 Cr.
Who are the current board members & directors of Andhra Electronics Limited?
Currently 4 directors are associated with Andhra Electronics Limited.
- Ratnakumar Bikkani
- Venkata Sriram Karipineni
- Lakshminarayana Bolla
- Abhinay Bikkani
What is the registered address of Andhra Electronics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Electronics Limited is Plot No.34 35 Industrialdevelopment Area Kakinada Kakinada, India, Ap, Andhra Pradesh, 533005.
What is the corporate identification number (CIN) and company number of Andhra Electronics Limited?
The corporate identification number (CIN) of Andhra Electronics Limited is U29309AP1977PLC002130 and the company number is 002130 as per Ministry of Corporate Affairs (MCA).
What is the official website of Andhra Electronics Limited?
The Official website of Andhra Electronics Limited is https://www.andhraelec.com
What has been the recent revenue trend for Andhra Electronics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Electronics Limited has risen by 9.97%.
How many employees does Andhra Electronics Limited currently have?
As Per 2023 financial reports, 39 employees are currently employed by Andhra Electronics Limited.
What change has been observed in the net worth of Andhra Electronics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Electronics Limited has experienced an upsurge of 11.98%.
What are the total open charges for Andhra Electronics Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Andhra Electronics Limited amount to ₹ 14.06 Cr.
When was the last Balance Sheet of Andhra Electronics Limited filed with the ROC?
The most recent Balance Sheet for Andhra Electronics Limited was filed with the ROC on 31 Mar 2024.