Apar Corporation Profile
Key Indicators
- Authorised Capital ₹ 20.50 Cr
- Paid Up Capital ₹ 16.40 Cr
- Company Age 70 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.70 Cr
- Satisfied Charges ₹ 2,546.34 Cr
- Revenue Growth -35.33%
- Profit Growth -67.02%
- Ebitda 27.66%
- Net Worth 2.24%
- Total Assets 4.08%
About Apar Corporation
Apar Corporation Private Limited (ACPL) was founded in India on 03 August 1954 and has a glorious history of 70 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Apar Limited. The Company is engaged in the Real Estate And Construction 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 20.50 Cr and a paid-up capital of Rs 16.40 Cr.
The company currently has active open charges totaling ₹7.70 Cr. The company has closed loans amounting to ₹2,546.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Apar Corporation Private Limited India is Harishkumar Malsatter as COMPANY SECRETARY. Kushal Desai and Chaitanya Desai serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U34300MH1954PTC009349
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Company No.
009349
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Aug 1954
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Apar Corporation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harishkumar Malsatter
|
Company Secretary | 22-Jan-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kushal Desai
|
Director | 22-Mar-1985 | Current |
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Chaitanya Desai
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Director | 30-Jun-1993 | Current |
Financial Performance of Apar Corporation.
Apar Corporation Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.33% decrease. The company also saw a substantial fall in profitability, with a 67.02% decrease in profit. The company's net worth moved up by a moderate rise of 2.24%.
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What is the Ownership and Shareholding Structure of Apar Corporation?
In 2023, Apar Corporation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Apar Industries LimitedKushal Desai and Chaitanya Desai are mutual person
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Apar Distribution & Logistics Private Limited
Kushal Desai and Chaitanya Desai are mutual person
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Bhakti Nilayam Private LimitedKushal Desai is a mutual person
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Nadiad Innvotek Foundation
Kushal Desai is a mutual person
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Catalis World Private Limited
Kushal Desai and Chaitanya Desai are mutual person
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Manufacturers Of Petroleum Specialties Association
Kushal Desai is a mutual person
Charges (Loans)
₹7.70 Cr
₹2,546.34 Cr
Charges Breakdown by Lending Institutions
- Global Trust Bank Ltd; : 5.00 Cr
- Bank Of Credit & Commerce Internatioanl Limited : 2.00 Cr
- Small Industries Development Bank Of India : 0.50 Cr
- Central Bank Of India : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 1996 | Small Industries Development Bank Of India | ₹5.00 M | Open |
| 10 Nov 1995 | Global Trust Bank Ltd; | ₹5.00 Cr | Open |
| 27 Dec 1989 | Bank Of Credit & Commerce Internatioanl Limited | ₹2.00 Cr | Open |
| 17 Mar 1982 | Central Bank Of India | ₹1.46 M | Open |
| 06 Jan 1981 | Central Bank Of India | ₹0.50 M | Open |
How Many Employees Work at Apar Corporation?
Apar Corporation has a workforce of 5 employees as of Apr 09, 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 Apar Corporation, 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 Apar Corporation'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.
