Ardee Drives Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 18-07-2024
- Paid Up Capital ₹ 1.17 Cr
as on 18-07-2024
- Company Age 26 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
as on 18-07-2024
- Satisfied Charges ₹ 3.03 Cr
as on 18-07-2024
- Revenue 401.29%
(FY 2023)
- Profit 1984.86%
(FY 2023)
- Ebitda 1172.08%
(FY 2023)
- Net Worth 35.07%
(FY 2023)
- Total Assets 1120.63%
(FY 2023)
About Ardee Drives
The Corporate was formerly known as Balaji Drives Private Limited. The Company is engaged in the Machinery And Equipment 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 1.17 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹3.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chandra Moturu, Ragdeep Moturu, Rahul Kuchakulla, and One other member serve as directors at the Company.
- CIN/LLPIN
U21011TG1998PTC029451
- Company No.
029451
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 May 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Ardee Drives?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ragdeep Moturu  | Director | 15-Nov-2019 | Current |
| Chandra Moturu | Director | 15-Nov-2019 | Current |
| Rahul Kuchakulla | Director | 05-Apr-2023 | Current |
| Sundararama Gorrepati | Director | 20-Apr-2023 | Current |
Financial Performance of Ardee Drives.
Ardee Drives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 401.29% increase. The company also saw a substantial improvement in profitability, with a 1984.86% increase in profit. The company's net worth Soared by an impressive increase of 35.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ardee Drives?
In 2023, Ardee Drives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rotec Transmissions Private LimitedActive 40 years 6 monthsChandra Moturu, Ragdeep Moturu and 1 more are mutual person
Ardee Engineering LimitedActive 4 years 6 monthsChandra Moturu, Ragdeep Moturu and 1 more are mutual person
Charges (Loans)
₹5.00 Cr
₹3.03 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2022 | Others | ₹1.84 Cr | Open |
| 29 Oct 2022 | Others | ₹3.17 Cr | Open |
| 17 Dec 2019 | Others | ₹1.75 Cr | Satisfied |
| 03 Aug 2011 | Vijaya Bank | ₹6.99 M | Satisfied |
| 06 Aug 2000 | Andhra Pradesh State Financial Corporation | ₹2.96 M | Satisfied |
How Many Employees Work at Ardee Drives?
Unlock and access historical data on people associated with Ardee Drives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ardee Drives, 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 Ardee Drives'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
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