Armec Cooling System Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.77 M
- Company Age 36 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.30 Cr
- Revenue Growth 212.07%
- Profit Growth -822.95%
- Ebitda 498.16%
- Net Worth -19.60%
- Total Assets 45.22%
About Armec Cooling System
Armec Cooling System Limited (ACSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 May 1988 and has a history of 36 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Consumer Electronics & Durables 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 M and a paid-up capital of Rs 2.77 M.
The company currently has active open charges totaling ₹6.30 Cr.
Manubhai Harani, Jimi Harani, Hansaben Harani, and Three other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U63022GJ1988PLC010728
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Company No.
010728
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 May 1988
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Date of AGM
31 Aug 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 Ahmedabad
Industry
What products or services does Armec Cooling System Limited offer?
Armec Cooling System Limited offers a wide range of products and services, including Chillers, Chilling Plant, Industrial Air Conditioner & Devices.
Who are the key members and board of directors at Armec Cooling System?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manubhai Harani
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Director | 20-May-1998 | Current |
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Jimi Harani
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Director | 10-Jul-2020 | Current |
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Hansaben Harani
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Director | 14-Aug-2006 | Current |
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Dinesh Harani
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Director | 12-Jun-1994 | Current |
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Dharav Maheshwari
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Director | 01-Mar-2012 | Current |
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Sonam Maheshwari
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Director | 01-May-2014 | Current |
Financial Performance of Armec Cooling System.
Armec Cooling System Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 212.07% increase. The company also saw a substantial fall in profitability, with a 822.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.6%.
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What is the Ownership and Shareholding Structure of Armec Cooling System?
In 2023, Armec Cooling System 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)
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Silent Cooling Systems Private LimitedJimi Harani is a mutual person
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Aayushre Polymers Private LimitedManubhai Harani and Dharav Maheshwari are mutual person
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Praham Polyfab Private Limited
Dharav Maheshwari is a mutual person
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Armec Ice & Cold Storage Private Limited
Dharav Maheshwari and Sonam Maheshwari are mutual person
Charges (Loans)
₹63.00 M
₹0
Charges Breakdown by Lending Institutions
- Others : 6.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2024 | Others | ₹1.25 Cr | Open |
| 04 Feb 2021 | Others | ₹5.05 Cr | Open |
How Many Employees Work at Armec Cooling System?
Unlock and access historical data on people associated with Armec Cooling System, 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 Armec Cooling System, 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 Armec Cooling System'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.