Asanka Bearings Private Limited

Manufactures and sells bearings and related products.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: January 09, 2025

Asanka Bearings Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.60 M
  • Revenue Growth 28.00%
  • Profit Growth 423.95%
  • Ebitda 160.70%
  • Net Worth 18.97%
  • Total Assets 26.40%

About Asanka Bearings

Asanka Bearings Private Limited (ABPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 July 1996 and has a history of 28 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Automotive 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹6.60 M.

Rajiv Sahani, Tejinder Sahani, Mohinderpal Sahani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130MH1996PTC101498

  • Company No.

    101498

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Asanka Bearings?

Board Members (5)

NameDesignationAppointment DateStatus
Rajiv Sahani Country flag representing In Director 30-May-1998Current
Tejinder Sahani Country flag representing In Director 31-Jul-1996Current
Mohinderpal Sahani Country flag representing In Director 31-Jul-1996Current
Jaspreet Sahani Country flag representing In Whole-Time Director 16-Jul-2018Current
Balbirkaur Sahani Country flag representing In Whole-Time Director 16-Jul-2018Current

Financial Performance of Asanka Bearings.

Asanka Bearings Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 28% increase. The company also saw a substantial improvement in profitability, with a 423.95% increase in profit. The company's net worth Soared by an impressive increase of 18.97%.

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
28.00%
Revenue from Operations
29.06%
Total Assets
26.40%
Profit or Loss
423.95%
Net Worth
18.97%
EBITDA
160.70%

What is the Ownership and Shareholding Structure of Asanka Bearings?

In 2017, Asanka Bearings 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

₹6.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 0.66 Cr

Latest Charge Details

DateLenderAmountStatus
04 Aug 2008Punjab & Sind Bank₹5.10 MOpen
26 Mar 1999Punjab & Sind Bank₹1.50 MOpen

How Many Employees Work at Asanka Bearings?

Unlock and access historical data on people associated with Asanka Bearings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asanka Bearings, 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 Asanka Bearings'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 Asanka Bearings

Recent activity within the organization

  • Annual General Meeting

    Asanka Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Asanka Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jaspreet Kaur Sahani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Jul 2018 & has been associated with this company since 6 years 7 months .

    16 Jul 2018

  • Director Appointment

    Balbirkaur Sahani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Jul 2018 & has been associated with this company since 6 years 7 months .

    16 Jul 2018

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 5.10 M with Charge ID 10121274 was registered on 04 Aug 2008.

    04 Aug 2008

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 1.50 M with Charge ID 90157130 was registered on 26 Mar 1999.

    26 Mar 1999

Frequently asked questions

  • Asanka Bearings Private Limited was incorporated on 31 Jul 1996.

  • The authorized share capital of Asanka Bearings Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Asanka Bearings Private Limited.

    • Rajiv Singh Sahani
    • Tejinder Singh Sahani
    • Mohinderpal Singh Sahani
    • Jaspreet Kaur Sahani
    • Balbirkaur Sahani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asanka Bearings Private Limited is 602 Sixth Floor Dhana Shree Heights, Veera Desai Azad Nagar 2 Andheri West India, Mumbai, Maharashtra, 400053.

  • The corporate identification number (CIN) of Asanka Bearings Private Limited is U29130MH1996PTC101498 and the company number is 101498 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Asanka Bearings Private Limited has risen by 28.00%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Asanka Bearings Private Limited has experienced an upsurge of 18.97%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Asanka Bearings Private Limited amount to ₹ 6.60 M.

  • The most recent Balance Sheet for Asanka Bearings Private Limited was filed with the ROC on 31 Mar 2024.