Asanka Bearings Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 28-06-2024
- Paid Up Capital ₹ 0.10 M
as on 28-06-2024
- Company Age 28 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.60 M
as on 28-06-2024
- Revenue 28.00%
(FY 2017)
- Profit 423.95%
(FY 2017)
- Ebitda 160.70%
(FY 2017)
- Net Worth 18.97%
(FY 2017)
- Total Assets 26.40%
(FY 2017)
About Asanka Bearings
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 2023. 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.
Jaspreet Sahani, Balbirkaur Sahani, Mohinderpal Sahani, and Two other members serve as directors at the Company.
- CIN/LLPIN
U29130MH1996PTC101498
- Company No.
101498
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jul 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Asanka Bearings?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaspreet Sahani  | Whole-Time Director | 16-Jul-2018 | Current |
| Balbirkaur Sahani | Whole-Time Director | 16-Jul-2018 | Current |
| Mohinderpal Sahani | Director | 31-Jul-1996 | Current |
| Tejinder Sahani | Director | 31-Jul-1996 | Current |
| Rajiv Sahani | Director | 30-May-1998 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Cockerill Exports Private LimitedActive 44 years 2 monthsJaspreet Sahani, Balbirkaur Sahani and 3 more are mutual person
- Sennin Olefinics Private LimitedActive 41 years 11 months
Jaspreet Sahani, Balbirkaur Sahani and 3 more are mutual person
- Aravalli Gears Private LimitedActive 28 years 4 months
Jaspreet Sahani, Balbirkaur Sahani and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Punjab & Sind Bank Creation Date: 04 Aug 2008 | ₹5.10 M | Open |
Punjab & Sind Bank Creation Date: 26 Mar 1999 | ₹1.50 M | Open |
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.
Deals i
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
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.
