Asb Bearings Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.95 M
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.20 M
- Satisfied Charges ₹ 3.00 M
- Revenue Growth -27.19%
- Profit Growth -2364.78%
- Ebitda -288.25%
- Net Worth -112.83%
- Total Assets -18.66%
About Asb Bearings
Asb Bearings Private Limited (ABPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 June 1994 and has a history of 30 years and seven months. Its registered office is in Rajkot, Gujarat, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.95 M.
The company currently has active open charges totaling ₹3.20 M. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.
Milan Sanathara, Sachin Sanathara, and Miteshkumar Sanathra serve as directors at the Company.
Company Details
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Location
Rajkot, 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
U72200GJ1994PTC022377
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Company No.
022377
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Jun 1994
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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 Ahmedabad
Industry
Who are the key members and board of directors at Asb Bearings?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milan Sanathara
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Director | 25-Jun-2014 | Current |
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Sachin Sanathara
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Director | 25-Jun-2014 | Current |
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Miteshkumar Sanathra
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Director | 09-Jul-2012 | Current |
Financial Performance of Asb Bearings.
Asb Bearings Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 27.19% decrease. The company also saw a substantial fall in profitability, with a 2364.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 112.83%.
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What is the Ownership and Shareholding Structure of Asb Bearings?
In 2020, Asb Bearings had a promoter holding of 63.39% and a public holding of 36.61%. 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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Sanathra Pharmaceuticals Private LimitedMiteshkumar Sanathra is a mutual person
Charges (Loans)
₹3.20 M
₹3.00 M
Charges Breakdown by Lending Institutions
- Canara Bank : 0.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2021 | Canara Bank | ₹0.20 M | Open |
| 25 Feb 2015 | Canara Bank | ₹3.00 M | Open |
| 13 Oct 2004 | Citizens Co.Oprative Bank Limited | ₹2.00 M | Satisfied |
| 13 Oct 2004 | Citizens Co.Op.Bank Ltd. | ₹1.00 M | Satisfied |
How Many Employees Work at Asb Bearings?
Unlock and access historical data on people associated with Asb 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 Asb 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 Asb 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
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