Asb Bearings Private Limited

Manufactures various types of bearings, ISO 9001 certified.

1994 | Rajkot, Gujarat (India) | Active
Last Updated:

Asb Bearings Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.95 M
  • Company Age 30 Year, 10 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 ten 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

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ1994PTC022377

  • Company No.

    022377

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Company report

Asb Bearings Private Limited

Explore comprehensive data for Asb Bearings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Milan Sanathara Country flag representing In Director 25-Jun-2014Current
Sachin Sanathara Country flag representing In Director 25-Jun-2014Current
Miteshkumar Sanathra Country flag representing In Director 09-Jul-2012Current

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%.

Asb Bearings revenue growth over time
Asb Bearings 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
-27.19%
Revenue from Operations
-27.18%
Total Assets
-18.66%
Profit or Loss
-2364.78%
Net Worth
-112.83%
EBITDA
-288.25%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.20 M

Satisfied Charges

₹3.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2021Canara Bank₹0.20 MOpen
25 Feb 2015Canara Bank₹3.00 MOpen
13 Oct 2004Citizens Co.Oprative Bank Limited₹2.00 MSatisfied
13 Oct 2004Citizens Co.Op.Bank Ltd.₹1.00 MSatisfied

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.

Employee growth trends for Asb Bearings Private Limited

Deals i

Graph showing company valuation over time

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

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 Asb Bearings

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Canara Bank amounted to Rs. 0.20 M with Charge ID 100431264 was registered on 05 Mar 2021.

  • Charges

    A charge with Canara Bank of Rs. 3.00 M registered on 25 Feb 2015 with Charge ID 10556790 was modified on 06 Nov 2015.

  • Charges

    A charge with Canara Bank amounted to Rs. 3.00 M with Charge ID 10556790 was registered on 25 Feb 2015.

  • Director Appointment

    Milan Bharatbhai Sanathara was appointed as a Director was appointed as a Director on 25 Jun 2014 & has been associated with this company since 10 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Asb Bearings Private Limited?

    Asb Bearings Private Limited was incorporated on 29 Jun 1994.

  • What is authorized share capital and paid-up capital of Asb Bearings Private Limited?

    The authorized share capital of Asb Bearings Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.95 M.

  • Who are the current board members & directors of Asb Bearings Private Limited?

    Currently 3 directors are associated with Asb Bearings Private Limited.

    • Milan Bharatbhai Sanathara
    • Sachin Vijaybhai Sanathara
    • Miteshkumar Satishkumar Sanathra

  • What is the registered address of Asb Bearings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asb Bearings Private Limited is Block No H-2 Near Upavan, Kankot Main Road India, Rajkot, Gujarat, 360005.

  • What is the corporate identification number (CIN) and company number of Asb Bearings Private Limited?

    The corporate identification number (CIN) of Asb Bearings Private Limited is U72200GJ1994PTC022377 and the company number is 022377 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Asb Bearings Private Limited?

    The Official website of Asb Bearings Private Limited is https://www.asbbearings.co.in

  • What has been the recent revenue trend for Asb Bearings Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Asb Bearings Private Limited has fallen by -27.19%.

  • What change has been observed in the net worth of Asb Bearings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Asb Bearings Private Limited has experienced an downturn of -112.83%.

  • What are the total open charges for Asb Bearings Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Asb Bearings Private Limited amount to ₹ 3.20 M.

  • When was the last Balance Sheet of Asb Bearings Private Limited filed with the ROC?

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

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