Asbesco (India) Pvt Ltd

Manufactures and assembles power transmission line fittings and accessories.

1980 | Kolkata, West Bengal (India) | Active
Last Updated:

Asbesco (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.55 Cr
  • Company Age 44 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 106.14 Cr
  • Satisfied Charges ₹ 193.85 Cr
  • Revenue Growth -6.57%
  • Profit Growth -47.81%
  • Ebitda -36.56%
  • Net Worth 0.81%
  • Total Assets 1.46%

About Asbesco (India)

Asbesco (India) Pvt Ltd (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 1980 and has a history of 44 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Energy And Power 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 Cr and a paid-up capital of Rs 4.55 Cr.

The company currently has active open charges totaling ₹106.14 Cr. The company has closed loans amounting to ₹193.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aditya Bagree and Kamal Bagree serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109WB1980PTC033082

  • Company No.

    033082

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Energy and Power
Manufacturing
Company report

Asbesco (India) Pvt Ltd

Explore comprehensive data for Asbesco (India) Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Asbesco (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Aditya Bagree Country flag representing In Director 30-Jul-2007Current
Kamal Bagree Country flag representing In Director 13-Oct-1980Current

Financial Performance of Asbesco (India).

Asbesco (India) Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.57% decrease. The company also saw a substantial fall in profitability, with a 47.81% decrease in profit. The company's net worth moved up by a moderate rise of 0.81%.

Asbesco (India) revenue growth over time
Asbesco (India) 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
-6.57%
Revenue from Operations
-6.67%
Total Assets
1.46%
Profit or Loss
-47.81%
Net Worth
0.81%
EBITDA
-36.56%

What is the Ownership and Shareholding Structure of Asbesco (India)?

In 2023, Asbesco (India) 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

₹106.14 Cr

Satisfied Charges

₹193.85 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 48.00 Cr
  • Yes Bank Limited : 33.14 Cr
  • Others : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2022Hdfc Bank Limited₹24.00 CrOpen
23 Sep 2021Yes Bank Limited₹33.14 CrOpen
24 Aug 2021Hdfc Bank Limited₹24.00 CrOpen
22 Oct 2020Others₹25.00 CrOpen
02 Feb 2015The Hongkong And Shanghai Banking Corporation Limited₹5.00 MSatisfied

How Many Employees Work at Asbesco (India)?

Asbesco (India) has a workforce of 141 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Asbesco (India) Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asbesco (India), 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 Asbesco (India)'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 Asbesco (India)

Recent activity within the organization

  • Annual General Meeting

    Asbesco (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Yes Bank Limited of Rs. 33.14 Cr registered on 23 Sep 2021 with Charge ID 100492229 was modified on 05 Jul 2024.

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 22 Oct 2020 with Charge ID 100383040 was modified on 05 Jul 2024.

  • Balance Sheet

    Asbesco (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 24.00 Cr with Charge ID 100620765 was registered on 09 Sep 2022.

  • Charges

    A charge registered on 25 Jun 2007 via Charge ID 10062029 with Bank Of Baroda was fully satisfied on 06 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Asbesco (India) Pvt Ltd?

    Asbesco (India) Pvt Ltd was incorporated on 30 Oct 1980.

  • What is authorized share capital and paid-up capital of Asbesco (India) Pvt Ltd?

    The authorized share capital of Asbesco (India) Pvt Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.55 Cr.

  • Who are the current board members & directors of Asbesco (India) Pvt Ltd?

    Currently 2 directors are associated with Asbesco (India) Pvt Ltd.

    • Aditya Bagree
    • Kamal Kumar Bagree

  • What is the registered address of Asbesco (India) Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asbesco (India) Pvt Ltd is 1A K. B. R. Complex 4 Ho-Chi-Minh Sarani, India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Asbesco (India) Pvt Ltd?

    The corporate identification number (CIN) of Asbesco (India) Pvt Ltd is U27109WB1980PTC033082 and the company number is 033082 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Asbesco (India) Pvt Ltd?

    The Official website of Asbesco (India) Pvt Ltd is https://www.asbescoindia.com

  • What has been the recent revenue trend for Asbesco (India) Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Asbesco (India) Pvt Ltd has fallen by -6.57%.

  • How many employees does Asbesco (India) Pvt Ltd currently have?

    As Per 2023 financial reports, 141 employees are currently employed by Asbesco (India) Pvt Ltd.

  • What change has been observed in the net worth of Asbesco (India) Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Asbesco (India) Pvt Ltd has experienced an upsurge of 0.81%.

  • What are the total open charges for Asbesco (India) Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Asbesco (India) Pvt Ltd amount to ₹ 106.14 Cr.

  • When was the last Balance Sheet of Asbesco (India) Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Asbesco (India) Pvt Ltd was filed with the ROC on 31 Mar 2024.

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