Asia Bulk Sacks Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.67 Cr
- Company Age 40 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 83.10 Cr
- Satisfied Charges ₹ 1.56 Cr
- Revenue Growth -17.58%
- Profit Growth -74.88%
- Ebitda -31.23%
- Net Worth 2.24%
- Total Assets -9.23%
About Asia Bulk Sacks
Asia Bulk Sacks Private Limited (ABSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 1984 and has a history of 40 years and four months. Its registered office is in Mahesana, Gujarat, India.
The Corporate was formerly known as Asia Woven Sacks Private Limited. The Company is engaged in the Transport And Logistics 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 15.00 Cr and a paid-up capital of Rs 14.67 Cr.
The company currently has active open charges totaling ₹83.10 Cr. The company has closed loans amounting to ₹1.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Geeta Gandhi and Aditya Gandhi serve as directors at the Company.
Company Details
- Location
Mahesana, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999GJ1984PTC007314
- Company No.
007314
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Oct 1984
- Date of AGM
16 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Asia Bulk Sacks Private Limited offer?
Asia Bulk Sacks Private Limited offers a wide range of products and services, including Jumbo Bags, FIBC Bags, Bulk Bags.
Who are the key members and board of directors at Asia Bulk Sacks?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Gandhi  | Director | 11-Feb-2019 | Current |
| Geeta Gandhi | Director | 01-May-2016 | Current |
Financial Performance of Asia Bulk Sacks.
Asia Bulk Sacks Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.58% decrease. The company also saw a substantial fall in profitability, with a 74.88% decrease in profit. The company's net worth moved up by a moderate rise of 2.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Asia Bulk Sacks?
In 2023, Asia Bulk Sacks had a promoter holding of 87.45% and a public holding of 12.55%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
A R Tradelink LlpGeeta Gandhi and Aditya Gandhi are mutual person
- A R Polysacks Private Limited
Geeta Gandhi and Aditya Gandhi are mutual person
- Sudha Fibc Private Limited
Geeta Gandhi and Aditya Gandhi are mutual person
Charges (Loans)
₹83.10 Cr
₹1.56 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 83.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2006 | State Bank Of India | ₹41.55 Cr | Open |
| 28 Mar 2006 | State Bank Of India | ₹41.55 Cr | Open |
| 27 Jun 2006 | State Bank Of India | ₹0.60 M | Satisfied |
| 27 Sep 2004 | Lord Krishna Bank Ltd. | ₹1.50 Cr | Satisfied |
How Many Employees Work at Asia Bulk Sacks?
Asia Bulk Sacks has a workforce of 84 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asia Bulk Sacks, 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 Asia Bulk Sacks'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.
