Asia Bulk Sacks Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 14.67 Cr
- Company Age 40 Year, 5 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 five 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
Transport and Logistics
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
- Ratios
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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)
Open Charges
₹83.10 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Asia Bulk Sacks
Recent activity within the organization
- Annual General Meeting
Asia Bulk Sacks Private Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.
- Balance Sheet
Asia Bulk Sacks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with State Bank Of India of Rs. 41.55 Cr registered on 11 May 2006 with Charge ID 10002834 was modified on 19 Feb 2024.
- Charges
A charge with State Bank Of India of Rs. 41.55 Cr registered on 28 Mar 2006 with Charge ID 10002228 was modified on 09 Feb 2024.
- Charges
A charge registered on 27 Jun 2006 via Charge ID 10009463 with State Bank Of India was fully satisfied on 04 Jun 2019.
- Director Appointment
Aditya Nilesh Gandhi was appointed as a Director was appointed as a Director on 11 Feb 2019 & has been associated with this company since 6 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Asia Bulk Sacks Private Limited?
Asia Bulk Sacks Private Limited was incorporated on 05 Oct 1984.
What is authorized share capital and paid-up capital of Asia Bulk Sacks Private Limited?
The authorized share capital of Asia Bulk Sacks Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.67 Cr.
Who are the current board members & directors of Asia Bulk Sacks Private Limited?
Currently 2 directors are associated with Asia Bulk Sacks Private Limited.
- Geeta Nilesh Gandhi
- Aditya Nilesh Gandhi
What is the registered address of Asia Bulk Sacks Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asia Bulk Sacks Private Limited is Survey No. 211 214 Irana Road, India, Village Budasan Taluka Kadi, Gujarat, 382715.
What is the corporate identification number (CIN) and company number of Asia Bulk Sacks Private Limited?
The corporate identification number (CIN) of Asia Bulk Sacks Private Limited is U99999GJ1984PTC007314 and the company number is 007314 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asia Bulk Sacks Private Limited?
The Official website of Asia Bulk Sacks Private Limited is https://www.asiabulksacks.com
What has been the recent revenue trend for Asia Bulk Sacks Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asia Bulk Sacks Private Limited has fallen by -17.58%.
How many employees does Asia Bulk Sacks Private Limited currently have?
As Per 2023 financial reports, 84 employees are currently employed by Asia Bulk Sacks Private Limited.
What change has been observed in the net worth of Asia Bulk Sacks Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asia Bulk Sacks Private Limited has experienced an upsurge of 2.24%.
What are the total open charges for Asia Bulk Sacks Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Asia Bulk Sacks Private Limited amount to ₹ 83.10 Cr.
When was the last Balance Sheet of Asia Bulk Sacks Private Limited filed with the ROC?
The most recent Balance Sheet for Asia Bulk Sacks Private Limited was filed with the ROC on 31 Mar 2024.
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