Asia Cranes Private Limited

Manufacturer and exporter of cranes, lifts, and hoists for various industries, with global reach.

1986 | Punab, Punjab (India) | Active
Last Updated: December 30, 2024

Asia Cranes Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.43 M
  • Company Age 38 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 Cr
  • Revenue Growth 664.59%
  • Profit Growth 729.71%
  • Ebitda 326.15%
  • Net Worth 42.76%
  • Total Assets 157.57%

About Asia Cranes

Asia Cranes Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 October 1986 and has a history of 38 years and three months. Its registered office is in Punab, Punjab.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.43 M.

The company currently has active open charges totaling ₹7.50 Cr.

Bhupinder Singh, Harvinder Singh, Rattandeep Singh, and Three other members serve as directors at the Company.

Company Details

  • Location Punab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asiancrinto.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999PB1986PTC007098

  • Company No.

    007098

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Asia Cranes Private Limited offer?

Asia Cranes Private Limited offers a wide range of products and services, including Material Handling Machines & Systems, Pallet Truck, Cranes, Forklift & Lifting Machines, Hydraulic Crane, Warehouse Stacker, Carts, Dollies & Trolleys, Luggage Trolley, Elevators & Escalators, Scissor Lifts, Trolley.

Who are the key members and board of directors at Asia Cranes?

Board Members (6)

NameDesignationAppointment DateStatus
Inderpal Sohal Country flag representing In Director 01-Apr-2023Current
Bhupinder Singh Country flag representing In Director 28-Oct-1986Current
Harvinder Singh Country flag representing In Director 28-Oct-1986Current
Rattandeep Singh Country flag representing In Director 01-Apr-2023Current
Paramjit Kaur Country flag representing In Director 22-Feb-2012Current
Jasdeep Sohal Country flag representing In Director 12-Apr-2015Current

Financial Performance of Asia Cranes.

Asia Cranes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 664.59% increase. The company also saw a substantial improvement in profitability, with a 729.71% increase in profit. The company's net worth Soared by an impressive increase of 42.76%.

Graph illustrating revenue growth over time
Graph showing 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
664.59%
Revenue from Operations
664.87%
Total Assets
157.57%
Profit or Loss
729.71%
Net Worth
42.76%
EBITDA
326.15%

What is the Ownership and Shareholding Structure of Asia Cranes?

In 2023, Asia Cranes 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

₹75.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.50 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2021Hdfc Bank Limited₹7.50 CrOpen

How Many Employees Work at Asia Cranes?

Asia Cranes has a workforce of 293 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asia Cranes, 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 Cranes'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 Asia Cranes

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 75.00 M registered on 10 Dec 2021 with Charge ID 100522392 was modified on 05 Apr 2024.

    05 Apr 2024

  • Annual General Meeting

    Asia Cranes Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Rattandeep Singh was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Balance Sheet

    Asia Cranes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 M with Charge ID 100522392 was registered on 10 Dec 2021.

    10 Dec 2021

  • Director Appointment

    Jasdeep Singh Sohal was appointed as a Director was appointed as a Director on 12 Apr 2015 & has been associated with this company since 9 years 10 months .

    12 Apr 2015

Frequently asked questions

  • Asia Cranes Private Limited was incorporated on 28 Oct 1986.

  • The authorized share capital of Asia Cranes Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.43 M.

  • Currently 6 directors are associated with Asia Cranes Private Limited.

    • Bhupinder Singh
    • Harvinder Singh
    • Rattandeep Singh
    • Paramjit Kaur
    • Inderpal Singh Sohal
    • Jasdeep Singh Sohal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asia Cranes Private Limited is Opp Arora Palace Cinemagill Road Ludhiana India, Punab, Punjab.

  • The corporate identification number (CIN) of Asia Cranes Private Limited is U99999PB1986PTC007098 and the company number is 007098 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asia Cranes Private Limited is https://www.asiancrinto.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asia Cranes Private Limited has risen by 664.59%.

  • As Per 2023 financial reports, 293 employees are currently employed by Asia Cranes Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asia Cranes Private Limited has experienced an upsurge of 42.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asia Cranes Private Limited amount to ₹ 7.50 Cr.

  • The most recent Balance Sheet for Asia Cranes Private Limited was filed with the ROC on 31 Mar 2023.

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