Asian Bearings Limited

Produces various types of bearings and related products since 1974.

1974 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Asian Bearings Profile

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 15.04 Cr
  • Company Age 51 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 9.67 Cr
  • Satisfied Charges ₹ 59.94 Cr

About Asian Bearings

Asian Bearings Limited (ABL) was founded in India on 19 March 1974 and has a glorious history of 51 years and one month.Its registered office is in Chennai, Tamil Nadu, 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 2022. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 15.04 Cr.

The company currently has active open charges totaling ₹9.67 Cr. The company has closed loans amounting to ₹59.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mulupuru Rao, Palaniappan Muthu, and Govinda Babu serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29130TN1974PLC006574

  • Company No.

    006574

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1974

  • Date of AGM

    28 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment
Company report

Asian Bearings Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Palaniappan Muthu Country flag representing In Managing Director19-Mar-1991Current

Board Members (2)

NameDesignationAppointment DateStatus
Mulupuru Rao Country flag representing In Director 05-Jul-2003Current
Govinda Babu Country flag representing In Director 24-Jul-2012Current

Financial Performance of Asian Bearings.

Asian Bearings revenue growth over time
Asian 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Asian Bearings?

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Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.67 Cr

Satisfied Charges

₹59.94 Cr

Charges Breakdown by Lending Institutions

  • Industrial Industrial Finence Corp Of India : 5.60 Cr
  • Industrial Finence Corp Of India : 2.29 Cr
  • Industrial Finance Corpotn. Of India : 0.90 Cr
  • State Industries Promotion Corpof Tamilnadu Ltd : 0.48 Cr
  • Industrial Finance Corporation Of India : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 1984State Industries Promotion Corpof Tamilnadu Ltd₹4.80 MOpen
27 Dec 1983Industrial Industrial Finence Corp Of India₹3.80 CrOpen
10 Dec 1981Industrial Finance Corpotn. Of India₹9.00 MOpen
03 Dec 1981Industrial Finence Corp Of India₹1.00 CrOpen
03 Dec 1981Industrial Industrial Finence Corp Of India₹1.80 CrOpen

How Many Employees Work at Asian Bearings?

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Employee growth trends for Asian Bearings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asian 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 Asian Bearings's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Asian Bearings

Recent activity within the organization

  • Charges

    A charge registered on 16 Jun 1989 via Charge ID 90302474 with The Industrial Credit Investment Corporation Of India Ltd was fully satisfied on 25 Apr 2023.

  • Charges

    A charge registered on 27 Dec 1983 via Charge ID 90299446 with The Industrial Credit Inestment Corp Of Indi Altd was fully satisfied on 25 Apr 2023.

  • Charges

    A charge registered on 15 Sep 1983 via Charge ID 90299425 with The Industrial Cridet And Investment Corporation Of India Lt was fully satisfied on 25 Apr 2023.

  • Charges

    A charge registered on 17 Mar 1999 via Charge ID 80056142 with Bank Of Madura Ltd was fully satisfied on 22 Dec 2022.

  • Charges

    A charge registered on 20 May 1998 via Charge ID 80056141 with Bank Of Madura Ltd was fully satisfied on 22 Dec 2022.

  • Charges

    A charge registered on 18 Aug 1992 via Charge ID 90300212 with Bank Of Madura was fully satisfied on 22 Dec 2022.

Frequently asked questions

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

    Asian Bearings Limited was incorporated on 19 Mar 1974.

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

    The authorized share capital of Asian Bearings Limited is ₹ 17.00 Cr and paid-up capital is ₹ 15.04 Cr.

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

    Currently 3 directors are associated with Asian Bearings Limited.

    • Mulupuru Venkateswara Rao
    • Palaniappan Muthu
    • Govinda Rajulu Babu

  • What is the registered address of Asian Bearings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asian Bearings Limited is 14 Peters Road, Royapettah India, Chennai, Tamil Nadu, 600014.

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

    The corporate identification number (CIN) of Asian Bearings Limited is U29130TN1974PLC006574 and the company number is 006574 as per Ministry of Corporate Affairs (MCA).

  • What are the total open charges for Asian Bearings Limited?

    As per the financial statements for fiscal Year , The total open charges for Asian Bearings Limited amount to ₹ 9.67 Cr.

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

    The most recent Balance Sheet for Asian Bearings Limited was filed with the ROC on 31 Mar 2022.

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