Asian Business Connections Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 79.72 Cr
- Company Age 15 Year, 4 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 7,662.50 Cr
- Satisfied Charges ₹ 2,115.00 Cr
- Revenue Growth -62.90%
- Profit Growth 84.69%
- Ebitda 96.73%
- Net Worth -2.79%
- Total Assets 0.30%
About Asian Business Connections
Asian Business Connections Private Limited (ABCPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 November 2009 and has a history of 15 years and four months. Its registered office is in Bhopal, Madhya Pradesh, India.
The Company is engaged in the Events And Entertainment 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 100.00 Cr and a paid-up capital of Rs 79.72 Cr.
The company currently has active open charges totaling ₹7,662.50 Cr. The company has closed loans amounting to ₹2,115.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jijo John and Maneesh Singh serve as directors at the Company.
Company Details
- Location
Bhopal, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51109MP2009PTC022634
- Company No.
022634
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Nov 2009
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Events and Entertainment
Real Estate and Construction
Agriculture
Who are the key members and board of directors at Asian Business Connections?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jijo John  | Director | 23-Oct-2023 | Current |
| Maneesh Singh | Director | 30-Nov-2022 | Current |
Financial Performance of Asian Business Connections.
Asian Business Connections Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 62.9% decrease. The company also saw a substantial improvement in profitability, with a 84.69% increase in profit. The company's net worth dipped by a decrease of 2.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asian Business Connections?
In 2022, Asian Business Connections had a promoter holding of 100.00%. The company had 14 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Carnival Jalsa Talkies Private Limited
Jijo John is a mutual person
- Carnival Infrastructure Madhya Pradesh Private Limited
Jijo John is a mutual person
- Periyar Gaushala Foundation
Jijo John is a mutual person
Advantage Oils Private LimitedJijo John and Maneesh Singh are mutual person
- Advantage Overseas Marketing And Financial Services Private Limited
Jijo John and Maneesh Singh are mutual person
- Global Business Conexxtions Private Limited
Jijo John is a mutual person
Charges (Loans)
Open Charges
₹7,662.50 Cr
Satisfied Charges
₹2,115.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 6249.50 Cr
- Idbi Trusteeship Services Limited : 773.00 Cr
- Syndicate Bank : 330.00 Cr
- Others : 310.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2018 | Idbi Trusteeship Services Limited | ₹133.00 Cr | Open |
| 19 Feb 2018 | Idbi Trusteeship Services Limited | ₹50.00 Cr | Open |
| 19 Feb 2018 | Idbi Trusteeship Services Limited | ₹335.00 Cr | Open |
| 19 Feb 2018 | Idbi Trusteeship Services Limited | ₹45.00 Cr | Open |
| 19 Feb 2018 | Others | ₹310.00 Cr | Open |
How Many Employees Work at Asian Business Connections?
Unlock and access historical data on people associated with Asian Business Connections, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Asian Business Connections, 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 Business Connections'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 Asian Business Connections
Recent activity within the organization
- Director Appointment
Jijo John was appointed as a Director was appointed as a Director on 23 Oct 2023 & has been associated with this company since 1 year 5 months .
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 133.00 Cr registered on 25 Aug 2018 with Charge ID 100253176 was modified on 16 Dec 2022.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 50.00 Cr registered on 19 Feb 2018 with Charge ID 100173582 was modified on 16 Dec 2022.
- Charges
A charge with Others of Rs. 310.00 Cr registered on 19 Feb 2018 with Charge ID 100173597 was modified on 16 Dec 2022.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 100.00 Cr registered on 19 Feb 2018 with Charge ID 100173601 was modified on 16 Dec 2022.
- Director Appointment
Maneesh Kumar Singh was appointed as a Director was appointed as a Director on 30 Nov 2022 & has been associated with this company since 2 years 3 months .
Recent News, Updates & Announcement
Competition watchdog dismisses complaint against PVR, Inox, 3 others.Four multiplex chains, PVR Ltd, Inox, Cinepolis India Pvt Ltd and Carnival Motion Pictures, are members of FICCI Multiplex Association of India which promotes the interest of multiplexes and theatre operators. .
- Carnival Group to acquire Qatar’s multiplex chain from Elan Group.
While the financial details were not disclosed, sources say the deal is pegged between Rs 500-690 crore ($75-100 million)..
Frequently asked questions
What is the Incorporation or founding date of Asian Business Connections Private Limited?
Asian Business Connections Private Limited was incorporated on 13 Nov 2009.
What is authorized share capital and paid-up capital of Asian Business Connections Private Limited?
The authorized share capital of Asian Business Connections Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 79.72 Cr.
Who are the current board members & directors of Asian Business Connections Private Limited?
Currently 2 directors are associated with Asian Business Connections Private Limited.
- Jijo John
- Maneesh Kumar Singh
What is the registered address of Asian Business Connections Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Business Connections Private Limited is Fm-18 Mansarovar Complex 7 No Stop Shivaji Nagar, India, Bhopal, Madhya Pradesh, 462016.
What is the corporate identification number (CIN) and company number of Asian Business Connections Private Limited?
The corporate identification number (CIN) of Asian Business Connections Private Limited is U51109MP2009PTC022634 and the company number is 022634 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asian Business Connections Private Limited?
The Official website of Asian Business Connections Private Limited is https://www.groupcarnival.com
What has been the recent revenue trend for Asian Business Connections Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Asian Business Connections Private Limited has fallen by -62.90%.
What change has been observed in the net worth of Asian Business Connections Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Asian Business Connections Private Limited has experienced an downturn of -2.79%.
What are the total open charges for Asian Business Connections Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Asian Business Connections Private Limited amount to ₹ 7,662.50 Cr.
When was the last Balance Sheet of Asian Business Connections Private Limited filed with the ROC?
The most recent Balance Sheet for Asian Business Connections Private Limited was filed with the ROC on 31 Mar 2022.
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