Asian Business Exhibition & Conferences Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 8.92 Cr
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.68 Cr
- Satisfied Charges ₹ 6.80 Cr
- Revenue Growth 160.40%
- Profit Growth 132.04%
- Ebitda 92.86%
- Net Worth 1.59%
- Total Assets -2.25%
About Asian Business Exhibition & Conferences
Asian Business Exhibition & Conferences Limited (ABECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 April 2007 and has a history of 18 years and one month. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 8.92 Cr.
The company currently has active open charges totaling ₹2.68 Cr. The company has closed loans amounting to ₹6.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sumit Gandhi, Manish Gandhi, and Bulbeer Gandhi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74900MH2007PLC169832
- Company No.
169832
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Apr 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Events and Entertainment
What products or services does Asian Business Exhibition & Conferences Limited offer?
Asian Business Exhibition & Conferences Limited offers a wide range of products and services, including Chemical Plants & Machinery, Petrochemical Refineries, Event Planners & Organizers, Event Promotional Services, Real Estate Agent & Property Dealers, Commercial Property, Corporate Events & Party Organizers, Entertainment Events, Residential Interior Designers, Interior Furnishings.
Asian Business Exhibition & Conferences Limited
Explore comprehensive data for Asian Business Exhibition & Conferences Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Asian Business Exhibition & Conferences?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumit Gandhi  | Managing Director | 01-Oct-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manish Gandhi | Whole-Time Director | 01-Oct-2009 | Current |
| Bulbeer Gandhi | Director | 11-Mar-2013 | Current |
Financial Performance of Asian Business Exhibition & Conferences.
Asian Business Exhibition & Conferences Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 160.4% increase. The company also saw a substantial improvement in profitability, with a 132.04% increase in profit. The company's net worth moved up by a moderate rise of 1.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asian Business Exhibition & Conferences?
In 2022, Asian Business Exhibition & Conferences had a promoter holding of 100.00%. 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)
- Abec Exhibitions & Conferences Private Limited
Sumit Gandhi and Manish Gandhi are mutual person
Oil Asia Publication Private LimitedSumit Gandhi and Manish Gandhi are mutual person
- New Media 29 Events Private Limited
Sumit Gandhi and Manish Gandhi are mutual person
- Worldwide Business Exhibitions & Conferences Private Limited
Sumit Gandhi and Manish Gandhi are mutual person
- Blazeblends Food Private Limited
Bulbeer Gandhi is a mutual person
Charges (Loans)
Open Charges
₹2.68 Cr
Satisfied Charges
₹6.80 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.64 Cr
- Others : 0.47 Cr
- Icici Bank Limited : 0.38 Cr
- Tata Capital Limited : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Aug 2023 | Hdfc Bank Limited | ₹1.40 Cr | Open |
| 25 Nov 2022 | Others | ₹4.70 M | Open |
| 20 Jan 2021 | Hdfc Bank Limited | ₹2.40 M | Open |
| 27 Mar 2011 | Tata Capital Limited | ₹1.88 M | Open |
| 09 Apr 2008 | Icici Bank Limited | ₹3.78 M | Open |
How Many Employees Work at Asian Business Exhibition & Conferences?
Unlock and access historical data on people associated with Asian Business Exhibition & Conferences, 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 Exhibition & Conferences, 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 Exhibition & Conferences'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 Exhibition & Conferences
Recent activity within the organization
- Charges
A charge registered on 22 Apr 2022 via Charge ID 100587934 with Hdfc Bank Limited was fully satisfied on 05 Jul 2024.
- Annual General Meeting
Asian Business Exhibition & Conferences Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.40 Cr with Charge ID 100812844 was registered on 04 Aug 2023.
- Balance Sheet
Asian Business Exhibition & Conferences Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 0.47 Cr with Charge ID 100659573 was registered on 25 Nov 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.44 Cr with Charge ID 100587934 was registered on 22 Apr 2022.
Recent News, Updates & Announcement
ABEC Launches 6000-L Single-Use Bioreactor.The company’s Custom Single Run product line now has available bioreactors with working volumes of up to 6000 L..
Frequently asked questions
What is the Incorporation or founding date of Asian Business Exhibition & Conferences Limited?
Asian Business Exhibition & Conferences Limited was incorporated on 10 Apr 2007.
What is authorized share capital and paid-up capital of Asian Business Exhibition & Conferences Limited?
The authorized share capital of Asian Business Exhibition & Conferences Limited is ₹ 25.00 Cr and paid-up capital is ₹ 8.92 Cr.
Who are the current board members & directors of Asian Business Exhibition & Conferences Limited?
Currently 3 directors are associated with Asian Business Exhibition & Conferences Limited.
- Sumit Mohansingh Gandhi
- Manish Mohan Singh Gandhi
- Bulbeer Kaur Sumit Gandhi
What is the registered address of Asian Business Exhibition & Conferences Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Business Exhibition & Conferences Limited is 530 Laxmi Plaza Laxmi Industrial Estat Andheri(W), India, Mumbai, Maharashtra, 400053.
What is the corporate identification number (CIN) and company number of Asian Business Exhibition & Conferences Limited?
The corporate identification number (CIN) of Asian Business Exhibition & Conferences Limited is U74900MH2007PLC169832 and the company number is 169832 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asian Business Exhibition & Conferences Limited?
The Official website of Asian Business Exhibition & Conferences Limited is https://www.abec.asia
What has been the recent revenue trend for Asian Business Exhibition & Conferences Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asian Business Exhibition & Conferences Limited has risen by 160.40%.
What change has been observed in the net worth of Asian Business Exhibition & Conferences Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asian Business Exhibition & Conferences Limited has experienced an upsurge of 1.59%.
What are the total open charges for Asian Business Exhibition & Conferences Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Asian Business Exhibition & Conferences Limited amount to ₹ 2.68 Cr.
When was the last Balance Sheet of Asian Business Exhibition & Conferences Limited filed with the ROC?
The most recent Balance Sheet for Asian Business Exhibition & Conferences Limited was filed with the ROC on 31 Mar 2023.
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