Asian Contec Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 17-12-2024
- Paid Up Capital ₹ 0.18 K
as on 17-12-2024
- Company Age 41 Year, 2 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 29.90 Cr
as on 17-12-2024
- Satisfied Charges ₹ 16.20 Cr
as on 17-12-2024
- Revenue -100.00%
(FY 2022)
- Profit -100.00%
(FY 2022)
- Ebitda -100.00%
(FY 2022)
- Net Worth -100.00%
(FY 2022)
- Total Assets -100.00%
(FY 2022)
About Asian Contec
The Corporate was formerly known as Asian Contec Private Limited. 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 3.00 Cr and a paid-up capital of Rs 0.18 K .
The company currently has active open charges totaling ₹29.90 Cr. The company has closed loans amounting to ₹16.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinay Nagrath, Harvinder Singh, Rajat Nagrath, and One other member serve as directors at the Company.
- CIN/LLPIN
U74899DL1983PLC016847
- Company No.
016847
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Oct 1983
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Asian Contec Limited offer?
Asian Contec Limited offers a wide range of products and services, including Measurement Gauges & Gauge Fittings, Thickness Gauge, Measuring Equipments & Instruments, Light Meters, Relays and Contactors, Ground & Phase Protection Relay, Electrical & Electronic Test Devices, Power Meters, Metal, Security & Safety Detectors, Metal Detector.
Who are the key members and board of directors at Asian Contec?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Nagrath  | Director | 30-Mar-2001 | Current |
| Rajat Nagrath | Whole-Time Director | 15-Apr-1995 | Current |
| Harvinder Singh | Whole-Time Director | 15-Apr-1995 | Current |
| Neera Nagrath | Director | 29-Sep-2006 | Current |
Financial Performance of Asian Contec.
Asian Contec Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asian Contec?
In 2021, Asian Contec had a promoter holding of 97.91% and a public holding of 2.09%. 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)
Northern Electrocom Private LimitedActive 28 years 10 monthsVinay Nagrath and Neera Nagrath are mutual person
- Netcom Ventures Private LimitedActive 12 years 9 months
Vinay Nagrath and Rajat Nagrath are mutual person
- Netware Fibretech Private LimitedActive 23 years 6 months
Vinay Nagrath, Harvinder Singh and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 24 Jan 2024 | ₹25.00 Cr | Open |
The Jammu And Kashmir Bank Limited Creation Date: 29 Jun 2011 | ₹4.90 Cr | Open |
Hdfc Bank Limited Creation Date: 27 Feb 2018 | ₹10.00 Cr | Satisfied |
How Many Employees Work at Asian Contec?
Asian Contec has a workforce of 26 employees as of Mar 28, 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 Asian Contec, 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 Contec'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.
