Asian Contec Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 0.18 K
- Company Age 41 Year, 6 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 29.90 Cr
- Satisfied Charges ₹ 16.20 Cr
- Revenue Growth -100.00%
- Profit Growth -100.00%
- Ebitda -100.00%
- Net Worth -100.00%
- Total Assets -100.00%
About Asian Contec
Asian Contec Limited (ACL) is a Public Limited Indian Non-Government Company incorporated in India on 27 October 1983 and has a history of 41 years and six months. Its registered office is in Delhi, India.
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.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Machinery and Equipment
Telecom
Engineering
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.
Asian Contec Limited
Explore comprehensive data for Asian Contec Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 LimitedVinay Nagrath and Neera Nagrath are mutual person
- Netcom Ventures Private Limited
Vinay Nagrath and Rajat Nagrath are mutual person
- Netware Fibretech Private Limited
Vinay Nagrath, Harvinder Singh and 2 more are mutual person
Charges (Loans)
Open Charges
₹29.90 Cr
Satisfied Charges
₹16.20 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 25.00 Cr
- The Jammu And Kashmir Bank Limited : 4.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 29 Jun 2011 | The Jammu And Kashmir Bank Limited | ₹4.90 Cr | Open |
| 27 Feb 2018 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 31 May 2003 | Punjab National Bank | ₹6.20 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.
Latest Updates, News, and FAQs on Asian Contec
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100904992 was registered on 24 Jan 2024.
- Annual General Meeting
Asian Contec Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Charges
A charge registered on 31 May 2003 via Charge ID 90055925 with Punjab National Bank was fully satisfied on 03 Jun 2022.
- Balance Sheet
Asian Contec Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.
- Charges
A charge registered on 27 Feb 2018 via Charge ID 100190328 with Hdfc Bank Limited was fully satisfied on 19 Aug 2020.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100190328 was registered on 27 Feb 2018.
Frequently asked questions
What is the Incorporation or founding date of Asian Contec Limited?
Asian Contec Limited was incorporated on 27 Oct 1983.
What is authorized share capital and paid-up capital of Asian Contec Limited?
The authorized share capital of Asian Contec Limited is ₹ 3.00 Cr and paid-up capital is ₹ 0.18 K .
Who are the current board members & directors of Asian Contec Limited?
Currently 4 directors are associated with Asian Contec Limited.
- Vinay Nagrath
- Harvinder Singh
- Rajat Nagrath
- Neera Vinay Nagrath
What is the registered address of Asian Contec Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Contec Limited is B-28 Okhla Industrial Area Phase-I, India, New Delhi, 110020.
What is the corporate identification number (CIN) and company number of Asian Contec Limited?
The corporate identification number (CIN) of Asian Contec Limited is U74899DL1983PLC016847 and the company number is 016847 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asian Contec Limited?
The Official website of Asian Contec Limited is https://www.stanlay.in
What has been the recent revenue trend for Asian Contec Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Asian Contec Limited has fallen by -100.00%.
How many employees does Asian Contec Limited currently have?
As Per 2022 financial reports, 26 employees are currently employed by Asian Contec Limited.
What change has been observed in the net worth of Asian Contec Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Asian Contec Limited has experienced an downturn of -100.00%.
What are the total open charges for Asian Contec Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Asian Contec Limited amount to ₹ 29.90 Cr.
When was the last Balance Sheet of Asian Contec Limited filed with the ROC?
The most recent Balance Sheet for Asian Contec Limited was filed with the ROC on 31 Mar 2022.
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