Asian Fab Tec Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.73 Cr
- Company Age 24 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,324.52 Cr
- Satisfied Charges ₹ 115.66 Cr
- Revenue Growth 19.74%
- Profit Growth 22.67%
- Ebitda 12.95%
- Net Worth 16.04%
- Total Assets 4.30%
About Asian Fab Tec
Asian Fab Tec Limited (AFTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 August 2000 and has a history of 24 years and seven months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Asian Cylinders 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.73 Cr.
The company currently has active open charges totaling ₹1,324.52 Cr. The company has closed loans amounting to ₹115.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shashikala Rajanna, Anasuya, Nanjareddy Aswathreddy, and Four other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U23203KA2000PLC027616
- Company No.
027616
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Aug 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
Energy and Power
What products or services does Asian Fab Tec Limited offer?
Asian Fab Tec Limited offers a wide range of products and services, including Building & Real Estate Developers, Road Construction, Solar Power Plants, Turnkey Consultants & Solutions, Turnkey Solutions, Fabrication Works, Fabrication Services, Residential Construction Projects, House Construction Services, Electrical Contractor.
Who are the key members and board of directors at Asian Fab Tec?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashikala Rajanna  | Whole-Time Director | 18-Mar-2015 | Current |
| Anasuya | Director | 14-Aug-2000 | Current |
| Nanjareddy Aswathreddy | Director | 29-Sep-2017 | Current |
| Dinakar Barandadi | Director | 05-Jan-2015 | Current |
| Kannaghatta Pavan | Whole-Time Director | 20-Dec-2013 | Current |
| Kannaghatta Srinivas | Whole-Time Director | 20-Dec-2013 | Current |
Financial Performance of Asian Fab Tec.
Asian Fab Tec Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 19.74% increase. The company also saw a substantial improvement in profitability, with a 22.67% increase in profit. The company's net worth Soared by an impressive increase of 16.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Fab Tec?
In 2022, Asian Fab Tec 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)
Viji Power Transformers Private LimitedDinakar Barandadi is a mutual person
Electrical Energy Equipments India Private LimitedNanjareddy Aswathreddy is a mutual person
Evexia Nutritions Private LimitedKannaghatta Pavan and Kannaghatta Srinivas are mutual person
Ark Clean Energy Private LimitedKannaghatta Pavan and Kannaghatta Srinivas are mutual person
Charges (Loans)
Open Charges
₹1,324.52 Cr
Satisfied Charges
₹115.66 Cr
Charges Breakdown by Lending Institutions
- Others : 931.83 Cr
- Indian Bank : 387.71 Cr
- Axis Bank Limited : 4.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2024 | Others | ₹1.36 Cr | Open |
| 30 Mar 2024 | Others | ₹60.00 Cr | Open |
| 30 Mar 2024 | Others | ₹61.00 Cr | Open |
| 27 Jun 2023 | Axis Bank Limited | ₹4.98 Cr | Open |
| 01 Jul 2022 | Indian Bank | ₹4.00 Cr | Open |
How Many Employees Work at Asian Fab Tec?
Asian Fab Tec has a workforce of 593 employees as of Apr 03, 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 Fab Tec, 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 Fab Tec'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 Fab Tec
Recent activity within the organization
- Annual General Meeting
Asian Fab Tec Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 1.36 Cr with Charge ID 100952428 was registered on 17 Jul 2024.
- Charges
A charge with Others of Rs. 50.50 Cr registered on 07 Feb 2020 with Charge ID 100359976 was modified on 26 Jun 2024.
- Charges
A charge with Others of Rs. 50.50 Cr registered on 07 Feb 2020 with Charge ID 100359989 was modified on 26 Jun 2024.
- Balance Sheet
Asian Fab Tec Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100936821 was registered on 30 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Asian Fab Tec Limited?
Asian Fab Tec Limited was incorporated on 14 Aug 2000.
What is authorized share capital and paid-up capital of Asian Fab Tec Limited?
The authorized share capital of Asian Fab Tec Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.73 Cr.
Who are the current board members & directors of Asian Fab Tec Limited?
Currently 7 directors are associated with Asian Fab Tec Limited.
- Shashikala Bangalore Rajanna
- Anasuya
- Nanjareddy Aswathreddy
- Dinakar Barandadi
- Kannaghatta Puttaswamy Gowda Pavan
- Kannaghatta Puttaswamy Gowda Srinivas
- Hanumanthayanapalya Venkataramaiah Ramakrishnaiah
What is the registered address of Asian Fab Tec Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Fab Tec Limited is Plot No.15 Ii Phase, Peenya Industrial Area India, Bangalore, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Asian Fab Tec Limited?
The corporate identification number (CIN) of Asian Fab Tec Limited is U23203KA2000PLC027616 and the company number is 027616 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asian Fab Tec Limited?
The Official website of Asian Fab Tec Limited is https://www.asianfabtec.com
What has been the recent revenue trend for Asian Fab Tec Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Asian Fab Tec Limited has risen by 19.74%.
How many employees does Asian Fab Tec Limited currently have?
As Per 2022 financial reports, 593 employees are currently employed by Asian Fab Tec Limited.
What change has been observed in the net worth of Asian Fab Tec Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Asian Fab Tec Limited has experienced an upsurge of 16.04%.
What are the total open charges for Asian Fab Tec Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Asian Fab Tec Limited amount to ₹ 1,324.52 Cr.
When was the last Balance Sheet of Asian Fab Tec Limited filed with the ROC?
The most recent Balance Sheet for Asian Fab Tec Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
HV
Hassan VishwanathDirectorVG
Venkataramane GowdaDirectorPK
Puttaswamygowda KannaghattaManaging DirectorSP
Seshasai ParthasarathyDirector