Asian Tea And Exports Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 20.00 Cr
- Company Age 38 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.44 Cr
- Satisfied Charges ₹ 64.73 Cr
- Revenue Growth -50.57%
- Profit Growth -173.83%
- Ebitda -132.42%
- Net Worth -0.94%
- Total Assets -27.58%
About Asian Tea And Exports
Asian Tea And Exports Ltd (ATAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 February 1987 and has a history of 38 years and two months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519532.
The Corporate was formerly known as Sita Plantations Ltd. The Company is engaged in the Agriculture 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 30.00 Cr and a paid-up capital of Rs 20.00 Cr.
The company currently has active open charges totaling ₹17.44 Cr. The company has closed loans amounting to ₹64.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asian Tea And Exports Ltd India are Rajesh Garg as CFO and Anjali Shaw as Company Secretary. Hariram Garg, Sunil Garg, Rama Garg, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L24219WB1987PLC041876
- Company No.
041876
- Stock Symbol
BSE : 519532
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Feb 1987
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Agriculture
Food and Beverages
Asian Tea And Exports Ltd
Explore comprehensive data for Asian Tea And Exports Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Asian Tea And Exports?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hariram Garg  | Managing Director | 27-Oct-1994 | Current |
| Rajesh Garg | CFO | 29-May-2014 | Current |
| Anjali Shaw | Company Secretary | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Garg | Director | 16-Dec-1999 | Current |
| Rama Garg | Director | 21-Jul-2014 | Current |
| Akhil Manglik | Director | 06-Sep-2021 | Current |
| Manish Jajodia | Director | 30-Mar-2023 | Current |
| Sushil Nevatia | Director | 21-Jul-2014 | Current |
Financial Performance of Asian Tea And Exports.
Asian Tea And Exports Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.57% decrease. The company also saw a substantial fall in profitability, with a 173.83% decrease in profit. The company's net worth dipped by a decrease of 0.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asian Tea And Exports?
In 2023, Asian Tea And Exports had a promoter holding of 67.01% and a public holding of 32.99%. The company had 3 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Doyapore Tea & Industries Pvt.Ltd.Sunil Garg is a mutual person
Asian Tea Company Private LimitedSunil Garg is a mutual person
Asian Housing And Infrastructure LimitedHariram Garg is a mutual person
Indong Tea Company LimitedHariram Garg, Rama Garg and 2 more are mutual person
- Asian Capital Market Ltd.
Hariram Garg is a mutual person
Hrg Merchants LlpHariram Garg is a mutual person
Charges (Loans)
Open Charges
₹17.44 Cr
Satisfied Charges
₹64.73 Cr
Charges Breakdown by Lending Institutions
- Others : 12.44 Cr
- Axis Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jan 2022 | Others | ₹1.50 M | Open |
| 19 Mar 2021 | Axis Bank Limited | ₹5.00 Cr | Open |
| 19 Mar 2019 | Others | ₹12.29 Cr | Open |
| 13 Dec 2019 | Axis Bank Limited | ₹7.50 Cr | Satisfied |
| 19 May 2014 | State Bank Of India | ₹52.00 Cr | Satisfied |
How Many Employees Work at Asian Tea And Exports?
Asian Tea And Exports has a workforce of 5 employees as of Apr 07, 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 Tea And Exports, 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 Tea And Exports'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 Tea And Exports
Recent activity within the organization
- Annual General Meeting
Asian Tea And Exports Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Asian Tea And Exports Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 19 Mar 2021 with Charge ID 100433995 was modified on 01 Dec 2022.
- Charges
A charge registered on 19 May 2014 via Charge ID 10509029 with State Bank Of India was fully satisfied on 30 Sep 2022.
- Charges
A charge with Others of Rs. 12.29 Cr registered on 19 Mar 2019 with Charge ID 100270388 was modified on 15 Jun 2022.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100545864 was registered on 05 Jan 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Asian Tea And Exports Ltd?
Asian Tea And Exports Ltd was incorporated on 11 Feb 1987.
What is authorized share capital and paid-up capital of Asian Tea And Exports Ltd?
The authorized share capital of Asian Tea And Exports Ltd is ₹ 30.00 Cr and paid-up capital is ₹ 20.00 Cr.
Who are the current board members & directors of Asian Tea And Exports Ltd?
Currently 8 directors are associated with Asian Tea And Exports Ltd.
- Hariram Garg
- Sunil Garg
- Rama Garg
- Akhil Kumar Manglik
- Manish Jajodia
- Sushil Kumar Nevatia
- Rajesh Garg
- Anjali Shaw
What is the registered address of Asian Tea And Exports Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Tea And Exports Ltd is Sikkim Commerce House4/1 Middleton St, Kolkata, West Bengal, India, 700071.
What is the corporate identification number (CIN) and company number of Asian Tea And Exports Ltd?
The corporate identification number (CIN) of Asian Tea And Exports Ltd is L24219WB1987PLC041876 and the company number is 041876 as per Ministry of Corporate Affairs (MCA).
Is Asian Tea And Exports Ltd registered with any stock exchange in India?
Yes, Asian Tea And Exports Ltd is registered on Bombay Stock Exchange (BSE).
What is the official website of Asian Tea And Exports Ltd?
The Official website of Asian Tea And Exports Ltd is https://www.asianteaexports.com
What has been the recent revenue trend for Asian Tea And Exports Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Asian Tea And Exports Ltd has fallen by -50.57%.
How many employees does Asian Tea And Exports Ltd currently have?
As Per 2023 financial reports, 5 employees are currently employed by Asian Tea And Exports Ltd.
What change has been observed in the net worth of Asian Tea And Exports Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asian Tea And Exports Ltd has experienced an downturn of -0.94%.
What are the total open charges for Asian Tea And Exports Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Asian Tea And Exports Ltd amount to ₹ 17.44 Cr.
When was the last Balance Sheet of Asian Tea And Exports Ltd filed with the ROC?
The most recent Balance Sheet for Asian Tea And Exports Ltd was filed with the ROC on 31 Mar 2023.
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