Asian Tire Factory Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.88 Cr
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.22 Cr
- Satisfied Charges ₹ 7.70 Cr
- Revenue Growth 42.53%
- Profit Growth 40.40%
- Ebitda 77.86%
- Net Worth 39.75%
- Total Assets 3.58%
About Asian Tire Factory
Asian Tire Factory Limited (ATFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 May 2008 and has a history of 16 years and nine months. Its registered office is in Jalandhar, Punjab, India.
The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 4.88 Cr.
The company currently has active open charges totaling ₹21.22 Cr. The company has closed loans amounting to ₹7.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajnish Dhawan, Geeta Dhawan, Rajeev Bhasin, and Two other members serve as directors at the Company.
Company Details
- Location
Jalandhar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25113PB2008PLC031934
- Company No.
031934
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
Asian Tire Factory Limited
Explore comprehensive data for Asian Tire Factory Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Asian Tire Factory?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajnish Dhawan  | Managing Director | 19-May-2008 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Monir Verma | Whole-Time Director | 27-May-2014 | Current |
| Geeta Dhawan | Whole-Time Director | 19-May-2008 | Current |
| Rajeev Bhasin | Whole-Time Director | 12-Feb-2013 | Current |
| Sadhvi Kapoor | Director | 12-Feb-2013 | Current |
Financial Performance of Asian Tire Factory.
Asian Tire Factory Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.53% increase. The company also saw a substantial improvement in profitability, with a 40.4% increase in profit. The company's net worth Soared by an impressive increase of 39.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asian Tire Factory?
In 2023, Asian Tire Factory had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Butyl Poly Products Pvt LtdRajnish Dhawan and Rajeev Bhasin are mutual person
- Atf Infrastructure & Investment Private Limited
Rajnish Dhawan, Geeta Dhawan and 1 more are mutual person
Charges (Loans)
Open Charges
₹21.22 Cr
Satisfied Charges
₹7.70 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 20.00 Cr
- Hdfc Bank Limited : 1.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2023 | Hdfc Bank Limited | ₹1.22 Cr | Open |
| 06 Jan 2009 | State Bank Of India | ₹20.00 Cr | Open |
| 19 Feb 2018 | Others | ₹2.70 Cr | Satisfied |
| 23 Sep 2011 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Asian Tire Factory?
Asian Tire Factory has a workforce of 313 employees as of Mar 31, 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 Tire Factory, 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 Tire Factory'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 Tire Factory
Recent activity within the organization
- Charges
A charge with State Bank Of India of Rs. 20.00 Cr registered on 06 Jan 2009 with Charge ID 10142056 was modified on 18 Oct 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.22 Cr with Charge ID 100828527 was registered on 31 Oct 2023.
- Annual General Meeting
Asian Tire Factory Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Asian Tire Factory Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge registered on 19 Feb 2018 via Charge ID 100160838 with Others was fully satisfied on 13 Dec 2022.
- Charges
A charge with Others amounted to Rs. 2.70 Cr with Charge ID 100160838 was registered on 19 Feb 2018.
Frequently asked questions
What is the Incorporation or founding date of Asian Tire Factory Limited?
Asian Tire Factory Limited was incorporated on 19 May 2008.
What is authorized share capital and paid-up capital of Asian Tire Factory Limited?
The authorized share capital of Asian Tire Factory Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.88 Cr.
Who are the current board members & directors of Asian Tire Factory Limited?
Currently 5 directors are associated with Asian Tire Factory Limited.
- Rajnish Dhawan
- Geeta Dhawan
- Rajeev Bhasin
- Sadhvi Dhawan Kapoor
- Monir Verma
What is the registered address of Asian Tire Factory Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Tire Factory Limited is D-37 Focal Point India, Jalandhar, Punjab, 144004.
What is the corporate identification number (CIN) and company number of Asian Tire Factory Limited?
The corporate identification number (CIN) of Asian Tire Factory Limited is U25113PB2008PLC031934 and the company number is 031934 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asian Tire Factory Limited?
The Official website of Asian Tire Factory Limited is https://www.atftyre.com
What has been the recent revenue trend for Asian Tire Factory Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asian Tire Factory Limited has risen by 42.53%.
How many employees does Asian Tire Factory Limited currently have?
As Per 2023 financial reports, 313 employees are currently employed by Asian Tire Factory Limited.
What change has been observed in the net worth of Asian Tire Factory Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asian Tire Factory Limited has experienced an upsurge of 39.75%.
What are the total open charges for Asian Tire Factory Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Asian Tire Factory Limited amount to ₹ 21.22 Cr.
When was the last Balance Sheet of Asian Tire Factory Limited filed with the ROC?
The most recent Balance Sheet for Asian Tire Factory Limited was filed with the ROC on 31 Mar 2023.
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