Asiatic Composite Limited

Manufacturer and trader of composite products for transportation, sport, chemical, railways, and infrastructure sectors.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 02, 2024

Asiatic Composite Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.21 M
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 11.33 Cr
  • Revenue Growth -2.49%
  • Profit Growth -120.34%
  • Ebitda -602.41%
  • Net Worth -57.25%
  • Total Assets -7.22%

About Asiatic Composite

Asiatic Composite Limited (ACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 November 2011 and has a history of 13 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

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 5.00 M and a paid-up capital of Rs 1.21 M.

The company currently has active open charges totaling ₹11.33 Cr.

Mahesh Agrawal, Vibhor Agarwal, Sanchi Agrawal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asiaticcomposite.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26900GJ2011PLC067758

  • Company No.

    067758

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2011

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Asiatic Composite Limited offer?

Asiatic Composite Limited offers a wide range of products and services, including Automobile Body Coach Building, Automotive Body Parts, Gate, Grilles, Fences & Railings, Plastic Fences, Steel Bars, Rods, Plates & Sheets, Steel Bars, Staircase, Balusters and Stair Parts, Handrail and Handrail Fittings, Alloy, Metal and High Strength Bolts, Anchor Bolts.

Who are the key members and board of directors at Asiatic Composite?

Board Members (4)

NameDesignationAppointment DateStatus
Mahesh Agrawal Country flag representing In Director 09-Nov-2011Current
Vibhor Agarwal Country flag representing In Director 09-Nov-2011Current
Sanchi Agrawal Country flag representing In Director 15-Sep-2021Current
Vinay Chiripal Country flag representing In Director Current

Financial Performance of Asiatic Composite.

Asiatic Composite Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.49% decrease. The company also saw a substantial fall in profitability, with a 120.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 57.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-2.49%
Revenue from Operations
-1.24%
Total Assets
-7.22%
Profit or Loss
-120.34%
Net Worth
-57.25%
EBITDA
-602.41%

What is the Ownership and Shareholding Structure of Asiatic Composite?

In 2021, Asiatic Composite had a promoter holding of 47.34% and a public holding of 52.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹113.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 11.33 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2020Bank Of India₹5.90 MOpen
08 Aug 2019Bank Of India₹5.32 CrOpen
01 Aug 2019Bank Of India₹5.42 CrOpen

How Many Employees Work at Asiatic Composite?

Asiatic Composite has a workforce of 11 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asiatic Composite, 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 Asiatic Composite's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Asiatic Composite

Recent activity within the organization

  • Annual General Meeting

    Asiatic Composite Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Asiatic Composite Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Sanchi Vibhor Agrawal was appointed as a Director was appointed as a Director on 15 Sep 2021 & has been associated with this company since 3 years 5 months .

    15 Sep 2021

  • Charges

    A charge with Bank Of India amounted to Rs. 5.90 M with Charge ID 100398407 was registered on 31 Jul 2020.

    31 Jul 2020

  • Charges

    A charge with Bank Of India of Rs. 54.20 M registered on 01 Aug 2019 with Charge ID 100283865 was modified on 11 May 2020.

    11 May 2020

  • Charges

    A charge with Bank Of India amounted to Rs. 53.20 M with Charge ID 100283868 was registered on 08 Aug 2019.

    08 Aug 2019

Frequently asked questions

  • Asiatic Composite Limited was incorporated on 09 Nov 2011.

  • The authorized share capital of Asiatic Composite Limited is ₹ 5.00 M and paid-up capital is ₹ 1.21 M.

  • Currently 4 directors are associated with Asiatic Composite Limited.

    • Mahesh Kashiram Agrawal
    • Vibhor Maheshkumar Agarwal
    • Sanchi Vibhor Agrawal
    • Vinay Prakash Chiripal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asiatic Composite Limited is 1963/1/91A 1963/1/91B Village:Mankol Nr. Hathipura Patiya Nalsarovar Road, India, Sanand, Gujarat, 382110.

  • The corporate identification number (CIN) of Asiatic Composite Limited is U26900GJ2011PLC067758 and the company number is 067758 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asiatic Composite Limited is https://www.asiaticcomposite.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Asiatic Composite Limited has fallen by -2.49%.

  • As Per 2022 financial reports, 11 employees are currently employed by Asiatic Composite Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Asiatic Composite Limited has experienced an downturn of -57.25%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Asiatic Composite Limited amount to ₹ 11.33 Cr.

  • The most recent Balance Sheet for Asiatic Composite Limited was filed with the ROC on 31 Mar 2022.

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