Associated Industrial Furnaces Profile
Key Indicators
- Authorised Capital ₹ 2.75 Cr
as on 16-06-2024
- Paid Up Capital ₹ 2.75 Cr
as on 16-06-2024
- Company Age 35 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 32.07 Cr
as on 16-06-2024
- Satisfied Charges ₹ 68.86 Cr
as on 16-06-2024
- Revenue 74.61%
(FY 2023)
- Profit 521.75%
(FY 2023)
- Ebitda 117.47%
(FY 2023)
- Net Worth 1.34%
(FY 2023)
- Total Assets 19.64%
(FY 2023)
About Associated Industrial Furnaces
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 2023. It's a company limited by shares with an authorized capital of Rs 2.75 Cr and a paid-up capital of Rs 2.75 Cr.
The company currently has active open charges totaling ₹32.07 Cr. The company has closed loans amounting to ₹68.86 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinay Agarwal, Chetan Prakash, and Saket Agarwal serve as directors at the Company.
- CIN/LLPIN
U74899WB1989PTC175152
- Company No.
175152
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 1989
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Associated Industrial Furnaces?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saket Agarwal  | Director | 05-Mar-2007 | Current |
| Vinay Agarwal | Director | 27-May-2022 | Current |
| Chetan Prakash | Additional Director | 31-Jul-2020 | Current |
Financial Performance and Corporate Structure Insights of Associated Industrial Furnaces.
Associated Industrial Furnaces Private Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 74.61% increase. The company also saw a substantial improvement in profitability, with a 521.75% increase in profit. The company's net worth moved up by a moderate rise of 1.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Associated Industrial Furnaces?
In 2023, Associated Industrial Furnaces had a promoter holding of 99.96% and a public holding of 0.04%. 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)
Rajtilak Mercantile Private LimitedActive 25 years 8 monthsVinay Agarwal and Saket Agarwal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 30 Nov 2017 | ₹25.57 Cr | Open |
Axis Bank Limited Creation Date: 30 Nov 2017 | ₹6.50 Cr | Open |
Icici Bank Limited Creation Date: 19 Sep 2015 | ₹3.00 M | Satisfied |
How Many Employees Work at Associated Industrial Furnaces?
Associated Industrial Furnaces has a workforce of 46 employees as of Apr 01, 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 Associated Industrial Furnaces, 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 Associated Industrial Furnaces'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.
