Associated Industrial Furnaces Private Ltd

Manufacturer and trader of furnace and ancillary equipment for steel and non-ferrous industries, offering turnkey contracts and heat treatment services.

1989 | Kolkata, West Bengal (India) | Active
Last Updated:

Associated Industrial Furnaces Profile

Key Indicators

  • Authorised Capital ₹ 3.75 Cr
  • Paid Up Capital ₹ 2.75 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.07 Cr
  • Satisfied Charges ₹ 68.86 Cr
  • Revenue Growth 74.61%
  • Profit Growth 521.75%
  • Ebitda 117.47%
  • Net Worth 1.34%
  • Total Assets 19.64%

About Associated Industrial Furnaces

Associated Industrial Furnaces Private Ltd (AIFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 1989 and has a history of 36 years and four months. Its registered office is in Kolkata, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.75 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.

Saket Agarwal, Chetan Prakash, and Vinay Agarwal 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

    U74899WB1989PTC175152

  • Company No.

    175152

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment
Company report

Associated Industrial Furnaces Private Ltd

Explore comprehensive data for Associated Industrial Furnaces Private Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Associated Industrial Furnaces?

Board Members (3)

NameDesignationAppointment DateStatus
Saket Agarwal Country flag representing In Director 05-Mar-2007Current
Chetan Prakash Country flag representing In Additional Director 31-Jul-2020Current
Vinay Agarwal Country flag representing In Director 27-May-2022Current

Financial Performance 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%.

Associated Industrial Furnaces revenue growth over time
Associated Industrial Furnaces 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
74.61%
Revenue from Operations
81.50%
Total Assets
19.64%
Profit or Loss
521.75%
Net Worth
1.34%
EBITDA
117.47%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.07 Cr

Satisfied Charges

₹68.86 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 32.07 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2017Axis Bank Limited₹25.57 CrOpen
30 Nov 2017Axis Bank Limited₹6.50 CrOpen
19 Sep 2015Icici Bank Limited₹3.00 MSatisfied
19 Sep 2015Icici Bank Limited₹3.00 MSatisfied
19 Dec 2014Icici Bank Limited₹1.00 CrSatisfied

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.

Employee growth trends for Associated Industrial Furnaces Private Ltd

Deals i

Graph showing company valuation over time

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

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 Associated Industrial Furnaces

Recent activity within the organization

  • Annual General Meeting

    Associated Industrial Furnaces Private Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Associated Industrial Furnaces Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 19 Sep 2015 via Charge ID 10592770 with Icici Bank Limited was fully satisfied on 19 Aug 2023.

  • Charges

    A charge registered on 19 Sep 2015 via Charge ID 10592775 with Icici Bank Limited was fully satisfied on 19 Aug 2023.

  • Charges

    A charge registered on 19 Dec 2014 via Charge ID 10539040 with Icici Bank Limited was fully satisfied on 19 Aug 2023.

  • Charges

    A charge registered on 19 Dec 2014 via Charge ID 10539042 with Icici Bank Limited was fully satisfied on 19 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Associated Industrial Furnaces Private Ltd?

    Associated Industrial Furnaces Private Ltd was incorporated on 03 Jan 1989.

  • What is authorized share capital and paid-up capital of Associated Industrial Furnaces Private Ltd?

    The authorized share capital of Associated Industrial Furnaces Private Ltd is ₹ 3.75 Cr and paid-up capital is ₹ 2.75 Cr.

  • Who are the current board members & directors of Associated Industrial Furnaces Private Ltd?

    Currently 3 directors are associated with Associated Industrial Furnaces Private Ltd.

    • Saket Agarwal
    • Chetan Prakash
    • Vinay Agarwal
  • What is the registered address of Associated Industrial Furnaces Private Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Associated Industrial Furnaces Private Ltd is Flat No. 4A 4Th Floor 238B, A.J.C Bose Road India, Kolkata, West Bengal, 700020.

  • What is the corporate identification number (CIN) and company number of Associated Industrial Furnaces Private Ltd?

    The corporate identification number (CIN) of Associated Industrial Furnaces Private Ltd is U74899WB1989PTC175152 and the company number is 175152 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Associated Industrial Furnaces Private Ltd?

    The Official website of Associated Industrial Furnaces Private Ltd is https://www.associated-furnaces.com

  • What has been the recent revenue trend for Associated Industrial Furnaces Private Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Associated Industrial Furnaces Private Ltd has risen by 74.61%.

  • How many employees does Associated Industrial Furnaces Private Ltd currently have?

    As Per 2023 financial reports, 46 employees are currently employed by Associated Industrial Furnaces Private Ltd.

  • What change has been observed in the net worth of Associated Industrial Furnaces Private Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Associated Industrial Furnaces Private Ltd has experienced an upsurge of 1.34%.

  • What are the total open charges for Associated Industrial Furnaces Private Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Associated Industrial Furnaces Private Ltd amount to ₹ 32.07 Cr.

  • When was the last Balance Sheet of Associated Industrial Furnaces Private Ltd filed with the ROC?

    The most recent Balance Sheet for Associated Industrial Furnaces Private Ltd was filed with the ROC on 31 Mar 2024.

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