Assomac Machines Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.40 M
- Company Age 38 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.03 Cr
- Revenue Growth 16.57%
- Profit Growth 13.78%
- Ebitda 13.78%
- Net Worth 20.19%
- Total Assets 13.96%
About Assomac Machines
Assomac Machines Limited. (AML) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 June 1986 and has a history of 38 years and eight months. Its registered office is in Ghaziabad, Uttar Pradesh, 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 5.00 M and a paid-up capital of Rs 3.40 M.
The company has closed loans amounting to ₹5.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rakesh Saini, Taru Tyagi, Ashish Tyagi, and Two other members serve as directors at the Company.
Company Details
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Location
Ghaziabad, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27101UP1986PLC007952
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Company No.
007952
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
03 Jun 1986
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
What products or services does Assomac Machines Limited. offer?
Assomac Machines Limited. offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Hoist, Wire Drawing & Cabling Machines, Wire Machinery, Welding Equipments & Machinery, Electric Welding Machine, Wire Forming Machine, Cables & Wiring Components, Wire Accessories, Wire Drawing Machines.
Who are the key members and board of directors at Assomac Machines?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Tyagi
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Managing Director | 01-Jul-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Mamta Tyagi
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Director | 15-Dec-1989 | Current |
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Rakesh Saini
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Director | 01-Oct-2014 | Current |
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Taru Tyagi
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Director | 19-Apr-2021 | Current |
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Nirmal Singh
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Whole-Time Director | 08-Nov-1988 | Current |
Financial Performance of Assomac Machines.
Assomac Machines Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 16.57% increase. The company also saw a substantial improvement in profitability, with a 13.78% increase in profit. The company's net worth Soared by an impressive increase of 20.19%.
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What is the Ownership and Shareholding Structure of Assomac Machines?
In 2023, Assomac Machines had a promoter holding of 40.87% and a public holding of 59.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Eak Automobiles Private LimitedAshish Tyagi and Mamta Tyagi are mutual person
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Assomach Sales Private LimitedAshish Tyagi is a mutual person
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Eak Motors Llp
Mamta Tyagi is a mutual person
Charges (Loans)
₹0
₹50.33 M
Charges Breakdown by Lending Institutions
- Central Bank Of India : 2.41 Cr
- Central Bank Of India; B.R.I.A. Branch; : 1.51 Cr
- The Pradedhiya Industrial & Investment Corp. Of U.P. Ltd. : 0.60 Cr
- Small Industries Development Bank Of India : 0.45 Cr
- Bank Of India : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2015 | Central Bank Of India | ₹0.80 M | Satisfied |
| 29 Apr 2015 | Central Bank Of India | ₹2.30 M | Satisfied |
| 16 Jul 2010 | Small Industries Development Bank Of India | ₹1.28 M | Satisfied |
| 25 May 2010 | Small Industries Development Bank Of India | ₹3.24 M | Satisfied |
| 11 Mar 2005 | Central Bank Of India | ₹2.00 M | Satisfied |
How Many Employees Work at Assomac Machines?
Assomac Machines has a workforce of 194 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 Assomac Machines, 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 Assomac Machines'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.
