Assotech Electronics Private Limited

Wholesale trading of fitness equipment, including treadmills, bikes, and gym machines.

2000 | Delhi, Delhi (India) | Active
Last Updated: June 16, 2024

Assotech Electronics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth 55.24%
  • Profit Growth 300.64%
  • Ebitda 32.29%
  • Net Worth 7.52%
  • Total Assets 1.90%

About Assotech Electronics

Assotech Electronics Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 August 2000 and has a history of 24 years and five months. Its registered office is in Delhi, Delhi, India.

The Company is engaged in the Consumer Goods 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 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹5.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hemant Agrawal and Satish Mittal serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32109DL2000PTC107378

  • Company No.

    107378

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

What products or services does Assotech Electronics Private Limited offer?

Assotech Electronics Private Limited offers a wide range of products and services, including Exercise Bikes & Fitness Equipments, Multifunction Fitness Equipment, Exercise Benches, Flat Weight Bench, Exercise & Fitness Equipment, Exercise Bike, Upright Bike, Gym Equipment, Fitness Equipment, Back Exercise Machine.

Who are the key members and board of directors at Assotech Electronics?

Board Members (2)

Name Designation Appointment Date Status
Hemant Agrawal Country flag representing In Director 22-Mar-2017 Current
Satish Mittal Country flag representing In Director 22-Mar-2017 Current

Financial Performance of Assotech Electronics.

Assotech Electronics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.24% increase. The company also saw a substantial improvement in profitability, with a 300.64% increase in profit. The company's net worth moved up by a moderate rise of 7.52%.

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
55.24%
Revenue from Operations
Total Assets
1.90%
Profit or Loss
300.64%
Net Worth
7.52%
EBITDA
32.29%

What is the Ownership and Shareholding Structure of Assotech Electronics?

In 2022, Assotech Electronics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹55.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.00 Cr
  • Federal Bank Ltd : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
05 Jan 2010 Axis Bank Limited ₹5.00 Cr Satisfied
24 Aug 2009 Federal Bank Ltd ₹5.00 M Satisfied

How Many Employees Work at Assotech Electronics?

Unlock and access historical data on people associated with Assotech Electronics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Assotech Electronics, 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 Assotech Electronics'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 Assotech Electronics

Recent activity within the organization

  • Annual General Meeting

    Assotech Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Assotech Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 05 Jan 2010 via Charge ID 10201944 with Axis Bank Limited was fully satisfied on 26 Mar 2021.

    26 Mar 2021

  • Director Appointment

    Hemant Kumar Agrawal was appointed as a Director was appointed as a Director on 22 Mar 2017 & has been associated with this company since 7 years 10 months .

    22 Mar 2017

  • Director Appointment

    Satish Mittal was appointed as a Director was appointed as a Director on 22 Mar 2017 & has been associated with this company since 7 years 10 months .

    22 Mar 2017

  • Charges

    A charge with Axis Bank Limited of Rs. 50.00 M registered on 05 Jan 2010 with Charge ID 10201944 was modified on 05 Jan 2013.

    05 Jan 2013

Frequently asked questions

  • Assotech Electronics Private Limited was incorporated on 21 Aug 2000.

  • The authorized share capital of Assotech Electronics Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Assotech Electronics Private Limited.

    • Hemant Kumar Agrawal
    • Satish Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Assotech Electronics Private Limited is House No.348 G.F. Shop No.5 Block-S Phase-Ii Prem Nagar, Delhi, India, 110086.

  • The corporate identification number (CIN) of Assotech Electronics Private Limited is U32109DL2000PTC107378 and the company number is 107378 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Assotech Electronics Private Limited has risen by 55.24%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Assotech Electronics Private Limited has experienced an upsurge of 7.52%.

  • The most recent Balance Sheet for Assotech Electronics Private Limited was filed with the ROC on 31 Mar 2023.

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