Astec Valves & Fittings Private Limited

Manufacturer of valves, fittings, and instrument systems for various industries, with prestigious awards and high-profile clients.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Astec Valves & Fittings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.00 Cr
  • Satisfied Charges ₹ 11.78 Cr
  • Revenue Growth 51.79%
  • Profit Growth 10.09%
  • Ebitda 5.59%
  • Net Worth 12.20%
  • Total Assets 23.52%

About Astec Valves & Fittings

Astec Valves & Fittings Private Limited (AVFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 October 1987 and has a history of 37 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Astek Instruments Private Limited. 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 5.00 M and a paid-up capital of Rs 2.70 M.

The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹11.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kiranbir Kohli, Ettekotu Vijayan, Lloyd Fernandes, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    astecflow.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28920MH1987PTC044985

  • Company No.

    044985

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Manufacturing

Who are the key members and board of directors at Astec Valves & Fittings?

Board Members (4)

Name Designation Appointment Date Status
Kiranbir Kohli Country flag representing In Director 14-Oct-1987 Current
Ettekotu Vijayan Country flag representing In Director 01-Apr-2017 Current
Lloyd Fernandes Country flag representing In Director 15-Sep-2022 Current
Sherry Kiranbirsingh Country flag representing In Director 10-Nov-2013 Current

Financial Performance of Astec Valves & Fittings.

Astec Valves & Fittings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.79% increase. The company also saw a substantial improvement in profitability, with a 10.09% increase in profit. The company's net worth Soared by an impressive increase of 12.2%.

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
51.79%
Revenue from Operations
51.00%
Total Assets
23.52%
Profit or Loss
10.09%
Net Worth
12.20%
EBITDA
5.59%

What is the Ownership and Shareholding Structure of Astec Valves & Fittings?

In 2023, Astec Valves & Fittings 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

₹140.00 M

Satisfied Charges

₹117.75 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 7.00 Cr
  • Others : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Oct 2023 Others ₹7.00 Cr Open
24 Mar 2006 Bank Of India ₹7.00 Cr Open
05 Nov 2014 Bank Of India ₹1.24 M Satisfied
20 May 2008 Bank Of India ₹11.30 Cr Satisfied
26 Sep 2005 Bank Of India ₹0.50 M Satisfied

How Many Employees Work at Astec Valves & Fittings?

Astec Valves & Fittings has a workforce of 220 employees as of Apr 08, 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 Astec Valves & Fittings, 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 Astec Valves & Fittings'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 Astec Valves & Fittings

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 70.00 M with Charge ID 100820526 was registered on 26 Oct 2023.

    26 Oct 2023

  • Annual General Meeting

    Astec Valves & Fittings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 05 Nov 2014 via Charge ID 10564530 with Bank Of India was fully satisfied on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge registered on 20 May 2008 via Charge ID 10104530 with Bank Of India was fully satisfied on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge with Bank Of India of Rs. 70.00 M registered on 24 Mar 2006 with Charge ID 10075450 was modified on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge registered on 26 Sep 2005 via Charge ID 90237727 with Bank Of India was fully satisfied on 21 Aug 2023.

    21 Aug 2023

Frequently asked questions

  • Astec Valves & Fittings Private Limited was incorporated on 14 Oct 1987.

  • The authorized share capital of Astec Valves & Fittings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.70 M.

  • Currently 4 directors are associated with Astec Valves & Fittings Private Limited.

    • Kiranbir Singh Kohli
    • Ettekotu Mampilly Vijayan
    • Lloyd Thomas Fernandes
    • Sherry Kohli Kiranbirsingh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Astec Valves & Fittings Private Limited is Ii Avantika Chs Nr. Hotel Tulip Star Birla Lane Vile Parle (West) Juhu, Mumbai, Maharashtra, India, 400049.

  • The corporate identification number (CIN) of Astec Valves & Fittings Private Limited is U28920MH1987PTC044985 and the company number is 044985 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Astec Valves & Fittings Private Limited is https://www.astecflow.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Astec Valves & Fittings Private Limited has risen by 51.79%.

  • As Per 2023 financial reports, 220 employees are currently employed by Astec Valves & Fittings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Astec Valves & Fittings Private Limited has experienced an upsurge of 12.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Astec Valves & Fittings Private Limited amount to ₹ 14.00 Cr.

  • The most recent Balance Sheet for Astec Valves & Fittings Private Limited was filed with the ROC on 31 Mar 2023.

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