Atal Tea Co (1943) Ltd

Produces CTC black tea and markets under two brands.

1942 | Kolkata, West Bengal (India) | Active
Last Updated: October 23, 2024

Atal Tea Co (1943) Profile

Key Indicators

  • Authorised Capital ₹ 6.30 M
  • Paid Up Capital ₹ 5.30 M
  • Company Age 82 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.28 Cr
  • Satisfied Charges ₹ 4.25 Cr
  • Revenue Growth -0.59%
  • Profit Growth -182.63%
  • Ebitda -33.52%
  • Net Worth -7.32%
  • Total Assets 15.88%

About Atal Tea Co (1943)

Atal Tea Co (1943) Ltd (ATC1L) was founded in India on 22 December 1942 and has a glorious history of 82 years and two months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Agriculture 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 6.30 M and a paid-up capital of Rs 5.30 M.

The company currently has active open charges totaling ₹12.28 Cr. The company has closed loans amounting to ₹4.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Roy, Roshan Agarwala, Ashok Bansal, and Three other members 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

    U01132WB1942PLC011153

  • Company No.

    011153

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 1942

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture

Who are the key members and board of directors at Atal Tea Co (1943)?

Board Members (6)

NameDesignationAppointment DateStatus
Harsh Bansal Country flag representing In Director 19-Jun-2015Current
Amit Roy Country flag representing In Director 11-Apr-1989Current
Roshan Agarwala Country flag representing In Director 15-Dec-2004Current
Ashok Bansal Country flag representing In Director 18-Dec-1989Current
Vivek Bansal Country flag representing In Director 19-Jun-2015Current
Shiv Agarwala Country flag representing In Director 14-Jun-2000Current

Financial Performance of Atal Tea Co (1943).

Atal Tea Co (1943) Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.59% decrease. The company also saw a substantial fall in profitability, with a 182.63% decrease in profit. The company's net worth dipped by a decrease of 7.32%.

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
-0.59%
Revenue from Operations
-0.51%
Total Assets
15.88%
Profit or Loss
-182.63%
Net Worth
-7.32%
EBITDA
-33.52%

What is the Ownership and Shareholding Structure of Atal Tea Co (1943)?

In 2023, Atal Tea Co (1943) had a promoter holding of 14.28% and a public holding of 85.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹122.80 M

Satisfied Charges

₹42.50 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 12.28 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2023Uco Bank₹9.80 MOpen
04 Nov 2020Uco Bank₹1.35 CrOpen
26 Jun 1995Uco Bank₹9.95 CrOpen
24 Sep 2019Uco Bank₹7.60 MSatisfied
07 Jun 2010Uco Bank₹9.90 MSatisfied

How Many Employees Work at Atal Tea Co (1943)?

Atal Tea Co (1943) has a workforce of 748 employees as of Mar 27, 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 Atal Tea Co (1943), 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 Atal Tea Co (1943)'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 Atal Tea Co (1943)

Recent activity within the organization

  • Charges

    A charge with Uco Bank of Rs. 99.50 M registered on 26 Jun 1995 with Charge ID 90253620 was modified on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge with Uco Bank amounted to Rs. 9.80 M with Charge ID 100836012 was registered on 27 Dec 2023.

    27 Dec 2023

  • Annual General Meeting

    Atal Tea Co (1943) Ltd last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Atal Tea Co (1943) Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 24 Sep 2019 via Charge ID 100290544 with Uco Bank was fully satisfied on 28 Oct 2021.

    28 Oct 2021

  • Charges

    A charge with Uco Bank amounted to Rs. 13.50 M with Charge ID 100392240 was registered on 04 Nov 2020.

    04 Nov 2020

Frequently asked questions

  • Atal Tea Co (1943) Ltd was incorporated on 22 Dec 1942.

  • The authorized share capital of Atal Tea Co (1943) Ltd is ₹ 6.30 M and paid-up capital is ₹ 5.30 M.

  • Currently 6 directors are associated with Atal Tea Co (1943) Ltd.

    • Amit Roy
    • Roshan Lal Agarwala
    • Ashok Kumar Bansal
    • Vivek Bansal
    • Harsh Bansal
    • Shiv Prasad Agarwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Atal Tea Co (1943) Ltd is 4 Chittaranjan Avenuehindustan Building India, Kolkata, West Bengal, 700072.

  • The corporate identification number (CIN) of Atal Tea Co (1943) Ltd is U01132WB1942PLC011153 and the company number is 011153 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Atal Tea Co (1943) Ltd has fallen by -0.59%.

  • As Per 2023 financial reports, 748 employees are currently employed by Atal Tea Co (1943) Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Atal Tea Co (1943) Ltd has experienced an downturn of -7.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Atal Tea Co (1943) Ltd amount to ₹ 12.28 Cr.

  • The most recent Balance Sheet for Atal Tea Co (1943) Ltd was filed with the ROC on 31 Mar 2023.

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