Atlas Copco (India) Private Limited

Manufactures air compressors, construction equipment, and industrial tools in Maharashtra.

1960 | Dapodi, Pune-411012., Maharashtra (India) | Active
Last Updated: July 17, 2024

Atlas Copco (India) Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 21.87 Cr
  • Company Age 65 Year, 5 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.15 Cr
  • Satisfied Charges ₹ 205.01 Cr
  • Revenue Growth 11.04%
  • Profit Growth 9.93%
  • Ebitda 13.01%
  • Net Worth 6.95%
  • Total Assets 8.92%

About Atlas Copco (India)

Atlas Copco (India) Private Limited (ACIPL) was founded in India on 28 January 1960 and has a glorious history of 65 years . Its registered office is in Dapodi, Pune-411012., Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 21.87 Cr.

The company currently has active open charges totaling ₹6.15 Cr. The company has closed loans amounting to ₹205.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Atlas Copco (India) Private Limited India are Mr Oza as COMPANY SECRETARY and Shachi Joshi as Cfo. Frans Niekerk, Peter Kinnart, Umesh Oza, and One other member serve as directors at the Company.

Company Details

  • Location

    Dapodi, Pune-411012., Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106PN1960PTC020566

  • Company No.

    020566

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1960

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Atlas Copco (India) Private Limited offer?

Atlas Copco (India) Private Limited offers a wide range of products and services, including Grinding & Polishing Tools, Angle Polisher, Pneumatic Tools, Pneumatic Screwdrivers, Pneumatic Grinders & Polishers, Air Grinder, Air Motors, Air Vane Motor, Hydraulic Tools, Atlas Copco Hydraulic Torque Wrench.

Who are the key members and board of directors at Atlas Copco (India)?

Executive Team (3)

Name Designation Appointment Date Status
Frans Niekerk Country flag representing Za Managing Director 01-Jan-2020 Current
Mr Oza Country flag representing In Company Secretary 01-Feb-2018 Current
Shachi Joshi Country flag representing In CFO 24-May-2021 Current

Board Members (3)

Name Designation Appointment Date Status
Peter Kinnart Country flag representing Be Director 30-Jun-2021 Current
Umesh Oza Country flag representing In Whole-Time Director and Company Secretary Current
Shachi Joshi Country flag representing In Whole-Time Director and Cfo Current

Financial Performance of Atlas Copco (India).

Atlas Copco (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.04% increase. The company also saw a slight improvement in profitability, with a 9.93% increase in profit. The company's net worth moved up by a moderate rise of 6.95%.

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
11.04%
Revenue from Operations
11.21%
Total Assets
8.92%
Profit or Loss
9.93%
Net Worth
6.95%
EBITDA
13.01%

What is the Ownership and Shareholding Structure of Atlas Copco (India)?

In 2023, Atlas Copco (India) had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.15 Cr

Satisfied Charges

₹205.01 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank- Malakpet Branch : 5.15 Cr
  • Andhra Bank - Malakpet Branch : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Sep 2004 Andhra Bank- Malakpet Branch ₹5.15 Cr Open
04 Aug 2004 Andhra Bank - Malakpet Branch ₹1.00 Cr Open
05 Nov 2008 Andhra Pradesh State Financial Corporation ₹6.00 M Satisfied
13 Mar 2008 Citi Bank N.A. ₹40.50 Cr Satisfied
31 Dec 2007 Citi Bank N.A. ₹25.00 Cr Satisfied

How Many Employees Work at Atlas Copco (India)?

Atlas Copco (India) has a workforce of 2764 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 Atlas Copco (India), 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 Atlas Copco (India)'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 Atlas Copco (India)

Recent activity within the organization

  • Charges

    A charge registered on 13 Mar 2008 via Charge ID 10095906 with Citi Bank N.A. was fully satisfied on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge with Citi Bank N.A. of Rs. 40.50 Cr registered on 13 Mar 2008 with Charge ID 10095906 was modified on 17 Jan 2024.

    17 Jan 2024

  • Annual General Meeting

    Atlas Copco (India) Private Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

    15 Sep 2023

  • Balance Sheet

    Atlas Copco (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Peter Hugo Kinnart was appointed as a Director was appointed as a Director on 30 Jun 2021 & has been associated with this company since 3 years 7 months .

    30 Jun 2021

  • Director Appointment

    Frans Jacobus Van Niekerk was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2020 & has been associated with this company since 5 years 1 month .

    01 Jan 2020

Frequently asked questions

  • Atlas Copco (India) Private Limited was incorporated on 28 Jan 1960.

  • The authorized share capital of Atlas Copco (India) Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 21.87 Cr.

  • Currently 6 directors are associated with Atlas Copco (India) Private Limited.

    • Frans Jacobus Van Niekerk
    • Peter Hugo Kinnart
    • Umesh Madanlal Oza
    • Shachi Sunit Joshi
    • Mr Umesh Oza
    • Shachi Sunit Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Atlas Copco (India) Private Limited is Sveanagar Mumbai-Pune RoadDapodi Pune-411012., Maharashtra, India.

  • The corporate identification number (CIN) of Atlas Copco (India) Private Limited is U27106PN1960PTC020566 and the company number is 020566 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Atlas Copco (India) Private Limited is https://www.atlascopco.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Atlas Copco (India) Private Limited has risen by 11.04%.

  • As Per 2023 financial reports, 2764 employees are currently employed by Atlas Copco (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Atlas Copco (India) Private Limited has experienced an upsurge of 6.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Atlas Copco (India) Private Limited amount to ₹ 6.15 Cr.

  • The most recent Balance Sheet for Atlas Copco (India) Private Limited was filed with the ROC on 31 Mar 2023.

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