Atul Electro Formers Limited

Manufactures and sells FRP/GRP pultruded products such as grating, profiles, and cable trays.

1997 | Pune, Maharashtra (India) | Active
Last Updated: December 19, 2024

Atul Electro Formers Profile

Key Indicators

  • Authorised Capital ₹ 6.60 Cr
  • Paid Up Capital ₹ 2.53 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 14.92 Cr
  • Revenue Growth 8.79%
  • Profit Growth 1121.81%
  • Ebitda 3.40%
  • Net Worth 3.64%
  • Total Assets -7.98%

About Atul Electro Formers

Atul Electro Formers Limited (AEFL) is a Public Limited Indian Non-Government Company incorporated in India on 12 February 1997 and has a history of 27 years and 11 months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Balaji Composites 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 2024. It's a company limited by shares with an authorized capital of Rs 6.60 Cr and a paid-up capital of Rs 2.53 Cr.

The company has closed loans amounting to ₹14.92 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Gayatri Yargop, Suresh Kango, Nitin Kibe, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26102PN1997PLC105810

  • Company No.

    105810

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1997

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Atul Electro Formers Limited offer?

Atul Electro Formers Limited offers a wide range of products and services, including Antennas, Wifi & Communication Tower, Communication Towers, Wire Mesh & Gratings, Gratings, Fiber Glass Products, FRP Products, Industrial Racks & Storage System, Industrial Storage Rack.

Who are the key members and board of directors at Atul Electro Formers?

Board Members (4)

Name Designation Appointment Date Status
Gayatri Yargop Country flag representing In Director 11-Aug-1997 Current
Suresh Kango Country flag representing In Director 04-Aug-2008 Current
Nitin Kibe Country flag representing In Director 12-Feb-1997 Current
Atul Dandage Country flag representing In Director 02-Jun-2015 Current

Financial Performance of Atul Electro Formers.

Atul Electro Formers Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.79% increase. The company also saw a substantial improvement in profitability, with a 1121.81% increase in profit. The company's net worth moved up by a moderate rise of 3.64%.

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
8.79%
Revenue from Operations
2449.43%
Total Assets
-7.98%
Profit or Loss
1121.81%
Net Worth
3.64%
EBITDA
3.40%

What is the Ownership and Shareholding Structure of Atul Electro Formers?

In 2019, Atul Electro Formers had a promoter holding of 65.84% and a public holding of 34.16%. 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

₹14.92 Cr

Charges Breakdown by Lending Institutions

  • The Shamrao Vithal Co-Operative Bank Limited : 6.37 Cr
  • The Shamrao Vitthal Co-Operative Bank Limited : 5.05 Cr
  • The United Western Bank Ltd. : 1.28 Cr
  • The Shamrao Vithal Co-Op. Bank : 1.25 Cr
  • The Sharma Vithal Co Operative Bank Limited : 0.65 Cr
  • Others : 0.33 Cr

Latest Charge Details

Date Lender Amount Status
13 Sep 2012 The Shamrao Vithal Co-Operative Bank Limited ₹9.00 M Satisfied
13 Sep 2012 The Shamrao Vithal Co-Operative Bank Limited ₹1.76 Cr Satisfied
13 Sep 2012 The Shamrao Vithal Co-Operative Bank Limited ₹1.76 Cr Satisfied
06 Jun 2005 The Shamrao Vithal Co-Op. Bank ₹1.25 Cr Satisfied
11 Jun 2002 The Shamrao Vitthal Co-Operative Bank Limited ₹3.10 Cr Satisfied

How Many Employees Work at Atul Electro Formers?

Unlock and access historical data on people associated with Atul Electro Formers, 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 Atul Electro Formers, 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 Atul Electro Formers'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 Atul Electro Formers

Recent activity within the organization

  • Annual General Meeting

    Atul Electro Formers Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Balance Sheet

    Atul Electro Formers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 30 Sep 2000 via Charge ID 90091369 with Icici Ltd. was fully satisfied on 09 Feb 2022.

    09 Feb 2022

  • Charges

    A charge registered on 13 Sep 2012 via Charge ID 10379940 with The Shamrao Vithal Co-Operative Bank Limited was fully satisfied on 01 Dec 2015.

    01 Dec 2015

  • Director Appointment

    Atul Vinayak Dandage was appointed as a Director was appointed as a Director on 02 Jun 2015 & has been associated with this company since 9 years 8 months .

    02 Jun 2015

  • Charges

    A charge registered on 13 Sep 2012 via Charge ID 10379946 with The Shamrao Vithal Co-Operative Bank Limited was fully satisfied on 21 Apr 2015.

    21 Apr 2015

Frequently asked questions

  • Atul Electro Formers Limited was incorporated on 12 Feb 1997.

  • The authorized share capital of Atul Electro Formers Limited is ₹ 6.60 Cr and paid-up capital is ₹ 2.53 Cr.

  • Currently 4 directors are associated with Atul Electro Formers Limited.

    • Gayatri Jaydeep Yargop
    • Suresh Ganesh Kango
    • Nitin Padmakar Kibe
    • Atul Vinayak Dandage
  • As per Ministry of Corporate Affairs (Mca), the registered address of Atul Electro Formers Limited is Sr. No 10 Final Plot 408 Unit 13 Kubera Estate, Gultekdi India, Pune, Maharashtra, 411037.

  • The corporate identification number (CIN) of Atul Electro Formers Limited is U26102PN1997PLC105810 and the company number is 105810 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Atul Electro Formers Limited is https://www.aefl.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Atul Electro Formers Limited has risen by 8.79%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Atul Electro Formers Limited has experienced an upsurge of 3.64%.

  • The most recent Balance Sheet for Atul Electro Formers Limited was filed with the ROC on 31 Mar 2024.

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