Atul Fasteners Private Limited

Manufacturer of fasteners for construction, automotive, and refrigeration industries, exporting globally.

1995 | Punjab, Punjab (India) | Active
Last Updated: November 17, 2024

Atul Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.24 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.42 Cr
  • Satisfied Charges ₹ 11.88 Cr
  • Revenue Growth 60.18%
  • Profit Growth 82.04%
  • Ebitda 33.20%
  • Net Worth 21.01%
  • Total Assets 14.59%

About Atul Fasteners

Atul Fasteners Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 July 1995 and has a history of 29 years and six months. Its registered office is in Punjab, Punjab.

The Corporate was formerly known as Atul Fasteners 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 1.00 Cr and a paid-up capital of Rs 8.24 M.

The company currently has active open charges totaling ₹33.42 Cr. The company has closed loans amounting to ₹11.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Luther and Atul Luther serve as directors at the Company.

Company Details

  • Location
    Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309PB1995PTC016746

  • Company No.

    016746

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

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

Board Members (2)

Name Designation Appointment Date Status
Atul Luther Country flag representing In Whole-Time Director 01-Jan-2013 Current
Raj Luther Country flag representing In Whole-Time Director 07-Jul-1995 Current

Financial Performance of Atul Fasteners.

Atul Fasteners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.18% increase. The company also saw a substantial improvement in profitability, with a 82.04% increase in profit. The company's net worth Soared by an impressive increase of 21.01%.

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
60.18%
Revenue from Operations
60.73%
Total Assets
14.59%
Profit or Loss
82.04%
Net Worth
21.01%
EBITDA
33.20%

What is the Ownership and Shareholding Structure of Atul Fasteners?

In 2023, Atul Fasteners 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

₹33.42 Cr

Satisfied Charges

₹11.88 Cr

Charges Breakdown by Lending Institutions

  • Sidbi : 17.49 Cr
  • Others : 12.42 Cr
  • Small Industries Development Bank Of India : 2.35 Cr
  • Small Industires Development Bank Of India : 0.85 Cr
  • Axis Bank Limited : 0.31 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2024 Sidbi ₹1.00 Cr Open
21 Mar 2023 Sidbi ₹2.70 Cr Open
24 Nov 2022 Sidbi ₹3.55 Cr Open
24 Mar 2022 Sidbi ₹1.55 Cr Open
07 Jan 2022 Sidbi ₹1.19 Cr Open

How Many Employees Work at Atul Fasteners?

Atul Fasteners has a workforce of 104 employees as of Mar 28, 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 Atul Fasteners, 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 Fasteners'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 Fasteners

Recent activity within the organization

  • Annual General Meeting

    Atul Fasteners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 11.57 Cr registered on 25 Jul 2014 with Charge ID 10515516 was modified on 26 Jun 2024.

    26 Jun 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100932422 was registered on 31 May 2024.

    31 May 2024

  • Balance Sheet

    Atul Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 2.70 Cr with Charge ID 100690386 was registered on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 3.55 Cr with Charge ID 100642898 was registered on 24 Nov 2022.

    24 Nov 2022

Frequently asked questions

  • Atul Fasteners Private Limited was incorporated on 07 Jul 1995.

  • The authorized share capital of Atul Fasteners Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.24 M.

  • Currently 2 directors are associated with Atul Fasteners Private Limited.

    • Raj Kumar Luther
    • Atul Luther
  • As per Ministry of Corporate Affairs (Mca), the registered address of Atul Fasteners Private Limited is C 45 Phase Iiiindustrial Area Mohali Ropar India, Punjab.

  • The corporate identification number (CIN) of Atul Fasteners Private Limited is U29309PB1995PTC016746 and the company number is 016746 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Atul Fasteners Private Limited is https://www.atulfasteners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Atul Fasteners Private Limited has risen by 60.18%.

  • As Per 2023 financial reports, 104 employees are currently employed by Atul Fasteners Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Atul Fasteners Private Limited has experienced an upsurge of 21.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Atul Fasteners Private Limited amount to ₹ 33.42 Cr.

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

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