Austenite Fasteners Private Limited

Manufacturer of fasteners for various industries including automotive, railway, and engineering.

2012 | Vadodara, Gujarat (India) | Active
Last Updated: June 16, 2024

Austenite Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.35 Cr
  • Satisfied Charges ₹ 12.93 Cr
  • Revenue Growth 28.64%
  • Profit Growth 32.20%
  • Ebitda 19.89%
  • Net Worth 11.99%
  • Total Assets 10.77%

About Austenite Fasteners

Austenite Fasteners Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 2012 and has a history of 12 years and ten months. Its registered office is in Vadodara, Gujarat, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹3.35 Cr. The company has closed loans amounting to ₹12.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kunjal Parikh and Pragnesh Parikh serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    austenitefasteners.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2012PTC069927

  • Company No.

    069927

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Apr 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Austenite Fasteners Private Limited offer?

Austenite Fasteners Private Limited offers a wide range of products and services, including Head Bolt, Round Head Bolts, Alloy, Metal and Industrial Nuts, Nuts, Threaded Fastener, Threaded Rods, Alloy, Metal and Machine Screws, Hex Screw, Socket Head Cap Screw, Hexagon Socket Head Cap Screw.

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

Board Members (2)

Name Designation Appointment Date Status
Kunjal Parikh Country flag representing In Director 17-Apr-2012 Current
Pragnesh Parikh Country flag representing In Director 17-Apr-2012 Current

Financial Performance of Austenite Fasteners.

Austenite Fasteners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.64% increase. The company also saw a substantial improvement in profitability, with a 32.2% increase in profit. The company's net worth Soared by an impressive increase of 11.99%.

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
28.64%
Revenue from Operations
28.48%
Total Assets
10.77%
Profit or Loss
32.20%
Net Worth
11.99%
EBITDA
19.89%

What is the Ownership and Shareholding Structure of Austenite Fasteners?

In 2023, Austenite 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

₹33.47 M

Satisfied Charges

₹129.30 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.24 Cr
  • Others : 0.11 Cr

Latest Charge Details

Date Lender Amount Status
17 Mar 2022 Axis Bank Limited ₹3.24 Cr Open
09 Dec 2019 Others ₹1.07 M Open
06 Oct 2020 Others ₹3.97 M Satisfied
09 Dec 2019 Others ₹2.39 Cr Satisfied
14 Sep 2017 Yes Bank Limited ₹2.68 Cr Satisfied

How Many Employees Work at Austenite Fasteners?

Austenite Fasteners has a workforce of 30 employees as of Apr 06, 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 Austenite 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 Austenite 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 Austenite Fasteners

Recent activity within the organization

  • Annual General Meeting

    Austenite Fasteners Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Austenite Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 06 Oct 2020 via Charge ID 100384136 with Others was fully satisfied on 22 Apr 2022.

    22 Apr 2022

  • Charges

    A charge registered on 09 Dec 2019 via Charge ID 100318700 with Others was fully satisfied on 11 Apr 2022.

    11 Apr 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 32.40 M with Charge ID 100567594 was registered on 17 Mar 2022.

    17 Mar 2022

  • Charges

    A charge registered on 14 Sep 2017 via Charge ID 100124410 with Yes Bank Limited was fully satisfied on 11 Aug 2021.

    11 Aug 2021

Frequently asked questions

  • Austenite Fasteners Private Limited was incorporated on 17 Apr 2012.

  • The authorized share capital of Austenite Fasteners Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

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

    • Kunjal Pragnesh Parikh
    • Pragnesh Krushnakant Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Austenite Fasteners Private Limited is 917/5/A Gidc Industrial Estate Makarpura, Vadodara, Gujarat, India, 390010.

  • The corporate identification number (CIN) of Austenite Fasteners Private Limited is U27109GJ2012PTC069927 and the company number is 069927 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Austenite Fasteners Private Limited is https://www.austenitefasteners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Austenite Fasteners Private Limited has risen by 28.64%.

  • As Per 2023 financial reports, 30 employees are currently employed by Austenite Fasteners Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Austenite Fasteners Private Limited has experienced an upsurge of 11.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Austenite Fasteners Private Limited amount to ₹ 3.35 Cr.

  • The most recent Balance Sheet for Austenite Fasteners Private Limited was filed with the ROC on 31 Mar 2023.

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