Austin Bearings Private Limited

Manufacturer and distributor of various types of bearings for water pumps, textiles, automobiles, and machinery.

1999 | Nashik, Maharashtra (India) | Active
Last Updated: July 05, 2024

Austin Bearings Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.20 M
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 42.85%
  • Profit Growth 2904.69%
  • Ebitda -14.93%
  • Net Worth 6.96%
  • Total Assets 1.64%

About Austin Bearings

Austin Bearings Private Limited (ABPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 1999 and has a history of 25 years and seven months. Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Financial Services 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹5.20 M. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Vaishali Puranik, Shekhar Lunawat, and Vaibhav Puranik serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130MH1999PTC120297

  • Company No.

    120297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Engineering

Who are the key members and board of directors at Austin Bearings?

Board Members (3)

Name Designation Appointment Date Status
Vaishali Puranik Country flag representing In Director 01-Dec-2010 Current
Shekhar Lunawat Country flag representing In Director 30-Nov-2012 Current
Vaibhav Puranik Country flag representing In Director 08-Aug-2006 Current

Financial Performance of Austin Bearings.

Austin Bearings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.85% increase. The company also saw a substantial improvement in profitability, with a 2904.69% increase in profit. The company's net worth moved up by a moderate rise of 6.96%.

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
42.85%
Revenue from Operations
Total Assets
1.64%
Profit or Loss
2904.69%
Net Worth
6.96%
EBITDA
-14.93%

What is the Ownership and Shareholding Structure of Austin Bearings?

In 2023, Austin Bearings 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

₹5.20 M

Satisfied Charges

₹0.50 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.49 Cr
  • State Bank Of India : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
27 Jun 2007 Bank Of Baroda ₹2.45 M Open
19 Apr 2007 Bank Of Baroda ₹2.45 M Open
12 Oct 2000 State Bank Of India ₹0.30 M Open
24 Dec 2002 State Bank Of India ₹0.50 M Satisfied

How Many Employees Work at Austin Bearings?

Unlock and access historical data on people associated with Austin Bearings, 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 Austin Bearings, 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 Austin Bearings'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 Austin Bearings

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Austin Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 24 Dec 2002 via Charge ID 90146378 with State Bank Of India was fully satisfied on 20 Apr 2017.

    20 Apr 2017

  • Director Appointment

    Shekhar Subhash Lunawat was appointed as a Director was appointed as a Director on 30 Nov 2012 & has been associated with this company since 12 years 2 months .

    30 Nov 2012

  • Director Appointment

    Vaishali Vinayak Puranik was appointed as a Director was appointed as a Director on 01 Dec 2010 & has been associated with this company since 14 years 2 months .

    01 Dec 2010

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 2.45 M with Charge ID 10063523 was registered on 27 Jun 2007.

    27 Jun 2007

Frequently asked questions

  • Austin Bearings Private Limited was incorporated on 14 Jun 1999.

  • The authorized share capital of Austin Bearings Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Austin Bearings Private Limited.

    • Vaishali Vinayak Puranik
    • Shekhar Subhash Lunawat
    • Vaibhav Vinayak Puranik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Austin Bearings Private Limited is Plot No 87/3 Street No 17M I D C Satpur, Nashik, Maharashtra, India, 422007.

  • The corporate identification number (CIN) of Austin Bearings Private Limited is U29130MH1999PTC120297 and the company number is 120297 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Austin Bearings Private Limited has risen by 42.85%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Austin Bearings Private Limited has experienced an upsurge of 6.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Austin Bearings Private Limited amount to ₹ 5.20 M.

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

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