Awagaman Road Carriers Limited

Transportation and logistics company providing services for goods, passengers, and merchandise.

1991 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Awagaman Road Carriers Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 2.30 Cr
  • Company Age 34 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.03 Cr
  • Satisfied Charges ₹ 4.53 Cr
  • Revenue Growth 19.38%
  • Profit Growth 242.08%
  • Ebitda 34.02%
  • Net Worth 5.11%
  • Total Assets 14.37%

About Awagaman Road Carriers

Awagaman Road Carriers Limited (ARCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 February 1991 and has a history of 34 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Awagaman Road Carriers Private Limited. The Company is engaged in the Transport And Logistics 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 7.00 Cr and a paid-up capital of Rs 2.30 Cr.

The company currently has active open charges totaling ₹33.03 Cr. The company has closed loans amounting to ₹4.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivek Garg, Lingareddy Srinivasa, Elumalai Kumar, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63090WB1991PLC050831

  • Company No.

    050831

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Transport and Logistics

Who are the key members and board of directors at Awagaman Road Carriers?

Executive Team (1)

Name Designation Appointment Date Status
Vijay Garg Country flag representing In Managing Director 04-Feb-1991 Current

Board Members (5)

Name Designation Appointment Date Status
Vivek Garg Country flag representing In Director 23-Aug-2010 Current
Lingareddy Srinivasa Country flag representing In Director 23-Jun-2023 Current
Elumalai Kumar Country flag representing In Director 14-Apr-2022 Current
Devashettahalli Suresh Country flag representing In Director 04-Apr-2022 Current
Pratik Garg Country flag representing In Director 26-Dec-2018 Current

Financial Performance of Awagaman Road Carriers.

Awagaman Road Carriers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.38% increase. The company also saw a substantial improvement in profitability, with a 242.08% increase in profit. The company's net worth moved up by a moderate rise of 5.11%.

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
19.38%
Revenue from Operations
19.53%
Total Assets
14.37%
Profit or Loss
242.08%
Net Worth
5.11%
EBITDA
34.02%

What is the Ownership and Shareholding Structure of Awagaman Road Carriers?

In 2023, Awagaman Road Carriers had a promoter holding of 33.03% and a public holding of 66.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.03 Cr

Satisfied Charges

₹4.53 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.45 Cr
  • Tata Capital Housing Finance Limited : 0.73 Cr
  • Citicorp Finance (India) Limited : 0.59 Cr
  • Dewan Housing Finance Corporation Limited : 0.50 Cr
  • Citibank N. A. : 0.46 Cr
  • Others : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
06 Oct 2023 Hdfc Bank Limited ₹1.01 M Open
05 Feb 2021 Hdfc Bank Limited ₹5.60 M Open
15 Feb 2019 Hdfc Bank Limited ₹1.09 Cr Open
23 Dec 2016 Tata Capital Housing Finance Limited ₹7.25 M Open
23 Apr 2014 Hdfc Bank Limited ₹4.44 M Open

How Many Employees Work at Awagaman Road Carriers?

Awagaman Road Carriers has a workforce of 56 employees as of Mar 31, 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 Awagaman Road Carriers, 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 Awagaman Road Carriers'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 Awagaman Road Carriers

Recent activity within the organization

  • Annual General Meeting

    Awagaman Road Carriers 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 Hdfc Bank Limited of Rs. 25.85 Cr registered on 31 Jan 2011 with Charge ID 10274098 was modified on 25 Jun 2024.

    25 Jun 2024

  • Balance Sheet

    Awagaman Road Carriers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100837625 was registered on 06 Oct 2023.

    06 Oct 2023

  • Director Appointment

    Lingareddy Srinivasa was appointed as a Director was appointed as a Director on 23 Jun 2023 & has been associated with this company since 1 year 7 months .

    23 Jun 2023

  • Charges

    A charge registered on 29 Oct 1998 via Charge ID 80008287 with Vijaya Bank was fully satisfied on 04 Feb 2023.

    04 Feb 2023

Frequently asked questions

  • Awagaman Road Carriers Limited was incorporated on 04 Feb 1991.

  • The authorized share capital of Awagaman Road Carriers Limited is ₹ 7.00 Cr and paid-up capital is ₹ 2.30 Cr.

  • Currently 6 directors are associated with Awagaman Road Carriers Limited.

    • Vivek Kumar Garg
    • Lingareddy Srinivasa
    • Elumalai Senthil Kumar
    • Devashettahalli Chikkannaiah Suresh
    • Pratik Kumar Garg
    • Vijay Kumar Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Awagaman Road Carriers Limited is Mp House 3Rd Floor, Room No.302 13 India Exchange Place, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Awagaman Road Carriers Limited is U63090WB1991PLC050831 and the company number is 050831 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Awagaman Road Carriers Limited is https://www.awagaman-road-carriers-limited-transportation-service.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Awagaman Road Carriers Limited has risen by 19.38%.

  • As Per 2023 financial reports, 56 employees are currently employed by Awagaman Road Carriers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Awagaman Road Carriers Limited has experienced an upsurge of 5.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Awagaman Road Carriers Limited amount to ₹ 33.03 Cr.

  • The most recent Balance Sheet for Awagaman Road Carriers Limited was filed with the ROC on 31 Mar 2024.

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