Chetan Abrasives Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 04-01-2025
- Paid Up Capital ₹ 1.00 M
as on 04-01-2025
- Company Age 40 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
as on 04-01-2025
- Satisfied Charges ₹ 1.32 Cr
as on 04-01-2025
- Revenue -14.94%
(FY 2021)
- Profit 48.72%
(FY 2021)
- Ebitda -11.07%
(FY 2021)
- Net Worth 8.95%
(FY 2021)
- Total Assets 1.56%
(FY 2021)
About Chetan Abrasives
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 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹1.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rakesh Surendrakumar, Sonal Rakesh, Karan Rakesh, and One other member serve as directors at the Company.
- CIN/LLPIN
U29199GJ1984PTC007050
- Company No.
007050
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Jun 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
What products or services does Chetan Abrasives Private Limited offer?
Chetan Abrasives Private Limited offers a wide range of products and services, including Drills, Grinders, Saws & Power Tools, Electric Sander, Building & Construction Machines, Concrete Equipment, Cutting Tools & Milling Cutter, HSS Cutting Tools, Chain Saw Machine, Abrasives & Grains, Abrasive Pads, Electric Planers & Wood Routers.
Who are the key members and board of directors at Chetan Abrasives?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sonal Rakesh  | Director | 01-Mar-2000 | Current |
| Rakesh Surendrakumar | Director | 29-Jun-1984 | Current |
| Karan Rakesh | Director | 04-Mar-2004 | Current |
| Shivani Gandhi | Director | 02-Aug-2022 | Current |
Financial Performance of Chetan Abrasives.
Chetan Abrasives Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 14.94% decrease. The company also saw a substantial improvement in profitability, with a 48.72% increase in profit. The company's net worth moved up by a moderate rise of 8.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Chetan Abrasives?
In 2021, Chetan Abrasives had a promoter holding of 99.28% and a public holding of 0.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 13 May 2015 | ₹1.50 Cr | Open |
M. S. Cooperative Bank Limited Creation Date: 08 Mar 2007 | ₹1.20 Cr | Satisfied |
Bank Of Baroda Creation Date: 14 Mar 1997 | ₹1.00 M | Satisfied |
How Many Employees Work at Chetan Abrasives?
Unlock and access historical data on people associated with Chetan Abrasives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chetan Abrasives, 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 Chetan Abrasives's trajectory.
Rating
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
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.
