Durafast Automotive Private Limited

Manufacturer of bolts, nuts, and industrial fasteners for various industries, with ISO certification.

2005 | Visakhapatnam, Andhra Pradesh (India) | Inactive
Last Updated: April 19, 2024

Durafast Automotive Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.72 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 4.20 M
  • Revenue Growth 24017.84%
  • Profit Growth 26.88%
  • Ebitda -148.00%
  • Net Worth -32.54%
  • Total Assets -12.74%

About Durafast Automotive

Durafast Automotive Private Limited (DAPL) is Strike Off company established on 21 Oct 2005 with its office registered at Visakhapatnam, Andhra Pradesh, India and has been running since 19 Year, 3 Months with a paid up capital of 8.72 Cr. According to MCA records, 2 Directors are linked to this company as of 19 Apr 2024.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34102AP2005PTC047854

  • Company No.

    047854

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2005

  • Date of AGM

    09 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Durafast Automotive?

Board Members (2)

Name Designation Appointment Date Status
Srinivasa Atluri Country flag representing In Director 08-Jul-2010 Current
Srinivasa Alapati Country flag representing In Director 25-Oct-2005 Current

Financial Performance of Durafast Automotive.

Durafast Automotive Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 24017.84% increase. The company also saw a substantial improvement in profitability, with a 26.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 32.54%.

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
24017.84%
Revenue from Operations
Total Assets
-12.74%
Profit or Loss
26.88%
Net Worth
-32.54%
EBITDA
-148.00%

What is the Ownership and Shareholding Structure of Durafast Automotive?

In 2017, Durafast Automotive 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

₹0

Satisfied Charges

₹0.42 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.42 Cr

Latest Charge Details

Date Lender Amount Status
29 Apr 2006 Axis Bank Limited ₹4.20 M Satisfied

How Many Employees Work at Durafast Automotive?

Durafast Automotive has a workforce of 0 employees as of Mar 29, 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 Durafast Automotive, 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 Durafast Automotive'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 Durafast Automotive

Recent activity within the organization

  • Annual General Meeting

    Durafast Automotive Private Limited last Annual general meeting of members was held on 09 Sep 2017 as per latest MCA records.

    09 Sep 2017

  • Balance Sheet

    Durafast Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Vijayawada.

    31 Mar 2017

  • Charges

    A charge registered on 29 Apr 2006 via Charge ID 10006423 with Axis Bank Limited was fully satisfied on 09 Jan 2017.

    09 Jan 2017

  • Charges

    A charge with Axis Bank Limited of Rs. 0.42 Cr registered on 29 Apr 2006 with Charge ID 10006423 was modified on 26 Mar 2011.

    26 Mar 2011

  • Director Appointment

    Srinivasa Rao Atluri was appointed as a Director was appointed as a Director on 08 Jul 2010 & has been associated with this company since 14 years 6 months .

    08 Jul 2010

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.42 Cr with Charge ID 10006423 was registered on 29 Apr 2006.

    29 Apr 2006

Frequently asked questions

  • Durafast Automotive Private Limited was incorporated on 21 Oct 2005.

  • The authorized share capital of Durafast Automotive Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.72 Cr.

  • Currently 2 directors are associated with Durafast Automotive Private Limited.

    • Srinivasa Rao Atluri
    • Srinivasa Prasad Alapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Durafast Automotive Private Limited is Plot No31. Block -Eautonagar, Visakhaptanam, Andhra Pradesh, India, 530012.

  • The corporate identification number (CIN) of Durafast Automotive Private Limited is U34102AP2005PTC047854 and the company number is 047854 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Durafast Automotive Private Limited is https://www.durafast.in

  • According to the financial reports for the fiscal year 2017, the revenue trend for Durafast Automotive Private Limited has risen by 24017.84%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Durafast Automotive Private Limited has experienced an downturn of -32.54%.

  • The most recent Balance Sheet for Durafast Automotive Private Limited was filed with the ROC on 31 Mar 2017.

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