U P Asbestos Limited

Manufacturer of AC sheets and molded goods, with four facilities and wide customer base.

1973 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated:

U P Asbestos Profile

Key Indicators

  • Authorised Capital ₹ 15.25 Cr
  • Paid Up Capital ₹ 9.12 Cr
  • Company Age 51 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 92.31 Cr
  • Satisfied Charges ₹ 252.23 Cr
  • Revenue Growth 4.38%
  • Profit Growth 0.63%
  • Ebitda 334.18%
  • Net Worth 4.04%
  • Total Assets 0.13%

About U P Asbestos

U P Asbestos Limited (UPAL) was founded in India on 18 July 1973 and has a glorious history of 51 years and eight months. Its registered office is in Uttar Pradesh, Uttar Pradesh.

The Company is engaged in the Metals And Minerals 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 15.25 Cr and a paid-up capital of Rs 9.12 Cr.

The company currently has active open charges totaling ₹92.31 Cr. The company has closed loans amounting to ₹252.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at U P Asbestos Limited India are Gaurav Arora as CFO and Sakshi Pandey as Company Secretary. Priyank Tayal, Amitabh Tayal, Qamar Wajahat, and Two other members serve as directors at the Company.

Company Details

  • Location Uttar Pradesh, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L26942UP1973PLC003743

  • Company No.

    003743

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 1973

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals
Financial Services

What products or services does U P Asbestos Limited offer?

U P Asbestos Limited offers a wide range of products and services, including Roofing and False ceiling, GI Sheets.

Who are the key members and board of directors at U P Asbestos?

Executive Team (3)

NameDesignationAppointment DateStatus
Amitabh Tayal Country flag representing In Managing Director01-Jan-1984Current
Gaurav Arora Country flag representing In CFO16-Aug-2017Current
Sakshi Pandey Company Secretary27-Dec-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Qamar Wajahat Country flag representing In Director 25-Jun-2020Current
Priyank Tayal Country flag representing In Whole-Time Director 23-Jun-2004Current
Paras Singh Country flag representing In Director 10-Jul-2019Current
Sushma Seth Country flag representing In Director 02-Sep-2023Current

Financial Performance of U P Asbestos.

U P Asbestos Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.38% increase. The company also saw a slight improvement in profitability, with a 0.63% increase in profit. The company's net worth moved up by a moderate rise of 4.04%.

U P Asbestos revenue growth over time
U P Asbestos 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
4.38%
Revenue from Operations
7.95%
Total Assets
0.13%
Profit or Loss
0.63%
Net Worth
4.04%
EBITDA
334.18%

What is the Ownership and Shareholding Structure of U P Asbestos?

In 2023, U P Asbestos had a promoter holding of 71.50% and a public holding of 28.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹92.31 Cr

Satisfied Charges

₹252.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 92.03 Cr
  • Hdfc Bank Limited : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2024Others₹33.00 CrOpen
30 Jul 2024Others₹5.00 CrOpen
08 Jul 2024Others₹9.97 CrOpen
25 Jan 2023Others₹44.00 CrOpen
13 May 2022Hdfc Bank Limited₹2.00 MOpen

How Many Employees Work at U P Asbestos?

U P Asbestos has a workforce of 191 employees as of Apr 04, 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.

Employee growth trends for U P Asbestos Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of U P Asbestos, 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 U P Asbestos'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 U P Asbestos

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 44.00 Cr registered on 25 Jan 2023 with Charge ID 100686646 was modified on 25 Oct 2024.

  • Charges

    A charge registered on 17 Apr 2023 via Charge ID 100719331 with Others was fully satisfied on 24 Sep 2024.

  • Annual General Meeting

    U P Asbestos Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 33.00 Cr with Charge ID 100969531 was registered on 30 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100969532 was registered on 30 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 9.97 Cr with Charge ID 100966935 was registered on 08 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of U P Asbestos Limited?

    U P Asbestos Limited was incorporated on 18 Jul 1973.

  • What is authorized share capital and paid-up capital of U P Asbestos Limited?

    The authorized share capital of U P Asbestos Limited is ₹ 15.25 Cr and paid-up capital is ₹ 9.12 Cr.

  • Who are the current board members & directors of U P Asbestos Limited?

    Currently 7 directors are associated with U P Asbestos Limited.

    • Priyank Tayal
    • Amitabh Tayal
    • Qamar Syed Wajahat
    • Paras Nath Singh
    • Sushma Seth
    • Gaurav Arora
    • Sakshi Pandey

  • What is the registered address of U P Asbestos Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of U P Asbestos Limited is Po Mohanlalganjlucknow Lucknow India, Uttar Pradesh, 227305.

  • What is the corporate identification number (CIN) and company number of U P Asbestos Limited?

    The corporate identification number (CIN) of U P Asbestos Limited is L26942UP1973PLC003743 and the company number is 003743 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of U P Asbestos Limited?

    The Official website of U P Asbestos Limited is https://www.upasbestos.com

  • What has been the recent revenue trend for U P Asbestos Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for U P Asbestos Limited has risen by 4.38%.

  • How many employees does U P Asbestos Limited currently have?

    As Per 2023 financial reports, 191 employees are currently employed by U P Asbestos Limited.

  • What change has been observed in the net worth of U P Asbestos Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of U P Asbestos Limited has experienced an upsurge of 4.04%.

  • What are the total open charges for U P Asbestos Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for U P Asbestos Limited amount to ₹ 92.31 Cr.

  • When was the last Balance Sheet of U P Asbestos Limited filed with the ROC?

    The most recent Balance Sheet for U P Asbestos Limited was filed with the ROC on 31 Mar 2024.

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