Abc Bearings Limited Company Logo

Abc Bearings Limited - Company Profile

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 1961.

1961 | Mumbai, Maharashtra, India | Amalgamated
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About Abc Bearings Limited

Abc Bearings Limited, a amalgamated public limited company, was established on 30 May 1961 in Mumbai, Maharashtra, India. Engaging in industrial tools & components within the machinery and equipment sector, it holds CIN: L29130MH1961PLC012028. Registered under ROC Roc Mumbai. it is listed. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹11.55 Cr.

In 2017, it reported revenue of ₹190.35 Cr and a net worth of ₹138.81 Cr. Its leadership includes Jal Patel (Director), Tanuj Manubhai Patel (Whole-Time Director), Sanjay Babubhai Desai (Company Secretary). Past directors included Yezdi Hirji Malegam, Vasant Calian Vaidya, Chimanlal Ujamshi Shah. It holds no open charges and ₹303.87 Cr settled loans. Its latest AGM occurred on 20 September 2017, with the balance sheet filed on 31 March 2017. It is based at 402-B, Poonam Chambers, Dr. Annie Besant Road, Worli,, Mumbai, Maharashtra, 400018.

Company Details

  • CIN/LLPIN

    L29130MH1961PLC012028

  • Registration Number

    012028

  • Incorporation Date

    30 May 1961

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹11.55 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.55 Cr
  • Company Age 64 Year, 6 Months
  • Last Filing with ROC 31 Mar 2017
  • Satisfied Charges ₹ 303.87 Cr
  • Revenue Growth 5.62%
  • Profit Growth 116.21%
  • Ebitda 14.67%
  • Net Worth 9.33%
  • Total Assets -7.42%
Company report

Abc Bearings Limited

Company Report FY 2025-2026

Explore comprehensive insights into Abc Bearings Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Jal PatelDirector26 May 2004Current
Tanuj Manubhai PatelWhole-Time Director24 Jul 2007Current
Sanjay Babubhai DesaiCompany Secretary07 Jun 2005Current
Pradip Manubhai PatelManaging Director01 Aug 1986Current
Nalin Mansukhlal ShahDirector16 Jul 2013Current
Shishir Kisonlal DiwanjiDirector23 Jun 1988Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector16 Jul 2013Past
Pramod AbcsddDirector26 Mar 2009Past
Pramod AbcsddDirector31 Jan 2013Past
Pramod AbcsddAdditional Director20 Sep 2017Past
Pramod AbcsddAdditional Director11 Aug 2015Past
Pramod AbcsddDirector02 May 2011Past

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Financial Performance of Abc Bearings.

Abc Bearings Limited, for the financial year ended 2017, experienced modest growth in revenue, with a 5.62% increase. The company also saw a substantial improvement in profitability, with a 116.21% increase in profit. The company's net worth moved up by a moderate rise of 9.33%.

Abc Bearings revenue growth over time
Abc Bearings 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
5.62%
Revenue from Operations
5.64%
Total Assets
-7.42%
Profit or Loss
116.21%
Net Worth
9.33%
EBITDA
14.67%

What is the Ownership and Shareholding Structure of Abc Bearings?

In 2017, Abc Bearings had a promoter holding of 38.76% and a public holding of 61.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3,038,674,640.00

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 64.62 Cr
  • Idbi Bank Limited : 61.50 Cr
  • State Bank Of India : 50.00 Cr
  • Kotak Mahindra Bank Ltd : 26.50 Cr
  • The Honkong And Shanghai Banking Corporation Limited : 20.30 Cr
  • Others : 80.95 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2013Tata Capital Financial Services Limited₹15.00 CrSatisfied
20 Jul 2013Others₹18.75 CrSatisfied
06 Aug 2011State Bank Of India₹50.00 CrSatisfied
29 Oct 2009Idbi Bank Limited₹26.50 CrSatisfied
25 May 2009Idbi Bank Limited₹35.00 CrSatisfied

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How Many Employees Work at Abc Bearings?

Abc Bearings has a workforce of 364 employees as of Mar 23, 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 Abc Bearings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abc 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 Abc 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 Abc Bearings

Recent Activity within the Organization

  • Charges

    A charge registered on 20 Jul 2013 via Charge ID 10437969 with Others was fully satisfied on 30 Jul 2018. was recorded as a recent event.

  • Annual General Meeting

    The activity Abc Bearings Limited last Annual general meeting of members was held on 20 Sep 2017 as per latest MCA records. was completed.

  • Charges

    Progress on A charge registered on 06 Aug 2011 via Charge ID 10303609 with State Bank Of India was fully satisfied on 11 Sep 2017. was documented.

  • Charges

    A charge registered on 25 May 2009 via Charge ID 10162687 with Idbi Bank Limited was fully satisfied on 26 Apr 2017. was recorded as a recent event.

  • Charges

    A charge registered on 25 Oct 2013 via Charge ID 10458217 with Tata Capital Financial Services Limited was fully satisfied on 20 Apr 2017. was recorded as a recent event.

  • Balance Sheet

    Progress on Abc Bearings Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai. was documented.

Frequently Asked Questions

  • What is the CIN of Abc Bearings Limited?

    The CIN of Abc Bearings Limited is L29130MH1961PLC012028.

  • Where is Abc Bearings Limited headquartered?

    Abc Bearings Limited is headquartered at 402-B, Poonam Chambers, Dr. Annie Besant Road, Worli,, Mumbai, Maharashtra, 400018.

  • When was Abc Bearings Limited incorporated?

    Abc Bearings Limited was incorporated on 30 May 1961.

  • Who are the current directors of Abc Bearings Limited?

    The current directors of Abc Bearings Limited are

  • What is the primary industry of Abc Bearings Limited?

    The primary industry of Abc Bearings Limited is Machinery And Equipment.

  • Is Abc Bearings Limited a listed company?

    Abc Bearings Limited is listed.

  • What is the capital structure of Abc Bearings Limited?

    The authorized capital of Abc Bearings Limited is ₹12.00 Cr, and the paid-up capital is ₹11.55 Cr.

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