Ability Auto Private Limited - Company Profile

It is a engineering private limited company based in Gujarat, Gujarat, India, established in 2002.
2002 Gujarat, Gujarat, India Active
Last Updated:
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About Ability Auto Private Limited

Ability Auto Private Limited, a active private limited company, was established on 26 July 2002 in Gujarat, Gujarat, India. Engaging in metal foundry & fabrication services within the engineering sector, it holds CIN: U28910GJ2002PTC041021. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr.

It upholds a compliant status. Its leadership includes Sarik Suryakantbhai Panchani (Director), Dharmesh Suryakant Panchani (Director). It holds ₹2.25 Cr open charges and no settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at A 401 Silver Star Appartmentsopp Sarda Baug Rajkot, Gujarat, Gujarat, 360001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U28910GJ2002PTC041021

  • Registration Number

    041021

  • Incorporation Date

    26 July 2002

  • Authorized Capital

    ₹1.05 Cr

  • Paid-Up Capital

    ₹1.05 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 2.25 Cr
  • Revenue Growth **** %
  • Profit Growth **** 65.70%
  • Ebitda **** 73.23%
  • Net Worth -0.02%
  • Total Assets ****
Company report

Ability Auto Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ability Auto Private 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 Ability Auto Private Limited?
Current Directors
Name Designation Appointment Date Status
Sarik Suryakantbhai Panchani Director 26 Jul 2002 Current
Dharmesh Suryakant Panchani Director 26 Jul 2002 Current

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Financial Performance of Ability Auto.

Ability Auto Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 65.7% increase in profit. The company's net worth dipped by a decrease of 0.02%.

Ability Auto revenue growth over time
Ability Auto profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
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Total Assets
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Profit or Loss
*******
 65.70%
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Net Worth
*******
 -0.02%
*******
*******
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EBITDA
*******
 73.23%
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*******

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What is the Ownership and Shareholding Structure of Ability Auto?

In 2020, Ability Auto 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹22,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 2.25 Cr
Latest Charge Details
Date Lender Amount Status
11 Apr 2005 Bank Of India ₹2.60 M Open
29 Dec 2004 Bank Of India ₹1.99 Cr Open

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How Many Employees Work at Ability Auto?

Unlock and access historical data on people associated with Ability Auto, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ability Auto, 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 Ability Auto's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Ability Auto
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Ability Auto Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was documented.

  • Balance Sheet

    Ability Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Bank Of India of Rs. 0.26 Cr registered on 11 Apr 2005 with Charge ID 90107374 was modified on 20 Jul 2010. was documented.

  • Charges

    A charge with Bank Of India amounted to Rs. 0.26 Cr with Charge ID 90107374 was registered on 11 Apr 2005. was recorded as a recent event.

  • Charges

    A charge with Bank Of India amounted to Rs. 1.99 Cr with Charge ID 90107039 was registered on 29 Dec 2004. was recorded as a recent event.

  • Director Appointment

    The activity Sarik Suryakantbhai Panchani was appointed as a Director was appointed as a Director on 26 Jul 2002 & has been associated with this company since 23 years 7 months . was completed.

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Frequently Asked Questions
What is the CIN of Ability Auto Private Limited?

The CIN of Ability Auto Private Limited is U28910GJ2002PTC041021.

Where is Ability Auto Private Limited headquartered?

Ability Auto Private Limited is headquartered at A 401 Silver Star Appartmentsopp Sarda Baug Rajkot, Gujarat, Gujarat, 360001.

When was Ability Auto Private Limited incorporated?

Ability Auto Private Limited was incorporated on 26 July 2002.

Who are the current directors of Ability Auto Private Limited?

The current directors of Ability Auto Private Limited are

What is the primary industry of Ability Auto Private Limited?

The primary industry of Ability Auto Private Limited is Engineering.

Is Ability Auto Private Limited a listed company?

Ability Auto Private Limited is unlisted.

What is the capital structure of Ability Auto Private Limited?

The authorized capital of Ability Auto Private Limited is ₹1.05 Cr, and the paid-up capital is ₹1.05 Cr.

What is the compliance status of Ability Auto Private Limited?

The compliance status of Ability Auto Private Limited is Compliant.

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