It is a automotive private limited company based in Bangalore, Karnataka, India, established in 2003.
2003 | Bangalore, Karnataka, India | ActiveAcetec Motors Private Limited, a active private limited company, was established on 24 February 2003 in Bangalore, Karnataka, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50101KA2003PTC031627. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.65 Cr.
It upholds a compliant status. Employing 81 professional, Its leadership includes Premanand Kamath (Managing Director), Anoushka Kamath (Director), Sachin Kamath (Additional Director). Past directors included Seema Kamath, Nancy Rahul Kriplani, Neha Kamath. It holds ₹31.68 Cr open charges and ₹4.45 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No - 27/1, 4Th A Main Road Metro Layout, Nayandana Halli, Bangalore, Karnataka, 560039.
U50101KA2003PTC031627
031627
24 February 2003
₹4.00 Cr
₹3.65 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Premanand Kamath | Managing Director | 24 Feb 2003 | Current |
| Anoushka Kamath | Director | 05 May 2021 | Current |
| Sachin Kamath | Additional Director | 10 Aug 2024 | Current |
| Nancy Rahul Kriplani | Director | 15 Oct 2022 | Current |
| Pranav Kamath | Additional Director | 10 Aug 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 01 Nov 2017 | Past |
| Pramod Abcsdd | Director | 05 May 2021 | Past |
| Pramod Abcsdd | Director | 02 Sep 2020 | Past |
| Pramod Abcsdd | Director | 21 Oct 2019 | Past |
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Acetec Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.82% increase. The company also saw a substantial improvement in profitability, with a 213.7% increase in profit. The company's net worth Soared by an impressive increase of 53.57%.
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In 2023, Acetec Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹316,815,314.00
₹44,500,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2025 | Axis Bank Limited | ₹14.00 Cr | Open |
| 15 Jan 2025 | Axis Bank Limited | ₹4.09 M | Open |
| 18 Oct 2024 | Axis Bank Limited | ₹2.58 M | Open |
| 15 Mar 2024 | Axis Bank Limited | ₹4.63 M | Open |
| 21 Oct 2023 | Axis Bank Limited | ₹2.53 M | Open |
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Acetec Motors has a workforce of 81 employees as of Apr 07, 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.
Gain comprehensive insights into the Deals and Valuation data of Acetec Motors, 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 Acetec Motors's trajectory.
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.
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.
The activity A charge with Axis Bank Limited amounted to Rs. 14.00 Cr with Charge ID 101058174 was registered on 15 Jan 2025. was completed.
The activity A charge with Axis Bank Limited amounted to Rs. 0.41 Cr with Charge ID 101033753 was registered on 15 Jan 2025. was completed.
Progress on A charge with Axis Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101027646 was registered on 18 Oct 2024. was documented.
Progress on Acetec Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
The activity Sachin Kamath was appointed as a Additional Director was appointed as a Additional Director on 10 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.
The activity Pranav Kamath was appointed as a Additional Director was appointed as a Additional Director on 10 Aug 2024 & has been associated with this company since 1 year 5 months . was completed.
The CIN of Acetec Motors Private Limited is U50101KA2003PTC031627.
Acetec Motors Private Limited is headquartered at No - 27/1, 4Th A Main Road Metro Layout, Nayandana Halli, Bangalore, Karnataka, 560039.
Acetec Motors Private Limited was incorporated on 24 February 2003.
The current directors of Acetec Motors Private Limited are
The primary industry of Acetec Motors Private Limited is Trade.
Acetec Motors Private Limited is unlisted.
The authorized capital of Acetec Motors Private Limited is ₹4.00 Cr, and the paid-up capital is ₹3.65 Cr.
The compliance status of Acetec Motors Private Limited is Compliant.
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