Almet Corporation Limited - Company Profile

Q: Where is Almet Corporation Limited headquartered?

Almet Corporation Limited is headquartered at 1516, Hazari Baug, L.B.S. Marg, Vikhroli W, Mumbai, Maharashtra, 400083.

Q: Who are the current directors of Almet Corporation Limited?

The current directors of Almet Corporation Limited are Muthuswamy Krishnamurthy, Sanjay Harichandra Phoke, Raju Mansing Rathod, Abhijeet Nandkumar Pimple.

It is a real estate and construction public limited company based in Mumbai, Maharashtra, India, established in 1960.

1960 Mumbai, Maharashtra, India Active

Last Updated: December 23, 2025

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About Almet Corporation Limited

Almet Corporation Limited, a active public limited company, was established on 08 July 1960 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U29290MH1960PLC059367. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹5.88 M.

It upholds a compliant status. Its leadership includes Muthuswamy Krishnamurthy (Director), Sanjay Harichandra Phoke (Additional Director), Raju Mansing Rathod (Additional Director). Past directors included Muthuswamy Krishnamurthy, Rajendra Badrinarayan Barwale, Shyamsunder Laddooram Bhimsaria. It holds ₹290.62 Cr open charges and ₹218.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 15/16, Hazari Baug, L.B.S. Marg, Vikhroli (W), Mumbai, Maharashtra, 400083.

Company Details

CIN/LLPIN
U29290MH1960PLC059367
Registration Number
059367
Incorporation Date
08 July 1960
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹5.88 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 23-12-2025
Paid Up Capital ₹ 5.88 M as on 23-12-2025
Company Age 65 Year, 7 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 290.62 Cr as on 23-12-2025
Satisfied Charges ₹ 218.00 Cr as on 23-12-2025
Revenue Growth **** -51.29% (FY 2022)
Profit Growth **** 87.03% (FY 2022)
Ebitda **** 93.91% (FY 2022)
Net Worth -4.24% (FY 2022)
Total Assets -23.26% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Almet Corporation 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 Almet Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Muthuswamy Krishnamurthy	Director	15 Oct 2007	Current
Sanjay Harichandra Phoke	Additional Director	31 Mar 2025	Current
Raju Mansing Rathod	Additional Director	28 Mar 2025	Current
Abhijeet Nandkumar Pimple	Director	23 Jun 2014	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2008	Past
Pramod Abcsdd	Director	14 Nov 2007	Past
Pramod Abcsdd	Director	14 Nov 2007	Past
Pramod Abcsdd	Additional Director	29 Sep 2008	Past
Pramod Abcsdd	Alternate Director	25 Dec 2007	Past
Pramod Abcsdd	Additional Director	29 Sep 2008	Past

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Financial Performance of Almet Corporation.

Almet Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 51.29% decrease. The company also saw a substantial improvement in profitability, with a 87.03% increase in profit. The company's net worth dipped by a decrease of 4.24%.

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

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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

********

-51.29%

*******

Revenue from Operations

*******

Total Assets

*******

-23.26%

*******

Profit or Loss

*******

87.03%

*******

Net Worth

*******

-4.24%

*******

EBITDA

*******

93.91%

*******

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What is the Ownership and Shareholding Structure of Almet Corporation?

In 2022, Almet Corporation 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)

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

₹2,906,200,000.00

Satisfied Charges

₹2,180,000,000.00

Charges Breakdown by Lending Institutions

Others : 290.62 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Oct 2020	Others	₹290.62 Cr	Open
15 Nov 2016	State Bank Of India	₹193.00 Cr	Satisfied
19 Apr 2012	Central Bank Of India	₹25.00 Cr	Satisfied

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How Many Employees Work at Almet Corporation?

Unlock and access historical data on people associated with Almet Corporation, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Almet Corporation, 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 Almet Corporation's trajectory.

Rating

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

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 Almet Corporation

Recent Activity within the Organization

Charges

Progress on A charge with Others of Rs. 290.62 Cr registered on 28 Oct 2020 with Charge ID 100385454 was modified on 30 Apr 2025. was documented.
30 Apr 2025
Director Appointment

Sanjay Harichandra Phoke was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2025 & has been associated with this company since 10 months 22 days . was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Raju Mansing Rathod was appointed as a Additional Director was appointed as a Additional Director on 28 Mar 2025 & has been associated with this company since 10 months 25 days . was documented.
28 Mar 2025
Annual General Meeting

The activity Almet Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

Almet Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Charges

Progress on A charge registered on 15 Nov 2016 via Charge ID 100064737 with State Bank Of India was fully satisfied on 07 May 2022. was documented.
07 May 2022

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