Altek Beissel Needles Limited Company Logo

Altek Beissel Needles Limited - Company Profile

It is a machinery and equipment public limited company based in Madurantakam, Tamil Nadu, India, established in 1988.

1988 | Madurantakam, Tamil Nadu, India | Active
Last Updated:

About Altek Beissel Needles Limited

Altek Beissel Needles Limited, a active public limited company, was established on 14 January 1988 in Madurantakam, Tamil Nadu, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U93090TN1988PLC035704. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹13.50 Cr and a paid-up capital of ₹3.37 Cr.

Formerly known as Altek Lammertz Needles Limited, Altek Engineering Private Limited. It upholds a compliant status. Employing 71 professional, Its leadership includes Champa Ganesh (Whole-Time Director), Ganesh Samabasivan (Company Secretary), Rajalakshmi Ganesh (Director). Past directors included Purushothaman Sreenivasan, Champa Ganesh, Velangadu Sreenivasan Ravichandran. It holds ₹5.89 Cr open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 31 December 2024, with the balance sheet filed on 31 March 2024. It is based at No. 43/1C, Ecr Road, Cheyyur Taluk,, Atchivilagam Village, New Chennai Township, Madurantakam, Tamil Nadu, 603305.

Company Details

  • CIN/LLPIN

    U93090TN1988PLC035704

  • Registration Number

    035704

  • Incorporation Date

    14 January 1988

  • Authorized Capital

    ₹13.50 Cr

  • Paid-Up Capital

    ₹3.37 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 3.37 Cr
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.89 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -9.44%
  • Profit Growth 49.01%
  • Ebitda 149.11%
  • Net Worth -3.00%
  • Total Assets 73.96%
Company report

Altek Beissel Needles Limited

Company Report FY 2025-2026

Explore comprehensive insights into Altek Beissel Needles 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 Altek Beissel Needles Limited?

Current Directors

NameDesignationAppointment DateStatus
Champa GaneshWhole-Time Director01 Sep 2012Current
Ganesh SamabasivanCompany Secretary01 Sep 2009Current
Rajalakshmi GaneshDirector08 Jan 1991Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Sep 2011Past
Pramod AbcsddAdditional Director19 Nov 2018Past
Pramod AbcsddDirector31 Aug 2012Past

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Financial Performance of Altek Beissel Needles.

Altek Beissel Needles Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.44% decrease. The company also saw a substantial improvement in profitability, with a 49.01% increase in profit. The company's net worth dipped by a decrease of 3%.

Altek Beissel Needles revenue growth over time
Altek Beissel Needles 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
-9.44%
Revenue from Operations
-11.89%
Total Assets
73.96%
Profit or Loss
49.01%
Net Worth
-3.00%
EBITDA
149.11%

What is the Ownership and Shareholding Structure of Altek Beissel Needles?

In 2023, Altek Beissel Needles had a promoter holding of 80.74% and a public holding of 19.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹58,900,000.00

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions

  • Scici Ltd : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 1995Scici Ltd₹1.50 CrSatisfied

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How Many Employees Work at Altek Beissel Needles?

Altek Beissel Needles has a workforce of 71 employees as of Apr 02, 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 Altek Beissel Needles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altek Beissel Needles, 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 Altek Beissel Needles'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 Altek Beissel Needles

Recent Activity within the Organization

  • Annual General Meeting

    The activity Altek Beissel Needles Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Altek Beissel Needles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    Progress on Champa Ganesh was appointed as a Whole-time director was appointed as a Whole-time director on 01 Sep 2012 & has been associated with this company since 13 years 2 months . was documented.

  • Director Appointment

    Progress on Ganesh Samabasivan was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2009 & has been associated with this company since 16 years 2 months . was documented.

  • Charges

    A charge registered on 09 Aug 1995 via Charge ID 90285111 with Scici Ltd was fully satisfied on 31 Jan 2001. was recorded as a recent event.

  • Charges

    The activity A charge with Scici Ltd of Rs. 1.50 Cr registered on 09 Aug 1995 with Charge ID 90285111 was modified on 20 Nov 1995. was completed.

Frequently Asked Questions

  • What is the CIN of Altek Beissel Needles Limited?

    The CIN of Altek Beissel Needles Limited is U93090TN1988PLC035704.

  • Where is Altek Beissel Needles Limited headquartered?

    Altek Beissel Needles Limited is headquartered at No. 43/1C, Ecr Road, Cheyyur Taluk,, Atchivilagam Village, New Chennai Township, Madurantakam, Tamil Nadu, 603305.

  • When was Altek Beissel Needles Limited incorporated?

    Altek Beissel Needles Limited was incorporated on 14 January 1988.

  • Who are the current directors of Altek Beissel Needles Limited?

    The current directors of Altek Beissel Needles Limited are

  • What is the primary industry of Altek Beissel Needles Limited?

    The primary industry of Altek Beissel Needles Limited is Manufacturing.

  • Is Altek Beissel Needles Limited a listed company?

    Altek Beissel Needles Limited is unlisted.

  • What is the capital structure of Altek Beissel Needles Limited?

    The authorized capital of Altek Beissel Needles Limited is ₹13.50 Cr, and the paid-up capital is ₹3.37 Cr.

  • What is the compliance status of Altek Beissel Needles Limited?

    The compliance status of Altek Beissel Needles Limited is Compliant.

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