MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0011673
Ammega Belting India Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹101.76 Cr
▲ 4% YoY
Net profit · FY 2024
₹8.01 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹11.57 Cr
EBITDA margin 11.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Satisfied charges
₹11 Cr
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
200
Provident fund records
About Ammega Belting India Private Limited
Data last updated:
Ammega Belting India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Ammega International Bv. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 23 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2010PTC077091. Its GSTIN is 33AACCH4757L1ZD (Tamil Nadu). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Helicord Transmissions Private Limited. It is led by directors including Ashiesh Kothaari (Managing Director) and Jedidiah Christian.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 25 A/I/3 SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098.
As per the financials filed for FY 2024, the company reported a revenue of ₹101.76 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.01 Lakh (net margin 0.1%) and EBITDA of ₹11.57 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 22% over five years.
The company has about 200 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Helicord and Ammega. As per MCA filings, the company has satisfied charges of ₹11 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹2.48 Cr; the latest was in May 2023. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 168 overdue payments to 36 micro and small suppliers.
Ammega Belting India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0011673). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ammega.com.
Company details
CIN U31900TN2010PTC077091
Registration Number 077091
Incorporation Date 23 August 2010
ROC Chennai
Listing Status Unlisted
Company Status Active
Parent Company Ammega International Bv
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0011673
Key People
Ashiesh Kothaari Managing Director Jedidiah Christian Director Carlos Ramos Martinez Additional Director Recognitions & Rankings of Ammega Belting India
Contact details
Ammega Belting India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ammega.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address25 A/I/3 SIDCO Industrial Estate Ambattur, Chennai, Tamil Nadu, India – 600098
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Ammega Belting India Private Limited, buy the company report.
Comprehensive company report
Ammega Belting India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Ammega Belting India operates two associated brands: Helicord and AMMEGA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Timing belts and V-belts are manufactured and supplied to OEMs. | helicord.com | |
| Industrial power transmission and conveyor belting solutions are supplied. | ammega.com |
Business activity
The main business activity of Ammega Belting India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ammega Belting India Private Limited, buy the company report.
Financials of Ammega Belting India Private Limited
FY 2024 filings availableAmmega Belting India Private Limited reported revenue of ₹101.76 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹101.76 Cr ▲ 4%
Net profit · FY 2024
₹8.01 Lakh margin 0.1%
EBITDA · FY 2024
₹11.57 Cr margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 30%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 294%
3 years · compounded
▲ 51%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 4% growth in the latest year. EBITDA rose 294% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.01 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ammega Belting India Private Limited, buy the company report.
Board of directors of Ammega Belting India Private Limited
Ammega Belting India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jedidiah Christian | Director | 25 Jul 2024 | 2 Years 3 Months | Current |
| Ashiesh Kothaari | Managing Director | 15 May 2023 | 3 Years 5 Months | Current |
| Carlos Ramos Martinez | Additional Director | 07 Apr 2025 | 1 Years 7 Months | Current |
Auditor
Ammega Belting India Private Limited is audited by ASHOK GOLECHHA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK GOLECHHA & CO | FY 2023 | 009218S |
Shareholding
The shareholding of Ammega Belting India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ammega Belting India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2021 | 100491677 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.38 Cr | Satisfied | |
| 28 Jun 2012 | 10364038 | Hdfc Bank Limited | ₹4.95 Cr | Satisfied | |
| 13 May 2011 | 10288531 | State Bank of India | ₹4.67 Cr | Satisfied |
To see the full charge records of Ammega Belting India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ammega Belting India Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹2.48 Cr; the latest was in May 2023.
Total deals
7
Secondary share transfers
6
Funding round
1
Disclosed funding
₹2.48 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Ammega Singapore Pte Ltd, Ammega Grouo BV Seller: Ammeraal Beltech Holding Bv, Megadyne Asia Pacific Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Megadyne Asia Pacific Limited & Tadolini Giorgio Maria Roberto Seller: an individual |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Megadyne Asia Pacific Limited Seller: Samsons Rubber Industries Private Limited |
| Apr 2011 | Funding round | ₹2.48 Cr | Investors: Samsons Rubber Industries Private Limited , 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Samsons Rubber Industries Private Limited |
To see the full deal history of Ammega Belting India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ammega Belting India Private Limited has 2 court cases on record: 1 filed by Ammega Belting India, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Court case (Civ Suit) | Filed against the company by R D Distributors Private Limited | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed by the company against Delhi Traders and Others | Disposed |
To see the full case history of Ammega Belting India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ammega Belting India Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 168 overdue payments to 36 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Svan Elastomer Solutions Private Limited | |||
| Vikas Elastochem Agencies Pvt Ltd | |||
| an individual supplier | |||
| Bonded Textiles Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Ammega Belting India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ammega Belting India Private Limited has a workforce of 200 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
200
Active EPFO establishments
1
Employee growth
-3.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 200 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ammega Belting India Private Limited, buy the company report.
GST
Ammega Belting India has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCH4757L1ZD | Tamil Nadu | Active | 01 Jul 2017 |
| 27AACCH4757L1Z6 | Maharashtra | Active | 19 Nov 2019 |
| 24AACCH4757L1ZC | Gujarat | Active | 06 May 2021 |
| 20AACCH4757L1ZK | Jharkhand | Active | 17 Dec 2021 |
To see the full GST registrations and return filing status of Ammega Belting India Private Limited, buy the company report.
Recent activity
Ammega Belting India Private Limited has 14 board changes on record since 2016: 3 appointments and 11 cessations. The latest: Carlos Ramos Martinez was appointed as Additional Director on 07 Apr 2025.
Appointed
Carlos Ramos Martinez was appointed as Additional Director.
Charges
A charge registered on 09 Aug 2021 via Charge ID 100491677 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 30 Sep 2024.
AGM
Ammega Belting India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Ceased
Jedidiah Christian ceased to be Additional Director.
Appointed
Jedidiah Christian was appointed as Director.
Ceased
Swapnil Sankhe Bhaskar ceased to be Nominee Director.
Filing
Ammega Belting India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Ashiesh Kothaari was appointed as Managing Director.
Ceased
Prabhakar John ceased to be Director.
Ceased
Varadarajan Senthilkumar ceased to be Additional Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.38 Cr with Charge ID 100491677 was registered on 09 Aug 2021.
Ceased
Kumar ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Ammega Belting India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 23 August 2010 (16+ years old) and is registered under CIN U31900TN2010PTC077091.
Ammega Belting India has 3 current directors:
- Ashiesh Kothaari - Managing Director
- Jedidiah Christian - Director
- Carlos Ramos Martinez - Additional Director
The latest financial statements of Ammega Belting India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ammega Belting India is 33AACCH4757L1ZD, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AACCH4757L1Z6 (Maharashtra), 24AACCH4757L1ZC (Gujarat), 20AACCH4757L1ZK (Jharkhand).
The CIN (Corporate Identification Number) of Ammega Belting India is U31900TN2010PTC077091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ammega Belting India has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Ammega Belting India was incorporated on 23 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Ammega Belting India has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹2.48 Cr; the latest was in May 2023.
Carlos Ramos Martinez was appointed as Additional Director on 07 Apr 2025. Jedidiah Christian ceased to be Additional Director on 26 Sep 2024. Jedidiah Christian was appointed as Director on 25 Jul 2024. Ammega Belting India has 14 board changes on record in total.
Yes, Ammega Belting India is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0011673).
Ammega Belting India has 12 MSME Form 1 returns on record between 2019 and 2024, listing 168 overdue payments to 36 micro and small suppliers. The latest return was filed on 07 May 2024.
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