Asb Bearings Private Limited - Company Profile

It is a machinery and equipment private limited company based in Rajkot, Gujarat, India, established in 1994.
1994 Rajkot, Gujarat, India Active
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About Asb Bearings Private Limited

Asb Bearings Private Limited, a active private limited company, was established on 29 June 1994 in Rajkot, Gujarat, India. Engaging in industrial tools & components within the machinery and equipment sector, it holds CIN: U72200GJ1994PTC022377. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.00 M and a paid-up capital of ₹2.95 M.

It upholds a compliant status. Its leadership includes Milan Bharatbhai Sanathara (Director), Sachin Vijaybhai Sanathara (Director), Miteshkumar Satishkumar Sanathra (Director). Past directors included Jitendra Harsukhlal Jogiya, Naranbhai Kanjibhai Siddhpura, Bharatkumar Sanathara. It holds ₹0.20 M open charges and ₹6.00 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Block No H-2, Near Upavan, Kankot Main Road, Rajkot, Gujarat, 360005.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U72200GJ1994PTC022377

  • Registration Number

    022377

  • Incorporation Date

    29 June 1994

  • Authorized Capital

    ₹3.00 M

  • Paid-Up Capital

    ₹2.95 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.95 M
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.20 M
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth **** -27.19%
  • Profit Growth **** -2364.78%
  • Ebitda **** -288.25%
  • Net Worth -112.83%
  • Total Assets -18.66%
Company report

Asb Bearings Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Asb Bearings 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 Asb Bearings Private Limited?
Current Directors
Name Designation Appointment Date Status
Milan Bharatbhai Sanathara Director 25 Jun 2014 Current
Sachin Vijaybhai Sanathara Director 25 Jun 2014 Current
Miteshkumar Satishkumar Sanathra Director 09 Jul 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Feb 2010 Past
Pramod Abcsdd Director 15 Feb 2010 Past
Pramod Abcsdd Director 15 Feb 2010 Past
Pramod Abcsdd Director 25 Jun 2014 Past
Pramod Abcsdd Director 25 Jun 2014 Past

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Financial Performance of Asb Bearings.

Asb Bearings Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 27.19% decrease. The company also saw a substantial fall in profitability, with a 2364.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 112.83%.

Asb Bearings revenue growth over time
Asb Bearings 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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 -27.19%
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Revenue from Operations
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 -27.18%
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Total Assets
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 -18.66%
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Profit or Loss
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 -2364.78%
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Net Worth
*******
 -112.83%
*******
*******
*******
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EBITDA
*******
 -288.25%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Asb Bearings?

In 2020, Asb Bearings had a promoter holding of 63.39% and a public holding of 36.61%. 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

₹200,000.00

Satisfied Charges

₹6,000,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.02 Cr
Latest Charge Details
Date Lender Amount Status
05 Mar 2021 Canara Bank ₹0.20 M Open
25 Feb 2015 Canara Bank ₹3.00 M Satisfied
13 Oct 2004 Citizens Co.Oprative Bank Limited ₹2.00 M Satisfied
13 Oct 2004 Citizens Co.Op.Bank Ltd. ₹1.00 M Satisfied

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How Many Employees Work at Asb Bearings?

Unlock and access historical data on people associated with Asb Bearings, 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 Asb Bearings, 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 Asb Bearings'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.

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Latest Updates, News, and FAQs on Asb Bearings
Recent Activity within the Organization
  • Charges

    A charge registered on 25 Feb 2015 via Charge ID 10556790 with Canara Bank was fully satisfied on 24 Jun 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Asb Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Asb Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.20 M with Charge ID 100431264 was registered on 05 Mar 2021. was documented.

  • Charges

    A charge with Canara Bank of Rs. 3.00 M registered on 25 Feb 2015 with Charge ID 10556790 was modified on 06 Nov 2015. was recorded as a recent event.

  • Charges

    A charge with Canara Bank amounted to Rs. 3.00 M with Charge ID 10556790 was registered on 25 Feb 2015. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Asb Bearings Private Limited?

The CIN of Asb Bearings Private Limited is U72200GJ1994PTC022377.

Where is Asb Bearings Private Limited headquartered?

Asb Bearings Private Limited is headquartered at Block No H-2, Near Upavan, Kankot Main Road, Rajkot, Gujarat, 360005.

When was Asb Bearings Private Limited incorporated?

Asb Bearings Private Limited was incorporated on 29 June 1994.

Who are the current directors of Asb Bearings Private Limited?

The current directors of Asb Bearings Private Limited are

What is the primary industry of Asb Bearings Private Limited?

The primary industry of Asb Bearings Private Limited is Machinery And Equipment.

Is Asb Bearings Private Limited a listed company?

Asb Bearings Private Limited is unlisted.

What is the capital structure of Asb Bearings Private Limited?

The authorized capital of Asb Bearings Private Limited is ₹3.00 M, and the paid-up capital is ₹2.95 M.

What is the compliance status of Asb Bearings Private Limited?

The compliance status of Asb Bearings Private Limited is Compliant.

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