Asia Automotive Limited

Manufacturer of resistance welding components for automotive OEMs, with one plant in Maharashtra.

1979 | Mumbai 400 018, Maharashtra (India) | Active
Last Updated:

Asia Automotive Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 46 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.48 Cr
  • Revenue Growth 39.30%
  • Profit Growth 108.07%
  • Ebitda 259.78%
  • Net Worth 6.59%
  • Total Assets 11.74%

About Asia Automotive

Asia Automotive Limited (AAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 January 1979 and has a history of 46 years and four months. Its registered office is in Mumbai 400 018, Maharashtra.

The Corporate was formerly known as Asia Automotive Private Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 9.50 M.

The company currently has active open charges totaling ₹2.48 Cr.

Satish Anand, Sudeep Anand, and Elandassery Asokan serve as directors at the Company.

Company Details

  • Location Mumbai 400 018, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210MH1979PLC020964

  • Company No.

    020964

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1979

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Asia Automotive Limited offer?

Asia Automotive Limited offers a wide range of products and services, including Iron & Copper Alloys, Copper Alloys, Copper & Brass Products, Copper Strips, Rod and Bars, Electrical & Electronic Connectors, Power Connectors, Welding Equipments & Machinery, Welding Machine Parts, Metal & Metal Made Products, Round Bars.

Company report

Asia Automotive Limited

Explore comprehensive data for Asia Automotive Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Asia Automotive?

Board Members (3)

NameDesignationAppointment DateStatus
Satish Anand Country flag representing In Director 21-Sep-1979Current
Sudeep Anand Country flag representing In Director 15-May-2008Current
Elandassery Asokan Country flag representing In Director 15-May-2008Current

Financial Performance of Asia Automotive.

Asia Automotive Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.3% increase. The company also saw a substantial improvement in profitability, with a 108.07% increase in profit. The company's net worth moved up by a moderate rise of 6.59%.

Asia Automotive revenue growth over time
Asia Automotive 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
39.30%
Revenue from Operations
40.05%
Total Assets
11.74%
Profit or Loss
108.07%
Net Worth
6.59%
EBITDA
259.78%

What is the Ownership and Shareholding Structure of Asia Automotive?

In 2021, Asia Automotive had a promoter holding of 37.57% and a public holding of 62.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.48 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.80 Cr
  • The Andhra Bank Ltd. : 0.50 Cr
  • Bank Of America : 0.50 Cr
  • The State Industrial & Investment Corpor. Of Maharashtra Ltd : 0.21 Cr
  • Bank Of Amerten : 0.19 Cr
  • Others : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2024Others₹1.00 MOpen
06 Dec 1996Bank Of Baroda₹5.00 MOpen
07 Jan 1983Central Bank Of India₹0.85 MOpen
20 Dec 1982The State Industrial & Investment Corpor. Of Maharashtra Ltd₹2.10 MOpen
26 Mar 1981Bank Of Baroda₹3.00 MOpen

How Many Employees Work at Asia Automotive?

Asia Automotive has a workforce of 42 employees as of Apr 05, 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 Asia Automotive Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asia Automotive, 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 Asia Automotive'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 Asia Automotive

Recent activity within the organization

  • Annual General Meeting

    Asia Automotive Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100920478 was registered on 26 Apr 2024.

  • Balance Sheet

    Asia Automotive Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Sudeep Satish Anand was appointed as a Director was appointed as a Director on 15 May 2008 & has been associated with this company since 17 years 17 days .

  • Director Appointment

    Elandassery Sankarakutty Asokan was appointed as a Director was appointed as a Director on 15 May 2008 & has been associated with this company since 17 years 17 days .

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.50 Cr with Charge ID 90363979 was registered on 06 Dec 1996.

Frequently asked questions

  • What is the Incorporation or founding date of Asia Automotive Limited?

    Asia Automotive Limited was incorporated on 30 Jan 1979.

  • What is authorized share capital and paid-up capital of Asia Automotive Limited?

    The authorized share capital of Asia Automotive Limited is ₹ 1.25 Cr and paid-up capital is ₹ 9.50 M.

  • Who are the current board members & directors of Asia Automotive Limited?

    Currently 3 directors are associated with Asia Automotive Limited.

    • Satish Chand Anand
    • Sudeep Satish Anand
    • Elandassery Sankarakutty Asokan
  • What is the registered address of Asia Automotive Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Asia Automotive Limited is 115 Dr A B Road Worli, W.E.F. 01/003/2001 India, Mumbai 400 018, Maharashtra.

  • What is the corporate identification number (CIN) and company number of Asia Automotive Limited?

    The corporate identification number (CIN) of Asia Automotive Limited is U74210MH1979PLC020964 and the company number is 020964 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Asia Automotive Limited?

    The Official website of Asia Automotive Limited is https://www.asiaautomotivelimited.com

  • What has been the recent revenue trend for Asia Automotive Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Asia Automotive Limited has risen by 39.30%.

  • How many employees does Asia Automotive Limited currently have?

    As Per 2022 financial reports, 42 employees are currently employed by Asia Automotive Limited.

  • What change has been observed in the net worth of Asia Automotive Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Asia Automotive Limited has experienced an upsurge of 6.59%.

  • What are the total open charges for Asia Automotive Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Asia Automotive Limited amount to ₹ 2.48 Cr.

  • When was the last Balance Sheet of Asia Automotive Limited filed with the ROC?

    The most recent Balance Sheet for Asia Automotive Limited was filed with the ROC on 31 Mar 2024.

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