Adishwar India Limited

Retailer of consumer durables and home appliances with online portal and centralized warehouses.

1997 | Bengaluru, Karnataka (India) | Active
Last Updated: July 30, 2024

Adishwar India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.94 Cr
  • Company Age 28 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 74.51 Cr
  • Satisfied Charges ₹ 43.70 Cr
  • Revenue Growth 10.95%
  • Profit Growth 350.15%
  • Ebitda -2.98%
  • Net Worth 1.04%
  • Total Assets 7.51%

About Adishwar India

Adishwar India Limited (AIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 January 1997 and has a history of 28 years. Its registered office is in Bengaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.94 Cr.

The company currently has active open charges totaling ₹74.51 Cr. The company has closed loans amounting to ₹43.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Adishwar India Limited India is J Mani as COMPANY SECRETARY. Nirmal Jain, Paras Jain, Kanchan Devi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KA1997PLC021681

  • Company No.

    021681

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Adishwar India Limited offer?

Adishwar India Limited offers a wide range of products and services, including Autoclaves, Sterilizers & Incubators, Medical Refrigerator Systems, Mixer Grinder, LED TV, Onida LED Television, Hospital and Medical Cabinet, Mortuary Cabinet, Vacuum Cleaner, Home Vacuum Cleaner, Split Air Conditioners.

Who are the key members and board of directors at Adishwar India?

Executive Team (2)

Name Designation Appointment Date Status
Paras Jain Country flag representing In Managing Director 21-Jan-1997 Current
J Mani Company Secretary 28-Jun-2007 Current

Board Members (4)

Name Designation Appointment Date Status
Nirmal Jain Country flag representing In Whole-Time Director 21-Jan-1997 Current
Kanchan Devi Country flag representing In Director 21-Jan-1997 Current
Thimmaiah Ravikiran Country flag representing In Director 11-May-2022 Current
Marachari Girish Country flag representing In Director 11-May-2022 Current

Financial Performance of Adishwar India.

Adishwar India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.95% increase. The company also saw a substantial improvement in profitability, with a 350.15% increase in profit. The company's net worth moved up by a moderate rise of 1.04%.

Graph illustrating revenue growth over time
Graph showing 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
10.95%
Revenue from Operations
10.32%
Total Assets
7.51%
Profit or Loss
350.15%
Net Worth
1.04%
EBITDA
-2.98%

What is the Ownership and Shareholding Structure of Adishwar India?

In 2023, Adishwar India 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 Indicator graph

Charges (Loans)

Open Charges

₹74.51 Cr

Satisfied Charges

₹43.70 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 73.97 Cr
  • Others : 0.54 Cr

Latest Charge Details

Date Lender Amount Status
13 Mar 2024 Others ₹5.37 M Open
10 Oct 2023 Hdfc Bank Limited ₹6.00 M Open
27 Jul 2022 Hdfc Bank Limited ₹3.74 M Open
01 Mar 2021 Hdfc Bank Limited ₹15.00 Cr Open
21 Apr 2010 Hdfc Bank Limited ₹58.00 Cr Open

How Many Employees Work at Adishwar India?

Adishwar India has a workforce of 170 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adishwar India, 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 Adishwar India'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 Adishwar India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.54 Cr with Charge ID 100891065 was registered on 13 Mar 2024.

    13 Mar 2024

  • Charges

    A charge registered on 24 Dec 2020 via Charge ID 100402207 with Yes Bank Limited was fully satisfied on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100799927 was registered on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Adishwar India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Adishwar India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 28 Feb 2020 via Charge ID 100329687 with Hdfc Bank Limited was fully satisfied on 05 Mar 2023.

    05 Mar 2023

Frequently asked questions

  • Adishwar India Limited was incorporated on 21 Jan 1997.

  • The authorized share capital of Adishwar India Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.94 Cr.

  • Currently 6 directors are associated with Adishwar India Limited.

    • Nirmal Jain
    • Paras Jain
    • Kanchan Devi
    • Thimmaiah Ravikiran
    • Marachari Kanakapura Girish
    • J Geetha Mani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adishwar India Limited is Adishwar India Limited No. 85 59Th Cross 4Th Block Rajajina, Gar, Bengaluru, Karnataka, 560010.

  • The corporate identification number (CIN) of Adishwar India Limited is U51909KA1997PLC021681 and the company number is 021681 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Adishwar India Limited is https://www.adishwarestore.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adishwar India Limited has risen by 10.95%.

  • As Per 2023 financial reports, 170 employees are currently employed by Adishwar India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adishwar India Limited has experienced an upsurge of 1.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Adishwar India Limited amount to ₹ 74.51 Cr.

  • The most recent Balance Sheet for Adishwar India Limited was filed with the ROC on 31 Mar 2023.

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