Anand I-Power Limited

Precision manufacturing of rings, plates, and inserts for automotive industry.

1962 | Nashik, Maharashtra (India) | Active
Last Updated: November 16, 2024

Anand I-Power Profile

Key Indicators

  • Authorised Capital ₹ 14.50 Cr
  • Paid Up Capital ₹ 3.33 Cr
  • Company Age 62 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 64.23 Cr
  • Satisfied Charges ₹ 139.96 Cr
  • Revenue Growth 34.97%
  • Profit Growth -5712.50%
  • Ebitda -91.77%
  • Net Worth -41.47%
  • Total Assets 15.87%

About Anand I-Power

Anand I-Power Limited (AIL) was founded in India on 06 April 1962 and has a glorious history of 62 years and nine months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Perfect Circle India Limited. The Company is engaged in the Machinery And Equipment 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 14.50 Cr and a paid-up capital of Rs 3.33 Cr.

The company currently has active open charges totaling ₹64.23 Cr. The company has closed loans amounting to ₹139.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Anand I-Power Limited India are Anshul Bhargava as Company Secretary, Sujeet Tripathy as Cfo, and Mayur Bumb as Ceo. Shankar Srikantiah, Mahendra Goyal, Narayan Vakil, and Two other members serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1962PLC012316

  • Company No.

    012316

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 1962

  • Date of AGM

    23 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Anand I-Power Limited offer?

Anand I-Power Limited offers a wide range of products and services, including Piston & Crankshaft Assemblies, Piston Rings.

Who are the key members and board of directors at Anand I-Power?

Executive Team (3)

NameDesignationAppointment DateStatus
Anshul Bhargava Country flag representing In Company Secretary28-Jan-2021Current
Sujeet Tripathy CFO29-Jul-2021Current
Mayur Bumb Country flag representing In CEO29-Jul-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Narayan Vakil Country flag representing In Director 09-Mar-2021Current
Mahendra Goyal Country flag representing In Director 27-May-2009Current
Kamaljit Bhullar Country flag representing In Director 22-May-2006Current
Shankar Srikantiah Country flag representing In Director 05-Nov-2014Current
Mayur Bumb Country flag representing In Ceo and Whole-Time Director 26-May-2022Current

Financial Performance of Anand I-Power.

Anand I-Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.97% increase. The company also saw a substantial fall in profitability, with a 5712.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.47%.

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
34.97%
Revenue from Operations
36.61%
Total Assets
15.87%
Profit or Loss
-5712.50%
Net Worth
-41.47%
EBITDA
-91.77%

What is the Ownership and Shareholding Structure of Anand I-Power?

In 2023, Anand I-Power had a promoter holding of 94.73% and a public holding of 5.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.23 Cr

Satisfied Charges

₹139.96 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 63.50 Cr
  • Yes Bank Limited : 0.73 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Yes Bank Limited₹4.80 MOpen
28 Dec 2020Axis Bank Limited₹63.50 CrOpen
10 Feb 2020Yes Bank Limited₹2.45 MOpen
29 Feb 2016Others₹8.96 MSatisfied
17 Oct 2011Yes Bank Limited₹39.00 CrSatisfied

How Many Employees Work at Anand I-Power?

Anand I-Power has a workforce of 337 employees as of Mar 27, 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 Anand I-Power, 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 Anand I-Power'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 Anand I-Power

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100963022 was registered on 26 Jul 2024.

    26 Jul 2024

  • Annual General Meeting

    Anand I-Power Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.

    23 Jul 2024

  • Balance Sheet

    Anand I-Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Mayur Subhash Bumb was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 May 2022 & has been associated with this company since 2 years 8 months .

    26 May 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 63.50 Cr registered on 28 Dec 2020 with Charge ID 100407516 was modified on 30 Jul 2021.

    30 Jul 2021

  • Director Appointment

    Narayan Nagorao Vakil was appointed as a Director was appointed as a Director on 09 Mar 2021 & has been associated with this company since 3 years 10 months .

    09 Mar 2021

Frequently asked questions

  • Anand I-Power Limited was incorporated on 06 Apr 1962.

  • The authorized share capital of Anand I-Power Limited is ₹ 14.50 Cr and paid-up capital is ₹ 3.33 Cr.

  • Currently 8 directors are associated with Anand I-Power Limited.

    • Shankar Muguru Srikantiah
    • Mahendra Kumar Goyal
    • Narayan Nagorao Vakil
    • Anshul Bhargava
    • Sujeet Kumar Tripathy
    • Mayur Bumb
    • Mayur Subhash Bumb
    • Kamaljit Singh Bhullar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Anand I-Power Limited is 20 M I D C Estate Satpur, India, Nasik, Maharashtra, 422007.

  • The corporate identification number (CIN) of Anand I-Power Limited is U99999MH1962PLC012316 and the company number is 012316 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Anand I-Power Limited is https://www.anandipower.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Anand I-Power Limited has risen by 34.97%.

  • As Per 2023 financial reports, 337 employees are currently employed by Anand I-Power Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Anand I-Power Limited has experienced an downturn of -41.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Anand I-Power Limited amount to ₹ 64.23 Cr.

  • The most recent Balance Sheet for Anand I-Power Limited was filed with the ROC on 31 Mar 2024.

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