Auto Ignition Limited

Manufacturer of starter motors, alternators, and components for various vehicles and engines.

1971 | Delhi (India) | Active
Last Updated:

Auto Ignition Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 4.10 Cr
  • Company Age 53 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 63.36 Cr
  • Satisfied Charges ₹ 115.44 Cr
  • Revenue Growth 17.77%
  • Profit Growth 19.63%
  • Ebitda 5.05%
  • Net Worth 11.63%
  • Total Assets 3.40%

About Auto Ignition

Auto Ignition Limited (AIL) was founded in India on 05 August 1971 and has a glorious history of 53 years and seven months. Its registered office is in Delhi, India.

The Corporate was formerly known as Auto Ignition Private Limited. The Company is engaged in the Automotive 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 12.00 Cr and a paid-up capital of Rs 4.10 Cr.

The company currently has active open charges totaling ₹63.36 Cr. The company has closed loans amounting to ₹115.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shukla Sarine, Ishaan Sarine, Naveen Pandey, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U34300DL1971PLC207710

  • Company No.

    207710

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Auto Ignition Limited offer?

Auto Ignition Limited offers a wide range of products and services, including Automotive Motors, Automobile Electrical Components, Automobile Ignition Systems & Parts, Generators, Turbines & Power Plants, Generator and Accessories, Diodes & Electronic Active Devices, Integrated Circuits, Electric Motors and Components, Motor Parts, Automotive Alternator & Parts.

Who are the key members and board of directors at Auto Ignition?

Executive Team (1)

NameDesignationAppointment DateStatus
Ishaan Sarine Country flag representing Gb Managing Director18-Jun-2010Current

Board Members (5)

NameDesignationAppointment DateStatus
Naveen Pandey Country flag representing In Director 02-Aug-2021Current
Shukla Sarine Country flag representing In Director 19-Sep-2011Current
Vaani Gaur Country flag representing In Director 02-Mar-2016Current
Ritu Sharma Country flag representing In Additional Director 12-Apr-2023Current
Trilok Chand Country flag representing In Whole-Time Director 19-Nov-2007Current

Financial Performance of Auto Ignition.

Auto Ignition Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.77% increase. The company also saw a substantial improvement in profitability, with a 19.63% increase in profit. The company's net worth Soared by an impressive increase of 11.63%.

Auto Ignition revenue growth over time
Auto Ignition 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
17.77%
Revenue from Operations
17.36%
Total Assets
3.40%
Profit or Loss
19.63%
Net Worth
11.63%
EBITDA
5.05%

What is the Ownership and Shareholding Structure of Auto Ignition?

In 2023, Auto Ignition had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹63.36 Cr

Satisfied Charges

₹115.44 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 36.10 Cr
  • Others : 25.00 Cr
  • Axis Bank Limited : 2.24 Cr
  • Citi Bank N.A. : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2023Axis Bank Limited₹2.24 CrOpen
01 Aug 2015Citi Bank N.A.₹0.20 MOpen
17 Sep 2014The Hongkong And Shanghai Banking Corporation Limited₹1.10 CrOpen
08 Aug 2014The Hongkong And Shanghai Banking Corporation Limited₹35.00 CrOpen
25 Jul 2014Others₹25.00 CrOpen

How Many Employees Work at Auto Ignition?

Auto Ignition has a workforce of 494 employees as of Apr 08, 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 Auto Ignition Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Auto Ignition, 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 Auto Ignition'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 Auto Ignition

Recent activity within the organization

  • Annual General Meeting

    Auto Ignition Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1.10 Cr registered on 17 Sep 2014 with Charge ID 10521785 was modified on 16 Jul 2024.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 35.00 Cr registered on 08 Aug 2014 with Charge ID 10515606 was modified on 16 Jul 2024.

  • Balance Sheet

    Auto Ignition Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Ritu Sharma was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2023 & has been associated with this company since 1 year 10 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.24 Cr with Charge ID 100730769 was registered on 11 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Auto Ignition Limited?

    Auto Ignition Limited was incorporated on 05 Aug 1971.

  • What is authorized share capital and paid-up capital of Auto Ignition Limited?

    The authorized share capital of Auto Ignition Limited is ₹ 12.00 Cr and paid-up capital is ₹ 4.10 Cr.

  • Who are the current board members & directors of Auto Ignition Limited?

    Currently 6 directors are associated with Auto Ignition Limited.

    • Shukla Sarine
    • Ishaan Sarine
    • Naveen Shree Pandey
    • Vaani Gaur
    • Ritu Sharma
    • Trilok Bansal Chand

  • What is the registered address of Auto Ignition Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Auto Ignition Limited is N-240 Greater Kailash Part -I India, New Delhi, 110048.

  • What is the corporate identification number (CIN) and company number of Auto Ignition Limited?

    The corporate identification number (CIN) of Auto Ignition Limited is U34300DL1971PLC207710 and the company number is 207710 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Auto Ignition Limited?

    The Official website of Auto Ignition Limited is https://www.autolek.com

  • What has been the recent revenue trend for Auto Ignition Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Auto Ignition Limited has risen by 17.77%.

  • How many employees does Auto Ignition Limited currently have?

    As Per 2022 financial reports, 494 employees are currently employed by Auto Ignition Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Auto Ignition Limited has experienced an upsurge of 11.63%.

  • What are the total open charges for Auto Ignition Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Auto Ignition Limited amount to ₹ 63.36 Cr.

  • When was the last Balance Sheet of Auto Ignition Limited filed with the ROC?

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

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