Dr Axion India Private Limited

Manufactures vehicle parts and accessories for engines.

2006 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Dr Axion India Profile

Key Indicators

  • Authorised Capital ₹ 137.50 Cr
  • Paid Up Capital ₹ 112.85 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 319.60 Cr
  • Satisfied Charges ₹ 286.00 Cr
  • Revenue Growth 51.08%
  • Profit Growth 959.02%
  • Ebitda 180.30%
  • Net Worth 30.00%
  • Total Assets 17.37%

About Dr Axion India

Dr Axion India Private Limited (DAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 2006 and has a history of 18 years and one month. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Dr Enterprise Automotive 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 137.50 Cr and a paid-up capital of Rs 112.85 Cr.

The company currently has active open charges totaling ₹319.60 Cr. The company has closed loans amounting to ₹286.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Dr Axion India Private Limited India are Balasubramaniam Chandrasekar as CFO and Chinnusamy Barani as Company Secretary. Vijaya Sampath, Srinivasan Ravi, Ravi Gauthamram, and Two other members serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50300TN2006PTC061870

  • Company No.

    061870

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 2006

  • Date of AGM

    24 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

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

Executive Team (4)

NameDesignationAppointment DateStatus
Srinivasan Ravi Country flag representing In Managing Director01-Feb-2023Current
Kim Seob Country flag representing Kr Managing Director01-Dec-2015Current
Balasubramaniam Chandrasekar CFO01-Feb-2023Current
Chinnusamy Barani Company Secretary19-Oct-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Vijaya Sampath Country flag representing In Director 01-Feb-2023Current
Ravi Gauthamram Country flag representing In Director 01-Feb-2023Current
Tamraparni Rajagopal Country flag representing In Director 01-Feb-2023Current

Financial Performance of Dr Axion India.

Dr Axion India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.08% increase. The company also saw a substantial improvement in profitability, with a 959.02% increase in profit. The company's net worth Soared by an impressive increase of 30%.

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
51.08%
Revenue from Operations
51.42%
Total Assets
17.37%
Profit or Loss
959.02%
Net Worth
30.00%
EBITDA
180.30%

What is the Ownership and Shareholding Structure of Dr Axion India?

In 2023, Dr Axion India had a promoter holding of 76.00% and a public holding of 24.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹319.60 Cr

Satisfied Charges

₹286.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 234.60 Cr
  • Axis Bank Limited : 60.00 Cr
  • Yes Bank Limited : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2023Yes Bank Limited₹25.00 CrOpen
22 Nov 2021Hdfc Bank Limited₹10.00 CrOpen
22 Nov 2021Hdfc Bank Limited₹73.50 CrOpen
21 Sep 2021Axis Bank Limited₹60.00 CrOpen
23 Sep 2019Hdfc Bank Limited₹81.10 CrOpen

How Many Employees Work at Dr Axion India?

Dr Axion India has a workforce of 344 employees as of Apr 02, 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 Dr Axion 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 Dr Axion 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 Dr Axion India

Recent activity within the organization

  • Director Appointment

    Chinnusamy Barani was appointed as a Company Secretary was appointed as a Company Secretary on 19 Oct 2024 & has been associated with this company since 3 months 13 days .

    19 Oct 2024

  • Annual General Meeting

    Dr Axion India Private Limited last Annual general meeting of members was held on 24 May 2024 as per latest MCA records.

    24 May 2024

  • Balance Sheet

    Dr Axion India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100719154 was registered on 31 Mar 2023.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 24 Nov 2017 with Charge ID 100139702 was modified on 13 Mar 2023.

    13 Mar 2023

  • Director Appointment

    Vijaya Sampath was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 1 year 11 months .

    01 Feb 2023

Frequently asked questions

  • Dr Axion India Private Limited was incorporated on 27 Dec 2006.

  • The authorized share capital of Dr Axion India Private Limited is ₹ 137.50 Cr and paid-up capital is ₹ 112.85 Cr.

  • Currently 7 directors are associated with Dr Axion India Private Limited.

    • Vijaya Sampath
    • Srinivasan Ravi
    • Ravi Gauthamram
    • Tamraparni Srinivasan Venkata Rajagopal
    • Kim Jong Seob
    • Balasubramaniam Chandrasekar
    • Chinnusamy Barani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dr Axion India Private Limited is No.7 Othappai Village Uthukkottai Taluk India, Thiruvallur, Tamil Nadu, 602023.

  • The corporate identification number (CIN) of Dr Axion India Private Limited is U50300TN2006PTC061870 and the company number is 061870 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dr Axion India Private Limited is https://www.draxionindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dr Axion India Private Limited has risen by 51.08%.

  • As Per 2023 financial reports, 344 employees are currently employed by Dr Axion India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Dr Axion India Private Limited has experienced an upsurge of 30.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dr Axion India Private Limited amount to ₹ 319.60 Cr.

  • The most recent Balance Sheet for Dr Axion India Private Limited was filed with the ROC on 31 Mar 2024.

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