Drip India Irrigation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.96 Cr
- Company Age 14 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.05 Cr
- Satisfied Charges ₹ 23.21 Cr
- Revenue Growth 31.14%
- Profit Growth 53.18%
- Ebitda 0.69%
- Net Worth 21.27%
- Total Assets 24.61%
About Drip India Irrigation
Drip India Irrigation Private Limited (DIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 February 2011 and has a history of 14 years. Its registered office is in Nashik, Maharashtra, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.96 Cr.
The company currently has active open charges totaling ₹35.05 Cr. The company has closed loans amounting to ₹23.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manaklal Bhandari, Motilal Bhandari, Zumberlal Bhandari, and One other member serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U01403MH2011PTC213085
- Company No.
213085
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Feb 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Manufacturing
What products or services does Drip India Irrigation Private Limited offer?
Drip India Irrigation Private Limited offers a wide range of products and services, including Irrigation and Harvesting Machines, Sprinkler Irrigation System, Agricultural Pipes, Lateral Pipe, Agricultural Irrigation Systems, Screen Filters, Industrial Valves & Valve Fittings, Ball Valves, Drip Irrigation Pipes, Filters & Filtration Systems.
Who are the key members and board of directors at Drip India Irrigation?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manaklal Bhandari  | Director | 01-Jul-2011 | Current |
| Motilal Bhandari | Director | 01-Jan-2012 | Current |
| Zumberlal Bhandari | Director | 05-Feb-2011 | Current |
| Shailesh Bhandari | Director | 05-Feb-2011 | Current |
Financial Performance of Drip India Irrigation.
Drip India Irrigation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.14% increase. The company also saw a substantial improvement in profitability, with a 53.18% increase in profit. The company's net worth Soared by an impressive increase of 21.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Drip India Irrigation?
In 2023, Drip India Irrigation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹35.05 Cr
Satisfied Charges
₹23.21 Cr
Charges Breakdown by Lending Institutions
- Others : 35.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2024 | Others | ₹7.00 Cr | Open |
| 31 Jan 2023 | Others | ₹1.80 M | Open |
| 12 Jan 2023 | Others | ₹1.55 Cr | Open |
| 12 Dec 2022 | Others | ₹1.75 Cr | Open |
| 04 Aug 2022 | Others | ₹18.00 Cr | Open |
How Many Employees Work at Drip India Irrigation?
Drip India Irrigation has a workforce of 99 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Drip India Irrigation, 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 Drip India Irrigation's trajectory.
Rating
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
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.