Eastern Investments Ltd

Founded in 1927 and headquartered in Orissa, India.

1927 | Khorda, Odisha (India) | Active
Last Updated: December 22, 2024

Eastern Investments Profile

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 98 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -36.70%
  • Profit Growth -155.78%
  • Ebitda -41.12%
  • Net Worth -0.16%
  • Total Assets -0.12%

About Eastern Investments

Eastern Investments Ltd (EIL) was founded in India on 03 January 1927 and has a glorious history of 98 years .Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Financial Services 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 13.50 Cr and a paid-up capital of Rs 1.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Eastern Investments Ltd India are Raja Sailada as COMPANY SECRETARY and Puspen Sarkar as Cfo. Atul Bhatt, Vasudevan Kumar, Suresh Pandey, and One other member serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65993OR1927GOI034842

  • Company No.

    005532

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    03 Jan 1927

  • Date of AGM

    23 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Cuttack

Industry

Financial Services

Who are the key members and board of directors at Eastern Investments?

Executive Team (2)

NameDesignationAppointment DateStatus
Raja Sailada Company Secretary11-Nov-2022Current
Puspen Sarkar CFO30-Aug-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Atul Bhatt Country flag representing In Director 13-Sep-2021Current
Vasudevan Kumar Country flag representing In Director 03-Nov-2021Current
Suresh Pandey Country flag representing In Additional Director 17-Jan-2024Current
Swapna Bhattacharya Country flag representing In Nominee Director 02-Jul-2020Current

Financial Performance of Eastern Investments.

Eastern Investments Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 36.7% decrease. The company also saw a substantial fall in profitability, with a 155.78% decrease in profit. The company's net worth dipped by a decrease of 0.16%.

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
-36.70%
Revenue from Operations
-49.18%
Total Assets
-0.12%
Profit or Loss
-155.78%
Net Worth
-0.16%
EBITDA
-41.12%

What is the Ownership and Shareholding Structure of Eastern Investments?

In 2021, Eastern Investments had a promoter holding of 68.55% and a public holding of 31.46%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Eastern Investments?

Unlock and access historical data on people associated with Eastern Investments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eastern Investments, 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 Eastern Investments'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 Eastern Investments

Recent activity within the organization

  • Director Appointment

    Suresh Chandra Pandey was appointed as a Additional Director was appointed as a Additional Director on 17 Jan 2024 & has been associated with this company since 1 year 14 days .

    17 Jan 2024

  • Annual General Meeting

    Eastern Investments Ltd last Annual general meeting of members was held on 23 Dec 2023 as per latest MCA records.

    23 Dec 2023

  • Balance Sheet

    Eastern Investments Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Raja Babu Sailada was appointed as a Company Secretary was appointed as a Company Secretary on 11 Nov 2022 & has been associated with this company since 2 years 2 months .

    11 Nov 2022

  • Director Appointment

    Puspen Sarkar was appointed as a Cfo was appointed as a Cfo on 30 Aug 2022 & has been associated with this company since 2 years 5 months .

    30 Aug 2022

  • Director Appointment

    Vasudevan Pillai Puliyananickal Anil Kumar was appointed as a Director was appointed as a Director on 03 Nov 2021 & has been associated with this company since 3 years 2 months .

    03 Nov 2021

Frequently asked questions

  • Eastern Investments Ltd was incorporated on 03 Jan 1927.

  • The authorized share capital of Eastern Investments Ltd is ₹ 13.50 Cr and paid-up capital is ₹ 1.44 Cr.

  • Currently 6 directors are associated with Eastern Investments Ltd.

    • Atul Bhatt
    • Vasudevan Pillai Puliyananickal Anil Kumar
    • Suresh Chandra Pandey
    • Swapna Bhattacharya
    • Raja Babu Sailada
    • Puspen Sarkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eastern Investments Ltd is Plot No. 255 Pristine Green, Pokhariput India, Bhubaneswar, Orissa, 751020.

  • The corporate identification number (CIN) of Eastern Investments Ltd is L65993OR1927GOI034842 and the company number is 005532 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Eastern Investments Ltd is https://www.birdgroup.gov.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Eastern Investments Ltd has fallen by -36.70%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Eastern Investments Ltd has experienced an downturn of -0.16%.

  • The most recent Balance Sheet for Eastern Investments Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on NBFC