Echaar Equipments Private Limited

Manufacturer of precision components, CNC toolings, VMC, windmill energy components, and industrial machinery.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: July 06, 2024

Echaar Equipments Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.20 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 125.90 Cr
  • Revenue Growth 47.48%
  • Profit Growth -53.64%
  • Ebitda 9.60%
  • Net Worth 3.51%
  • Total Assets 4.37%

About Echaar Equipments

Echaar Equipments Private Limited (EEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2005 and has a history of 19 years and 11 months. Its registered office is in Mumbai, 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 10.00 Cr and a paid-up capital of Rs 7.20 Cr.

The company currently has active open charges totaling ₹125.90 Cr.

Ramesh Panchal and Kirti Panchal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    echaar.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28939MH2005PTC151304

  • Company No.

    151304

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Echaar Equipments Private Limited offer?

Echaar Equipments Private Limited offers a wide range of products and services, including CNC Machined Components, Precision Turned Components, Solar & Renewable Energy Products, Windmills & Wind Turbines, Turnkey Consultants & Solutions, Engineering Project.

Who are the key members and board of directors at Echaar Equipments?

Board Members (2)

Name Designation Appointment Date Status
Kirti Panchal Country flag representing In Director 15-Feb-2005 Current
Ramesh Panchal Country flag representing In Director 15-Feb-2005 Current

Financial Performance of Echaar Equipments.

Echaar Equipments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.48% increase. The company also saw a substantial fall in profitability, with a 53.64% decrease in profit. The company's net worth moved up by a moderate rise of 3.51%.

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
47.48%
Revenue from Operations
54.98%
Total Assets
4.37%
Profit or Loss
-53.64%
Net Worth
3.51%
EBITDA
9.60%

What is the Ownership and Shareholding Structure of Echaar Equipments?

In 2023, Echaar Equipments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹125.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 94.08 Cr
  • Sidbi : 25.36 Cr
  • The Thane Janata Sahakari Bank Limited : 2.00 Cr
  • The Thane Janata Sahakari Bank Ltd. : 1.70 Cr
  • Small Industrial Development Bank Of India : 1.43 Cr
  • Others : 1.33 Cr

Latest Charge Details

Date Lender Amount Status
18 Jan 2022 Sidbi ₹9.67 Cr Open
24 Dec 2021 Tjsb Sahakari Bank Limited ₹3.15 M Open
28 Oct 2021 Sidbi ₹1.08 Cr Open
25 Mar 2021 Tjsb Sahakari Bank Limited ₹4.00 Cr Open
09 Oct 2020 Sidbi ₹2.16 Cr Open

How Many Employees Work at Echaar Equipments?

Echaar Equipments has a workforce of 76 employees as of Jun 26, 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 Echaar Equipments, 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 Echaar Equipments'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 Echaar Equipments

Recent activity within the organization

  • Charges

    A charge with Tjsb Sahakari Bank Limited of Rs. 40.00 Cr registered on 05 Dec 2012 with Charge ID 10394350 was modified on 19 Dec 2023.

    19 Dec 2023

  • Annual General Meeting

    Echaar Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Echaar Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 9.67 Cr with Charge ID 100522991 was registered on 18 Jan 2022.

    18 Jan 2022

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100534008 was registered on 24 Dec 2021.

    24 Dec 2021

  • Charges

    A charge with Sidbi amounted to Rs. 1.08 Cr with Charge ID 100493246 was registered on 28 Oct 2021.

    28 Oct 2021

Frequently asked questions

  • Echaar Equipments Private Limited was incorporated on 15 Feb 2005.

  • The authorized share capital of Echaar Equipments Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.20 Cr.

  • Currently 2 directors are associated with Echaar Equipments Private Limited.

    • Ramesh Hemchand Panchal
    • Kirti Hemchand Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Echaar Equipments Private Limited is Plot No. A-48/49 Road No.10 Wagle Ind. Estate, Mumbai, Maharashtra, India, 400604.

  • The corporate identification number (CIN) of Echaar Equipments Private Limited is U28939MH2005PTC151304 and the company number is 151304 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Echaar Equipments Private Limited is https://www.echaar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Echaar Equipments Private Limited has risen by 47.48%.

  • As Per 2023 financial reports, 76 employees are currently employed by Echaar Equipments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Echaar Equipments Private Limited has experienced an upsurge of 3.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Echaar Equipments Private Limited amount to ₹ 125.90 Cr.

  • The most recent Balance Sheet for Echaar Equipments Private Limited was filed with the ROC on 31 Mar 2023.