Echar Engineering Private Limited

Manufactures elevator parts, panel boards, laser cutting machines, and stainless steel products.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Echar Engineering Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.36 M
  • Satisfied Charges ₹ 10.90 Cr
  • Revenue Growth 71.51%
  • Profit Growth 506.23%
  • Ebitda -11.56%
  • Net Worth 11.32%
  • Total Assets -13.51%

About Echar Engineering

Echar Engineering Private Limited (EEPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 February 1996 and has a history of 28 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.36 M. The company has closed loans amounting to ₹10.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rawsab Nakman and Mamta Nakman serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34200MH1996PTC097184

  • Company No.

    097184

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 1996

  • 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 Echar Engineering Private Limited offer?

Echar Engineering Private Limited offers a wide range of products and services, including Security AlArms, Detectors & Devices, Electronic Siren, Elevator Part, Elevator Car Operating Panel, Elevators, Car Elevator, Elevator Accessories, Machine & Precision Tools, Punching Machine, Fuses, Circuit Breakers & Components.

Who are the key members and board of directors at Echar Engineering?

Board Members (2)

Name Designation Appointment Date Status
Rawsab Nakman Country flag representing In Director 18-Aug-2003 Current
Mamta Nakman Country flag representing In Additional Director 05-Mar-2024 Current

Financial Performance of Echar Engineering.

Echar Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.51% increase. The company also saw a substantial improvement in profitability, with a 506.23% increase in profit. The company's net worth Soared by an impressive increase of 11.32%.

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
71.51%
Revenue from Operations
71.51%
Total Assets
-13.51%
Profit or Loss
506.23%
Net Worth
11.32%
EBITDA
-11.56%

What is the Ownership and Shareholding Structure of Echar Engineering?

In 2023, Echar Engineering had a promoter holding of 92.00% and a public holding of 8.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.36 M

Satisfied Charges

₹109.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr
  • The Saraswat Co-Op Bank : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
03 Jul 2019 Others ₹4.96 M Open
12 Feb 1998 The Saraswat Co-Op Bank ₹0.40 M Open
01 Jun 2011 Canara Bank ₹10.70 Cr Satisfied
24 Dec 2008 Canara Bank ₹2.00 M Satisfied
12 Feb 1998 The Saraswat Cooperative Bank Limited ₹0.00 Satisfied

How Many Employees Work at Echar Engineering?

Unlock and access historical data on people associated with Echar Engineering, 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 Echar Engineering, 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 Echar Engineering'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 Echar Engineering

Recent activity within the organization

  • Director Appointment

    Mamta Rawsab Nakman was appointed as a Additional Director was appointed as a Additional Director on 05 Mar 2024 & has been associated with this company since 11 months 5 days .

    05 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Echar Engineering 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 Others of Rs. 4.96 M registered on 03 Jul 2019 with Charge ID 100275999 was modified on 24 Mar 2022.

    24 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 4.96 M with Charge ID 100275999 was registered on 03 Jul 2019.

    03 Jul 2019

  • Charges

    A charge registered on 01 Jun 2011 via Charge ID 10359742 with Canara Bank was fully satisfied on 19 Aug 2015.

    19 Aug 2015

Frequently asked questions

  • Echar Engineering Private Limited was incorporated on 12 Feb 1996.

  • The authorized share capital of Echar Engineering Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Echar Engineering Private Limited.

    • Rawsab Malappa Nakman
    • Mamta Rawsab Nakman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Echar Engineering Private Limited is 19 Shanti Industrial Estate Ground Floor Sarojini Naidu Road Mulund (West), India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Echar Engineering Private Limited is U34200MH1996PTC097184 and the company number is 097184 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Echar Engineering Private Limited is https://www.echar.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Echar Engineering Private Limited has risen by 71.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Echar Engineering Private Limited has experienced an upsurge of 11.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Echar Engineering Private Limited amount to ₹ 5.36 M.

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

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