Econ Electro Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.50 M
- Company Age 32 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.91 Cr
- Satisfied Charges ₹ 0.80 M
- Revenue Growth 66.52%
- Profit Growth 63.13%
- Ebitda 115.69%
- Net Worth 24.58%
- Total Assets 52.27%
About Econ Electro
Econ Electro Pvt Ltd (EEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 September 1992 and has a history of 32 years and four months. Its registered office is in Vadodara, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹8.91 Cr. The company has closed loans amounting to ₹0.80 M, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29308GJ1992PTC018271
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Company No.
018271
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Sep 1992
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Econ Electro?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipul Ray
|
Managing Director | 30-Sep-2005 | Current |
Jignesha Ray
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Managing Director | 30-Sep-2005 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Shashikant Janardan
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Director | 30-Sep-2005 | Current |
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Jayantilal Ray
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Director | 30-Sep-2005 | Current |
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Manjulaben Ray
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Director | 01-May-1998 | Current |
Financial Performance of Econ Electro.
Econ Electro Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 66.52% increase. The company also saw a substantial improvement in profitability, with a 63.13% increase in profit. The company's net worth Soared by an impressive increase of 24.58%.
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What is the Ownership and Shareholding Structure of Econ Electro?
In 2021, Econ Electro had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Elmex Electric Private LimitedShashikant Janardan, Jayantilal Ray and 3 more are mutual person
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Elmex Controls Pvt LtdShashikant Janardan, Jayantilal Ray and 3 more are mutual person
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Ingenium Solutions LlpManjulaben Ray and Jignesha Ray are mutual person
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Hexis Technologies Llp
Manjulaben Ray and Jignesha Ray are mutual person
Charges (Loans)
₹8.91 Cr
₹0.08 Cr
Charges Breakdown by Lending Institutions
- Others : 8.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Oct 2018 | Others | ₹8.91 Cr | Open |
| 27 Aug 1994 | The Makarpura Industrial Estate Co-Op. Bank Ltd. | ₹0.80 M | Satisfied |
How Many Employees Work at Econ Electro?
Econ Electro has a workforce of 36 employees as of Apr 09, 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 Econ Electro, 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 Econ Electro'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.
