Econo Trade (India) Profile
Key Indicators
- Authorised Capital ₹ 18.67 Cr
- Paid Up Capital ₹ 18.67 Cr
- Company Age 42 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.47 Cr
- Revenue Growth -61.46%
- Profit Growth -6.96%
- Ebitda 5.63%
- Net Worth 0.83%
- Total Assets 1.13%
About Econo Trade (India)
Econo Trade (India) Ltd (ETIL) is a Public Limited Indian Non-Government Company incorporated in India on 20 November 1982 and has a history of 42 years and five months. Its registered office is in Bhavnagar, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538708.
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 2024. It's a company limited by shares with an authorized capital of Rs 18.67 Cr and a paid-up capital of Rs 18.67 Cr.
The company currently has active open charges totaling ₹5.47 Cr.
The Key Managerial Personnel (KMP) at Econo Trade (India) Ltd India are Anny Sachdev as CFO and Siddharth Sharma as Company Secretary. Shekh Kasambhai, Irfan Belim, Solanki Naranbhai, and Two other members serve as directors at the Company.
Company Details
- Location
Bhavnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L51109GJ1982PLC156832
- Company No.
035466
- Stock Symbol
BSE : 538708
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Nov 1982
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Financial Services
Econo Trade (India) Ltd
Explore comprehensive data for Econo Trade (India) Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Econo Trade (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shekh Kasambhai  | Managing Director | 21-Jul-2018 | Current |
| Anny Sachdev | CFO | 02-Apr-2024 | Current |
| Siddharth Sharma | Company Secretary | 30-Mar-2015 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Irfan Belim | Director | 26-Dec-2017 | Current |
| Solanki Naranbhai | Director | 16-Oct-2021 | Current |
| Jyoti Kantariya | Director | 23-Sep-2019 | Current |
| Abbas Rupawala | Director | 28-Sep-2024 | Current |
Financial Performance of Econo Trade (India).
Econo Trade (India) Ltd, for the financial year ended 2019, experienced significant reduction in revenue, with a 61.46% decrease. The company also saw a slight decrease in profitability, with a 6.96% decrease in profit. The company's net worth moved up by a moderate rise of 0.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Econo Trade (India)?
In 2024, Econo Trade (India) had a promoter holding of 26.18% and a public holding of 73.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹5.47 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 5.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2021 | Others | ₹5.47 Cr | Open |
How Many Employees Work at Econo Trade (India)?
Unlock and access historical data on people associated with Econo Trade (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Econo Trade (India), 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 Econo Trade (India)'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.
Latest Updates, News, and FAQs on Econo Trade (India)
Recent activity within the organization
- Annual General Meeting
Econo Trade (India) Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Director Appointment
Abbas Mustufa Rupawala was appointed as a Director was appointed as a Director on 28 Sep 2024 & has been associated with this company since 7 months 15 days .
- Director Appointment
Anny Shankarlal Sachdev was appointed as a Cfo was appointed as a Cfo on 02 Apr 2024 & has been associated with this company since 1 year 1 month .
- Balance Sheet
Econo Trade (India) Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 5.47 Cr registered on 26 Aug 2021 with Charge ID 100479261 was modified on 26 Jul 2023.
- Director Appointment
Solanki Ashvinbhai Naranbhai was appointed as a Director was appointed as a Director on 16 Oct 2021 & has been associated with this company since 3 years 6 months .
Recent News, Updates & Announcement
- Econo Trade: Outcome of board meeting.
This is to inform you that the meeting of the Nomination & remuneration committee of M/s Econo Trade was held on April 17, 2017..
Frequently asked questions
What is the Incorporation or founding date of Econo Trade (India) Ltd?
Econo Trade (India) Ltd was incorporated on 20 Nov 1982.
What is authorized share capital and paid-up capital of Econo Trade (India) Ltd?
The authorized share capital of Econo Trade (India) Ltd is ₹ 18.67 Cr and paid-up capital is ₹ 18.67 Cr.
Who are the current board members & directors of Econo Trade (India) Ltd?
Currently 7 directors are associated with Econo Trade (India) Ltd.
- Shekh Hasina Kasambhai
- Irfan Ahmedbhai Belim
- Solanki Ashvinbhai Naranbhai
- Jyoti Sureshbhai Kantariya
- Abbas Mustufa Rupawala
- Anny Shankarlal Sachdev
- Siddharth Sharma
What is the registered address of Econo Trade (India) Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Econo Trade (India) Ltd is Plot No. 1280 Sh No G/F 9 Eva Surbhi Waghawadi Road, India, Bhavnagar, Gujarat, 364002.
What is the corporate identification number (CIN) and company number of Econo Trade (India) Ltd?
The corporate identification number (CIN) of Econo Trade (India) Ltd is L51109GJ1982PLC156832 and the company number is 035466 as per Ministry of Corporate Affairs (MCA).
Is Econo Trade (India) Ltd registered with any stock exchange in India?
Yes, Econo Trade (India) Ltd is registered on Bombay Stock Exchange (BSE).
What is the official website of Econo Trade (India) Ltd?
The Official website of Econo Trade (India) Ltd is https://www.econo.in
What has been the recent revenue trend for Econo Trade (India) Ltd?
According to the financial reports for the fiscal year 2019, the revenue trend for Econo Trade (India) Ltd has fallen by -61.46%.
What change has been observed in the net worth of Econo Trade (India) Ltd, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Econo Trade (India) Ltd has experienced an upsurge of 0.83%.
What are the total open charges for Econo Trade (India) Ltd?
As per the financial statements for fiscal Year 2019, The total open charges for Econo Trade (India) Ltd amount to ₹ 5.47 Cr.
When was the last Balance Sheet of Econo Trade (India) Ltd filed with the ROC?
The most recent Balance Sheet for Econo Trade (India) Ltd was filed with the ROC on 31 Mar 2024.
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