Economic Traders(Gujarat) Private Limited

Wholesale trading of machinery and equipment, specializing in agricultural and industrial engineering exports.

1972 | Rajkot, Gujarat (India) | Active
Last Updated: December 16, 2024

Economic Traders(Gujarat) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.82 M
  • Company Age 52 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.44 Cr
  • Satisfied Charges ₹ 10.50 Cr
  • Revenue Growth %
  • Profit Growth -7.24%
  • Ebitda -27.28%
  • Net Worth -1.13%
  • Total Assets -3.22%

About Economic Traders(Gujarat)

Economic Traders(Gujarat) Private Limited (ETPL) was founded in India on 12 June 1972 and has a glorious history of 52 years and seven months.Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Economic Traders(Gujarat) Limited. 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 5.00 M and a paid-up capital of Rs 4.82 M.

The company currently has active open charges totaling ₹6.44 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alka Vora, Saurin Vora, and Indulal Vora serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ1972PTC002102

  • Company No.

    002102

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1972

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Economic Traders(Gujarat) Private Limited offer?

Economic Traders(Gujarat) Private Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Diesel Engine, Pumps, Pumping Machines & Spares, Centrifugal Pumps, Cranes, Forklift & Lifting Machines, Construction Hoist.

Who are the key members and board of directors at Economic Traders(Gujarat)?

Board Members (3)

Name Designation Appointment Date Status
Alka Vora Country flag representing In Director 01-Apr-1993 Current
Saurin Vora Country flag representing In Director 30-Jan-1996 Current
Indulal Vora Country flag representing In Director 12-Jun-1972 Current

Financial Performance of Economic Traders(Gujarat).

Economic Traders(Gujarat) Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 7.24% decrease in profit. The company's net worth dipped by a decrease of 1.13%.

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
Revenue from Operations
Total Assets
-3.22%
Profit or Loss
-7.24%
Net Worth
-1.13%
EBITDA
-27.28%

What is the Ownership and Shareholding Structure of Economic Traders(Gujarat)?

In 2022, Economic Traders(Gujarat) had a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.40 M

Satisfied Charges

₹105.00 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 6.44 Cr

Latest Charge Details

Date Lender Amount Status
09 Oct 2020 Yes Bank Limited ₹6.44 Cr Open
14 Sep 1989 State Bank Of India ₹10.50 Cr Satisfied

How Many Employees Work at Economic Traders(Gujarat)?

Economic Traders(Gujarat) has a workforce of 1 employees as of Mar 22, 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 Economic Traders(Gujarat), 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 Economic Traders(Gujarat)'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 Economic Traders(Gujarat)

Recent activity within the organization

  • Annual General Meeting

    Economic Traders(Gujarat) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Economic Traders(Gujarat) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 64.40 M registered on 09 Oct 2020 with Charge ID 100390068 was modified on 23 Mar 2022.

    23 Mar 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 64.40 M with Charge ID 100390068 was registered on 09 Oct 2020.

    09 Oct 2020

  • Charges

    A charge registered on 14 Sep 1989 via Charge ID 90112014 with State Bank Of India was fully satisfied on 04 Jun 2015.

    04 Jun 2015

  • Charges

    A charge with State Bank Of India of Rs. 105.00 M registered on 14 Sep 1989 with Charge ID 90112014 was modified on 20 Sep 2006.

    20 Sep 2006

Frequently asked questions

  • Economic Traders(Gujarat) Private Limited was incorporated on 12 Jun 1972.

  • The authorized share capital of Economic Traders(Gujarat) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.82 M.

  • Currently 3 directors are associated with Economic Traders(Gujarat) Private Limited.

    • Alka Manharlal Vora
    • Saurin Mahendra Vora
    • Indulal Vallabhji Vora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Economic Traders(Gujarat) Private Limited is 301 Sterling Aprts, Jawahar Road India, Rajkot, Gujarat, 360001.

  • The corporate identification number (CIN) of Economic Traders(Gujarat) Private Limited is U51909GJ1972PTC002102 and the company number is 002102 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Economic Traders(Gujarat) Private Limited is https://www.etgpl.com

  • As Per 2022 financial reports, 1 employees are currently employed by Economic Traders(Gujarat) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Economic Traders(Gujarat) Private Limited has experienced an downturn of -1.13%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Economic Traders(Gujarat) Private Limited amount to ₹ 6.44 Cr.

  • The most recent Balance Sheet for Economic Traders(Gujarat) Private Limited was filed with the ROC on 31 Mar 2024.

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