Economode Food Equipment (India) Private Limited

Produces and sells snack fryer machines for various types of snacks.

2004 | Nashik, Maharashtra (India) | Active
Last Updated: November 16, 2024

Economode Food Equipment (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.11 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 16.82%
  • Profit Growth -73.14%
  • Ebitda 569.33%
  • Net Worth 6.61%
  • Total Assets 20.92%

About Economode Food Equipment (India)

Economode Food Equipment (India) Private Limited (EFEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 2004 and has a history of 21 years and one month. Its registered office is in Nashik, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹10.11 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arun Verma, Sushila Verma, and Manu Agarwal serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    economodefood.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29250MH2004PTC144122

  • Company No.

    144122

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Economode Food Equipment (India) Private Limited offer?

Economode Food Equipment (India) Private Limited offers a wide range of products and services, including Fast Food & Beverages Machinery, Chips Making Plant, Frying Equipment, Industrial Mixers & Homogenizers, Industrial Mixers, Apparel & Textile Machinery, Textile Machines, Food Processing Plants & Machinery, Food Slicer, Fruit & Vegetable Processing Machine.

Who are the key members and board of directors at Economode Food Equipment (India)?

Board Members (3)

NameDesignationAppointment DateStatus
Arun Verma Country flag representing In Director 21-Jan-2004Current
Sushila Verma Country flag representing In Director 21-Apr-2004Current
Manu Agarwal Country flag representing In Director 01-Feb-2011Current

Financial Performance of Economode Food Equipment (India).

Economode Food Equipment (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.82% increase. The company also saw a substantial fall in profitability, with a 73.14% decrease in profit. The company's net worth moved up by a moderate rise of 6.61%.

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
16.82%
Revenue from Operations
16.89%
Total Assets
20.92%
Profit or Loss
-73.14%
Net Worth
6.61%
EBITDA
569.33%

What is the Ownership and Shareholding Structure of Economode Food Equipment (India)?

In 2023, Economode Food Equipment (India) 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

₹10.11 Cr

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.01 Cr
  • Bank Of India : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2022Others₹1.03 MOpen
05 Aug 2021Others₹9.72 CrOpen
20 Mar 2021Others₹1.85 MOpen
18 Mar 2020Bank Of India₹1.03 MOpen
17 Jun 2014Bank Of India₹2.50 CrSatisfied

How Many Employees Work at Economode Food Equipment (India)?

Economode Food Equipment (India) has a workforce of 1 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economode Food Equipment (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 Economode Food Equipment (India)'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 Economode Food Equipment (India)

Recent activity within the organization

  • Annual General Meeting

    Economode Food Equipment (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 9.72 Cr registered on 05 Aug 2021 with Charge ID 100473621 was modified on 19 Jun 2024.

    19 Jun 2024

  • Balance Sheet

    Economode Food Equipment (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100654953 was registered on 29 Nov 2022.

    29 Nov 2022

  • Charges

    A charge registered on 17 Jun 2014 via Charge ID 10507567 with Bank Of India was fully satisfied on 23 Dec 2021.

    23 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 9.72 Cr with Charge ID 100473621 was registered on 05 Aug 2021.

    05 Aug 2021

Frequently asked questions

  • Economode Food Equipment (India) Private Limited was incorporated on 21 Jan 2004.

  • The authorized share capital of Economode Food Equipment (India) Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.10 Cr.

  • Currently 3 directors are associated with Economode Food Equipment (India) Private Limited.

    • Arun Dadda Kriparam Verma
    • Sushila Verma
    • Manu Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Economode Food Equipment (India) Private Limited is Gat No 352, Indore Rasegaon Road Talegaon Dindori India, Nashik, Maharashtra, 422004.

  • The corporate identification number (CIN) of Economode Food Equipment (India) Private Limited is U29250MH2004PTC144122 and the company number is 144122 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Economode Food Equipment (India) Private Limited is https://www.economodefood.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Economode Food Equipment (India) Private Limited has risen by 16.82%.

  • As Per 2023 financial reports, 1 employees are currently employed by Economode Food Equipment (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Economode Food Equipment (India) Private Limited has experienced an upsurge of 6.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Economode Food Equipment (India) Private Limited amount to ₹ 10.11 Cr.

  • The most recent Balance Sheet for Economode Food Equipment (India) Private Limited was filed with the ROC on 31 Mar 2024.

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