Economy Rubber Private Limited

Specializes in trading and manufacturing of various types of rubber, including synthetic and natural.

1991 | Kolkata, West Bengal (India) | Active
Last Updated: July 30, 2024

Economy Rubber Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.12 M
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.39 Cr
  • Revenue Growth %
  • Profit Growth 89.49%
  • Ebitda 89.96%
  • Net Worth -0.37%
  • Total Assets 30.11%

About Economy Rubber

Economy Rubber Private Limited (ERPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 March 1991 and has a history of 33 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Shree Amritnagar Iron & Steel Co. Private Limited. The Company is engaged in the Trading 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 9.00 M and a paid-up capital of Rs 8.12 M.

The company has closed loans amounting to ₹8.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashok Goenka and Abhijit Halder serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112WB1991PTC051221

  • Company No.

    051221

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Trading

Who are the key members and board of directors at Economy Rubber?

Board Members (2)

Name Designation Appointment Date Status
Ashok Goenka Country flag representing In Director 25-Nov-1996 Current
Abhijit Halder Country flag representing In Director 16-May-2020 Current

Financial Performance of Economy Rubber.

Economy Rubber Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 89.49% increase in profit. The company's net worth dipped by a decrease of 0.37%.

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
30.11%
Profit or Loss
89.49%
Net Worth
-0.37%
EBITDA
89.96%

What is the Ownership and Shareholding Structure of Economy Rubber?

In 2023, Economy Rubber 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

₹0

Satisfied Charges

₹83.90 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 8.24 Cr
  • The Federal Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
07 Mar 2007 Indian Overseas Bank ₹8.24 Cr Satisfied
27 May 2006 The Federal Bank Limited ₹1.50 M Satisfied

How Many Employees Work at Economy Rubber?

Unlock and access historical data on people associated with Economy Rubber, 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 Economy Rubber, 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 Economy Rubber'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 Economy Rubber

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Economy Rubber Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Abhijit Halder was appointed as a Director was appointed as a Director on 16 May 2020 & has been associated with this company since 4 years 8 months .

    16 May 2020

  • Charges

    A charge registered on 07 Mar 2007 via Charge ID 10047887 with Indian Overseas Bank was fully satisfied on 16 Jan 2020.

    16 Jan 2020

  • Charges

    A charge with Indian Overseas Bank of Rs. 82.40 M registered on 07 Mar 2007 with Charge ID 10047887 was modified on 13 Mar 2012.

    13 Mar 2012

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 82.40 M with Charge ID 10047887 was registered on 07 Mar 2007.

    07 Mar 2007

Frequently asked questions

  • Economy Rubber Private Limited was incorporated on 22 Mar 1991.

  • The authorized share capital of Economy Rubber Private Limited is ₹ 9.00 M and paid-up capital is ₹ 8.12 M.

  • Currently 2 directors are associated with Economy Rubber Private Limited.

    • Ashok Kumar Goenka
    • Abhijit Halder
  • As per Ministry of Corporate Affairs (Mca), the registered address of Economy Rubber Private Limited is 30A Pramatha Chowdhury Sarani Block-A 3Rd Floor, Kolkata, West Bengal, India, 700053.

  • The corporate identification number (CIN) of Economy Rubber Private Limited is U28112WB1991PTC051221 and the company number is 051221 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Economy Rubber Private Limited has experienced an downturn of -0.37%.

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

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