Effee Induction Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.19 Cr
- Company Age 5 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.22 Cr
- Revenue Growth 15.09%
- Profit Growth -15.44%
- Ebitda 67.50%
- Net Worth 129.19%
- Total Assets 91.11%
About Effee Induction
Effee Induction Private Limited (EIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 26 April 2019 (Five years and ten months 3 days old ). Its registered office is in Bangalore North, Karnataka, India.
The Corporate was formerly known as Induction Spares And Service India Private 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.19 Cr.
The company currently has active open charges totaling ₹1.22 Cr.
Mysore Shivshankar and Helge Strand serve as directors at the Company.
Company Details
- Location
Bangalore North, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31500KA2019FTC123827
- Company No.
123827
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
26 Apr 2019
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Effee Induction Private Limited offer?
Effee Induction Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Chillers, Heater, Thermostat & Heating Devices, Heating Coils & Tubes, Biometrics & Access Control Devices, Smart Cards, Inverters, UPS and Converters, Power Supply Systems, Transformers & Transformer Parts, Electronic Transformers.
Who are the key members and board of directors at Effee Induction?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mysore Shivshankar  | Director | 14-Apr-2023 | Current |
Helge Strand  | Director | 26-Apr-2019 | Current |
Financial Performance of Effee Induction.
Effee Induction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.09% increase. The company also saw a substantial fall in profitability, with a 15.44% decrease in profit. The company's net worth Soared by an impressive increase of 129.19%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Effee Induction?
In 2023, Effee Induction had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹1.22 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2022 | Others | ₹1.02 Cr | Open |
| 16 Oct 2020 | Others | ₹2.00 M | Open |
How Many Employees Work at Effee Induction?
Effee Induction has a workforce of 41 employees as of Apr 02, 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 Effee Induction, 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 Effee Induction'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.
