Eimco Elecon (India ) Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.77 Cr
- Company Age 50 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 101.00 Cr
- Satisfied Charges ₹ 45.82 Cr
- Revenue Growth 95.66%
- Profit Growth 144.94%
- Ebitda 163.57%
- Net Worth 5.83%
- Total Assets 6.81%
About Eimco Elecon (India )
Eimco Elecon (India ) Limited (EEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 July 1974 and has a history of 50 years and six months. Its registered office is in Anand, Gujarat.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523708 and on the National Stock Exchange(NSE) under EIMCOELECO.
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 5.77 Cr.
The company currently has active open charges totaling ₹101.00 Cr. The company has closed loans amounting to ₹45.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Eimco Elecon (India ) Limited India are Vishal Begwani as CFO and Rikenkumar Dalwadi as Company Secretary. Pradip Patel, Prayasvin Patel, Reena Pravin, and Five other members serve as directors at the Company.
Company Details
- LocationAnand, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L29199GJ1974PLC002574
- Company No.
002574
- Stock Symbol
BSE : 523708 NSE : EIMCOELECO
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jul 1974
- Date of AGM
28 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Eimco Elecon (India ) Limited offer?
Eimco Elecon (India ) Limited offers a wide range of products and services, including Drilling & Boring Equipment, Drilling Rigs, Pumps, Pumping Machines & Spares, Piston Pumps, Material Handling Machines & Systems, Industrial Hopper, Drum Handling Equipment, Elevators & Escalators, Goods Lift, Radial Piston Motor.
Who are the key members and board of directors at Eimco Elecon (India )?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Begwani  | CFO | 01-Oct-2021 | Current |
| Rikenkumar Dalwadi | Company Secretary | 29-Jan-2019 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatraman Srinivasan | Director | 24-Apr-2023 | Current |
| Pradip Patel | Director | 11-Jan-1996 | Current |
| Prayasvin Patel | Whole-Time Director | 09-May-1992 | Current |
| Reena Pravin | Director | 09-Nov-2016 | Current |
| Manjula Shroff | Director | 02-Feb-2015 | Current |
| Jai Diwanji | Director | 04-Apr-2024 | Current |
Financial Performance of Eimco Elecon (India ).
Eimco Elecon (India ) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.66% increase. The company also saw a substantial improvement in profitability, with a 144.94% increase in profit. The company's net worth moved up by a moderate rise of 5.83%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Eimco Elecon (India )?
In 2023, Eimco Elecon (India ) had a promoter holding of 74.06% and a public holding of 25.94%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vijay M. Mistry Construction Private LimitedPradip Patel and Prayasvin Patel are mutual person
Tech Elecon Private LimitedPradip Patel and Prayasvin Patel are mutual person
Senores Pharmaceuticals LimitedManjula Shroff is a mutual person
Prayas Engineering LimitedPrayasvin Patel is a mutual person
Onward Technologies LimitedJai Diwanji is a mutual person
Modsonic Instruments Manufacturing Company Private LimitedPrayasvin Patel is a mutual person
Charges (Loans)
₹101.00 Cr
₹45.82 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 65.00 Cr
- Axis Bank Limited : 36.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2023 | Axis Bank Limited | ₹36.00 Cr | Open |
| 09 Feb 2009 | State Bank Of India | ₹24.00 Cr | Open |
| 14 Mar 1992 | State Bank Of India | ₹41.00 Cr | Open |
| 18 Mar 2019 | State Bank Of India | ₹1.42 Cr | Satisfied |
| 08 May 2017 | Others | ₹5.00 Cr | Satisfied |
How Many Employees Work at Eimco Elecon (India )?
Eimco Elecon (India ) has a workforce of 117 employees as of Apr 05, 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 Eimco Elecon (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 Eimco Elecon (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.
