Elecon Hydraulics Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 07-07-2024
- Paid Up Capital ₹ 8.10 M
as on 07-07-2024
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.50 M
as on 07-07-2024
- Satisfied Charges ₹ 9.00 Cr
as on 07-07-2024
- Revenue -41.38%
(FY 2023)
- Profit 13.89%
(FY 2023)
- Ebitda -2.89%
(FY 2023)
- Net Worth 136.86%
(FY 2023)
- Total Assets 7.72%
(FY 2023)
About Elecon Hydraulics
The Corporate was formerly known as Aakaaish Engineering Corporation 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 2.00 Cr and a paid-up capital of Rs 8.10 M.
The company currently has active open charges totaling ₹4.50 M. The company has closed loans amounting to ₹9.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravin Shah, Prayasvin Patel, and Pradip Patel serve as directors at the Company.
- CIN/LLPIN
U29130GJ2005PTC046206
- Company No.
046206
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jun 2005
- Date of AGM
10 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vallabh Vidyanagar, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Elecon Hydraulics?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravin Shah  | Director | 08-Jun-2005 | Current |
| Prayasvin Patel | Director | 03-Jan-2015 | Current |
| Pradip Patel | Director | 03-Jan-2015 | Current |
Financial Performance and Corporate Structure Insights of Elecon Hydraulics.
Elecon Hydraulics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.38% decrease. The company also saw a substantial improvement in profitability, with a 13.89% increase in profit. The company's net worth Soared by an impressive increase of 136.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Elecon Hydraulics?
In 2023, Elecon Hydraulics had a promoter holding of 100.00%. 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 LimitedActive 36 years 4 monthsRavin Shah, Prayasvin Patel and 1 more are mutual person
Tech Elecon Private LimitedActive 12 years 6 monthsRavin Shah, Prayasvin Patel and 1 more are mutual person
Modsonic Instruments Manufacturing Company Private LimitedActive 45 years 9 daysPrayasvin Patel is a mutual person
Emtici Engineering LimitedActive 68 years 9 monthsRavin Shah, Prayasvin Patel and 1 more are mutual person
Elecon Information Technology LimitedActive 40 years 5 monthsRavin Shah and Prayasvin Patel are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Bank Limited Creation Date: 19 Jul 2021 | ₹4.50 M | Open |
Axis Bank Limited Creation Date: 23 Mar 2016 | ₹4.25 Cr | Satisfied |
State Bank Of India Creation Date: 29 Jan 2016 | ₹4.75 Cr | Satisfied |
How Many Employees Work at Elecon Hydraulics?
Elecon Hydraulics has a workforce of 13 employees as of Apr 07, 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 Elecon Hydraulics, 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 Elecon Hydraulics'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.
