Elecon Peripherals Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 10.00 K
- Company Age 26 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 11.04 Cr
- Revenue Growth 45.28%
- Profit Growth 222.58%
- Ebitda 184.68%
- Net Worth 61.77%
- Total Assets 50.28%
About Elecon Peripherals
Elecon Peripherals Limited (EPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 June 1998 and has a history of 26 years and eight months. Its registered office is in Vallabh Vidyanagar, Gujarat, India.
The Corporate was formerly known as Ringspann Elecon (India) Limited. The Company is engaged in the Automotive 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 2.50 Cr and a paid-up capital of Rs 10.00 K .
The company has closed loans amounting to ₹11.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Koshali Patel, Ravin Shah, Dineshbhai Patel, and One other member serve as directors at the Company.
Company Details
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Location
Vallabh Vidyanagar, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29224GJ1998PLC034233
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Company No.
034233
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
08 Jun 1998
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Date of AGM
10 Aug 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Elecon Peripherals Limited offer?
Elecon Peripherals Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Industrial Gears, Automotive Gears, Power Transmission Tools & Couplings, Mechanical Drives, Marine Fittings, Marine Gearboxes, Planetary Gearbox, Heli-worm Gear Unit.
Who are the key members and board of directors at Elecon Peripherals?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Koshali Patel
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Additional Director | 05-Apr-2024 | Current |
Ravin Shah
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Director | 01-Jun-2020 | Current |
Dineshbhai Patel
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Director | 30-Jan-2006 | Current |
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Prayasvin Patel
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Director | 08-Jun-1998 | Current |
Financial Performance of Elecon Peripherals.
Elecon Peripherals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.28% increase. The company also saw a substantial improvement in profitability, with a 222.58% increase in profit. The company's net worth Soared by an impressive increase of 61.77%.
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What is the Ownership and Shareholding Structure of Elecon Peripherals?
In 2022, Elecon Peripherals 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)
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Vijay M. Mistry Construction Private LimitedRavin Shah and Prayasvin Patel are mutual person
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Tech Elecon Private LimitedRavin Shah and Prayasvin Patel are mutual person
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Prayas Engineering LimitedRavin Shah, Dineshbhai Patel and 1 more are mutual person
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Modsonic Instruments Manufacturing Company Private LimitedPrayasvin Patel is a mutual person
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Emtici Engineering LimitedRavin Shah and Prayasvin Patel are mutual person
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Elecon Information Technology LimitedRavin Shah and Prayasvin Patel are mutual person
Charges (Loans)
₹0
₹11.04 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 7.13 Cr
- State Bank Of India : 3.17 Cr
- State Bank Of Saurashtra : 0.50 Cr
- Bank Of Baroda : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2016 | Axis Bank Limited | ₹3.50 Cr | Satisfied |
| 04 Dec 2009 | State Bank Of India | ₹3.17 Cr | Satisfied |
| 28 Feb 2005 | State Bank Of Saurashtra | ₹5.00 M | Satisfied |
| 27 Nov 2003 | Axis Bank Limited | ₹3.63 Cr | Satisfied |
| 06 Apr 2002 | Bank Of Baroda | ₹2.40 M | Satisfied |
How Many Employees Work at Elecon Peripherals?
Elecon Peripherals has a workforce of 31 employees as of Mar 27, 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 Peripherals, 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 Peripherals'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.
