Electrofab Innovations (India) Private Limited

Manufactures and supplies control panels and distribution boxes for various industries.

2004 | Nashik, Maharashtra (India) | Active
Last Updated: November 16, 2024

Electrofab Innovations (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 243.68 Cr
  • Satisfied Charges ₹ 1.11 Cr
  • Revenue Growth 48.81%
  • Profit Growth 33.22%
  • Ebitda 53.75%
  • Net Worth 11.91%
  • Total Assets -0.45%

About Electrofab Innovations (India)

Electrofab Innovations (India) Private Limited (EIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2004 and has a history of 20 years and five months. Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.62 Cr.

The company currently has active open charges totaling ₹243.68 Cr. The company has closed loans amounting to ₹1.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prashant Sangai and Archana Sangai serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909MH2004PTC148079

  • Company No.

    148079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Electrofab Innovations (India) Private Limited offer?

Electrofab Innovations (India) Private Limited offers a wide range of products and services, including Transformers & Transformer Parts, Distribution Transformer, Electrical Panels & Distribution Box, Distribution Box.

Who are the key members and board of directors at Electrofab Innovations (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Prashant Sangai Country flag representing In Director 18-Aug-2004Current
Archana Sangai Country flag representing In Director 28-Sep-2010Current

Financial Performance of Electrofab Innovations (India).

Electrofab Innovations (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.81% increase. The company also saw a substantial improvement in profitability, with a 33.22% increase in profit. The company's net worth Soared by an impressive increase of 11.91%.

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
48.81%
Revenue from Operations
49.51%
Total Assets
-0.45%
Profit or Loss
33.22%
Net Worth
11.91%
EBITDA
53.75%

What is the Ownership and Shareholding Structure of Electrofab Innovations (India)?

In 2023, Electrofab Innovations (India) 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

₹243.68 Cr

Satisfied Charges

₹1.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 186.84 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 45.49 Cr
  • Sidbi : 7.48 Cr
  • The Shamrao Vitthal Cooperative Bank Limited : 2.92 Cr
  • The Shamrao Vithal Co-Op. Bank Ltd. : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2024Others₹10.00 CrOpen
10 May 2022Others₹12.50 CrOpen
10 May 2022Others₹34.82 CrOpen
21 Jan 2021Sidbi₹6.30 CrOpen
21 Oct 2020Sidbi₹1.82 MOpen

How Many Employees Work at Electrofab Innovations (India)?

Unlock and access historical data on people associated with Electrofab Innovations (India), 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 Electrofab Innovations (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 Electrofab Innovations (India)'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 Electrofab Innovations (India)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 60.07 Cr registered on 25 Mar 2013 with Charge ID 10426691 was modified on 03 Oct 2024.

    03 Oct 2024

  • Annual General Meeting

    Electrofab Innovations (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Electrofab Innovations (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 31 Jan 2024 with Charge ID 100867692 was modified on 27 Feb 2024.

    27 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100867692 was registered on 31 Jan 2024.

    31 Jan 2024

  • Charges

    A charge with Others of Rs. 49.90 Cr registered on 25 Mar 2013 with Charge ID 10426801 was modified on 26 Aug 2022.

    26 Aug 2022

Frequently asked questions

  • Electrofab Innovations (India) Private Limited was incorporated on 18 Aug 2004.

  • The authorized share capital of Electrofab Innovations (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 2 directors are associated with Electrofab Innovations (India) Private Limited.

    • Prashant Arun Sangai
    • Archana Prashant Sangai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Electrofab Innovations (India) Private Limited is G-48 G-48/1 Midc Ambad India, Nashik, Maharashtra, 422010.

  • The corporate identification number (CIN) of Electrofab Innovations (India) Private Limited is U31909MH2004PTC148079 and the company number is 148079 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Electrofab Innovations (India) Private Limited is https://www.sangaigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Electrofab Innovations (India) Private Limited has risen by 48.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Electrofab Innovations (India) Private Limited has experienced an upsurge of 11.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Electrofab Innovations (India) Private Limited amount to ₹ 243.68 Cr.

  • The most recent Balance Sheet for Electrofab Innovations (India) Private Limited was filed with the ROC on 31 Mar 2024.

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