Eon Electric Limited

Manufactures and markets energy-efficient lighting and electrical products with two plants in India.

1989 | Sonipat, Haryana (India) | Under Insolvency
Last Updated:

Eon Electric Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 8.45 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 148.84 Cr
  • Satisfied Charges ₹ 401.66 Cr
  • Revenue Growth -48.73%
  • Profit Growth -5599.43%
  • Ebitda -313.08%
  • Net Worth -19.07%
  • Total Assets -27.05%

About Eon Electric

Eon Electric Limited (EEL) is Under Cirp company established on 06 Nov 1989 with its office registered at Sonipat, Haryana, India and has been running since 35 Year, 5 Months with a paid up capital of 8.45 Cr. According to MCA records, 5 Directors and 2 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Sonipat, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31200HR1989PLC035580

  • Company No.

    035580

  • Stock Symbol

    BSE : 532658

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1989

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Eon Electric Limited offer?

Eon Electric Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, LED Downlight, Electrical Panels & Distribution Box, Distribution Box, Tube Light, Fuses, Circuit Breakers & Components, Low Voltage Switchgear, Circuit Breakers, Electrical Fuse, Switch Disconnector.

Company report

Eon Electric Limited

Explore comprehensive data for Eon Electric Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Eon Electric?

Executive Team (4)

NameDesignationAppointment DateStatus
Vivek Mahendru Country flag representing In Managing Director12-May-2012Current
Vinay Mahendru Country flag representing In Managing Director24-Jun-2010Current
Kul Satija Country flag representing In CFO12-Aug-2014Current
Arushi Bhardwaj Company Secretary02-May-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashish Bansal Country flag representing In Director 01-Apr-2019Current
Ashok Gupta Country flag representing In Director 01-Apr-2019Current
Shruti Kukreti Country flag representing In Additional Director 21-Mar-2020Current

Financial Performance of Eon Electric.

Eon Electric Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 48.73% decrease. The company also saw a substantial fall in profitability, with a 5599.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.07%.

Eon Electric revenue growth over time
Eon Electric 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
-48.73%
Revenue from Operations
-51.27%
Total Assets
-27.05%
Profit or Loss
-5599.43%
Net Worth
-19.07%
EBITDA
-313.08%

What is the Ownership and Shareholding Structure of Eon Electric?

In 2019, Eon Electric had a promoter holding of 61.75% and a public holding of 38.25%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹148.84 Cr

Satisfied Charges

₹401.66 Cr

Charges Breakdown by Lending Institutions

  • Others : 102.50 Cr
  • State Bank Of Patiala : 45.00 Cr
  • Standard Chartered Bank : 1.34 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2018Others₹28.50 CrOpen
24 Mar 2017Others₹24.00 CrOpen
17 Oct 2016Others₹50.00 CrOpen
15 Oct 2016Standard Chartered Bank₹1.34 CrOpen
22 Nov 2012State Bank Of Patiala₹45.00 CrOpen

How Many Employees Work at Eon Electric?

Eon Electric has a workforce of 4 employees as of Mar 30, 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.

Employee growth trends for Eon Electric Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eon Electric, 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 Eon Electric'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 Eon Electric

Recent activity within the organization

  • Director Appointment

    Arushi Bhardwaj was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2022 & has been associated with this company since 2 years 11 months .

  • Director Appointment

    Shruti Kukreti was appointed as a Additional Director was appointed as a Additional Director on 21 Mar 2020 & has been associated with this company since 5 years 23 days .

  • Charges

    A charge with Standard Chartered Bank of Rs. 1.34 Cr registered on 15 Oct 2016 with Charge ID 100065052 was modified on 23 Dec 2019.

  • Annual General Meeting

    Eon Electric Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Director Appointment

    Ashish Bansal was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 6 years 13 days .

  • Director Appointment

    Ashok Kumar Gupta was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 6 years 13 days .

Frequently asked questions

  • What is the Incorporation or founding date of Eon Electric Limited?

    Eon Electric Limited was incorporated on 06 Nov 1989.

  • What is authorized share capital and paid-up capital of Eon Electric Limited?

    The authorized share capital of Eon Electric Limited is ₹ 12.50 Cr and paid-up capital is ₹ 8.45 Cr.

  • Who are the current board members & directors of Eon Electric Limited?

    Currently 7 directors are associated with Eon Electric Limited.

    • Vinay Mahendru
    • Vivek Mahendru
    • Ashish Bansal
    • Ashok Kumar Gupta
    • Kul Bhushan Satija
    • Arushi Bhardwaj
    • Shruti Kukreti

  • What is the registered address of Eon Electric Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eon Electric Limited is Shastri Colony Near Indian Sr. Secondary School Main Gohana, Bye Pass India, Sonipat, Haryana, 131001.

  • What is the corporate identification number (CIN) and company number of Eon Electric Limited?

    The corporate identification number (CIN) of Eon Electric Limited is L31200HR1989PLC035580 and the company number is 035580 as per Ministry of Corporate Affairs (MCA).

  • Is Eon Electric Limited registered with any stock exchange in India?

    Yes, Eon Electric Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Eon Electric Limited?

    The Official website of Eon Electric Limited is https://www.eonelectric.com

  • What has been the recent revenue trend for Eon Electric Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Eon Electric Limited has fallen by -48.73%.

  • How many employees does Eon Electric Limited currently have?

    As Per 2019 financial reports, 4 employees are currently employed by Eon Electric Limited.

  • What change has been observed in the net worth of Eon Electric Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Eon Electric Limited has experienced an downturn of -19.07%.

  • What are the total open charges for Eon Electric Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Eon Electric Limited amount to ₹ 148.84 Cr.

  • When was the last Balance Sheet of Eon Electric Limited filed with the ROC?

    The most recent Balance Sheet for Eon Electric Limited was filed with the ROC on 31 Mar 2019.

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