Ergo Auto Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.00 Cr
- Satisfied Charges ₹ 2.68 Cr
- Revenue Growth -22.51%
- Profit Growth -7427.78%
- Ebitda -71.08%
- Net Worth -13.37%
- Total Assets -11.32%
About Ergo Auto
Ergo Auto Limited (EAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 April 1995 and has a history of 29 years and nine months. Its registered office is in Delhi, India.
The Corporate was formerly known as Studds 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 3.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹2.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prabhjit Bagga, Inderpal Bagga, Harbhajan Bagga, and Three other members serve as directors at the Company.
Company Details
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Location
Delhi, 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
U74899DL1995PLC067537
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Company No.
067537
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Apr 1995
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Date of AGM
28 Sep 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 Delhi
Industry
Who are the key members and board of directors at Ergo Auto?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhjit Bagga
|
Director | 08-Apr-2013 | Current |
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Inderpal Bagga
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Director | 08-Apr-2013 | Current |
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Harbhajan Bagga
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Director | 08-Apr-2013 | Current |
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Amarjit Bagga
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Additional Director | 08-Apr-2013 | Current |
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Paramjit Bagga
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Director | 08-Apr-2013 | Current |
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Rajinder Bagga
|
Director | 08-Apr-2013 | Current |
Financial Performance of Ergo Auto.
Ergo Auto Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 22.51% decrease. The company also saw a substantial fall in profitability, with a 7427.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.37%.
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What is the Ownership and Shareholding Structure of Ergo Auto?
In 2021, Ergo Auto had a promoter holding of 38.71% and a public holding of 61.29%. 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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Fashionage Corporation Private LimitedPrabhjit Bagga, Inderpal Bagga and 4 more are mutual person
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V D Fabricators Private LimitedPrabhjit Bagga and Paramjit Bagga are mutual person
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Nordic Bazaar (India) Private Limited
Prabhjit Bagga and Paramjit Bagga are mutual person
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Nordic Fashion Private Limited
Prabhjit Bagga, Harbhajan Bagga and 1 more are mutual person
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M.Nine Clothing Private Limited
Harbhajan Bagga and Paramjit Bagga are mutual person
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Fashion Co-Ordinators Pvt Ltd
Harbhajan Bagga, Amarjit Bagga and 1 more are mutual person
Charges (Loans)
₹3.00 Cr
₹2.68 Cr
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2019 | Others | ₹3.00 Cr | Open |
| 08 Sep 2016 | Others | ₹2.00 Cr | Satisfied |
| 14 Dec 2011 | Icici Bank Limited | ₹5.00 M | Satisfied |
| 10 Feb 2004 | Canara Bank | ₹0.30 M | Satisfied |
| 03 Aug 1996 | Canara Bank | ₹1.50 M | Satisfied |
How Many Employees Work at Ergo Auto?
Ergo Auto has a workforce of 47 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 Ergo Auto, 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 Ergo Auto'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.
