Ergo Auto Limited

Manufactures and trades helmets and vehicle accessories for domestic and international markets.

1995 | Delhi (India) | Active
Last Updated:

Ergo Auto Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 29 Year, 10 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 ten 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

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PLC067537

  • Company No.

    067537

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 1995

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Ergo Auto?

Board Members (6)

NameDesignationAppointment DateStatus
Prabhjit Bagga Country flag representing In Director 08-Apr-2013Current
Inderpal Bagga Country flag representing In Director 08-Apr-2013Current
Harbhajan Bagga Country flag representing In Director 08-Apr-2013Current
Amarjit Bagga Country flag representing In Additional Director 08-Apr-2013Current
Paramjit Bagga Country flag representing In Director 08-Apr-2013Current
Rajinder Bagga Country flag representing In Director 08-Apr-2013Current

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%.

Ergo Auto revenue growth over time
Ergo Auto 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
-22.51%
Revenue from Operations
-22.51%
Total Assets
-11.32%
Profit or Loss
-7427.78%
Net Worth
-13.37%
EBITDA
-71.08%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.00 Cr

Satisfied Charges

₹2.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2019Others₹3.00 CrOpen
08 Sep 2016Others₹2.00 CrSatisfied
14 Dec 2011Icici Bank Limited₹5.00 MSatisfied
10 Feb 2004Canara Bank₹0.30 MSatisfied
03 Aug 1996Canara Bank₹1.50 MSatisfied

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.

Employee growth trends for Ergo Auto Limited

Deals i

Graph showing company valuation over time

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

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 Ergo Auto

Recent activity within the organization

  • Annual General Meeting

    Ergo Auto Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ergo Auto Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge registered on 08 Sep 2016 via Charge ID 100058423 with Others was fully satisfied on 23 Apr 2019.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100253074 was registered on 22 Mar 2019.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100058423 was registered on 08 Sep 2016.

  • Director Appointment

    Prabhjit Singh Bagga was appointed as a Director was appointed as a Director on 08 Apr 2013 & has been associated with this company since 11 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ergo Auto Limited?

    Ergo Auto Limited was incorporated on 20 Apr 1995.

  • What is authorized share capital and paid-up capital of Ergo Auto Limited?

    The authorized share capital of Ergo Auto Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Ergo Auto Limited?

    Currently 6 directors are associated with Ergo Auto Limited.

    • Prabhjit Singh Bagga
    • Inderpal Singh Bagga
    • Harbhajan Singh Bagga
    • Amarjit Singh Bagga
    • Paramjit Singh Bagga
    • Rajinder Singh Bagga

  • What is the registered address of Ergo Auto Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ergo Auto Limited is Plot No. 20 First Floor Block 18 Wea, Karol Bagh India, New Delhi, 110005.

  • What is the corporate identification number (CIN) and company number of Ergo Auto Limited?

    The corporate identification number (CIN) of Ergo Auto Limited is U74899DL1995PLC067537 and the company number is 067537 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ergo Auto Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ergo Auto Limited has fallen by -22.51%.

  • How many employees does Ergo Auto Limited currently have?

    As Per 2022 financial reports, 47 employees are currently employed by Ergo Auto Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Ergo Auto Limited has experienced an downturn of -13.37%.

  • What are the total open charges for Ergo Auto Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Ergo Auto Limited amount to ₹ 3.00 Cr.

  • When was the last Balance Sheet of Ergo Auto Limited filed with the ROC?

    The most recent Balance Sheet for Ergo Auto Limited was filed with the ROC on 31 Mar 2023.

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