Ergoflex (I) Profile
Key Indicators
- Authorised Capital ₹ 8.55 Cr
- Paid Up Capital ₹ 8.55 Cr
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 27.02 Cr
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth -49.07%
- Profit Growth 20.33%
- Ebitda -86.83%
- Net Worth -97.51%
- Total Assets 0.61%
About Ergoflex (I)
Ergoflex (I) Private Limited (EIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 December 1998 and has a history of 26 years and one month. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Ganeshbari Ductile Castings Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 8.55 Cr and a paid-up capital of Rs 8.55 Cr.
The company currently has active open charges totaling ₹27.02 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Karuna Parekh, Nitarra Parekh, and Bharat Parekh serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, 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
U31104WB1998PTC088453
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Company No.
088453
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Dec 1998
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Date of AGM
30 Nov 2021
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Date of Balance Sheet
31 Mar 2021
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
What products or services does Ergoflex (I) Private Limited offer?
Ergoflex (I) Private Limited offers a wide range of products and services, including Living Room Furniture & Sofa Sets, Side Table, Wooden, Bamboo and Cane Furniture, Wood Chair & Stool, Bedroom Furniture & Bedroom Sets, Beds, Wooden Table, Wooden Bed, Office & Commercial Furniture, Study Table.
Who are the key members and board of directors at Ergoflex (I)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karuna Parekh
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Director | 13-Mar-2020 | Current |
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Nitarra Parekh
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Director | 16-Mar-2020 | Current |
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Bharat Parekh
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Director | 25-Oct-2006 | Current |
Financial Performance of Ergoflex (I).
Ergoflex (I) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 49.07% decrease. The company also saw a substantial improvement in profitability, with a 20.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 97.51%.
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What is the Ownership and Shareholding Structure of Ergoflex (I)?
In 2021, Ergoflex (I) 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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Panagarh Projects Private LimitedKaruna Parekh and Bharat Parekh are mutual person
Charges (Loans)
₹27.02 Cr
₹1.00 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 27.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2020 | Uco Bank | ₹3.93 Cr | Open |
| 21 Jul 2017 | Uco Bank | ₹23.09 Cr | Open |
| 11 Apr 2012 | Oriental Bank Of Commerce | ₹1.00 Cr | Satisfied |
How Many Employees Work at Ergoflex (I)?
Ergoflex (I) has a workforce of 25 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ergoflex (I), 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 Ergoflex (I)'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.
