Eriez Magnetics India Private Limited

Manufacturer of magnetic separators, vibrators, and other equipment for mining, glass, metal, plastics, pharmaceutical, and food industries.

1999 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Eriez Magnetics India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.37 Cr
  • Company Age 26 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth 13.22%
  • Profit Growth 86.19%
  • Ebitda 62.36%
  • Net Worth -7.00%
  • Total Assets 31.72%

About Eriez Magnetics India

Eriez Magnetics India Private Limited (EMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 1999 and has a history of 26 years. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Corporate was formerly known as Eriez Mbe India Limited. The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 4.37 Cr.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Noorul Shaik, Jaisen Kohmuench, Eric Nelson, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    eriez.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110TN1999PTC075892

  • Company No.

    075892

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1999

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Eriez Magnetics India Private Limited offer?

Eriez Magnetics India Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Coolant Oils, Laboratory & Lab Equipment, Lab Accessories, Bar, Neodymium & Permanent Magnets, Magnetic Separators, Conveyor Systems & Components, Conveyor Pulleys, Conveyor Components, Magnetic Equipment.

Who are the key members and board of directors at Eriez Magnetics India?

Executive Team (1)

NameDesignationAppointment DateStatus
Timothy Sheehan Country flag representing Us Managing Director27-Jul-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Jaisen Kohmuench Country flag representing Us Director 22-Jul-2020Current
Noorul Shaik Country flag representing In Director 25-Jan-2022Current
Eric Nelson Nominee Director 23-Sep-2024Current

Financial Performance of Eriez Magnetics India.

Eriez Magnetics India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.22% increase. The company also saw a substantial improvement in profitability, with a 86.19% increase in profit. The company's net worth dipped by a decrease of 7%.

Eriez Magnetics India revenue growth over time
Eriez Magnetics India 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
13.22%
Revenue from Operations
11.28%
Total Assets
31.72%
Profit or Loss
86.19%
Net Worth
-7.00%
EBITDA
62.36%

What is the Ownership and Shareholding Structure of Eriez Magnetics India?

In 2022, Eriez Magnetics 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

₹0.50 Cr

Satisfied Charges

₹1.30 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2017The Hongkong And Shanghai Banking Corporation Limited₹5.00 MOpen
27 Dec 1999State Bank Of India₹1.30 CrSatisfied

How Many Employees Work at Eriez Magnetics India?

Eriez Magnetics India has a workforce of 78 employees as of Apr 04, 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 Eriez Magnetics India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eriez Magnetics 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 Eriez Magnetics 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 Eriez Magnetics India

Recent activity within the organization

  • Annual General Meeting

    Eriez Magnetics India Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Director Appointment

    Eric Neil Nelson was appointed as a Nominee Director was appointed as a Nominee Director on 23 Sep 2024 & has been associated with this company since 5 months 10 days .

  • Balance Sheet

    Eriez Magnetics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Timothy Valentine Sheehan was appointed as a Managing Director was appointed as a Managing Director on 27 Jul 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Noorul Hassan Shaik was appointed as a Director was appointed as a Director on 25 Jan 2022 & has been associated with this company since 3 years 1 month .

  • Director Appointment

    Jaisen Nathaniel Kohmuench was appointed as a Director was appointed as a Director on 22 Jul 2020 & has been associated with this company since 4 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Eriez Magnetics India Private Limited?

    Eriez Magnetics India Private Limited was incorporated on 01 Mar 1999.

  • What is authorized share capital and paid-up capital of Eriez Magnetics India Private Limited?

    The authorized share capital of Eriez Magnetics India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.37 Cr.

  • Who are the current board members & directors of Eriez Magnetics India Private Limited?

    Currently 4 directors are associated with Eriez Magnetics India Private Limited.

    • Noorul Hassan Shaik
    • Jaisen Nathaniel Kohmuench
    • Eric Neil Nelson
    • Timothy Valentine Sheehan

  • What is the registered address of Eriez Magnetics India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eriez Magnetics India Private Limited is No. 1/1, Ambattur Vanagaram Main Road Athipet India, Chennai, Tamil Nadu, 600058.

  • What is the corporate identification number (CIN) and company number of Eriez Magnetics India Private Limited?

    The corporate identification number (CIN) of Eriez Magnetics India Private Limited is U85110TN1999PTC075892 and the company number is 075892 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Eriez Magnetics India Private Limited?

    The Official website of Eriez Magnetics India Private Limited is https://www.eriez.in

  • What has been the recent revenue trend for Eriez Magnetics India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Eriez Magnetics India Private Limited has risen by 13.22%.

  • How many employees does Eriez Magnetics India Private Limited currently have?

    As Per 2022 financial reports, 78 employees are currently employed by Eriez Magnetics India Private Limited.

  • What change has been observed in the net worth of Eriez Magnetics India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Eriez Magnetics India Private Limited has experienced an downturn of -7.00%.

  • What are the total open charges for Eriez Magnetics India Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Eriez Magnetics India Private Limited amount to ₹ 5.00 M.

  • When was the last Balance Sheet of Eriez Magnetics India Private Limited filed with the ROC?

    The most recent Balance Sheet for Eriez Magnetics India Private Limited was filed with the ROC on 31 Mar 2024.

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