Ermotec International Private Limited

Manufacturer and exporter of construction equipment for various industries worldwide.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated:

Ermotec International Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.20 M
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.00 Cr
  • Satisfied Charges ₹ 1.80 Cr
  • Revenue Growth 101.36%
  • Profit Growth -111.00%
  • Ebitda 69.42%
  • Net Worth -102.67%
  • Total Assets -15.95%

About Ermotec International

Ermotec International Private Limited (EIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 2002 and has a history of 22 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Tracktechin International Private 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹1.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mehul Gandhi and Sonal Gandhi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U05150KA2002PTC030997

  • Company No.

    030997

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Company report

Ermotec International Private Limited

Explore comprehensive data for Ermotec International Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ermotec International?

Board Members (2)

NameDesignationAppointment DateStatus
Mehul Gandhi Country flag representing In Director 13-Sep-2002Current
Sonal Gandhi Country flag representing In Director 20-Jul-2005Current

Financial Performance of Ermotec International.

Ermotec International Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 101.36% increase. The company also saw a substantial fall in profitability, with a 111% decrease in profit. The company's net worth observed a substantial decline by a decrease of 102.67%.

Ermotec International revenue growth over time
Ermotec International 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
101.36%
Revenue from Operations
252.18%
Total Assets
-15.95%
Profit or Loss
-111.00%
Net Worth
-102.67%
EBITDA
69.42%

What is the Ownership and Shareholding Structure of Ermotec International?

In 2023, Ermotec International 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

₹45.00 Cr

Satisfied Charges

₹1.80 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 45.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2022Canara Bank₹30.00 CrOpen
14 Feb 2013Canara Bank₹15.00 CrOpen
31 Mar 2017Canara Bank₹1.80 CrSatisfied

How Many Employees Work at Ermotec International?

Unlock and access historical data on people associated with Ermotec International, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ermotec International Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ermotec International, 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 Ermotec International'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 Ermotec International

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 15.00 Cr registered on 14 Feb 2013 with Charge ID 10411918 was modified on 01 Jan 2024.

  • Annual General Meeting

    Ermotec International Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ermotec International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Canara Bank amounted to Rs. 30.00 Cr with Charge ID 100564112 was registered on 18 Mar 2022.

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100148510 with Canara Bank was fully satisfied on 07 Jan 2019.

  • Charges

    A charge with Canara Bank amounted to Rs. 1.80 Cr with Charge ID 100148510 was registered on 31 Mar 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Ermotec International Private Limited?

    Ermotec International Private Limited was incorporated on 13 Sep 2002.

  • What is authorized share capital and paid-up capital of Ermotec International Private Limited?

    The authorized share capital of Ermotec International Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Ermotec International Private Limited?

    Currently 2 directors are associated with Ermotec International Private Limited.

    • Mehul Indrakumar Gandhi
    • Sonal Mehul Gandhi
  • What is the registered address of Ermotec International Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ermotec International Private Limited is Unit No. A-1802 Miraya Rose By Ukn Apartments Whitefield Main Road, Siddapura India, Bangalore South, Karnataka, 560066.

  • What is the corporate identification number (CIN) and company number of Ermotec International Private Limited?

    The corporate identification number (CIN) of Ermotec International Private Limited is U05150KA2002PTC030997 and the company number is 030997 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ermotec International Private Limited?

    The Official website of Ermotec International Private Limited is https://www.ermotec.com

  • What has been the recent revenue trend for Ermotec International Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ermotec International Private Limited has risen by 101.36%.

  • What change has been observed in the net worth of Ermotec International Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ermotec International Private Limited has experienced an downturn of -102.67%.

  • What are the total open charges for Ermotec International Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ermotec International Private Limited amount to ₹ 45.00 Cr.

  • When was the last Balance Sheet of Ermotec International Private Limited filed with the ROC?

    The most recent Balance Sheet for Ermotec International Private Limited was filed with the ROC on 31 Mar 2023.

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