Ethics Innovations Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.46 Cr
- Satisfied Charges ₹ 7.98 Cr
- Revenue Growth 37.58%
- Profit Growth -37.36%
- Ebitda 4.70%
- Net Worth 32.49%
- Total Assets -3.92%
About Ethics Innovations
Ethics Innovations Private Limited (EIPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 October 2017 (Seven years and three months 24 days old ). Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Transport And Logistics 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹4.46 Cr. The company has closed loans amounting to ₹7.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bipinbhai Kevadiya, Rajendrakumar Asodaria, Chiragbhai Lakhani, and One other member serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U60300GJ2017PTC099613
- Company No.
099613
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Oct 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Ethics Innovations?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bipinbhai Kevadiya  | Managing Director | 31-Oct-2017 | Current |
| Rajendrakumar Asodaria | Managing Director | 05-Dec-2018 | Current |
| Chiragbhai Lakhani | Managing Director | 01-Mar-2018 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sagar Sejpal | Director | 22-Aug-2023 | Current |
Financial Performance of Ethics Innovations.
Ethics Innovations Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.58% increase. The company also saw a substantial fall in profitability, with a 37.36% decrease in profit. The company's net worth Soared by an impressive increase of 32.49%.
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What is the Ownership and Shareholding Structure of Ethics Innovations?
In 2022, Ethics Innovations 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)
Ethics Creation Private LimitedBipinbhai Kevadiya, Rajendrakumar Asodaria and 1 more are mutual person
Ethics Infotech LlpRajendrakumar Asodaria is a mutual person
Ethics Infinity Private LimitedBipinbhai Kevadiya, Rajendrakumar Asodaria and 1 more are mutual person
Ethics Express Private LimitedBipinbhai Kevadiya, Rajendrakumar Asodaria and 1 more are mutual person
Ethics Prosperity Private LimitedBipinbhai Kevadiya, Rajendrakumar Asodaria and 1 more are mutual person
Ethics Steel Private LimitedRajendrakumar Asodaria is a mutual person
Charges (Loans)
₹44.57 M
₹79.80 M
Charges Breakdown by Lending Institutions
- Others : 4.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2022 | Others | ₹4.46 Cr | Open |
| 01 Jul 2019 | Others | ₹3.99 Cr | Satisfied |
| 29 Jun 2019 | Others | ₹3.99 Cr | Satisfied |
How Many Employees Work at Ethics Innovations?
Ethics Innovations has a workforce of 59 employees as of Apr 05, 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 Ethics Innovations, 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 Ethics Innovations'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.
