Excelsource International Private Limited

Global sourcing solutions for engineering goods, machinery, and project management.

2003 | Vadodara, Gujarat (India) | Active
Last Updated: October 24, 2024

Excelsource International Profile

Key Indicators

  • Authorised Capital ₹ 12.70 Cr
  • Paid Up Capital ₹ 1.43 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 261.59 Cr
  • Satisfied Charges ₹ 120.57 Cr
  • Revenue Growth 47.90%
  • Profit Growth 127.73%
  • Ebitda 95.44%
  • Net Worth 18.18%
  • Total Assets 80.88%

About Excelsource International

Excelsource International Private Limited (EIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 March 2003 and has a history of 21 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Somika Minerals 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 12.70 Cr and a paid-up capital of Rs 1.43 Cr.

The company currently has active open charges totaling ₹261.59 Cr. The company has closed loans amounting to ₹120.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhavesh Buddhdev and Bharat Kodinaria serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    excelsource.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23209GJ2003PTC042113

  • Company No.

    042113

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Excelsource International Private Limited offer?

Excelsource International Private Limited offers a wide range of products and services, including Industrial Air Conditioner & Devices, Chillers, Plant Design & Installation Services, Industrial Equipment Installation, Dryers & Evaporators, Industrial Dryers, Medical Air Dryer, VRF System, Tower AC, Packaged Air Conditioner.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Bhavesh Buddhdev Country flag representing In Managing Director15-Mar-2005Current

Board Members (1)

NameDesignationAppointment DateStatus
Bharat Kodinaria Country flag representing In Director 01-Apr-2021Current

Financial Performance of Excelsource International.

Excelsource International Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.9% increase. The company also saw a substantial improvement in profitability, with a 127.73% increase in profit. The company's net worth Soared by an impressive increase of 18.18%.

Graph illustrating revenue growth over time
Graph showing 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
47.90%
Revenue from Operations
46.91%
Total Assets
80.88%
Profit or Loss
127.73%
Net Worth
18.18%
EBITDA
95.44%

What is the Ownership and Shareholding Structure of Excelsource International?

In 2023, Excelsource International had a promoter holding of 92.45% and a public holding of 7.54%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹261.59 Cr

Satisfied Charges

₹120.57 Cr

Charges Breakdown by Lending Institutions

  • Others : 210.14 Cr
  • Axis Bank Limited : 51.45 Cr

Latest Charge Details

DateLenderAmountStatus
05 Apr 2023Others₹70.07 CrOpen
30 Dec 2022Others₹70.07 CrOpen
22 Dec 2022Others₹20.00 CrOpen
02 Jul 2022Others₹25.00 CrOpen
22 Jun 2022Others₹25.00 CrOpen

How Many Employees Work at Excelsource International?

Excelsource International has a workforce of 117 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Excelsource 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 Excelsource 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 Excelsource International

Recent activity within the organization

  • Charges

    A charge registered on 26 Mar 2021 via Charge ID 100437775 with Hdfc Bank Limited was fully satisfied on 28 May 2024.

    28 May 2024

  • Charges

    A charge with Others of Rs. 70.07 Cr registered on 05 Apr 2023 with Charge ID 100709591 was modified on 27 Oct 2023.

    27 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 70.07 Cr registered on 30 Dec 2022 with Charge ID 100670435 was modified on 25 Aug 2023.

    25 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 70.07 Cr with Charge ID 100709591 was registered on 05 Apr 2023.

    05 Apr 2023

  • Balance Sheet

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

    31 Mar 2023

Frequently asked questions

  • Excelsource International Private Limited was incorporated on 20 Mar 2003.

  • The authorized share capital of Excelsource International Private Limited is ₹ 12.70 Cr and paid-up capital is ₹ 1.43 Cr.

  • Currently 2 directors are associated with Excelsource International Private Limited.

    • Bhavesh Dhanvantray Buddhdev
    • Bharat Dayabhai Kodinaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Excelsource International Private Limited is 301/302 Sampatti Premises Sardar Baug Lane Behind Bombay Shopping Centre Race Cour Se, India, Vadodara, Gujarat, 390007.

  • The corporate identification number (CIN) of Excelsource International Private Limited is U23209GJ2003PTC042113 and the company number is 042113 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Excelsource International Private Limited is https://www.excelsource.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Excelsource International Private Limited has risen by 47.90%.

  • As Per 2023 financial reports, 117 employees are currently employed by Excelsource International Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Excelsource International Private Limited has experienced an upsurge of 18.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Excelsource International Private Limited amount to ₹ 261.59 Cr.

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

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