Ferrotherm Induction Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 29-07-2024
- Paid Up Capital ₹ 5.00 M
as on 29-07-2024
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.91 Cr
as on 29-07-2024
- Satisfied Charges ₹ 2.61 Cr
as on 29-07-2024
- Revenue 22.50%
(FY 2023)
- Profit 9.83%
(FY 2023)
- Ebitda 91.31%
(FY 2023)
- Net Worth 3.15%
(FY 2023)
- Total Assets 44.08%
(FY 2023)
About Ferrotherm Induction
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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹3.91 Cr. The company has closed loans amounting to ₹2.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vipin Rishi and Vanita Rishi serve as directors at the Company.
- CIN/LLPIN
U29299PN2004PTC019149
- Company No.
019149
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Apr 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ferrotherm Induction?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipin Rishi  | Managing Director | 01-Apr-2006 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vanita Rishi | Director | 22-Feb-2008 | Current |
Financial Performance of Ferrotherm Induction.
Ferrotherm Induction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.5% increase. The company also saw a slight improvement in profitability, with a 9.83% increase in profit. The company's net worth moved up by a moderate rise of 3.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ferrotherm Induction?
In 2023, Ferrotherm Induction had a promoter holding of 90.00% and a public holding of 10.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Otif Components Private LimitedActive 6 years 2 monthsVipin Rishi and Vanita Rishi are mutual person
- Vinca Salon & Spa Private LimitedActive 12 years 5 months
Vipin Rishi and Vanita Rishi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Mar 2023 | ₹3.81 Cr | Open |
Axis Bank Limited Creation Date: 16 Apr 2019 | ₹0.99 M | Open |
Others Creation Date: 12 Oct 2020 | ₹1.04 M | Satisfied |
How Many Employees Work at Ferrotherm Induction?
Ferrotherm Induction has a workforce of 20 employees as of Apr 07, 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 Ferrotherm Induction, 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 Ferrotherm Induction'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.
