I E C Air Tools Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.18 M
- Company Age 52 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.56 Cr
- Satisfied Charges ₹ 4.30 Cr
- Revenue Growth 25.17%
- Profit Growth 60.37%
- Ebitda 16.02%
- Net Worth 790.69%
- Total Assets -0.54%
About I E C Air Tools
I E C Air Tools Private Limited. (IECATPL) was founded in India on 12 May 1972 and has a glorious history of 52 years and nine months. Its registered office is in Pune, Maharashtra, India.
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 5.00 M and a paid-up capital of Rs 4.18 M.
The company currently has active open charges totaling ₹2.56 Cr. The company has closed loans amounting to ₹4.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amarnath Mahashabde and Vijay Joglekar serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28939MH1972PTC015797
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Company No.
015797
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 May 1972
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
What products or services does I E C Air Tools Private Limited. offer?
I E C Air Tools Private Limited. offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Screwdriver & Screwdriver Set, Wrenches & Sockets, Hydraulic & Pneumatic Tools, Air Impact Wrench, Pneumatic Tools, Impact Wrench, Reversible Screwdriver, Impact Screwdriver.
Who are the key members and board of directors at I E C Air Tools?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amarnath Mahashabde
|
Managing Director | 01-Dec-1995 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vijay Joglekar
|
Director | 25-Dec-2006 | Current |
Financial Performance of I E C Air Tools.
I E C Air Tools Private Limited., for the financial year ended 2022, experienced significant growth in revenue, with a 25.17% increase. The company also saw a substantial improvement in profitability, with a 60.37% increase in profit. The company's net worth Soared by an impressive increase of 790.69%.
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What is the Ownership and Shareholding Structure of I E C Air Tools?
In 2022, I E C Air Tools had a public holding of 0.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Iec Dusterloh Pvt LtdAmarnath Mahashabde is a mutual person
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Pmc Vega LlpVijay Joglekar is a mutual person
Charges (Loans)
₹25.60 M
₹42.99 M
Charges Breakdown by Lending Institutions
- Others : 2.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2008 | Others | ₹2.56 Cr | Open |
| 02 Mar 2012 | Bank Of Maharashtra | ₹1.20 M | Satisfied |
| 22 Sep 2011 | Bank Of Maharashtra | ₹2.20 M | Satisfied |
| 20 Jan 2011 | Bank Of Maharashtra | ₹4.50 M | Satisfied |
| 11 Aug 2006 | Bank Of Maharashtra | ₹0.30 M | Satisfied |
How Many Employees Work at I E C Air Tools?
I E C Air Tools has a workforce of 56 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of I E C Air Tools, 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 I E C Air Tools'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.