I M Gears Private Limited

Manufactures and supplies auto components for two and four wheeler manufacturers, also exports aerospace and engineering components.

1995 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

I M Gears Profile

Key Indicators

  • Authorised Capital ₹ 4.80 Cr
  • Paid Up Capital ₹ 4.07 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 460.08 Cr
  • Satisfied Charges ₹ 60.07 Cr
  • Revenue Growth 8.08%
  • Profit Growth 78.77%
  • Ebitda -16.58%
  • Net Worth 13.44%
  • Total Assets 7.61%

About I M Gears

I M Gears Private Limited (IMGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 1995 and has a history of 29 years and ten months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as I. M. Gears Private Limited. The Company is engaged in the Automotive 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 4.80 Cr and a paid-up capital of Rs 4.07 Cr.

The company currently has active open charges totaling ₹460.08 Cr. The company has closed loans amounting to ₹60.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at I M Gears Private Limited India is Raman Desikan as CFO. Vankipuram Srinivasan, Vankipuram Vijayaraghavan, Athulan Vijayaraghavan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35999TN1995PTC030820

  • Company No.

    030820

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does I M Gears Private Limited offer?

I M Gears Private Limited offers a wide range of products and services, including Laser Marking Machine, Laser Marking System, Automotive Spare Parts, Hyundai Automotive Spare Parts.

Who are the key members and board of directors at I M Gears?

Executive Team (3)

Name Designation Appointment Date Status
Vankipuram Srinivasan Country flag representing In Managing Director 05-Apr-1995 Current
Vankipuram Vijayaraghavan Country flag representing In Managing Director 05-Apr-1995 Current
Raman Desikan Country flag representing In CFO 01-Apr-2019 Current

Board Members (3)

Name Designation Appointment Date Status
Prasanth Parthasarathy Country flag representing In Director 28-Feb-2021 Current
Athulan Vijayaraghavan Country flag representing In Whole-Time Director 18-Jul-2012 Current
Vaishnavi Srinivasan Country flag representing In Director 03-Nov-2021 Current

Financial Performance of I M Gears.

I M Gears Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.08% increase. The company also saw a substantial improvement in profitability, with a 78.77% increase in profit. The company's net worth Soared by an impressive increase of 13.44%.

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
8.08%
Revenue from Operations
1.25%
Total Assets
7.61%
Profit or Loss
78.77%
Net Worth
13.44%
EBITDA
-16.58%

What is the Ownership and Shareholding Structure of I M Gears?

In 2023, I M Gears had a promoter holding of 71.25% and a public holding of 28.75%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹460.08 Cr

Satisfied Charges

₹60.07 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 324.53 Cr
  • Others : 125.65 Cr
  • City Union Bank Limited : 9.90 Cr

Latest Charge Details

Date Lender Amount Status
29 Feb 2024 Others ₹77.00 Cr Open
19 Feb 2024 Hdfc Bank Limited ₹100.00 Cr Open
26 Sep 2023 Hdfc Bank Limited ₹18.73 Cr Open
08 Dec 2021 Hdfc Bank Limited ₹38.00 Cr Open
23 Mar 2021 Hdfc Bank Limited ₹13.80 Cr Open

How Many Employees Work at I M Gears?

I M Gears has a workforce of 1414 employees as of Apr 09, 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 I M Gears, 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 M Gears'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 I M Gears

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 77.00 Cr registered on 29 Feb 2024 with Charge ID 100884059 was modified on 28 May 2024.

    28 May 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 19 Feb 2024 with Charge ID 100875822 was modified on 23 May 2024.

    23 May 2024

  • Charges

    A charge with Others amounted to Rs. 77.00 Cr with Charge ID 100884059 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100875822 was registered on 19 Feb 2024.

    19 Feb 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 9.90 Cr registered on 05 Jun 2020 with Charge ID 100340486 was modified on 03 Feb 2024.

    03 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

Frequently asked questions

  • I M Gears Private Limited was incorporated on 05 Apr 1995.

  • The authorized share capital of I M Gears Private Limited is ₹ 4.80 Cr and paid-up capital is ₹ 4.07 Cr.

  • Currently 6 directors are associated with I M Gears Private Limited.

    • Vankipuram Narasimhan Srinivasan
    • Vankipuram Narasimhan Vijayaraghavan
    • Athulan Vijayaraghavan
    • Prasanth Parthasarathy
    • Vaishnavi Srinivasan
    • Raman Desikan
  • As per Ministry of Corporate Affairs (Mca), the registered address of I M Gears Private Limited is 235/1A 2C Vengaivasal Main Road Madambakkam Post, Selaiyur India, Chennai, Tamil Nadu, 600073.

  • The corporate identification number (CIN) of I M Gears Private Limited is U35999TN1995PTC030820 and the company number is 030820 as per Ministry of Corporate Affairs (MCA).

  • The Official website of I M Gears Private Limited is https://www.imgearsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for I M Gears Private Limited has risen by 8.08%.

  • As Per 2023 financial reports, 1414 employees are currently employed by I M Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of I M Gears Private Limited has experienced an upsurge of 13.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for I M Gears Private Limited amount to ₹ 460.08 Cr.

  • The most recent Balance Sheet for I M Gears Private Limited was filed with the ROC on 31 Mar 2023.

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