Iac Electricals Pvt Ltd

Manufacturer of EHV overhead transmission line hardware and accessories for domestic and international clients.

1987 | Kolkata, West Bengal (India) | Active
Last Updated: July 11, 2024

Iac Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.17 Cr
  • Paid Up Capital ₹ 9.03 M
  • Company Age 38 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 74.25 Cr
  • Satisfied Charges ₹ 81.76 Cr
  • Revenue Growth 42.66%
  • Profit Growth 34.37%
  • Ebitda 40.89%
  • Net Worth 9.18%
  • Total Assets 6.60%

About Iac Electricals

Iac Electricals Pvt Ltd (IEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 1987 and has a history of 38 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Manufacturing 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 5.17 Cr and a paid-up capital of Rs 9.03 M.

The company currently has active open charges totaling ₹74.25 Cr. The company has closed loans amounting to ₹81.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Man Garodia, Adarsh Garodia, Brij Garodia, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31102WB1987PTC041799

  • Company No.

    041799

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Iac Electricals Pvt Ltd offer?

Iac Electricals Pvt Ltd offers a wide range of products and services, including Industrial Air Conditioner & Devices, Air Damper, Electric Fittings & Components, Pole Line Hardware.

Who are the key members and board of directors at Iac Electricals?

Board Members (4)

Name Designation Appointment Date Status
Man Garodia Country flag representing In Director 27-Jan-1987 Current
Adarsh Garodia Country flag representing In Director 31-Mar-2010 Current
Brij Garodia Country flag representing In Director 31-Mar-2010 Current
Nishant Garodia Country flag representing In Director 30-Jun-2007 Current

Financial Performance of Iac Electricals.

Iac Electricals Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 42.66% increase. The company also saw a substantial improvement in profitability, with a 34.37% increase in profit. The company's net worth moved up by a moderate rise of 9.18%.

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
42.66%
Revenue from Operations
43.09%
Total Assets
6.60%
Profit or Loss
34.37%
Net Worth
9.18%
EBITDA
40.89%

What is the Ownership and Shareholding Structure of Iac Electricals?

In 2023, Iac Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.25 Cr

Satisfied Charges

₹81.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.53 Cr
  • Yes Bank Limited : 23.00 Cr
  • Axis Bank Limited : 18.00 Cr
  • Sidbi : 2.72 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2023 Sidbi ₹2.72 Cr Open
23 Feb 2022 Yes Bank Limited ₹23.00 Cr Open
25 Feb 2019 Others ₹19.88 Cr Open
07 Nov 2015 Others ₹10.65 Cr Open
27 Mar 2015 Axis Bank Limited ₹18.00 Cr Open

How Many Employees Work at Iac Electricals?

Iac Electricals has a workforce of 95 employees as of Mar 29, 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 Iac Electricals, 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 Iac Electricals'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 Iac Electricals

Recent activity within the organization

  • Charges

    A charge with Sidbi of Rs. 2.72 Cr registered on 27 Jul 2023 with Charge ID 100759188 was modified on 09 Nov 2023.

    09 Nov 2023

  • Annual General Meeting

    Iac Electricals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 2.72 Cr with Charge ID 100759188 was registered on 27 Jul 2023.

    27 Jul 2023

  • Balance Sheet

    Iac Electricals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 23 Feb 2022 via Charge ID 100548378 with Yes Bank Limited was fully satisfied on 13 Mar 2023.

    13 Mar 2023

  • Charges

    A charge with Others of Rs. 10.65 Cr registered on 07 Nov 2015 with Charge ID 10614029 was modified on 28 Nov 2022.

    28 Nov 2022

Frequently asked questions

  • Iac Electricals Pvt Ltd was incorporated on 27 Jan 1987.

  • The authorized share capital of Iac Electricals Pvt Ltd is ₹ 5.17 Cr and paid-up capital is ₹ 9.03 M.

  • Currently 4 directors are associated with Iac Electricals Pvt Ltd.

    • Man Mohan Garodia
    • Adarsh Garodia
    • Brij Mohan Garodia
    • Nishant Garodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iac Electricals Pvt Ltd is 701 Central Plaza2/6 Sarat Bose Rd, Kolkata, West Bengal, India, 700020.

  • The corporate identification number (CIN) of Iac Electricals Pvt Ltd is U31102WB1987PTC041799 and the company number is 041799 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Iac Electricals Pvt Ltd is https://www.iacelectricals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Iac Electricals Pvt Ltd has risen by 42.66%.

  • As Per 2023 financial reports, 95 employees are currently employed by Iac Electricals Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Iac Electricals Pvt Ltd has experienced an upsurge of 9.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Iac Electricals Pvt Ltd amount to ₹ 74.25 Cr.

  • The most recent Balance Sheet for Iac Electricals Pvt Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Power Cables