Ibc Limited

Produces and sells barite products for oil well drilling companies.

1985 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

Ibc Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.90 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 63.77 Cr
  • Satisfied Charges ₹ 64.58 Cr
  • Revenue Growth -85.98%
  • Profit Growth -7.71%
  • Ebitda -38.67%
  • Net Worth -4919.09%
  • Total Assets -12.00%

About Ibc

Ibc Limited (IL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 March 1985 and has a history of 39 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Ibc P Limited. The Company is engaged in the Metals And Minerals 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 7.00 Cr and a paid-up capital of Rs 6.90 Cr.

The company currently has active open charges totaling ₹63.77 Cr. The company has closed loans amounting to ₹64.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajamohan Kandula, Sanivarapu Reddy, and Kandula Reddy serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24111TN1985PLC011627

  • Company No.

    011627

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals

Who are the key members and board of directors at Ibc?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajamohan Kandula Country flag representing In Managing Director06-Mar-1985Current

Board Members (2)

NameDesignationAppointment DateStatus
Sanivarapu Reddy Country flag representing In Director 06-Nov-1997Current
Kandula Reddy Country flag representing In Whole-Time Director 05-Sep-2011Current

Financial Performance of Ibc.

Ibc Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 85.98% decrease. The company also saw a slight decrease in profitability, with a 7.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 4919.09%.

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
-85.98%
Revenue from Operations
-85.81%
Total Assets
-12.00%
Profit or Loss
-7.71%
Net Worth
-4919.09%
EBITDA
-38.67%

What is the Ownership and Shareholding Structure of Ibc?

In 2022, Ibc had a promoter holding of 90.55% and a public holding of 9.45%. 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

₹63.77 Cr

Satisfied Charges

₹64.58 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 63.77 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jan 1992State Bank Of India₹63.77 CrOpen
15 Mar 2017Others₹1.13 CrSatisfied
01 Feb 2013Srei Equipment Finance Private Limited₹3.07 CrSatisfied
29 Nov 2012Kotak Mahindra Bank Limited₹13.14 CrSatisfied
22 Nov 2012Srei Equipment Finance Private Limited₹5.02 MSatisfied

How Many Employees Work at Ibc?

Unlock and access historical data on people associated with Ibc, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ibc, 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 Ibc'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 Ibc

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ibc Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 15 Mar 2017 via Charge ID 100094178 with Others was fully satisfied on 02 Apr 2019.

    02 Apr 2019

  • Charges

    A charge with Others amounted to Rs. 1.13 Cr with Charge ID 100094178 was registered on 15 Mar 2017.

    15 Mar 2017

  • Charges

    A charge with State Bank Of India of Rs. 63.77 Cr registered on 03 Jan 1992 with Charge ID 90306072 was modified on 09 Jan 2017.

    09 Jan 2017

  • Charges

    A charge registered on 01 Feb 2013 via Charge ID 10402541 with Srei Equipment Finance Private Limited was fully satisfied on 22 Dec 2015.

    22 Dec 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Ibc Limited was incorporated on 06 Mar 1985.

  • The authorized share capital of Ibc Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.90 Cr.

  • Currently 3 directors are associated with Ibc Limited.

    • Rajamohan Reddy Kandula
    • Sanivarapu Venkatasiva Reddy
    • Kandula Murali Mohan Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ibc Limited is 48 Ii Line Beach Vanguard House, 4Th India, House4Th FloorMadras, Tamil Nadu, 600001.

  • The corporate identification number (CIN) of Ibc Limited is U24111TN1985PLC011627 and the company number is 011627 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ibc Limited is https://www.ibclimited.co.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ibc Limited has fallen by -85.98%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ibc Limited has experienced an downturn of -4919.09%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Ibc Limited amount to ₹ 63.77 Cr.

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

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