Icem Engineering Company Private Limited

Manufacturer of industrial goods for various industries, exports globally, ISO certified.

1964 | Thane, Maharashtra (India) | Active
Last Updated: December 10, 2024

Icem Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.41 Cr
  • Company Age 60 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 114.44 Cr
  • Satisfied Charges ₹ 30.25 Cr
  • Revenue Growth 57.93%
  • Profit Growth 327.98%
  • Ebitda -120.50%
  • Net Worth 18.66%
  • Total Assets 28.47%

About Icem Engineering Company

Icem Engineering Company Private Limited (IECPL) was founded in India on 19 August 1964 and has a glorious history of 60 years and five months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Icem Engineering Company Limited. 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 Cr and a paid-up capital of Rs 1.41 Cr.

The company currently has active open charges totaling ₹114.44 Cr. The company has closed loans amounting to ₹30.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Namdeo Pingale, Uma Tibrewala, Yash Tibrewala, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U42909MH1964PTC012994

  • Company No.

    012994

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1964

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Icem Engineering Company Private Limited offer?

Icem Engineering Company Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Ball Valves, Crusher, Shredder & Presses, Power Press, Crane, Electromagnetic Crane, Punches, Die Punches, Roller Support, Roller Shell.

Who are the key members and board of directors at Icem Engineering Company?

Board Members (6)

Name Designation Appointment Date Status
Yash Tibrewala Country flag representing In Director 01-Feb-2022 Current
Namdeo Pingale Country flag representing In Director 13-Oct-2004 Current
Uma Tibrewala Country flag representing In Director 01-Apr-2000 Current
Ashutosh Tibrewala Director 04-Jun-2024 Current
Vinodkumar Tibrewala Country flag representing In Director 17-Jun-1968 Current
Vishal Tibrewala Country flag representing In Director 01-Apr-1995 Current

Financial Performance of Icem Engineering Company.

Icem Engineering Company Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 57.93% increase. The company also saw a substantial improvement in profitability, with a 327.98% increase in profit. The company's net worth Soared by an impressive increase of 18.66%.

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
57.93%
Revenue from Operations
56.64%
Total Assets
28.47%
Profit or Loss
327.98%
Net Worth
18.66%
EBITDA
-120.50%

What is the Ownership and Shareholding Structure of Icem Engineering Company?

In 2022, Icem Engineering Company had a promoter holding of 85.09% and a public holding of 14.91%. 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

₹114.44 Cr

Satisfied Charges

₹30.25 Cr

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 83.23 Cr
  • The Thane Janata Sahakari Bank Limited : 18.36 Cr
  • The Kalyan Janata Sahakari Bank Limited : 6.00 Cr
  • Thane Janata Sahakari Bank Ltd : 5.85 Cr
  • The Thane Janata Sahakari Bank Ltd : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
25 Jan 2024 Tjsb Sahakari Bank Limited ₹4.50 M Open
29 Dec 2022 Tjsb Sahakari Bank Limited ₹2.77 M Open
15 Nov 2022 Tjsb Sahakari Bank Limited ₹7.00 Cr Open
24 Dec 2021 Tjsb Sahakari Bank Limited ₹9.00 Cr Open
22 Oct 2021 Tjsb Sahakari Bank Limited ₹1.60 Cr Open

How Many Employees Work at Icem Engineering Company?

Icem Engineering Company has a workforce of 161 employees as of Apr 05, 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 Icem Engineering Company, 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 Icem Engineering Company'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 Icem Engineering Company

Recent activity within the organization

  • Annual General Meeting

    Icem Engineering Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ashutosh Vishal Tibrewala was appointed as a Director was appointed as a Director on 04 Jun 2024 & has been associated with this company since 7 months 30 days .

    04 Jun 2024

  • Balance Sheet

    Icem Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100865637 was registered on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge registered on 21 Jul 2015 via Charge ID 10581904 with Tjsb Sahakari Bank Limited was fully satisfied on 13 Jun 2023.

    13 Jun 2023

  • Charges

    A charge registered on 21 Jul 2015 via Charge ID 10581915 with Tjsb Sahakari Bank Limited was fully satisfied on 13 Jun 2023.

    13 Jun 2023

Frequently asked questions

  • Icem Engineering Company Private Limited was incorporated on 19 Aug 1964.

  • The authorized share capital of Icem Engineering Company Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.41 Cr.

  • Currently 6 directors are associated with Icem Engineering Company Private Limited.

    • Namdeo Kisan Pingale
    • Uma Vishal Tibrewala
    • Yash Vishal Tibrewala
    • Ashutosh Vishal Tibrewala
    • Vinodkumar Tibrewala
    • Vishal Vinod Tibrewala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Icem Engineering Company Private Limited is 60/3 Mauje Vasuri Khurd Post Khaniwali, Near Blue Star India, Wada Palghar, Maharashtra, 421312.

  • The corporate identification number (CIN) of Icem Engineering Company Private Limited is U42909MH1964PTC012994 and the company number is 012994 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Icem Engineering Company Private Limited is https://www.icemgroup.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Icem Engineering Company Private Limited has risen by 57.93%.

  • As Per 2022 financial reports, 161 employees are currently employed by Icem Engineering Company Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Icem Engineering Company Private Limited has experienced an upsurge of 18.66%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Icem Engineering Company Private Limited amount to ₹ 114.44 Cr.

  • The most recent Balance Sheet for Icem Engineering Company Private Limited was filed with the ROC on 31 Mar 2024.