Ichalkaranji Garment Cluster Limited

Empowering women and self-help groups in garment industry through value-added products and employment opportunities.

2009 | Kolhapur, Maharashtra (India) | Active
Last Updated: December 06, 2024

Ichalkaranji Garment Cluster Profile

Key Indicators

  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.06 Cr
  • Satisfied Charges ₹ 3.10 Cr
  • Revenue Growth -15.40%
  • Profit Growth 102.86%
  • Ebitda -1.42%
  • Net Worth 3.78%
  • Total Assets 1.98%

About Ichalkaranji Garment Cluster

Ichalkaranji Garment Cluster Limited (IGCL) is a Public Limited Indian Non-Government Company incorporated in India on 24 July 2009 and has a history of 15 years and six months. Its registered office is in Kolhapur, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.00 and a paid-up capital of Rs 0.00.

The company currently has active open charges totaling ₹5.06 Cr. The company has closed loans amounting to ₹3.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sachin Mali, Prachi Patil, and Preeti Magdum serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ichgarmentcluster.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18109PN2009PLC134370

  • Company No.

    134370

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Ichalkaranji Garment Cluster?

Board Members (3)

NameDesignationAppointment DateStatus
Sachin Mali Country flag representing In Director 10-Oct-2012Current
Prachi Patil Country flag representing In Director 06-May-2018Current
Preeti Magdum Country flag representing In Director 30-Jan-2017Current

Financial Performance of Ichalkaranji Garment Cluster.

Ichalkaranji Garment Cluster Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 15.4% decrease. The company also saw a substantial improvement in profitability, with a 102.86% increase in profit. The company's net worth moved up by a moderate rise of 3.78%.

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
-15.40%
Revenue from Operations
-12.71%
Total Assets
1.98%
Profit or Loss
102.86%
Net Worth
3.78%
EBITDA
-1.42%

What is the Ownership and Shareholding Structure of Ichalkaranji Garment Cluster?

Unlock access to Ichalkaranji Garment Cluster's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50,589,000.00

Satisfied Charges

₹31,000,000.00

Charges Breakdown by Lending Institutions

  • Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited : 5.06 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2019Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹2.40 CrOpen
12 May 2017Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹5.50 MOpen
12 May 2017Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹4.00 MOpen
25 Oct 2016Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹1.71 CrOpen
30 Sep 2013Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd₹3.10 CrSatisfied

How Many Employees Work at Ichalkaranji Garment Cluster?

Ichalkaranji Garment Cluster has a workforce of 114 employees as of Apr 01, 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 Ichalkaranji Garment Cluster, 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 Ichalkaranji Garment Cluster'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 Ichalkaranji Garment Cluster

Recent activity within the organization

  • Annual General Meeting

    Ichalkaranji Garment Cluster Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ichalkaranji Garment Cluster Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 30 Sep 2013 via Charge ID 10454522 with Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd was fully satisfied on 18 Mar 2019.

    18 Mar 2019

  • Charges

    A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited amounted to Rs. 24,000,000.00 with Charge ID 100252930 was registered on 28 Jan 2019.

    28 Jan 2019

  • Charges

    A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited of Rs. 5,500,000.00 registered on 12 May 2017 with Charge ID 100108231 was modified on 26 Dec 2018.

    26 Dec 2018

  • Charges

    A charge with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited of Rs. 4,000,000.00 registered on 12 May 2017 with Charge ID 100108233 was modified on 26 Dec 2018.

    26 Dec 2018

Frequently asked questions

  • Ichalkaranji Garment Cluster Limited was incorporated on 24 Jul 2009.

  • The authorized share capital of Ichalkaranji Garment Cluster Limited is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 3 directors are associated with Ichalkaranji Garment Cluster Limited.

    • Sachin Dadaso Mali
    • Prachi Abhay Patil
    • Preeti Shrenik Magdum
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ichalkaranji Garment Cluster Limited is The Yashwant Co-Operative Processors Ltd. Industrial Estate India, Ichalkaranji, Maharashtra, 416115.

  • The corporate identification number (CIN) of Ichalkaranji Garment Cluster Limited is U18109PN2009PLC134370 and the company number is 134370 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ichalkaranji Garment Cluster Limited is https://www.ichgarmentcluster.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ichalkaranji Garment Cluster Limited has fallen by -15.40%.

  • As Per 2022 financial reports, 114 employees are currently employed by Ichalkaranji Garment Cluster Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ichalkaranji Garment Cluster Limited has experienced an upsurge of 3.78%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ichalkaranji Garment Cluster Limited amount to ₹ 5.06 Cr.

  • The most recent Balance Sheet for Ichalkaranji Garment Cluster Limited was filed with the ROC on 31 Mar 2024.

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