Idea Fasteners Private Limited

Manufacturer and trader of threaded rods and related components/fasteners, based in Ludhiana, Punjab.

2020 | Ludhiana, Punjab (India) | Active
Last Updated: October 27, 2024

Idea Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.09 Cr
  • Satisfied Charges ₹ 7.90 M
  • Revenue Growth 126.32%
  • Profit Growth 205.40%
  • Ebitda 141.36%
  • Net Worth 171.15%
  • Total Assets 32.40%

About Idea Fasteners

Idea Fasteners Private Limited (IFPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 January 2020 (Five years and one month 0 days old ). Its registered office is in Ludhiana, Punjab, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹6.09 Cr. The company has closed loans amounting to ₹7.90 M, as per Ministry of Corporate Affairs (MCA) records.

Neha Jindal, Neha Mittal, and Sanjay Jindal serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ideafasteners.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28990PB2020PTC050625

  • Company No.

    050625

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

Who are the key members and board of directors at Idea Fasteners?

Executive Team (1)

NameDesignationAppointment DateStatus
Neha Jindal Country flag representing In Managing Director20-Jan-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Neha Mittal Country flag representing In Director Current
Sanjay Jindal Country flag representing Au Director 01-Apr-2023Current

Financial Performance of Idea Fasteners.

Idea Fasteners Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 126.32% increase. The company also saw a substantial improvement in profitability, with a 205.4% increase in profit. The company's net worth Soared by an impressive increase of 171.15%.

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
126.32%
Revenue from Operations
122.56%
Total Assets
32.40%
Profit or Loss
205.40%
Net Worth
171.15%
EBITDA
141.36%

What is the Ownership and Shareholding Structure of Idea Fasteners?

In 2023, Idea Fasteners had a promoter holding of 100.00%. 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

₹60.87 M

Satisfied Charges

₹7.90 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.12 Cr
  • Others : 2.56 Cr
  • Hdfc Bank Limited : 0.41 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2023Hdfc Bank Limited₹1.40 MOpen
08 Aug 2023Others₹2.56 CrOpen
13 Sep 2022Axis Bank Limited₹2.21 MOpen
29 Jun 2022Axis Bank Limited₹2.90 CrOpen
21 Jan 2022Hdfc Bank Limited₹1.86 MOpen

How Many Employees Work at Idea Fasteners?

Unlock and access historical data on people associated with Idea Fasteners, 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 Idea Fasteners, 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 Idea Fasteners'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 Idea Fasteners

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.40 M with Charge ID 100794215 was registered on 21 Sep 2023.

    21 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 25.60 M with Charge ID 100764882 was registered on 08 Aug 2023.

    08 Aug 2023

  • Director Appointment

    Sanjay Jindal was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Balance Sheet

    Idea Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 29.00 M registered on 29 Jun 2022 with Charge ID 100595318 was modified on 24 Dec 2022.

    24 Dec 2022

Frequently asked questions

  • Idea Fasteners Private Limited was incorporated on 20 Jan 2020.

  • The authorized share capital of Idea Fasteners Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Idea Fasteners Private Limited.

    • Neha Jindal
    • Neha Mittal
    • Sanjay Jindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Idea Fasteners Private Limited is 86-89 Mc No-B-Xxix-536/12-C/4-A Dandari Kalan Industrial Area C India, Ludhiana, Punjab, 141016.

  • The corporate identification number (CIN) of Idea Fasteners Private Limited is U28990PB2020PTC050625 and the company number is 050625 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Idea Fasteners Private Limited is https://www.ideafasteners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Idea Fasteners Private Limited has risen by 126.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Idea Fasteners Private Limited has experienced an upsurge of 171.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Idea Fasteners Private Limited amount to ₹ 6.09 Cr.

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