Ideal Auto Credit Limited

Provides financing for various types of equipment and vehicles through hire purchase and leasing options.

1986 | Kolkata, West Bengal (India) | Active
Last Updated:

Ideal Auto Credit Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 38 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 42.81%
  • Profit Growth 58.43%
  • Ebitda 40.84%
  • Net Worth 5.05%
  • Total Assets 3.29%

About Ideal Auto Credit

Ideal Auto Credit Limited (IACL) is a Public Limited Indian Non-Government Company incorporated in India on 19 August 1986 and has a history of 38 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services 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 1.40 Cr and a paid-up capital of Rs 1.05 Cr.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nakul Himatsingka, Govind Kanoria, and Anuj Tulsyan serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ideal.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921WB1986PLC041135

  • Company No.

    041135

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Ideal Auto Credit?

Board Members (3)

NameDesignationAppointment DateStatus
Nakul Himatsingka Country flag representing In Director 26-Dec-2000Current
Govind Kanoria Country flag representing In Additional Director 02-Nov-2023Current
Anuj Tulsyan Country flag representing In Director 02-Aug-2019Current

Financial Performance of Ideal Auto Credit.

Ideal Auto Credit Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.81% increase. The company also saw a substantial improvement in profitability, with a 58.43% increase in profit. The company's net worth moved up by a moderate rise of 5.05%.

Ideal Auto Credit revenue growth over time
Ideal Auto Credit 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
42.81%
Revenue from Operations
43.34%
Total Assets
3.29%
Profit or Loss
58.43%
Net Worth
5.05%
EBITDA
40.84%

What is the Ownership and Shareholding Structure of Ideal Auto Credit?

In 2022, Ideal Auto Credit 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

₹0

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Indore : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jan 1995State Bank Of Indore₹1.00 CrSatisfied

How Many Employees Work at Ideal Auto Credit?

Ideal Auto Credit has a workforce of 0 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.

Employee growth trends for Ideal Auto Credit Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ideal Auto Credit, 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 Ideal Auto Credit'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 Ideal Auto Credit

Recent activity within the organization

  • Annual General Meeting

    Ideal Auto Credit Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ideal Auto Credit Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Govind Kanoria was appointed as a Additional Director was appointed as a Additional Director on 02 Nov 2023 & has been associated with this company since 1 year 4 months .

  • Director Appointment

    Anuj Tulsyan was appointed as a Director was appointed as a Director on 02 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Charges

    A charge registered on 14 Jan 1995 via Charge ID 80040368 with State Bank Of Indore was fully satisfied on 17 Dec 2007.

  • Director Appointment

    Nakul Himatsingka was appointed as a Director was appointed as a Director on 26 Dec 2000 & has been associated with this company since 24 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ideal Auto Credit Limited?

    Ideal Auto Credit Limited was incorporated on 19 Aug 1986.

  • What is authorized share capital and paid-up capital of Ideal Auto Credit Limited?

    The authorized share capital of Ideal Auto Credit Limited is ₹ 1.40 Cr and paid-up capital is ₹ 1.05 Cr.

  • Who are the current board members & directors of Ideal Auto Credit Limited?

    Currently 3 directors are associated with Ideal Auto Credit Limited.

    • Nakul Himatsingka
    • Govind Kanoria
    • Anuj Tulsyan

  • What is the registered address of Ideal Auto Credit Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ideal Auto Credit Limited is 50 J. L. Nehru Road 11Th Floor, India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Ideal Auto Credit Limited?

    The corporate identification number (CIN) of Ideal Auto Credit Limited is U65921WB1986PLC041135 and the company number is 041135 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ideal Auto Credit Limited?

    The Official website of Ideal Auto Credit Limited is https://www.ideal.in

  • What has been the recent revenue trend for Ideal Auto Credit Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ideal Auto Credit Limited has risen by 42.81%.

  • What change has been observed in the net worth of Ideal Auto Credit Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ideal Auto Credit Limited has experienced an upsurge of 5.05%.

  • When was the last Balance Sheet of Ideal Auto Credit Limited filed with the ROC?

    The most recent Balance Sheet for Ideal Auto Credit Limited was filed with the ROC on 31 Mar 2024.

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