Ideal Conveyors Private Limited

Manufactures and trades various types of rubber conveyor belts since 1969.

1969 | Baroda, Gujarat (India) | Active
Last Updated: January 04, 2025

Ideal Conveyors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 55 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Revenue Growth 25.96%
  • Profit Growth -5.69%
  • Ebitda 132.34%
  • Net Worth 9.54%
  • Total Assets -2.89%

About Ideal Conveyors

Ideal Conveyors Private Limited (ICPL) was founded in India on 12 December 1969 and has a glorious history of 55 years and two months.Its registered office is in Baroda, Gujarat.

The Corporate was formerly known as Ideal Foams Pvt Ltd. 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.00 M.

Narendra Sanghvi, Timir Sanghvi, and Kruti Sanghvi serve as directors at the Company.

Company Details

  • Location Baroda, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    idealconveyors.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24299GJ1969PTC001664

  • Company No.

    001664

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 1969

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Ideal Conveyors Private Limited offer?

Ideal Conveyors Private Limited offers a wide range of products and services, including Conveyor Systems & Components, Conveyor Belt, Modular Conveyor Belt, Steel Cord Conveyor Belt, PVC Conveyor Belts, Conveyor Components.

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

Board Members (3)

NameDesignationAppointment DateStatus
Narendra Sanghvi Country flag representing In Director 10-Dec-1978Current
Timir Sanghvi Country flag representing In Director 01-Feb-2013Current
Kruti Sanghvi Country flag representing In Director 26-May-2023Current

Financial Performance of Ideal Conveyors.

Ideal Conveyors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.96% increase. The company also saw a slight decrease in profitability, with a 5.69% decrease in profit. The company's net worth moved up by a moderate rise of 9.54%.

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
25.96%
Revenue from Operations
31.12%
Total Assets
-2.89%
Profit or Loss
-5.69%
Net Worth
9.54%
EBITDA
132.34%

What is the Ownership and Shareholding Structure of Ideal Conveyors?

In 2022, Ideal Conveyors 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

₹3.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Pragati Sahakari Bank Ltd : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2016Pragati Sahakari Bank Ltd₹3.00 MOpen

How Many Employees Work at Ideal Conveyors?

Ideal Conveyors has a workforce of 5 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 Ideal Conveyors, 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 Conveyors'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 Conveyors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ideal Conveyors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Kruti Timir Sanghvi was appointed as a Director was appointed as a Director on 26 May 2023 & has been associated with this company since 1 year 9 months .

    26 May 2023

  • Charges

    A charge with Pragati Sahakari Bank Ltd amounted to Rs. 3.00 M with Charge ID 10622743 was registered on 04 Jan 2016.

    04 Jan 2016

  • Director Appointment

    Timir Narendra Sanghvi was appointed as a Director was appointed as a Director on 01 Feb 2013 & has been associated with this company since 12 years 21 days .

    01 Feb 2013

  • Director Appointment

    Narendra Manilal Sanghvi was appointed as a Director was appointed as a Director on 10 Dec 1978 & has been associated with this company since 46 years 2 months .

    10 Dec 1978

Frequently asked questions

  • Ideal Conveyors Private Limited was incorporated on 12 Dec 1969.

  • The authorized share capital of Ideal Conveyors Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Ideal Conveyors Private Limited.

    • Narendra Manilal Sanghvi
    • Timir Narendra Sanghvi
    • Kruti Timir Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ideal Conveyors Private Limited is Bil Rd Near Bhaili Stationpodra Road India, Baroda, Gujarat.

  • The corporate identification number (CIN) of Ideal Conveyors Private Limited is U24299GJ1969PTC001664 and the company number is 001664 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ideal Conveyors Private Limited is https://www.idealconveyors.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ideal Conveyors Private Limited has risen by 25.96%.

  • As Per 2022 financial reports, 5 employees are currently employed by Ideal Conveyors Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ideal Conveyors Private Limited has experienced an upsurge of 9.54%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Ideal Conveyors Private Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Ideal Conveyors Private Limited was filed with the ROC on 31 Mar 2024.

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