Iel Profile
Key Indicators
- Authorised Capital ₹ 20.90 Cr
- Paid Up Capital ₹ 4.24 Cr
- Company Age 69 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 69.00 Cr
- Revenue Growth 801.84%
- Profit Growth 639.74%
- Ebitda 968.84%
- Net Worth -53.41%
- Total Assets -23.87%
About Iel
Iel Limited (IL) was founded in India on 06 February 1956 and has a glorious history of 69 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524614.
The Corporate was formerly known as Indian Enterprises Limited. The Company is engaged in the Business 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 20.90 Cr and a paid-up capital of Rs 4.24 Cr.
The company has closed loans amounting to ₹69.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Iel Limited India are Arpit Singh as CFO and Kunal Jain as Company Secretary. Ronit Shah, Ajaykumar Gupta, Avani Shah, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L15140GJ1956PLC124644
- Company No.
009720
- Stock Symbol
BSE : 524614
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Feb 1956
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Business Services
Chemicals and Materials
Who are the key members and board of directors at Iel?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajaykumar Gupta  | Managing Director | 05-Jun-2024 | Current |
| Arpit Singh | CFO | 06-Aug-2024 | Current |
| Kunal Jain | Company Secretary | 05-Sep-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ronit Shah | Director | 26-Aug-2020 | Current |
| Avani Shah | Director | 08-Jul-2024 | Current |
| Arpit Singh | Director | 05-Jun-2024 | Current |
| Juhi Sawajani | Director | 05-Jun-2024 | Current |
Financial Performance of Iel.
Iel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 801.84% increase. The company also saw a substantial improvement in profitability, with a 639.74% increase in profit. The company's net worth observed a substantial decline by a decrease of 53.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Iel?
In 2023, Iel had a promoter holding of 44.97% and a public holding of 55.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nuutjob LimitedAvani Shah and Juhi Sawajani are mutual person
Machint Solutions LimitedJuhi Sawajani is a mutual person
Sunrest Lifescience LimitedAvani Shah and Juhi Sawajani are mutual person
Bizotic Commercial LimitedAvani Shah and Juhi Sawajani are mutual person
- Champak Chemicals Pvt Ltd
Ronit Shah is a mutual person
- Bholanath Automotive Llp
Ajaykumar Gupta is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹69.00 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 69.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2011 | Union Bank Of India | ₹2.00 Cr | Satisfied |
| 10 Mar 2010 | Union Bank Of India | ₹3.00 Cr | Satisfied |
| 01 May 2009 | Union Bank Of India | ₹29.49 Cr | Satisfied |
| 24 Dec 2007 | Union Bank Of India | ₹2.00 Cr | Satisfied |
| 25 Oct 2006 | Union Bank Of India | ₹7.50 M | Satisfied |
How Many Employees Work at Iel?
Unlock and access historical data on people associated with Iel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Iel, 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 Iel's trajectory.
Rating
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
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 Iel
Recent activity within the organization
- Annual General Meeting
Iel Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Arpit Singh was appointed as a Cfo was appointed as a Cfo on 06 Aug 2024 & has been associated with this company since 7 months 2 days .
- Director Appointment
Avani Ashwinkumar Shah was appointed as a Director was appointed as a Director on 08 Jul 2024 & has been associated with this company since 8 months .
- Director Appointment
Ajaykumar Bholanath Gupta was appointed as a Managing Director was appointed as a Managing Director on 05 Jun 2024 & has been associated with this company since 9 months 3 days .
- Director Appointment
Arpit Singh was appointed as a Director was appointed as a Director on 05 Jun 2024 & has been associated with this company since 9 months 3 days .
- Director Appointment
Juhi Sawajani was appointed as a Director was appointed as a Director on 05 Jun 2024 & has been associated with this company since 9 months 3 days .
Frequently asked questions
What is the Incorporation or founding date of Iel Limited?
Iel Limited was incorporated on 06 Feb 1956.
What is authorized share capital and paid-up capital of Iel Limited?
The authorized share capital of Iel Limited is ₹ 20.90 Cr and paid-up capital is ₹ 4.24 Cr.
Who are the current board members & directors of Iel Limited?
Currently 7 directors are associated with Iel Limited.
- Ronit Champaklal Shah
- Ajaykumar Bholanath Gupta
- Avani Ashwinkumar Shah
- Arpit Singh
- Arpit Singh
- Kunal Jain
- Juhi Sawajani
What is the registered address of Iel Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Iel Limited is Office No 53 6Th Floor Sanidhya Complex Near Devnandan Mall Opp. Sanyas Ashram Nehru Bridge, Ashram Road India, Ahmadabad City, Gujarat, 380006.
What is the corporate identification number (CIN) and company number of Iel Limited?
The corporate identification number (CIN) of Iel Limited is L15140GJ1956PLC124644 and the company number is 009720 as per Ministry of Corporate Affairs (MCA).
Is Iel Limited registered with any stock exchange in India?
Yes, Iel Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Iel Limited?
The Official website of Iel Limited is https://www.kddave.com
What has been the recent revenue trend for Iel Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Iel Limited has risen by 801.84%.
What change has been observed in the net worth of Iel Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Iel Limited has experienced an downturn of -53.41%.
When was the last Balance Sheet of Iel Limited filed with the ROC?
The most recent Balance Sheet for Iel Limited was filed with the ROC on 31 Mar 2024.
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