Igarashi Motors India Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 31.48 Cr
- Company Age 33 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 258.00 Cr
- Satisfied Charges ₹ 432.56 Cr
- Revenue Growth 17.92%
- Profit Growth 340.14%
- Ebitda 30.12%
- Net Worth 0.29%
- Total Assets 7.33%
About Igarashi Motors India
Igarashi Motors India Limited (IMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1992 and has a history of 33 years and one month. Its registered office is in Kanchipuram, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517380 and on the National Stock Exchange(NSE) under IGARASHI.
The Corporate was formerly known as Cg Igarashi Motors India Limited. The Company is engaged in the Automotive 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 35.00 Cr and a paid-up capital of Rs 31.48 Cr.
The company currently has active open charges totaling ₹258.00 Cr. The company has closed loans amounting to ₹432.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Igarashi Motors India Limited India are Somanathan Chandranath as CFO and Dinakara Paruchuri as Company Secretary. Rajagopalan Chandrasekaran, Ramkumar Lakshminarayanan, Hemant Madhusudan, and Three other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
Industry
Automotive
Who are the key members and board of directors at Igarashi Motors India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajagopalan Chandrasekaran  | Managing Director | 01-Oct-2019 | Current |
| Somanathan Chandranath | CFO | 01-Oct-2019 | Current |
| Dinakara Paruchuri | Company Secretary | 26-Jul-2012 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramkumar Lakshminarayanan | Director | 30-Jul-2020 | Current |
| Hemant Madhusudan | Director | 23-Jun-2014 | Current |
Haruo Igarashi  | Director | 24-May-2022 | Current |
| Sendhil Vinodhini | Director | 01-Apr-2020 | Current |
Thomas Mckeough  | Director | 24-May-2022 | Current |
Financial Performance of Igarashi Motors India.
Igarashi Motors India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.92% increase. The company also saw a substantial improvement in profitability, with a 340.14% increase in profit. The company's net worth moved up by a moderate rise of 0.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Igarashi Motors India?
In 2023, Igarashi Motors India had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹258.00 Cr
Satisfied Charges
₹432.56 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 173.00 Cr
- Others : 85.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2023 | Axis Bank Limited | ₹20.00 Cr | Open |
| 09 Nov 2021 | Axis Bank Limited | ₹15.00 Cr | Open |
| 25 Nov 2019 | Axis Bank Limited | ₹20.00 Cr | Open |
| 05 Feb 2019 | Others | ₹85.00 Cr | Open |
| 09 Jan 2014 | Axis Bank Limited | ₹118.00 Cr | Open |
How Many Employees Work at Igarashi Motors India?
Igarashi Motors India has a workforce of 671 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Igarashi Motors India, 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 Igarashi Motors India'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 Igarashi Motors India
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100803264 was registered on 16 Oct 2023.
- Charges
A charge registered on 24 Aug 2020 via Charge ID 100361655 with Others was fully satisfied on 01 Sep 2023.
- Annual General Meeting
Igarashi Motors India Limited last Annual general meeting of members was held on 09 Aug 2023 as per latest MCA records.
- Balance Sheet
Igarashi Motors India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Axis Bank Limited of Rs. 118.00 Cr registered on 09 Jan 2014 with Charge ID 10475858 was modified on 21 Sep 2022.
- Charges
A charge with Others of Rs. 85.00 Cr registered on 05 Feb 2019 with Charge ID 100237543 was modified on 11 Aug 2022.
Recent News, Updates & Announcement
- Japan’s Igarashi to buy out partner in India unit.
The transaction will involve acquisition of close to 22% stake of CEO Mukund and others..
- Igarashi Motors' director Akhil Awasthi resigns.
We would like to inform that, today we have received a resignation letter from Mr. Akhil Awasthi (DIN: 00148350) from the directorship of the Company with effect from 30th August 2017..
Frequently asked questions
What is the Incorporation or founding date of Igarashi Motors India Limited?
Igarashi Motors India Limited was incorporated on 10 Jan 1992.
What is authorized share capital and paid-up capital of Igarashi Motors India Limited?
The authorized share capital of Igarashi Motors India Limited is ₹ 35.00 Cr and paid-up capital is ₹ 31.48 Cr.
Who are the current board members & directors of Igarashi Motors India Limited?
Currently 8 directors are associated with Igarashi Motors India Limited.
- Rajagopalan Chandrasekaran
- Ramkumar Lakshminarayanan
- Hemant Nerurkar Madhusudan
- Haruo Igarashi
- Sendhil Manian Vinodhini
- Thomas Francis Mckeough
- Somanathan Vivek Chandranath
- Dinakara Babu Paruchuri
What is the registered address of Igarashi Motors India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Igarashi Motors India Limited is Plot No.B-12 B-15 Phase-Ii Mepz Tambaram Madras-45, MepzTambaramMadras-45, Tamil Nadu, India, 600045.
What is the corporate identification number (CIN) and company number of Igarashi Motors India Limited?
The corporate identification number (CIN) of Igarashi Motors India Limited is L29142TN1992PLC021997 and the company number is 021997 as per Ministry of Corporate Affairs (MCA).
Is Igarashi Motors India Limited registered with any stock exchange in India?
Yes, Igarashi Motors India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IGARASHI.
What is the official website of Igarashi Motors India Limited?
The Official website of Igarashi Motors India Limited is https://www.igarashimotors.com
What has been the recent revenue trend for Igarashi Motors India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Igarashi Motors India Limited has risen by 17.92%.
How many employees does Igarashi Motors India Limited currently have?
As Per 2023 financial reports, 671 employees are currently employed by Igarashi Motors India Limited.
What change has been observed in the net worth of Igarashi Motors India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Igarashi Motors India Limited has experienced an upsurge of 0.29%.
What are the total open charges for Igarashi Motors India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Igarashi Motors India Limited amount to ₹ 258.00 Cr.
When was the last Balance Sheet of Igarashi Motors India Limited filed with the ROC?
The most recent Balance Sheet for Igarashi Motors India Limited was filed with the ROC on 31 Mar 2023.
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