Igarashi Motors India Limited

Manufacturer and supplier of permanent magnet DC motors and components for automotive sector.

1992 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Igarashi Motors India Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 31.48 Cr
  • Company Age 33 Year, 21 Days
  • 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. 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
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L29142TN1992PLC021997

  • Company No.

    021997

  • Stock Symbol

    BSE : 517380 NSE : IGARASHI

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1992

  • Date of AGM

    09 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Igarashi Motors India?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajagopalan Chandrasekaran Country flag representing In Managing Director01-Oct-2019Current
Somanathan Chandranath Country flag representing In CFO01-Oct-2019Current
Dinakara Paruchuri Country flag representing In Company Secretary26-Jul-2012Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramkumar Lakshminarayanan Country flag representing In Director 30-Jul-2020Current
Hemant Madhusudan Country flag representing In Director 23-Jun-2014Current
Haruo Igarashi Country flag representing Jp Director 24-May-2022Current
Sendhil Vinodhini Country flag representing In Director 01-Apr-2020Current
Thomas Mckeough Country flag representing Us Director 24-May-2022Current

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%.

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
17.92%
Revenue from Operations
17.94%
Total Assets
7.33%
Profit or Loss
340.14%
Net Worth
0.29%
EBITDA
30.12%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
16 Oct 2023Axis Bank Limited₹20.00 CrOpen
09 Nov 2021Axis Bank Limited₹15.00 CrOpen
25 Nov 2019Axis Bank Limited₹20.00 CrOpen
05 Feb 2019Others₹85.00 CrOpen
09 Jan 2014Axis Bank Limited₹118.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    16 Oct 2023

  • Charges

    A charge registered on 24 Aug 2020 via Charge ID 100361655 with Others was fully satisfied on 01 Sep 2023.

    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.

    09 Aug 2023

  • Balance Sheet

    Igarashi Motors India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • 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.

    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.

    11 Aug 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Igarashi Motors India Limited was incorporated on 10 Jan 1992.

  • The authorized share capital of Igarashi Motors India Limited is ₹ 35.00 Cr and paid-up capital is ₹ 31.48 Cr.

  • 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
  • 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.

  • 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).

  • Yes, Igarashi Motors India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IGARASHI.

  • The Official website of Igarashi Motors India Limited is https://www.igarashimotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Igarashi Motors India Limited has risen by 17.92%.

  • As Per 2023 financial reports, 671 employees are currently employed by Igarashi Motors India Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Igarashi Motors India Limited amount to ₹ 258.00 Cr.

  • The most recent Balance Sheet for Igarashi Motors India Limited was filed with the ROC on 31 Mar 2023.

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