Igloo Dairy Services Private Limited

Dairy services company providing processing and packaging for milk and fermented milk products.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated:

Igloo Dairy Services Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.62 Cr
  • Company Age 52 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 142.24 Cr
  • Revenue Growth -22.19%
  • Profit Growth 306.47%
  • Ebitda 91.61%
  • Net Worth 5.16%
  • Total Assets 3.41%

About Igloo Dairy Services

Igloo Dairy Services Private Limited (IDSPL) was founded in India on 01 February 1973 and has a glorious history of 52 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as R B Chemical & Agro Industries Private Limited. The Company is engaged in the Food And Beverages 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 10.00 Cr and a paid-up capital of Rs 4.62 Cr.

The company has closed loans amounting to ₹142.24 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ranjit Bhavnani, Mala Bhavnani, Trivik Bhavnani, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    igloodairy.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U46309MH1973PTC016286

  • Company No.

    016286

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Feb 1973

  • Date of AGM

    06 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

Who are the key members and board of directors at Igloo Dairy Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Ranjit Bhavnani Country flag representing In Managing Director01-Feb-1973Current

Board Members (3)

NameDesignationAppointment DateStatus
Mala Bhavnani Country flag representing In Director 27-Sep-1984Current
Trivik Bhavnani Country flag representing In Director 23-Feb-2021Current
Parvez Dubash Country flag representing In Director 30-Nov-2018Current

Financial Performance of Igloo Dairy Services.

Igloo Dairy Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.19% decrease. The company also saw a substantial improvement in profitability, with a 306.47% increase in profit. The company's net worth moved up by a moderate rise of 5.16%.

Igloo Dairy Services revenue growth over time
Igloo Dairy Services 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
-22.19%
Revenue from Operations
-26.04%
Total Assets
3.41%
Profit or Loss
306.47%
Net Worth
5.16%
EBITDA
91.61%

What is the Ownership and Shareholding Structure of Igloo Dairy Services?

In 2023, Igloo Dairy Services had a promoter holding of 71.63% and a public holding of 28.36%. 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

₹142.24 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 51.20 Cr
  • Citibank N. A. : 43.70 Cr
  • Citi Bank N.A. : 20.00 Cr
  • Axis Bank Limited : 11.17 Cr
  • S.B.I. And International Bank Ltd. : 7.25 Cr
  • Others : 8.92 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2020Axis Bank Limited₹1.70 MSatisfied
19 Oct 2016Citi Bank N.A.₹20.00 CrSatisfied
28 Jul 2015Axis Bank Limited₹5.50 CrSatisfied
27 Jun 2013Axis Bank Limited₹5.50 CrSatisfied
27 Sep 2008State Bank Of India₹11.95 CrSatisfied

How Many Employees Work at Igloo Dairy Services?

Igloo Dairy Services has a workforce of 16 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.

Employee growth trends for Igloo Dairy Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Igloo Dairy Services, 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 Igloo Dairy Services'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 Igloo Dairy Services

Recent activity within the organization

  • Annual General Meeting

    Igloo Dairy Services Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Igloo Dairy Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 31 Dec 2020 via Charge ID 100406492 with Axis Bank Limited was fully satisfied on 21 Mar 2024.

  • Charges

    A charge registered on 28 Jul 2015 via Charge ID 10584545 with Axis Bank Limited was fully satisfied on 21 Jun 2022.

  • Charges

    A charge registered on 27 Jun 2013 via Charge ID 10438352 with Axis Bank Limited was fully satisfied on 21 Jun 2022.

  • Charges

    A charge registered on 19 Oct 2016 via Charge ID 100065240 with Citi Bank N.A. was fully satisfied on 13 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Igloo Dairy Services Private Limited?

    Igloo Dairy Services Private Limited was incorporated on 01 Feb 1973.

  • What is authorized share capital and paid-up capital of Igloo Dairy Services Private Limited?

    The authorized share capital of Igloo Dairy Services Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.62 Cr.

  • Who are the current board members & directors of Igloo Dairy Services Private Limited?

    Currently 4 directors are associated with Igloo Dairy Services Private Limited.

    • Ranjit Hiranand Bhavnani
    • Mala Ranjit Bhavnani
    • Trivik Ranjit Bhavnani
    • Parvez Keki Dubash

  • What is the registered address of Igloo Dairy Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Igloo Dairy Services Private Limited is 703 Dalamal House, 206 Nariman Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Igloo Dairy Services Private Limited?

    The corporate identification number (CIN) of Igloo Dairy Services Private Limited is U46309MH1973PTC016286 and the company number is 016286 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Igloo Dairy Services Private Limited?

    The Official website of Igloo Dairy Services Private Limited is https://www.igloodairy.com

  • What has been the recent revenue trend for Igloo Dairy Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Igloo Dairy Services Private Limited has fallen by -22.19%.

  • How many employees does Igloo Dairy Services Private Limited currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Igloo Dairy Services Private Limited.

  • What change has been observed in the net worth of Igloo Dairy Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Igloo Dairy Services Private Limited has experienced an upsurge of 5.16%.

  • When was the last Balance Sheet of Igloo Dairy Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Igloo Dairy Services Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Dairy Products & Milk Processing