Igloo Dairy Services Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.09 Cr
- Company Age 51 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- 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 51 years and 11 months. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.09 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29290MH1973PTC016286
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Company No.
016286
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Feb 1973
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Date of AGM
07 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Igloo Dairy Services?
Executive Team (1)
Name | Designation | Appointment Date | Status |
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Ranjit Bhavnani | Managing Director | 01-Feb-1973 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
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Mala Bhavnani | Director | 27-Sep-1984 | Current |
Trivik Bhavnani | Director | 23-Feb-2021 | Current |
Parvez Dubash | Director | 30-Nov-2018 | Current |
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%.
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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.
Charges (Loans)
₹0
₹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
Date | Lender | Amount | Status |
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31 Dec 2020 | Axis Bank Limited | ₹1.70 M | Satisfied |
19 Oct 2016 | Citi Bank N.A. | ₹20.00 Cr | Satisfied |
28 Jul 2015 | Axis Bank Limited | ₹5.50 Cr | Satisfied |
27 Jun 2013 | Axis Bank Limited | ₹5.50 Cr | Satisfied |
27 Sep 2008 | State Bank Of India | ₹11.95 Cr | Satisfied |
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.
Deals i
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
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.