Igniting Minds Aerospace Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.20 M
- Company Age 7 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.53 Cr
- Satisfied Charges ₹ 1.20 Cr
- Revenue Growth 51.48%
- Profit Growth 51.22%
- Ebitda 97.71%
- Net Worth 102.99%
- Total Assets 38.87%
About Igniting Minds Aerospace
Igniting Minds Aerospace Private Limited (IMAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 18 April 2017 (Seven years and ten months 4 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Transport And Logistics 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 1.50 Cr and a paid-up capital of Rs 9.20 M.
The company currently has active open charges totaling ₹9.53 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chandana Anjanappa, Chakrapani Muppala, Satish Nagarajasastry, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29304KA2017PTC102346
- Company No.
102346
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Apr 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Igniting Minds Aerospace?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chakrapani Muppala  | Managing Director | 18-Apr-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chandana Anjanappa | Director | 07-Jan-2019 | Current |
| Satish Nagarajasastry | Director | 19-Apr-2019 | Current |
| Kuri Beerappa | Director | 19-Apr-2019 | Current |
Financial Performance of Igniting Minds Aerospace.
Igniting Minds Aerospace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.48% increase. The company also saw a substantial improvement in profitability, with a 51.22% increase in profit. The company's net worth Soared by an impressive increase of 102.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Igniting Minds Aerospace?
In 2023, Igniting Minds Aerospace had a promoter holding of 48.91% and a public holding of 51.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Propellente It Private LimitedSatish Nagarajasastry is a mutual person
Charges (Loans)
₹9.53 Cr
₹1.20 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.28 Cr
- Others : 1.76 Cr
- Yes Bank Limited : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2024 | Hdfc Bank Limited | ₹2.75 M | Open |
| 26 Feb 2024 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 05 Sep 2023 | Others | ₹5.18 M | Open |
| 12 Apr 2023 | Others | ₹5.62 M | Open |
| 25 Aug 2022 | Others | ₹6.76 M | Open |
How Many Employees Work at Igniting Minds Aerospace?
Igniting Minds Aerospace has a workforce of 26 employees as of Mar 29, 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 Igniting Minds Aerospace, 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 Igniting Minds Aerospace'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.
