Incresol Engineering Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.57 Cr
- Company Age 9 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.96 Cr
- Satisfied Charges ₹ 2.41 Cr
- Revenue Growth 38.89%
- Profit Growth 98.09%
- Ebitda 72.09%
- Net Worth 36.26%
- Total Assets -3.14%
About Incresol Engineering Solutions
Incresol Engineering Solutions Private Limited (IESPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 November 2015 (Nine years and two months 13 days old ). Its registered office is in Bangalore, Karnataka.
The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 1.57 Cr.
The company currently has active open charges totaling ₹9.96 Cr. The company has closed loans amounting to ₹2.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chinmaya, Munihanumaiah Manjunath, Chandra Rajanna, and One other member serve as directors at the Company.
Company Details
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LocationBangalore, Karnataka
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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
U72200KA2015PTC084220
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Company No.
084220
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Nov 2015
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Incresol Engineering Solutions Private Limited offer?
Incresol Engineering Solutions Private Limited offers a wide range of products and services, including Door & Window Fabrication Services, Window & Railing Fabrication Services, Die Casting Mould & Moulding Tools, Injection Moulds, Stamping Tools & Stamping Machine, Stamping Parts, Business Planning and Management, Business Consultant, Electrical Panels & Distribution Box, Busbar Systems.
Who are the key members and board of directors at Incresol Engineering Solutions?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chinmaya
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Director | 12-Aug-2017 | Current |
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Munihanumaiah Manjunath
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Director | 07-Mar-2024 | Current |
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Chandra Rajanna
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Director | 26-Aug-2019 | Current |
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Rajanna Siddaiah
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Director | 20-Nov-2015 | Current |
Financial Performance of Incresol Engineering Solutions.
Incresol Engineering Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.89% increase. The company also saw a substantial improvement in profitability, with a 98.09% increase in profit. The company's net worth Soared by an impressive increase of 36.26%.
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What is the Ownership and Shareholding Structure of Incresol Engineering Solutions?
In 2023, Incresol Engineering Solutions had a promoter holding of 95.50% and a public holding of 4.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹9.96 Cr
₹2.41 Cr
Charges Breakdown by Lending Institutions
- Others : 5.61 Cr
- Hdfc Bank Limited : 2.50 Cr
- Sidbi : 1.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2024 | Others | ₹5.00 Cr | Open |
| 17 Oct 2023 | Sidbi | ₹1.49 Cr | Open |
| 15 Jun 2023 | Sidbi | ₹3.60 M | Open |
| 04 Jan 2022 | Hdfc Bank Limited | ₹2.50 Cr | Open |
| 21 Sep 2021 | Others | ₹2.55 M | Open |
How Many Employees Work at Incresol Engineering Solutions?
Incresol Engineering Solutions has a workforce of 23 employees as of Apr 04, 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 Incresol Engineering Solutions, 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 Incresol Engineering Solutions'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.
