Indaid Engineers Private Limited

Manufactures furnaces and ovens for various industries.

1986 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Indaid Engineers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.33 M
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.40 Cr
  • Satisfied Charges ₹ 12.80 Cr
  • Revenue Growth 72.78%
  • Profit Growth 1231.10%
  • Ebitda 300.28%
  • Net Worth 23.76%
  • Total Assets 43.64%

About Indaid Engineers

Indaid Engineers Private Limited (IEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1986 and has a history of 38 years and five months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 3.33 M.

The company currently has active open charges totaling ₹5.40 Cr. The company has closed loans amounting to ₹12.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnamoorthy Kalyanasundaram, Narayanan Dandapani, and Latha Narayanan serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indaid.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209TN1986PTC013319

  • Company No.

    013319

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1986

  • Date of AGM

    29 May 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment
Engineering

What products or services does Indaid Engineers Private Limited offer?

Indaid Engineers Private Limited offers a wide range of products and services, including Industrial Furnaces & Ovens, Industrial Furnaces, Drying Ovens, Industrial Ovens, Electric Furnaces, Furnace Structure, Boilers & Boiler Parts, Hot Air Generator, Rotary Furnaces, Bakery & Dairy Machinery.

Who are the key members and board of directors at Indaid Engineers?

Executive Team (1)

Name Designation Appointment Date Status
Narayanan Dandapani Country flag representing In Managing Director 01-Apr-2017 Current

Board Members (2)

Name Designation Appointment Date Status
Krishnamoorthy Kalyanasundaram Country flag representing In Director 20-Aug-1986 Current
Latha Narayanan Country flag representing In Director 27-Nov-2021 Current

Financial Performance of Indaid Engineers.

Indaid Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.78% increase. The company also saw a substantial improvement in profitability, with a 1231.1% increase in profit. The company's net worth Soared by an impressive increase of 23.76%.

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
72.78%
Revenue from Operations
68.43%
Total Assets
43.64%
Profit or Loss
1231.10%
Net Worth
23.76%
EBITDA
300.28%

What is the Ownership and Shareholding Structure of Indaid Engineers?

In 2023, Indaid Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹54.00 M

Satisfied Charges

₹128.00 M

Charges Breakdown by Lending Institutions

  • Others : 5.40 Cr

Latest Charge Details

Date Lender Amount Status
17 Jul 2019 Others ₹5.40 Cr Open
07 Aug 2018 Hdfc Bank Limited ₹6.00 Cr Satisfied
24 Jan 2011 The Tamilnadu Industrial Investment Corporation Limited ₹7.00 M Satisfied
30 Jun 2008 Union Bank Of India ₹5.00 M Satisfied
23 Jun 2008 The Tamilnadu Industrial Investment Corporation Limited ₹7.00 M Satisfied

How Many Employees Work at Indaid Engineers?

Indaid Engineers has a workforce of 43 employees as of Mar 27, 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 Indaid Engineers, 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 Indaid Engineers'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 Indaid Engineers

Recent activity within the organization

  • Annual General Meeting

    Indaid Engineers Private Limited last Annual general meeting of members was held on 29 May 2023 as per latest MCA records.

    29 May 2023

  • Balance Sheet

    Indaid Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 24 Jan 2011 via Charge ID 10264844 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 23 Jun 2008 via Charge ID 10111645 with The Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Director Appointment

    Latha Narayanan was appointed as a Director was appointed as a Director on 27 Nov 2021 & has been associated with this company since 3 years 2 months .

    27 Nov 2021

  • Charges

    A charge registered on 30 Jun 2008 via Charge ID 10112982 with Union Bank Of India was fully satisfied on 01 Dec 2020.

    01 Dec 2020

Frequently asked questions

  • Indaid Engineers Private Limited was incorporated on 20 Aug 1986.

  • The authorized share capital of Indaid Engineers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.33 M.

  • Currently 3 directors are associated with Indaid Engineers Private Limited.

    • Krishnamoorthy Kalyanasundaram
    • Narayanan Dandapani
    • Latha Narayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indaid Engineers Private Limited is C-22 And 23 Industrial Plots Mogappair West India, Chennai, Tamil Nadu, 600058.

  • The corporate identification number (CIN) of Indaid Engineers Private Limited is U27209TN1986PTC013319 and the company number is 013319 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indaid Engineers Private Limited is https://www.indaid.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indaid Engineers Private Limited has risen by 72.78%.

  • As Per 2023 financial reports, 43 employees are currently employed by Indaid Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indaid Engineers Private Limited has experienced an upsurge of 23.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indaid Engineers Private Limited amount to ₹ 5.40 Cr.

  • The most recent Balance Sheet for Indaid Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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