Indel Engineering Private Limited

Designs and manufactures elevators, established in 2004 with headquarters in Ahmedabad, Gujarat.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Indel Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.70 Cr
  • Satisfied Charges ₹ 1.24 Cr
  • Revenue Growth 40.78%
  • Profit Growth 244.73%
  • Ebitda 56.74%
  • Net Worth 8.96%
  • Total Assets 1.42%

About Indel Engineering

Indel Engineering Private Limited (IEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 June 2004 and has a history of 20 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Indel Engineering Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.70 Cr. The company has closed loans amounting to ₹1.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kartik Nagar, Kaushikbhai Nagar, Hansaben Nagar, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indelelevator.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29119GJ2004PTC044340

  • Company No.

    044340

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Indel Engineering Private Limited offer?

Indel Engineering Private Limited offers a wide range of products and services, including Security & Inspection Devices, Car Parking System, Elevators & Escalators, Goods Lift, Automotive Repair Tools & Equipments, Car Lift, Passenger Lifts, Anti Theft Device.

Who are the key members and board of directors at Indel Engineering?

Board Members (4)

NameDesignationAppointment DateStatus
Kartik Nagar Country flag representing In Director 21-Jun-2004Current
Kaushikbhai Nagar Country flag representing In Director 21-Jun-2004Current
Hansaben Nagar Country flag representing In Director 21-Jun-2004Current
Jigar Nagar Country flag representing In Director 01-May-2016Current

Financial Performance of Indel Engineering.

Indel Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.78% increase. The company also saw a substantial improvement in profitability, with a 244.73% increase in profit. The company's net worth moved up by a moderate rise of 8.96%.

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
40.78%
Revenue from Operations
40.63%
Total Assets
1.42%
Profit or Loss
244.73%
Net Worth
8.96%
EBITDA
56.74%

What is the Ownership and Shareholding Structure of Indel Engineering?

In 2023, Indel Engineering had a promoter holding of 99.23% and a public holding of 0.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.98 M

Satisfied Charges

₹12.40 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.70 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2023Hdfc Bank Limited₹1.70 CrOpen
04 Aug 2017State Bank Of India₹7.40 MSatisfied
11 Jul 2014Vijaya Bank₹5.00 MSatisfied

How Many Employees Work at Indel Engineering?

Indel Engineering has a workforce of 10 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indel Engineering, 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 Indel Engineering'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 Indel Engineering

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.98 M registered on 17 Feb 2023 with Charge ID 100689405 was modified on 09 Oct 2024.

    09 Oct 2024

  • Annual General Meeting

    Indel Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Indel Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 04 Aug 2017 via Charge ID 100119555 with State Bank Of India was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 16.98 M with Charge ID 100689405 was registered on 17 Feb 2023.

    17 Feb 2023

  • Charges

    A charge with State Bank Of India of Rs. 7.40 M registered on 04 Aug 2017 with Charge ID 100119555 was modified on 01 Jun 2020.

    01 Jun 2020

Frequently asked questions

  • Indel Engineering Private Limited was incorporated on 21 Jun 2004.

  • The authorized share capital of Indel Engineering Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Indel Engineering Private Limited.

    • Kartik Kaushikbhai Nagar
    • Kaushikbhai Bachubhai Nagar
    • Hansaben Kaushikbhai Nagar
    • Jigar Kaushikbhai Nagar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indel Engineering Private Limited is S-4 Blue Star Complex Nr. Sardar Patel Stadium Rajiv Gandhi Over Bridge, Navrangpura India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Indel Engineering Private Limited is U29119GJ2004PTC044340 and the company number is 044340 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indel Engineering Private Limited is https://www.indelelevator.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indel Engineering Private Limited has risen by 40.78%.

  • As Per 2023 financial reports, 10 employees are currently employed by Indel Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indel Engineering Private Limited has experienced an upsurge of 8.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indel Engineering Private Limited amount to ₹ 1.70 Cr.

  • The most recent Balance Sheet for Indel Engineering Private Limited was filed with the ROC on 31 Mar 2024.