Indequip Engineering Limited
Manufactures machinery and spare parts, imports and exports, and offers repair and rental services.
1961 | Ahmedabad, Gujarat (India) | Active
Indequip Engineering Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.43 M
- Company Age 63 Year, 8 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 24.12 Cr
- Revenue Growth %
- Profit Growth 90.61%
- Ebitda 90.89%
- Net Worth -0.05%
- Total Assets 1.12%
About Indequip Engineering
Indequip Engineering Limited (IEL) was founded in India on 06 July 1961 and has a glorious history of 63 years and eight months.Its registered office is in Ahmedabad, Gujarat, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 8.43 M.
The company currently has active open charges totaling ₹24.12 Cr.
Jaspalsingh Sethi, Pragnesh Kanaiyalal, and Gurvinder Sethi serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29259GJ1961PLC001069
- Company No.
001069
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jul 1961
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
Who are the key members and board of directors at Indequip Engineering?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pragnesh Kanaiyalal  | Director | 06-Mar-2019 | Current |
| Jaspalsingh Sethi | Director | 01-Jan-1978 | Current |
| Gurvinder Sethi | Director | 19-Aug-1980 | Current |
Financial Performance of Indequip Engineering.
Indequip Engineering Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 90.61% increase in profit. The company's net worth dipped by a decrease of 0.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indequip Engineering?
In 2021, Indequip Engineering had a promoter holding of 69.49% and a public holding of 30.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹24.12 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Asset Reconstruction Company ( India) Limited : 9.63 Cr
- Asset Reconstruction Company (India) Limited : 8.33 Cr
- Bank Of India : 5.78 Cr
- Bank Of Maharashtra : 0.17 Cr
- Bank Of Baroda : 0.14 Cr
- Others : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2001 | Bank Of Maharashtra | ₹0.40 M | Open |
| 18 Aug 1982 | Bank Of Maharashtra | ₹1.30 M | Open |
| 11 Jan 1982 | Bank Of Baroda | ₹0.09 M | Open |
| 08 Apr 1981 | Asset Reconstruction Company (India) Limited | ₹1.50 M | Open |
| 08 Apr 1981 | Asset Reconstruction Company (India) Limited | ₹1.88 Cr | Open |
How Many Employees Work at Indequip Engineering?
Unlock and access historical data on people associated with Indequip Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indequip 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 Indequip Engineering'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.
Latest Updates, News, and FAQs on Indequip Engineering
Recent activity within the organization
- Annual General Meeting
Indequip Engineering Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
- Balance Sheet
Indequip Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
- Director Appointment
Pragnesh Panchal Kanaiyalal was appointed as a Director was appointed as a Director on 06 Mar 2019 & has been associated with this company since 6 years 25 days .
- Charges
A charge with Asset Reconstruction Company (India) Limited of Rs. 0.15 Cr registered on 08 Apr 1981 with Charge ID 80047597 was modified on 11 Jul 2008.
- Charges
A charge with Asset Reconstruction Company (India) Limited of Rs. 1.88 Cr registered on 08 Apr 1981 with Charge ID 80047600 was modified on 11 Jul 2008.
- Charges
A charge with Asset Reconstruction Company ( India) Limited of Rs. 9.63 Cr registered on 05 Jul 1976 with Charge ID 80047601 was modified on 11 Jul 2008.
Frequently asked questions
What is the Incorporation or founding date of Indequip Engineering Limited?
Indequip Engineering Limited was incorporated on 06 Jul 1961.
What is authorized share capital and paid-up capital of Indequip Engineering Limited?
The authorized share capital of Indequip Engineering Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.43 M.
Who are the current board members & directors of Indequip Engineering Limited?
Currently 3 directors are associated with Indequip Engineering Limited.
- Jaspalsingh Sethi
- Pragnesh Panchal Kanaiyalal
- Gurvinder Singh Balbir Sethi
What is the registered address of Indequip Engineering Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indequip Engineering Limited is 6 Uniqe Park Opp Isro Main Gate Satelite Road India, Ahmedabad, Gujarat, 380015.
What is the corporate identification number (CIN) and company number of Indequip Engineering Limited?
The corporate identification number (CIN) of Indequip Engineering Limited is U29259GJ1961PLC001069 and the company number is 001069 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Indequip Engineering Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Indequip Engineering Limited has experienced an downturn of -0.05%.
What are the total open charges for Indequip Engineering Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Indequip Engineering Limited amount to ₹ 24.12 Cr.
When was the last Balance Sheet of Indequip Engineering Limited filed with the ROC?
The most recent Balance Sheet for Indequip Engineering Limited was filed with the ROC on 31 Mar 2021.
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