Indequip Engineering Limited

Manufactures machinery and spare parts, imports and exports, and offers repair and rental services.

1961 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 20, 2024

Indequip Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.43 M
  • Company Age 63 Year, 7 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 seven 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)

NameDesignationAppointment DateStatus
Pragnesh Kanaiyalal Country flag representing In Director 06-Mar-2019Current
Jaspalsingh Sethi Country flag representing In Director 01-Jan-1978Current
Gurvinder Sethi Country flag representing In Director 19-Aug-1980Current

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%.

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
Revenue from Operations
Total Assets
1.12%
Profit or Loss
90.61%
Net Worth
-0.05%
EBITDA
90.89%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
28 Aug 2001Bank Of Maharashtra₹0.40 MOpen
18 Aug 1982Bank Of Maharashtra₹1.30 MOpen
11 Jan 1982Bank Of Baroda₹0.09 MOpen
08 Apr 1981Asset Reconstruction Company (India) Limited₹1.50 MOpen
08 Apr 1981Asset Reconstruction Company (India) Limited₹1.88 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Nov 2021

  • Balance Sheet

    Indequip Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

    31 Mar 2021

  • 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 5 years 11 months .

    06 Mar 2019

  • 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.

    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.

    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.

    11 Jul 2008

Frequently asked questions

  • Indequip Engineering Limited was incorporated on 06 Jul 1961.

  • The authorized share capital of Indequip Engineering Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.43 M.

  • Currently 3 directors are associated with Indequip Engineering Limited.

    • Jaspalsingh Sethi
    • Pragnesh Panchal Kanaiyalal
    • Gurvinder Singh Balbir Sethi
  • 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.

  • The corporate identification number (CIN) of Indequip Engineering Limited is U29259GJ1961PLC001069 and the company number is 001069 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Indequip Engineering Limited has experienced an downturn of -0.05%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Indequip Engineering Limited amount to ₹ 24.12 Cr.

  • The most recent Balance Sheet for Indequip Engineering Limited was filed with the ROC on 31 Mar 2021.

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