Indequip Limited

Distributes LPG and commercial gas, represents textile and ginning machinery, and sells various products.

1948 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Indequip Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 76 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 Cr
  • Satisfied Charges ₹ 2.90 Cr
  • Revenue Growth 0.81%
  • Profit Growth 22.19%
  • Ebitda 51.92%
  • Net Worth 9.14%
  • Total Assets 9.52%

About Indequip

Indequip Limited (IL) was founded in India on 18 October 1948 and has a glorious history of 76 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Energy And Power 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 3.50 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹2.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chirag Parikh, Aalap Parikh, Sudam Auti, and Two other members 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

    U29299GJ1948PLC107970

  • Company No.

    107970

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1948

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power
Company report

Indequip Limited

Explore comprehensive data for Indequip Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Indequip?

Board Members (5)

NameDesignationAppointment DateStatus
Vikrant Auti Country flag representing In Additional Director 25-Apr-2022Current
Chirag Parikh Country flag representing In Director 04-Mar-1997Current
Aalap Parikh Country flag representing In Whole-Time Director 22-Nov-2006Current
Sudam Auti Additional Director 12-Nov-2024Current
Balraj Tomar Country flag representing In Additional Director 05-Nov-2020Current

Financial Performance of Indequip.

Indequip Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.81% increase. The company also saw a substantial improvement in profitability, with a 22.19% increase in profit. The company's net worth moved up by a moderate rise of 9.14%.

Indequip revenue growth over time
Indequip 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
0.81%
Revenue from Operations
1.47%
Total Assets
9.52%
Profit or Loss
22.19%
Net Worth
9.14%
EBITDA
51.92%

What is the Ownership and Shareholding Structure of Indequip?

In 2023, Indequip had a promoter holding of 99.63% and a public holding of 0.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.00 M

Satisfied Charges

₹29.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.10 Cr

Latest Charge Details

DateLenderAmountStatus
04 Feb 2022Others₹1.10 CrOpen
28 Aug 2014Ing Vysya Bank Limited₹1.10 CrSatisfied
11 Oct 2010Yes Bank Limited₹1.00 CrSatisfied
10 Dec 2007Centurion Bank Of Punjab Limited₹4.00 MSatisfied
20 Nov 2007Centurion Bank Of Punjab Ltd₹4.00 MSatisfied

How Many Employees Work at Indequip?

Indequip has a workforce of 12 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.

Employee growth trends for Indequip Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Sudam Dhondibhau Auti was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 5 months 1 day .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Vikrant Sudam Auti was appointed as a Additional Director was appointed as a Additional Director on 25 Apr 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge with Others amounted to Rs. 11.00 M with Charge ID 100555407 was registered on 04 Feb 2022.

  • Charges

    A charge registered on 11 Oct 2010 via Charge ID 10257384 with Yes Bank Limited was fully satisfied on 04 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Indequip Limited?

    Indequip Limited was incorporated on 18 Oct 1948.

  • What is authorized share capital and paid-up capital of Indequip Limited?

    The authorized share capital of Indequip Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.

  • Who are the current board members & directors of Indequip Limited?

    Currently 5 directors are associated with Indequip Limited.

    • Chirag Ramesh Parikh
    • Aalap Rameshbhai Parikh
    • Sudam Dhondibhau Auti
    • Balraj Tomar
    • Vikrant Sudam Auti

  • What is the registered address of Indequip Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Indequip Limited is Gas Godown Block No.3 Plot No. 96, Nidc Lamba Ahmedabad India, Daskroi, Gujarat, 382440.

  • What is the corporate identification number (CIN) and company number of Indequip Limited?

    The corporate identification number (CIN) of Indequip Limited is U29299GJ1948PLC107970 and the company number is 107970 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Indequip Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Indequip Limited has risen by 0.81%.

  • How many employees does Indequip Limited currently have?

    As Per 2023 financial reports, 12 employees are currently employed by Indequip Limited.

  • What change has been observed in the net worth of Indequip Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Indequip Limited has experienced an upsurge of 9.14%.

  • What are the total open charges for Indequip Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Indequip Limited amount to ₹ 1.10 Cr.

  • When was the last Balance Sheet of Indequip Limited filed with the ROC?

    The most recent Balance Sheet for Indequip Limited was filed with the ROC on 31 Mar 2024.

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