India Pistons Limited

Manufacturer of automotive components such as pistons, rings, gudgeon pins, and more.

1949 | Chennai, Tamil Nadu (India) | Active
Last Updated:

India Pistons Profile

Key Indicators

  • Authorised Capital ₹ 190.00 Cr
  • Paid Up Capital ₹ 175.00 Cr
  • Company Age 75 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 172.06 Cr
  • Satisfied Charges ₹ 220.70 Cr
  • Revenue Growth 13.16%
  • Profit Growth -216.74%
  • Ebitda -188.82%
  • Net Worth -116.54%
  • Total Assets 6.96%

About India Pistons

India Pistons Limited (IPL) was founded in India on 30 July 1949 and has a glorious history of 75 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Automotive 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 190.00 Cr and a paid-up capital of Rs 175.00 Cr.

The company currently has active open charges totaling ₹172.06 Cr. The company has closed loans amounting to ₹220.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at India Pistons Limited India is K Balaji as COMPANY SECRETARY. Anantharamakrishnan Krishnamoorthy, Srinivasaraghavan Sridharan, Venkataramani Anantharamakrishnan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indiapistons.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35999TN1949PLC000951

  • Company No.

    000951

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 1949

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does India Pistons Limited offer?

India Pistons Limited offers a wide range of products and services, including Rubber Gaskets and Gasket Material, Gaskets, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Engine & Engine Spare Parts, Engine Valve, Piston & Crankshaft Assemblies, Cylinder Liner, Marketing Services & Consultants, Sales Support Services.

Who are the key members and board of directors at India Pistons?

Executive Team (1)

NameDesignationAppointment DateStatus
K Balaji Country flag representing In Company Secretary12-Jun-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Anantharamakrishnan Krishnamoorthy Country flag representing In Director 18-Nov-1981Current
Srinivasaraghavan Sridharan Country flag representing In Director 31-Aug-2011Current
Venkataramani Anantharamakrishnan Country flag representing Gb Director 19-Dec-2005Current
Pasalai Sankaran Country flag representing In Director 19-Apr-2022Current
Gautam Venkataramani Country flag representing In Whole-Time Director 14-Mar-2012Current

Financial Performance of India Pistons.

India Pistons Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.16% increase. The company also saw a substantial fall in profitability, with a 216.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 116.54%.

India Pistons revenue growth over time
India Pistons 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
13.16%
Revenue from Operations
13.31%
Total Assets
6.96%
Profit or Loss
-216.74%
Net Worth
-116.54%
EBITDA
-188.82%

What is the Ownership and Shareholding Structure of India Pistons?

In 2023, India Pistons had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹172.06 Cr

Satisfied Charges

₹220.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 157.56 Cr
  • Hdfc Bank Limited : 8.50 Cr
  • Hdfc Bank Ltd. : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2022Others₹6.50 CrOpen
19 Aug 2021Others₹13.00 CrOpen
17 Jun 2021Others₹5.83 MOpen
17 Dec 2012Hdfc Bank Limited₹8.50 CrOpen
15 Sep 2004Hdfc Bank Ltd.₹6.00 CrOpen

How Many Employees Work at India Pistons?

India Pistons has a workforce of 745 employees as of Apr 08, 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 India Pistons Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    India Pistons Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 137.48 Cr registered on 20 Dec 1972 with Charge ID 90287117 was modified on 25 Jun 2024.

  • Balance Sheet

    India Pistons Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 29 May 2020 via Charge ID 100341280 with Others was fully satisfied on 30 Jun 2023.

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100643104 was registered on 13 Oct 2022.

  • Director Appointment

    Pasalai Rajamani Sankaran was appointed as a Director was appointed as a Director on 19 Apr 2022 & has been associated with this company since 2 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of India Pistons Limited?

    India Pistons Limited was incorporated on 30 Jul 1949.

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

    The authorized share capital of India Pistons Limited is ₹ 190.00 Cr and paid-up capital is ₹ 175.00 Cr.

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

    Currently 6 directors are associated with India Pistons Limited.

    • Anantharamakrishnan Krishnamoorthy
    • Srinivasaraghavan Sridharan
    • Venkataramani Anantharamakrishnan
    • Pasalai Rajamani Sankaran
    • Gautam Venkataramani
    • K Balaji

  • What is the registered address of India Pistons Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of India Pistons Limited is Huzur Gardens Sembiam, India, Madras, Tamil Nadu, 600011.

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

    The corporate identification number (CIN) of India Pistons Limited is U35999TN1949PLC000951 and the company number is 000951 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of India Pistons Limited?

    The Official website of India Pistons Limited is https://www.indiapistons.com

  • What has been the recent revenue trend for India Pistons Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for India Pistons Limited has risen by 13.16%.

  • How many employees does India Pistons Limited currently have?

    As Per 2023 financial reports, 745 employees are currently employed by India Pistons Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of India Pistons Limited has experienced an downturn of -116.54%.

  • What are the total open charges for India Pistons Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for India Pistons Limited amount to ₹ 172.06 Cr.

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

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

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