India Pistons Profile
Key Indicators
- Authorised Capital ₹ 190.00 Cr
- Paid Up Capital ₹ 175.00 Cr
- Company Age 75 Year, 6 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 six 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
- 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
K Balaji  | Company Secretary | 12-Jun-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anantharamakrishnan Krishnamoorthy | Director | 18-Nov-1981 | Current |
| Srinivasaraghavan Sridharan | Director | 31-Aug-2011 | Current |
Venkataramani Anantharamakrishnan  | Director | 19-Dec-2005 | Current |
| Pasalai Sankaran | Director | 19-Apr-2022 | Current |
| Gautam Venkataramani | Whole-Time Director | 14-Mar-2012 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Stanes Amalgamated Estates LimitedAnantharamakrishnan Krishnamoorthy is a mutual person
Parry Enterprises India LimitedVenkataramani Anantharamakrishnan is a mutual person
Shanthi Gears LimitedVenkataramani Anantharamakrishnan is a mutual person
Simpson And Company LimitedAnantharamakrishnan Krishnamoorthy and Pasalai Sankaran are mutual person
Ip Rings LimitedVenkataramani Anantharamakrishnan is a mutual person
- Ipr Eminox Technologies Private Limited
Venkataramani Anantharamakrishnan is a mutual person
Charges (Loans)
₹172.06 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Oct 2022 | Others | ₹6.50 Cr | Open |
| 19 Aug 2021 | Others | ₹13.00 Cr | Open |
| 17 Jun 2021 | Others | ₹5.83 M | Open |
| 17 Dec 2012 | Hdfc Bank Limited | ₹8.50 Cr | Open |
| 15 Sep 2004 | Hdfc Bank Ltd. | ₹6.00 Cr | Open |
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.
Deals i
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
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.
