Indian Acrylics Limited

This company manufactures and trades acrylic fiber/yarn for various textile industries in India and abroad.

1986 | Sangrur, Punjab (India) | Active
Last Updated:

Indian Acrylics Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 135.32 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 232.27 Cr
  • Satisfied Charges ₹ 600.88 Cr
  • Revenue Growth 45.79%
  • Profit Growth 125.24%
  • Ebitda 380.57%
  • Net Worth 26.60%
  • Total Assets -7.02%

About Indian Acrylics

Indian Acrylics Limited (IAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 February 1986 and has a history of 39 years and one month. Its registered office is in Sangrur, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514165.

The Company is engaged in the Manufacturing 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 150.00 Cr and a paid-up capital of Rs 135.32 Cr.

The company currently has active open charges totaling ₹232.27 Cr. The company has closed loans amounting to ₹600.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indian Acrylics Limited India are Bhavnesh Gupta as COMPANY SECRETARY and Surinder Kansal as Cfo. Shivdev Singh, Sanjay Ahuja, Dheeraj Garg, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Sangrur, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24301PB1986PLC006715

  • Company No.

    006715

  • Stock Symbol

    BSE : 514165

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 1986

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Indian Acrylics Limited offer?

Indian Acrylics Limited offers a wide range of products and services, including Winter Wear & Accessories, Sweater, Ladies Dresses, Apparels & Clothings, Ladies Shrug, Sweatshirts, Winter Coat, Yarns & Threads, Viscose Yarn, Woolen Clothing, Textile Yarn.

Who are the key members and board of directors at Indian Acrylics?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajinder Garg Country flag representing In Managing Director28-Feb-1986Current
Bhavnesh Gupta Country flag representing In Company Secretary01-Apr-1993Current
Surinder Kansal Country flag representing In CFO01-Aug-2017Current

Board Members (9)

NameDesignationAppointment DateStatus
Deva Reddy Country flag representing In Director 15-Sep-2020Current
Shivdev Singh Country flag representing In Director 01-Jul-2017Current
Sanjay Ahuja Country flag representing In Nominee Director 14-Feb-2022Current
Dheeraj Garg Country flag representing In Whole-Time Director 29-Nov-1997Current
Surinder Virdi Country flag representing In Director 01-Oct-2024Current
Shashi Gupta Country flag representing In Director 14-Nov-2019Current

Financial Performance of Indian Acrylics.

Indian Acrylics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.79% increase. The company also saw a substantial improvement in profitability, with a 125.24% increase in profit. The company's net worth Soared by an impressive increase of 26.6%.

Indian Acrylics revenue growth over time
Indian Acrylics 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
45.79%
Revenue from Operations
45.99%
Total Assets
-7.02%
Profit or Loss
125.24%
Net Worth
26.60%
EBITDA
380.57%

What is the Ownership and Shareholding Structure of Indian Acrylics?

In 2023, Indian Acrylics had a promoter holding of 62.57% and a public holding of 37.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹232.27 Cr

Satisfied Charges

₹600.88 Cr

Charges Breakdown by Lending Institutions

  • Others : 232.27 Cr

Latest Charge Details

DateLenderAmountStatus
30 May 2023Others₹20.00 CrOpen
02 Mar 2021Others₹24.02 CrOpen
18 Feb 2020Others₹66.00 CrOpen
13 Apr 1993Others₹122.25 CrOpen
20 Mar 2021Indian Overseas Bank₹2.18 CrSatisfied

How Many Employees Work at Indian Acrylics?

Indian Acrylics has a workforce of 2704 employees as of Mar 31, 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 Indian Acrylics Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 66.00 Cr registered on 18 Feb 2020 with Charge ID 100327775 was modified on 22 Oct 2024.

  • Director Appointment

    Surinder Singh Virdi was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 5 months 29 days .

  • Annual General Meeting

    Indian Acrylics Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 122.25 Cr registered on 13 Apr 1993 with Charge ID 90168546 was modified on 07 Aug 2024.

  • Balance Sheet

    Indian Acrylics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Parampal Kaur Sidhu was appointed as a Nominee Director was appointed as a Nominee Director on 08 Nov 2023 & has been associated with this company since 1 year 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Indian Acrylics Limited?

    Indian Acrylics Limited was incorporated on 28 Feb 1986.

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

    The authorized share capital of Indian Acrylics Limited is ₹ 150.00 Cr and paid-up capital is ₹ 135.32 Cr.

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

    Currently 12 directors are associated with Indian Acrylics Limited.

    • Shivdev Inder Singh
    • Sanjay Krishna Ahuja
    • Dheeraj Garg
    • Rajinder Kumar Garg
    • Surinder Singh Virdi
    • Deva Bharathi Reddy
    • Bhavnesh Kumar Gupta
    • Surinder Kansal
    • Shashi Bhushan Gupta
    • Tejinder Kaur
    • Alok Goyal
    • Parampal Kaur Sidhu

  • What is the registered address of Indian Acrylics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Indian Acrylics Limited is Village Harkishanpura. Sub-Teh. Bhawanigarh, Distt India, Sangrur, Punjab, 148026.

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

    The corporate identification number (CIN) of Indian Acrylics Limited is L24301PB1986PLC006715 and the company number is 006715 as per Ministry of Corporate Affairs (MCA).

  • Is Indian Acrylics Limited registered with any stock exchange in India?

    Yes, Indian Acrylics Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Indian Acrylics Limited?

    The Official website of Indian Acrylics Limited is https://www.indianacrylics.com

  • What has been the recent revenue trend for Indian Acrylics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Indian Acrylics Limited has risen by 45.79%.

  • How many employees does Indian Acrylics Limited currently have?

    As Per 2023 financial reports, 2704 employees are currently employed by Indian Acrylics Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Indian Acrylics Limited has experienced an upsurge of 26.60%.

  • What are the total open charges for Indian Acrylics Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Indian Acrylics Limited amount to ₹ 232.27 Cr.

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

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

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