Indiana Gratings Private Limited

Manufactures and exports floor gratings, stair treads, handrails, steel fabrication, cable trays, and wind power.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Indiana Gratings Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 28 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 243.40 Cr
  • Satisfied Charges ₹ 27.71 Cr
  • Revenue Growth -21.42%
  • Profit Growth -43.24%
  • Ebitda -32.07%
  • Net Worth 9.58%
  • Total Assets 10.36%

About Indiana Gratings

Indiana Gratings Private Limited (IGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 1997 and has a history of 28 years. Its registered office is in Mumbai, Maharashtra, India.

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 15.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹243.40 Cr. The company has closed loans amounting to ₹27.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prashant Hingorani, Padma Hingorani, Dharamkumar Bhatia, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indianagroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31300MH1997PTC105716

  • Company No.

    105716

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1997

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Environment

What products or services does Indiana Gratings Private Limited offer?

Indiana Gratings Private Limited offers a wide range of products and services, including Wire Mesh & Gratings, Gratings, Drainage Covers and Slabs, Drain Covers, Clamps, Offset Clamps, Steel & Stainless Steel Products, Industrial Steel, Toggle Clamps, Hose Clamps.

Who are the key members and board of directors at Indiana Gratings?

Board Members (4)

NameDesignationAppointment DateStatus
Prashant Hingorani Country flag representing In Director 06-Aug-1997Current
Padma Hingorani Country flag representing In Director 21-Dec-2021Current
Dharamkumar Bhatia Country flag representing In Director 07-Feb-1997Current
Manish Shedge Country flag representing In Director 02-Mar-2015Current

Financial Performance of Indiana Gratings.

Indiana Gratings Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.42% decrease. The company also saw a substantial fall in profitability, with a 43.24% decrease in profit. The company's net worth moved up by a moderate rise of 9.58%.

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
-21.42%
Revenue from Operations
-21.79%
Total Assets
10.36%
Profit or Loss
-43.24%
Net Worth
9.58%
EBITDA
-32.07%

What is the Ownership and Shareholding Structure of Indiana Gratings?

In 2021, Indiana Gratings had a promoter holding of 45.00% and a public holding of 55.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹243.40 Cr

Satisfied Charges

₹27.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 132.55 Cr
  • Corporation Bank : 55.85 Cr
  • Citi Bank N.A. : 55.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Nov 2024Citi Bank N.A.₹55.00 CrOpen
30 Jan 2020Others₹0.99 MOpen
30 Jan 2020Others₹0.99 MOpen
06 Jul 2019Others₹7.35 CrOpen
06 Jul 2015Corporation Bank₹1.59 MOpen

How Many Employees Work at Indiana Gratings?

Indiana Gratings has a workforce of 347 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 55.00 Cr with Charge ID 101019700 was registered on 11 Nov 2024.

    11 Nov 2024

  • Annual General Meeting

    Indiana Gratings Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Indiana Gratings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 17 May 2017 via Charge ID 100097495 with Others was fully satisfied on 28 Jan 2022.

    28 Jan 2022

  • Charges

    A charge registered on 02 Jan 2017 via Charge ID 100095371 with Others was fully satisfied on 28 Jan 2022.

    28 Jan 2022

  • Charges

    A charge registered on 06 Jul 2015 via Charge ID 10583857 with Corporation Bank was fully satisfied on 28 Jan 2022.

    28 Jan 2022

Frequently asked questions

  • Indiana Gratings Private Limited was incorporated on 07 Feb 1997.

  • The authorized share capital of Indiana Gratings Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 4 directors are associated with Indiana Gratings Private Limited.

    • Prashant Gobind Hingorani
    • Padma Gobind Hingorani
    • Dharamkumar Mohanlal Bhatia
    • Manish Dattatray Shedge
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indiana Gratings Private Limited is Indiana House Marol Nakaopp M Vassanji Road Andheri East India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Indiana Gratings Private Limited is U31300MH1997PTC105716 and the company number is 105716 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indiana Gratings Private Limited is https://www.indianagroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Indiana Gratings Private Limited has fallen by -21.42%.

  • As Per 2021 financial reports, 347 employees are currently employed by Indiana Gratings Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Indiana Gratings Private Limited has experienced an upsurge of 9.58%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Indiana Gratings Private Limited amount to ₹ 243.40 Cr.

  • The most recent Balance Sheet for Indiana Gratings Private Limited was filed with the ROC on 31 Mar 2024.

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