Indica Conveyors Limited

Manufacturer of fire-retardant and anti-static PVC conveyor belts for underground mining since 1998.

1998 | Punjab, Punjab (India) | Active
Last Updated: June 17, 2024

Indica Conveyors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.64 M
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 56.69 Cr
  • Satisfied Charges ₹ 43.15 Cr
  • Revenue Growth 11.79%
  • Profit Growth 13.22%
  • Ebitda 30.38%
  • Net Worth 4.14%
  • Total Assets -12.27%

About Indica Conveyors

Indica Conveyors Limited (ICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 June 1998 and has a history of 26 years and eight months. Its registered office is in Punjab, Punjab, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.64 M.

The company currently has active open charges totaling ₹56.69 Cr. The company has closed loans amounting to ₹43.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amarjot Singh, Bhupinder Singh, and Arvinder Singh serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indicaconveyor.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25191PB1998PLC021538

  • Company No.

    021538

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1998

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

Who are the key members and board of directors at Indica Conveyors?

Executive Team (1)

NameDesignationAppointment DateStatus
Arvinder Singh Country flag representing In Managing Director28-Jul-1998Current

Board Members (2)

NameDesignationAppointment DateStatus
Amarjot Singh Country flag representing In Director 06-Nov-2008Current
Bhupinder Singh Country flag representing In Whole-Time Director 06-Nov-2008Current

Financial Performance of Indica Conveyors.

Indica Conveyors Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.79% increase. The company also saw a substantial improvement in profitability, with a 13.22% increase in profit. The company's net worth moved up by a moderate rise of 4.14%.

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
11.79%
Revenue from Operations
11.79%
Total Assets
-12.27%
Profit or Loss
13.22%
Net Worth
4.14%
EBITDA
30.38%

What is the Ownership and Shareholding Structure of Indica Conveyors?

In 2023, Indica Conveyors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.69 Cr

Satisfied Charges

₹43.15 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 33.92 Cr
  • Hdfc Bank Limited : 21.00 Cr
  • Axis Bank Limited : 1.77 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2023Axis Bank Limited₹1.77 CrOpen
23 Sep 2022Yes Bank Limited₹33.92 CrOpen
27 Jul 2017Hdfc Bank Limited₹21.00 CrOpen
30 Oct 2021Canara Bank₹1.42 CrSatisfied
09 Sep 2021Canara Bank₹1.21 MSatisfied

How Many Employees Work at Indica Conveyors?

Indica Conveyors has a workforce of 15 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Indica Conveyors Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.77 Cr with Charge ID 100718716 was registered on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Indica Conveyors Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 30 Oct 2021 via Charge ID 100508795 with Canara Bank was fully satisfied on 22 Mar 2023.

    22 Mar 2023

  • Charges

    A charge registered on 09 Sep 2021 via Charge ID 100506450 with Canara Bank was fully satisfied on 22 Mar 2023.

    22 Mar 2023

  • Charges

    A charge registered on 15 Jul 2020 via Charge ID 100389203 with Canara Bank was fully satisfied on 22 Mar 2023.

    22 Mar 2023

Frequently asked questions

  • Indica Conveyors Limited was incorporated on 26 Jun 1998.

  • The authorized share capital of Indica Conveyors Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.64 M.

  • Currently 3 directors are associated with Indica Conveyors Limited.

    • Amarjot Singh
    • Bhupinder Singh
    • Arvinder Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indica Conveyors Limited is Fatehgar Sukar Chak Roadp O Verka Amritsar, Punjab, India, 143001.

  • The corporate identification number (CIN) of Indica Conveyors Limited is U25191PB1998PLC021538 and the company number is 021538 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indica Conveyors Limited is https://www.indicaconveyor.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indica Conveyors Limited has risen by 11.79%.

  • As Per 2023 financial reports, 15 employees are currently employed by Indica Conveyors Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indica Conveyors Limited has experienced an upsurge of 4.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indica Conveyors Limited amount to ₹ 56.69 Cr.

  • The most recent Balance Sheet for Indica Conveyors Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing