Indigrid 1 Limited

Manages and consults for EPC contracts in power transmission projects.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Indigrid 1 Profile

Key Indicators

  • Authorised Capital ₹ 98.34 Cr
  • Paid Up Capital ₹ 96.17 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20,214.82 Cr
  • Satisfied Charges ₹ 6,104.69 Cr
  • Revenue Growth 581.70%
  • Profit Growth -99.63%
  • Ebitda 35.22%
  • Net Worth 12.04%
  • Total Assets 6.93%

About Indigrid 1

Indigrid 1 Limited (I1L) is a Public Limited Indian Non-Government Company incorporated in India on 11 May 2005 and has a history of 19 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sterlite Grid 2 Limited. The Company is engaged in the Energy And Power 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 98.34 Cr and a paid-up capital of Rs 96.17 Cr.

The company currently has active open charges totaling ₹20,214.82 Cr. The company has closed loans amounting to ₹6,104.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indigrid 1 Limited India is Mohit Vadera as COMPANY SECRETARY. Rahul Asthana, Prabhakar Singh, Satish Talmale, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indigrid.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2005PLC153211

  • Company No.

    153211

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2005

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Indigrid 1?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohit Vadera Country flag representing In Company Secretary19-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Rahul Asthana Country flag representing In Director 24-Jan-2023Current
Prabhakar Singh Country flag representing In Director 07-Jan-2021Current
Satish Talmale Country flag representing In Director 04-Jun-2019Current
Kundan Kishore Country flag representing In Director 01-Jul-2022Current
Giriraj Ajmera Country flag representing In Director 25-Jul-2022Current

Financial Performance of Indigrid 1.

Indigrid 1 Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 581.7% increase. The company also saw a substantial fall in profitability, with a 99.63% decrease in profit. The company's net worth Soared by an impressive increase of 12.04%.

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
581.70%
Revenue from Operations
Total Assets
6.93%
Profit or Loss
-99.63%
Net Worth
12.04%
EBITDA
35.22%

What is the Ownership and Shareholding Structure of Indigrid 1?

In 2023, Indigrid 1 had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20,214.82 Cr

Satisfied Charges

₹6,104.69 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 20214.82 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2019Idbi Trusteeship Services Limited₹20,214.82 CrOpen
27 Nov 2018Others₹3,000.00 CrSatisfied
27 Jun 2017Others₹225.00 CrSatisfied
29 Dec 2016Others₹104.69 CrSatisfied
08 Aug 2016Sbicap Trustee Company Limited₹2,250.00 CrSatisfied

How Many Employees Work at Indigrid 1?

Unlock and access historical data on people associated with Indigrid 1, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indigrid 1, 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 Indigrid 1'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 Indigrid 1

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 20,214.82 Cr registered on 25 Oct 2019 with Charge ID 100299703 was modified on 09 Oct 2024.

    09 Oct 2024

  • Annual General Meeting

    Indigrid 1 Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Indigrid 1 Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Mohit Vadera was appointed as a Company Secretary was appointed as a Company Secretary on 19 Feb 2024 & has been associated with this company since 1 year 5 days .

    19 Feb 2024

  • Director Appointment

    Rahul Durgaprasad Asthana was appointed as a Director was appointed as a Director on 24 Jan 2023 & has been associated with this company since 2 years 1 month .

    24 Jan 2023

  • Director Appointment

    Giriraj Ajmera was appointed as a Director was appointed as a Director on 25 Jul 2022 & has been associated with this company since 2 years 7 months .

    25 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Indigrid 1 Limited was incorporated on 11 May 2005.

  • The authorized share capital of Indigrid 1 Limited is ₹ 98.34 Cr and paid-up capital is ₹ 96.17 Cr.

  • Currently 6 directors are associated with Indigrid 1 Limited.

    • Rahul Durgaprasad Asthana
    • Prabhakar Singh
    • Satish Dnyaneshwar Talmale
    • Kundan Kishore
    • Giriraj Ajmera
    • Mohit Vadera
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indigrid 1 Limited is Unit No 101 First Floor Windsor Village Kolekalyan Off Cst Road Vidyanagari Marg, Santacruz (East) India, Mumbai, Maharashtra, 400098.

  • The corporate identification number (CIN) of Indigrid 1 Limited is U74999MH2005PLC153211 and the company number is 153211 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indigrid 1 Limited is https://www.indigrid.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indigrid 1 Limited has risen by 581.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indigrid 1 Limited has experienced an upsurge of 12.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indigrid 1 Limited amount to ₹ 20,214.82 Cr.

  • The most recent Balance Sheet for Indigrid 1 Limited was filed with the ROC on 31 Mar 2024.

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