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Indo Amines Profile
Key Indicators
- Authorised Capital ₹ 50.74 Cr
- Paid Up Capital ₹ 35.35 Cr
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 540.31 Cr
- Satisfied Charges ₹ 182.88 Cr
- Revenue Growth 44.65%
- Profit Growth -24.63%
- Ebitda -6.21%
- Net Worth 13.87%
- Total Assets 21.80%
About Indo Amines
Indo Amines Limited (IAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 December 1992 and has a history of 32 years and two months. Its registered office is in Thane, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524648.
The Company is engaged in the Chemicals And Materials 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 50.74 Cr and a paid-up capital of Rs 35.35 Cr.
The company currently has active open charges totaling ₹540.31 Cr. The company has closed loans amounting to ₹182.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indo Amines Limited India are Vijay Palkar as Ceo, Suniti Thombre as Cfo, Tripti Sharma as Company Secretary, and One other members. Dhawal Vora, Vijay Palkar, Bharati Palkar, and Ten other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1992PLC070022
- Company No.
070022
- Stock Symbol
BSE : 524648
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Dec 1992
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
What products or services does Indo Amines Limited offer?
Indo Amines Limited offers a wide range of products and services, including Soaps, Detergent Powder & Cakes, Detergent Raw Material, Industrial Chemicals & Supplies, Surfactants, Cetyl Trimethyl Ammonium Chloride, Speciality Chemicals, Fertilizers and Soil Additives, Nitrogen Fertilizers, Chemical Reagents & Catalysts, Amine Compounds.
Who are the key members and board of directors at Indo Amines?
Executive Team (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vijay Palkar ![]() | Managing Director | 01-Apr-2008 | Current |
Rahul Palkar ![]() | Managing Director | 19-Feb-1994 | Current |
Suniti Thombre | CFO | Current | |
Tripti Sharma ![]() | Company Secretary | 15-Feb-2016 | Current |
Tripti Sawant | Company Secretary | 15-Feb-2016 | Current |
Board Members (11)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rohan Deshpande ![]() | Director | 25-Feb-2022 | Current |
Ajay Marathe ![]() | Director | 28-Feb-2022 | Current |
Dhawal Vora ![]() | Director | 10-Aug-2023 | Current |
Bharati Palkar ![]() | Whole-Time Director | 01-Jul-1997 | Current |
Pradeep Thakur ![]() | Director | 25-Feb-2022 | Current |
Jayaprakash Shetty ![]() | Whole-Time Director | 25-Sep-2018 | Current |
Financial Performance of Indo Amines.
Indo Amines Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 44.65% increase. The company also saw a substantial fall in profitability, with a 24.63% decrease in profit. The company's net worth Soared by an impressive increase of 13.87%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indo Amines?
In 2023, Indo Amines had a promoter holding of 67.39% and a public holding of 32.62%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Related Corporates (Common Directorship)
- Indo Speciality Chemicals Private Limited
Vijay Palkar, Bharati Palkar and 2 more are mutual person
- Aarti Pharmalabs Limited
Pradeep Thakur is a mutual person
- Palkar Farms Private Limited
Vijay Palkar and Bharati Palkar are mutual person
- Versatile Specialty Chemicals Limited
Vijay Palkar, Bharati Palkar and 1 more are mutual person
- Pious Engineering Private Limited
Vijay Palkar and Bharati Palkar are mutual person
- Palkar Commercials Private Limited
Vijay Palkar and Bharati Palkar are mutual person
Charges (Loans)
₹540.31 Cr
₹182.88 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 223.16 Cr
- Axis Bank Limited : 89.28 Cr
- Citi Bank N.A. : 60.00 Cr
- Idbi Bank Limited : 55.45 Cr
- Yes Bank Limited : 46.92 Cr
- Others : 65.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
17 May 2024 | Others | ₹9.65 M | Open |
11 Mar 2024 | Hdfc Bank Limited | ₹46.50 Cr | Open |
05 Jan 2024 | Others | ₹1.54 M | Open |
16 Sep 2023 | Hdfc Bank Limited | ₹1.80 M | Open |
28 Aug 2023 | Hdfc Bank Limited | ₹10.00 Cr | Open |
How Many Employees Work at Indo Amines?
Indo Amines has a workforce of 558 employees as of Oct 01, 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.
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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Indo Amines, 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 Indo Amines's trajectory.
Rating
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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
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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 Indo Amines
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 46.50 Cr registered on 11 Mar 2024 with Charge ID 100893311 was modified on 21 Jun 2024.
- Director Appointment
Saji Jose was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Jun 2024 & has been associated with this company since 8 months 19 days .
- Charges
A charge with Hdfc Bank Limited of Rs. 66.00 Cr registered on 18 Nov 2019 with Charge ID 100309812 was modified on 11 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.97 Cr with Charge ID 100936835 was registered on 17 May 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.50 Cr with Charge ID 100893311 was registered on 11 Mar 2024.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100850396 was registered on 05 Jan 2024.
Recent News, Updates & Announcement
- Indo Amines posts 58% rise in Q4 profit.
Net sales increased by 48% at Rs 133 crore. .
- Indo Amines Limited Declares a Robust Financial Growth Revenue at Rs. 120.16 Crs; EBITDA Stood at Rs. 16.09 Crs; PAT Reported at Rs. 6.88 Crs.
/PRNewswire/ -- Indo Amines Ltd, one of India's largest independent manufacturers of fine, specialty & performance chemicals, has announced its financial....
- Indo Amines, Core Chemicals, and Key Organics Merge to Boost Revenue and Unlock Value for Shareholders.
Indo Amines merging with Core Chemicals and Key Organics to increase revenue and profit. Shareholders of Core Chemicals will get 50 shares of Indo Amines for every share held. Promoter's shareholding expected to reduce to 70.06%. This will strengthen our position and unlock value for shareholders. One strong entity, organization, and management for long-term value. #MergerGoals #UnlockingValue #StrongerTogether.
Frequently asked questions
What is the Incorporation or founding date of Indo Amines Limited?
Indo Amines Limited was incorporated on 17 Dec 1992.
What is authorized share capital and paid-up capital of Indo Amines Limited?
The authorized share capital of Indo Amines Limited is ₹ 50.74 Cr and paid-up capital is ₹ 35.35 Cr.
Who are the current board members & directors of Indo Amines Limited?
Currently 17 directors are associated with Indo Amines Limited.
- Dhawal Jitendra Vora
- Vijay Bhalchandra Palkar
- Bharati Vijay Palkar
- Rahul Vijay Palkar
- Pradeep Hari Thakur
- Jayaprakash Anand Shetty
- Satish Madhukar Chitale
- Adhikrao Abaji Shingade
- Rohan Rajeev Deshpande
- Ajay Marathe
- Vijay Yeshwant Sane
- Avinash Krishna Aphale
- Saji Jose
- Vijay Bhalchandra Palkar
- Suniti Sagar Thombre
- Tripti Mahesh Sharma
- Tripti Nishant Sawant
What is the registered address of Indo Amines Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indo Amines Limited is W-44 Midc Phase Ii, Dombivli (E) Dist Thane, Maharashtra, India, 421203.
What is the corporate identification number (CIN) and company number of Indo Amines Limited?
The corporate identification number (CIN) of Indo Amines Limited is L99999MH1992PLC070022 and the company number is 070022 as per Ministry of Corporate Affairs (MCA).
Is Indo Amines Limited registered with any stock exchange in India?
Yes, Indo Amines Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Indo Amines Limited?
The Official website of Indo Amines Limited is https://www.indoaminesltd.com
What has been the recent revenue trend for Indo Amines Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Indo Amines Limited has risen by 44.65%.
How many employees does Indo Amines Limited currently have?
As Per 2022 financial reports, 558 employees are currently employed by Indo Amines Limited.
What change has been observed in the net worth of Indo Amines Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Indo Amines Limited has experienced an upsurge of 13.87%.
What are the total open charges for Indo Amines Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Indo Amines Limited amount to ₹ 540.31 Cr.
When was the last Balance Sheet of Indo Amines Limited filed with the ROC?
The most recent Balance Sheet for Indo Amines Limited was filed with the ROC on 31 Mar 2023.
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