Indo Farm Equipment Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 39.45 Cr
- Company Age 30 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 391.36 Cr
- Satisfied Charges ₹ 305.47 Cr
- Revenue Growth 5.07%
- Profit Growth 27.06%
- Ebitda 13.99%
- Net Worth 4.67%
- Total Assets -1.15%
About Indo Farm Equipment
Indo Farm Equipment Limited (IFEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 October 1994 and has a history of 30 years and four months. Its registered office is in Chandigarh, Chandigarh, India.
The Corporate was formerly known as Indofarm Tractors And Motors Limited. The Company is engaged in the Agriculture 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 50.00 Cr and a paid-up capital of Rs 39.45 Cr.
The company currently has active open charges totaling ₹391.36 Cr. The company has closed loans amounting to ₹305.47 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indo Farm Equipment Limited India are Navpreet Kaur as COMPANY SECRETARY and Varun Sharma as Cfo. Ranbir Khadwalia, Anshul Khadwalia, Arshdeep Kaur, and Three other members serve as directors at the Company.
Company Details
- Location
Chandigarh, Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29219CH1994PLC015132
- Company No.
015132
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Oct 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Agriculture
What products or services does Indo Farm Equipment Limited offer?
Indo Farm Equipment Limited offers a wide range of products and services, including Hydraulic Crane, Indo Power Hydraulic Crane, Tractor, Indo Farm Tractor, Cranes, Forklift & Lifting Machines, TAFE Tractor, Harvester, Track Combine Harvester.
Who are the key members and board of directors at Indo Farm Equipment?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navpreet Kaur  | Company Secretary | 03-Dec-2018 | Current |
| Ranbir Khadwalia | Managing Director | 01-Jul-2003 | Current |
| Varun Sharma | CFO | 11-Sep-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anshul Khadwalia | Whole-Time Director | 31-May-2014 | Current |
| Arshdeep Kaur | Director | 15-Jun-2022 | Current |
| Brij Mahindroo | Director | 14-Aug-2023 | Current |
| Babita Dosajh | Director | 12-Sep-2023 | Current |
| Kadappa Chinagundi | Whole-Time Director | 31-Jan-2024 | Current |
Financial Performance of Indo Farm Equipment.
Indo Farm Equipment Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.07% increase. The company also saw a substantial improvement in profitability, with a 27.06% increase in profit. The company's net worth moved up by a moderate rise of 4.67%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indo Farm Equipment?
In 2023, Indo Farm Equipment had a promoter holding of 82.49% and a public holding of 17.51%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indo Farm Industries LimitedRanbir Khadwalia is a mutual person
Jai Parvati Forge LimitedArshdeep Kaur is a mutual person
Barota Finance LimitedRanbir Khadwalia, Anshul Khadwalia and 1 more are mutual person
Syschem (India) LimitedArshdeep Kaur is a mutual person
Spray Engineering Devices LimitedArshdeep Kaur is a mutual person
K & A Developers & Infrastructures LlpRanbir Khadwalia is a mutual person
Charges (Loans)
Open Charges
₹391.36 Cr
Satisfied Charges
₹305.47 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 319.01 Cr
- Others : 68.35 Cr
- Hdfc Bank Limited : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2024 | Hdfc Bank Limited | ₹1.30 Cr | Open |
| 21 Oct 2023 | Hdfc Bank Limited | ₹2.49 M | Open |
| 01 Feb 2023 | Others | ₹50.00 Cr | Open |
| 12 Oct 2022 | Canara Bank | ₹2.20 M | Open |
| 23 Mar 2022 | Hdfc Bank Limited | ₹1.59 Cr | Open |
How Many Employees Work at Indo Farm Equipment?
Unlock and access historical data on people associated with Indo Farm Equipment, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indo Farm Equipment, 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 Farm Equipment's trajectory.
Rating
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
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 Farm Equipment
Recent activity within the organization
- Charges
A charge registered on 25 Sep 2018 via Charge ID 100210908 with Canara Bank was fully satisfied on 25 Feb 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100886609 was registered on 31 Jan 2024.
- Director Appointment
Kadappa Adiveppa Chinagundi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 31 Jan 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge registered on 27 Jun 2018 via Charge ID 100191196 with Canara Bank was fully satisfied on 27 Jan 2024.
- Charges
A charge registered on 02 Dec 2021 via Charge ID 100520561 with Others was fully satisfied on 15 Dec 2023.
- Charges
A charge registered on 26 Aug 2021 via Charge ID 100484229 with Others was fully satisfied on 15 Nov 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Indo Farm Equipment Limited?
Indo Farm Equipment Limited was incorporated on 05 Oct 1994.
What is authorized share capital and paid-up capital of Indo Farm Equipment Limited?
The authorized share capital of Indo Farm Equipment Limited is ₹ 50.00 Cr and paid-up capital is ₹ 39.45 Cr.
Who are the current board members & directors of Indo Farm Equipment Limited?
Currently 8 directors are associated with Indo Farm Equipment Limited.
- Ranbir Singh Khadwalia
- Anshul Khadwalia
- Arshdeep Kaur
- Brij Kishore Mahindroo
- Babita Dosajh
- Kadappa Adiveppa Chinagundi
- Navpreet Kaur
- Varun Sharma
What is the registered address of Indo Farm Equipment Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indo Farm Equipment Limited is Sco 859Nac Kalka Road Manimajra, Chandigarh, India, 160101.
What is the corporate identification number (CIN) and company number of Indo Farm Equipment Limited?
The corporate identification number (CIN) of Indo Farm Equipment Limited is U29219CH1994PLC015132 and the company number is 015132 as per Ministry of Corporate Affairs (MCA).
What is the official website of Indo Farm Equipment Limited?
The Official website of Indo Farm Equipment Limited is https://www.indofarm.in
What has been the recent revenue trend for Indo Farm Equipment Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Indo Farm Equipment Limited has risen by 5.07%.
What change has been observed in the net worth of Indo Farm Equipment Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Indo Farm Equipment Limited has experienced an upsurge of 4.67%.
What are the total open charges for Indo Farm Equipment Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Indo Farm Equipment Limited amount to ₹ 391.36 Cr.
When was the last Balance Sheet of Indo Farm Equipment Limited filed with the ROC?
The most recent Balance Sheet for Indo Farm Equipment Limited was filed with the ROC on 31 Mar 2023.
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