Indo Rama Synthetics (India) Limited

Manufactures polyester products and generates power with global operations.

1986 | Nagpur, Maharashtra (India) | Active
Last Updated: January 11, 2025

Indo Rama Synthetics (India) Profile

Key Indicators

  • Authorised Capital ₹ 275.00 Cr
  • Paid Up Capital ₹ 261.11 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,802.60 Cr
  • Satisfied Charges ₹ 4,106.79 Cr
  • Revenue Growth 91.20%
  • Profit Growth 137.80%
  • Ebitda 226.80%
  • Net Worth 79.89%
  • Total Assets 21.18%

About Indo Rama Synthetics (India)

Indo Rama Synthetics (India) Limited (IRSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 April 1986 and has a history of 38 years and nine months. Its registered office is in Nagpur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500207 and on the National Stock Exchange(NSE) under INDORAMA.

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 275.00 Cr and a paid-up capital of Rs 261.11 Cr.

The company currently has active open charges totaling ₹1,802.60 Cr. The company has closed loans amounting to ₹4,106.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indo Rama Synthetics (India) Limited India are Mr Agrawal as CFO and Manish Rai as Company Secretary. Dharmpal Agarwal, Vishal Lohia, Om Lohia, and Five other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17124MH1986PLC166615

  • Company No.

    166615

  • Stock Symbol

    BSE : 500207 NSE : INDORAMA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 1986

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power
Manufacturing

What products or services does Indo Rama Synthetics (India) Limited offer?

Indo Rama Synthetics (India) Limited offers a wide range of products and services, including Boilers & Boiler Parts, Steam Boilers, Fibers, Polyester Staple Fibre, Polyester Yarn, Draw Textured Yarn, Yarns & Threads, Yarn, Polyester Filament Yarn, Urea.

Who are the key members and board of directors at Indo Rama Synthetics (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Om Lohia Country flag representing In Managing Director28-Apr-1986Current
Mr Agrawal Country flag representing In CFO16-Apr-2019Current
Manish Rai Country flag representing In Company Secretary09-Nov-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Sanjay Thapliyal Country flag representing In Whole-Time Director 25-Sep-2024Current
Dhanendra Kumar Country flag representing In Director 14-Feb-2020Current
Dharmpal Agarwal Country flag representing In Director 25-Nov-2021Current
Vishal Lohia Country flag representing In Whole-Time Director 16-Apr-2002Current
Ravi Capoor Country flag representing In Director 29-Jun-2024Current
Ranjana Agarwal Country flag representing In Director 18-May-2015Current

Financial Performance of Indo Rama Synthetics (India).

Indo Rama Synthetics (India) Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 91.2% increase. The company also saw a substantial improvement in profitability, with a 137.8% increase in profit. The company's net worth Soared by an impressive increase of 79.89%.

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
91.20%
Revenue from Operations
92.86%
Total Assets
21.18%
Profit or Loss
137.80%
Net Worth
79.89%
EBITDA
226.80%

What is the Ownership and Shareholding Structure of Indo Rama Synthetics (India)?

In 2022, Indo Rama Synthetics (India) had a promoter holding of 75.00% and a public holding of 24.99%. 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

₹1,802.60 Cr

Satisfied Charges

₹4,106.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 900.00 Cr
  • Standard Chartered Bank : 602.60 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 300.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2024Standard Chartered Bank₹182.60 CrOpen
19 Jul 2023Others₹250.00 CrOpen
16 Nov 2022Others₹200.00 CrOpen
12 Mar 2021The Hongkong And Shanghai Banking Corporation Limited₹300.00 CrOpen
15 Jan 2021Others₹150.00 CrOpen

How Many Employees Work at Indo Rama Synthetics (India)?

Indo Rama Synthetics (India) has a workforce of 1432 employees as of Apr 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indo Rama Synthetics (India), 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 Rama Synthetics (India)'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 Indo Rama Synthetics (India)

Recent activity within the organization

  • Annual General Meeting

    Indo Rama Synthetics (India) Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Director Appointment

    Sanjay Thapliyal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Sep 2024 & has been associated with this company since 4 months 7 days .

    25 Sep 2024

  • Charges

    A charge with Others of Rs. 300.00 Cr registered on 10 Jun 2020 with Charge ID 100342979 was modified on 17 Jul 2024.

    17 Jul 2024

  • Director Appointment

    Ravi Capoor was appointed as a Director was appointed as a Director on 29 Jun 2024 & has been associated with this company since 7 months 3 days .

    29 Jun 2024

  • Charges

    A charge with Standard Chartered Bank of Rs. 182.60 Cr registered on 24 May 2024 with Charge ID 100928381 was modified on 17 Jun 2024.

    17 Jun 2024

  • Charges

    A charge with Standard Chartered Bank of Rs. 420.00 Cr registered on 21 May 2019 with Charge ID 100267955 was modified on 17 Jun 2024.

    17 Jun 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Indo Rama Synthetics (India) Limited was incorporated on 28 Apr 1986.

  • The authorized share capital of Indo Rama Synthetics (India) Limited is ₹ 275.00 Cr and paid-up capital is ₹ 261.11 Cr.

  • Currently 10 directors are associated with Indo Rama Synthetics (India) Limited.

    • Dharmpal Agarwal
    • Vishal Lohia
    • Om Prakash Lohia
    • Ravi Capoor
    • Ranjana Agarwal
    • Dilip Kumar Agarwal
    • Dhanendra Kumar
    • Sanjay Thapliyal
    • Mr Umesh Kumar Agrawal
    • Manish Kumar Rai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indo Rama Synthetics (India) Limited is 31-A Midc Industrial Area, India, Butibori, Maharashtra, 441122.

  • The corporate identification number (CIN) of Indo Rama Synthetics (India) Limited is L17124MH1986PLC166615 and the company number is 166615 as per Ministry of Corporate Affairs (MCA).

  • Yes, Indo Rama Synthetics (India) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): INDORAMA.

  • The Official website of Indo Rama Synthetics (India) Limited is https://www.indoramaindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Indo Rama Synthetics (India) Limited has risen by 91.20%.

  • As Per 2022 financial reports, 1432 employees are currently employed by Indo Rama Synthetics (India) Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Indo Rama Synthetics (India) Limited has experienced an upsurge of 79.89%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Indo Rama Synthetics (India) Limited amount to ₹ 1,802.60 Cr.

  • The most recent Balance Sheet for Indo Rama Synthetics (India) Limited was filed with the ROC on 31 Mar 2024.

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