Indo-Air Compressors Private Limited

Manufactures compressor parts for various industries, including oil-free and water-cooled compressors.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Indo-Air Compressors Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.50 M
  • Satisfied Charges ₹ 9.75 Cr
  • Revenue Growth 9.75%
  • Profit Growth 5.34%
  • Ebitda -17.81%
  • Net Worth 26.77%
  • Total Assets 22.39%

About Indo-Air Compressors

Indo-Air Compressors Private Limited (ICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 1999 and has a history of 25 years and seven months. Its registered office is in Ahmedabad, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹0.50 M. The company has closed loans amounting to ₹9.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kuntan Panchal, Mansee Panchal, Saraswati Panchal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309GJ1999PTC036111

  • Company No.

    036111

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Indo-Air Compressors Private Limited offer?

Indo-Air Compressors Private Limited offers a wide range of products and services, including Separators, Strainers & Purifiers, Separator Equipments, Air Compressors, Accessories & Parts, Air Compressor Filter, Oil Free Air Compressor, Compressor Spares, Reciprocating Compressors, Compressor Spare Parts & Consumables, Air Compressors.

Who are the key members and board of directors at Indo-Air Compressors?

Executive Team (2)

Name Designation Appointment Date Status
Kuntan Panchal Country flag representing In Managing Director 15-Jul-2011 Current
Chandulal Panchal Country flag representing In Managing Director 09-Jun-1999 Current

Board Members (2)

Name Designation Appointment Date Status
Mansee Panchal Country flag representing In Director 27-Dec-2014 Current
Saraswati Panchal Country flag representing In Additional Director 30-May-2024 Current

Financial Performance of Indo-Air Compressors.

Indo-Air Compressors Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.75% increase. The company also saw a slight improvement in profitability, with a 5.34% increase in profit. The company's net worth Soared by an impressive increase of 26.77%.

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
9.75%
Revenue from Operations
7.53%
Total Assets
22.39%
Profit or Loss
5.34%
Net Worth
26.77%
EBITDA
-17.81%

What is the Ownership and Shareholding Structure of Indo-Air Compressors?

In 2023, Indo-Air Compressors 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

₹0.50 M

Satisfied Charges

₹97.50 M

Charges Breakdown by Lending Institutions

  • Others : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
14 Aug 2023 Others ₹0.50 M Open
21 Aug 2018 Sidbi ₹2.25 Cr Satisfied
01 Mar 2017 Sidbi ₹5.00 M Satisfied
29 Sep 2014 Small Industries Development Bank Of India ₹1.00 Cr Satisfied
06 Dec 2008 Small Industries Development Bank Of India ₹3.00 Cr Satisfied

How Many Employees Work at Indo-Air Compressors?

Unlock and access historical data on people associated with Indo-Air Compressors, 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 Indo-Air Compressors, 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-Air Compressors'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-Air Compressors

Recent activity within the organization

  • Annual General Meeting

    Indo-Air Compressors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Saraswati Chandulal Panchal was appointed as a Additional Director was appointed as a Additional Director on 30 May 2024 & has been associated with this company since 8 months 6 days .

    30 May 2024

  • Balance Sheet

    Indo-Air Compressors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.50 M with Charge ID 100776190 was registered on 14 Aug 2023.

    14 Aug 2023

  • Charges

    A charge registered on 21 Aug 2018 via Charge ID 100197621 with Sidbi was fully satisfied on 09 Jun 2021.

    09 Jun 2021

  • Charges

    A charge with Sidbi of Rs. 22.50 M registered on 21 Aug 2018 with Charge ID 100197621 was modified on 23 Aug 2018.

    23 Aug 2018

Frequently asked questions

  • Indo-Air Compressors Private Limited was incorporated on 09 Jun 1999.

  • The authorized share capital of Indo-Air Compressors Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 4 directors are associated with Indo-Air Compressors Private Limited.

    • Kuntan Chandulal Panchal
    • Mansee Kuntan Panchal
    • Saraswati Chandulal Panchal
    • Chandulal Manilal Panchal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indo-Air Compressors Private Limited is Plot No.550 Main Roadm Kathwada Gidc Estate India, Ahmedabad, Gujarat, 382430.

  • The corporate identification number (CIN) of Indo-Air Compressors Private Limited is U29309GJ1999PTC036111 and the company number is 036111 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indo-Air Compressors Private Limited is https://www.indoair.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indo-Air Compressors Private Limited has risen by 9.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indo-Air Compressors Private Limited has experienced an upsurge of 26.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indo-Air Compressors Private Limited amount to ₹ 0.50 M.

  • The most recent Balance Sheet for Indo-Air Compressors Private Limited was filed with the ROC on 31 Mar 2024.

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