Indocean Tools Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 25 Year, 5 Months
- Last Filing with ROC 31 Mar 2016
- Open Charges ₹ 93.20 Cr
- Satisfied Charges ₹ 195.77 Cr
- Revenue Growth -2.71%
- Profit Growth -176.89%
- Ebitda -264.71%
- Net Worth -6.21%
- Total Assets -62.27%
About Indocean Tools
Indocean Tools Private Limited (ITPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 September 1999 and has a history of 25 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Bhukhanvala Tools Private Limited. 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 2016. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹93.20 Cr. The company has closed loans amounting to ₹195.77 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varun Bhukhanwala and Nitish Bhukhanwala serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29299MH1999PTC121582
- Company No.
121582
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Sep 1999
- Date of AGM
15 Apr 2017
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Indocean Tools?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Bhukhanwala  | Director | 28-Oct-2015 | Current |
| Nitish Bhukhanwala | Director | 20-Oct-1999 | Current |
Financial Performance of Indocean Tools.
Indocean Tools Private Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 2.71% decrease. The company also saw a substantial fall in profitability, with a 176.89% decrease in profit. The company's net worth dipped by a decrease of 6.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indocean Tools?
In 2016, Indocean Tools 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.
Related Corporates (Common Directorship)
Hifin Trading Co LlpVarun Bhukhanwala is a mutual person
- Planet Paper And Pulp Products Private Limited
Nitish Bhukhanwala is a mutual person
Charges (Loans)
₹932.00 M
₹1,957.73 M
Charges Breakdown by Lending Institutions
- Icici Ltd. : 75.40 Cr
- Icici Bank Ltd. : 7.00 Cr
- Dbs Bank Limited : 5.40 Cr
- Dena Bank : 3.40 Cr
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2008 | Dbs Bank Limited | ₹5.40 Cr | Open |
| 04 Apr 2002 | Others | ₹2.00 Cr | Open |
| 24 May 2001 | Icici Ltd. | ₹40.70 Cr | Open |
| 15 Feb 2001 | Icici Ltd. | ₹29.70 Cr | Open |
| 12 Feb 2001 | Icici Ltd. | ₹5.00 Cr | Open |
How Many Employees Work at Indocean Tools?
Indocean Tools has a workforce of 14 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indocean Tools, 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 Indocean Tools'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.
