Indocean Tools Private Limited

Manufacturer and trader of twinner power tools and carbide saw blades since 1999.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Indocean Tools Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 25 Year, 8 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 eight 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

Machinery and Equipment
Company report

Indocean Tools Private Limited

Explore comprehensive data for Indocean Tools Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Indocean Tools?

Board Members (2)

NameDesignationAppointment DateStatus
Varun Bhukhanwala Country flag representing In Director 28-Oct-2015Current
Nitish Bhukhanwala Country flag representing In Director 20-Oct-1999Current

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%.

Indocean Tools revenue growth over time
Indocean Tools 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
-2.71%
Revenue from Operations
-24.64%
Total Assets
-62.27%
Profit or Loss
-176.89%
Net Worth
-6.21%
EBITDA
-264.71%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹932.00 M

Satisfied Charges

₹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

DateLenderAmountStatus
17 Mar 2008Dbs Bank Limited₹5.40 CrOpen
04 Apr 2002Others₹2.00 CrOpen
24 May 2001Icici Ltd.₹40.70 CrOpen
15 Feb 2001Icici Ltd.₹29.70 CrOpen
12 Feb 2001Icici Ltd.₹5.00 CrOpen

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.

Employee growth trends for Indocean Tools Private Limited

Deals i

Graph showing company valuation over time

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

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 Indocean Tools

Recent activity within the organization

  • Charges

    A charge registered on 03 Nov 2006 via Charge ID 10029950 with Hifin Capital Private Limited was fully satisfied on 25 Jan 2018.

  • Charges

    A charge registered on 03 Nov 2006 via Charge ID 10064005 with Hifin Capital Private Limited was fully satisfied on 25 Jan 2018.

  • Charges

    A charge registered on 19 Sep 2005 via Charge ID 80007280 with Hifin Capital Private Limited was fully satisfied on 25 Jan 2018.

  • Charges

    A charge registered on 02 Sep 2005 via Charge ID 80007281 with Hifin Capital Private Limited was fully satisfied on 25 Jan 2018.

  • Charges

    A charge registered on 24 Mar 2005 via Charge ID 90237688 with Hifin Capital Private Limited was fully satisfied on 25 Jan 2018.

  • Charges

    A charge registered on 21 Mar 2003 via Charge ID 90237543 with Hifin Capital Private Limited was fully satisfied on 25 Jan 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Indocean Tools Private Limited?

    Indocean Tools Private Limited was incorporated on 02 Sep 1999.

  • What is authorized share capital and paid-up capital of Indocean Tools Private Limited?

    The authorized share capital of Indocean Tools Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Indocean Tools Private Limited?

    Currently 2 directors are associated with Indocean Tools Private Limited.

    • Varun Nitish Bhukhanwala
    • Nitish Madhukant Bhukhanwala

  • What is the registered address of Indocean Tools Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Indocean Tools Private Limited is Unit No.B-006 Grd Fl. Boolani Estate Owners Premises Co-Op. Society Ltd. Link Road, Andheri(W) India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Indocean Tools Private Limited?

    The corporate identification number (CIN) of Indocean Tools Private Limited is U29299MH1999PTC121582 and the company number is 121582 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Indocean Tools Private Limited?

    The Official website of Indocean Tools Private Limited is https://www.indoceantools.in

  • What has been the recent revenue trend for Indocean Tools Private Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Indocean Tools Private Limited has fallen by -2.71%.

  • How many employees does Indocean Tools Private Limited currently have?

    As Per 2016 financial reports, 14 employees are currently employed by Indocean Tools Private Limited.

  • What change has been observed in the net worth of Indocean Tools Private Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Indocean Tools Private Limited has experienced an downturn of -6.21%.

  • What are the total open charges for Indocean Tools Private Limited?

    As per the financial statements for fiscal Year 2016, The total open charges for Indocean Tools Private Limited amount to ₹ 93.20 Cr.

  • When was the last Balance Sheet of Indocean Tools Private Limited filed with the ROC?

    The most recent Balance Sheet for Indocean Tools Private Limited was filed with the ROC on 31 Mar 2016.

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