Indocool Composites Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.50 Cr
- Company Age 11 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 48.84 Cr
- Satisfied Charges ₹ 6.53 Cr
- Revenue Growth 1.21%
- Profit Growth 72.77%
- Ebitda 48.31%
- Net Worth 49.99%
- Total Assets 24.09%
About Indocool Composites
Indocool Composites Private Limited (ICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2013 and has a history of 11 years and ten months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Indo Cool Composites 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹48.84 Cr. The company has closed loans amounting to ₹6.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Kanchipuram, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29296TN2013PTC090061
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Company No.
090061
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Mar 2013
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Indocool Composites Private Limited offer?
Indocool Composites Private Limited offers a wide range of products and services, including Sewerage and Drainage Products, Manhole Chambers And Covers, Cooling Tower, Heat Exchanger, Parts, Cooling Tower Parts, Storage Tanks, Drums & Containers, FRP Tank, Solar & Renewable Energy Products, Wind Mill Components, Manufacturing & Assembling Services, Machining Job Work.
Who are the key members and board of directors at Indocool Composites?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subbiah Ramachandran
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Director | 15-Mar-2013 | Current |
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Subbaiyan Dhinakaran
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Director | 15-Mar-2013 | Current |
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Ramachandran Thamizhiniyan
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Additional Director | 11-Jul-2022 | Current |
Financial Performance of Indocool Composites.
Indocool Composites Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.21% increase. The company also saw a substantial improvement in profitability, with a 72.77% increase in profit. The company's net worth Soared by an impressive increase of 49.99%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Indocool Composites?
In 2023, Indocool Composites had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Indocool Metals Private LimitedSubbiah Ramachandran and Ramachandran Thamizhiniyan are mutual person
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Oviyam Fair Value Properties Private LimitedSubbiah Ramachandran and Ramachandran Thamizhiniyan are mutual person
Charges (Loans)
₹48.84 Cr
₹6.53 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 30.26 Cr
- Axis Bank Limited : 15.50 Cr
- Hdfc Bank Limited : 3.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2023 | Hdfc Bank Limited | ₹2.01 M | Open |
| 11 Nov 2022 | Hdfc Bank Limited | ₹2.88 Cr | Open |
| 24 Sep 2019 | Axis Bank Limited | ₹15.50 Cr | Open |
| 29 May 2015 | Idbi Bank Limited | ₹30.26 Cr | Open |
| 11 Nov 2014 | Canara Bank | ₹0.75 M | Satisfied |
How Many Employees Work at Indocool Composites?
Indocool Composites has a workforce of 580 employees as of Mar 22, 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 Indocool Composites, 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 Indocool Composites'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.