Indore Gel Private Limited

Produces and sells various types of GEL products for cables, including specialty gels and OPGW gel.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Indore Gel Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.10 Cr
  • Satisfied Charges ₹ 7.80 Cr
  • Revenue Growth 31.62%
  • Profit Growth 85.08%
  • Ebitda 40.88%
  • Net Worth 24.72%
  • Total Assets -11.63%

About Indore Gel

Indore Gel Private Limited (IGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 April 2009 and has a history of 15 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 4.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹20.10 Cr. The company has closed loans amounting to ₹7.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saral Bhanshali, Mukesh Sanghvi, William Morris, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indore.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH2009PTC191930

  • Company No.

    191930

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 2009

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Indore Gel?

Board Members (4)

NameDesignationAppointment DateStatus
Mukesh Sanghvi Country flag representing In Director 22-Apr-2009Current
William Morris Country flag representing Ca Director 04-Nov-2010Current
Saral Bhanshali Country flag representing In Director 25-Feb-2010Current
Quint Barefoot Country flag representing Us Director 04-Nov-2010Current

Financial Performance of Indore Gel.

Indore Gel Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.62% increase. The company also saw a substantial improvement in profitability, with a 85.08% increase in profit. The company's net worth Soared by an impressive increase of 24.72%.

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
31.62%
Revenue from Operations
31.52%
Total Assets
-11.63%
Profit or Loss
85.08%
Net Worth
24.72%
EBITDA
40.88%

What is the Ownership and Shareholding Structure of Indore Gel?

In 2023, Indore Gel 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

₹20.10 Cr

Satisfied Charges

₹7.80 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.10 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2019Hdfc Bank Limited₹9.50 CrOpen
29 Oct 2015Hdfc Bank Limited₹10.60 CrOpen
23 Dec 2010Axis Bank Limited₹7.80 CrSatisfied

How Many Employees Work at Indore Gel?

Indore Gel has a workforce of 18 employees as of Apr 06, 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 Indore Gel, 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 Indore Gel'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 Indore Gel

Recent activity within the organization

  • Annual General Meeting

    Indore Gel Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Indore Gel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.50 Cr with Charge ID 100309698 was registered on 27 Nov 2019.

    27 Nov 2019

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.60 Cr registered on 29 Oct 2015 with Charge ID 10601190 was modified on 27 Feb 2017.

    27 Feb 2017

  • Charges

    A charge registered on 23 Dec 2010 via Charge ID 10261813 with Axis Bank Limited was fully satisfied on 27 Nov 2015.

    27 Nov 2015

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.60 Cr with Charge ID 10601190 was registered on 29 Oct 2015.

    29 Oct 2015

Frequently asked questions

  • Indore Gel Private Limited was incorporated on 22 Apr 2009.

  • The authorized share capital of Indore Gel Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 4 directors are associated with Indore Gel Private Limited.

    • Saral Vallabh Bhanshali
    • Mukesh Jethmal Sanghvi
    • William Otter Morris
    • Quint Mc Donald Barefoot
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indore Gel Private Limited is 807 Floor 8 Marathon Icon Opp Ganpatrao Kadam Marg Opp Peninsula Corporate Park Lower Parel (W), India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Indore Gel Private Limited is U24100MH2009PTC191930 and the company number is 191930 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indore Gel Private Limited is https://www.indore.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indore Gel Private Limited has risen by 31.62%.

  • As Per 2023 financial reports, 18 employees are currently employed by Indore Gel Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indore Gel Private Limited has experienced an upsurge of 24.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indore Gel Private Limited amount to ₹ 20.10 Cr.

  • The most recent Balance Sheet for Indore Gel Private Limited was filed with the ROC on 31 Mar 2023.

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