Indorigin Electric Limited
Manufactures and trades machinery, electronic equipment, and parts.
1961 | Na, Maharashtra (India) | Active
Indorigin Electric Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.45 M
- Company Age 64 Year, 12 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 120.37 Cr
- Satisfied Charges ₹ 60.25 Cr
- Revenue Growth 511.59%
- Profit Growth 242538.68%
- Ebitda 213.42%
- Net Worth 225.70%
- Total Assets -15.23%
About Indorigin Electric
Indorigin Electric Limited (IEL) was founded in India on 18 March 1961 and has a glorious history of 64 years . Its registered office is in Na, Maharashtra, India.
The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 1.45 M.
The company currently has active open charges totaling ₹120.37 Cr. The company has closed loans amounting to ₹60.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sharad Bal, Pallavi Bal, and Vrinda Bal serve as directors at the Company.
Company Details
- Location
Na, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31100MH1961PLC011953
- Company No.
011953
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Mar 1961
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Indorigin Electric?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharad Bal  | Director | 18-Feb-2003 | Current |
| Pallavi Bal | Director | 18-Feb-2003 | Current |
| Vrinda Bal | Director | 18-Feb-2003 | Current |
Financial Performance of Indorigin Electric.
Indorigin Electric Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 511.59% increase. The company also saw a substantial improvement in profitability, with a 242538.68% increase in profit. The company's net worth Soared by an impressive increase of 225.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indorigin Electric?
In 2023, Indorigin Electric 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)
Shree Bal Properties And Finance Private LimitedSharad Bal and Vrinda Bal are mutual person
Shree Bal Estate Private LimitedSharad Bal and Vrinda Bal are mutual person
Shree Bal Constructions Private LimitedSharad Bal and Vrinda Bal are mutual person
S B Estate Private LimitedSharad Bal and Vrinda Bal are mutual person
Monroe Impex Pvt LtdSharad Bal and Vrinda Bal are mutual person
Automatic Electric LimitedSharad Bal, Pallavi Bal and 1 more are mutual person
Charges (Loans)
Open Charges
₹1,203.70 M
Satisfied Charges
₹602.50 M
Charges Breakdown by Lending Institutions
- Others : 111.82 Cr
- The Shamrao Vithal Co-Op. Bank Ltd. : 8.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2021 | Others | ₹3.00 Cr | Open |
| 30 Oct 2021 | Others | ₹1.57 Cr | Open |
| 30 Jan 2020 | Others | ₹2.55 Cr | Open |
| 30 Jan 2020 | Others | ₹2.55 Cr | Open |
| 01 Feb 2019 | Others | ₹2.15 Cr | Open |
How Many Employees Work at Indorigin Electric?
Indorigin Electric has a workforce of 8 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indorigin Electric, 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 Indorigin Electric'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.
Latest Updates, News, and FAQs on Indorigin Electric
Recent activity within the organization
- Annual General Meeting
Indorigin Electric Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 31 Dec 2014 via Charge ID 10545501 with Janata Shakari Bank Ltd. Pune was fully satisfied on 06 Jun 2023.
- Charges
A charge registered on 31 Dec 2014 via Charge ID 10545503 with Janata Shakari Bank Ltd. Pune was fully satisfied on 06 Jun 2023.
- Charges
A charge registered on 29 Jul 2013 via Charge ID 10448197 with The Janata Sahakari Bank Limited was fully satisfied on 06 Jun 2023.
- Charges
A charge registered on 30 Apr 2013 via Charge ID 10428414 with The Janata Sahakari Bank Limited Pune was fully satisfied on 06 Jun 2023.
- Charges
A charge registered on 27 Dec 2012 via Charge ID 10398090 with The Janata Sahakari Bank Limited Pune was fully satisfied on 06 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Indorigin Electric Limited?
Indorigin Electric Limited was incorporated on 18 Mar 1961.
What is authorized share capital and paid-up capital of Indorigin Electric Limited?
The authorized share capital of Indorigin Electric Limited is ₹ 2.50 M and paid-up capital is ₹ 1.45 M.
Who are the current board members & directors of Indorigin Electric Limited?
Currently 3 directors are associated with Indorigin Electric Limited.
- Sharad Dattatraya Bal
- Pallavi Sharad Bal
- Vrinda Sharad Bal
What is the registered address of Indorigin Electric Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indorigin Electric Limited is Rectifier House 570 Naigaumcross Road (East) Wadala Bombay-400 031, Maharashtra, India.
What is the corporate identification number (CIN) and company number of Indorigin Electric Limited?
The corporate identification number (CIN) of Indorigin Electric Limited is U31100MH1961PLC011953 and the company number is 011953 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Indorigin Electric Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Indorigin Electric Limited has risen by 511.59%.
How many employees does Indorigin Electric Limited currently have?
As Per 2023 financial reports, 8 employees are currently employed by Indorigin Electric Limited.
What change has been observed in the net worth of Indorigin Electric Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Indorigin Electric Limited has experienced an upsurge of 225.70%.
What are the total open charges for Indorigin Electric Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Indorigin Electric Limited amount to ₹ 120.37 Cr.
When was the last Balance Sheet of Indorigin Electric Limited filed with the ROC?
The most recent Balance Sheet for Indorigin Electric Limited was filed with the ROC on 31 Mar 2023.