Igl Industries Limited

Manufactures and sells gears and related items.

2011 | Aurangabad, Maharashtra (India) | Active
Last Updated: January 31, 2025

Igl Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.94 Cr
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.00 Cr
  • Satisfied Charges ₹ 54.08 Cr
  • Revenue Growth -56.12%
  • Profit Growth 42.85%
  • Ebitda 105.70%
  • Net Worth -283.19%
  • Total Assets 0.35%

About Igl Industries

Igl Industries Limited (IIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 April 2011 and has a history of 13 years and ten months. Its registered office is in Aurangabad, Maharashtra.

The Corporate was formerly known as Indsur Gears Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 4.94 Cr.

The company currently has active open charges totaling ₹16.00 Cr. The company has closed loans amounting to ₹54.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahesh Indani, Ravi Aher, Anirudh Shinde, and One other member serve as directors at the Company.

Company Details

  • Location Aurangabad, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indsur.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253MH2011PLC216318

  • Company No.

    216318

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Igl Industries?

Board Members (4)

Name Designation Appointment Date Status
Mahesh Indani Country flag representing In Director 02-May-2023 Current
Ravi Aher Country flag representing In Director 28-Mar-2023 Current
Anirudh Shinde Country flag representing In Director 28-Mar-2023 Current
Ajay Shinde Director 28-Mar-2023 Current

Financial Performance of Igl Industries.

Igl Industries Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 56.12% decrease. The company also saw a substantial improvement in profitability, with a 42.85% increase in profit. The company's net worth observed a substantial decline by a decrease of 283.19%.

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
-56.12%
Revenue from Operations
-47.97%
Total Assets
0.35%
Profit or Loss
42.85%
Net Worth
-283.19%
EBITDA
105.70%

What is the Ownership and Shareholding Structure of Igl Industries?

In 2023, Igl Industries had a promoter holding of 92.06% and a public holding of 7.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.00 Cr

Satisfied Charges

₹54.08 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.00 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2023 Others ₹16.00 Cr Open
25 Oct 2021 Others ₹1.50 Cr Satisfied
16 Sep 2021 Others ₹3.73 M Satisfied
29 Aug 2020 Others ₹7.45 M Satisfied
30 Nov 2018 Others ₹4.73 Cr Satisfied

How Many Employees Work at Igl Industries?

Igl Industries has a workforce of 54 employees as of Jan 31, 2025. 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 Igl Industries, 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 Igl Industries'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 Igl Industries

Recent activity within the organization

  • Annual General Meeting

    Igl Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Igl Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 16.00 Cr registered on 24 Mar 2023 with Charge ID 100701201 was modified on 02 Aug 2023.

    02 Aug 2023

  • Charges

    A charge registered on 16 Sep 2021 via Charge ID 100489743 with Others was fully satisfied on 04 May 2023.

    04 May 2023

  • Charges

    A charge registered on 29 Aug 2020 via Charge ID 100365702 with Others was fully satisfied on 04 May 2023.

    04 May 2023

  • Charges

    A charge registered on 30 Nov 2018 via Charge ID 100249067 with Others was fully satisfied on 04 May 2023.

    04 May 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Igl Industries Limited was incorporated on 15 Apr 2011.

  • The authorized share capital of Igl Industries Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.94 Cr.

  • Currently 4 directors are associated with Igl Industries Limited.

    • Mahesh Ramniwas Indani
    • Ravi Aher
    • Anirudh Raju Shinde
    • Ajay Ramrao Shinde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Igl Industries Limited is 31 - P Midc Industrial Area Chikalthana, India, Aurangabad, Maharashtra, 431210.

  • The corporate identification number (CIN) of Igl Industries Limited is U29253MH2011PLC216318 and the company number is 216318 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Igl Industries Limited is https://www.indsur.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Igl Industries Limited has fallen by -56.12%.

  • As Per 2024 financial reports, 54 employees are currently employed by Igl Industries Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Igl Industries Limited has experienced an downturn of -283.19%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Igl Industries Limited amount to ₹ 16.00 Cr.

  • The most recent Balance Sheet for Igl Industries Limited was filed with the ROC on 31 Mar 2024.

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