Induction Equipments(India)Pvt Ltd

Specializes in production, sales, and after-sales services for induction heating equipment.

1987 | Pune, Maharashtra (India) | Active
Last Updated:

Induction Equipments(India)Pvt Profile

Key Indicators

  • Authorised Capital ₹ 20.80 Cr
  • Paid Up Capital ₹ 5.43 M
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 4.06 Cr
  • Revenue Growth 26.75%
  • Profit Growth 115.69%
  • Ebitda 412.88%
  • Net Worth 34.18%
  • Total Assets 7.71%

About Induction Equipments(India)Pvt

Induction Equipments(India)Pvt Ltd (IEL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 March 1987 and has a history of 37 years and 11 months. Its registered office is in Pune, Maharashtra, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 20.80 Cr and a paid-up capital of Rs 5.43 M.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹4.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thomas Illencik, Patrick Fogarty, and Sanjay Deshpande serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909PN1987PTC042878

  • Company No.

    042878

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Induction Equipments(India)Pvt Ltd offer?

Induction Equipments(India)Pvt Ltd offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Industrial Heaters, Metal & Metal Made Products, Metal Ingots, Induction Heater, Heating Components & Spares, Heating Equipment, Electrical & Electronic Test Devices, Signal Generator, Induction Hardening Machine.

Who are the key members and board of directors at Induction Equipments(India)Pvt?

Board Members (3)

NameDesignationAppointment DateStatus
Sanjay Deshpande Country flag representing In Director 28-Oct-2015Current
Thomas Illencik Country flag representing Us Director 28-Oct-2015Current
Patrick Fogarty Country flag representing Us Director 28-Oct-2015Current

Financial Performance of Induction Equipments(India)Pvt.

Induction Equipments(India)Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 26.75% increase. The company also saw a substantial improvement in profitability, with a 115.69% increase in profit. The company's net worth Soared by an impressive increase of 34.18%.

Induction Equipments(India)Pvt revenue growth over time
Induction Equipments(India)Pvt 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
26.75%
Revenue from Operations
28.48%
Total Assets
7.71%
Profit or Loss
115.69%
Net Worth
34.18%
EBITDA
412.88%

What is the Ownership and Shareholding Structure of Induction Equipments(India)Pvt?

In 2023, Induction Equipments(India)Pvt 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

₹4.00 Cr

Satisfied Charges

₹4.06 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Apr 2011Hdfc Bank Limited₹4.00 CrOpen
17 Apr 2006Oriental Bank Of Commerce₹0.75 MSatisfied
07 Feb 2006Oriental Bank Of Commerce₹2.60 CrSatisfied
03 Nov 1995The Cosmos Coperative Bank Ltd.₹9.00 MSatisfied
22 Aug 1990The British Bank Of The Middle East₹4.00 MSatisfied

How Many Employees Work at Induction Equipments(India)Pvt?

Unlock and access historical data on people associated with Induction Equipments(India)Pvt, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Induction Equipments(India)Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Induction Equipments(India)Pvt, 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 Induction Equipments(India)Pvt'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 Induction Equipments(India)Pvt

Recent activity within the organization

  • Annual General Meeting

    Induction Equipments(India)Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Induction Equipments(India)Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Director Appointment

    Thomas Martin Illencik was appointed as a Director was appointed as a Director on 28 Oct 2015 & has been associated with this company since 9 years 4 months .

  • Director Appointment

    Patrick William Fogarty was appointed as a Director was appointed as a Director on 28 Oct 2015 & has been associated with this company since 9 years 4 months .

  • Director Appointment

    Sanjay Venkatesh Deshpande was appointed as a Director was appointed as a Director on 28 Oct 2015 & has been associated with this company since 9 years 4 months .

  • Charges

    A charge registered on 22 Aug 1990 via Charge ID 90083684 with The British Bank Of The Middle East was fully satisfied on 06 Sep 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Induction Equipments(India)Pvt Ltd?

    Induction Equipments(India)Pvt Ltd was incorporated on 13 Mar 1987.

  • What is authorized share capital and paid-up capital of Induction Equipments(India)Pvt Ltd?

    The authorized share capital of Induction Equipments(India)Pvt Ltd is ₹ 20.80 Cr and paid-up capital is ₹ 5.43 M.

  • Who are the current board members & directors of Induction Equipments(India)Pvt Ltd?

    Currently 3 directors are associated with Induction Equipments(India)Pvt Ltd.

    • Thomas Martin Illencik
    • Patrick William Fogarty
    • Sanjay Venkatesh Deshpande

  • What is the registered address of Induction Equipments(India)Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Induction Equipments(India)Pvt Ltd is T 117 Bhosariindustrial Estate India, Pune, Maharashtra, 411026.

  • What is the corporate identification number (CIN) and company number of Induction Equipments(India)Pvt Ltd?

    The corporate identification number (CIN) of Induction Equipments(India)Pvt Ltd is U31909PN1987PTC042878 and the company number is 042878 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Induction Equipments(India)Pvt Ltd?

    The Official website of Induction Equipments(India)Pvt Ltd is https://www.inductionindia.com

  • What has been the recent revenue trend for Induction Equipments(India)Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Induction Equipments(India)Pvt Ltd has risen by 26.75%.

  • What change has been observed in the net worth of Induction Equipments(India)Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Induction Equipments(India)Pvt Ltd has experienced an upsurge of 34.18%.

  • What are the total open charges for Induction Equipments(India)Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Induction Equipments(India)Pvt Ltd amount to ₹ 4.00 Cr.

  • When was the last Balance Sheet of Induction Equipments(India)Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Induction Equipments(India)Pvt Ltd was filed with the ROC on 31 Mar 2024.

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