Induction Powermelt Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 35 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.92 M
- Revenue Growth 23.94%
- Profit Growth 65.70%
- Ebitda 789.79%
- Net Worth -11.99%
- Total Assets 15.98%
About Induction Powermelt
Induction Powermelt Pvt Ltd (IPPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 April 1989 and has a history of 35 years and ten months. Its registered office is in Gandhi Nagar, Gujarat, 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1.92 M.
Vikram Doshi, Rajendra Raval, Madhavi Doshi, and One other member serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29120GJ1989PTC012088
- Company No.
012088
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Apr 1989
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Induction Powermelt Pvt Ltd offer?
Induction Powermelt Pvt Ltd offers a wide range of products and services, including Industrial Furnaces & Ovens, Melting Furnaces, Crucible Furnaces, Electric Coils, Induction Coils, Tilting Furnace, Industrial Furnaces, Transformers, Isolation Transformers, Power Supply Systems.
Who are the key members and board of directors at Induction Powermelt?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Doshi  | Whole-Time Director | 06-Apr-1989 | Current |
| Rajendra Raval | Whole-Time Director | 30-Oct-2001 | Current |
| Madhavi Doshi | Director | 01-Feb-2008 | Current |
| Bhargav Raval | Director | 31-May-2016 | Current |
Financial Performance of Induction Powermelt.
Induction Powermelt Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 23.94% increase. The company also saw a substantial improvement in profitability, with a 65.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.99%.
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What is the Ownership and Shareholding Structure of Induction Powermelt?
In 2020, Induction Powermelt 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)
Interpower Induction Private LimitedVikram Doshi is a mutual person
Charges (Loans)
₹1.92 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.14 Cr
- Icici Bank Limited : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2023 | Hdfc Bank Limited | ₹1.40 M | Open |
| 16 Mar 2005 | Icici Bank Limited | ₹0.52 M | Open |
How Many Employees Work at Induction Powermelt?
Induction Powermelt has a workforce of 5 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 Induction Powermelt, 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 Powermelt'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.
