Induction Powermelt Pvt Ltd

Manufactures induction melting furnaces for various industries.

1989 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Induction Powermelt Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 36 Year, 1 Month
  • 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 36 years and one month. 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

Machinery and Equipment

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.

Company report

Induction Powermelt Pvt Ltd

Explore comprehensive data for Induction Powermelt Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Induction Powermelt?

Board Members (4)

NameDesignationAppointment DateStatus
Vikram Doshi Country flag representing In Whole-Time Director 06-Apr-1989Current
Rajendra Raval Country flag representing In Whole-Time Director 30-Oct-2001Current
Madhavi Doshi Country flag representing In Director 01-Feb-2008Current
Bhargav Raval Country flag representing In Director 31-May-2016Current

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%.

Induction Powermelt revenue growth over time
Induction Powermelt 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
23.94%
Revenue from Operations
25.67%
Total Assets
15.98%
Profit or Loss
65.70%
Net Worth
-11.99%
EBITDA
789.79%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.92 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.14 Cr
  • Icici Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2023Hdfc Bank Limited₹1.40 MOpen
16 Mar 2005Icici Bank Limited₹0.52 MOpen

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.

Employee growth trends for Induction Powermelt Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 Powermelt

Recent activity within the organization

  • Annual General Meeting

    Induction Powermelt Pvt Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Induction Powermelt Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.40 M with Charge ID 100791085 was registered on 27 Sep 2023.

  • Director Appointment

    Bhargav Rajendra Raval was appointed as a Director was appointed as a Director on 31 May 2016 & has been associated with this company since 8 years 11 months .

  • Director Appointment

    Madhavi Vikram Doshi was appointed as a Director was appointed as a Director on 01 Feb 2008 & has been associated with this company since 17 years 3 months .

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 0.52 M with Charge ID 80041010 was registered on 16 Mar 2005.

Frequently asked questions

  • What is the Incorporation or founding date of Induction Powermelt Pvt Ltd?

    Induction Powermelt Pvt Ltd was incorporated on 06 Apr 1989.

  • What is authorized share capital and paid-up capital of Induction Powermelt Pvt Ltd?

    The authorized share capital of Induction Powermelt Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Induction Powermelt Pvt Ltd?

    Currently 4 directors are associated with Induction Powermelt Pvt Ltd.

    • Vikram Chimanlal Doshi
    • Rajendra Shankarlal Raval
    • Madhavi Vikram Doshi
    • Bhargav Rajendra Raval

  • What is the registered address of Induction Powermelt Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Induction Powermelt Pvt Ltd is Plot No 815, Sola -Kalol Road Ta Kalol(N.G.) India, Santej, Gujarat, 382721.

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

    The corporate identification number (CIN) of Induction Powermelt Pvt Ltd is U29120GJ1989PTC012088 and the company number is 012088 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Induction Powermelt Pvt Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Induction Powermelt Pvt Ltd has risen by 23.94%.

  • How many employees does Induction Powermelt Pvt Ltd currently have?

    As Per 2022 financial reports, 5 employees are currently employed by Induction Powermelt Pvt Ltd.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Induction Powermelt Pvt Ltd has experienced an downturn of -11.99%.

  • What are the total open charges for Induction Powermelt Pvt Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Induction Powermelt Pvt Ltd amount to ₹ 1.92 M.

  • When was the last Balance Sheet of Induction Powermelt Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Induction Powermelt Pvt Ltd was filed with the ROC on 31 Mar 2024.

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