Induction Powermelt Pvt Ltd

Induction Powermelt Pvt Ltd

Manufactures induction melting furnaces for various industries.
1989 | Gandhi Nagar, Gujarat (India) | Active

Last Updated:

December 03, 2024
HomeCompanyInduction Powermelt Pvt Ltd

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

Board Members(4)

NameDesignationAppointment DateStatus
Vikram Doshi In Whole-Time Director 06-Apr-1989Current
Rajendra Raval In Whole-Time Director 30-Oct-2001Current
Madhavi Doshi In Director 01-Feb-2008Current
Bhargav Raval 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹1.92 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 27 Sep 2023
₹1.40 MOpen

Icici Bank Limited

Creation Date: 16 Mar 2005
₹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.

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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.

    28 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

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

    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 6 months .

    31 May 2016

  • 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 16 years 10 months .

    01 Feb 2008

  • Charges

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

    16 Mar 2005

Frequently asked questions

  • Induction Powermelt Pvt Ltd was incorporated on 06 Apr 1989.

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

  • Currently 4 directors are associated with Induction Powermelt Pvt Ltd.

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

  • 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).

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

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

  • 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%.

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

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

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