Inductotherm (India) Private Limited

Manufactures induction metal melting systems with global operations for 6+ decades.

1982 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 07, 2025

Inductotherm (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 125.00 Cr
  • Revenue Growth 45.74%
  • Profit Growth 3.76%
  • Ebitda 3.79%
  • Net Worth 8.67%
  • Total Assets 17.27%

About Inductotherm (India)

Inductotherm (India) Private Limited (IIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 1982 and has a history of 42 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Engineering 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 2.25 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹125.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Michael Nallen, Chirag Sitwala, Naishadh Parekh, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29120GJ1982PTC005739

  • Company No.

    005739

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1982

  • Date of AGM

    08 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Inductotherm (India) Private Limited offer?

Inductotherm (India) Private Limited offers a wide range of products and services, including Process Control Systems & Equipments, Power Controllers, Saws, Chainsaws and Saw Blades, Sawing Machines, Furniture Making & Carpentry Service, Furniture Design Service, Heating Components & Spares, Heating Equipment, Water Heater & Geyser, Solar Water Heater.

Who are the key members and board of directors at Inductotherm (India)?

Executive Team (1)

Name Designation Appointment Date Status
Naishadh Parekh Country flag representing In Managing Director 15-Jul-2012 Current

Board Members (5)

Name Designation Appointment Date Status
Michael Nallen Country flag representing Us Director 06-Dec-2010 Current
Chirag Sitwala Country flag representing In Whole-Time Director 15-Jul-2012 Current
Prakash Chaubal Country flag representing In Whole-Time Director 15-Jul-2012 Current
Jai Narayan Additional Director 18-Oct-2024 Current
Satyen Prabhu Country flag representing Us Director 09-Dec-1999 Current

Financial Performance of Inductotherm (India).

Inductotherm (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.74% increase. The company also saw a slight improvement in profitability, with a 3.76% increase in profit. The company's net worth moved up by a moderate rise of 8.67%.

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
45.74%
Revenue from Operations
45.92%
Total Assets
17.27%
Profit or Loss
3.76%
Net Worth
8.67%
EBITDA
3.79%

What is the Ownership and Shareholding Structure of Inductotherm (India)?

In 2022, Inductotherm (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹125.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 100.00 Cr
  • State Bank Of India : 25.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2015 Hdfc Bank Limited ₹100.00 Cr Satisfied
21 Sep 2004 State Bank Of India ₹25.00 Cr Satisfied

How Many Employees Work at Inductotherm (India)?

Inductotherm (India) has a workforce of 726 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Inductotherm (India), 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 Inductotherm (India)'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 Inductotherm (India)

Recent activity within the organization

  • Director Appointment

    Jai Kumar Narayan was appointed as a Additional Director was appointed as a Additional Director on 18 Oct 2024 & has been associated with this company since 3 months 16 days .

    18 Oct 2024

  • Annual General Meeting

    Inductotherm (India) Private Limited last Annual general meeting of members was held on 08 Jul 2024 as per latest MCA records.

    08 Jul 2024

  • Balance Sheet

    Inductotherm (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 17 Oct 2015 via Charge ID 10606778 with Hdfc Bank Limited was fully satisfied on 15 Sep 2016.

    15 Sep 2016

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 10606778 was registered on 17 Oct 2015.

    17 Oct 2015

  • Director Appointment

    Chirag Girishkumar Sitwala was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Jul 2012 & has been associated with this company since 12 years 6 months .

    15 Jul 2012

Frequently asked questions

  • Inductotherm (India) Private Limited was incorporated on 04 Dec 1982.

  • The authorized share capital of Inductotherm (India) Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 6 directors are associated with Inductotherm (India) Private Limited.

    • Michael Anthony Nallen
    • Chirag Girishkumar Sitwala
    • Naishadh Nalinkant Parekh
    • Prakash Dinkar Chaubal
    • Jai Kumar Narayan
    • Satyen Nagesh Prabhu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Inductotherm (India) Private Limited is Plot No. Sm-6 Ii Industrial Estate, Village Bol () India, Sanand, Gujarat, 382170.

  • The corporate identification number (CIN) of Inductotherm (India) Private Limited is U29120GJ1982PTC005739 and the company number is 005739 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Inductotherm (India) Private Limited is https://www.inductothermindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Inductotherm (India) Private Limited has risen by 45.74%.

  • As Per 2022 financial reports, 726 employees are currently employed by Inductotherm (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Inductotherm (India) Private Limited has experienced an upsurge of 8.67%.

  • The most recent Balance Sheet for Inductotherm (India) Private Limited was filed with the ROC on 31 Mar 2024.

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