Indus Projects Limited

Fabrication and erection of heavy equipment for petrochemicals, oil and gas, and power plants.

1997 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 18, 2025

Indus Projects Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.15 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 107.67 Cr
  • Satisfied Charges ₹ 3.11 Cr
  • Revenue Growth -33.38%
  • Profit Growth -282.96%
  • Ebitda -92.55%
  • Net Worth -15.64%
  • Total Assets -8.25%

About Indus Projects

Indus Projects Limited (IPL) is Under Cirp company established on 17 Nov 1997 with its office registered at Mumbai, Maharashtra, India and has been running since 27 Year, 3 Months with a paid up capital of 7.15 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    induseng.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210MH1997PLC111921

  • Company No.

    111921

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 1997

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

Who are the key members and board of directors at Indus Projects?

Executive Team (1)

NameDesignationAppointment DateStatus
Abhay Mehta Country flag representing In CEO01-Apr-2014Current

Board Members (3)

NameDesignationAppointment DateStatus
Mahavir Mehta Country flag representing In Director 17-Nov-1997Current
Madhur Mehta Country flag representing In Director 17-Nov-1997Current
Kishor Mehta Country flag representing In Director 17-Nov-1997Current

Financial Performance of Indus Projects.

Indus Projects Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 33.38% decrease. The company also saw a substantial fall in profitability, with a 282.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.64%.

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
-33.38%
Revenue from Operations
-33.08%
Total Assets
-8.25%
Profit or Loss
-282.96%
Net Worth
-15.64%
EBITDA
-92.55%

What is the Ownership and Shareholding Structure of Indus Projects?

In 2017, Indus Projects had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹107.67 Cr

Satisfied Charges

₹3.11 Cr

Charges Breakdown by Lending Institutions

  • Corporation Bank : 88.67 Cr
  • Others : 12.50 Cr
  • Union Bank Of India : 4.50 Cr
  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2016Others₹12.50 CrOpen
23 Nov 2012Union Bank Of India₹4.50 CrOpen
30 Dec 2011Corporation Bank₹0.46 MOpen
14 Jul 2006Hdfc Bank Limited₹2.00 CrOpen
22 Jan 1999Corporation Bank₹88.62 CrOpen

How Many Employees Work at Indus Projects?

Indus Projects has a workforce of 6 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indus Projects, 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 Indus Projects'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 Indus Projects

Recent activity within the organization

  • Annual General Meeting

    Indus Projects Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Indus Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.

    31 Mar 2017

  • Charges

    A charge with Others amounted to Rs. 12.50 Cr with Charge ID 100033931 was registered on 06 Apr 2016.

    06 Apr 2016

  • Charges

    A charge with Corporation Bank of Rs. 88.62 Cr registered on 22 Jan 1999 with Charge ID 80015903 was modified on 22 Jun 2015.

    22 Jun 2015

  • Charges

    A charge registered on 06 Jun 2012 via Charge ID 10363126 with L & T Finance Limited was fully satisfied on 06 Oct 2014.

    06 Oct 2014

  • Charges

    A charge registered on 10 Jan 2012 via Charge ID 10333574 with L & T Finance Limited was fully satisfied on 06 Oct 2014.

    06 Oct 2014

Frequently asked questions

  • Indus Projects Limited was incorporated on 17 Nov 1997.

  • The authorized share capital of Indus Projects Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.15 Cr.

  • Currently 4 directors are associated with Indus Projects Limited.

    • Madhur Kishor Mehta
    • Mahavir Kishor Mehta
    • Kishor Himatlal Mehta
    • Abhay Kishor Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indus Projects Limited is 304 Loha Bhavanp D Mello Road Masjid India, Mumbai, Maharashtra, 400009.

  • The corporate identification number (CIN) of Indus Projects Limited is U74210MH1997PLC111921 and the company number is 111921 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indus Projects Limited is https://www.induseng.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Indus Projects Limited has fallen by -33.38%.

  • As Per 2017 financial reports, 6 employees are currently employed by Indus Projects Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Indus Projects Limited has experienced an downturn of -15.64%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Indus Projects Limited amount to ₹ 107.67 Cr.

  • The most recent Balance Sheet for Indus Projects Limited was filed with the ROC on 31 Mar 2017.

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