Industrial Boilers Limited

Manufacturer of boilers, heaters, ESP, and autoclaves with global presence and over 6000 installations.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Industrial Boilers Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.58 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.24 Cr
  • Satisfied Charges ₹ 5.72 Cr
  • Revenue Growth 45.73%
  • Profit Growth 347.71%
  • Ebitda 134.99%
  • Net Worth 10.75%
  • Total Assets 24.39%

About Industrial Boilers

Industrial Boilers Limited (IBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 1997 and has a history of 27 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Industrial Boilers Private Limited. 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 6.00 Cr and a paid-up capital of Rs 3.58 Cr.

The company currently has active open charges totaling ₹24.24 Cr. The company has closed loans amounting to ₹5.72 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rohinton Engineer, Cyrus Engineer, and Homai Engineer serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28131MH1997PLC110202

  • Company No.

    110202

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1997

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Industrial Boilers Limited offer?

Industrial Boilers Limited offers a wide range of products and services, including Boilers & Boiler Parts, Industrial Boilers, Boiler, Steam Boilers, Generators, Turbines & Power Plants, Power Turbine, Pollution Control Devices & Machines, Dust Collector Parts, Gas Boiler.

Who are the key members and board of directors at Industrial Boilers?

Executive Team (1)

NameDesignationAppointment DateStatus
Homai Engineer Country flag representing In Managing Director20-Aug-1997Current

Board Members (2)

NameDesignationAppointment DateStatus
Rohinton Engineer Country flag representing In Whole-Time Director 24-Oct-1999Current
Cyrus Engineer Country flag representing In Whole-Time Director 24-Oct-1999Current

Financial Performance of Industrial Boilers.

Industrial Boilers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.73% increase. The company also saw a substantial improvement in profitability, with a 347.71% increase in profit. The company's net worth Soared by an impressive increase of 10.75%.

Industrial Boilers revenue growth over time
Industrial Boilers 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
45.73%
Revenue from Operations
46.02%
Total Assets
24.39%
Profit or Loss
347.71%
Net Worth
10.75%
EBITDA
134.99%

What is the Ownership and Shareholding Structure of Industrial Boilers?

In 2023, Industrial Boilers had a promoter holding of 63.72% and a public holding of 36.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.24 Cr

Satisfied Charges

₹5.72 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.24 Cr
  • Yes Bank Limited : 9.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Oct 2024Yes Bank Limited₹9.00 CrOpen
25 Jul 2023Others₹2.40 MOpen
09 Apr 2003Others₹15.00 CrOpen
10 Jan 2015The Zoroastrian Co-Operative Bank Limited₹5.00 CrSatisfied
23 Mar 1995Gujarat State Financial Corporation₹7.17 MSatisfied

How Many Employees Work at Industrial Boilers?

Industrial Boilers has a workforce of 182 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.

Employee growth trends for Industrial Boilers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Industrial Boilers, 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 Industrial Boilers'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 Industrial Boilers

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 9.00 Cr with Charge ID 101000460 was registered on 25 Oct 2024.

  • Annual General Meeting

    Industrial Boilers Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Industrial Boilers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 09 Apr 2003 with Charge ID 80027708 was modified on 26 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100794970 was registered on 25 Jul 2023.

  • Charges

    A charge registered on 10 Jan 2015 via Charge ID 10545126 with The Zoroastrian Co-Operative Bank Limited was fully satisfied on 21 Jun 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Industrial Boilers Limited?

    Industrial Boilers Limited was incorporated on 20 Aug 1997.

  • What is authorized share capital and paid-up capital of Industrial Boilers Limited?

    The authorized share capital of Industrial Boilers Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.58 Cr.

  • Who are the current board members & directors of Industrial Boilers Limited?

    Currently 3 directors are associated with Industrial Boilers Limited.

    • Rohinton Rusi Engineer
    • Cyrus Rusi Engineer
    • Homai Rusi Engineer

  • What is the registered address of Industrial Boilers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Industrial Boilers Limited is 701 C Poonam Chambersdr Annie Besant Road Worli India, Mumbai, Maharashtra, 400018.

  • What is the corporate identification number (CIN) and company number of Industrial Boilers Limited?

    The corporate identification number (CIN) of Industrial Boilers Limited is U28131MH1997PLC110202 and the company number is 110202 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Industrial Boilers Limited?

    The Official website of Industrial Boilers Limited is https://www.industrialboilers.net

  • What has been the recent revenue trend for Industrial Boilers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Industrial Boilers Limited has risen by 45.73%.

  • How many employees does Industrial Boilers Limited currently have?

    As Per 2023 financial reports, 182 employees are currently employed by Industrial Boilers Limited.

  • What change has been observed in the net worth of Industrial Boilers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Industrial Boilers Limited has experienced an upsurge of 10.75%.

  • What are the total open charges for Industrial Boilers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Industrial Boilers Limited amount to ₹ 24.24 Cr.

  • When was the last Balance Sheet of Industrial Boilers Limited filed with the ROC?

    The most recent Balance Sheet for Industrial Boilers Limited was filed with the ROC on 31 Mar 2024.

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