Industrial Controls & Drives (India) Private Limited

Manufactures and trades process measurement, control, and power monitoring products.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Industrial Controls & Drives (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.00 M
  • Satisfied Charges ₹ 1.15 Cr
  • Revenue Growth -27.78%
  • Profit Growth -562.34%
  • Ebitda -260.39%
  • Net Worth -18.62%
  • Total Assets -7.20%

About Industrial Controls & Drives (India)

Industrial Controls & Drives (India) Private Limited (ICDIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 1992 and has a history of 32 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Information Technology 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹9.00 M. The company has closed loans amounting to ₹1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandrasekaran Gopalasamy, Mangayarthilagam Rajagopal, and Chandra Balasubramaniam serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    icdipl.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29142TN1992PTC023348

  • Company No.

    023348

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Industrial Controls & Drives (India) Private Limited offer?

Industrial Controls & Drives (India) Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Energy Meter, Sensors & Transducers, Transducers, Thermometers & Flowmeters, Flow Meter, Measuring Equipments & Instruments, Tachometers, Process Control Systems & Equipments, Power Controllers.

Who are the key members and board of directors at Industrial Controls & Drives (India)?

Board Members (3)

Name Designation Appointment Date Status
Chandrasekaran Gopalasamy Country flag representing In Director 10-Mar-2022 Current
Mangayarthilagam Rajagopal Country flag representing In Director 15-Dec-2011 Current
Chandra Balasubramaniam Country flag representing In Additional Director 29-May-2024 Current

Financial Performance of Industrial Controls & Drives (India).

Industrial Controls & Drives (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.78% decrease. The company also saw a substantial fall in profitability, with a 562.34% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.62%.

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
-27.78%
Revenue from Operations
-38.27%
Total Assets
-7.20%
Profit or Loss
-562.34%
Net Worth
-18.62%
EBITDA
-260.39%

What is the Ownership and Shareholding Structure of Industrial Controls & Drives (India)?

In 2023, Industrial Controls & Drives (India) 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

₹9.00 M

Satisfied Charges

₹11.53 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
16 Jul 2004 State Bank Of India ₹9.00 M Open
06 Aug 2018 Others ₹7.50 M Satisfied
21 Feb 2013 The Tamilnadu Industrial Investment Corporation Ltd ₹4.03 M Satisfied

How Many Employees Work at Industrial Controls & Drives (India)?

Industrial Controls & Drives (India) has a workforce of 26 employees as of Apr 08, 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 Industrial Controls & Drives (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 Industrial Controls & Drives (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 Industrial Controls & Drives (India)

Recent activity within the organization

  • Annual General Meeting

    Industrial Controls & Drives (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Chandra Sekaran Balasubramaniam was appointed as a Additional Director was appointed as a Additional Director on 29 May 2024 & has been associated with this company since 8 months 14 days .

    29 May 2024

  • Balance Sheet

    Industrial Controls & Drives (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 06 Aug 2018 via Charge ID 100209635 with Others was fully satisfied on 15 May 2023.

    15 May 2023

  • Charges

    A charge with State Bank Of India of Rs. 9.00 M registered on 16 Jul 2004 with Charge ID 90283292 was modified on 12 Apr 2023.

    12 Apr 2023

  • Charges

    A charge registered on 21 Feb 2013 via Charge ID 10406774 with The Tamilnadu Industrial Investment Corporation Ltd was fully satisfied on 11 Nov 2022.

    11 Nov 2022

Frequently asked questions

  • Industrial Controls & Drives (India) Private Limited was incorporated on 27 Aug 1992.

  • The authorized share capital of Industrial Controls & Drives (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Industrial Controls & Drives (India) Private Limited.

    • Chandrasekaran Gopalasamy
    • Mangayarthilagam Rajagopal
    • Chandra Sekaran Balasubramaniam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Industrial Controls & Drives (India) Private Limited is 10 Arumugam St Kilpauk Garden Colony West Extn, India, Madras-600010, Tamil Nadu.

  • The corporate identification number (CIN) of Industrial Controls & Drives (India) Private Limited is U29142TN1992PTC023348 and the company number is 023348 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Industrial Controls & Drives (India) Private Limited is https://www.icdipl.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Industrial Controls & Drives (India) Private Limited has fallen by -27.78%.

  • As Per 2023 financial reports, 26 employees are currently employed by Industrial Controls & Drives (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Industrial Controls & Drives (India) Private Limited has experienced an downturn of -18.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Industrial Controls & Drives (India) Private Limited amount to ₹ 9.00 M.

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

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