Ingeco Gears Private Limited

Manufacturer and exporter of speed reducers for various industries, with international reach and ISO certification.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 26, 2024

Ingeco Gears Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.10 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.93 Cr
  • Satisfied Charges ₹ 14.83 Cr
  • Revenue Growth 7.31%
  • Profit Growth 47.16%
  • Ebitda 27.96%
  • Net Worth 4.07%
  • Total Assets -6.80%

About Ingeco Gears

Ingeco Gears Private Limited (IGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 April 1999 and has a history of 25 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.10 M.

The company currently has active open charges totaling ₹9.93 Cr. The company has closed loans amounting to ₹14.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tarun Shah, Hardik Tarun, and Vrajesh Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ingecogears.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72505GJ1999PTC035748

  • Company No.

    035748

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Ingeco Gears Private Limited offer?

Ingeco Gears Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Hydraulic Jacks, Lifts & Winches, Floor Jacks, Electric Motors and Components, Gear Motor, Helical Gear Box, Conveyor Systems & Components, Conveyor Components, Automotive Gears.

Who are the key members and board of directors at Ingeco Gears?

Board Members (3)

NameDesignationAppointment DateStatus
Tarun Shah Country flag representing In Director 09-Apr-1999Current
Hardik Tarun Country flag representing In Director 01-Sep-2005Current
Vrajesh Shah Country flag representing In Director 09-Apr-1999Current

Financial Performance of Ingeco Gears.

Ingeco Gears Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.31% increase. The company also saw a substantial improvement in profitability, with a 47.16% increase in profit. The company's net worth moved up by a moderate rise of 4.07%.

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
7.31%
Revenue from Operations
7.71%
Total Assets
-6.80%
Profit or Loss
47.16%
Net Worth
4.07%
EBITDA
27.96%

What is the Ownership and Shareholding Structure of Ingeco Gears?

In 2023, Ingeco Gears 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

₹9.93 Cr

Satisfied Charges

₹14.83 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.93 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2024Others₹6.99 CrOpen
07 Sep 2020Others₹6.90 MOpen
11 Oct 2017Others₹2.25 CrOpen
05 Nov 2007Bank Of India₹7.39 CrSatisfied
03 Nov 2007Bank Of India₹7.39 CrSatisfied

How Many Employees Work at Ingeco Gears?

Ingeco Gears has a workforce of 55 employees as of Mar 23, 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 Ingeco Gears, 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 Ingeco Gears'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 Ingeco Gears

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.99 Cr with Charge ID 100869187 was registered on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge with Others of Rs. 2.25 Cr registered on 11 Oct 2017 with Charge ID 100146186 was modified on 24 Jan 2024.

    24 Jan 2024

  • Annual General Meeting

    Ingeco Gears Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ingeco Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.69 Cr with Charge ID 100370296 was registered on 07 Sep 2020.

    07 Sep 2020

  • Charges

    A charge registered on 05 Nov 2007 via Charge ID 10077669 with Bank Of India was fully satisfied on 01 Feb 2019.

    01 Feb 2019

Frequently asked questions

  • Ingeco Gears Private Limited was incorporated on 09 Apr 1999.

  • The authorized share capital of Ingeco Gears Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.10 M.

  • Currently 3 directors are associated with Ingeco Gears Private Limited.

    • Tarun Anandlal Shah
    • Hardik Shah Tarun
    • Vrajesh Kiritkant Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ingeco Gears Private Limited is Plot No 38-43 Gopi Industrial Estate Sarkhej - Bavla Highway Changodar, Ahmedabad, Gujarat, India, 382213.

  • The corporate identification number (CIN) of Ingeco Gears Private Limited is U72505GJ1999PTC035748 and the company number is 035748 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ingeco Gears Private Limited is https://www.ingecogears.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ingeco Gears Private Limited has risen by 7.31%.

  • As Per 2023 financial reports, 55 employees are currently employed by Ingeco Gears Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ingeco Gears Private Limited has experienced an upsurge of 4.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ingeco Gears Private Limited amount to ₹ 9.93 Cr.

  • The most recent Balance Sheet for Ingeco Gears Private Limited was filed with the ROC on 31 Mar 2023.