Interpower Induction Private Limited

Manufactures induction heating machines for various applications such as annealing, hardening, and tempering.

2014 | Gandhi Nagar, Gujarat (India) | Active
Last Updated: November 16, 2024

Interpower Induction Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 89.16%
  • Profit Growth 168.86%
  • Ebitda 123.65%
  • Net Worth 137.31%
  • Total Assets 36.57%

About Interpower Induction

Interpower Induction Private Limited (IIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 2014 and has a history of Ten years and ten months. Its registered office is in Gandhi Nagar, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vikram Doshi, Devansh Shah, Suraaj Doshi, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31500GJ2014PTC079443

  • Company No.

    079443

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 2014

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Interpower Induction Private Limited offer?

Interpower Induction Private Limited offers a wide range of products and services, including Industrial Heaters, Induction Heating Equipment, Heater & Heating Components, Heating Coils & Tubes, Material Handling Equipments, Material Handling Systems, Fire Alarm Control Panel, Industrial Cooling System, Water Cooling Systems.

Who are the key members and board of directors at Interpower Induction?

Executive Team (1)

NameDesignationAppointment DateStatus
Viraj Doshi Country flag representing Us Managing Director31-Mar-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Vikram Doshi Country flag representing In Director 31-Mar-2014Current
Devansh Shah Country flag representing In Director 09-Aug-2023Current
Suraaj Doshi Country flag representing In Director Current
Gary Gariglio Country flag representing Us Director 31-Mar-2014Current
Molly Gariglio Country flag representing Us Director 31-Mar-2014Current

Financial Performance of Interpower Induction.

Interpower Induction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.16% increase. The company also saw a substantial improvement in profitability, with a 168.86% increase in profit. The company's net worth Soared by an impressive increase of 137.31%.

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
89.16%
Revenue from Operations
86.58%
Total Assets
36.57%
Profit or Loss
168.86%
Net Worth
137.31%
EBITDA
123.65%

What is the Ownership and Shareholding Structure of Interpower Induction?

In 2023, Interpower Induction 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

₹0

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jun 2023Hdfc Bank Limited₹3.00 CrSatisfied

How Many Employees Work at Interpower Induction?

Interpower Induction has a workforce of 40 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 Interpower Induction, 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 Interpower Induction'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 Interpower Induction

Recent activity within the organization

  • Annual General Meeting

    Interpower Induction Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Interpower Induction 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 09 Jun 2023 via Charge ID 100751133 with Hdfc Bank Limited was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.00 M registered on 09 Jun 2023 with Charge ID 100751133 was modified on 23 Aug 2023.

    23 Aug 2023

  • Director Appointment

    Devansh Tejpal Shah was appointed as a Director was appointed as a Director on 09 Aug 2023 & has been associated with this company since 1 year 6 months .

    09 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 M with Charge ID 100751133 was registered on 09 Jun 2023.

    09 Jun 2023

Frequently asked questions

  • Interpower Induction Private Limited was incorporated on 31 Mar 2014.

  • The authorized share capital of Interpower Induction Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 6 directors are associated with Interpower Induction Private Limited.

    • Vikram Chimanlal Doshi
    • Devansh Tejpal Shah
    • Suraaj Doshi
    • Gary Martin Gariglio
    • Molly Jordan Gariglio
    • Viraj Vikram Doshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Interpower Induction Private Limited is Plot No. 815 Near Kothari Estate Sola Road, Santej India, Kalol, Gujarat, 382721.

  • The corporate identification number (CIN) of Interpower Induction Private Limited is U31500GJ2014PTC079443 and the company number is 079443 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Interpower Induction Private Limited is https://www.interpowerinduction.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Interpower Induction Private Limited has risen by 89.16%.

  • As Per 2023 financial reports, 40 employees are currently employed by Interpower Induction Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Interpower Induction Private Limited has experienced an upsurge of 137.31%.

  • The most recent Balance Sheet for Interpower Induction Private Limited was filed with the ROC on 31 Mar 2024.