Ion Exchange (India) Limited

Produces water and effluent treatment plants, ion-exchange resins, and water-care products.

1964 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Ion Exchange (India) Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 14.67 Cr
  • Company Age 60 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,078.99 Cr
  • Satisfied Charges ₹ 2,985.15 Cr
  • Revenue Growth 24.65%
  • Profit Growth 19.78%
  • Ebitda 18.25%
  • Net Worth 22.16%
  • Total Assets 17.87%

About Ion Exchange (India)

Ion Exchange (India) Limited (IEIL) was founded in India on 06 March 1964 and has a glorious history of 60 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500214.

The Company is engaged in the Engineering 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 32.00 Cr and a paid-up capital of Rs 14.67 Cr.

The company currently has active open charges totaling ₹3,078.99 Cr. The company has closed loans amounting to ₹2,985.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ion Exchange (India) Limited India are Vasant Naik as CFO and Milind Puranik as Company Secretary. Aankur Patni, Rajesh Sharma, Mahabir Patni, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L74999MH1964PLC014258

  • Company No.

    014258

  • Stock Symbol

    BSE : 500214

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 1964

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Engineering
Chemicals and Materials

What products or services does Ion Exchange (India) Limited offer?

Ion Exchange (India) Limited offers a wide range of products and services, including Analyzers & Analytical Instruments, Laboratory Analyzer, Domestic RO Water Purifier & Filters, Water Purifiers, Water Purifier Spare Parts, Laboratory & Lab Equipment, Distilling Apparatus, Water Treatment & Purification Plant, Industrial Water Filters, RO Water Purifiers.

Who are the key members and board of directors at Ion Exchange (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Indraneel Dutt Country flag representing In Managing Director08-Oct-2024Current
Vasant Naik CFOCurrent
Milind Puranik Company SecretaryCurrent

Board Members (9)

NameDesignationAppointment DateStatus
Padmanabhan Gopalaraman Country flag representing In Director 07-Oct-2024Current
Alka Misra Country flag representing In Director 31-Aug-2024Current
Aankur Patni Country flag representing In Director 24-Jan-2006Current
Rajesh Sharma Country flag representing In Whole-Time Director 26-Mar-1996Current
Mahabir Patni Country flag representing In Director 28-Sep-2001Current
Amitava Guharoy Director 31-Aug-2024Current

Financial Performance of Ion Exchange (India).

Ion Exchange (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.65% increase. The company also saw a substantial improvement in profitability, with a 19.78% increase in profit. The company's net worth Soared by an impressive increase of 22.16%.

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
24.65%
Revenue from Operations
25.36%
Total Assets
17.87%
Profit or Loss
19.78%
Net Worth
22.16%
EBITDA
18.25%

What is the Ownership and Shareholding Structure of Ion Exchange (India)?

In 2022, Ion Exchange (India) had a promoter holding of 27.01% and a public holding of 73.00%. The company had 8 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,078.99 Cr

Satisfied Charges

₹2,985.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 1068.21 Cr
  • Sbicap Trustee Company Limited : 912.00 Cr
  • Bank Of India : 778.00 Cr
  • Standard Chartered Bank : 180.00 Cr
  • Canara Bank : 100.00 Cr
  • Others : 40.78 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jun 2024Others₹200.00 CrOpen
19 Dec 2023Others₹345.00 CrOpen
10 Aug 2023Others₹100.00 CrOpen
23 Jun 2023Canara Bank₹100.00 CrOpen
06 Sep 2022Others₹16.00 CrOpen

How Many Employees Work at Ion Exchange (India)?

Ion Exchange (India) has a workforce of 2253 employees as of Apr 05, 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 Ion Exchange (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 Ion Exchange (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 Ion Exchange (India)

Recent activity within the organization

  • Director Appointment

    Indraneel Dutt was appointed as a Managing Director was appointed as a Managing Director on 08 Oct 2024 & has been associated with this company since 3 months 24 days .

    08 Oct 2024

  • Director Appointment

    Padmanabhan Gopalaraman was appointed as a Director was appointed as a Director on 07 Oct 2024 & has been associated with this company since 3 months 25 days .

    07 Oct 2024

  • Charges

    A charge registered on 22 Jan 2020 via Charge ID 100332048 with Others was fully satisfied on 05 Oct 2024.

    05 Oct 2024

  • Charges

    A charge with Others of Rs. 345.00 Cr registered on 19 Dec 2023 with Charge ID 100843927 was modified on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

    Ion Exchange (India) Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

    11 Sep 2024

  • Director Appointment

    Alka Arora Misra was appointed as a Director was appointed as a Director on 31 Aug 2024 & has been associated with this company since 5 months 1 day .

    31 Aug 2024

Frequently asked questions

  • Ion Exchange (India) Limited was incorporated on 06 Mar 1964.

  • The authorized share capital of Ion Exchange (India) Limited is ₹ 32.00 Cr and paid-up capital is ₹ 14.67 Cr.

  • Currently 12 directors are associated with Ion Exchange (India) Limited.

    • Aankur Patni
    • Rajesh Chandrabhan Sharma
    • Mahabir Prasad Patni
    • Padmanabhan Gopalaraman
    • Alka Arora Misra
    • Vasant Janardhan Naik
    • Milind Dattatraya Puranik
    • Amitava Guharoy
    • Indraneel Dutt
    • Sanjay Vithalrao Joshi
    • David Paul Rasquinha
    • Dinesh Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ion Exchange (India) Limited is Ion House Dr. E.Moses Road, Mahalaxmi India, Mumbai, Maharashtra, 400011.

  • The corporate identification number (CIN) of Ion Exchange (India) Limited is L74999MH1964PLC014258 and the company number is 014258 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ion Exchange (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Ion Exchange (India) Limited is https://www.ionexchangeglobal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ion Exchange (India) Limited has risen by 24.65%.

  • As Per 2023 financial reports, 2253 employees are currently employed by Ion Exchange (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ion Exchange (India) Limited has experienced an upsurge of 22.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ion Exchange (India) Limited amount to ₹ 3,078.99 Cr.

  • The most recent Balance Sheet for Ion Exchange (India) Limited was filed with the ROC on 31 Mar 2024.

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