Ip Rings Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 12.68 Cr
- Company Age 34 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 228.98 Cr
- Satisfied Charges ₹ 125.90 Cr
- Revenue Growth 18.77%
- Profit Growth -78.87%
- Ebitda -21.92%
- Net Worth -0.78%
- Total Assets 5.09%
About Ip Rings
Ip Rings Limited (IRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 January 1991 and has a history of 34 years. Its registered office is in Kanchipuram, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523638.
The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 12.68 Cr.
The company currently has active open charges totaling ₹228.98 Cr. The company has closed loans amounting to ₹125.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ip Rings Limited India are R Venkataraman as CFO and Amarnath Tripathy as Company Secretary. Venkataramani Anantharamakrishnan, Navin Paul, Vikram Vijayaraghavan, and Three other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L28920TN1991PLC020232
- Company No.
020232
- Stock Symbol
BSE : 523638
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Jan 1991
- Date of AGM
12 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
What products or services does Ip Rings Limited offer?
Ip Rings Limited offers a wide range of products and services, including Metal Finishing & Coating Services, Coating Services, Automobile Fittings & Components, Automotive Components, Manufacturing & Assembling Services, Heat Treating Services, Steel Profile, Cold Formed Section.
Who are the key members and board of directors at Ip Rings?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkataramani Anantharamakrishnan  | Managing Director | 27-Oct-2010 | Current |
R Venkataraman  | CFO | 30-May-2014 | Current |
| Amarnath Tripathy | Company Secretary | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Muthalagu Govindarajan | Director | 02-Aug-2021 | Current |
| Navin Paul | Director | 07-Nov-2019 | Current |
| Vikram Vijayaraghavan | Director | 16-May-2019 | Current |
| Sandhya Shekhar | Director | 30-Sep-2014 | Current |
Ryosuke Hasumi  | Director | 01-Nov-2021 | Current |
Financial Performance of Ip Rings.
Ip Rings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.77% increase. The company also saw a substantial fall in profitability, with a 78.87% decrease in profit. The company's net worth dipped by a decrease of 0.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ip Rings?
In 2023, Ip Rings had a promoter holding of 56.58% and a public holding of 43.42%. The company had 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Parry Enterprises India LimitedVenkataramani Anantharamakrishnan is a mutual person
Enthought Scientific Software Solutions Private LimitedVikram Vijayaraghavan is a mutual person
Shanthi Gears LimitedVenkataramani Anantharamakrishnan is a mutual person
Simpson And Company LimitedSandhya Shekhar is a mutual person
Ipr Eminox Technologies Private LimitedVenkataramani Anantharamakrishnan is a mutual person
Amalgamations Private LimitedVenkataramani Anantharamakrishnan is a mutual person
Charges (Loans)
₹228.98 Cr
₹125.90 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 82.00 Cr
- Hdfc Bank Limited : 57.98 Cr
- Others : 39.50 Cr
- Tata Capital Financial Services Limited : 29.50 Cr
- Axis Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2023 | Hdfc Bank Limited | ₹2.51 M | Open |
| 22 Nov 2023 | Others | ₹5.00 Cr | Open |
| 30 Jun 2023 | Hdfc Bank Limited | ₹7.78 M | Open |
| 15 Mar 2023 | Hdfc Bank Limited | ₹2.34 M | Open |
| 05 Jan 2023 | Hdfc Bank Limited | ₹1.22 Cr | Open |
How Many Employees Work at Ip Rings?
Ip Rings has a workforce of 346 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ip Rings, 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 Ip Rings's trajectory.
Rating
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
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.
