Ip Rings Limited

Manufacturer of high-quality automotive components, including piston rings and transmission parts for top industry clients.

1991 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Ip Rings Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 12.68 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 258.16 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 and two months. 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 2024. 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 ₹258.16 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 Ramakrishnan Janakiraman as CFO and Sathya Narayanan as Company Secretary. Anandi Iyer, Muthalagu Govindarajan, Ryosuke Hasumi, 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

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Automotive

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.

Company report

Ip Rings Limited

Explore comprehensive data for Ip Rings Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ip Rings?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramakrishnan Janakiraman Country flag representing In CFO30-May-2024Current
Sathya Narayanan Country flag representing In Company Secretary12-Jul-2024Current
Venkataramani Anantharamakrishnan Country flag representing Gb Managing Director27-Oct-2010Current

Board Members (5)

NameDesignationAppointment DateStatus
Muthalagu Govindarajan Country flag representing In Director 02-Aug-2021Current
Anandi Iyer Country flag representing In Director 01-Oct-2024Current
Ryosuke Hasumi Country flag representing Jp Director 01-Nov-2021Current
Vikram Vijayaraghavan Country flag representing In Additional Director 16-May-2019Current
Navin Paul Country flag representing In Director 07-Nov-2019Current

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%.

Ip Rings revenue growth over time
Ip Rings 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
18.77%
Revenue from Operations
18.55%
Total Assets
5.09%
Profit or Loss
-78.87%
Net Worth
-0.78%
EBITDA
-21.92%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹258.16 Cr

Satisfied Charges

₹125.90 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 82.00 Cr
  • Hdfc Bank Limited : 72.16 Cr
  • Others : 54.50 Cr
  • Tata Capital Financial Services Limited : 29.50 Cr
  • Axis Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2024Hdfc Bank Limited₹1.74 MOpen
31 Jan 2024Hdfc Bank Limited₹14.00 CrOpen
30 Dec 2023Others₹15.00 CrOpen
30 Nov 2023Hdfc Bank Limited₹2.51 MOpen
22 Nov 2023Others₹5.00 CrOpen

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.

Employee growth trends for Ip Rings Limited

Deals i

Graph showing company valuation over time

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

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 Ip Rings

Recent activity within the organization

  • Director Appointment

    Anandi Iyer was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 6 months 14 days .

  • Annual General Meeting

    Ip Rings Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

  • Director Appointment

    Sathya Narayanan was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jul 2024 & has been associated with this company since 9 months 3 days .

  • Director Appointment

    Ramakrishnan Janakiraman was appointed as a Cfo was appointed as a Cfo on 30 May 2024 & has been associated with this company since 10 months 15 days .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100917282 was registered on 16 Apr 2024.

  • Balance Sheet

    Ip Rings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

Frequently asked questions

  • What is the Incorporation or founding date of Ip Rings Limited?

    Ip Rings Limited was incorporated on 30 Jan 1991.

  • What is authorized share capital and paid-up capital of Ip Rings Limited?

    The authorized share capital of Ip Rings Limited is ₹ 20.00 Cr and paid-up capital is ₹ 12.68 Cr.

  • Who are the current board members & directors of Ip Rings Limited?

    Currently 8 directors are associated with Ip Rings Limited.

    • Anandi Iyer
    • Muthalagu Govindarajan
    • Ryosuke Hasumi
    • Ramakrishnan Janakiraman
    • Sathya Narayanan
    • Vikram Vijayaraghavan
    • Navin Paul
    • Venkataramani Anantharamakrishnan

  • What is the registered address of Ip Rings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ip Rings Limited is D 11/12, Industrial Estate India, Maraimalai Nagar, Tamil Nadu, 603209.

  • What is the corporate identification number (CIN) and company number of Ip Rings Limited?

    The corporate identification number (CIN) of Ip Rings Limited is L28920TN1991PLC020232 and the company number is 020232 as per Ministry of Corporate Affairs (MCA).

  • Is Ip Rings Limited registered with any stock exchange in India?

    Yes, Ip Rings Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Ip Rings Limited?

    The Official website of Ip Rings Limited is https://www.iprings.com

  • What has been the recent revenue trend for Ip Rings Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ip Rings Limited has risen by 18.77%.

  • How many employees does Ip Rings Limited currently have?

    As Per 2023 financial reports, 346 employees are currently employed by Ip Rings Limited.

  • What change has been observed in the net worth of Ip Rings Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ip Rings Limited has experienced an downturn of -0.78%.

  • What are the total open charges for Ip Rings Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ip Rings Limited amount to ₹ 258.16 Cr.

  • When was the last Balance Sheet of Ip Rings Limited filed with the ROC?

    The most recent Balance Sheet for Ip Rings Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Parts & Components