Iracis Process Engineers Private Limited

Manufactures and sells water treatment plants since 1998, based in Mumbai, Maharashtra.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Iracis Process Engineers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 27 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth -39.24%
  • Profit Growth -295.20%
  • Ebitda -229.70%
  • Net Worth -326.95%
  • Total Assets -62.37%

About Iracis Process Engineers

Iracis Process Engineers Private Limited (IPEPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 January 1998 and has a history of 27 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Labie Chemie (India) Private Limited. The Company is engaged in the Environment 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 ₹6.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kunal Chokshi, Kamal Chandrakant, and Nakul Chokshi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51397MH1998PTC113322

  • Company No.

    113322

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Iracis Process Engineers?

Board Members (3)

NameDesignationAppointment DateStatus
Nakul Chokshi Country flag representing In Director 08-Sep-2012Current
Kunal Chokshi Country flag representing In Director 08-Sep-2012Current
Kamal Chandrakant Country flag representing In Director 08-Sep-2012Current

Financial Performance of Iracis Process Engineers.

Iracis Process Engineers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 39.24% decrease. The company also saw a substantial fall in profitability, with a 295.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 326.95%.

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
-39.24%
Revenue from Operations
-39.24%
Total Assets
-62.37%
Profit or Loss
-295.20%
Net Worth
-326.95%
EBITDA
-229.70%

What is the Ownership and Shareholding Structure of Iracis Process Engineers?

In 2020, Iracis Process Engineers 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

₹6.50 M

Charges Breakdown by Lending Institutions

  • Janakalyan Sahakari Bank Limited : 0.40 Cr
  • Janakalyan Sahakari Bank Ltd. : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
24 Apr 2012Janakalyan Sahakari Bank Limited₹2.20 MSatisfied
25 Nov 2007Janakalyan Sahakari Bank Limited₹0.50 MSatisfied
25 Nov 2007Janakalyan Sahakari Bank Limited₹0.50 MSatisfied
17 Aug 2006Janakalyan Sahakari Bank Limited₹0.40 MSatisfied
17 Aug 2006Janakalyan Sahakari Bank Limited₹0.40 MSatisfied

How Many Employees Work at Iracis Process Engineers?

Unlock and access historical data on people associated with Iracis Process Engineers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iracis Process Engineers, 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 Iracis Process Engineers'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 Iracis Process Engineers

Recent activity within the organization

  • Annual General Meeting

    Iracis Process Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Iracis Process Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 24 Apr 2012 via Charge ID 10354546 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.

    21 Apr 2014

  • Charges

    A charge registered on 25 Nov 2007 via Charge ID 10077922 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.

    21 Apr 2014

  • Charges

    A charge registered on 25 Nov 2007 via Charge ID 10077923 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.

    21 Apr 2014

  • Charges

    A charge registered on 17 Aug 2006 via Charge ID 10016957 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.

    21 Apr 2014

Frequently asked questions

  • Iracis Process Engineers Private Limited was incorporated on 29 Jan 1998.

  • The authorized share capital of Iracis Process Engineers Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Iracis Process Engineers Private Limited.

    • Kunal Kamal Chokshi
    • Kamal Chokshi Chandrakant
    • Nakul Kamal Chokshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iracis Process Engineers Private Limited is 108 Creative Industrial Center 12 N.M. Joshi Marg, Lower Parel (East) India, Mumbai, Maharashtra, 400011.

  • The corporate identification number (CIN) of Iracis Process Engineers Private Limited is U51397MH1998PTC113322 and the company number is 113322 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Iracis Process Engineers Private Limited has fallen by -39.24%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Iracis Process Engineers Private Limited has experienced an downturn of -326.95%.

  • The most recent Balance Sheet for Iracis Process Engineers Private Limited was filed with the ROC on 31 Mar 2024.

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