I-Red Projects Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 16 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.21 Cr
- Satisfied Charges ₹ 1.20 Cr
- Revenue Growth 458.34%
- Profit Growth -36.71%
- Ebitda -83.34%
- Net Worth 0.68%
- Total Assets -35.11%
About I-Red Projects
I-Red Projects Limited (IPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 July 2008 and has a history of 16 years and six months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as I-Red Concret & Allied Construction Private Limited. The Company is engaged in the Real Estate And Construction 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 2.00 Cr and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹4.21 Cr. The company has closed loans amounting to ₹1.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dipak Koley, Bikram Saraf, and Sudipta Kolay serve as directors at the Company.
Company Details
-
Location
Kolkata, West Bengal, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U45400WB2008PLC127958
-
Company No.
127958
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
29 Jul 2008
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at I-Red Projects?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bikram Saraf
|
Director | 01-Nov-2014 | Current |
|
Dipak Koley
|
Director | 29-Jul-2008 | Current |
|
Sudipta Kolay
|
Director | 29-Jul-2008 | Current |
Financial Performance of I-Red Projects.
I-Red Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 458.34% increase. The company also saw a substantial fall in profitability, with a 36.71% decrease in profit. The company's net worth moved up by a moderate rise of 0.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of I-Red Projects?
In 2023, I-Red Projects had a promoter holding of 20.52% and a public holding of 79.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Squarewood Projects Private LimitedBikram Saraf is a mutual person
-
Ired Carnation Developers LlpDipak Koley and Bikram Saraf are mutual person
-
Retreat Construction & Housing Private Limited
Dipak Koley is a mutual person
-
Naresh Exim Pvt. Ltd.
Dipak Koley and Sudipta Kolay are mutual person
-
Pioneer Max Minerals Pvt.Ltd.
Dipak Koley and Sudipta Kolay are mutual person
-
Viewmore Complex Private Limited
Dipak Koley and Sudipta Kolay are mutual person
Charges (Loans)
₹4.21 Cr
₹1.20 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 3.75 Cr
- Dena Bank : 0.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2019 | State Bank Of India | ₹1.25 Cr | Open |
| 17 Jan 2019 | State Bank Of India | ₹2.50 Cr | Open |
| 29 Aug 2016 | Dena Bank | ₹4.55 M | Open |
| 22 Sep 2011 | State Bank Of India | ₹1.20 Cr | Satisfied |
How Many Employees Work at I-Red Projects?
I-Red Projects has a workforce of 2 employees as of Apr 08, 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 I-Red Projects, 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 I-Red Projects'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.
