Iris Products Profile
Key Indicators
- Authorised Capital ₹ 8.55 Cr
- Paid Up Capital ₹ 8.42 Cr
- Company Age 51 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 41.13 Cr
- Revenue Growth -50.54%
- Profit Growth 8.47%
- Ebitda -8.07%
- Net Worth -111.57%
- Total Assets -28.49%
About Iris Products
Iris Products Private Limited (IPPL) was founded in India on 31 December 1973 and has a glorious history of 51 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Anang Industries Pvt Ltd. The Company is engaged in the Agriculture 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 8.55 Cr and a paid-up capital of Rs 8.42 Cr.
The company has closed loans amounting to ₹41.13 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Arjun Lalbhai, Rupalben Lalbhai, and Anangbhai Lalbhai serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17119GJ1973PTC002451
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Company No.
002451
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Dec 1973
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Iris Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anangbhai Lalbhai
|
Managing Director | 29-Jan-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Arjun Lalbhai
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Whole-Time Director | 05-Nov-2010 | Current |
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Rupalben Lalbhai
|
Director | 27-Jan-1992 | Current |
Financial Performance of Iris Products.
Iris Products Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.54% decrease. The company also saw a slight improvement in profitability, with a 8.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 111.57%.
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What is the Ownership and Shareholding Structure of Iris Products?
In 2023, Iris Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Gulmohar Greens-Golf And Country Club LimitedAnangbhai Lalbhai is a mutual person
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Pelican Commercial LlpArjun Lalbhai and Anangbhai Lalbhai are mutual person
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Zeus Precision Products Llp
Arjun Lalbhai, Rupalben Lalbhai and 1 more are mutual person
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Phoenix Fabrics Llp
Arjun Lalbhai, Rupalben Lalbhai and 1 more are mutual person
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Aranya Realty Llp
Arjun Lalbhai, Rupalben Lalbhai and 1 more are mutual person
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Afar Trading And Commercial Llp
Arjun Lalbhai, Rupalben Lalbhai and 1 more are mutual person
Charges (Loans)
₹0
₹41.13 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 36.50 Cr
- Others : 3.50 Cr
- Hdfc Bank Limited : 1.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2020 | Others | ₹3.50 Cr | Satisfied |
| 07 Feb 2014 | Idbi Bank Limited | ₹18.25 Cr | Satisfied |
| 07 Feb 2014 | Idbi Bank Limited | ₹18.25 Cr | Satisfied |
| 27 Nov 2012 | Hdfc Bank Limited | ₹9.45 M | Satisfied |
| 27 Nov 2012 | Hdfc Bank Limited | ₹1.89 M | Satisfied |
How Many Employees Work at Iris Products?
Iris Products has a workforce of 4 employees as of Apr 07, 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 Iris Products, 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 Iris Products'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.
