Iron Triangle Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.62 Cr
- Company Age 22 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,023.96 Cr
- Satisfied Charges ₹ 568.17 Cr
- Revenue Growth 14.96%
- Profit Growth 11.82%
- Ebitda 7.28%
- Net Worth 9.32%
- Total Assets -3.24%
About Iron Triangle
Iron Triangle Limited (ITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 2002 and has a history of 22 years and six months. Its registered office is in Rajkot, Gujarat, India.
The Corporate was formerly known as Backbone Enterprises Limited. The Company is engaged in the Infrastructure And Utilities 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 10.00 Cr and a paid-up capital of Rs 6.62 Cr.
The company currently has active open charges totaling ₹1,023.96 Cr. The company has closed loans amounting to ₹568.17 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kishorkumar Viramgama, Bhovan Rangani, Trupalkumar Patel, and Three other members serve as directors at the Company.
Company Details
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Location
Rajkot, 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
U45203GJ2002PLC040988
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Company No.
040988
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
23 Jul 2002
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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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 Iron Triangle?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kishorkumar Viramgama
|
Managing Director | 23-Jul-2002 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Bhovan Rangani
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Whole-Time Director | 23-Jul-2002 | Current |
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Trupalkumar Patel
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Director | 13-Jul-2018 | Current |
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Ankur Pachani
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Whole-Time Director | 15-Oct-2019 | Current |
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Megha Samdani
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Director | 01-Apr-2022 | Current |
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Abhijeet Javia
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Director | 15-Feb-2024 | Current |
Financial Performance of Iron Triangle.
Iron Triangle Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.96% increase. The company also saw a substantial improvement in profitability, with a 11.82% increase in profit. The company's net worth moved up by a moderate rise of 9.32%.
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What is the Ownership and Shareholding Structure of Iron Triangle?
In 2023, Iron Triangle had a promoter holding of 100.00%. The company had 1 Subsidiary 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)
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Mignesh Petrochem LlpAnkur Pachani is a mutual person
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Itl Solar 10Mw Private LimitedKishorkumar Viramgama, Bhovan Rangani and 1 more are mutual person
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Integrity Data Services Private LimitedTrupalkumar Patel is a mutual person
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Shah & Shah Infralink LlpKishorkumar Viramgama is a mutual person
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Florentina Realty Llp
Kishorkumar Viramgama is a mutual person
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Mhs Projects Llp
Kishorkumar Viramgama is a mutual person
Charges (Loans)
₹1,023.96 Cr
₹568.17 Cr
Charges Breakdown by Lending Institutions
- Others : 408.03 Cr
- Oriental Bank Of Commerce : 225.00 Cr
- Hdfc Bank Limited : 167.70 Cr
- Standard Chartered Bank : 123.00 Cr
- State Bank Of India : 90.00 Cr
- Others : 10.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2024 | Others | ₹50.00 Cr | Open |
| 30 Jun 2021 | Hdfc Bank Limited | ₹1.82 M | Open |
| 27 Mar 2019 | Hdfc Bank Limited | ₹29.43 Cr | Open |
| 26 Nov 2018 | Hdfc Bank Limited | ₹60.00 Cr | Open |
| 26 Jul 2018 | Others | ₹75.00 Cr | Open |
How Many Employees Work at Iron Triangle?
Iron Triangle has a workforce of 102 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 Iron Triangle, 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 Iron Triangle'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.
