Ironite Company Of India Limited

Manufactures and exports construction chemicals for flooring, including dry shakes and hardeners.

1959 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 05, 2024

Ironite Company Of India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 65 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 19.10%
  • Profit Growth -96.75%
  • Ebitda 471.12%
  • Net Worth 0.04%
  • Total Assets -0.06%

About Ironite Company Of India

Ironite Company Of India Limited (ICOIL) was founded in India on 25 November 1959 and has a glorious history of 65 years and two months.Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Vidhi Parikh, Paresh Parikh, and Smruti Parikh serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ironitefloors.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26959GJ1959PLC042947

  • Company No.

    042947

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1959

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Ironite Company Of India Limited offer?

Ironite Company Of India Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Tile and Floor Hardeners, Building and Flooring Services, Building Repair Services, Cement and Concrete, Cement Grout & Grouting compounds, Bonding Agents.

Who are the key members and board of directors at Ironite Company Of India?

Board Members (3)

Name Designation Appointment Date Status
Vidhi Parikh Country flag representing In Director 01-Apr-2010 Current
Paresh Parikh Country flag representing In Director 01-Oct-1998 Current
Smruti Parikh Country flag representing In Director 01-Oct-1998 Current

Financial Performance of Ironite Company Of India.

Ironite Company Of India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.1% increase. The company also saw a substantial fall in profitability, with a 96.75% decrease in profit. The company's net worth moved up by a moderate rise of 0.04%.

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
19.10%
Revenue from Operations
29.01%
Total Assets
-0.06%
Profit or Loss
-96.75%
Net Worth
0.04%
EBITDA
471.12%

What is the Ownership and Shareholding Structure of Ironite Company Of India?

In 2023, Ironite Company Of India had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ironite Company Of India?

Unlock and access historical data on people associated with Ironite Company Of India, 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 Ironite Company Of India, 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 Ironite Company Of India'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 Ironite Company Of India

Recent activity within the organization

  • Annual General Meeting

    Ironite Company Of India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ironite Company Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Vidhi Paresh Parikh was appointed as a Director was appointed as a Director on 01 Apr 2010 & has been associated with this company since 14 years 10 months .

    01 Apr 2010

  • Director Appointment

    Paresh Rasiklal Parikh was appointed as a Director was appointed as a Director on 01 Oct 1998 & has been associated with this company since 26 years 4 months .

    01 Oct 1998

  • Director Appointment

    Smruti Paresh Parikh was appointed as a Director was appointed as a Director on 01 Oct 1998 & has been associated with this company since 26 years 4 months .

    01 Oct 1998

  • Company Incorporation

    Ironite Company Of India Limited was registered on 25 Nov 1959 with Roc Ahmedabad & aged 65 years 2 months as per MCA records.

    25 Nov 1959

Frequently asked questions

  • Ironite Company Of India Limited was incorporated on 25 Nov 1959.

  • The authorized share capital of Ironite Company Of India Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Ironite Company Of India Limited.

    • Vidhi Paresh Parikh
    • Paresh Rasiklal Parikh
    • Smruti Paresh Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ironite Company Of India Limited is 704 705 Akshat Towernr Popular Wheelers S G Road, Ahmedabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Ironite Company Of India Limited is U26959GJ1959PLC042947 and the company number is 042947 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ironite Company Of India Limited is https://www.ironitefloors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ironite Company Of India Limited has risen by 19.10%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ironite Company Of India Limited has experienced an upsurge of 0.04%.

  • The most recent Balance Sheet for Ironite Company Of India Limited was filed with the ROC on 31 Mar 2023.

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