Isotex Corporation Private Limited

Designing and manufacturing efficient heating technologies for various fuels with multiple patents.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 05, 2024

Isotex Corporation Profile

Key Indicators

  • Authorised Capital ₹ 1.32 Cr
  • Paid Up Capital ₹ 5.58 M
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.72 Cr
  • Satisfied Charges ₹ 31.00 Cr
  • Revenue Growth 87.07%
  • Profit Growth 145.82%
  • Ebitda 147.70%
  • Net Worth 16.23%
  • Total Assets 22.67%

About Isotex Corporation

Isotex Corporation Private Limited (ICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 April 2012 and has a history of 12 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 1.32 Cr and a paid-up capital of Rs 5.58 M.

The company currently has active open charges totaling ₹24.72 Cr. The company has closed loans amounting to ₹31.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Siddharth Vadodaria and Karan Vadodaria serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    isotexboilers.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120GJ2012PTC070014

  • Company No.

    070014

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Apr 2012

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Isotex Corporation Private Limited offer?

Isotex Corporation Private Limited offers a wide range of products and services, including Boilers & Boiler Parts, Boiler, Steam Boilers, Heater, Thermostat & Heating Devices, Heater & Heating Components, Industrial Boilers, Industrial Heaters, Thermic Fluid Heaters.

Who are the key members and board of directors at Isotex Corporation?

Board Members (2)

Name Designation Appointment Date Status
Siddharth Vadodaria Country flag representing In Director 20-Apr-2012 Current
Karan Vadodaria Country flag representing In Director 20-Apr-2012 Current

Financial Performance of Isotex Corporation.

Isotex Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.07% increase. The company also saw a substantial improvement in profitability, with a 145.82% increase in profit. The company's net worth Soared by an impressive increase of 16.23%.

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
87.07%
Revenue from Operations
88.00%
Total Assets
22.67%
Profit or Loss
145.82%
Net Worth
16.23%
EBITDA
147.70%

What is the Ownership and Shareholding Structure of Isotex Corporation?

In 2023, Isotex Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.72 Cr

Satisfied Charges

₹31.00 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 24.72 Cr

Latest Charge Details

Date Lender Amount Status
22 Oct 2020 The Hongkong And Shanghai Banking Corporation Limited ₹2.22 M Open
17 Dec 2019 The Hongkong And Shanghai Banking Corporation Limited ₹20.00 Cr Open
03 Dec 2019 The Hongkong And Shanghai Banking Corporation Limited ₹4.50 Cr Open
16 Feb 2015 Others ₹15.50 Cr Satisfied
29 Mar 2013 Others ₹15.50 Cr Satisfied

How Many Employees Work at Isotex Corporation?

Isotex Corporation has a workforce of 32 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Isotex Corporation, 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 Isotex Corporation'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 Isotex Corporation

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 4.50 Cr registered on 03 Dec 2019 with Charge ID 100315049 was modified on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 0.22 Cr registered on 22 Oct 2020 with Charge ID 100394531 was modified on 21 Dec 2023.

    21 Dec 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 20.00 Cr registered on 17 Dec 2019 with Charge ID 100315051 was modified on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

    Isotex Corporation Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Isotex Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.22 Cr with Charge ID 100394531 was registered on 22 Oct 2020.

    22 Oct 2020

Frequently asked questions

  • Isotex Corporation Private Limited was incorporated on 20 Apr 2012.

  • The authorized share capital of Isotex Corporation Private Limited is ₹ 1.32 Cr and paid-up capital is ₹ 5.58 M.

  • Currently 2 directors are associated with Isotex Corporation Private Limited.

    • Siddharth Rajeshbhai Vadodaria
    • Karan Rajeshbhai Vadodaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Isotex Corporation Private Limited is 181/2 & 3 & 178/1/CGidc Industrial Estate Naroda Ie Naroda, Ahmedabad, Gujarat, India, 382330.

  • The corporate identification number (CIN) of Isotex Corporation Private Limited is U29120GJ2012PTC070014 and the company number is 070014 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Isotex Corporation Private Limited is https://www.isotexboilers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Isotex Corporation Private Limited has risen by 87.07%.

  • As Per 2023 financial reports, 32 employees are currently employed by Isotex Corporation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Isotex Corporation Private Limited has experienced an upsurge of 16.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Isotex Corporation Private Limited amount to ₹ 24.72 Cr.

  • The most recent Balance Sheet for Isotex Corporation Private Limited was filed with the ROC on 31 Mar 2023.

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