Issojet Burner Private Limited

Manufactures kilns, furnaces, burners, solar power generators, and biomass gasifiers for various industries.

1991 | Hosur, Tamil Nadu (India) | Active
Last Updated: July 30, 2024

Issojet Burner Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.62 M
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.42 Cr
  • Satisfied Charges ₹ 1.38 Cr
  • Revenue Growth -47.94%
  • Profit Growth 106.70%
  • Ebitda 20.28%
  • Net Worth 1.44%
  • Total Assets 11.94%

About Issojet Burner

Issojet Burner Private Limited (IBPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 1991 and has a history of 33 years and four months. Its registered office is in Hosur, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 8.62 M.

The company currently has active open charges totaling ₹5.42 Cr. The company has closed loans amounting to ₹1.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kandasamychettiar Ramalingam and Kandasamy Dhurai serve as directors at the Company.

Company Details

  • Location

    Hosur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    issojet.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31103TZ1991PTC003479

  • Company No.

    003479

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

What products or services does Issojet Burner Private Limited offer?

Issojet Burner Private Limited offers a wide range of products and services, including Dryers & Evaporators, Dryers, Industrial Valves & Valve Fittings, Industrial Valves, Induction Cooktops, Hobs & Burners, Industrial Burners, Industrial Furnaces & Ovens, Chimney, Gas Cylinders and Accessories, LPG Cylinder Accessories.

Who are the key members and board of directors at Issojet Burner?

Executive Team (1)

NameDesignationAppointment DateStatus
Kandasamychettiar Ramalingam Country flag representing In Managing Director23-Oct-1991Current

Board Members (1)

NameDesignationAppointment DateStatus
Kandasamy Dhurai Country flag representing In Director 01-Oct-2010Current

Financial Performance of Issojet Burner.

Issojet Burner Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.94% decrease. The company also saw a substantial improvement in profitability, with a 106.7% increase in profit. The company's net worth moved up by a moderate rise of 1.44%.

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
-47.94%
Revenue from Operations
-49.75%
Total Assets
11.94%
Profit or Loss
106.70%
Net Worth
1.44%
EBITDA
20.28%

What is the Ownership and Shareholding Structure of Issojet Burner?

In 2023, Issojet Burner had a promoter holding of 94.66% and a public holding of 5.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.42 Cr

Satisfied Charges

₹1.38 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 5.42 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2022Canara Bank₹0.80 MOpen
30 Dec 2000Canara Bank₹0.12 MOpen
20 Mar 2000Canara Bank₹5.33 CrOpen
25 Jul 2014Small Industries Development Bank Of India (Sidbi)₹1.00 CrSatisfied
21 Apr 2009Small Industries Development Bank Of India₹3.80 MSatisfied

How Many Employees Work at Issojet Burner?

Issojet Burner has a workforce of 22 employees as of Mar 31, 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 Issojet Burner, 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 Issojet Burner'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 Issojet Burner

Recent activity within the organization

  • Annual General Meeting

    Issojet Burner Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Issojet Burner Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 5.33 Cr registered on 20 Mar 2000 with Charge ID 90001048 was modified on 23 Sep 2022.

    23 Sep 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 0.08 Cr with Charge ID 100572786 was registered on 03 Feb 2022.

    03 Feb 2022

  • Charges

    A charge registered on 25 Jul 2014 via Charge ID 10512121 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 03 Jul 2019.

    03 Jul 2019

  • Charges

    A charge with Small Industries Development Bank Of India (Sidbi) amounted to Rs. 1.00 Cr with Charge ID 10512121 was registered on 25 Jul 2014.

    25 Jul 2014

Frequently asked questions

  • What is the Incorporation or founding date of Issojet Burner Private Limited?

    Issojet Burner Private Limited was incorporated on 23 Oct 1991.

  • What is authorized share capital and paid-up capital of Issojet Burner Private Limited?

    The authorized share capital of Issojet Burner Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.62 M.

  • Who are the current board members & directors of Issojet Burner Private Limited?

    Currently 2 directors are associated with Issojet Burner Private Limited.

    • Kandasamychettiar Ramalingam
    • Kandasamy Ramalingam Dhurai
  • What is the registered address of Issojet Burner Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Issojet Burner Private Limited is No 13 Belectrical And Electronics Industrial Estate, Hosur, Tamil Nadu, India, 635109.

  • What is the corporate identification number (CIN) and company number of Issojet Burner Private Limited?

    The corporate identification number (CIN) of Issojet Burner Private Limited is U31103TZ1991PTC003479 and the company number is 003479 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Issojet Burner Private Limited?

    The Official website of Issojet Burner Private Limited is https://www.issojet.com

  • What has been the recent revenue trend for Issojet Burner Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Issojet Burner Private Limited has fallen by -47.94%.

  • How many employees does Issojet Burner Private Limited currently have?

    As Per 2023 financial reports, 22 employees are currently employed by Issojet Burner Private Limited.

  • What change has been observed in the net worth of Issojet Burner Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Issojet Burner Private Limited has experienced an upsurge of 1.44%.

  • What are the total open charges for Issojet Burner Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Issojet Burner Private Limited amount to ₹ 5.42 Cr.

  • When was the last Balance Sheet of Issojet Burner Private Limited filed with the ROC?

    The most recent Balance Sheet for Issojet Burner Private Limited was filed with the ROC on 31 Mar 2023.

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