Ipg Asia Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.00 Cr
- Satisfied Charges ₹ 232.29 Cr
- Revenue Growth -25.30%
- Profit Growth -75.28%
- Ebitda -47.37%
- Net Worth 9.24%
- Total Assets -2.82%
About Ipg Asia
Ipg Asia Private Limited (IAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2011 and has a history of 13 years and nine months. Its registered office is in Daman, Daman And Diu, India.
The Corporate was formerly known as Powerband Industries Private Limited. The Company is engaged in the Packaging 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 5.00 M.
The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹232.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ipg Asia Private Limited India is Rashmi Jain as CFO. Prashant Mehta, Jeffrey Crystal, Emmanuel Boullay, and Two other members serve as directors at the Company.
Company Details
- Location
Daman, Daman And Diu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24110DD2011PTC004695
- Company No.
004695
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 2011
- Date of AGM
31 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Who are the key members and board of directors at Ipg Asia?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rashmi Jain | CFO | 27-Jun-2023 | Current |
Mukesh Mishra  | Managing Director | 23-Sep-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prashant Mehta  | Director | 01-Oct-2023 | Current |
Jeffrey Crystal  | Director | 16-Sep-2016 | Current |
| Emmanuel Boullay | Director | 13-Sep-2023 | Current |
| Peter Durette | Director | 01-Oct-2023 | Current |
Financial Performance of Ipg Asia.
Ipg Asia Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.3% decrease. The company also saw a substantial fall in profitability, with a 75.28% decrease in profit. The company's net worth moved up by a moderate rise of 9.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ipg Asia?
In 2023, Ipg Asia 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)
Capstone Polyweave Private LimitedPrashant Mehta, Jeffrey Crystal and 1 more are mutual person
Charges (Loans)
₹15.00 Cr
₹232.29 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jun 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.00 Cr | Open |
| 12 Oct 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹140.00 Cr | Satisfied |
| 19 Nov 2012 | Icici Bank Limited | ₹5.47 Cr | Satisfied |
| 25 Sep 2012 | Icici Bank Limited | ₹9.41 Cr | Satisfied |
| 25 Sep 2012 | Icici Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Ipg Asia?
Ipg Asia has a workforce of 245 employees as of Mar 28, 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 Ipg Asia, 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 Ipg Asia'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.
