Ipg Asia Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 14 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- 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 14 years. Its registered office is in Daman, Daman & 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 2024. 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. Jeffrey Crystal, Prashant Mehta, Mukesh Mishra, and Two other members serve as directors at the Company.
Company Details
- Location
Daman, Daman & Diu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
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
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Goa
Industry
Packaging
Ipg Asia Private Limited
Explore comprehensive data for Ipg Asia Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ipg Asia?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Mishra  | Managing Director | 23-Sep-2022 | Current |
| Rashmi Jain | CFO | 24-Aug-2023 | 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 LimitedJeffrey Crystal, Prashant Mehta and 1 more are mutual person
Charges (Loans)
Open Charges
₹15.00 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Ipg Asia
Recent activity within the organization
- Annual General Meeting
Ipg Asia Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Balance Sheet
Ipg Asia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
- Director Appointment
Prashant Mahipat Mehta was appointed as a Director was appointed as a Director on 01 Oct 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Peter Christian Durette was appointed as a Director was appointed as a Director on 01 Oct 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Emmanuel Gerard Claude Boullay was appointed as a Director was appointed as a Director on 13 Sep 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Rashmi Jain was appointed as a Cfo was appointed as a Cfo on 24 Aug 2023 & has been associated with this company since 1 year 8 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Ipg Asia Private Limited?
Ipg Asia Private Limited was incorporated on 02 May 2011.
What is authorized share capital and paid-up capital of Ipg Asia Private Limited?
The authorized share capital of Ipg Asia Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Ipg Asia Private Limited?
Currently 6 directors are associated with Ipg Asia Private Limited.
- Jeffrey Richard Crystal
- Prashant Mahipat Mehta
- Mukesh Chandra Mishra
- Emmanuel Gerard Claude Boullay
- Rashmi Jain
- Peter Christian Durette
What is the registered address of Ipg Asia Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ipg Asia Private Limited is Survey No. 354/3 4 5 Kachigam, And Diu India, Daman, Daman And Diu, 396210.
What is the corporate identification number (CIN) and company number of Ipg Asia Private Limited?
The corporate identification number (CIN) of Ipg Asia Private Limited is U24110DD2011PTC004695 and the company number is 004695 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ipg Asia Private Limited?
The Official website of Ipg Asia Private Limited is https://www.itape.com
What has been the recent revenue trend for Ipg Asia Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ipg Asia Private Limited has fallen by -25.30%.
How many employees does Ipg Asia Private Limited currently have?
As Per 2023 financial reports, 245 employees are currently employed by Ipg Asia Private Limited.
What change has been observed in the net worth of Ipg Asia Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ipg Asia Private Limited has experienced an upsurge of 9.24%.
What are the total open charges for Ipg Asia Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ipg Asia Private Limited amount to ₹ 15.00 Cr.
When was the last Balance Sheet of Ipg Asia Private Limited filed with the ROC?
The most recent Balance Sheet for Ipg Asia Private Limited was filed with the ROC on 31 Mar 2024.
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