Yg-1 Industries India Profile
Key Indicators
- Authorised Capital ₹ 44.00 Cr
as on 09-07-2024
- Paid Up Capital ₹ 42.32 Cr
as on 09-07-2024
- Company Age 22 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.50 Cr
as on 09-07-2024
- Satisfied Charges ₹ 7.50 Cr
as on 09-07-2024
- Revenue -62.49%
(FY 2022)
- Profit -115.70%
(FY 2022)
- Ebitda -106.84%
(FY 2022)
- Net Worth -2.37%
(FY 2022)
- Total Assets -59.19%
(FY 2022)
About Yg-1 Industries India
The Company is engaged in the Engineering 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 44.00 Cr and a paid-up capital of Rs 42.32 Cr.
The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yunkyun Yu, Tarang Parikh, and Seungil Baek serve as directors at the Company.
- CIN/LLPIN
U29299KA2002PTC097741
- Company No.
097741
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Oct 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore Rural, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Yg-1 Industries India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tarang Parikh  | Managing Director | 12-Jan-2018 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yunkyun Yu  | Director | 01-Mar-2016 | Current |
| Seungil Baek | Director | 28-Jun-2023 | Current |
Financial Performance of Yg-1 Industries India.
Yg-1 Industries India Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 62.49% decrease. The company also saw a substantial fall in profitability, with a 115.7% decrease in profit. The company's net worth dipped by a decrease of 2.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Yg-1 Industries India?
In 2022, Yg-1 Industries India 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)
Yg Cutting Tools Corporation Private LimitedActive 17 years 19 daysYunkyun Yu, Tarang Parikh and 1 more are mutual person
Yg-1 India Private LimitedActive 1 year 11 monthsYunkyun Yu, Tarang Parikh and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Standard Chartered Bank Creation Date: 25 Nov 2006 | ₹4.50 Cr | Open |
Uti Bank Limited Creation Date: 16 Mar 2005 | ₹3.75 Cr | Satisfied |
Uti Bank Limited Creation Date: 01 Mar 2005 | ₹3.75 Cr | Satisfied |
How Many Employees Work at Yg-1 Industries India?
Yg-1 Industries India has a workforce of 0 employees as of Apr 07, 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 Yg-1 Industries 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 Yg-1 Industries India'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.
