Yg-1 Industries India Private Limited

Founded in 2002 and headquartered in Karnataka, India.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: January 07, 2025

Yg-1 Industries India Profile

Key Indicators

  • Authorised Capital ₹ 44.00 Cr
  • Paid Up Capital ₹ 42.32 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.50 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth -62.49%
  • Profit Growth -115.70%
  • Ebitda -106.84%
  • Net Worth -2.37%
  • Total Assets -59.19%

About Yg-1 Industries India

Yg-1 Industries India Private Limited (YIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 October 2002 and has a history of 22 years and three months. Its registered office is in Bangaluru, Karnataka, 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 2024. 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.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299KA2002PTC097741

  • Company No.

    097741

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Oct 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

Who are the key members and board of directors at Yg-1 Industries India?

Executive Team (1)

Name Designation Appointment Date Status
Tarang Parikh Country flag representing In Managing Director 12-Jan-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Yunkyun Yu Country flag representing Kr Director 01-Mar-2016 Current
Seungil Baek Country flag representing Kr 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%.

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
-62.49%
Revenue from Operations
-61.92%
Total Assets
-59.19%
Profit or Loss
-115.70%
Net Worth
-2.37%
EBITDA
-106.84%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 Cr

Satisfied Charges

₹7.50 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 4.50 Cr

Latest Charge Details

Date Lender Amount Status
25 Nov 2006 Standard Chartered Bank ₹4.50 Cr Open
16 Mar 2005 Uti Bank Limited ₹3.75 Cr Satisfied
01 Mar 2005 Uti Bank Limited ₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Yg-1 Industries India

Recent activity within the organization

  • Annual General Meeting

    Yg-1 Industries India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Yg-1 Industries India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Seungil Baek was appointed as a Director was appointed as a Director on 28 Jun 2023 & has been associated with this company since 1 year 7 months .

    28 Jun 2023

  • Director Appointment

    Tarang Vithaldas Parikh was appointed as a Managing Director was appointed as a Managing Director on 12 Jan 2018 & has been associated with this company since 7 years 26 days .

    12 Jan 2018

  • Director Appointment

    Yunkyun Yu was appointed as a Director was appointed as a Director on 01 Mar 2016 & has been associated with this company since 8 years 11 months .

    01 Mar 2016

  • Charges

    A charge registered on 16 Mar 2005 via Charge ID 80020480 with Uti Bank Limited was fully satisfied on 30 Dec 2006.

    30 Dec 2006

Frequently asked questions

  • Yg-1 Industries India Private Limited was incorporated on 31 Oct 2002.

  • The authorized share capital of Yg-1 Industries India Private Limited is ₹ 44.00 Cr and paid-up capital is ₹ 42.32 Cr.

  • Currently 3 directors are associated with Yg-1 Industries India Private Limited.

    • Yunkyun Yu
    • Tarang Vithaldas Parikh
    • Seungil Baek
  • As per Ministry of Corporate Affairs (Mca), the registered address of Yg-1 Industries India Private Limited is Plot No. 2C Obedanahalli(Doddaballapura Iii Phase) Industrialarea Kasaba Hobli, Doddaballapu Ra Taluk India, Bangalore, Karnataka, 561203.

  • The corporate identification number (CIN) of Yg-1 Industries India Private Limited is U29299KA2002PTC097741 and the company number is 097741 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Yg-1 Industries India Private Limited is https://www.yg1.kr

  • According to the financial reports for the fiscal year 2022, the revenue trend for Yg-1 Industries India Private Limited has fallen by -62.49%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Yg-1 Industries India Private Limited has experienced an downturn of -2.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Yg-1 Industries India Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Yg-1 Industries India Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Engineering Components Retail & Distribution