About Ibea Elevators Private Limited
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Ibea Elevators Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC112313. Its GSTIN is 33AAECI2386J1ZH (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Dhinesh Balakrishnan and Selvakumar Ganapathy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Pl.No.43 4th Street V.V.Colony Adambakkam, Chennai, Tamil Nadu, India – 600088.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.92 Cr, a growth of 135% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Lakh (net margin 0.7%) and EBITDA of ₹2.03 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibeaelevators.com.
Company details
Contact details
Ibea Elevators Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ibeaelevators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPl.No.43 4th Street V.V.Colony Adambakkam, Chennai, Tamil Nadu, India – 600088
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Ibea Elevators Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ibea Elevators is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ibea Elevators Private Limited, buy the company report.
Financials of Ibea Elevators Private Limited
FY 2023 filings availableIbea Elevators Private Limited reported revenue of ₹1.92 Cr (up 135% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 135% growth in the latest year. EBITDA rose 83% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹2.03 Lakh | ||||
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| Net Profit (PAT) | ₹1.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Ibea Elevators Private Limited, buy the company report.
Board of directors of Ibea Elevators Private Limited
Ibea Elevators has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhinesh Balakrishnan | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Selvakumar Ganapathy Also directs: Thai Homes Private Limited, Ibea Design Studio Private Limited | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
Shareholding
The shareholding of Ibea Elevators Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ibea Elevators Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ibea Elevators Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ibea Elevators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ibea Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECI2386J1ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ibea Elevators Private Limited, buy the company report.
Recent activity
Ibea Elevators Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Venkatesh Sundaram ceased to be Director on 14 May 2020.
Frequently asked questions
Ibea Elevators is an active private limited company based in Chennai, Tamil Nadu, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 01 September 2016 (10+ years old) and is registered under CIN U74999TN2016PTC112313.
Ibea Elevators has 2 current directors:
- Dhinesh Balakrishnan - Director
- Selvakumar Ganapathy - Director
The latest financial statements of Ibea Elevators on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ibea Elevators is 33AAECI2386J1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ibea Elevators is U74999TN2016PTC112313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibea Elevators was incorporated on 01 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Venkatesh Sundaram ceased to be Director on 14 May 2020. Vinoth Kumar Dhanasethu ceased to be Director on 14 May 2020. Dhinesh Balakrishnan was appointed as Director on 01 Sep 2016. Ibea Elevators has 4 board changes on record in total.
Ibea Elevators can be reached through the website ibeaelevators.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Ibea Elevators is at Pl.No.43 4th Street V.V.Colony Adambakkam, Chennai, Tamil Nadu, India – 600088.
Ibea Elevators operates in the machinery and equipment industry, in the material handling and storage equipment segment.