About Indovax
Indovax is a company based in Gorakhpur (India) founded in 1986. It operates as a permanent magnets and magnetic assemblies are manufactured for industrial applications. The company has 251 employees. Its chief executive is Deepak Kapur. Its Indian entity Indovax Private Limited reported revenue of ₹105 Cr.
Company details
Indovax was founded in 1986 in Gorakhpur, India, as a manufacturer of permanent magnets and magnetic assemblies. Magnetic separation systems, lifting devices, holding magnets, and instruments are produced, along with vibratory screens and feeders. Operations focus on industries such as food processing, pharmaceuticals, cement, chemicals, plastics, and steel, where magnetic energy is utilized for separating, holding, and lifting ferrous materials.
- Headquarters Gorakhpur, India
- Employees 251
- Email••••••••
- Phone•••• ••••
- Website indovax.com
- Social LinkedIn
- Legal Name Indovax Private Limited
- Date of Incorporation 23 Jun, 1986
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹105 Cr
FY 2024 · +6% YoY
- Net Profit₹5.18 Cr
FY 2024 · 5% margin
- EBITDA₹14.09 Cr
FY 2024 · 13% margin
- Employee Count251
Associated legal entities of Indovax
Indovax operates through Indovax Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indovax Private Limited CIN U74899DL1986PTC024582 | Active | 23 Jun 1986 | New Delhi, Delhi | ₹105 Cr | 251 | 3 | View details |
Board of directors of Indovax Private Limited (Indovax)
Indovax Private Limited is the primary company behind Indovax. The board of Indovax Private Limited currently have 3 directors; the longest-serving is Vinod Somnath Kapur, appointed in 1986. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinod Somnath Kapur DIN 00054739 | Managing Director | 23 Jun 1986 | 40 yrs 3 mo | Indovax Private Limited |
| Deepak Kapur DIN 00393080 | Director | 12 May 2006 | 20 yrs 5 mo | Indovax Private Limited |
| Rahul Kapur DIN 00020624 | Director | 20 Apr 2008 | 18 yrs 6 mo | Indovax Private Limited |
People of Indovax
1 people are tracked at Indovax (1 in leadership); the tracked headcount is 251.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for Indovax
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- Full employee list
- Team structure
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Financials of Indovax
Figures of Indovax Private Limited, the primary company behind Indovax, for FY 2024. Revenue was ₹105 Cr (+6% year on year). Net profit was ₹5.18 Cr (5% margin). EBITDA was ₹14.09 Cr (13% margin). Revenue has grown at a compounded annual rate of +9% over three years and +5% over five years.
- ₹105 CrRevenue · FY 2024 · +6% YoY
- ₹5.18 CrNet profit · 5% margin
- ₹14.09 CrEBITDA · 13% margin
- ₹4.16 CrPaid-up capital
- 251Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indovax Private Limited are on its company page.
Detailed financial statements for Indovax
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- Five-year trends
- Downloads
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Frequently Asked Questions about Indovax
Indovax was founded in 1986.
Indovax is headquartered in Gorakhpur, India. It is registered at Gorakhpur, Uttar Pradesh, India.
Deepak Kapur is the current CEO of Indovax.
Indovax has 251 employees.
The primary company behind Indovax, Indovax Private Limited, reported revenue of ₹105 Cr for FY 2024, up 6% year on year.
Indovax was founded in 1986 in Gorakhpur, India, as a manufacturer of permanent magnets and magnetic assemblies. Magnetic separation systems, lifting devices, holding magnets, and instruments are produced, along with vibratory screens and feeders. Operations focus on industries such as food processing, pharmaceuticals, cement, chemicals, plastics, and steel, where magnetic energy is utilized for separating, holding, and lifting ferrous materials.
Indovax operates through Indovax Private Limited.
The legal entities of Indovax currently have 3 directors, including Rahul Kapur, Vinod Somnath Kapur, Deepak Kapur.