Economy Refrigeration Private Limited - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 1971.
1971 Mumbai, Maharashtra, India Active
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About Economy Refrigeration Private Limited

Economy Refrigeration Private Limited, a active private limited company, was established on 23 April 1971 in Mumbai, Maharashtra, India. Engaging in industrial products retail & distribution within the trade sector, it holds CIN: U99999MH1971PTC015123. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹2.60 Cr.

Formerly known as Economy Refrigeration Limited. It upholds a compliant status. Employing 25 professional, Its leadership includes Rajesh Ahuja (Director), Manisha Ahuja (Director). Past directors included Ravish Kumar Ahuja, Rajesh Ahuja, Rewa Ravish Ahuja. It holds ₹37.13 Cr open charges and ₹6.20 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 1401 Cts No. 96/1 To 21 Vikas Centre Dr. C G Road Wadavali Village Chembur East, Mumbai, Maharashtra, 400074.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U99999MH1971PTC015123

  • Registration Number

    015123

  • Incorporation Date

    23 April 1971

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹2.60 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.60 Cr
  • Company Age 54 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.13 Cr
  • Satisfied Charges ₹ 6.20 Cr
  • Revenue Growth **** -61.07%
  • Profit Growth **** -90.03%
  • Ebitda **** -39.93%
  • Net Worth 0.46%
  • Total Assets -1.48%
Company report

Economy Refrigeration Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Economy Refrigeration Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Economy Refrigeration Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajesh Ahuja Director 23 Apr 1971 Current
Manisha Ahuja Director 27 Jan 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 18 May 2012 Past
Pramod Abcsdd Director 29 Mar 2013 Past

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Financial Performance of Economy Refrigeration.

Economy Refrigeration Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.07% decrease. The company also saw a substantial fall in profitability, with a 90.03% decrease in profit. The company's net worth moved up by a moderate rise of 0.46%.

Economy Refrigeration revenue growth over time
Economy Refrigeration profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -61.07%
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Revenue from Operations
*******
 -86.92%
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*******
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Total Assets
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 -1.48%
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*******
*******
*******
Profit or Loss
*******
 -90.03%
*******
*******
*******
*******
Net Worth
*******
 0.46%
*******
*******
*******
*******
EBITDA
*******
 -39.93%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Economy Refrigeration?

In 2023, Economy Refrigeration had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹371,260,000.00

Satisfied Charges

₹61,972,943.00

Charges Breakdown by Lending Institutions
  • Others : 34.59 Cr
  • Citibank N.A. : 2.50 Cr
  • Oriental Bank Of Commerce Limited : 0.04 Cr
Latest Charge Details
Date Lender Amount Status
27 Jul 2016 Others ₹34.59 Cr Open
29 Apr 2011 Citibank N.A. ₹2.50 Cr Open
06 Mar 2010 Oriental Bank Of Commerce Limited ₹0.38 M Open
29 May 2013 Standard Chartered Bank ₹2.25 Cr Satisfied
16 Apr 2013 Standard Chartered Bank ₹2.25 Cr Satisfied

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How Many Employees Work at Economy Refrigeration?

Economy Refrigeration has a workforce of 25 employees as of Mar 22, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economy Refrigeration, 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 Economy Refrigeration'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.

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Latest Updates, News, and FAQs on Economy Refrigeration
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 34.59 Cr registered on 27 Jul 2016 with Charge ID 100047044 was modified on 25 Jul 2024. was recorded as a recent event.

  • Annual General Meeting

    Economy Refrigeration Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Economy Refrigeration Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge registered on 29 May 2013 via Charge ID 10428596 with Standard Chartered Bank was fully satisfied on 11 Jun 2019. was recorded as a recent event.

  • Charges

    A charge registered on 16 Apr 2013 via Charge ID 10421396 with Standard Chartered Bank was fully satisfied on 06 Jun 2019. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 23 Jun 2010 via Charge ID 10233054 with The Cosmos Co-Op Bank Ltd was fully satisfied on 24 Dec 2018. was documented.

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Frequently Asked Questions
What is the CIN of Economy Refrigeration Private Limited?

The CIN of Economy Refrigeration Private Limited is U99999MH1971PTC015123.

Where is Economy Refrigeration Private Limited headquartered?

Economy Refrigeration Private Limited is headquartered at 1401 Cts No. 96/1 To 21 Vikas Centre Dr. C G Road Wadavali Village Chembur East, Mumbai, Maharashtra, 400074.

When was Economy Refrigeration Private Limited incorporated?

Economy Refrigeration Private Limited was incorporated on 23 April 1971.

Who are the current directors of Economy Refrigeration Private Limited?

The current directors of Economy Refrigeration Private Limited are

What is the primary industry of Economy Refrigeration Private Limited?

The primary industry of Economy Refrigeration Private Limited is Trade.

Is Economy Refrigeration Private Limited a listed company?

Economy Refrigeration Private Limited is unlisted.

What is the capital structure of Economy Refrigeration Private Limited?

The authorized capital of Economy Refrigeration Private Limited is ₹4.00 Cr, and the paid-up capital is ₹2.60 Cr.

What is the compliance status of Economy Refrigeration Private Limited?

The compliance status of Economy Refrigeration Private Limited is Compliant.

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