Eimco Elecon (India ) Limited logo

Eimco Elecon (India ) Limited

This company manufactures underground mining equipment and tools, including loaders and dumpers, for coal mines.

1974 Anand, Gujarat (India) Active

About

Basic Data Updated:

28 days ago

According to the credit report, Eimco Elecon (India) Limited is involved in the production of rock-drilling tools and underground mining equipment. A wide range of underground mining machines, including air-powered rocker shovels, electro-hydraulic side-dump loaders, and electro-hydraulic and air-powered load-haul dumpers, are manufactured by EEIL and used as loading machines in underground coal mines. The company's manufacturing facilities are situated in Vallabh Vidyanagar, Gujarat. Recently, EEIL transferred its surface drilling product line to Sandvik Asia Pvt Ltd. Some of its prominent clients include Bharat Cooking Coal Ltd, Central Coalfields Ltd, Eastern Coalfields Ltd, Mahanadi Coalfields Ltd, South Eastern Coalfields Ltd, Western Coalfields Ltd, and others. Additionally, EEIL has successfully installed two Goliath cranes with a capacity of 10 MT. This company is a joint venture between the Elecon group and Sandvik AB.

Industry

Company Details

  • Location
    Anand, Gujarat
  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL29199GJ1974PLC002574
Company No.002574
Stock Symbol BSE : 523708 NSE : EIMCOELECO
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date31 Jul 1974
Date of AGM28 Jun 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Ahmedabad

Products or Services related to Eimco Elecon (India ) Limited

611  Universal Drill Machine

Drilling Rigs

23 HP Radial Piston Air Motor

Piston Pumps

150/1000B  Hopper Loader

Industrial Hopper

Load Haul Dumpers

Drum Handling Equipment

product
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Eimco Elecon (India ) Limited offers a wide range of products and services, including: Drilling & Boring Equipment, Drilling Rigs, Pumps, Pumping Machines & Spares, Piston Pumps, Material Handling Machines & Systems, Industrial Hopper, Drum Handling Equipment, Elevators & Escalators, Goods Lift, Radial Piston Motor.

Financials of Eimco Elecon (India ) Limited

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Eimco Elecon (India ) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 95.66% increase. The company also saw a substantial improvement in profitability, with a 144.94% increase in profit. The company's net worth moved up by a moderate rise of 5.83%.

Corporate Structure

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People in Eimco Elecon (India ) Limited

Executive Team (2)

  • VB

    Vishal Begwani In CFO

    Appointment Date: 01-Oct-2021

    Status: Current

  • RD

    Rikenkumar Dalwadi In Company Secretary

    Appointment Date: 29-Jan-2019

    Status: Current

Board Members(8)

Charges (Loans)

Open Charges Satisfied Charges

₹101.00 cr

₹45.82 cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 26 Dec 2023
₹36.00 CrOpen

State Bank Of India

Creation Date: 09 Feb 2009
₹24.00 CrOpen

State Bank Of India

Creation Date: 14 Mar 1992
₹41.00 CrOpen

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Director Appointment

    Jai Shishir Diwanji was appointed as a Director was appointed as a Director on 04 Apr 2024 & has been associated with this company since 1 month 13 days .

    04 Apr 2024
  • Activity

    Charges

    A charge with Axis Bank Limited amounted to Rs. 36.00 cr with Charge ID 100840861 was registered on 26 Dec 2023.

    26 Dec 2023
  • Activity

    Annual General Meeting

    Eimco Elecon (India ) Limited last Annual general meeting of members was held on 28 Jun 2023 as per latest MCA records.

    28 Jun 2023
  • Activity

    Director Appointment

    Venkatraman Srinivasan was appointed as a Director was appointed as a Director on 24 Apr 2023 & has been associated with this company since 1 year 25 days .

    24 Apr 2023
  • Activity

    Balance Sheet

    Eimco Elecon (India ) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Eimco Elecon (India ) Limited?

Eimco Elecon (India ) Limited was incorporated 49 years 9 months ago on 31 Jul 1974 with Registrar of Companies Roc Ahmedabad.

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