Eimco Elecon (India ) Limited - Company Profile

Q: Who are the current directors of Eimco Elecon (India ) Limited?

The current directors of Eimco Elecon (India ) Limited are Rikenkumar Bhupendrabhai Dalwadi, Vishal Chhatrasingh Begwani, Mukulnarayan Dwivedi, Venkatraman Srinivasan, Kamlesh Nalin Shah, Sunil Chinubhai Vakil, Pradip Manubhai Patel, Prashant Chandrakant Amin, Jai Shishir Diwanji, Prayasvin Patel, Sonal Vimal Ambani, Vishal Begwani.

It is a machinery and equipment public limited company based in Anand, Gujarat, India, established in 1974.

1974 Anand, Gujarat, India Active

Last Updated: January 06, 2026

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About Eimco Elecon (India ) Limited

Eimco Elecon (India ) Limited, a active public limited company, was established on 31 July 1974 in Anand, Gujarat, India. Engaging in construction machinery & equipment within the manufacturing sector, it holds CIN: L29199GJ1974PLC002574. Registered under ROC Roc Ahmedabad. it is listed on BSE: 523708 and NSE: EIMCOELECO. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.77 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹183.18 Cr and a net worth of ₹348.87 Cr. Employing 117 professional, Its leadership includes Mukulnarayan Dwivedi (Whole-Time Director), Venkatraman Srinivasan (Director), Kamlesh Nalin Shah (Whole-Time Director). Past directors included Reena Bhagwati Pravin, Jal Patel, Nileshkumar Dhirubhai Shelat. It holds ₹141.00 Cr open charges and ₹45.82 Cr settled loans. Its latest AGM occurred on 25 June 2025, with the balance sheet filed on 31 March 2025. It is based at Anand Sojitra Road Anand Dist., Anand, Gujarat.

Company Details

CIN/LLPIN
L28249GJ1974PLC002574
Registration Number
002574
Incorporation Date
31 July 1974
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹5.77 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 523708, NSE: EIMCOELECO)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 06-01-2026
Paid Up Capital ₹ 5.77 Cr as on 06-01-2026
Company Age 51 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 141.00 Cr as on 06-01-2026
Satisfied Charges ₹ 45.82 Cr as on 06-01-2026
Revenue Growth **** 95.66% (FY 2023)
Profit Growth **** 144.94% (FY 2023)
Ebitda **** 163.57% (FY 2023)
Net Worth 5.83% (FY 2023)
Total Assets **** 6.81% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Eimco Elecon (India ) 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 Eimco Elecon (India ) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mukulnarayan Dwivedi	Whole-Time Director	10 Sep 2019	Current
Venkatraman Srinivasan	Director	24 Apr 2023	Current
Kamlesh Nalin Shah	Whole-Time Director	10 Sep 2025	Current
Sunil Chinubhai Vakil	Director	13 Sep 2024	Current
Pradip Manubhai Patel	Director	11 Jan 1996	Current
Prashant Chandrakant Amin	Director	25 Oct 2007	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	02 Aug 2017	Past
Pramod Abcsdd	Additional Director	30 Jul 2009	Past
Pramod Abcsdd	Cfo	30 Sep 2021	Past
Pramod Abcsdd	Director	28 Sep 2011	Past
Pramod Abcsdd	Additional Director	10 Aug 2020	Past
Pramod Abcsdd	Additional Director	27 Jun 2023	Past

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Financial Performance of Eimco Elecon (India ).

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%.

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

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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

********

95.66%

*******

Revenue from Operations

*******

104.51%

*******

Total Assets

*******

6.81%

*******

Profit or Loss

*******

144.94%

*******

Net Worth

*******

5.83%

*******

EBITDA

*******

163.57%

*******

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What is the Ownership and Shareholding Structure of Eimco Elecon (India )?

In 2023, Eimco Elecon (India ) had a promoter holding of 74.06% and a public holding of 25.94%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹1,410,000,000.00

Satisfied Charges

₹458,200,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 65.00 Cr
Hdfc Bank Limited : 40.00 Cr
Axis Bank Limited : 36.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Apr 2024	Hdfc Bank Limited	₹40.00 Cr	Open
26 Dec 2023	Axis Bank Limited	₹36.00 Cr	Open
09 Feb 2009	State Bank Of India	₹24.00 Cr	Open
14 Mar 1992	State Bank Of India	₹41.00 Cr	Open
18 Mar 2019	State Bank Of India	₹1.42 Cr	Satisfied

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How Many Employees Work at Eimco Elecon (India )?

Eimco Elecon (India ) has a workforce of 117 employees as of Apr 05, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Eimco Elecon (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 Eimco Elecon (India )'s trajectory.

Rating

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

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 Eimco Elecon (India )

Recent Activity within the Organization

Director Appointment

Progress on Kamlesh Nalin Shah was appointed as a Whole-time director was appointed as a Whole-time director on 10 Sep 2025 & has been associated with this company since 5 months 25 days . was documented.
10 Sep 2025
Annual General Meeting

Progress on Eimco Elecon (India ) Limited last Annual general meeting of members was held on 25 Jun 2025 as per latest MCA records. was documented.
25 Jun 2025
Director Appointment

Sonal Vimal Ambani was appointed as a Director was appointed as a Director on 23 Apr 2025 & has been associated with this company since 10 months 12 days . was recorded as a recent event.
23 Apr 2025
Balance Sheet

The activity Eimco Elecon (India ) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Director Appointment

The activity Sunil Chinubhai Vakil was appointed as a Director was appointed as a Director on 13 Sep 2024 & has been associated with this company since 1 year 5 months . was completed.
13 Sep 2024
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100918954 was registered on 24 Apr 2024. was completed.
24 Apr 2024

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