About
Basic Data Updated:
4 months agoElectrotherm Limited (EIL) is a renowned Indian company and a global leader in the production of highly efficient steel melting equipment. With a focus on providing comprehensive solutions, EIL stands out among the few manufacturers of steel melting equipment that offer complete EPC projects for fully integrated steel plants, capable of processing raw materials into finished rolled products. As an engineering, steel, and EV company, EIL specializes in manufacturing capital equipment for the steel industry, including TMT bars, Ductile Iron (DI) pipes, and battery-operated electric vehicles. With over 6000 installations in 71 countries worldwide, EIL is one of the largest manufacturers of induction melting furnaces and refining equipment for steel production. The company is highly regarded ... Read More
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Electrotherm (India) Limited
Industrial Furnaces
Arc Furnaces
Melting Furnaces
Industrial Heaters
Financials of Electrotherm (India) Limited
Electrotherm (India) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.21% decrease. The company also saw a substantial improvement in profitability, with a 40.73% increase in profit. The company's net worth moved up by a moderate rise of 6.65%.
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Corporate Structure
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People in Electrotherm (India) Limited
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Executive Team (3)
SB
Shailesh Bhandari
Managing DirectorAppointment Date: 29-Mar-2007
Status: Current
JS
Jigar Shah Company SecretaryAppointment Date: 02-Aug-2022
Status: Current
CS
Chiragkumar Shah CFOAppointment Date: 24-May-2023
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Central Bank Of India Creation Date: 29 Dec 2011 | ₹462.86 Cr | Open |
Others Creation Date: 18 Nov 2011 | ₹200.00 Cr | Open |
Indian Overseas Bank Creation Date: 18 Nov 2011 | ₹100.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Electrotherm Engineering & Projects Limited
Active
16 years 1 month Mukesh Bhandari and Shailesh Bhandari are mutual person
Electrotherm Services Limited
Active 28 years 6 months Mukesh Bhandari and Shailesh Bhandari are mutual person
Recent activity within the organization
Annual General Meeting
Electrotherm (India) Limited last Annual general meeting of members was held on 09 Aug 2023 as per latest MCA records.
09 Aug 2023Balance Sheet
Electrotherm (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Charges
A charge with Others of Rs. 1,224.90 cr registered on 27 Nov 2008 with Charge ID 10133263 was modified on 28 Jan 2020.
28 Jan 2020Charges
A charge with Others of Rs. 1,224.90 cr registered on 24 Feb 2006 with Charge ID 80032399 was modified on 28 Jan 2020.
28 Jan 2020Charges
A charge registered on 30 Aug 2008 via Charge ID 10121410 with International Finance Corporation (Ifc) was fully satisfied on 27 Dec 2019.
27 Dec 2019
Recent News, Updates & Announcement
Electrotherm India enters into settlement agreement with IFC.Business Standard 19 Jul 2018
- Electrotherm India appoints Nivedita Sarda as an additional director.
We would like to inform you that the appointment of Ms Nivedita Sarda DIN 00938666 as an Additional Director in the category of NonExecutive Independent Woman Director The brief profile of Ms Nivedita Sarda Independent Director is enclosed herewith.
Moneycontrol 25 May 2018
Frequently asked questions
What is the Incorporation or founding date of Electrotherm (India) Limited?
