Eon Electric Limited - Company Profile

Q: Who are the current directors of Eon Electric Limited?

The current directors of Eon Electric Limited are Vinay Mahendru, Arushi Bhardwaj, Kul Bhushan Satija, Ashish Bansal, Kulbhushan Satija, Vivek Mahendru, Shruti Kukreti, Ashok Kumar Gupta, Kulbhushan Satija.

It is a consumer electronics & durables public limited company based in Sonipat, Haryana, India, established in 1989.

1989 Sonipat, Haryana, India Under Cirp

Last Updated: June 24, 2025

Access Report

About Eon Electric Limited

Eon Electric Limited, a under cirp public limited company, was established on 06 November 1989 in Sonipat, Haryana, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: L31200HR1989PLC035580. Registered under ROC Roc Delhi. it is listed on BSE: 532658. It has an authorized capital of ₹12.50 Cr and a paid-up capital of ₹8.45 Cr.

Formerly known as Indo Asian Fusegear Limited, Indo Asian Fusegear (India) Limited. It upholds a compliant status. In 2019, it reported revenue of ₹83.99 Cr and a net worth of ₹100.97 Cr. Employing 4 professional, Its leadership includes Vinay Mahendru (Managing Director), Ashish Bansal (Director), Kulbhushan Satija (Cfo). Past directors included Ved Prakash Mahendru, Pranav Kumar Ranade, Vinay Mahendru. It holds ₹148.84 Cr open charges and ₹401.66 Cr settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Shastri Colony, Near Indian Sr. Secondary School Main Gohana, Sonipat Bye Pass, Sonipat, Haryana, 131001.

Company Details

CIN/LLPIN
L31200HR1989PLC035580
Registration Number
035580
Incorporation Date
06 November 1989
Authorized Capital
₹12.50 Cr
Paid-Up Capital
₹8.45 Cr
ROC Code
Roc Delhi
Listing Status
Listed (BSE: 532658)
Company Status
Under Cirp

Key Metrics

Authorised Capital ₹ 12.50 Cr as on 24-06-2025
Paid Up Capital ₹ 8.45 Cr as on 24-06-2025
Company Age 36 Year, 5 Months
Last Filing with ROC 31 Mar 2019
Open Charges ₹ 148.84 Cr as on 24-06-2025
Satisfied Charges ₹ 401.66 Cr as on 24-06-2025
Revenue Growth **** -48.73% (FY 2019)
Profit Growth **** -5599.43% (FY 2019)
Ebitda **** -313.08% (FY 2019)
Net Worth -19.07% (FY 2019)
Total Assets -27.05% (FY 2019)

Comprehensive Company Insights

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

Access Report

Who are the key members and board of directors at Eon Electric Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vinay Mahendru	Managing Director	24 Jun 2010	Current
Ashish Bansal	Director	01 Apr 2019	Current
Kulbhushan Satija	Cfo	12 Aug 2014	Current
Vivek Mahendru	Managing Director	12 May 2012	Current
Shruti Kukreti	Additional Director	21 Mar 2020	Current
Ashok Kumar Gupta	Director	01 Apr 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	15 Feb 2020	Past
Pramod Abcsdd	Managing Director	23 Mar 2013	Past
Pramod Abcsdd	Whole-Time Director	01 Oct 2017	Past
Pramod Abcsdd	Director	25 Jan 2019	Past
Pramod Abcsdd	Director	01 Apr 2019	Past
Pramod Abcsdd	Director	30 May 2019	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Eon Electric.

Eon Electric Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 48.73% decrease. The company also saw a substantial fall in profitability, with a 5599.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.07%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

-48.73%

*******

Revenue from Operations

*******

-51.27%

*******

Total Assets

*******

-27.05%

*******

Profit or Loss

*******

-5599.43%

*******

Net Worth

*******

-19.07%

*******

EBITDA

*******

-313.08%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Eon Electric?

In 2019, Eon Electric had a promoter holding of 61.75% and a public holding of 38.25%. The company had 1 Joint Venture. 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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹1,488,382,600.00

Satisfied Charges

₹4,016,610,534.00

Charges Breakdown by Lending Institutions

Others : 102.50 Cr
State Bank Of Patiala : 45.00 Cr
Standard Chartered Bank : 1.34 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Sep 2018	Others	₹28.50 Cr	Open
24 Mar 2017	Others	₹24.00 Cr	Open
17 Oct 2016	Others	₹50.00 Cr	Open
15 Oct 2016	Standard Chartered Bank	₹1.34 Cr	Open
22 Nov 2012	State Bank Of Patiala	₹45.00 Cr	Open

Explore comprehensive loan charge details -

How Many Employees Work at Eon Electric?

Eon Electric has a workforce of 4 employees as of Mar 30, 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

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Eon Electric, 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 Eon Electric'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Eon Electric

Recent Activity within the Organization

Director Appointment

The activity Arushi Bhardwaj was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2022 & has been associated with this company since 3 years 11 months . was completed.
02 May 2022
Director Appointment

Progress on Shruti Kukreti was appointed as a Additional Director was appointed as a Additional Director on 21 Mar 2020 & has been associated with this company since 6 years 28 days . was documented.
21 Mar 2020
Charges

A charge with Standard Chartered Bank of Rs. 1.34 Cr registered on 15 Oct 2016 with Charge ID 100065052 was modified on 23 Dec 2019. was recorded as a recent event.
23 Dec 2019
Annual General Meeting

The activity Eon Electric Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was completed.
30 Sep 2019
Director Appointment

Ashish Bansal was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 7 years 18 days . was recorded as a recent event.
01 Apr 2019
Director Appointment

Ashok Kumar Gupta was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 7 years 18 days . was recorded as a recent event.
01 Apr 2019

Explore recent activity and updates - View Recent Activity