I-Flp Explosionproof Private Limited

I-Flp Explosionproof Private Limited - consumer electronics & durables in Vijapur, Gujarat, India. Directors, charges & compliance details.
CIN U29309GJ2018PTC103901 Incorporated 05 September 2018 ROC Ahmedabad HQ Vijapur, Gujarat, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Data last updated
Revenue · FY 2023
₹2.26 Cr
▲ 34% YoY
Net profit · FY 2023
₹7.92 Lakh
Net margin 3.5%
EBITDA · FY 2023
₹12.36 Lakh
EBITDA margin 5.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹17 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About I-Flp Explosionproof Private Limited

Data last updated:

I-Flp Explosionproof Private Limited is a private limited company based in Vijapur, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 05 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2018PTC103901. Its GSTIN is 24AAECI9781K1Z1 (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mehulkumar Bharatbhai Patel and Dipti Mehul Patel.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Near Bhumika Indane Gas Godown At. Bhavsor, Vijapur, Gujarat, India – 382870.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.26 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹7.92 Lakh (net margin 3.5%) and EBITDA of ₹12.36 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years.

As per MCA filings, the company has open charges of ₹17 Lakh on record.

I-Flp Explosionproof Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0011623).

Company details

CIN U29309GJ2018PTC103901
Registration Number 103901
Incorporation Date 05 September 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-GJ-14-0011623
Key People
Mehulkumar Bharatbhai Patel Director Dipti Mehul Patel Director

Recognitions & Rankings of I-Flp Explosionproof

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-14-0011623

Contact details

I-Flp Explosionproof Private Limited's registered office is in Vijapur, Gujarat.

  • Registered Address
    Near Bhumika Indane Gas Godown At. Bhavsor, Vijapur, Gujarat, India – 382870
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
I-Flp Explosionproof Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of I-Flp Explosionproof is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of I-Flp Explosionproof Private Limited, buy the company report.

Financials of I-Flp Explosionproof Private Limited

FY 2023 filings available

I-Flp Explosionproof Private Limited reported revenue of ₹2.26 Cr (up 34% YoY) for FY 2023.

Revenue · FY 2023
₹2.26 Cr ▲ 34%
Net profit · FY 2023
₹7.92 Lakh margin 3.5%
EBITDA · FY 2023
₹12.36 Lakh margin 5.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 68%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 109%

Revenue has grown at a compounded annual rate (CAGR) of 68% over three years, including 34% growth in the latest year. EBITDA fell 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹12.36 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.92 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin5.5%
Net Profit Margin3.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of I-Flp Explosionproof Private Limited, buy the company report.

Board of directors of I-Flp Explosionproof Private Limited

I-Flp Explosionproof has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mehulkumar Bharatbhai Patel
Also directs: Infinite International Private Limited
Director05 Sep 20188 Years 2 MonthsCurrent
Dipti Mehul PatelDirector07 Oct 20224 Years 1 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹17 Lakh
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹0.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Mar 2023100691974Bank of India₹17 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for I-Flp Explosionproof Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

I-Flp Explosionproof has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECI9781K1Z1GujaratActive11 Oct 2018

To see the full GST registrations and return filing status of I-Flp Explosionproof Private Limited, buy the company report.

Recent activity

I-Flp Explosionproof Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Daxaben Rameshbhai Patel ceased to be Director on 07 Oct 2022.

AGM
I-Flp Explosionproof Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
I-Flp Explosionproof Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with Bank Of India amounted to Rs. 17.00 Lakh with Charge ID 100691974 was registered on 14 Mar 2023.
Ceased
Daxaben Rameshbhai Patel ceased to be Director.
Appointed
Dipti Mehul Patel was appointed as Director.
Appointed
Mehulkumar Bharatbhai Patel was appointed as Director.
Incorporation
05 Sep 2018
I-Flp Explosionproof Private Limited was registered on 05 Sep 2018 with Roc Ahmedabad & aged 8 years 2 months as per MCA records.

Frequently asked questions

I-Flp Explosionproof is an active private limited company based in Vijapur, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 05 September 2018 (8+ years old) and is registered under CIN U29309GJ2018PTC103901.

I-Flp Explosionproof has 2 current directors:

The latest financial statements of I-Flp Explosionproof on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of I-Flp Explosionproof is 24AAECI9781K1Z1, registered in Gujarat.

The CIN (Corporate Identification Number) of I-Flp Explosionproof is U29309GJ2018PTC103901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

I-Flp Explosionproof was incorporated on 05 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Daxaben Rameshbhai Patel ceased to be Director on 07 Oct 2022. Dipti Mehul Patel was appointed as Director on 07 Oct 2022. Mehulkumar Bharatbhai Patel was appointed as Director on 05 Sep 2018.

Yes, I-Flp Explosionproof is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-14-0011623).

The registered office of I-Flp Explosionproof is at Near Bhumika Indane Gas Godown At. Bhavsor, Vijapur, Gujarat, India – 382870.

I-Flp Explosionproof operates in the consumer electronics and durables industry, in the electronics manufacturing segment.