Indequip Engineering Limited
About Indequip Engineering Limited
Data last updated:
Indequip Engineering Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 06 July 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1961PLC001069.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹84.26 Lakh. It is led by directors including Gurvinder Singh Balbir Sethi and Jaspalsingh Sethi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 6 Uniqe Park Opp Isro Main Gate Satelite Road, Ahmedabad, Gujarat, India – 380015.
As per MCA filings, the company has open charges of ₹24.12 Cr on record. Court records list 25 cases involving the company, including 10 filed by the company and 17 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indequip Engineering Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address6 Uniqe Park Opp Isro Main Gate Satelite Road, Ahmedabad, Gujarat, India – 380015
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Indequip Engineering Limited, buy the company report.
- 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
Financials of Indequip Engineering Limited
FY 2021 filings availableFinancial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Indequip Engineering Limited, buy the company report.
Board of directors of Indequip Engineering Limited
Indequip Engineering has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurvinder Singh Balbir Sethi | Director | 19 Aug 1980 | 46 Years 2 Months | Current |
| Jaspalsingh Sethi | Director | 01 Jan 1978 | 48 Years 9 Months | Current |
| Pragnesh Panchal Kanaiyalal | Director | 06 Mar 2019 | 7 Years 7 Months | Current |
Shareholding
The shareholding of Indequip Engineering Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indequip Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2001 | 90379772 | Bank of Maharashtra | ₹4 Lakh | Open | |
| 18 Aug 1982 | 90379396 | Bank of Maharashtra | ₹13 Lakh | Open | |
| 11 Jan 1982 | 90378779 | Bank of Baroda | ₹94,400 | Open | |
| 08 Apr 1981 | 80047597 | Asset Reconstruction Company (India) Limited | ₹15 Lakh | Open | |
| 08 Apr 1981 | 80047600 | Asset Reconstruction Company (India) Limited | ₹1.88 Cr | Open |
To see the full charge records of Indequip Engineering Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Indequip Engineering Limited has 25 court cases on record: 10 filed by Indequip Engineering, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 11 | 0 |
| District courts | 4 | 3 | 0 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3103-Land Laws, Agricultural tenancy, Land Revenue : Land Ceiling Laws including Urban Land Ceiling Act, Repeal Act and State Land Ceiling Laws and consolidation laws) | Filed against the company by M/S Indequip Engineering Ltd. Having Its Registered Office at Sardarnagar, Through Director , District: Ahmedabad ,Ahmedabad , Gujarat | Disposed |
| Supreme Court | Court case (3103-Land Laws, Agricultural tenancy, Land Revenue : Land Ceiling Laws including Urban Land Ceiling Act, Repeal Act and State Land Ceiling Laws and consolidation laws) | Filed by the company against Lalit V Mansinghhani,Receiver of Indequip Engineering Ltd. D-12, Neelamnagar Apartments, Juna, Wadaj , District: Ahmedabad ,Ahmedabad , Gujarat and 8 others | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Lalit V Mansinghani Indequip Engineering Ltd | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Indequip Engineering Ltd and 9 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Asset Reconstruction Company (India) Limited | Disposed |
To see the full case history of Indequip Engineering Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indequip Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indequip Engineering Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indequip Engineering Limited has 7 board changes on record since 1978: 3 appointments and 4 cessations. The latest: Pragnesh Panchal Kanaiyalal ceased to be Additional Director on 19 Jul 2019.
25 earlier events are in the company report.
Frequently asked questions
Indequip Engineering is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 06 July 1961 (65+ years old) and is registered under CIN U29259GJ1961PLC001069.
Indequip Engineering has 3 current directors:
- Gurvinder Singh Balbir Sethi - Director
- Jaspalsingh Sethi - Director
- Pragnesh Panchal Kanaiyalal - Director
The latest financial statements of Indequip Engineering on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indequip Engineering is U29259GJ1961PLC001069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indequip Engineering has 25 court cases on record: 10 filed by the company and 17 filed against it. Most are in the high courts.
Indequip Engineering was incorporated on 06 July 1961, making it 65+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pragnesh Panchal Kanaiyalal ceased to be Additional Director on 19 Jul 2019. Neera Sethi Jaspalsingh ceased to be Director on 06 Mar 2019. Pragnesh Panchal Kanaiyalal was appointed as Director on 06 Mar 2019. Indequip Engineering has 7 board changes on record in total.
The registered office of Indequip Engineering is at 6 Uniqe Park Opp Isro Main Gate Satelite Road, Ahmedabad, Gujarat, India – 380015.
Indequip Engineering operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
Indequip Engineering has open charges of ₹24.12 Cr and no satisfied charges on record as per latest MCA filings.