- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0063149

About Indo Asia Machines Private Limited
Data last updated:
Indo Asia Machines Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29265PB2007PTC030895. Its GSTIN is 03AABCI6593A1ZX (Punjab). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹76.1 Lakh. It is led by directors Sandeep Duggal and Neeraj Duggal.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor 16 – Purani Market Katra Ahluwalia, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.4 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹32,140 (net margin 0%) and EBITDA of ₹38.12 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 31% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9.12 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company.
Indo Asia Machines Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0063149). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imlgroup.co.in.
Company details
Recognitions & Rankings of Indo Asia Machines
Contact details
Indo Asia Machines Private Limited's registered office is in Amritsar, Punjab. Its website is imlgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor 16 – Purani Market Katra Ahluwalia, Amritsar, Punjab, India – 143001
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Indo Asia Machines Private 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
Business activity
The main business activity of Indo Asia Machines is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Indo Asia Machines Private Limited, buy the company report.
Financials of Indo Asia Machines Private Limited
FY 2024 filings availableIndo Asia Machines Private Limited reported revenue of ₹9.4 Cr (up 36% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA fell 44% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.4 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32,140 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 0% | ||||
| 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 Indo Asia Machines Private Limited, buy the company report.
Board of directors of Indo Asia Machines Private Limited
Indo Asia Machines has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Duggal | Director | 14 Feb 2007 | 19 Years 9 Months | Current |
| Neeraj Duggal Also directs: Sanskriti Packaging Private Limited, Blue Jade Texink Private Limited, Bluejade Alliance Digital LLP and 1 more | Director | 14 Feb 2007 | 19 Years 9 Months | Current |
Auditor
Indo Asia Machines Private Limited is audited by SUD GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUD GUPTA & ASSOCIATES | FY 2023 | 005429N |
Shareholding
The shareholding of Indo Asia Machines Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indo Asia Machines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2016 | 10611965 | Yes Bank Limited | ₹5 Cr | Satisfied | |
| 17 Apr 2015 | 10562752 | Hdfc Bank Limited | ₹2.1 Cr | Satisfied | |
| 11 Nov 2014 | 10529612 | Icici Bank Limited | ₹63 Lakh | Satisfied | |
| 08 Dec 2008 | 10133234 | Bank of Baroda | ₹1.39 Cr | Satisfied |
To see the full charge records of Indo Asia Machines Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Indo Asia Machines Private Limited has 7 court cases on record: 7 filed by Indo Asia Machines. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
Cases on record (2 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed by the company against Y B Enterprises and 1 other | Disposed |
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Indo Asia Machines Private 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 Indo Asia Machines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indo Asia Machines Private Limited has a workforce of 1 employees on its EPFO records as of May 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 1 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Indo Asia Machines Private Limited, buy the company report.
GST
Indo Asia Machines has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCI6593A1ZX | Punjab | Active | 04 May 2018 |
| 24AABCI6593A1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indo Asia Machines Private Limited, buy the company report.
Recent activity
Indo Asia Machines Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Neeraj Duggal was appointed as Director on 14 Feb 2007.
3 earlier events are in the company report.
Frequently asked questions
Indo Asia Machines is an active private limited company based in Amritsar, Punjab, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 14 February 2007 (19+ years old) and is registered under CIN U29265PB2007PTC030895.
Indo Asia Machines has 2 current directors:
- Sandeep Duggal - Director
- Neeraj Duggal - Director
The latest financial statements of Indo Asia Machines on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Indo Asia Machines is 03AABCI6593A1ZX, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCI6593A1ZT (Gujarat).
The CIN (Corporate Identification Number) of Indo Asia Machines is U29265PB2007PTC030895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Asia Machines has 7 court cases on record: 7 filed by the company.
Indo Asia Machines was incorporated on 14 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.
Neeraj Duggal was appointed as Director on 14 Feb 2007. Sandeep Duggal was appointed as Director on 14 Feb 2007.
Yes, Indo Asia Machines is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0063149).
Indo Asia Machines can be reached through the website imlgroup.co.in. Its registered office is in Amritsar, Punjab, India.

