About
Basic Data Updated:
28 days agoThe manufacturing of polyester products, including Polyester Staple Fiber (PSF), Partially Oriented Yarn (POY), Draw Textures Yarn (DTY), Fully Drawn Yarn (FDY), and polyester chips, is the primary activity of Indo Rama Synthetics Limited (IRSIL). Additionally, the company is involved in the power generation business. Its integrated manufacturing complex, located in Butibori near Nagpur, Maharashtra, has a production capacity of over 610,050 tons per annum. The Butibori facility includes a 40 MW coal-based steam turbine generator (STG) and a 31.08 MW furnace oil-based diesel generator (DG) sets facility, with a total installed capacity of 71.08 MW. IRSIL's operations span across Indonesia, Thailand, the USA, Nepal, and Sri Lanka.
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Indo Rama Synthetics (India) Limited
Financials of Indo Rama Synthetics (India) Limited
Indo Rama Synthetics (India) Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 91.2% increase. The company also saw a substantial improvement in profitability, with a 137.8% increase in profit. The company's net worth Soared by an impressive increase of 79.89%.
Corporate Structure
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People in Indo Rama Synthetics (India) Limited
Unlock and access historical data on people associated with Indo Rama Synthetics (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
OL
Om Lohia Managing DirectorAppointment Date: 28-Apr-1986
Status: Current
MA
Mr Agrawal CFOAppointment Date: 16-Apr-2019
Status: Current
MR
Manish Rai Company SecretaryStatus: Current
Board Members(7)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 19 Jul 2023 | ₹250.00 Cr | Open |
Others Creation Date: 16 Nov 2022 | ₹200.00 Cr | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 12 Mar 2021 | ₹300.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Ivl Dhunseri Petrochem Industries Private Limited
Active 8 years 8 monthsDilip Agarwal is a mutual person
Indo Rama Retail Holdings Private Limited
Active 20 years 8 monthsVishal Lohia and Om Lohia are mutual person
Recent activity within the organization
Charges
A charge registered on 12 Mar 2021 via Charge ID 100429876 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 28 Nov 2023.
28 Nov 2023Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 300.00 cr registered on 12 Mar 2021 with Charge ID 100429879 was modified on 30 Oct 2023.
30 Oct 2023Charges
A charge with Others of Rs. 300.00 cr registered on 10 Jun 2020 with Charge ID 100342979 was modified on 30 Oct 2023.
30 Oct 2023Charges
A charge with Standard Chartered Bank of Rs. 420.00 cr registered on 21 May 2019 with Charge ID 100267955 was modified on 30 Oct 2023.
30 Oct 2023Annual General Meeting
Indo Rama Synthetics (India) Limited last Annual general meeting of members was held on 27 Jul 2023 as per latest MCA records.
27 Jul 2023
Recent News, Updates & Announcement
- India Ratings Revises Indo Rama Syntheticss Outlook to Negative Affirms IND A.
India Ratings and Research 09 Jun 2023
- Indo Rama Synthetics zooms as its arm starts commercial production of Bottle grade PET resins.
Udaipur Kiran 05 Jun 2023
- Indo Rama Synthetics Q4 Net Declines to Rs 3029 Cr.
Corporate Ethos 28 May 2018
- Indo Rama Synthetics to raise Rs 20 crore .
Finalaya 27 Nov 2017
- Indo Rama Synthetics net loss widens to Rs 38 cr.
Business Line 07 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Indo Rama Synthetics (India) Limited?