About Indo Shell Mould Limited
Data last updated:
Indo Shell Mould Limited is a public limited company based in Coimbatore, Tamil Nadu, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 03 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U27310TZ1995PLC006101. Its GSTIN is 33AAACI4300C1ZI (Tamil Nadu). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹12.45 Cr. It is led by directors including Balaji Jagadeesan (Managing Director) and Krishnaswamy Jagadeesan (Managing Director).
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 9 SIDCO Industrial Estate Kurichi, Coimbatore, Tamil Nadu, India – 641021.
As per the financials filed for FY 2024, the company reported a revenue of ₹138.45 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹17.24 Cr (net margin -12.5%) and EBITDA of ₹12.43 Cr (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 19% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: IndoShell. As per MCA filings, the company has open charges of ₹1,086.17 Cr and satisfied charges of ₹1,478.58 Cr on record. Court records list 145 cases involving the company, including 67 filed by the company and 79 filed against it; 39 cases are pending. The company has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 acquisition), with disclosed funding of ₹341.34 Cr; the latest was in March 2023. Its 8 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 3 smaller; the largest is Shanthala Spherocast Private Limited with revenue of ₹148.19 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indoshell.com.
Company details
Contact details
Indo Shell Mould Limited's registered office is in Coimbatore, Tamil Nadu. Its website is indoshell.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 9 SIDCO Industrial Estate Kurichi, Coimbatore, Tamil Nadu, India – 641021
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Indo Shell Mould 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
Brands
Indo Shell Mould operates one associated brand: IndoShell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of ferrous and non-ferrous castings and machined components | indoshell.com |
Business activity
The main business activity of Indo Shell Mould is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Indo Shell Mould Limited, buy the company report.
Financials of Indo Shell Mould Limited
FY 2024 filings availableIndo Shell Mould Limited reported revenue of ₹138.45 Cr (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 51% fall in the latest year. EBITDA fell 90% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.43 Cr | ||||
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| Net Profit (PAT) | -₹17.24 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | -12.5% | ||||
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To see the full financial statements and ratios of Indo Shell Mould Limited, buy the company report.
Board of directors of Indo Shell Mould Limited
Indo Shell Mould has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balaji Jagadeesan Also directs: Indo Shell Technologies Private Limited, Naga Sai Dairies and Food LLP, Ipg Mouldtech India Private Limited and 2 more | Managing Director | 21 Aug 1998 | 28 Years 2 Months | Current |
| Krishnaswamy Jagadeesan Also directs: Indo Shell Technologies Private Limited | Managing Director | 03 May 1995 | 31 Years 5 Months | Current |
| Jagadeesan Rajesh Also directs: Indo Shell Technologies Private Limited, Ipg Mouldtech India Private Limited, J Technologies India Limited and 2 more | Managing Director | 05 Mar 2001 | 25 Years 7 Months | Current |
| Ponnuchamy Achari Palanichamy | Director | 05 Sep 2012 | 14 Years 1 Months | Current |
Peer comparison
Indo Shell Mould Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanthala Spherocast Private Limited | ₹148.19 Cr (FY 2025) | 9.0% | Shimoga, Karnataka, India | |||
| HNV Castings Private Limited | ₹147.74 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Shanti Foumach Private Limited | ₹146.16 Cr (FY 2025) | 6.0% | Belgaum, Karnataka, India | |||
| Kuber Casting Private Limited | ₹141.73 Cr (FY 2025) | -20.0% | Fatehgarh Sahib, Punjab, India | |||
| Padmavati Castings Private Limited | ₹141.43 Cr (FY 2025) | -4.0% | Kolhapur, Maharashtra, India | |||
| Indo Shell Mould Limitedthis company | ₹138.45 Cr (FY 2024) | -₹17.24 Cr | -12.5% | -51.0% | Coimbatore, Tamil Nadu, India | |
| Asm Castings Private Limited | ₹137.85 Cr (FY 2025) | 16.0% | Faridabad, Haryana, India | |||
| Super Engi-Tech Private Limited | ₹136.71 Cr (FY 2025) | 36.0% | Rajkot, Gujarat, India | |||
| Wear Steels Private Limited | ₹134.11 Cr (FY 2024) | 16.0% | Dharwad, Karnataka, India |
To see the full peer comparison of Indo Shell Mould Limited, buy the company report.
Auditor
Indo Shell Mould Limited is audited by SGSK & COMPANY Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGSK & COMPANY Accountants | FY 2023 | 024539S |
Shareholding
The shareholding of Indo Shell Mould Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indo Shell Mould Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2025 | 101176205 | Others | ₹22 Cr | Open | |
| 21 Dec 2023 | 100870752 | Hdfc Bank Limited | ₹32.25 Lakh | Open | |
| 03 Jun 2022 | 100590387 | Others | ₹13.83 Cr | Open | |
| 31 Aug 2021 | 100480068 | Idbi Bank Limited | ₹35.4 Cr | Open | |
| 31 Aug 2021 | 100481962 | Others | ₹27.66 Cr | Open |
To see the full charge records of Indo Shell Mould Limited, buy the company report.
Total charge records: 41 View all charges
Deals & funding
Indo Shell Mould Limited has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 acquisition), with disclosed funding of ₹341.34 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Acquisition | Undisclosed | Buyer: J S Auto Cast Foundry India Private Limited Seller: Indo Shell Mould Limited |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Esterkote Private Limited , 2 individuals Seller: Ipg Mouldtech India Private Limited , 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Ipg Mouldtech India Private Limited Seller: 4 individuals |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: Ipg Mouldtech India Private Limited Seller: SIDBI Ventures |
| Mar 2006 | Funding round | ₹2.62 Cr | Investors: 4 individuals |
To see the full deal history of Indo Shell Mould Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indo Shell Mould Limited has 145 court cases on record: 67 filed by Indo Shell Mould, 79 filed against it. 39 cases are pending and 106 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 80 | 24 | 17 |
| District courts | 50 | 45 | 13 |
| NCLAT | 8 | 7 | 5 |
| NCLT | 4 | 2 | 1 |
| Supreme Court | 3 | 1 | 3 |
Cases on record (5 of 145)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Ivp Limited Through Mr Jagdish Joshi | Pending |
| District court, Coimbatore, Tamil Nadu | Court case (COS) | Filed against the company by Mogli Labs India Pvt. Ltd. Through Its Arthorised Representative Mr.Saravanakumar Arunachalam | Pending |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by TVS Mobility Private Limited, Rep.,By Its Director | Pending |
| High Court, HARYANA | Writ petition | Filed against the company by M/S Indo Shell Mould Limited and 1 other | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against Ms Indo Shell Mould Limited and 5 others | Pending |
To see the full case history of Indo Shell Mould 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.
Credit ratings & regulatory alerts
Indo Shell Mould Limited was last rated by Brickwork on 29 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 29 Jun 2021 |
To see the full credit ratings and regulatory alerts of Indo Shell Mould Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indo Shell Mould Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indo Shell Mould has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| J Technologies India Limited | U72200TZ2000PLC009315 |
To see the full group structure of Indo Shell Mould Limited, buy the company report.
GST
Indo Shell Mould has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI4300C1ZI | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAACI4300C1Z7 | Karnataka | Active | 29 Jul 2017 |
| 06AAACI4300C1ZF | Haryana | Active | 26 Jan 2018 |
| 24AAACI4300C1ZH | Gujarat | Active | 29 Jan 2018 |
To see the full GST registrations and return filing status of Indo Shell Mould Limited, buy the company report.
Recent activity
Indo Shell Mould Limited has 16 board changes on record since 1995: 4 appointments and 12 cessations. The latest: Sundararajan ceased to be Company Secretary on 31 Jan 2023.
98 earlier events are in the company report.
News
Frequently asked questions
Indo Shell Mould is an active public limited company based in Coimbatore, Tamil Nadu, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 03 May 1995 (31+ years old) and is registered under CIN U27310TZ1995PLC006101.
Indo Shell Mould has 4 current directors:
- Balaji Jagadeesan - Managing Director
- Krishnaswamy Jagadeesan - Managing Director
- Jagadeesan Rajesh - Managing Director
- Ponnuchamy Achari Palanichamy - Director
The latest financial statements of Indo Shell Mould on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Indo Shell Mould is 33AAACI4300C1ZI, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACI4300C1Z7 (Karnataka), 06AAACI4300C1ZF (Haryana), 24AAACI4300C1ZH (Gujarat).
The CIN (Corporate Identification Number) of Indo Shell Mould is U27310TZ1995PLC006101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Shell Mould has 145 court cases on record: 67 filed by the company and 79 filed against it. 39 are pending. Most are in the high courts.
Indo Shell Mould was incorporated on 03 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
Indo Shell Mould has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 acquisition), with disclosed funding of ₹341.34 Cr; the latest was in March 2023.
The peers of Indo Shell Mould by revenue are Shanthala Spherocast Private Limited, HNV Castings Private Limited, Shanti Foumach Private Limited, Kuber Casting Private Limited, Padmavati Castings Private Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Sundararajan ceased to be Company Secretary on 31 Jan 2023. Natarajan Subburathnam ceased to be Director on 25 May 2022. Jagadeesain Parimala ceased to be Director on 25 Apr 2022. Indo Shell Mould has 16 board changes on record in total.
Indo Shell Mould can be reached through the website indoshell.com. Its registered office is in Coimbatore, Tamil Nadu, India.