Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems Pvt Ltd - engineering in Navi Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U32209MH1993PTC071205 Incorporated 18 March 1993 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Merged Private Limited Company engineering
Data last updated
Revenue · FY 2017
₹11.22 Cr
▲ 18% YoY
Net profit · FY 2017
₹60.09 Lakh
Net margin 5.4%
EBITDA · FY 2017
₹1.58 Cr
EBITDA margin 14.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Satisfied charges
₹4 Cr
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
24
Provident fund records

About Indocen Electronic Systems Pvt Ltd

Data last updated:

Indocen Electronic Systems Pvt Ltd was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 18 March 1993.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32209MH1993PTC071205. The company has 3 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was led by directors including Surinder Singh Grewal (Managing Director) and Kuldip Singh Grewal.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 403 – 409 4th Floor Great Eastern Summit 'A' Plot No. 56 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.

As per the financials filed for FY 2017, the company reported a revenue of ₹11.22 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹60.09 Lakh (net margin 5.4%) and EBITDA of ₹1.58 Cr (EBITDA margin 14.1%).

The company had about 24 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

The last known website on record is indocen.com.

Company Details of Indocen Electronic Systems Pvt Ltd
CIN U32209MH1993PTC071205
Registration Number 071205
Incorporation Date 18 March 1993
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    403 – 409 4th Floor Great Eastern Summit 'A' Plot No. 56 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
  • Industry
    Engineering, Industrial Maintenance & Repair Services
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Financials, compliance, directors, charges, ownership and filings for Indocen Electronic Systems Pvt Ltd in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Indocen Electronic Systems Pvt Ltd

The main business activity of Indocen Electronic Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Financials of Indocen Electronic Systems Pvt Ltd FY 2017 filings available

Indocen Electronic Systems Pvt Ltd reported revenue of ₹11.22 Cr (up 18% YoY) for FY 2017.

Revenue · FY 2017
₹11.22 Cr ▲ 18%
Net profit · FY 2017
₹60.09 Lakh margin 5.4%
EBITDA · FY 2017
₹1.58 Cr margin 14.1%

Compounded Annual Growth Rate (CAGR) of Indocen Electronic Systems Pvt Ltd

Revenue CAGR growth
1 year
▲ 18%
EBITDA CAGR growth
1 year
▲ 129%

Revenue rose 18% in the latest year. EBITDA rose 129% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Indocen Electronic Systems Pvt Ltd

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹11.22 Cr••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA₹1.58 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹60.09 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 of Indocen Electronic Systems Pvt Ltd

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin14.1%••••••••
Net Profit Margin5.4%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indocen Electronic Systems are in the company report.

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Financial statements from 2015

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Peer Comparison of Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems Pvt Ltd is compared with the companies closest to it by revenue in the Engineering industry (Electronic Appliances Retail and Distribution, Maintenance Services). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Coolon (India) Private Limited••••••••••••••••-Delhi, India
GT Industrial Sales Private Limited••••••••••••••••-Pune, Maharashtra, India
Agrim Techtrades Private Limited••••••••••••••••-New Delhi, Delhi, India
Atamprakash Mulkhraj Electronics Pvt Ltd••••••••••••••••-Indore, Madhya Pradesh, India
Yali Energies India Private Limited••••••••••••••••-Pondicherry, India
Indocen Electronic Systems Pvt Ltd this company••••••••••••••••-Navi Mumbai, Maharashtra, India
Kirti Integrated Solutions India Private Limited••••••••••••••••-Bangalore, Karnataka, India
Prakashmay Power Solution Private Limited••••••••••••••••-Bulandshahar, Uttar Pradesh, India
Ecoleaf Energies Private Limited••••••••••••••••264Newdelhi, Delhi, India
Gas Turbine Controls (India) Private Limited••••••••••••••••-Bangalore, Karnataka, India
Meharsons Electronics Pvt Ltd••••••••••••••••-Punjab, Chandigarh, India

Peers are the five companies nearest above and the five nearest below Indocen Electronic Systems by revenue in the Engineering industry (Electronic Appliances Retail and Distribution, Maintenance Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems Pvt Ltd is audited by B S R and Associates LLP for the financial year 2017.

NameStatusAppointment DateCessation Date
B S R and Associates LLPLockedLockedLocked
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Board of Directors of Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kuldip Singh GrewalDirector18 Mar 199333 Years 6 MonthsAs last reported
Jimmy Kuldip GrewalDirector12 May 200818 Years 4 MonthsAs last reported
Surinder Singh GrewalManaging Director18 Mar 199333 Years 6 MonthsAs last reported

Ownership and Shareholding of Indocen Electronic Systems Pvt Ltd

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Charges & Borrowings of Indocen Electronic Systems Pvt Ltd

Open charges
None
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Vijaya Bank₹4.00 Cr
Latest charge details
DateLenderAmountStatus
24 Aug 2002Vijaya Bank₹4 CrSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems Pvt Ltd has a workforce of 24 employees as of Apr 10, 2024.

Employee count
24
Active EPFO establishments
1
Employee growth
-52%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems Pvt Ltd has 4 board changes on record since 1993: 3 appointments and 1 cessation. The latest: Jimmy Kuldip Grewal ceased to be Additional Director on 30 Sep 2008.

AGM
Indocen Electronic Systems Pvt Ltd last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Indocen Electronic Systems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Charges
A charge registered on 24 Aug 2002 via Charge ID 90144052 with Vijaya Bank was fully satisfied on 03 Jun 2013.
Charges
A charge with Vijaya Bank of Rs. 4.00 Cr registered on 24 Aug 2002 with Charge ID 90144052 was modified on 07 Mar 2012.
Ceased
Jimmy Kuldip Grewal ceased to be Additional Director.
Appointed
Jimmy Kuldip Grewal was appointed as Director.
Charges
A charge with Vijaya Bank amounted to Rs. 4.00 Cr with Charge ID 90144052 was registered on 24 Aug 2002.
Appointed
Kuldip Singh Grewal was appointed as Director.
Appointed
Surinder Singh Grewal was appointed as Managing Director.
Incorporation
18 Mar 1993
Indocen Electronic Systems Pvt Ltd was registered on 18 Mar 1993 with Roc Mumbai & aged 33 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Indocen Electronic Systems Pvt Ltd

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MSME Payment Delays by Indocen Electronic Systems Pvt Ltd

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Subsidiaries & Group Companies of Indocen Electronic Systems Pvt Ltd

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Corporate group structure

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GST Compliance of Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3
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MCA Filings & Documents of Indocen Electronic Systems Pvt Ltd

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MCA filings and documents

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Frequently Asked Questions about Indocen Electronic Systems Pvt Ltd

Indocen Electronic Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Indocen Electronic Systems was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in industrial maintenance and repair services, within the engineering industry. It was incorporated on 18 March 1993 and is registered under CIN U32209MH1993PTC071205. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Indocen Electronic Systems was incorporated on 18 March 1993. It is registered with the Registrar of Companies, Mumbai.

Indocen Electronic Systems had 3 directors:

The CIN (Corporate Identification Number) of Indocen Electronic Systems is U32209MH1993PTC071205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Indocen Electronic Systems is at 403 – 409 4th Floor Great Eastern Summit A Plot No. 56 Sector 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.

Indocen Electronic Systems can be reached through the website indocen.com. Its registered office is in Navi Mumbai, Maharashtra, India.

Indocen Electronic Systems reported revenue of ₹11.22 Cr for FY 2017 (up 18% YoY).

Indocen Electronic Systems has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr.

Indocen Electronic Systems reported a net profit of ₹60.09 Lakh (net margin 5.4%) and EBITDA of ₹1.58 Cr (EBITDA margin 14.1%) for FY 2017, as per its filed financial statements.

No. Indocen Electronic Systems has 3 GST registrations on record and all of them are cancelled or inactive.

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