International Racing Gears Private Limited - Company Profile

It is a automotive private limited company based in Ludhiana, Punjab, India, established in 1987.
1987 Ludhiana, Punjab, India Active
Last Updated:
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About International Racing Gears Private Limited

International Racing Gears Private Limited, a active private limited company, was established on 16 December 1987 in Ludhiana, Punjab, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U35923PB1987PTC007870. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.38 M.

It upholds a compliant status. Employing 26 professional, Its leadership includes Dalip Kumar (Director), Gaurav Dalip (Director). Past directors included Harbans Lal, Bharat Bhushan, Gaurav Dalip. It holds no open charges and ₹5.91 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B-51, Phase Vii, Focal Point, Ludhiana, Punjab, 141010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U35923PB1987PTC007870

  • Registration Number

    007870

  • Incorporation Date

    16 December 1987

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.38 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.38 M
  • Company Age 38 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.91 Cr
  • Revenue Growth **** -12.32%
  • Profit Growth **** -1403.16%
  • Ebitda **** -18.39%
  • Net Worth -10.80%
  • Total Assets **** 5.82%
Company report

International Racing Gears Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into International Racing Gears Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at International Racing Gears Private Limited?
Current Directors
Name Designation Appointment Date Status
Dalip Kumar Director 16 Dec 1987 Current
Gaurav Dalip Director 20 Jan 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Nov 2019 Past
Pramod Abcsdd Director 20 Jan 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2018 Past
Pramod Abcsdd Director 14 Oct 2016 Past
Pramod Abcsdd Additional Director 29 Oct 2015 Past

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Financial Performance of International Racing Gears.

International Racing Gears Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 12.32% decrease. The company also saw a substantial fall in profitability, with a 1403.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.8%.

International Racing Gears revenue growth over time
International Racing Gears profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -12.32%
*******
*******
*******
*******
Revenue from Operations
*******
 -11.68%
*******
*******
*******
*******
Total Assets
*******
 5.82%
*******
*******
*******
*******
Profit or Loss
*******
 -1403.16%
*******
*******
*******
*******
Net Worth
*******
 -10.80%
*******
*******
*******
*******
EBITDA
*******
 -18.39%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of International Racing Gears?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹59,100,000.00

Charges Breakdown by Lending Institutions
  • Punjab National Bank : 3.65 Cr
  • Punjab Nationalbank : 1.10 Cr
  • Small Industries Dev. Bank Of India : 0.66 Cr
  • Punjab Financial Corporation : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
22 Apr 2003 Punjab National Bank ₹2.85 Cr Satisfied
22 Apr 2003 Punjab National Bank ₹2.00 M Satisfied
16 Feb 2002 Punjab National Bank ₹3.00 M Satisfied
11 May 1995 Small Industries Dev. Bank Of India ₹6.60 M Satisfied
02 Aug 1991 Punjab Nationalbank ₹1.00 M Satisfied

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How Many Employees Work at International Racing Gears?

International Racing Gears has a workforce of 26 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on International Racing Gears
Recent Activity within the Organization
  • Annual General Meeting

    International Racing Gears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on International Racing Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Charges

    The activity A charge registered on 22 Apr 2003 via Charge ID 90183097 with Punjab National Bank was fully satisfied on 19 Jun 2021. was completed.

  • Charges

    A charge registered on 22 Apr 2003 via Charge ID 90180655 with Punjab National Bank was fully satisfied on 19 Jun 2021. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 02 Aug 1991 via Charge ID 90179257 with Punjab Nationalbank was fully satisfied on 19 Jun 2021. was documented.

  • Charges

    A charge registered on 02 Aug 1991 via Charge ID 90181678 with Punjab Nationalbank was fully satisfied on 19 Jun 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of International Racing Gears Private Limited?

The CIN of International Racing Gears Private Limited is U35923PB1987PTC007870.

Where is International Racing Gears Private Limited headquartered?

International Racing Gears Private Limited is headquartered at B-51, Phase Vii, Focal Point, Ludhiana, Punjab, 141010.

When was International Racing Gears Private Limited incorporated?

International Racing Gears Private Limited was incorporated on 16 December 1987.

Who are the current directors of International Racing Gears Private Limited?

The current directors of International Racing Gears Private Limited are

What is the primary industry of International Racing Gears Private Limited?

The primary industry of International Racing Gears Private Limited is Manufacturing.

Is International Racing Gears Private Limited a listed company?

International Racing Gears Private Limited is unlisted.

What is the capital structure of International Racing Gears Private Limited?

The authorized capital of International Racing Gears Private Limited is ₹1.00 Cr, and the paid-up capital is ₹3.38 M.

What is the compliance status of International Racing Gears Private Limited?

The compliance status of International Racing Gears Private Limited is Compliant.

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