Irel (India) Limited

Mineral processing and rare earths extraction with in-house R&D support.

1950 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Irel (India) Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 345.46 Cr
  • Company Age 74 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.00 Cr
  • Revenue Growth 30.10%
  • Profit Growth 45.46%
  • Ebitda 54.30%
  • Net Worth 36.11%
  • Total Assets 35.73%

About Irel (India)

Irel (India) Limited (IIL) was founded in India on 18 August 1950 and has a glorious history of 74 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Indian Rare Earths Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 345.46 Cr.

The company currently has active open charges totaling ₹10.00 Cr.

The Key Managerial Personnel (KMP) at Irel (India) Limited India is Rupender Dhiman as COMPANY SECRETARY. Acharath Mohamedhanish, Deependra Singh, Santosh Singh, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15100MH1950GOI008187

  • Company No.

    008187

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    18 Aug 1950

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Irel (India)?

Executive Team (2)

Name Designation Appointment Date Status
Deependra Singh Country flag representing In Managing Director 23-Mar-2010 Current
Rupender Dhiman Country flag representing In Company Secretary 09-Mar-2018 Current

Board Members (8)

Name Designation Appointment Date Status
Acharath Mohamedhanish Country flag representing In Nominee Director 16-Aug-2024 Current
Santosh Singh Country flag representing In Director 22-Dec-2021 Current
Malti Bharti Country flag representing In Director 02-Feb-2022 Current
Rajnish Khale Country flag representing In Director 16-Jun-2023 Current
Komal Kapoor Country flag representing In Nominee Director 28-Feb-2023 Current
Anuttam Mishra Country flag representing In Whole-Time Director 15-Nov-2023 Current

Financial Performance of Irel (India).

Irel (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.1% increase. The company also saw a substantial improvement in profitability, with a 45.46% increase in profit. The company's net worth Soared by an impressive increase of 36.11%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
30.10%
Revenue from Operations
28.21%
Total Assets
35.73%
Profit or Loss
45.46%
Net Worth
36.11%
EBITDA
54.30%

What is the Ownership and Shareholding Structure of Irel (India)?

In 2023, Irel (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Mar 2003 State Bank Of Travancore ₹10.00 Cr Open

How Many Employees Work at Irel (India)?

Irel (India) has a workforce of 811 employees as of Oct 17, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Irel (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Irel (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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.

Latest Updates, News, and FAQs on Irel (India)

Recent activity within the organization

  • Annual General Meeting

    Irel (India) Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Director Appointment

    Acharath Parakat Mahalil Mohamedhanish was appointed as a Nominee Director was appointed as a Nominee Director on 16 Aug 2024 & has been associated with this company since 5 months 24 days .

    16 Aug 2024

  • Balance Sheet

    Irel (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Anjali Sinha was appointed as a Nominee Director was appointed as a Nominee Director on 21 Mar 2024 & has been associated with this company since 10 months 19 days .

    21 Mar 2024

  • Director Appointment

    Malti Bharti was appointed as a Director was appointed as a Director on 02 Feb 2022 & has been associated with this company since 3 years 6 days .

    02 Feb 2022

  • Director Appointment

    Santosh Singh was appointed as a Director was appointed as a Director on 22 Dec 2021 & has been associated with this company since 3 years 1 month .

    22 Dec 2021

Frequently asked questions

  • Irel (India) Limited was incorporated on 18 Aug 1950.

  • The authorized share capital of Irel (India) Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 345.46 Cr.

  • Currently 10 directors are associated with Irel (India) Limited.

    • Acharath Parakat Mahalil Mohamedhanish
    • Deependra Singh
    • Santosh Singh
    • Malti Bharti
    • Rajnish Arvind Khale
    • Komal Kapoor
    • Anuttam Mishra
    • Anjali Sinha
    • Rupender Dhiman
    • Sarada Bhushan Mohanty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Irel (India) Limited is Plot 1207 Ecil Bldg 1207Veer Savarkar Marg Road Prabhadevi India, Mumbai, Maharashtra, 400028.

  • The corporate identification number (CIN) of Irel (India) Limited is U15100MH1950GOI008187 and the company number is 008187 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Irel (India) Limited is https://www.irel.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Irel (India) Limited has risen by 30.10%.

  • As Per 2023 financial reports, 811 employees are currently employed by Irel (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Irel (India) Limited has experienced an upsurge of 36.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Irel (India) Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Irel (India) Limited was filed with the ROC on 31 Mar 2024.

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