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EON ELECTRIC LIMITED

Last Updated on ' Wed Nov 18 00:00:00 IST 2020 '
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Description
We are a six-year young entrepreneurial organization with a legacy of almost 60 years of success as Indoasian Fusegear. Indoasian Fusegear is a well-established organization operating in energy efficiency domain for the last 60 years. The journey of the company's manufacturing excellence spans more than five decades since the setting up of its first manufacturing plant in Jalandhar, Punjab on August 8, 1958. Indoasian was known for starting the development of India's first sheet enclosed rewirable switch. Our current set up under the brand Eon Electric is all about Energising Smiles with LED Lighting, Fans, Water Heaters, Cables and Mobile Accessories. We have also lit up cities across the country with our street and solar light projects. Our plant in Haridwar manufactures qualitative products in lighting, fans, wires and mobile accessories. We are committed towards providing the best quality products at affordable prices through technological innovation, modernization, adoption of best practices and global bench marking. We aim to enrich the quality of lives by ensuring safe, efficient and convenient use of electricity and other energy sources. This has been the company's guiding force to develop new and better products.
Sector
Electronic Manufacturing
Sub Sector
Electronic Components Manufacturing
Company Type
Listed
Type
Manufacturing
Employees
101 to 500 People
Register Address
HOUSE NO. 1048 SECTOR - 14, SONEPAT SONEPAT HR 131001 IN
Website
www.indoasian.com/www.eonelectric.com
Key Products/Services
LED,CFL,LUMINARIES, MODULAR SWITCHES, WIRES & CABLES, and FANS & GEYSERS, LITHIUM ION BATTERIES,MOBILE ACCESSORIES
Key Resources/Assets
Office in Sonepat
Stressed Asset Details Expand All 
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USD 0
Stressed Asset Related Documents
Form A.pdf
Financial Information Documents
Eon_4th_quarter_and_financial_year_Results_March 31_2019.pdf
Eon_Quarterly_Financial_ Results_Quarter_ended_30_06_2019.pdf
OutcomeofBoardMeeting300919.pdf
Results311219.pdf
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2015 17.2 mn 0 27 mn 5.14 mn 1.76 1.38 0.0 0.0 0.0 0.0
2016 22.94 mn 0 28.17 mn 5 mn 1.63 1.27 0.0 0.0 3.77 0.0
2017 24.1 mn 0.5 mn 30.48 mn 4.87 mn 1.62 1.34 0.03 0.02 7.95 2.09
Stressed Assets Timeline Sat Oct 17 00:00:00 IST 2020
Defined Date Without Date

Commencement of CIRP

Sat Oct 17 00:00:00 IST 2020Sat Oct 17 00:00:00 IST 2020
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Public Announcement by Resolution Professional

Mon Oct 19 00:00:00 IST 2020Mon Oct 19 00:00:00 IST 2020
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Claim submission

Fri Oct 30 00:00:00 IST 2020Fri Oct 30 00:00:00 IST 2020
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Invitation for Expression of Interest

Thu Dec 31 00:00:00 IST 2020Thu Dec 31 00:00:00 IST 2020
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Submission of Expression of Interest

Fri Jan 15 00:00:00 IST 2021Fri Jan 15 00:00:00 IST 2021
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Submission of Resolution Plan

Mon Mar 01 00:00:00 IST 2021Mon Mar 01 00:00:00 IST 2021
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Committee of Creditors Approval

Wed Mar 31 00:00:00 IST 2021Wed Mar 31 00:00:00 IST 2021
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Submission of Resolution Plan to NCLT

Wed Mar 31 00:00:00 IST 2021Wed Mar 31 00:00:00 IST 2021
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Approval of Resolution Plan by NCLT

Thu Apr 15 00:00:00 IST 2021Thu Apr 15 00:00:00 IST 2021
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