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EON ELECTRIC LIMITED

Last Updated on ' Nov 18, 2020 '
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
Manufacturing
Sub Sector
Electronics
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 18.27 mn 0 28.68 mn 5.46 mn 1.76 1.38 0.0 0.0 0.0 0.0
2016 24.37 mn 0 29.92 mn 5.31 mn 1.63 1.27 0.0 0.0 3.77 0.0
2017 25.6 mn 0.53 mn 32.38 mn 5.18 mn 1.62 1.34 0.03 0.02 7.95 2.09
Stressed Assets Timeline 2020
Defined Date Without Date

Commencement of CIRP

17Oct

Public Announcement by Resolution Professional

19Oct

Claim submission

30Oct

Invitation for Expression of Interest

31Dec

Submission of Expression of Interest

15Jan

Submission of Resolution Plan

01Mar

Committee of Creditors Approval

31Mar

Submission of Resolution Plan to NCLT

31Mar

Approval of Resolution Plan by NCLT

15Apr
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