Company Igarashi Motors India Limited

Equities

IGARASHI

INE188B01013

Auto, Truck & Motorcycle Parts

Market Closed - Bombay S.E. 06:15:32 2024-04-29 am EDT 5-day change 1st Jan Change
568.5 INR +4.77% Intraday chart for Igarashi Motors India Limited +18.03% +9.76%

Business Summary

Igarashi Motors India Limited is an India-based company, which is engaged in the production and export of permanent magnet direct current motors (DC Motor) for air management including powertrain and seat applications and motor accessories mainly for the automotive sector. The Company is engaged in the manufacture of components for automotive and non-automotive sector. The Company is a brushless DC Motor (BLDC) solutions provider in fast moving electrical goods (FMEG). Its standard printed circuit boards (PCB) are supplied with RF remote and Internet of things (IoT)-enabled features. Its product portfolio includes electric parking brake, trunk opening and closing device, and park lock actuators. Its EV traction motor platform has also been developed for electric vehicle applications. The Company has approximately nine manufacturing facilities and two logistics warehouses, which are located at MEPZ-SEZ, Chennai, and the Domestic Tariff Area Unit at Maraimalai Nagar.

Number of employees: 669

Sales per Business

INR in Million2022Weight2023Weight Delta
Automotive
87.3 %
4,982 89.5 % 5,731 87.3 % +15.04%
Non-Automotive
12.7 %
582 10.5 % 831 12.7 % +42.78%

Sales per region

INR in Million2022Weight2023Weight Delta
Japan
47.5 %
2,973 53.4 % 3,115 47.5 % +4.77%
India
36.2 %
1,670 30.0 % 2,375 36.2 % +42.22%
Rest of the World
8.0 %
398 7.2 % 526 8.0 % +32.11%
Hong Kong
4.2 %
324 5.8 % 275 4.2 % -15.03%
United States
3.5 %
69 1.2 % 230 3.5 % +234.50%
Germany
0.6 %
130 2.3 % 41 0.6 % -68.40%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 93-05-25
Director of Finance/CFO - 19-09-30
Chief Operating Officer 57 93-07-04
Compliance Officer - 12-07-06

Members of the board

Members of the board TitleAgeSince
Chairman 75 14-06-22
Director/Board Member 68 20-07-29
Chairman 91 -
Chief Executive Officer 59 93-05-25
Director/Board Member 48 20-03-31
Director/Board Member 56 22-05-23
Director/Board Member 55 22-05-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 31,475,048 7,299,772 ( 23.19 %) 0 23.19 %

Shareholders

NameEquities%Valuation
Agile Electric Sub Assembly Pvt Ltd.
54.46 %
17,142,121 54.46 % 84 M ₹
Igarashi Electric Works Ltd.
20.54 %
6,464,167 20.54 % 32 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
2.582 %
812,606 2.582 % 4 M ₹
Ginni Finance Pvt Ltd.
1.424 %
448,335 1.424 % 2 M ₹
Bandhan Asset Management Co. Ltd.
1.054 %
331,859 1.054 % 2 M ₹
quant Money Managers Ltd.
0.5420 %
170,591 0.5420 % 839 634 ₹
Government of India
0.2969 %
93,465 0.2969 % 460 026 ₹
Taurus Asset Management Co. Ltd.
0.2188 %
68,853 0.2188 % 338 888 ₹
Pension Reserves Investment Management Board
0.0386 %
12,144 0.0386 % 59 772 ₹
DSP Asset Managers Pvt. Ltd.
0.0157 %
4,945 0.0157 % 24 339 ₹

Company contact information

Igarashi Motors India Ltd.

MEPZ-SEZ, Plot No. B-12 to B-15 Phase II

600045, Chennai

+91 44 4229 8199

http://www.igarashimotors.com
address Igarashi Motors India Limited(IGARASHI)
  1. Stock Market
  2. Equities
  3. IGARASHI Stock
  4. Company Igarashi Motors India Limited