I Choice Retail Private Limited

Distributes Nokia mobile handsets and provides after-sales services for consumer goods and durables.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: December 24, 2024

I Choice Retail Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -65.32%
  • Profit Growth -18.31%
  • Ebitda -196.75%
  • Net Worth -154.74%
  • Total Assets -45.85%

About I Choice Retail

I Choice Retail Private Limited (ICRPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 April 2007 and has a history of 17 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dhiren Udeshi, Adabala Rao, and Kavita Udeshi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ichoice.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74120TG2007PTC053508

  • Company No.

    053508

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at I Choice Retail?

Board Members (3)

Name Designation Appointment Date Status
Dhiren Udeshi Country flag representing In Director 10-Apr-2007 Current
Adabala Rao Country flag representing In Director 10-Apr-2007 Current
Kavita Udeshi Country flag representing In Director 27-Oct-2011 Current

Financial Performance of I Choice Retail.

I Choice Retail Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 65.32% decrease. The company also saw a substantial fall in profitability, with a 18.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 154.74%.

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
-65.32%
Revenue from Operations
-65.15%
Total Assets
-45.85%
Profit or Loss
-18.31%
Net Worth
-154.74%
EBITDA
-196.75%

What is the Ownership and Shareholding Structure of I Choice Retail?

In 2019, I Choice Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2010 Standard Chartered Bank ₹1.00 Cr Satisfied

How Many Employees Work at I Choice Retail?

Unlock and access historical data on people associated with I Choice Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of I Choice Retail, 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 I Choice Retail'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 I Choice Retail

Recent activity within the organization

  • Annual General Meeting

    I Choice Retail Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    I Choice Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge registered on 26 Jul 2010 via Charge ID 10234445 with Standard Chartered Bank was fully satisfied on 26 Jul 2018.

    26 Jul 2018

  • Charges

    A charge with Standard Chartered Bank of Rs. 1.00 Cr registered on 26 Jul 2010 with Charge ID 10234445 was modified on 11 Jun 2012.

    11 Jun 2012

  • Director Appointment

    Kavita Dhiren Udeshi was appointed as a Director was appointed as a Director on 27 Oct 2011 & has been associated with this company since 13 years 3 months .

    27 Oct 2011

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 1.00 Cr with Charge ID 10234445 was registered on 26 Jul 2010.

    26 Jul 2010

Frequently asked questions

  • I Choice Retail Private Limited was incorporated on 10 Apr 2007.

  • The authorized share capital of I Choice Retail Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with I Choice Retail Private Limited.

    • Dhiren Vallabhdas Udeshi
    • Adabala Venkata Nageswara Rao
    • Kavita Dhiren Udeshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of I Choice Retail Private Limited is Plot No 8 Karthik Enclave Sikh Road Near Diamond Point India, Secunderabad, Telangana, 500009.

  • The corporate identification number (CIN) of I Choice Retail Private Limited is U74120TG2007PTC053508 and the company number is 053508 as per Ministry of Corporate Affairs (MCA).

  • The Official website of I Choice Retail Private Limited is https://www.ichoice.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for I Choice Retail Private Limited has fallen by -65.32%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of I Choice Retail Private Limited has experienced an downturn of -154.74%.

  • The most recent Balance Sheet for I Choice Retail Private Limited was filed with the ROC on 31 Mar 2024.

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