I Choice Superstores Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 9.00 Cr
as on 24-10-2024
- Company Age 13 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.58 Cr
as on 24-10-2024
- Satisfied Charges ₹ 2.82 Cr
as on 24-10-2024
- Revenue 9.41%
(FY 2023)
- Profit 35.31%
(FY 2023)
- Ebitda 114.95%
(FY 2023)
- Net Worth -60.87%
(FY 2023)
- Total Assets -6.92%
(FY 2023)
About I Choice Superstores
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹3.58 Cr. The company has closed loans amounting to ₹2.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhiren Udeshi, Adabala Rao, and Kavita Udeshi serve as directors at the Company.
- CIN/LLPIN
U52390TG2011PTC073313
- Company No.
073313
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Mar 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at I Choice Superstores?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhiren Udeshi  | Director | 16-Mar-2011 | Current |
| Adabala Rao | Director | 16-Mar-2011 | Current |
| Kavita Udeshi | Director | 28-Jun-2023 | Current |
Financial Performance of I Choice Superstores.
I Choice Superstores Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.41% increase. The company also saw a substantial improvement in profitability, with a 35.31% increase in profit. The company's net worth observed a substantial decline by a decrease of 60.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of I Choice Superstores?
In 2023, I Choice Superstores had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
I Choice Retail Private LimitedActive 17 years 9 monthsDhiren Udeshi, Adabala Rao and 1 more are mutual person
Charges (Loans)
₹3.58 Cr
₹2.82 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 3.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Aug 2019 | Yes Bank Limited | ₹3.58 Cr | Open |
| 05 Jul 2018 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
| 02 Jul 2015 | Standard Chartered Bank | ₹1.18 M | Satisfied |
| 16 Apr 2013 | Standard Chartered Bank | ₹1.70 Cr | Satisfied |
How Many Employees Work at I Choice Superstores?
I Choice Superstores has a workforce of 26 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of I Choice Superstores, 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 Superstores's trajectory.
Rating
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
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.
