Improve Commotrade Private Limited

Specializes in civil contracts for building, construction, and development projects since 2008.

2008 | Kolkata, West Bengal (India) | Active
Last Updated:

Improve Commotrade Profile

Key Indicators

  • Authorised Capital ₹ 3.16 M
  • Paid Up Capital ₹ 3.16 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth -44.59%
  • Profit Growth -60.52%
  • Ebitda -20.53%
  • Net Worth 0.14%
  • Total Assets 0.39%

About Improve Commotrade

Improve Commotrade Private Limited (ICPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 November 2008 and has a history of 16 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Infrastructure And Utilities 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 3.16 M and a paid-up capital of Rs 3.16 M.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasudev Changlani, Padma Changlani, and Sangeeta Khettry serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45400WB2008PTC130937

  • Company No.

    130937

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Improve Commotrade?

Board Members (3)

NameDesignationAppointment DateStatus
Vasudev Changlani Country flag representing In Director 27-Jul-2010Current
Padma Changlani Country flag representing In Director 27-Jul-2010Current
Sangeeta Khettry Country flag representing In Additional Director 04-Jul-2011Current

Financial Performance of Improve Commotrade.

Improve Commotrade Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 44.59% decrease. The company also saw a substantial fall in profitability, with a 60.52% decrease in profit. The company's net worth moved up by a moderate rise of 0.14%.

Improve Commotrade revenue growth over time
Improve Commotrade 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
-44.59%
Revenue from Operations
Total Assets
0.39%
Profit or Loss
-60.52%
Net Worth
0.14%
EBITDA
-20.53%

What is the Ownership and Shareholding Structure of Improve Commotrade?

In 2019, Improve Commotrade 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

₹500.00 M

Satisfied Charges

₹150.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2015Hdfc Bank Limited₹50.00 CrOpen
10 Feb 2015Oriental Bank Of Commerce₹15.00 CrSatisfied

How Many Employees Work at Improve Commotrade?

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

Employee growth trends for Improve Commotrade Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Improve Commotrade, 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 Improve Commotrade'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 Improve Commotrade

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 500.00 M registered on 29 Dec 2015 with Charge ID 10614448 was modified on 09 Dec 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Improve Commotrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 10 Feb 2015 via Charge ID 10551723 with Oriental Bank Of Commerce was fully satisfied on 20 Feb 2016.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 500.00 M with Charge ID 10614448 was registered on 29 Dec 2015.

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 150.00 M with Charge ID 10551723 was registered on 10 Feb 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Improve Commotrade Private Limited?

    Improve Commotrade Private Limited was incorporated on 28 Nov 2008.

  • What is authorized share capital and paid-up capital of Improve Commotrade Private Limited?

    The authorized share capital of Improve Commotrade Private Limited is ₹ 3.16 M and paid-up capital is ₹ 3.16 M.

  • Who are the current board members & directors of Improve Commotrade Private Limited?

    Currently 3 directors are associated with Improve Commotrade Private Limited.

    • Vasudev Changlani
    • Padma Changlani
    • Sangeeta Khettry

  • What is the registered address of Improve Commotrade Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Improve Commotrade Private Limited is 648A Block O New Alipore, India, Kolkata, West Bengal, 700053.

  • What is the corporate identification number (CIN) and company number of Improve Commotrade Private Limited?

    The corporate identification number (CIN) of Improve Commotrade Private Limited is U45400WB2008PTC130937 and the company number is 130937 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Improve Commotrade Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Improve Commotrade Private Limited has fallen by -44.59%.

  • What change has been observed in the net worth of Improve Commotrade Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Improve Commotrade Private Limited has experienced an upsurge of 0.14%.

  • What are the total open charges for Improve Commotrade Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Improve Commotrade Private Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of Improve Commotrade Private Limited filed with the ROC?

    The most recent Balance Sheet for Improve Commotrade Private Limited was filed with the ROC on 31 Mar 2024.

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