Ind Agiv Commerce Limited

Manufactures, fabricates, and exports electrical and electronic equipment and appliances.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ind Agiv Commerce Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 12.00 Cr
  • Satisfied Charges ₹ 5.32 Cr
  • Revenue Growth 8.74%
  • Profit Growth 112.47%
  • Ebitda -153.80%
  • Net Worth -53.47%
  • Total Assets -28.10%

About Ind Agiv Commerce

Ind Agiv Commerce Limited (IACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 February 1986 and has a history of 39 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517077.

The Corporate was formerly known as Vishal Electro-Mech (India) Limited. The Company is engaged in the Media And Publishing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹5.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ind Agiv Commerce Limited India is Tauseef Rauf as COMPANY SECRETARY. Lalit Chouhan, Nandkishore Sharma, Vashdev Rupani, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L32100MH1986PLC039004

  • Company No.

    039004

  • Stock Symbol

    BSE : 517077

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1986

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Media and Publishing

What products or services does Ind Agiv Commerce Limited offer?

Ind Agiv Commerce Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Multimedia Solutions, Media Services, Surface Coating & Paint Equipment, Paint Applicators, Office Automation Products & Devices, Projector, FRP Lining, PU & Powder Coatings, Spray Paints.

Who are the key members and board of directors at Ind Agiv Commerce?

Executive Team (2)

NameDesignationAppointment DateStatus
Lalit Chouhan Country flag representing In Managing Director01-Oct-2015Current
Tauseef Rauf Country flag representing In Company Secretary18-Jan-2018Current

Board Members (7)

NameDesignationAppointment DateStatus
Nandkishore Sharma Country flag representing In Director 17-Jul-2018Current
Vashdev Rupani Country flag representing Jp Director 30-May-2001Current
Kishin Mulchandani Country flag representing In Director 30-Sep-2015Current
Sushila Rupani Country flag representing In Director 30-May-2001Current
Yogesh Thakkar Country flag representing In Director 22-Aug-2022Current
Champak Shah Country flag representing In Director 27-Jan-2016Current

Financial Performance of Ind Agiv Commerce.

Ind Agiv Commerce Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.74% increase. The company also saw a substantial improvement in profitability, with a 112.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 53.47%.

Ind Agiv Commerce revenue growth over time
Ind Agiv Commerce 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
8.74%
Revenue from Operations
-33.55%
Total Assets
-28.10%
Profit or Loss
112.47%
Net Worth
-53.47%
EBITDA
-153.80%

What is the Ownership and Shareholding Structure of Ind Agiv Commerce?

In 2022, Ind Agiv Commerce had a promoter holding of 72.21% and a public holding of 27.79%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.00 Cr

Satisfied Charges

₹5.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.50 Cr
  • Axis Bank Limited : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2023Others₹1.00 CrOpen
14 Dec 2022Others₹2.20 CrOpen
30 Nov 2022Others₹3.30 CrOpen
31 Jul 2020Axis Bank Limited₹1.00 CrOpen
28 Sep 2017Axis Bank Limited₹4.50 CrOpen

How Many Employees Work at Ind Agiv Commerce?

Ind Agiv Commerce has a workforce of 11 employees as of Mar 23, 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.

Employee growth trends for Ind Agiv Commerce Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ind Agiv Commerce, 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 Ind Agiv Commerce'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 Ind Agiv Commerce

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100706215 was registered on 28 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100663100 was registered on 14 Dec 2022.

  • Charges

    A charge with Others amounted to Rs. 3.30 Cr with Charge ID 100663102 was registered on 30 Nov 2022.

  • Annual General Meeting

    Ind Agiv Commerce Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

  • Director Appointment

    Yogesh Vithaldas Thakkar was appointed as a Director was appointed as a Director on 22 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Balance Sheet

    Ind Agiv Commerce Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Ind Agiv Commerce Limited?

    Ind Agiv Commerce Limited was incorporated on 19 Feb 1986.

  • What is authorized share capital and paid-up capital of Ind Agiv Commerce Limited?

    The authorized share capital of Ind Agiv Commerce Limited is ₹ 6.50 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Ind Agiv Commerce Limited?

    Currently 9 directors are associated with Ind Agiv Commerce Limited.

    • Lalit Lajpat Chouhan
    • Nandkishore Sharma
    • Vashdev Bhagwandas Rupani
    • Kishin Devidas Mulchandani
    • Sushila Bhagwandas Rupani
    • Tauseef Ahmed Abdul Rauf Abdul Rauf
    • Yogesh Vithaldas Thakkar
    • Champak Shantilal Shah
    • Ranjan Chona

  • What is the registered address of Ind Agiv Commerce Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ind Agiv Commerce Limited is 09 To 12 B-Wing Kanara Business Centre Laxmi Nagar Off Ghatkopar Andheri Link Road, Ghatkop (East) India, Mumbai, Maharashtra, 400075.

  • What is the corporate identification number (CIN) and company number of Ind Agiv Commerce Limited?

    The corporate identification number (CIN) of Ind Agiv Commerce Limited is L32100MH1986PLC039004 and the company number is 039004 as per Ministry of Corporate Affairs (MCA).

  • Is Ind Agiv Commerce Limited registered with any stock exchange in India?

    Yes, Ind Agiv Commerce Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Ind Agiv Commerce Limited?

    The Official website of Ind Agiv Commerce Limited is https://www.agivavit.com

  • What has been the recent revenue trend for Ind Agiv Commerce Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ind Agiv Commerce Limited has risen by 8.74%.

  • How many employees does Ind Agiv Commerce Limited currently have?

    As Per 2022 financial reports, 11 employees are currently employed by Ind Agiv Commerce Limited.

  • What change has been observed in the net worth of Ind Agiv Commerce Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ind Agiv Commerce Limited has experienced an downturn of -53.47%.

  • What are the total open charges for Ind Agiv Commerce Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Ind Agiv Commerce Limited amount to ₹ 12.00 Cr.

  • When was the last Balance Sheet of Ind Agiv Commerce Limited filed with the ROC?

    The most recent Balance Sheet for Ind Agiv Commerce Limited was filed with the ROC on 31 Mar 2022.

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