Indian Clearing Corporation Limited

Provides clearing, settlement, and risk management services for various segments of BSE under SEBI regulation.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: December 10, 2024

Indian Clearing Corporation Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 354.00 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 608.99 Cr
  • Revenue Growth 81.23%
  • Profit Growth 53.46%
  • Ebitda 105.81%
  • Net Worth 12.05%
  • Total Assets 77.18%

About Indian Clearing Corporation

Indian Clearing Corporation Limited (ICCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 April 2007 and has a history of 17 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Travel And Hospitality 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 500.00 Cr and a paid-up capital of Rs 354.00 Cr.

The company currently has active open charges totaling ₹608.99 Cr.

The Key Managerial Personnel (KMP) at Indian Clearing Corporation Limited India are Nimeshkumar Mistry as CFO and Saumya Bajpai as Company Secretary. Arun Mehta, Vaisshali Babu, Sushmita Ghatak, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    icclindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH2007PLC170358

  • Company No.

    170358

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 2007

  • Date of AGM

    28 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Indian Clearing Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Vaisshali Babu Country flag representing In Managing Director01-Jan-2024Current
Nimeshkumar Mistry Country flag representing In CFO07-Nov-2019Current
Saumya Bajpai Company Secretary28-Apr-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Vikas Gadre Country flag representing In Director 14-Oct-2022Current
Sushmita Ghatak Country flag representing In Director 24-Oct-2024Current
Kamala Kantharaj Country flag representing In Director 23-Aug-2023Current
Hemant Manuj Country flag representing In Director 25-Aug-2021Current
Arun Mehta Country flag representing In Director 11-Aug-2023Current
Hemalatha Sivasubramanian Country flag representing In Director 17-May-2023Current

Financial Performance of Indian Clearing Corporation.

Indian Clearing Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 81.23% increase. The company also saw a substantial improvement in profitability, with a 53.46% increase in profit. The company's net worth Soared by an impressive increase of 12.05%.

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
81.23%
Revenue from Operations
99.40%
Total Assets
77.18%
Profit or Loss
53.46%
Net Worth
12.05%
EBITDA
105.81%

What is the Ownership and Shareholding Structure of Indian Clearing Corporation?

In 2022, Indian Clearing Corporation 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

₹608.99 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 260.00 Cr
  • Canara Bank : 240.00 Cr
  • Axis Bank Limited : 100.00 Cr
  • Bank Of India : 8.99 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2023Bank Of India₹8.99 CrOpen
07 Oct 2022State Bank Of India₹80.00 CrOpen
07 Oct 2022State Bank Of India₹180.00 CrOpen
06 Oct 2022Axis Bank Limited₹100.00 CrOpen
06 Oct 2022Canara Bank₹240.00 CrOpen

How Many Employees Work at Indian Clearing Corporation?

Unlock and access historical data on people associated with Indian Clearing Corporation, 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 Indian Clearing Corporation, 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 Indian Clearing Corporation'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 Indian Clearing Corporation

Recent activity within the organization

  • Director Appointment

    Sushmita Ghatak was appointed as a Director was appointed as a Director on 24 Oct 2024 & has been associated with this company since 4 months .

    24 Oct 2024

  • Annual General Meeting

    Indian Clearing Corporation Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.

    28 Jun 2024

  • Director Appointment

    Deepak Goel was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 8 months 27 days .

    27 May 2024

  • Balance Sheet

    Indian Clearing Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vaisshali Jayakumar Babu was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2024 & has been associated with this company since 1 year 1 month .

    01 Jan 2024

  • Director Appointment

    Kamala Kantharaj was appointed as a Director was appointed as a Director on 23 Aug 2023 & has been associated with this company since 1 year 6 months .

    23 Aug 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Indian Clearing Corporation Limited was incorporated on 26 Apr 2007.

  • The authorized share capital of Indian Clearing Corporation Limited is ₹ 500.00 Cr and paid-up capital is ₹ 354.00 Cr.

  • Currently 10 directors are associated with Indian Clearing Corporation Limited.

    • Arun Mehta
    • Vaisshali Jayakumar Babu
    • Sushmita Ghatak
    • Vikas Ganesh Gadre
    • Kamala Kantharaj
    • Hemant Kumar Manuj
    • Hemalatha Sivasubramanian
    • Deepak Goel
    • Nimeshkumar Govindbhai Mistry
    • Saumya Anil Bajpai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Clearing Corporation Limited is 25Th Floor, P. J. Towers Dalal Street India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Indian Clearing Corporation Limited is U67120MH2007PLC170358 and the company number is 170358 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indian Clearing Corporation Limited is https://www.icclindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Indian Clearing Corporation Limited has risen by 81.23%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Indian Clearing Corporation Limited has experienced an upsurge of 12.05%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Indian Clearing Corporation Limited amount to ₹ 608.99 Cr.

  • The most recent Balance Sheet for Indian Clearing Corporation Limited was filed with the ROC on 31 Mar 2024.

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