Indian Commercial Co Pvt Ltd

Imports and sells specialty chemicals for various industries, including cosmetics, food, and pharmaceuticals.

1943 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Indian Commercial Co Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.12 M
  • Company Age 81 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.95 M
  • Satisfied Charges ₹ 6.25 Cr
  • Revenue Growth 7.82%
  • Profit Growth -96.95%
  • Ebitda -107.83%
  • Net Worth -25.29%
  • Total Assets -3.51%

About Indian Commercial Co

Indian Commercial Co Pvt Ltd (ICCPL) was founded in India on 04 August 1943 and has a glorious history of 81 years and five months.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Indian Commercial Co Ltd. The Company is engaged in the Chemicals And Materials 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 3.50 Cr and a paid-up capital of Rs 3.12 M.

The company currently has active open charges totaling ₹8.95 M. The company has closed loans amounting to ₹6.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsh Kilachand, Akshay Kilachand, Devendra Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1943PTC004042

  • Company No.

    004042

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 1943

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Indian Commercial Co Pvt Ltd offer?

Indian Commercial Co Pvt Ltd offers a wide range of products and services, including Petroleum and Petrochemical Products, Bitumen, Castor Oil, Hydrogenated Castor Oil, Essential & Aromatic Oils, Organic and Inorganic Solvents, Alcohol Solvents, Cosmetics, Hair & Beauty Products, Cosmetic Raw Material, Ethyl Oleate.

Who are the key members and board of directors at Indian Commercial Co?

Board Members (4)

NameDesignationAppointment DateStatus
Harsh Kilachand Country flag representing In Director 22-Dec-2017Current
Akshay Kilachand Country flag representing Gb Whole-Time Director 11-Apr-2003Current
Devendra Shah Country flag representing In Director 29-Sep-2023Current
Sonal Kadam Whole-Time Director 28-Jun-2024Current

Financial Performance of Indian Commercial Co.

Indian Commercial Co Pvt Ltd, for the financial year ended 2022, experienced modest growth in revenue, with a 7.82% increase. The company also saw a substantial fall in profitability, with a 96.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.29%.

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
7.82%
Revenue from Operations
14.03%
Total Assets
-3.51%
Profit or Loss
-96.95%
Net Worth
-25.29%
EBITDA
-107.83%

What is the Ownership and Shareholding Structure of Indian Commercial Co?

In 2021, Indian Commercial Co had a promoter holding of 100.01%. 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

₹0.90 Cr

Satisfied Charges

₹6.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.45 Cr
  • The Bank Of Tokyo Ltd : 0.30 Cr
  • Citi Bank Na : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jul 2023Others₹2.65 MOpen
12 Jan 2022Others₹1.80 MOpen
23 Jun 1992The Bank Of Tokyo Ltd₹3.00 MOpen
18 Mar 1989Citi Bank Na₹1.50 MOpen
06 Aug 2012Yes Bank Limited₹5.77 CrSatisfied

How Many Employees Work at Indian Commercial Co?

Indian Commercial Co has a workforce of 9 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indian Commercial Co, 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 Commercial Co'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 Commercial Co

Recent activity within the organization

  • Annual General Meeting

    Indian Commercial Co Pvt Ltd last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Director Appointment

    Sonal Shashikant Kadam was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Jun 2024 & has been associated with this company since 7 months 4 days .

    28 Jun 2024

  • Balance Sheet

    Indian Commercial Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Devendra Jitendra Shah was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 4 months .

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100757818 was registered on 14 Jul 2023.

    14 Jul 2023

  • Charges

    A charge registered on 25 Jan 1977 via Charge ID 80065431 with Indian Overseas Bank was fully satisfied on 09 Feb 2022.

    09 Feb 2022

Frequently asked questions

  • Indian Commercial Co Pvt Ltd was incorporated on 04 Aug 1943.

  • The authorized share capital of Indian Commercial Co Pvt Ltd is ₹ 3.50 Cr and paid-up capital is ₹ 3.12 M.

  • Currently 4 directors are associated with Indian Commercial Co Pvt Ltd.

    • Harsh Rajnikant Kilachand
    • Akshay Anirudh Kilachand
    • Devendra Jitendra Shah
    • Sonal Shashikant Kadam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Commercial Co Pvt Ltd is Oriental House7 Jamshedji Tata Road Churchgate India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Indian Commercial Co Pvt Ltd is U74999MH1943PTC004042 and the company number is 004042 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indian Commercial Co Pvt Ltd is https://www.iccindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Indian Commercial Co Pvt Ltd has risen by 7.82%.

  • As Per 2022 financial reports, 9 employees are currently employed by Indian Commercial Co Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Indian Commercial Co Pvt Ltd has experienced an downturn of -25.29%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Indian Commercial Co Pvt Ltd amount to ₹ 8.95 M.

  • The most recent Balance Sheet for Indian Commercial Co Pvt Ltd was filed with the ROC on 31 Mar 2024.

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