Indian Commercial Co Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.12 M
- Company Age 81 Year, 7 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 seven 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsh Kilachand  | Director | 22-Dec-2017 | Current |
Akshay Kilachand  | Whole-Time Director | 11-Apr-2003 | Current |
| Devendra Shah | Director | 29-Sep-2023 | Current |
| Sonal Kadam | Whole-Time Director | 28-Jun-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Sigma Tech India Private LimitedAkshay Kilachand is a mutual person
Kesar Multimodal Logistics LimitedHarsh Kilachand is a mutual person
Kesar Terminals & Infrastructure LimitedHarsh Kilachand is a mutual person
Kesar Enterprises LimitedHarsh Kilachand and Devendra Shah are mutual person
Seel Investment Private LimitedHarsh Kilachand, Devendra Shah and 1 more are mutual person
- Kesar Corporation Private Limited
Harsh Kilachand, Devendra Shah and 1 more are mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2023 | Others | ₹2.65 M | Open |
| 12 Jan 2022 | Others | ₹1.80 M | Open |
| 23 Jun 1992 | The Bank Of Tokyo Ltd | ₹3.00 M | Open |
| 18 Mar 1989 | Citi Bank Na | ₹1.50 M | Open |
| 06 Aug 2012 | Yes Bank Limited | ₹5.77 Cr | Satisfied |
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.
Deals i
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
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.
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.
- 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 8 months 5 days .
- Balance Sheet
Indian Commercial Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 5 months .
- Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100757818 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Indian Commercial Co Pvt Ltd?
Indian Commercial Co Pvt Ltd was incorporated on 04 Aug 1943.
What is authorized share capital and paid-up capital of Indian Commercial Co Pvt Ltd?
The authorized share capital of Indian Commercial Co Pvt Ltd is ₹ 3.50 Cr and paid-up capital is ₹ 3.12 M.
Who are the current board members & directors of Indian Commercial Co Pvt Ltd?
Currently 4 directors are associated with Indian Commercial Co Pvt Ltd.
- Harsh Rajnikant Kilachand
- Akshay Anirudh Kilachand
- Devendra Jitendra Shah
- Sonal Shashikant Kadam
What is the registered address of Indian Commercial Co Pvt Ltd?
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.
What is the corporate identification number (CIN) and company number of Indian Commercial Co Pvt Ltd?
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).
What is the official website of Indian Commercial Co Pvt Ltd?
The Official website of Indian Commercial Co Pvt Ltd is https://www.iccindia.com
What has been the recent revenue trend for Indian Commercial Co Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Indian Commercial Co Pvt Ltd has risen by 7.82%.
How many employees does Indian Commercial Co Pvt Ltd currently have?
As Per 2022 financial reports, 9 employees are currently employed by Indian Commercial Co Pvt Ltd.
What change has been observed in the net worth of Indian Commercial Co Pvt Ltd, and by what percentage?
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%.
What are the total open charges for Indian Commercial Co Pvt Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Indian Commercial Co Pvt Ltd amount to ₹ 8.95 M.
When was the last Balance Sheet of Indian Commercial Co Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Indian Commercial Co Pvt Ltd was filed with the ROC on 31 Mar 2024.
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