Indian Express Commercial Ventures & Projects Private Limited

Retail trading of beverages and support services, buying, selling, and dealing in land and buildings.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

Indian Express Commercial Ventures & Projects Profile

Key Indicators

  • Authorised Capital ₹ 2.30 Cr
  • Paid Up Capital ₹ 1.84 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.50 Cr
  • Satisfied Charges ₹ 1.94 Cr
  • Revenue Growth 103.41%
  • Profit Growth -12.33%
  • Ebitda 28.25%
  • Net Worth -8.78%
  • Total Assets -5.90%

About Indian Express Commercial Ventures & Projects

Indian Express Commercial Ventures & Projects Private Limited (IECVPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 November 1993 and has a history of 31 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Indian Express Audio-Visual Private Limited. The Company is engaged in the Automotive 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 2.30 Cr and a paid-up capital of Rs 1.84 Cr.

The company currently has active open charges totaling ₹18.50 Cr. The company has closed loans amounting to ₹1.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vaidehi Thakar, Viveck Goenka, George Varghese, 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

    U70200MH1993PTC075094

  • Company No.

    075094

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive
Travel and Hospitality

Who are the key members and board of directors at Indian Express Commercial Ventures & Projects?

Board Members (4)

Name Designation Appointment Date Status
Rachel Goenka Country flag representing In Director 11-May-2012 Current
Vaidehi Thakar Country flag representing In Director 12-Oct-2000 Current
Viveck Goenka Country flag representing In Director 23-Feb-1999 Current
George Varghese Country flag representing In Director 31-Mar-2015 Current

Financial Performance of Indian Express Commercial Ventures & Projects.

Indian Express Commercial Ventures & Projects Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 103.41% increase. The company also saw a substantial fall in profitability, with a 12.33% decrease in profit. The company's net worth dipped by a decrease of 8.78%.

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
103.41%
Revenue from Operations
129.75%
Total Assets
-5.90%
Profit or Loss
-12.33%
Net Worth
-8.78%
EBITDA
28.25%

What is the Ownership and Shareholding Structure of Indian Express Commercial Ventures & Projects?

In 2022, Indian Express Commercial Ventures & Projects had a promoter holding of 100.00%. 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

₹18.50 Cr

Satisfied Charges

₹1.94 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.50 Cr
  • Others : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
10 Apr 2024 Hdfc Bank Limited ₹3.00 Cr Open
31 Mar 2023 Others ₹3.00 Cr Open
03 Jan 2020 Hdfc Bank Limited ₹12.50 Cr Open
02 May 2019 Hdfc Bank Limited ₹3.30 M Satisfied
23 Apr 2018 Hdfc Bank Limited ₹0.35 M Satisfied

How Many Employees Work at Indian Express Commercial Ventures & Projects?

Indian Express Commercial Ventures & Projects has a workforce of 60 employees as of Apr 08, 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 Express Commercial Ventures & Projects, 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 Express Commercial Ventures & Projects'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 Express Commercial Ventures & Projects

Recent activity within the organization

  • Annual General Meeting

    Indian Express Commercial Ventures & Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 02 May 2019 via Charge ID 100264573 with Hdfc Bank Limited was fully satisfied on 05 May 2024.

    05 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100929459 was registered on 10 Apr 2024.

    10 Apr 2024

  • Balance Sheet

    Indian Express Commercial Ventures & Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100719822 was registered on 31 Mar 2023.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.50 Cr registered on 03 Jan 2020 with Charge ID 100317708 was modified on 30 Mar 2023.

    30 Mar 2023

Frequently asked questions

  • Indian Express Commercial Ventures & Projects Private Limited was incorporated on 11 Nov 1993.

  • The authorized share capital of Indian Express Commercial Ventures & Projects Private Limited is ₹ 2.30 Cr and paid-up capital is ₹ 1.84 Cr.

  • Currently 4 directors are associated with Indian Express Commercial Ventures & Projects Private Limited.

    • Vaidehi Chintaman Thakar
    • Viveck Goenka
    • George Varghese
    • Rachel Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Express Commercial Ventures & Projects Private Limited is 3Rd Floor Green Acre 31 Union Park Road No.5 Khar (W), India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Indian Express Commercial Ventures & Projects Private Limited is U70200MH1993PTC075094 and the company number is 075094 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indian Express Commercial Ventures & Projects Private Limited is https://www.expressindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Indian Express Commercial Ventures & Projects Private Limited has risen by 103.41%.

  • As Per 2022 financial reports, 60 employees are currently employed by Indian Express Commercial Ventures & Projects Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Indian Express Commercial Ventures & Projects Private Limited has experienced an downturn of -8.78%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Indian Express Commercial Ventures & Projects Private Limited amount to ₹ 18.50 Cr.

  • The most recent Balance Sheet for Indian Express Commercial Ventures & Projects Private Limited was filed with the ROC on 31 Mar 2024.

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