Instant Procurement Services Profile
Key Indicators
- Authorised Capital ₹ 2.10 M
- Paid Up Capital ₹ 1.18 M
- Company Age 9 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 115.00 Cr
- Satisfied Charges ₹ 30.00 Cr
- Revenue Growth 196.73%
- Profit Growth -104.01%
- Ebitda 3.75%
- Net Worth 38.62%
- Total Assets 67.17%
About Instant Procurement Services
Instant Procurement Services Private Limited (IPSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 December 2015 (Nine years and five months 11 days old ). Its registered office is in Gautam Buddha Nagar, Uttar Pradesh, India.
The Company is engaged in the Trading 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 2.10 M and a paid-up capital of Rs 1.18 M.
The company currently has active open charges totaling ₹115.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prateek Jain, Ashish Agarwal, Nikhil Vora, and Three other members serve as directors at the Company.
Company Details
- Location
Gautam Buddha Nagar, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74120UP2015PTC074758
- Company No.
074758
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Dec 2015
- Date of AGM
21 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Trading
What products or services does Instant Procurement Services Private Limited offer?
Instant Procurement Services Private Limited offers a wide range of products and services, including Scientific Instruments, Calipers, Hand Sanitizers & Personal Hygiene, Toiletry Set.
Instant Procurement Services Private Limited
Explore comprehensive data for Instant Procurement Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Instant Procurement Services?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Popli  | Director | 15-Sep-2017 | Current |
| Ashish Agarwal | Nominee Director | 19-Apr-2024 | Current |
| Anish Popli | Director | 01-Dec-2015 | Current |
| Prateek Jain | Nominee Director | 19-Apr-2024 | Current |
| Nikhil Vora | Director | 19-Apr-2023 | Current |
Chunsoo Kim  | Nominee Director | 19-Apr-2024 | Current |
Financial Performance of Instant Procurement Services.
Instant Procurement Services Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 196.73% increase. The company also saw a substantial fall in profitability, with a 104.01% decrease in profit. The company's net worth Soared by an impressive increase of 38.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Instant Procurement Services?
In 2024, Instant Procurement Services had a promoter holding of 74.44% and a public holding of 25.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Wonderchef Home Appliances Private LimitedNikhil Vora is a mutual person
Manak Waste Management Private LimitedChunsoo Kim is a mutual person
Vahdam Teas Private LimitedNikhil Vora is a mutual person
Sekhmet Technologies Private LimitedAshish Agarwal is a mutual person
Renee Cosmetics Private LimitedAshish Agarwal is a mutual person
Edunetwork Private LimitedAshish Agarwal is a mutual person
Charges (Loans)
Open Charges
₹1,150.00 M
Satisfied Charges
₹300.00 M
Charges Breakdown by Lending Institutions
- Others : 55.00 Cr
- Hdfc Bank Limited : 50.00 Cr
- Tata Capital Financial Services Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2024 | Others | ₹15.00 Cr | Open |
| 31 Aug 2023 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 31 Aug 2023 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 27 Feb 2023 | Tata Capital Financial Services Limited | ₹10.00 Cr | Open |
| 30 Jan 2023 | Others | ₹40.00 Cr | Open |
How Many Employees Work at Instant Procurement Services?
Instant Procurement Services has a workforce of 337 employees as of Mar 01, 2025. 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 Instant Procurement Services, 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 Instant Procurement Services'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 Instant Procurement Services
Recent activity within the organization
- Charges
A charge registered on 07 Sep 2023 via Charge ID 100793547 with Others was fully satisfied on 07 Jan 2025.
- Charges
A charge registered on 21 Sep 2023 via Charge ID 100792549 with Others was fully satisfied on 06 Sep 2024.
- Charges
A charge registered on 29 Aug 2023 via Charge ID 100791096 with Others was fully satisfied on 06 Sep 2024.
- Annual General Meeting
Instant Procurement Services Private Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
- Director Appointment
Prateek Kumar Jain was appointed as a Nominee Director was appointed as a Nominee Director on 19 Apr 2024 & has been associated with this company since 1 year 22 days .
- Director Appointment
Ashish Agarwal was appointed as a Nominee Director was appointed as a Nominee Director on 19 Apr 2024 & has been associated with this company since 1 year 22 days .
Recent News, Updates & Announcement
ProcMart Secures Rs 25 Crore Investment from Sixth Sense Ventures, Expands Services to Include Construction Equipment and Competes with Udaan.When Sixth Sense Ventures gave ProcMart Rs 25 crore, they got a big chunk of the company. ProcMart helps businesses buy stuff and has big clients like Colgate and Mondelez. They also started selling construction equipment. Udaan is their competition..
- ProcMart appoints Aman Pruthi as VP of technology.
Online B2B sourcing partner ProcMart has appointed Aman Pruthi as vice-president of technology. Pruthi has worked with leading technology companies and has extensive experience in developing and implementing AI and ML solutions to drive business growth and improve customer satisfaction..
- ProcMart names Aman Pruthi As its VP of Technology.
ProcMart has appointed Aman Pruthi as Vice President of Technology. He will be responsible for overseeing AI and ML projects..
Frequently asked questions
What is the Incorporation or founding date of Instant Procurement Services Private Limited?
Instant Procurement Services Private Limited was incorporated on 01 Dec 2015.
What is authorized share capital and paid-up capital of Instant Procurement Services Private Limited?
The authorized share capital of Instant Procurement Services Private Limited is ₹ 2.10 M and paid-up capital is ₹ 1.18 M.
Who are the current board members & directors of Instant Procurement Services Private Limited?
Currently 6 directors are associated with Instant Procurement Services Private Limited.
- Prateek Kumar Jain
- Ashish Agarwal
- Nikhil Kishorchandra Vora
- Anish Popli
- Ashok Kumar Popli
- Chunsoo Kim
What is the registered address of Instant Procurement Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Instant Procurement Services Private Limited is Flat- 1401 Tower -7 Lotus Boulevard Sector-100, India, Noida, Uttar Pradesh, 201304.
What is the corporate identification number (CIN) and company number of Instant Procurement Services Private Limited?
The corporate identification number (CIN) of Instant Procurement Services Private Limited is U74120UP2015PTC074758 and the company number is 074758 as per Ministry of Corporate Affairs (MCA).
What is the official website of Instant Procurement Services Private Limited?
The Official website of Instant Procurement Services Private Limited is https://www.procmart.com
What has been the recent revenue trend for Instant Procurement Services Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Instant Procurement Services Private Limited has risen by 196.73%.
How many employees does Instant Procurement Services Private Limited currently have?
As Per 2024 financial reports, 337 employees are currently employed by Instant Procurement Services Private Limited.
What change has been observed in the net worth of Instant Procurement Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Instant Procurement Services Private Limited has experienced an upsurge of 38.62%.
What are the total open charges for Instant Procurement Services Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Instant Procurement Services Private Limited amount to ₹ 115.00 Cr.
When was the last Balance Sheet of Instant Procurement Services Private Limited filed with the ROC?
The most recent Balance Sheet for Instant Procurement Services Private Limited was filed with the ROC on 31 Mar 2024.
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