Intellect Commerce Limited

Global retail solutions provider with modular software for various industries, customer engagement, supply chain, and analytics.

1998 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Intellect Commerce Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 39.15%
  • Profit Growth 107.07%
  • Ebitda 81.30%
  • Net Worth 44.62%
  • Total Assets 48.63%

About Intellect Commerce

Intellect Commerce Limited (ICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 1998 and has a history of 26 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Polaris Retail And Communication Limited. The Company is engaged in the Information Technology 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 11.00 Cr and a paid-up capital of Rs 9.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Intellect Commerce Limited India is Vudali Naresh as COMPANY SECRETARY. Aruna Kashinath, Seshadri Ramanan, Ramachandra Pappu, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U30006TN1998PLC041456

  • Company No.

    041456

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1998

  • Date of AGM

    21 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Intellect Commerce?

Executive Team (1)

NameDesignationAppointment DateStatus
Vudali Naresh Country flag representing In Company Secretary10-Nov-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Aruna Kashinath Country flag representing In Director 29-Apr-1999Current
Seshadri Ramanan Country flag representing In Director 22-May-2020Current
Ramachandra Pappu Country flag representing In Director 22-May-2020Current
Hitesh Gulati Country flag representing In Director 03-Sep-2020Current
Debanjan Kumar Country flag representing In Director 17-May-2024Current

Financial Performance of Intellect Commerce.

Intellect Commerce Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.15% increase. The company also saw a substantial improvement in profitability, with a 107.07% increase in profit. The company's net worth Soared by an impressive increase of 44.62%.

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
39.15%
Revenue from Operations
33.92%
Total Assets
48.63%
Profit or Loss
107.07%
Net Worth
44.62%
EBITDA
81.30%

What is the Ownership and Shareholding Structure of Intellect Commerce?

In 2023, Intellect Commerce 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Intellect Commerce?

Intellect Commerce has a workforce of 40 employees as of Mar 28, 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 Intellect Commerce, 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 Intellect Commerce'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 Intellect Commerce

Recent activity within the organization

  • Annual General Meeting

    Intellect Commerce Limited last Annual general meeting of members was held on 21 Jun 2024 as per latest MCA records.

    21 Jun 2024

  • Director Appointment

    Debanjan Kumar was appointed as a Director was appointed as a Director on 17 May 2024 & has been associated with this company since 9 months 7 days .

    17 May 2024

  • Balance Sheet

    Intellect Commerce Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Hitesh Gulati was appointed as a Director was appointed as a Director on 03 Sep 2020 & has been associated with this company since 4 years 5 months .

    03 Sep 2020

  • Director Appointment

    Seshadri Venkata Ramanan was appointed as a Director was appointed as a Director on 22 May 2020 & has been associated with this company since 4 years 9 months .

    22 May 2020

  • Director Appointment

    Ramachandra Rao Pappu was appointed as a Director was appointed as a Director on 22 May 2020 & has been associated with this company since 4 years 9 months .

    22 May 2020

Frequently asked questions

  • Intellect Commerce Limited was incorporated on 23 Nov 1998.

  • The authorized share capital of Intellect Commerce Limited is ₹ 11.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 6 directors are associated with Intellect Commerce Limited.

    • Aruna Kashinath
    • Seshadri Venkata Ramanan
    • Ramachandra Rao Pappu
    • Hitesh Gulati
    • Debanjan Kumar
    • Vudali Venkata Naresh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Intellect Commerce Limited is Carex Center713, Anna Salai India, Chennai-6., Tamil Nadu, 600006.

  • The corporate identification number (CIN) of Intellect Commerce Limited is U30006TN1998PLC041456 and the company number is 041456 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Intellect Commerce Limited is https://www.intellectcommerce.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Intellect Commerce Limited has risen by 39.15%.

  • As Per 2023 financial reports, 40 employees are currently employed by Intellect Commerce Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Intellect Commerce Limited has experienced an upsurge of 44.62%.

  • The most recent Balance Sheet for Intellect Commerce Limited was filed with the ROC on 31 Mar 2024.

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