International Commerce Limited

Trading company specializing in iron scrap and G.C Sheets, established in 1980 in Kolkata.

1980 | Kolkata, West Bengal (India) | Active
Last Updated: December 27, 2024

International Commerce Profile

Key Indicators

  • Authorised Capital ₹ 5.05 Cr
  • Paid Up Capital ₹ 4.07 Cr
  • Company Age 44 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 267.78 Cr
  • Revenue Growth -19.69%
  • Profit Growth -53.63%
  • Ebitda 1825.48%
  • Net Worth 10.95%
  • Total Assets -3.76%

About International Commerce

International Commerce Limited (ICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 July 1980 and has a history of 44 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as International Investments Limited. The Company is engaged in the Financial Services 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 5.05 Cr and a paid-up capital of Rs 4.07 Cr.

The company has closed loans amounting to ₹267.78 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shree Lakhotia, Premlata Lakhotia, and Balaji Srinivasan serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U10100WB1980PLC204139

  • Company No.

    204139

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Metals and Minerals

What products or services does International Commerce Limited offer?

International Commerce Limited offers a wide range of products and services, including Custom Clearing Service, Import Clearance Services, Cargo Transportation Services, Sea Cargo Service, Forwarding & Custom Clearing, Project Consultants.

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

Executive Team (1)

Name Designation Appointment Date Status
Shree Lakhotia Country flag representing In Managing Director 15-May-2006 Current

Board Members (2)

Name Designation Appointment Date Status
Premlata Lakhotia Country flag representing In Whole-Time Director 15-May-2006 Current
Balaji Srinivasan Country flag representing In Director 15-Jul-2021 Current

Financial Performance of International Commerce.

International Commerce Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.69% decrease. The company also saw a substantial fall in profitability, with a 53.63% decrease in profit. The company's net worth Soared by an impressive increase of 10.95%.

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
-19.69%
Revenue from Operations
19.75%
Total Assets
-3.76%
Profit or Loss
-53.63%
Net Worth
10.95%
EBITDA
1825.48%

What is the Ownership and Shareholding Structure of International Commerce?

In 2023, International Commerce had a promoter holding of 14.30% and a public holding of 85.70%. 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

Satisfied Charges

₹267.78 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 130.00 Cr
  • Others : 60.53 Cr
  • Daimler Financial Services India Private Limited : 25.24 Cr
  • Srei Equipment Finance Limited : 24.38 Cr
  • Hdfc Bank Limited : 13.16 Cr
  • Others : 14.47 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2018 Hdfc Bank Limited ₹5.21 Cr Satisfied
31 Mar 2018 Others ₹10.04 Cr Satisfied
20 Jan 2018 Others ₹2.59 Cr Satisfied
20 Jan 2018 Others ₹2.61 Cr Satisfied
20 Jan 2018 Others ₹2.59 Cr Satisfied

How Many Employees Work at International Commerce?

International Commerce has a workforce of 19 employees as of Apr 05, 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 International 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 International 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 International Commerce

Recent activity within the organization

  • Annual General Meeting

    International Commerce Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 31 Mar 2018 via Charge ID 100173718 with Others was fully satisfied on 16 Jan 2023.

    16 Jan 2023

  • Charges

    A charge registered on 24 Apr 2018 via Charge ID 100174083 with Hdfc Bank Limited was fully satisfied on 07 Oct 2022.

    07 Oct 2022

  • Director Appointment

    Balaji Srinivasan was appointed as a Director was appointed as a Director on 15 Jul 2021 & has been associated with this company since 3 years 6 months .

    15 Jul 2021

  • Charges

    A charge registered on 13 Dec 2011 via Charge ID 10333392 with State Bank Of Mysore was fully satisfied on 27 Nov 2020.

    27 Nov 2020

Frequently asked questions

  • International Commerce Limited was incorporated on 01 Jul 1980.

  • The authorized share capital of International Commerce Limited is ₹ 5.05 Cr and paid-up capital is ₹ 4.07 Cr.

  • Currently 3 directors are associated with International Commerce Limited.

    • Shree Kumar Lakhotia
    • Premlata Lakhotia
    • Balaji Srinivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of International Commerce Limited is 63 Parvati Ghosh Lane Jatadhari Petrol Pump, Ram Mandir India, Kolkata, West Bengal, 700007.

  • The corporate identification number (CIN) of International Commerce Limited is U10100WB1980PLC204139 and the company number is 204139 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for International Commerce Limited has fallen by -19.69%.

  • As Per 2022 financial reports, 19 employees are currently employed by International Commerce Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of International Commerce Limited has experienced an upsurge of 10.95%.

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

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