Improvant Private Limited
About Improvant Private Limited
Data last updated:
Improvant Private Limited is a private limited company based in Sonipat, Haryana, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 31 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909HR2021PTC094118. Its GSTIN is 06AAGCI0897N1Z0 (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shivam and Lakshmi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gate Number – 7 Patel Nagar Sonipat Little Angeles School, Haryana, India – 131001.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.69 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹60.82 Lakh (net margin 4.8%) and EBITDA of ₹60.82 Lakh (EBITDA margin 4.8%).
Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Company details
Contact details
Improvant Private Limited's registered office is in Sonipat, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGate Number – 7 Patel Nagar Sonipat Little Angeles School, Haryana, India – 131001
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Improvant Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Improvant is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Improvant Private Limited, buy the company report.
Financials of Improvant Private Limited
FY 2023 filings availableImprovant Private Limited reported revenue of ₹12.69 Cr (up 418% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 418% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹12.69 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹60.82 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹60.82 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.8% | ||
| Net Profit Margin | 4.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Improvant Private Limited, buy the company report.
Board of directors of Improvant Private Limited
Improvant has 3 directors on record. No former directors are listed.
Peer comparison
Improvant Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BLK Foods India Private Limited | ₹12.73 Cr (FY 2025) | 169.0% | New Delhi, Delhi, India | |||
| K.P.S.Trade Com Private Limited | ₹12.71 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Improvant Private Limitedthis company | ₹12.69 Cr (FY 2023) | ₹60.82 Lakh | 4.8% | 418.0% | Sonipat, Haryana, India | |
| Shaksham Grains Private Limited | ₹12.64 Cr (FY 2024) | 160.0% | Farizabad, Uttar Pradesh, India | |||
| G Balaji Milk Products Private Limited | ₹12.62 Cr (FY 2025) | 2.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Improvant Private Limited, buy the company report.
Auditor
Improvant Private Limited is audited by APVG & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APVG & CO. | FY 2023 | 035902N |
Shareholding
The shareholding of Improvant Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Improvant Private Limited, buy the company report.
Legal cases
Improvant Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Toyota Financial Services India Ltd. | Disposed |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Toyota Financial Services India Limited | Disposed |
| Madras High Court | Arbitration matter | Filed against the company by Mercedes Benz Financial Services India Private Limited | Disposed |
| District court, Agra, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Up State | Pending |
| District court, North West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Toyota Financial Services Pvt. Ltd. | Disposed |
To see the full case history of Improvant Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Improvant Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Improvant Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Improvant has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCI0897N1Z0 | Haryana | Active | 31 Mar 2021 |
To see the full GST registrations and return filing status of Improvant Private Limited, buy the company report.
Recent activity
Improvant Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Dharampal was appointed as Additional Director on 21 Mar 2024.
Frequently asked questions
Improvant is an active private limited company based in Sonipat, Haryana, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 31 March 2021 (5+ years old) and is registered under CIN U51909HR2021PTC094118.
The latest financial statements of Improvant on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Improvant is 06AAGCI0897N1Z0, registered in Haryana.
The CIN (Corporate Identification Number) of Improvant is U51909HR2021PTC094118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Improvant has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
Improvant was incorporated on 31 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Improvant by revenue are BLK Foods India Private Limited, K.P.S.Trade Com Private Limited, Shaksham Grains Private Limited, G Balaji Milk Products Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Dharampal was appointed as Additional Director on 21 Mar 2024. Lakshmi was appointed as Director on 31 Mar 2021. Shivam was appointed as Director on 31 Mar 2021.
The registered office of Improvant is at Gate Number – 7 Patel Nagar Sonipat Little Angeles School, Haryana, India – 131001.
Improvant operates in the food and beverages industry, in the food and beverage retail and distribution segment.