Independent Purchasing (Ipc) Private Limited
About Independent Purchasing (Ipc) Private Limited
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Independent Purchasing (Ipc) Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Independent Purchasing Co-Middle-East & Africa Ltd. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019FTC324627. Its GSTIN is 09AAFCI2576K1Z5 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹48 Lakh and a paid-up capital of ₹48 Lakh. It is led by directors including Shiva Tiwari and Sakshi Mehta.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 305 Floor – 3 Plot – 43 11 Marine Chamber V T Marg New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.26 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹45.98 Lakh (net margin 10.8%) and EBITDA of ₹71.15 Lakh (EBITDA margin 16.7%).
The company has about 5 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 funding round), with disclosed funding of ₹47 Lakh; the latest was in August 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Independent Purchasing (Ipc) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address305 Floor – 3 Plot – 43 11 Marine Chamber V T Marg New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Independent Purchasing (Ipc) 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
Financials of Independent Purchasing (Ipc) Private Limited
FY 2025 filings availableIndependent Purchasing (Ipc) Private Limited reported revenue of ₹4.26 Cr (down 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA fell 77% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹4.26 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹71.15 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹45.98 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Inventories | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 16.7% | |
| Net Profit Margin | 10.8% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Independent Purchasing (Ipc) Private Limited, buy the company report.
Board of directors of Independent Purchasing (Ipc) Private Limited
Independent Purchasing (Ipc) has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiva Tiwari Also directs: Caymana Partners LLP, Indigroz Agricultural Services Private Limited, Indigrozit Agricultural Services Private Limited and 3 more | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Sakshi Mehta | Director | 27 Feb 2023 | 3 Years 8 Months | Current |
| Ramzi Baroudy | Director | 29 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Independent Purchasing (Ipc) Private Limited is audited by ARUN ARORA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN ARORA & ASSOCIATES | FY 2020 | 100555W |
Shareholding
The shareholding of Independent Purchasing (Ipc) Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Independent Purchasing (Ipc) Private Limited, buy the company report.
Deals & funding
Independent Purchasing (Ipc) Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹47 Lakh; the latest was in August 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Funding round | ₹47 Lakh | Investors: Independent Purchasing Co- Middle East & Africa Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Independent Purchasing (Ipc) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Independent Purchasing (Ipc) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Independent Purchasing (Ipc) Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Independent Purchasing (Ipc) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCI2576K1Z5 | Uttar Pradesh | Active | 04 Dec 2019 |
To see the full GST registrations and return filing status of Independent Purchasing (Ipc) Private Limited, buy the company report.
Recent activity
Independent Purchasing (Ipc) Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Shiva Tiwari ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Independent Purchasing (Ipc) is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 April 2019 (7+ years old) and is registered under CIN U74999MH2019FTC324627.
Independent Purchasing (Ipc) has 3 current directors:
- Shiva Tiwari - Director
- Sakshi Mehta - Director
- Ramzi Baroudy - Director
The latest financial statements of Independent Purchasing (Ipc) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Independent Purchasing (Ipc) is 09AAFCI2576K1Z5, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Independent Purchasing (Ipc) is U74999MH2019FTC324627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Independent Purchasing (Ipc) was incorporated on 26 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Independent Purchasing (Ipc) has 1 deal on record (1 funding round), with disclosed funding of ₹47 Lakh; the latest was in August 2019.
Shiva Tiwari ceased to be Additional Director on 29 Sep 2024. Shiva Tiwari was appointed as Director on 01 Apr 2024. Saurabh Arun Arora ceased to be Director on 31 Mar 2024. Independent Purchasing (Ipc) has 8 board changes on record in total.
The registered office of Independent Purchasing (Ipc) is at 305 Floor – 3 Plot – 43 11 Marine Chamber V T Marg New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020.
Independent Purchasing (Ipc) operates in the business outsourcing industry, in the business and IT consulting segment.
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