About Indianroots Retail Private Limited
Data last updated:
Indianroots Retail Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Indianroots Shopping Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 14 November 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U52590DL2013PTC260315. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ravi Asawa and Rajeev Varma.
Its last annual general meeting (AGM) was held on 20 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Ndtv 402 Archana Commercial Complex B Block Road Archana Greater Kailash, I, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2017, the company reported a revenue of ₹86 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹3.06 Cr (net margin -355.7%) and EBITDA of -₹3.06 Cr (EBITDA margin -355.7%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
The company was associated with 1 brand: IndianRoots. Court records list 3 cases involving the company, including 3 filed against it. The company has 1 deal on record (1 acquisition); the latest was in November 2013. Its 4 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 1 smaller; the largest is Techzap Business Solutions Private Limited with revenue of ₹70.92 Lakh.
The last known website on record is indianroots.in.
Company details
Contact details
Indianroots Retail Private Limited's registered office is in New Delhi, Delhi. Its website is indianroots.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNdtv 402 Archana Commercial Complex B Block Road Archana Greater Kailash, I, New Delhi, Delhi, India – 110048
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Indianroots Retail 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
Brands
Indianroots Retail operates one associated brand: IndianRoots. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Indian ethnic apparel and accessories are sold online via IndianRoots. | indianroots.in |
Business activity
The main business activity of Indianroots Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Indianroots Retail Private Limited, buy the company report.
Financials of Indianroots Retail Private Limited
FY 2017 filings availableIndianroots Retail Private Limited reported revenue of ₹86 Lakh (down 90% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over three years, including a 90% fall in the latest year. EBITDA rose 83% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹86 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.06 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.06 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -355.7% | ||
| Net Profit Margin | -355.7% | ||
| 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 Indianroots Retail Private Limited, buy the company report.
Board of directors of Indianroots Retail Private Limited
Indianroots Retail has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navneet Raghuvanshi | Additional Director | 15 Jan 2018 | 8 Years 9 Months | As last reported |
| Ravi Asawa Also directs: Aeris Communications India Private Limited | Director | 28 Nov 2013 | 12 Years 11 Months | As last reported |
| Rajeev Varma Also directs: Limetone Construction Private Limited, KJS Concrete Private Limited, Hunch Ventures and Investment Private Limited and 3 more | Director | 01 Dec 2020 | 5 Years 11 Months | As last reported |
Peer comparison
Indianroots Retail Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indianroots Retail Private Limitedthis company | ₹86 Lakh (FY 2017) | -₹3.06 Cr | -355.7% | -90.0% | New Delhi, Delhi, India | |
| Techzap Business Solutions Private Limited | ₹70.92 Lakh (FY 2024) | 54.0% | New Delhi, Delhi, India | |||
| Anime Devta Brands Private Limited | ₹70.75 Lakh (FY 2024) | 37.0% | Jaipur, Rajasthan, India | |||
| N V Shoppe Sales and Marketing Private Limited | ₹70.48 Lakh (FY 2021) | Noida, Uttar Pradesh, India | ||||
| Sneakwear Private Limited | ₹69.34 Lakh (FY 2025) | 5.0% | Dehli, Delhi, India |
To see the full peer comparison of Indianroots Retail Private Limited, buy the company report.
Auditor
Indianroots Retail Private Limited is audited by B S R & Associates LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP | FY 2017 | 116231W/W-100024 |
Shareholding
The shareholding of Indianroots Retail Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indianroots Retail Private Limited, buy the company report.
Deals & funding
Indianroots Retail Private Limited has 1 deal on record (1 acquisition); the latest was in November 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2013 | Acquisition | Undisclosed | Buyer: Indianroots Shopping Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indianroots Retail Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by M/S Rachit Enterprise | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by an individual | Disposed |
| District court, Jaipur Metro I, Rajasthan | Civil suit | Filed against the company by M/S Jaipuriya Feb Private Ltd. | Disposed |
To see the full case history of Indianroots Retail 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 Indianroots Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indianroots Retail has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indianroots Retail Private Limited, buy the company report.
Recent activity
Indianroots Retail Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Rajeev Varma was appointed as Director on 01 Dec 2020.
1 earlier event is in the company report.
Frequently asked questions
Indianroots Retail has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Indianroots Retail was a private limited company based in New Delhi, Delhi, India. The company worked in general e-commerce platforms, within the e-commerce industry. It was incorporated on 14 November 2013 and is registered under CIN U52590DL2013PTC260315. The company has been struck off by the Registrar of Companies and is no longer operational.
Indianroots Retail had 3 directors:
- Navneet Raghuvanshi - Additional Director
- Ravi Asawa - Director
- Rajeev Varma - Director
The CIN (Corporate Identification Number) of Indianroots Retail is U52590DL2013PTC260315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Indianroots Retail is at Ndtv 402 Archana Commercial Complex B Block Road Archana Greater Kailash, I, New Delhi, Delhi, India – 110048.
Indianroots Retail was incorporated on 14 November 2013. It is registered with the Registrar of Companies, Delhi.
Indianroots Retail can be reached through the website indianroots.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Indianroots Retail on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 20 September 2017. Year-wise statements from 2015 are in the company report.
No. Indianroots Retail has 1 GST registration on record and it is cancelled or inactive.
Indianroots Retail operated in the e-commerce industry, in the general e-commerce platforms segment. It worked in this industry before it was struck off.
Indianroots Retail has 1 deal on record (1 acquisition); the latest was in November 2013.
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