Indivar Commercial Pvt Ltd
About Indivar Commercial Pvt Ltd
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Indivar Commercial Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 28 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC078770.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹62.72 Lakh. It is led by directors including Rustom Erach Daroga and Harish Prito Ramchandani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Calcutta Race Course Hastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2025, the company reported a revenue of ₹31,839, a growth of 50% compared to the previous year. Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indivar Commercial Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCalcutta Race Course Hastings, Kolkata, West Bengal, India – 700022
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Indivar Commercial Pvt Ltd, 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 Indivar Commercial Pvt Ltd
FY 2025 filings availableIndivar Commercial Pvt Ltd reported revenue of ₹31,839 (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 50% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. 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
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Financial Ratios
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To see the full financial statements and ratios of Indivar Commercial Pvt Ltd, buy the company report.
Board of directors of Indivar Commercial Pvt Ltd
Indivar Commercial has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Kankaria | Additional Director | 18 Jul 2022 | 4 Years 3 Months | Current |
| Rustom Erach Daroga Also directs: Media Supplements Private Limited, Freda Arts and Signs Private Limited, Smspl Securities Private Limited and 5 more | Director | 18 Jan 2012 | 14 Years 9 Months | Current |
| Harish Prito Ramchandani | Director | 18 Jan 2012 | 14 Years 9 Months | Current |
| Sudipto Sarkar | Director | 18 Jan 2012 | 14 Years 9 Months | Current |
| Enrico Robert Piperno | Director | 21 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Indivar Commercial Pvt Ltd is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Business Auxiliary Services, Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lexem India Private Limited | ₹32,232 (FY 2018) | -68.0% | New Delhi, Delhi, India | |||
| Chandrhasini Steel and Mines Private Limited | ₹32,085 (FY 2025) | Raigarh, Chhattisgarh, India | ||||
| Ardent Builders and Storage Private Limited | ₹32,000 (FY 2025) | 49.0% | Kota, Rajasthan, India | |||
| Food Ingredients Manufacturers & Suppliers of India Association | ₹31,883 (FY 2022) | -43.0% | Thane, Maharashtra, India | |||
| Sanmuga Trading Private Limited | ₹31,862 (FY 2024) | -97.0% | Chennai, Tamil Nadu, India | |||
| Indivar Commercial Pvt Ltdthis company | ₹31,839 (FY 2025) | 50.0% | Kolkata, West Bengal, India | |||
| Excel Briquettes Private Limited | ₹31,781 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Moonlight Devcon Private Limited | ₹31,508 (FY 2024) | 88.0% | Kolkata, West Bengal, India | |||
| Ramsiya Creations Private Limited | ₹31,320 (FY 2024) | -99.0% | Delhi, India | |||
| 3 Elements Sustainable Solutions & Infrastructure Private Limited | ₹31,320 (FY 2025) | Pune, Maharashtra, India | ||||
| Fuelco Washeries (India) Limited | ₹30,958 (FY 2025) | 4084.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Indivar Commercial Pvt Ltd, buy the company report.
Auditor
Indivar Commercial Pvt Ltd is audited by AMIT GANGULY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT GANGULY & CO | FY 2020 | 324272E |
Shareholding
The shareholding of Indivar Commercial Pvt Ltd is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
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| Domestic institutional investors (DII) | ||||
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| Others |
To see the full shareholding pattern of Indivar Commercial Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Indivar Commercial Pvt Ltd 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 Indivar Commercial Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indivar Commercial Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indivar Commercial Pvt Ltd has 18 board changes on record since 2007: 5 appointments and 13 cessations. The latest: Chandrakant Kankaria was appointed as Additional Director on 18 Jul 2022.
9 earlier events are in the company report.
Frequently asked questions
Indivar Commercial is an active private limited company based in Kolkata, West Bengal, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 28 March 1996 (30+ years old) and is registered under CIN U51909WB1996PTC078770.
Indivar Commercial has 5 current directors:
- Chandrakant Kankaria - Additional Director
- Rustom Erach Daroga - Director
- Harish Prito Ramchandani - Director
- Sudipto Sarkar - Director
- Enrico Robert Piperno - Director
The latest financial statements of Indivar Commercial on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indivar Commercial is U51909WB1996PTC078770. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indivar Commercial was incorporated on 28 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Indivar Commercial by revenue are Lexem India Private Limited, Chandrhasini Steel and Mines Private Limited, Ardent Builders and Storage Private Limited, Food Ingredients Manufacturers & Suppliers of India Association, Sanmuga Trading Private Limited and 5 more, all in the Metals and Minerals industry (Business Auxiliary Services, Materials Retail and Distribution).
Chandrakant Kankaria was appointed as Additional Director on 18 Jul 2022. Samir Ghosh ceased to be Director on 13 Nov 2018. Deepak Khaitan ceased to be Director on 09 Mar 2015. Indivar Commercial has 18 board changes on record in total.
The registered office of Indivar Commercial is at Calcutta Race Course Hastings, Kolkata, West Bengal, India – 700022.
Indivar Commercial operates in the metals and minerals industry, in the materials retail and distribution segment.
The compliance status of Indivar Commercial is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
Indivar Commercial can be reached at its registered office: Calcutta Race Course Hastings, Kolkata, West Bengal, India – 700022.
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