Innovative Commosales Private Limited
About Innovative Commosales Private Limited
Data last updated:
Innovative Commosales Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 January 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U68100WB2010PTC140595.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Balraj Gupta and Suresh Kumar Dhandh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 17/1 Lansdowne Terrace, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹97,894 (net margin 68%) and EBITDA of ₹1.33 Lakh (EBITDA margin 92.7%). Revenue has declined at a compounded annual rate (CAGR) of 180% over three years and 33% over five years.
Company details
CIN history
Innovative Commosales has one previous CIN (Corporate Identification Number): U52190WB2010PTC140595. The current CIN is U68100WB2010PTC140595, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100WB2010PTC140595 | Current |
| U52190WB2010PTC140595 | Previous |
Contact details
Innovative Commosales Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address17/1 Lansdowne Terrace, Kolkata, West Bengal, India – 700026
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Innovative Commosales 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 Innovative Commosales is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Innovative Commosales Private Limited, buy the company report.
Financials of Innovative Commosales Private Limited
FY 2024 filings availableInnovative Commosales Private Limited reported revenue of ₹1.44 Lakh (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 91% fall in the latest year. EBITDA fell 85% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.33 Lakh | ||||
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| Net Profit (PAT) | ₹97,894 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 92.7% | ||||
| Net Profit Margin | 68% | ||||
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To see the full financial statements and ratios of Innovative Commosales Private Limited, buy the company report.
Board of directors of Innovative Commosales Private Limited
Innovative Commosales has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balraj Gupta | Director | 29 Aug 2013 | 13 Years 2 Months | As last reported |
| Suresh Kumar Dhandh | Director | 16 May 2022 | 4 Years 5 Months | As last reported |
Peer comparison
Innovative Commosales Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innovative Commosales Private Limitedthis company | ₹1.44 Lakh (FY 2024) | ₹97,894 | 68% | -91.0% | Kolkata, West Bengal, India | |
| Passion Dealers Private Limited | ₹1.44 Lakh (FY 2024) | -91.0% | Kolkata, West Bengal, India | |||
| Juniper Commotrade Private Limited | ₹1.44 Lakh (FY 2024) | -91.0% | Kolkata, West Bengal, India | |||
| Smart Move Realty Private Limited | ₹1.44 Lakh (FY 2024) | -92.0% | Mohali, Punjab, India |
To see the full peer comparison of Innovative Commosales Private Limited, buy the company report.
Auditor
Innovative Commosales Private Limited is audited by AVIK SONTHALIA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVIK SONTHALIA & ASSOCIATES | FY 2017 | 328024E |
Shareholding
The shareholding of Innovative Commosales 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 Innovative Commosales Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Commosales 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 Innovative Commosales Private Limited; 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 Innovative Commosales Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovative Commosales Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Suresh Kumar Dhandh ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Innovative Commosales has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Innovative Commosales was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 January 2010 and is registered under CIN U68100WB2010PTC140595. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Innovative Commosales is U68100WB2010PTC140595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Commosales had 2 directors:
- Balraj Gupta - Director
- Suresh Kumar Dhandh - Director
Innovative Commosales was incorporated on 01 January 2010. It is registered with the Registrar of Companies, Kolkata.
The registered office of Innovative Commosales is at 171 Lansdowne Terrace, Kolkata, West Bengal, India – 700026.
The latest financial statements of Innovative Commosales on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Innovative Commosales operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Innovative Commosales by revenue are Passion Dealers Private Limited, Juniper Commotrade Private Limited, Smart Move Realty Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Suresh Kumar Dhandh ceased to be Additional Director on 29 Sep 2023. Alka Modi ceased to be Director on 16 May 2022. Suresh Kumar Dhandh was appointed as Director on 16 May 2022. Innovative Commosales has 8 board changes on record in total.
The compliance status of Innovative Commosales is compliant as of 23 July 2026.
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