Ivorine Private Limited
About Ivorine Private Limited
Data last updated:
Ivorine Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 05 September 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1963PTC012733.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Darshana Himanshu Kanabar and Janaki Kishore Gokal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot 154 Ivorine Maharshi Karve Road Oval Maidan Churchgate Mumbai 400020, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.7 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹9.13 Lakh and EBITDA of -₹5.1 Lakh (EBITDA margin -299.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot 154 Ivorine Maharshi Karve Road Oval Maidan Churchgate Mumbai 400020, Maharashtra, India – 400020
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Ivorine Private Limited
The main business activity of Ivorine is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ivorine Private Limited FY 2024 filings available
Ivorine Private Limited reported revenue of ₹1.7 Lakh (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ivorine Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 3% growth in the latest year. EBITDA fell 71% 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 of Ivorine Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.13 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 of Ivorine Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -299.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ivorine are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ivorine Private Limited
Ivorine Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uniform Commerce Private Limited | ₹1.72 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| Brightlook Builders Private Limited | ₹1.72 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Montana Properties Private Limited | ₹1.72 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Russel Developers Pvt Ltd | ₹1.71 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Kolkata, West Bengal, India |
| Shree Gajraj Grah Nirman Private Limited | ₹1.71 Lakh (FY 2018) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Ivorine Private Limited this company | ₹1.7 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| SMN Farms Private Limited | ₹1.7 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Optimist Computers Private Limited | ₹1.7 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Prakash Colours Private Limited | ₹1.7 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Vidisha Logistic Private Limited | ₹1.69 Lakh (FY 2022) | •••• | •••• | 138.0% | •••• | Mumbai, Maharashtra, India |
| Xilon Trading Private Limited | ₹1.69 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ivorine by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ivorine Private Limited
Ivorine Private Limited is audited by ATUL PURANI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ATUL PURANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ivorine Private Limited
Ivorine has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshana Himanshu Kanabar Also directs: Multifashions Private Limited, Parachute Investments Private Limited, Accelerate Investments Private Limited and 1 more | Director | 23 Nov 2021 | 4 Years 10 Months | Current |
| Janaki Kishore Gokal | Director | 27 Jul 2010 | 16 Years 2 Months | Current |
| Kishore Jagjivan Gokal Also directs: Contrex Private Limited | Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Harsh Ashok Gokal Also directs: Contrex Private Limited, Mantrucks and Tractors (India) Private Limited, Cars and Carriages (India) Private Limited and 5 more | Director | 03 Jan 2008 | 18 Years 9 Months | Current |
Ownership and Shareholding of Ivorine Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ivorine Private Limited
Ivorine Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Ivorine Private Limited
Ivorine Private Limited has 17 court cases on record: 12 filed by Ivorine, 5 filed against it. 2 cases are pending and 15 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 3 | 2 |
| High courts | 7 | 2 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against Lee and Muirhead Private Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Trf.Matters) | Filed against the company by an individual | Disposed |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ivorine Private Limited
Employment history and EPFO contributions of people linked to Ivorine.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ivorine Private Limited
Ivorine Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Ashok Jagjivan Gokal ceased to be Director on 29 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ivorine Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ivorine Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ivorine Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ivorine Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ivorine Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ivorine Private Limited
Ivorine is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 05 September 1963 (63+ years old) and is registered under CIN U45200MH1963PTC012733.
Ivorine reported revenue of ₹1.7 Lakh for FY 2024 (up 3% YoY).
Ivorine has 4 current directors:
- Darshana Himanshu Kanabar - Director
- Janaki Kishore Gokal - Director
- Kishore Jagjivan Gokal - Director
- Harsh Ashok Gokal - Director
Ivorine reported a net loss of ₹9.13 Lakh and EBITDA of -₹5.1 Lakh (EBITDA margin -299.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ivorine is 3% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ivorine is U45200MH1963PTC012733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivorine has 17 court cases on record: 12 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Ivorine was incorporated on 05 September 1963, making it 63+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ivorine by revenue are Uniform Commerce Private Limited, Brightlook Builders Private Limited, Montana Properties Private Limited, Russel Developers Pvt Ltd, Shree Gajraj Grah Nirman Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Ashok Jagjivan Gokal ceased to be Director on 29 Aug 2024. Kishore Jagjivan Gokal ceased to be Director on 14 Mar 2022. Darshana Himanshu Kanabar was appointed as Director on 23 Nov 2021. Ivorine has 8 board changes on record in total.
The registered office of Ivorine is at Plot 154 Ivorine Maharshi Karve Road Oval Maidan Churchgate Mumbai 400020, Maharashtra, India – 400020.