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About Inco Colours (India) P Ltde
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Inco Colours (India) P Ltde is a private limited company based in Mumbai, Maharashtra, India. It operates in the colorants segment of the chemicals and materials sector. It was incorporated on 20 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24220MH1993PTC074032. Its GSTIN is 24AAACI2048F1Z2 (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.94 Lakh. It is led by directors including Vishakha Jagadishkumar Dholakia and Jagdish Kumudrai Dholakia.
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 is at 9 Hem Niketan N S Road No 5 Juhu Scheme Vile Parle West, Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.21 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹44.6 Lakh (net margin 1%) and EBITDA of ₹2.89 Cr (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹16.91 Cr and satisfied charges of ₹36.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incoindia.com.
Company details
Contact details
Inco Colours (India) P Ltde's registered office is in Mumbai, Maharashtra. Its website is incoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9 Hem Niketan N S Road No 5 Juhu Scheme Vile Parle West, Mumbai, Maharashtra, India – 400056
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
To see the full contact details of Inco Colours (India) P Ltde, 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 Inco Colours (India) P Ltde is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Inco Colours (India) P Ltde, buy the company report.
Financials of Inco Colours (India) P Ltde
FY 2024 filings availableInco Colours (India) P Ltde reported revenue of ₹46.21 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 13% 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 | ₹2.89 Cr | ||||
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| Net Profit (PAT) | ₹44.6 Lakh | ||||
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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 | 6.2% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Inco Colours (India) P Ltde, buy the company report.
Board of directors of Inco Colours (India) P Ltde
Inco Colours (India) P Ltde has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishakha Jagadishkumar Dholakia Also directs: B. R. Steel Products Private Limited | Director | 08 Oct 2015 | 11 Years 0 Months | Current |
| Jagdish Kumudrai Dholakia Also directs: B. R. Steel Products Private Limited, Devdip Dyechem Industries Private Limited, Kabir Chemtech Private Limited and 2 more | Director | 20 Sep 1993 | 33 Years 1 Months | Current |
| Ila Jagdish Dholakia Also directs: B. R. Steel Products Private Limited, Devdip Dyechem Industries Private Limited, Kabir Chemtech Private Limited and 2 more | Director | 20 Sep 1993 | 33 Years 1 Months | Current |
| Jagmeet Singh Sabharwal | Director | 23 Aug 2017 | 9 Years 2 Months | Current |
| Sheetal Jagmeet Singh Sabharwal | Director | 08 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Inco Colours (India) P Ltde is audited by Mr. Sriram Medepalli for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mr. Sriram Medepalli | FY 2023 | 051535 |
Shareholding
The shareholding of Inco Colours (India) P Ltde is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Inco Colours (India) P Ltde, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2017 | 100142572 | Axis Bank Limited | ₹16.91 Cr | Open | |
| 07 Sep 2022 | 100644775 | Others | ₹25 Lakh | Satisfied | |
| 08 Nov 2021 | 100517122 | Others | ₹32.42 Cr | Satisfied | |
| 13 Jul 1998 | 90163740 | The Saraswat Co-Op Bank Ltd | ₹30 Lakh | Satisfied | |
| 02 Aug 1994 | 90162981 | The Saraswat Co-Op Bank Ltd | ₹56 Lakh | Satisfied |
To see the full charge records of Inco Colours (India) P Ltde, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Inco Colours (India) P Ltde 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
Inco Colours (India) P Ltde has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 181 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akshar Electric & Electronics | |||
| Patel Enterprise | |||
| Micro Alloy Steels | |||
| S.R. Chemicals | |||
| Max Spare Limited |
To see the full MSME payment records of Inco Colours (India) P Ltde, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Inco Colours (India) P Ltde has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI2048F1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inco Colours (India) P Ltde, buy the company report.
Recent activity
Inco Colours (India) P Ltde has 7 board changes on record since 1993: 5 appointments and 2 cessations. The latest: Jagmeet Singh Sabharwal was appointed as Director on 23 Aug 2017.
12 earlier events are in the company report.
Frequently asked questions
Inco Colours (India) P Ltde is an active private limited company based in Mumbai, Maharashtra, India. The company works in colorants, within the chemicals and materials industry. It was incorporated on 20 September 1993 (33+ years old) and is registered under CIN U24220MH1993PTC074032.
Inco Colours (India) P Ltde has 5 current directors:
- Vishakha Jagadishkumar Dholakia - Director
- Jagdish Kumudrai Dholakia - Director
- Ila Jagdish Dholakia - Director
- Jagmeet Singh Sabharwal - Director
- Sheetal Jagmeet Singh Sabharwal - Director
The latest financial statements of Inco Colours (India) P Ltde 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.
The GSTIN of Inco Colours (India) P Ltde is 24AAACI2048F1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Inco Colours (India) P Ltde is U24220MH1993PTC074032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inco Colours (India) P Ltde was incorporated on 20 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Jagmeet Singh Sabharwal was appointed as Director on 23 Aug 2017. Sheetal Jagmeet Singh Sabharwal ceased to be Additional Director on 30 Sep 2016. Vishakha Jagadishkumar Dholakia ceased to be Additional Director on 30 Sep 2016. Inco Colours (India) P Ltde has 7 board changes on record in total.
Inco Colours (India) P Ltde has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 181 overdue payments to 28 micro and small suppliers. The latest return was filed on 01 Nov 2023.
Inco Colours (India) P Ltde can be reached through the website incoindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Inco Colours (India) P Ltde is at 9 Hem Niketan N S Road No 5 Juhu Scheme Vile Parle West, Mumbai, Maharashtra, India – 400056.
Inco Colours (India) P Ltde operates in the chemicals and materials industry, in the colorants segment.

