Incotex Impex Private Limited
About Incotex Impex Private Limited
Data last updated:
Incotex Impex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 21 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PTC087575. Its GSTIN is 27AAACI2602R1ZF (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Sham Shivanand Wagle and Alka Todi.
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 C – 26 2nd Floor Raj Industrial Complex Military Road Marol Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.38 Lakh. For the same year it recorded a net loss of ₹91.55 Lakh and EBITDA of -₹91.34 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹10.52 Cr and satisfied charges of ₹8.89 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Incotex Impex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 26 2nd Floor Raj Industrial Complex Military Road Marol Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Incotex Impex 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 Incotex Impex is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Incotex Impex Private Limited, buy the company report.
Financials of Incotex Impex Private Limited
FY 2024 filings availableIncotex Impex Private Limited reported revenue of ₹9.38 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years. EBITDA rose 64% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹91.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹91.55 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Incotex Impex Private Limited, buy the company report.
Board of directors of Incotex Impex Private Limited
Incotex Impex has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sham Shivanand Wagle | Director | 15 Mar 2019 | 7 Years 7 Months | Current |
| Arun Purusottamdas Todi Also directs: The Cotton Textiles Export Promotion Council | Additional Director | 08 Feb 2022 | 4 Years 8 Months | Current |
| Alka Todi | Director | 27 Oct 2014 | 11 Years 11 Months | Current |
Auditor
Incotex Impex Private Limited is audited by 803, Haware Infotech Park, for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| 803, Haware Infotech Park, | FY 2022 | 110560W |
Shareholding
The shareholding of Incotex Impex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Incotex Impex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100497173 | Others | ₹52 Lakh | Open | |
| 14 Dec 2020 | 100422935 | Others | ₹1.25 Cr | Open | |
| 08 Sep 2020 | 100423627 | Others | ₹1.25 Cr | Open | |
| 27 Oct 2016 | 100063325 | Others | ₹75 Lakh | Open | |
| 23 Nov 2009 | 10271055 | Others | ₹6.75 Cr | Open |
To see the full charge records of Incotex Impex Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Incotex Impex Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by M/S. Kintetsu World Express (India) Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M-S Kintetsu World Express India P Ltd | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Punjab National Bank Through Its Authorised Officer Mr Vivek Bodhi | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms United Packaging Industries | Disposed |
To see the full case history of Incotex Impex 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 Incotex Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Incotex Impex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI2602R1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Incotex Impex Private Limited, buy the company report.
Recent activity
Incotex Impex Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Arun Purusottamdas Todi was appointed as Additional Director on 08 Feb 2022.
16 earlier events are in the company report.
Frequently asked questions
Incotex Impex is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 21 April 1995 (31+ years old) and is registered under CIN U51900MH1995PTC087575.
Incotex Impex has 3 current directors:
- Sham Shivanand Wagle - Director
- Arun Purusottamdas Todi - Additional Director
- Alka Todi - Director
The latest financial statements of Incotex Impex 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 Incotex Impex is 27AAACI2602R1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Incotex Impex is U51900MH1995PTC087575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incotex Impex has 6 court cases on record: 6 filed against it. 1 is pending. Most are in the district courts.
Incotex Impex was incorporated on 21 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Arun Purusottamdas Todi was appointed as Additional Director on 08 Feb 2022. Arun Purusottamdas Todi ceased to be Director on 02 Apr 2019. Sham Shivanand Wagle was appointed as Director on 15 Mar 2019. Incotex Impex has 8 board changes on record in total.
The registered office of Incotex Impex is at C – 26 2nd Floor Raj Industrial Complex Military Road Marol Andheri East, Mumbai, Maharashtra, India – 400059.
Incotex Impex operates in the consumer goods industry, in the home furnishings manufacturing segment.