About Indage Engineering Private Limited
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Indage Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 24 August 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1977PTC019820. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Rajesh Vithal Shirgaonkar and Aruna Sham Chougule.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹32,800. For the same year it recorded a net loss of ₹2.82 Lakh and EBITDA of -₹2.95 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 36% over five years.
As per MCA filings, the company has open charges of ₹184.87 Cr and satisfied charges of ₹47 Cr on record. Court records list 21 cases involving the company, including 20 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indagegroup.com.
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- Website
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- Registered AddressR.No.6 3rd Floor Plot 422 Nav Bhavna Swatantrya Veer Savarkar Marg Kismat Cinema Prabh, Adevi, Mumbai, Maharashtra, India – 400025
- IndustryInfrastructure and Utilities, Infrastructure Project Management
- 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
Financials of Indage Engineering Private Limited FY 2025 filings available
Indage Engineering Private Limited reported revenue of ₹32,800 for FY 2023.
Compounded Annual Growth Rate (CAGR) of Indage Engineering Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years. 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 Indage Engineering Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹32,800 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.82 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 Indage Engineering Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Indage Engineering 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.
Auditor Details of Indage Engineering Private Limited
Indage Engineering Private Limited is audited by A K Kocchar & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A K Kocchar & 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 Indage Engineering Private Limited
Indage Engineering 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 |
|---|---|---|---|---|
| Rajesh Vithal Shirgaonkar Also directs: Himachal Indage Limited, Indage Investments Private Limited, Industrial Agencies Indage Private Limited and 2 more | Director | 30 Aug 2018 | 8 Years 1 Months | Current |
| Aruna Sham Chougule Also directs: Himachal Indage Limited, Indage Investments Private Limited, Maestro Catering Services Private Limited and 1 more | Director | 19 Jul 2010 | 16 Years 2 Months | Current |
| Vikrant Sham Chougule Also directs: Indage Hotels Limited, Nando's Indage Restaurants Private Limited, Industrial Agencies Indage Private Limited and 1 more | Director | 31 Jan 2009 | 17 Years 8 Months | Current |
| Ranjit Chougule Sham Also directs: Himachal Indage Limited, Indage Hotels Limited, Nando's Indage Restaurants Private Limited and 3 more | Director | 01 Sep 1997 | 29 Years 1 Months | Current |
Ownership and Shareholding of Indage Engineering 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 Indage Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2006 | Edelweiss Asset Reconstruction Company Limited | ₹25 Cr | Open |
| 01 Dec 2006 | Others | ₹159.87 Cr | Open |
| 31 Mar 2005 | Rabo India Finance Private Limited | ₹22 Cr | Satisfied |
| 31 Mar 2005 | Yes Bank Limited | ₹15 Cr | Satisfied |
| 29 Mar 2005 | Uco Bank | ₹10 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Indage Engineering Private Limited
Indage Engineering Private Limited has 21 court cases on record: 20 filed against it, 1 where it is another party. 1 case is pending and 20 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 17 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Liffey Constructions Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Ms Construction Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Apple Agriculture Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Liffey Constructions Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Apple Agriculture Private Limited | Disposed |
Full case history
All 21 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 Indage Engineering Private Limited
Employment history and EPFO contributions of people linked to Indage Engineering.
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 Indage Engineering Private Limited
Indage Engineering Private Limited has 8 board changes on record since 1997: 4 appointments and 4 cessations. The latest: Rajesh Vithal Shirgaonkar ceased to be Additional Director on 29 Sep 2023.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indage Engineering 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 Indage Engineering 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 Indage Engineering 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 Indage Engineering Private Limited
Indage Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Indage Engineering 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 Indage Engineering Private Limited
Indage Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 24 August 1977 (49+ years old) and is registered under CIN U74210MH1977PTC019820.
Indage Engineering reported revenue of ₹32,800 for FY 2023.
Indage Engineering has 4 current directors:
- Rajesh Vithal Shirgaonkar - Director
- Aruna Sham Chougule - Director
- Vikrant Sham Chougule - Director
- Ranjit Chougule Sham - Director
Indage Engineering reported a net loss of ₹2.82 Lakh and EBITDA of -₹2.95 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indage Engineering is -36% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Indage Engineering has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Indage Engineering is U74210MH1977PTC019820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indage Engineering has 21 court cases on record: 20 filed against it. 1 is pending. Most are in the district courts.
Indage Engineering was incorporated on 24 August 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajesh Vithal Shirgaonkar ceased to be Additional Director on 29 Sep 2023. Sham Ganpat Chougule ceased to be Director on 23 Aug 2020. Rajesh Vithal Shirgaonkar was appointed as Director on 30 Aug 2018. Indage Engineering has 8 board changes on record in total.