About Indcap Advisors Private Limited
Data last updated:
Indcap Advisors Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74120WB2008PTC125639. Its GSTIN is 19AABCI8834Q1ZR (West Bengal). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28.88 Lakh. It was formerly known as Indcap Ei Financial Advisors Private Limited. It is led by directors Samir Agarwal and Kavita Agarwal.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Suite #1201 12th Floor Aurora Waterfront Gn – 34/1 Sector V Salt Lake City, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.91 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹2.69 Cr (net margin 38.9%) and EBITDA of ₹3.77 Cr (EBITDA margin 54.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indcap Advisors.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indcap.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSuite #1201 12th Floor Aurora Waterfront Gn – 34/1 Sector V Salt Lake City, Kolkata, West Bengal, India – 700091
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Associated Brands with Indcap Advisors Private Limited
Indcap Advisors operates one associated brand: Indcap Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial advisory services in capital raising, mergers, acquisitions, and debt resolution in India. | indcap.in |
Business Activity of Indcap Advisors Private Limited
The main business activity of Indcap Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Indcap Advisors Private Limited FY 2025 filings available
Indcap Advisors Private Limited reported revenue of ₹6.91 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indcap Advisors Private Limited
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 37% 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 Indcap Advisors Private Limited
| 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 | ₹3.77 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.69 Cr | •••• | •••• | •••• | •••• |
| 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 Indcap Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 38.9% | •••• | •••• | •••• | •••• |
| 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 Indcap Advisors 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.
Board of Directors of Indcap Advisors Private Limited
Indcap Advisors 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 |
|---|---|---|---|---|
| Samir Agarwal Also directs: Godawari Power and Ispat Limited, Neev Credit Limited, Jas Fintech Private Limited and 3 more | Director | 13 May 2008 | 18 Years 5 Months | Current |
| Kavita Agarwal Also directs: Neev Credit Limited, Ask Financial Advisors Private Limited, Indcap M&A Advisors Private Limited and 1 more | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
Peer Comparison of Indcap Advisors Private Limited
Indcap Advisors Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jec Adiuvo India Private Limited | ₹6.94 Cr (FY 2025) | •••• | •••• | 163.0% | •••• | Bangalore, Karnataka, India |
| Carcon Fleet and Facility Management Private Limited | ₹6.94 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Gurgaon, Haryana, India |
| Skoch Consultancy Services Private Limited | ₹6.93 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Miracles Finstock Services Private Limited | ₹6.92 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| SBJ Management Services Private Limited | ₹6.92 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Indcap Advisors Private Limited this company | ₹6.91 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Kolkata, West Bengal, India |
| Sapnadhan Info Solution Private Limited | ₹6.9 Cr (FY 2024) | •••• | •••• | 353556.0% | •••• | New Delhi, Delhi, India |
| Unlistedstreet Finserv Private Limited | ₹6.89 Cr (FY 2025) | •••• | •••• | 678.0% | •••• | Thane, Maharashtra, India |
| Composites Combine Technocrats Private Limited | ₹6.89 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Strucon Consulting Private Limited | ₹6.89 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
| Intelensa Sports & Entertainment Private Limited | ₹6.88 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indcap Advisors by revenue in the Outsourcing industry (Consulting Services), 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 Indcap Advisors Private Limited
Indcap Advisors Private Limited is audited by RAKESH KUMAR JAIN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH KUMAR JAIN | 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.
Ownership and Shareholding of Indcap Advisors 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 Indcap Advisors Private Limited
Indcap Advisors Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indcap Advisors Private Limited
Indcap Advisors Private Limited has a workforce of 6 employees as of Apr 09, 2024.
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 Indcap Advisors Private Limited
Indcap Advisors Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Saroj Bhutoria ceased to be Director on 24 Nov 2020.
Credit Ratings, Litigation & Regulatory Alerts for Indcap Advisors 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 Indcap Advisors 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 Indcap Advisors 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 Indcap Advisors Private Limited
Indcap Advisors has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCI8834Q1ZR | West Bengal | Active | 01 Jul 2017 |
| 07AABCI8834Q1ZW | Delhi | Active | 01 Jul 2017 |
| 24AABCI8834Q1Z0 | Gujarat | Active | 01 Jul 2017 |
| 27AABCI8834Q1ZU | Maharashtra | Active | 01 Jul 2017 |
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 Indcap Advisors 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.
Related news about Indcap Advisors Private Limited
Frequently Asked Questions about Indcap Advisors Private Limited
Indcap Advisors is an active private limited company based in Kolkata, West Bengal, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 May 2008 (18+ years old) and is registered under CIN U74120WB2008PTC125639.
Indcap Advisors reported revenue of ₹6.91 Cr for FY 2025 (down 29% YoY).
Indcap Advisors has 2 current directors:
- Samir Agarwal - Director
- Kavita Agarwal - Director
Indcap Advisors reported a net profit of ₹2.69 Cr (net margin 38.9%) and EBITDA of ₹3.77 Cr (EBITDA margin 54.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indcap Advisors is 21% over three years and 14% over five years. In the latest year (FY 2025) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indcap Advisors is 19AABCI8834Q1ZR, registered in West Bengal. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AABCI8834Q1ZW (Delhi), 24AABCI8834Q1Z0 (Gujarat), 27AABCI8834Q1ZU (Maharashtra).
The CIN (Corporate Identification Number) of Indcap Advisors is U74120WB2008PTC125639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indcap Advisors was incorporated on 13 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Indcap Advisors by revenue are Jec Adiuvo India Private Limited, Carcon Fleet and Facility Management Private Limited, Skoch Consultancy Services Private Limited, Miracles Finstock Services Private Limited, SBJ Management Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Saroj Bhutoria ceased to be Director on 24 Nov 2020. Kavita Agarwal ceased to be Director on 31 Mar 2020. Om Prakash Singhania ceased to be Director on 21 Feb 2020. Indcap Advisors has 8 board changes on record in total.
Indcap Advisors can be reached through the website indcap.in. Its registered office is in Kolkata, West Bengal, India.