MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0068735
Inddusinc Exim Private Limited - e-commerce in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹37.65 Cr
▼ 9% YoY
Net loss · FY 2024
₹7.85 Cr
Net margin -20.8%
EBITDA · FY 2024
-₹7.38 Cr
EBITDA margin -19.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Satisfied charges
₹1.9 Cr
No open charges
Company age
14 yrs
Est. 2012
Employees · EPFO
6
Provident fund records
About Inddusinc Exim Private Limited
Data last updated:
Inddusinc Exim Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 12 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32111GJ2012PTC122338. Its GSTIN is 24AADCI0895B2ZV (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.11 Lakh. It is led by directors including Hiren Ashok Kapasiawala and Pragna Hiren Kapasiawala.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.65 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹7.85 Cr (net margin -20.8%) and EBITDA of -₹7.38 Cr (EBITDA margin -19.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 22% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Inddus. As per MCA filings, the company has satisfied charges of ₹1.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Inddusinc Exim Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0068735). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inddus.in.
Company details
CIN U32111GJ2012PTC122338
Registration Number 122338
Incorporation Date 12 November 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0068735
CIN history
Inddusinc Exim has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32111GJ2012PTC122338, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32111GJ2012PTC122338 | Current |
| U51900MH2012PTC237877 | Previous |
| U51900GJ2012PTC122338 | Previous |
Key People
Hiren Ashok Kapasiawala Director Pragna Hiren Kapasiawala Director Divyesh Jayvadanbhai Bhajikhau Director Recognitions & Rankings of Inddusinc Exim
Contact details
Inddusinc Exim Private Limited's registered office is in Surat, Gujarat. Its website is inddus.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No.4B Anjani Tower Jewellers Apt Co – Op Hs Ltd 4th Floor Sy No 309 10 B Parle Point, Umra Road, Surat, Gujarat, India – 395007
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Inddusinc Exim Private Limited, buy the company report.
Comprehensive company report
Inddusinc Exim Private Limited - one report that includes everything
- 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
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Brands
Inddusinc Exim operates one associated brand: Inddus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet-first platform for ethnic apparel brands is operated. | inddus.com |
Business activity
The main business activity of Inddusinc Exim is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Inddusinc Exim Private Limited, buy the company report.
Financials of Inddusinc Exim Private Limited
FY 2024 filings availableInddusinc Exim Private Limited reported revenue of ₹37.65 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹37.65 Cr ▼ 9%
Net loss · FY 2024
₹7.85 Cr margin -20.8%
EBITDA · FY 2024
-₹7.38 Cr margin -19.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 2%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▼ 930%
3 years · compounded
▼ 130%
5 years · compounded
▼ 78%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 930% 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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| Total Expenses | |||||
| EBITDA | -₹7.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.6% | ||||
| Net Profit Margin | -20.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Inddusinc Exim Private Limited, buy the company report.
Board of directors of Inddusinc Exim Private Limited
Inddusinc Exim has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Ashok Kapasiawala | Director | 12 Nov 2012 | 13 Years 11 Months | Current |
| Pragna Hiren Kapasiawala | Director | 15 Jan 2015 | 11 Years 9 Months | Current |
| Divyesh Jayvadanbhai Bhajikhau | Director | 20 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Inddusinc Exim Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roop Square Private Limited | ₹39.05 Cr (FY 2025) | -5.0% | Ludhiana, Punjab, India | |||
| Cotton Cottage India Private Limited | ₹38.42 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Inddusinc Exim Private Limitedthis company | ₹37.65 Cr (FY 2024) | -₹7.85 Cr | -20.8% | -9.0% | 6 | Surat, Gujarat, India |
| Pulimoottil Silks and Apparel Private Limited | ₹33.7 Cr (FY 2025) | -24.0% | Thodupuzha, Kerala, India | |||
| Arisu Retail Private Limited | ₹33.55 Cr (FY 2024) | -6.0% | Chennai, Tamil Nadu, India | |||
| Theater Apparel Private Limited | ₹33.47 Cr (FY 2025) | 137.0% | Chandigarh, India |
To see the full peer comparison of Inddusinc Exim Private Limited, buy the company report.
Auditor
Inddusinc Exim Private Limited is audited by GRR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRR & CO. | FY 2023 | 121213W |
Shareholding
The shareholding of Inddusinc Exim Private Limited 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Inddusinc Exim Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2015 | 10618044 | Others | ₹1.9 Cr | Satisfied |
To see the full charge records of Inddusinc Exim Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Inddusinc Exim Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Inddusinc Exim 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
Inddusinc Exim Private Limited has 8 MSME Form 1 returns on record between 2017 and 2021, listing 848 overdue payments to 197 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 197)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Inddusinc Exim Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Inddusinc Exim Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-14.29%
GST
Inddusinc Exim has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCI0895B2ZV | Gujarat | Active | 01 Jul 2017 |
| 27AADCI0895B1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 06AADCI0895B1ZU | Haryana | Active | 04 May 2018 |
| 29AADCI0895B1ZM | Karnataka | Active | 05 May 2018 |
To see the full GST registrations and return filing status of Inddusinc Exim Private Limited, buy the company report.
Recent activity
Inddusinc Exim Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Divyesh Jayvadanbhai Bhajikhau ceased to be Additional Director on 31 Dec 2020.
AGM
Inddusinc Exim Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Inddusinc Exim Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 28 Dec 2015 via Charge ID 10618044 with Others was fully satisfied on 13 Jun 2023.
Ceased
Divyesh Jayvadanbhai Bhajikhau ceased to be Additional Director.
Appointed
Divyesh Jayvadanbhai Bhajikhau was appointed as Director.
Charges
A charge with Others of Rs. 1.90 Cr registered on 28 Dec 2015 with Charge ID 10618044 was modified on 26 Sep 2018.
Charges
A charge with Others amounted to Rs. 1.90 Cr with Charge ID 10618044 was registered on 28 Dec 2015.
Appointed
Pragna Hiren Kapasiawala was appointed as Director.
Ceased
Sanjay Jaiprakash Agarwal ceased to be Director.
Ceased
Hiren Arunkumar Modi ceased to be Director.
Appointed
Hiren Ashok Kapasiawala was appointed as Director.
Incorporation
12 Nov 2012
Inddusinc Exim Private Limited was registered on 12 Nov 2012 with Roc Ahmedabad & aged 13 years 11 months as per MCA records.
Frequently asked questions
Inddusinc Exim is an active private limited company based in Surat, Gujarat, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 12 November 2012 (14+ years old) and is registered under CIN U32111GJ2012PTC122338.
Inddusinc Exim has 3 current directors:
- Hiren Ashok Kapasiawala - Director
- Pragna Hiren Kapasiawala - Director
- Divyesh Jayvadanbhai Bhajikhau - Director
The latest financial statements of Inddusinc Exim 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 Inddusinc Exim is 24AADCI0895B2ZV, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCI0895B1ZQ (Maharashtra), 06AADCI0895B1ZU (Haryana), 29AADCI0895B1ZM (Karnataka).
The CIN (Corporate Identification Number) of Inddusinc Exim is U32111GJ2012PTC122338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inddusinc Exim has 1 court case on record: 1 filed against it. 1 is pending.
Inddusinc Exim was incorporated on 12 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Inddusinc Exim by revenue are Roop Square Private Limited, Cotton Cottage India Private Limited, Pulimoottil Silks and Apparel Private Limited, Arisu Retail Private Limited, Theater Apparel Private Limited, all in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading).
Divyesh Jayvadanbhai Bhajikhau ceased to be Additional Director on 31 Dec 2020. Divyesh Jayvadanbhai Bhajikhau was appointed as Director on 20 Oct 2018. Pragna Hiren Kapasiawala was appointed as Director on 15 Jan 2015. Inddusinc Exim has 6 board changes on record in total.
Yes, Inddusinc Exim is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0068735).
Inddusinc Exim has 8 MSME Form 1 returns on record between 2017 and 2021, listing 848 overdue payments to 197 micro and small suppliers. The latest return was filed on 15 Jun 2022.
Inddusinc Exim can be reached through the website inddus.in. Its registered office is in Surat, Gujarat, India.