About Indel Corporation Private Limited
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Indel Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U68100MH2011PTC222836. Its GSTIN is 27AACCI7546J1Z8 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹206 Cr and a paid-up capital of ₹205.96 Cr. It is led by directors including Mohanan Gopalakrishnan (Managing Director) and Anish Mohan Gopalakrishnan Mohanan (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹628.49 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹8.64 Cr (net margin -1.4%) and EBITDA of ₹205.49 Cr (EBITDA margin 32.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
As per MCA filings, the company has open charges of ₹1,337.55 Cr and satisfied charges of ₹95.31 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 5 cases are pending. The company has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹25.41 Cr; the latest was in December 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indelcorp.in.
Company details
CIN history
Indel Corporation has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68100MH2011PTC222836, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100MH2011PTC222836 | Current |
| U45400MH2011PTC222836 | Previous |
| U65900MH2011PTC222836 | Previous |
Contact details
Indel Corporation Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressUnit No.709 72 Corp Saki Vihar Road, Bandi Bazar Nair Wadi Saki Naka, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Diversified Financial Services
- 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 Indel Corporation is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Indel Corporation Private Limited, buy the company report.
Financials of Indel Corporation Private Limited
FY 2024 filings availableIndel Corporation Private Limited reported revenue of ₹628.49 Cr (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 35% 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 | ₹205.49 Cr | ||||
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| Net Profit (PAT) | -₹8.64 Cr | ||||
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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 | 32.7% | ||||
| Net Profit Margin | -1.4% | ||||
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To see the full financial statements and ratios of Indel Corporation Private Limited, buy the company report.
Board of directors of Indel Corporation Private Limited
Indel Corporation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Mohan Gopalakrishnan Mohanan Also directs: Indel Wheels LLP, Mithram Automotives Limited Liability Partnership, Mithram Mobikes LLP and 5 more | Whole-Time Director | 04 Nov 2016 | 9 Years 11 Months | Current |
| Umesh Mohanan | Director | 10 Oct 2011 | 15 Years 0 Months | Current |
| Mohanan Gopalakrishnan | Managing Director | 10 Oct 2011 | 15 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2025 | 101197694 | Others | ₹40 Cr | Open | |
| 18 Oct 2025 | 101176603 | Others | ₹4.1 Cr | Open | |
| 29 Sep 2025 | 101170399 | Others | ₹50 Cr | Open | |
| 26 Sep 2025 | 101164670 | Others | ₹35 Cr | Open | |
| 06 Aug 2025 | 101138632 | State Bank of India | ₹15 Cr | Open |
To see the full charge records of Indel Corporation Private Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Indel Corporation Private Limited has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹25.41 Cr; the latest was in December 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: Mohanan's Trust Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2015 | Rights issue | ₹33.63 Cr | Investors: an individual |
| Apr 2014 | Rights issue | ₹81.4 Cr | Investors: an individual |
| Mar 2014 | Acquisition | ₹65.41 Cr | Buyer: an individual |
To see the full deal history of Indel Corporation Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indel Corporation Private Limited has 11 court cases on record: 5 filed by Indel Corporation, 6 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 2 |
| High courts | 5 | 1 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Indel Money Limited, and 1 other | Pending |
| District court, Kottayam, Kerala | Civil suit | Filed by the company against Tata Capital Financial Services Limited. and 2 others | Disposed |
| District court, Palakkad, Kerala | Civil suit | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| High Court | Appeal | Filed against the company by individuals | Pending |
To see the full case history of Indel Corporation 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 Indel Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indel Corporation has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI7546J1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 32AACCI7546J1ZH | Kerala | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Indel Corporation Private Limited, buy the company report.
Recent activity
Indel Corporation Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Anish Mohan Gopalakrishnan Mohanan ceased to be Additional Director on 30 Dec 2017.
59 earlier events are in the company report.
Frequently asked questions
Indel Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 October 2011 (15+ years old) and is registered under CIN U68100MH2011PTC222836.
Indel Corporation has 3 current directors:
- Mohanan Gopalakrishnan - Managing Director
- Anish Mohan Gopalakrishnan Mohanan - Whole-Time Director
- Umesh Mohanan - Director
The latest financial statements of Indel Corporation 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 Indel Corporation is 27AACCI7546J1Z8, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AACCI7546J1ZH (Kerala).
The CIN (Corporate Identification Number) of Indel Corporation is U68100MH2011PTC222836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indel Corporation has 11 court cases on record: 5 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Indel Corporation was incorporated on 10 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Indel Corporation has 6 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹25.41 Cr; the latest was in December 2021.
Anish Mohan Gopalakrishnan Mohanan ceased to be Additional Director on 30 Dec 2017. Anish Mohan Gopalakrishnan Mohanan was appointed as Whole-Time Director on 04 Nov 2016. Dhanya Thazhe Punnadath ceased to be Company Secretary on 30 Jun 2015. Indel Corporation has 6 board changes on record in total.
Indel Corporation can be reached through the website indelcorp.in. Its registered office is in Mumbai, Maharashtra, India.
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