About Indexone Industries Limited
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Indexone Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 07 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2010PLC205313. Its GSTIN is 27AACCI3742C1ZX (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18 Cr. It was formerly known as Indexone Industries Private Limited and Indexone Infracon and Logistics Private Limited. It is led by directors including Navin Chordia (Managing Director) and Shashi Chordia (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 Unit No. 211 2nd Floor Ajay Service Indl – Estate B – Anjirwadi Mazgaon Nr Ganeshji Temps, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2025, the company reported a revenue of ₹282.86 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹6.14 Cr (net margin 2.2%) and EBITDA of ₹11.43 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹51.66 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 4 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in October 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indexone.in.
Company details
Name history
Indexone Industries has undergone 2 name changes throughout its history. The company was previously known as Indexone Industries Private Limited, and Indexone Infracon And Logistics Private Limited. The current legal name is Indexone Industries Limited.
| Company Name | Status |
|---|---|
| Indexone Industries Limited | Current |
| Indexone Industries Private Limited | Previous |
| Indexone Infracon And Logistics Private Limited | Previous |
CIN history
Indexone Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2010PLC205313, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2010PLC205313 | Current |
| U74110MH2010PTC205313 | Previous |
| U45202MH2010PTC205313 | Previous |
Contact details
Indexone Industries Limited's registered office is in Mumbai, Maharashtra. Its website is indexone.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 211 2nd Floor Ajay Service Indl – Estate B – Anjirwadi Mazgaon Nr Ganeshji Temps, Mumbai, Maharashtra, India – 400010
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Indexone Industries 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 Indexone Industries is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Indexone Industries Limited, buy the company report.
Financials of Indexone Industries Limited
FY 2024 filings availableIndexone Industries Limited reported revenue of ₹282.86 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 34% growth in the latest year. EBITDA fell 8% 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 |
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| EBITDA | ₹11.43 Cr | ||||
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| Net Profit (PAT) | ₹6.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indexone Industries Limited, buy the company report.
Board of directors of Indexone Industries Limited
Indexone Industries has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gyan Bhanwarlal Chordia Also directs: Rishabh Suitings LLP, G Two Real Estate LLP, Tvarur Oils & Fats Private Limited and 4 more | Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Shashi Chordia Also directs: Infinitum Storage Solution LLP, Rishabh Suitings LLP | Whole-Time Director | 25 Oct 2021 | 4 Years 11 Months | Current |
| Bharat Bhogilal Panchal | Additional Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Navin Chordia Also directs: Rishabh Suitings LLP, Lyev Green Energy Private Limited, Persistent Industries Private Limited and 3 more | Managing Director | 05 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Indexone Industries Limited is audited by RAKCHAMPS & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKCHAMPS & Co. LLP | FY 2023 | 131094W |
Shareholding
The shareholding of Indexone Industries 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indexone Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2012 | 10385328 | The Jammu and Kashmir Bank Limited | ₹51.66 Cr | Open | |
| 04 Jan 2013 | 10402956 | Others | ₹1 Cr | Satisfied | |
| 16 Jul 2011 | 10299548 | The Jammu and Kashmir Bank Limited | ₹4.5 Cr | Satisfied |
To see the full charge records of Indexone Industries Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Indexone Industries Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in October 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Feb 2012 | Funding round | ₹99 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indexone Industries Limited has 7 court cases on record: 3 filed by Indexone Industries, 4 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 2 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Future Connect Heavy Equipment and Machinery Sparte Parts Trading LLC | Pending |
| High Court | Court case (COMSS) | Filed against the company by Future Connect Heavy Equipment and Machinery Spare Parts Trading LLC | Pending |
| High Court | Court case (SJ) | Filed against the company by Future Connect Heavy Equipment and Machinery Spare Parts Trading LLC | Pending |
| Supreme Court | Court case (2401-Indirect Taxation : Customs Act, Customs Tariff Act, Export, Import and Anti-Dumping duty) | Filed against the company by Union of India Secretary Ministry of Finance Dept., Room No. 46, North Block , District: New Delhi , , Delhi and 4 others | Pending |
| High Court | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Indexone Industries 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.
Credit ratings & regulatory alerts
Indexone Industries Limited was last rated by Crisil on 28 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Sep 2021 |
To see the full credit ratings and regulatory alerts of Indexone Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indexone Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indexone Industries has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI3742C1ZX | Maharashtra | Active | 01 Jul 2017 |
| 29AACCI3742C2ZS | Karnataka | Active | 23 Apr 2025 |
To see the full GST registrations and return filing status of Indexone Industries Limited, buy the company report.
Recent activity
Indexone Industries Limited has 14 board changes on record since 2012: 4 appointments and 10 cessations. The latest: Bharat Bhogilal Panchal ceased to be Additional Director on 28 Aug 2024.
12 earlier events are in the company report.
Frequently asked questions
Indexone Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 07 July 2010 (16+ years old) and is registered under CIN U74110MH2010PLC205313.
Indexone Industries has 4 current directors:
- Navin Chordia - Managing Director
- Shashi Chordia - Whole-Time Director
- Gyan Bhanwarlal Chordia - Director
- Bharat Bhogilal Panchal - Additional Director
The latest financial statements of Indexone Industries 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 Indexone Industries is 27AACCI3742C1ZX, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 29AACCI3742C2ZS (Karnataka).
The CIN (Corporate Identification Number) of Indexone Industries is U74110MH2010PLC205313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indexone Industries has 7 court cases on record: 3 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Indexone Industries was incorporated on 07 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Indexone Industries has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹99 Lakh; the latest was in October 2017.
Bharat Bhogilal Panchal ceased to be Additional Director on 28 Aug 2024. Bharat Bhogilal Panchal was appointed as Additional Director on 30 Sep 2022. Dipesh Keval Mehta ceased to be Additional Director on 23 Sep 2022. Indexone Industries has 14 board changes on record in total.
Indexone Industries can be reached through the website indexone.in. Its registered office is in Mumbai, Maharashtra, India.