About Indiaco Ventures Limited
Data last updated:
Indiaco Ventures Limited is a public limited company based in Pune, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L51909PN1983PLC129492. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹3.71 Cr. It was formerly known as Sainath Commercials Limited and Shivaji Securities Limited. It is led by directors including Gopalrao Gangadharrao Patwardhan (Managing Director) and Suresh Siddheshwar Ingale.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 214 Surya Plaza Lbs Road Navi Peth, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2015, the company reported a revenue of ₹38.74 Lakh. For the same year it recorded a net loss of ₹2.27 Cr and EBITDA of -₹2 Cr.
Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Indiaco. As per MCA filings, the company has satisfied charges of ₹46.44 Lakh on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 3 cases are pending. The company has 15 deals on record (14 market trades, 1 acquisition); the latest was in March 2013. Its 3 peer companies in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 1 smaller; the largest is Gulita Securities Limited with revenue of ₹38.78 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website indiaco.com.
Company details
Name history
Indiaco Ventures has undergone 2 name changes throughout its history. The company was previously known as Sainath Commercials Limited, and Shivaji Securities Limited. The current legal name is Indiaco Ventures Limited.
| Company Name | Status |
|---|---|
| Indiaco Ventures Limited | Current |
| Sainath Commercials Limited | Previous |
| Shivaji Securities Limited | Previous |
CIN history
Indiaco Ventures has one previous CIN (Corporate Identification Number): U51909PN1983PTC129492. The current CIN is L51909PN1983PLC129492, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909PN1983PLC129492 | Current |
| U51909PN1983PTC129492 | Previous |
Contact details
Indiaco Ventures Limited's registered office is in Pune, Maharashtra. Its website is indiaco.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address214 Surya Plaza Lbs Road Navi Peth, Pune, Maharashtra, India – 411030
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Indiaco Ventures 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
Brands
Indiaco Ventures operates one associated brand: Indiaco. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates Indian supermarkets offering groceries, delivery, and fresh produce in the USA. | indiaco.com |
Financials of Indiaco Ventures Limited
FY 2015 filings availableIndiaco Ventures Limited reported revenue of ₹38.74 Lakh for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹38.74 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹2 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.27 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
| Metrics | FY 2014-15 |
|---|---|
| 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 | |
To see the full financial statements and ratios of Indiaco Ventures Limited, buy the company report.
Board of directors of Indiaco Ventures Limited
Indiaco Ventures has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Siddheshwar Ingale Also directs: Seed Infotech Limited, Sindola Enterprises Private Limited | Director | 12 Nov 2012 | 13 Years 11 Months | Current |
| Mohan Genaji Parmar | Director | 12 Nov 2012 | 13 Years 11 Months | Current |
| Gopalrao Gangadharrao Patwardhan Also directs: SMCV Enterprise LLP, Nuevo Landmark Realty LLP, Duke Speciality Consultants Private Limited and 1 more | Managing Director | 28 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Indiaco Ventures Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gulita Securities Limited | ₹38.78 Lakh (FY 2025) | -35.0% | Mumbai, Maharashtra, India | |||
| Jatin Enterprises Private Limited | ₹38.75 Lakh (FY 2025) | 37.0% | Chandigarh, India | |||
| Indiaco Ventures Limitedthis company | ₹38.74 Lakh (FY 2015) | -₹2.27 Cr | Pune, Maharashtra, India | |||
| Vardhaman Finvest Private Limited | ₹38.7 Lakh (FY 2024) | 93.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Indiaco Ventures Limited, buy the company report.
Auditor
Indiaco Ventures Limited is audited by V C VENKATRAMAN & CO. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V C VENKATRAMAN & CO. | FY 2015 | 111372W |
Shareholding
The shareholding of Indiaco Ventures Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Indiaco Ventures Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2014 | 10534993 | Janaseva Sahakari Bank Ltd. Pune | ₹38 Lakh | Satisfied | |
| 01 Apr 2008 | 10215052 | Icici Bank Limited | ₹8.44 Lakh | Satisfied |
To see the full charge records of Indiaco Ventures Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Indiaco Ventures Limited has 15 deals on record (14 market trades, 1 acquisition); the latest was in March 2013.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Market trade | ₹1.4 Lakh | Buyer: BJD Securities Private Limited |
| Jul 2012 | Market trade | ₹9.2 Lakh | Buyer: an individual Seller: an individual |
| Sep 2009 | Market trade | ₹47.7 Lakh | Seller: Shlok Management and Investment Private Limited |
| Mar 2009 | Market trade | ₹26.6 Lakh | Buyer: an individual Seller: Shlok Management and Investment Private Limited |
| Jun 2008 | Market trade | ₹2.32 Cr | Buyer: an individual Seller: Shlok Management and Investment Private Limited |
To see the full deal history of Indiaco Ventures 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
Indiaco Ventures Limited has 13 court cases on record: 7 filed by Indiaco Ventures, 6 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 4 | 2 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Hindustan Lever Ltd Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Jaiprakash Industries Ltd Ors | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India Ministry of Corporate Affairs | Pending |
To see the full case history of Indiaco Ventures 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 Indiaco Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indiaco Ventures has 4 subsidiary companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indiaco Health Care Private Limited | U24240PN2009PTC134476 | |
| Indiaco Telecom Private Limited | U64201PN2008PTC131944 | |
| Indiaco Capital Private Limited | U72200PN2001PTC016112 | |
| Indiaco Advisors Private Limited | U72900PN2000PTC015525 |
To see the full group structure of Indiaco Ventures Limited, buy the company report.
GST
Indiaco Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indiaco Ventures Limited, buy the company report.
Recent activity
Indiaco Ventures Limited has 43 board changes on record since 1987: 23 appointments and 20 cessations. The latest: Umaraje Gangadharrao Patwardhan ceased to be Director on 02 Dec 2016.
38 earlier events are in the company report.
Frequently asked questions
Indiaco Ventures is an active public limited company based in Pune, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 April 1983 (43+ years old) and is registered under CIN L51909PN1983PLC129492.
Indiaco Ventures has 3 current directors:
- Gopalrao Gangadharrao Patwardhan - Managing Director
- Suresh Siddheshwar Ingale - Director
- Mohan Genaji Parmar - Director
The latest financial statements of Indiaco Ventures on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Indiaco Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Indiaco Ventures is L51909PN1983PLC129492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiaco Ventures is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Indiaco Ventures has 13 court cases on record: 7 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Indiaco Ventures was incorporated on 27 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Pune.
Indiaco Ventures has 15 deals on record (14 market trades, 1 acquisition); the latest was in March 2013.
The peers of Indiaco Ventures by revenue are Gulita Securities Limited, Jatin Enterprises Private Limited, Vardhaman Finvest Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Umaraje Gangadharrao Patwardhan ceased to be Director on 02 Dec 2016. Avinash Laxman Deshmukh ceased to be Director on 19 Jan 2016. Umaraje Gangadharrao Patwardhan was appointed as Director on 13 Aug 2014. Indiaco Ventures has 43 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
