About Indian Products Trading Company Private Limited
Data last updated:
Indian Products Trading Company Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Zenith Paper Products Private Limited. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 14 February 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32932MH1977PTC019489. Its GSTIN is 27AAACI1132Q1ZI (Maharashtra).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Rahul Ramavtar Goenka and Ramavtar Nathmal Goenka.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 73 7th Floor Maker Chambers VI Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.43 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹3.86 Cr (net margin 22.2%) and EBITDA of ₹5.42 Cr (EBITDA margin 31.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 5% over five years.
The company is associated with 1 brand: RAG Group. As per MCA filings, the company has open charges of ₹1.5 Lakh and satisfied charges of ₹31.61 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iptcindia.com.
Company details
CIN history
Indian Products Trading Company has one previous CIN (Corporate Identification Number): U32932MH2004PTC019489. The current CIN is U32932MH1977PTC019489, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32932MH1977PTC019489 | Current |
| U32932MH2004PTC019489 | Previous |
Contact details
Indian Products Trading Company Private Limited's registered office is in Mumbai, Maharashtra. Its website is iptcindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address73 7th Floor Maker Chambers VI Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Indian Products Trading Company Private 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
Indian Products Trading Company operates one associated brand: RAG Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified into chemical exports, financial investments, real estate, and wind power generation in India. | iptcindia.com |
Business activity
The main business activity of Indian Products Trading Company is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Indian Products Trading Company Private Limited, buy the company report.
Financials of Indian Products Trading Company Private Limited
FY 2025 filings availableIndian Products Trading Company Private Limited reported revenue of ₹17.43 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 23% 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 |
|---|---|---|---|---|---|
| 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 | ₹5.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.86 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.1% | ||||
| Net Profit Margin | 22.2% | ||||
| 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 Indian Products Trading Company Private Limited, buy the company report.
Board of directors of Indian Products Trading Company Private Limited
Indian Products Trading Company has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Ramavtar Goenka Also directs: Noesis Ventures Private Limited | Director | 26 Jul 1990 | 36 Years 3 Months | Current |
| Ramavtar Nathmal Goenka | Director | 14 Feb 1977 | 49 Years 8 Months | Current |
| Sushila Ramavtar Goenka Also directs: Zenith Paper Products Private Limited | Director | 02 Mar 2009 | 17 Years 8 Months | Current |
Peer comparison
Indian Products Trading Company Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vivek Petro Chemicals Private Limited | ₹17.53 Cr (FY 2024) | 557.0% | Faridabad, Haryana, India | |||
| Sudarshan Paints Private Limited | ₹17.52 Cr (FY 2025) | -1.0% | Delhi, India | |||
| Paramount Polytreat Chemicals Private Limited | ₹17.5 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| Ab Petrochem Private Limited | ₹17.48 Cr (FY 2025) | 50.0% | Pune, Maharashtra, India | |||
| Indian Products Trading Company Private Limitedthis company | ₹17.43 Cr (FY 2025) | ₹3.86 Cr | 22.2% | -21.0% | Mumbai, Maharashtra, India | |
| Sri Vigneshwara Petrochem Private Limited | ₹17.4 Cr (FY 2022) | 198.0% | Hyderabad, Telangana, India | |||
| Rayhaan Fuels Private Limited | ₹17.36 Cr (FY 2023) | 456.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Indian Products Trading Company Private Limited, buy the company report.
Auditor
Indian Products Trading Company Private Limited is audited by ASL & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASL & Co. | FY 2024 | 101921W |
Shareholding
The shareholding of Indian Products Trading Company Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indian Products Trading Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 1975 | 90152654 | Bank of Baroda | ₹1.5 Lakh | Open | |
| 23 Jun 2010 | 10302592 | Others | ₹3.5 Cr | Satisfied | |
| 27 Aug 2008 | 10121151 | Bank of Baroda | ₹6 Cr | Satisfied | |
| 27 Aug 2008 | 10121408 | Bank of Baroda | ₹4 Cr | Satisfied | |
| 27 Aug 2008 | 10121409 | Bank of Baroda | ₹4.9 Cr | Satisfied |
To see the full charge records of Indian Products Trading Company Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Indian Products Trading Company Private Limited has 2 court cases on record: 1 filed by Indian Products Trading Company, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Birla Power Solutions Ltd., and 3 Ors. | Disposed |
| High Court | Company petition | Filed against the company by Ganapati Exports Ltd. (in Liqn.) | Disposed |
To see the full case history of Indian Products Trading Company 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
Indian Products Trading Company Private Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 22 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Advatech Industries Private Limited | |||
| Sark Industries Private Limited |
To see the full MSME payment records of Indian Products Trading Company Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indian Products Trading Company has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
GST
Indian Products Trading Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1132Q1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Products Trading Company Private Limited, buy the company report.
Recent activity
Indian Products Trading Company Private Limited has 4 board changes on record since 1977: 3 appointments and 1 cessation. The latest: Sushila Ramavtar Goenka ceased to be Additional Director on 31 Aug 2009.
21 earlier events are in the company report.
Frequently asked questions
Indian Products Trading Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 14 February 1977 (49+ years old) and is registered under CIN U32932MH1977PTC019489.
Indian Products Trading Company has 3 current directors:
- Rahul Ramavtar Goenka - Director
- Ramavtar Nathmal Goenka - Director
- Sushila Ramavtar Goenka - Director
The latest financial statements of Indian Products Trading Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Products Trading Company is 27AAACI1132Q1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indian Products Trading Company is U32932MH1977PTC019489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Products Trading Company has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Indian Products Trading Company was incorporated on 14 February 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Indian Products Trading Company by revenue are Vivek Petro Chemicals Private Limited, Sudarshan Paints Private Limited, Paramount Polytreat Chemicals Private Limited, Ab Petrochem Private Limited, Sri Vigneshwara Petrochem Private Limited and 1 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Sushila Ramavtar Goenka ceased to be Additional Director on 31 Aug 2009. Sushila Ramavtar Goenka was appointed as Director on 02 Mar 2009. Rahul Ramavtar Goenka was appointed as Director on 26 Jul 1990. Indian Products Trading Company has 4 board changes on record in total.
Indian Products Trading Company has 7 MSME Form 1 returns on record between 2019 and 2021, listing 22 overdue payments to 3 micro and small suppliers. The latest return was filed on 08 Mar 2022.
Indian Products Trading Company can be reached through the website iptcindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Indian Products Trading Company is at 73 7th Floor Maker Chambers VI Nariman Point, Mumbai, Maharashtra, India – 400021.
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.
