About Indian Soya Industries Private Limited
Data last updated:
Indian Soya Industries Private Limited is a private limited company based in Indore, Madhya Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 29 June 1968.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25110MP1968PTC001038. Its GSTIN is 23AAACI6419A2Z6 (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.24 Cr. It was formerly known as Indian Soya Industries Limited and Indian Rubber & Reclaims Private Limited. It is led by directors Vipul Jhavar and Nandlal Jhawar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No. 1 & 2 Sector B Industrial Area Sanwer Road, Indore, Madhya Pradesh, India – 452015.
As per the financials filed for FY 2018, the company reported a revenue of ₹62.49 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Cr (net margin 2%) and EBITDA of ₹9.36 Cr (EBITDA margin 15%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
The company has about 47 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹89.88 Cr and satisfied charges of ₹7.3 Cr on record. Court records list 31 cases involving the company, including 22 filed by the company and 10 filed against it; 20 cases are pending. The company has 10 deals on record (7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹10.74 Cr; the latest was in March 2018. Its 5 peer companies in the Chemicals industry (Edible Oils, Solvent Extraction), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 2 smaller; the largest is Sri Venkata Srinivasa Oils Private Limited with revenue of ₹64.44 Cr.
The last known website on record is indiansoya.in.
Company details
Name history
Indian Soya Industries has undergone 3 name changes throughout its history. The company was previously known as Indian Soya Industries Limited, Indian Rubber & Reclaims Private Limited, and Indian Rubber & Reclaims Limited. The current legal name is Indian Soya Industries Private Limited.
| Company Name | Status |
|---|---|
| Indian Soya Industries Private Limited | Current |
| Indian Soya Industries Limited | Previous |
| Indian Rubber & Reclaims Private Limited | Previous |
| Indian Rubber & Reclaims Limited | Previous |
CIN history
Indian Soya Industries has one previous CIN (Corporate Identification Number): U25110MP1968PLC001038. The current CIN is U25110MP1968PTC001038, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25110MP1968PTC001038 | Current |
| U25110MP1968PLC001038 | Previous |
Contact details
Indian Soya Industries Private Limited's registered office is in Indore, Madhya Pradesh. Its website is indiansoya.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 1 & 2 Sector B Industrial Area Sanwer Road, Indore, Madhya Pradesh, India – 452015
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
To see the full contact details of Indian Soya Industries 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
Business activity
The main business activity of Indian Soya Industries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Indian Soya Industries Private Limited, buy the company report.
Financials of Indian Soya Industries Private Limited
FY 2018 filings availableIndian Soya Industries Private Limited reported revenue of ₹62.49 Cr (down 37% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 37% fall in the latest year. EBITDA rose 26% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹62.49 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹9.36 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.27 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15% | |||
| Net Profit Margin | 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 Soya Industries Private Limited, buy the company report.
Board of directors of Indian Soya Industries Private Limited
Indian Soya Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Jhavar | Director | 10 Jul 2012 | 14 Years 3 Months | As last reported |
| Nandlal Jhawar | Director | 01 Nov 2011 | 14 Years 11 Months | As last reported |
Peer comparison
Indian Soya Industries Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Edible Oils, Solvent Extraction), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Venkata Srinivasa Oils Private Limited | ₹64.44 Cr (FY 2025) | -4.0% | Andhra Pradesh, India | |||
| Lal Chand Agro Oils Private Limited | ₹63.99 Cr (FY 2025) | 166.0% | Bareilly, Uttar Pradesh, India | |||
| Jindal Oils Industries Private Limited | ₹63.34 Cr (FY 2025) | 7.0% | Gwalior, Madhya Pradesh, India | |||
| Indian Soya Industries Private Limitedthis company | ₹62.49 Cr (FY 2018) | ₹1.27 Cr | 2% | -37.0% | 47 | Indore, Madhya Pradesh, India |
| K.C. Edible Oils Private Limited | ₹61.52 Cr (FY 2025) | -20.0% | Uttar Pradesh, India | |||
| Sri Shakthi Refineries Private Limited | ₹61.26 Cr (FY 2025) | -19.0% | Tumkur, Karnataka, India |
To see the full peer comparison of Indian Soya Industries Private Limited, buy the company report.
Auditor
Indian Soya Industries Private Limited is audited by S P MOONDRA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P MOONDRA & CO | FY 2018 | 004879C |
Shareholding
The shareholding of Indian Soya Industries Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indian Soya Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2013 | 10442622 | Punjab National Bank | ₹4.5 Cr | Open | |
| 11 Jun 2012 | 10359443 | Punjab National Bank | ₹15 Cr | Open | |
| 17 Apr 2012 | 10359442 | Punjab National Bank | ₹15 Cr | Open | |
| 06 Dec 2010 | 10261273 | Punjab Natioanal Bank | ₹5 Cr | Open | |
| 02 May 2008 | 10102185 | Punjab National Bank | ₹11.38 Cr | Open |
To see the full charge records of Indian Soya Industries Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Indian Soya Industries Private Limited has 10 deals on record (7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹10.74 Cr; the latest was in March 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Gambhir Cold Storage Private Limited Seller: Maa Annapurna Agritech Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: Gambhir Cold Storage Private Limited |
| Mar 2013 | Funding round | ₹1 Cr | Investors: 2 individuals |
| Nov 2009 | Funding round | ₹1 Cr | Investors: 2 individuals |
| Apr 2008 | Funding round | ₹1.24 Cr | Investors: an individual |
To see the full deal history of Indian Soya Industries 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
Indian Soya Industries Private Limited has 31 court cases on record: 22 filed by Indian Soya Industries, 10 filed against it. 20 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 16 | 1 | 13 |
| NCLAT | 5 | 5 | 5 |
| NCLT | 4 | 2 | 0 |
| District courts | 3 | 2 | 2 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed by the company against The Oriental Insurance Company Limited | Pending |
| NCLT, Indore | Insolvency matter | Filed against the company by Mangesh Vitthal Kekre Resolution Professional of Ms Indian Soya Industries Private Limited | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company against Ms Indian Soya Industries Private Limited and 1 other | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Indian Soya Industries 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 Indian Soya Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indian Soya Industries Private Limited has a workforce of 47 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Indian Soya Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACI6419A2Z6 | Madhya Pradesh | Active | 14 Jul 2020 |
To see the full GST registrations and return filing status of Indian Soya Industries Private Limited, buy the company report.
Recent activity
Indian Soya Industries Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Vipul Jhavar ceased to be Whole-Time Director on 28 Jul 2017.
12 earlier events are in the company report.
Frequently asked questions
Indian Soya Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Indian Soya Industries is a company under insolvency, formerly operating as a private limited company based in Indore, Madhya Pradesh, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 29 June 1968 and is registered under CIN U25110MP1968PTC001038. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Indian Soya Industries has 2 current directors:
- Vipul Jhavar - Director
- Nandlal Jhawar - Director
The latest financial statements of Indian Soya Industries on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indian Soya Industries is U25110MP1968PTC001038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Soya Industries has open charges of ₹89.88 Cr and satisfied charges of ₹7.3 Cr as per latest MCA filings.
Indian Soya Industries has 31 court cases on record: 22 filed by the company and 10 filed against it. 20 are pending. Most are in the supreme court.
Indian Soya Industries was incorporated on 29 June 1968. It is registered with the Registrar of Companies, Gwalior.
Indian Soya Industries has 10 deals on record (7 funding rounds, 3 secondary share transfers), with disclosed funding of ₹10.74 Cr; the latest was in March 2018.
The peers of Indian Soya Industries by revenue are Sri Venkata Srinivasa Oils Private Limited, Lal Chand Agro Oils Private Limited, Jindal Oils Industries Private Limited, K.C. Edible Oils Private Limited, Sri Shakthi Refineries Private Limited, all in the Chemicals industry (Edible Oils, Solvent Extraction), with the same principal business activity (food, beverages and tobacco products).
Vipul Jhavar ceased to be Whole-Time Director on 28 Jul 2017. Chandra Prakash Maheshwari ceased to be Director on 31 Dec 2015. Mangilal Jhawar ceased to be Whole-Time Director on 31 Dec 2015. Indian Soya Industries has 7 board changes on record in total.
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