Indico Ventures Lab Private Limited
About Indico Ventures Lab Private Limited
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Indico Ventures Lab Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 28 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC178340.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹15 Lakh. It is led by directors including Rajkumar Hukmichand Chordia and Vishal Rajkumar Chordia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 55/A/56 Hadpsar Industrial Estate Near Tata Honywell, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.44 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹83.85 Lakh (net margin -329.5%) and EBITDA of -₹83.22 Lakh (EBITDA margin -327.1%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Suhana.
Company details
Contact details
Indico Ventures Lab Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 55/A/56 Hadpsar Industrial Estate Near Tata Honywell, Pune, Maharashtra, India – 411028
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Indico Ventures Lab 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
Indico Ventures Lab operates one associated brand: Suhana. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides pure spices, masala blends, spice mixes, and ready-to-eat items for consumers. | suhana.com |
Financials of Indico Ventures Lab Private Limited
FY 2025 filings availableIndico Ventures Lab Private Limited reported revenue of ₹25.44 Lakh (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 68% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹83.22 Lakh | ||||
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| Net Profit (PAT) | -₹83.85 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -327.1% | ||||
| Net Profit Margin | -329.5% | ||||
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To see the full financial statements and ratios of Indico Ventures Lab Private Limited, buy the company report.
Board of directors of Indico Ventures Lab Private Limited
Indico Ventures Lab has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Hukmichand Chordia | Director | 28 Aug 2018 | 8 Years 2 Months | Current |
| Vishal Rajkumar Chordia | Director | 28 Aug 2018 | 8 Years 2 Months | Current |
| Anand Rajkumar Chordia | Director | 28 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Indico Ventures Lab Private Limited is audited by BIRLA & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRLA & COMPANY | FY 2020 | 101529W |
Shareholding
The shareholding of Indico Ventures Lab Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indico Ventures Lab Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indico Ventures Lab Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indico Ventures Lab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indico Ventures Lab has 3 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ivl Brands Private Limited | U36900PN2019PTC182469 | |
| Anantved Research Labs Private Limited | U36999PN2019PTC182107 | |
| Ooj Organic Products Private Limited | U74999MH2018PTC305672 |
GST
No GST registration is on our record for Indico Ventures Lab Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indico Ventures Lab Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Anand Rajkumar Chordia was appointed as Director on 28 Aug 2018.
Frequently asked questions
Indico Ventures Lab is an active private limited company based in Pune, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 28 August 2018 (8+ years old) and is registered under CIN U74999PN2018PTC178340.
Indico Ventures Lab has 3 current directors:
- Rajkumar Hukmichand Chordia - Director
- Vishal Rajkumar Chordia - Director
- Anand Rajkumar Chordia - Director
The latest financial statements of Indico Ventures Lab on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Indico Ventures Lab is U74999PN2018PTC178340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indico Ventures Lab was incorporated on 28 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Anand Rajkumar Chordia was appointed as Director on 28 Aug 2018. Rajkumar Hukmichand Chordia was appointed as Director on 28 Aug 2018. Vishal Rajkumar Chordia was appointed as Director on 28 Aug 2018.
The registered office of Indico Ventures Lab is at Plot No. 55A56 Hadpsar Industrial Estate Near Tata Honywell, Pune, Maharashtra, India – 411028.
Indico Ventures Lab operates in the business services industry, in the miscellaneous business activities segment.
Indico Ventures Lab has 3 subsidiary companies including Ivl Brands Private Limited, Anantved Research Labs Private Limited, Ooj Organic Products Private Limited.
Indico Ventures Lab has 1 associated brand: Suhana.
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