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Indicold Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39 Cr
▲ 227% YoY
Net profit · FY 2024
₹15.89 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹63.93 Lakh
EBITDA margin 1.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹9.62 Lakh
Issued & subscribed
Open charges
₹21.5 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
34
Provident fund records
About Indicold Private Limited
Data last updated:
Indicold Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 13 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2019PTC357379. Its GSTIN is 07AAFCI4665R1ZT (Delhi). The company holds 12 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9.62 Lakh. It is led by directors Kartik Jalan (Managing Director) and Niharika Jalan.
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 100 – B – 389 Village Mashjid Moth, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2024, the company reported a revenue of ₹39 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.89 Lakh (net margin 0.4%) and EBITDA of ₹63.93 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 207% over three years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indicold. As per MCA filings, the company has open charges of ₹21.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in March 2024.
Indicold Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0021841). For more details, the company can be reached via its website indicold.in.
Company details
CIN U74999DL2019PTC357379
Registration Number 357379
Incorporation Date 13 November 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-08-0021841
Recognitions & Rankings of Indicold
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0021841
Contact details
Indicold Private Limited's registered office is in New Delhi, Delhi. Its website is indicold.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address100 – B – 389 Village Mashjid Moth, New Delhi, Delhi, India – 110049
- IndustryTransport and Logistics, Cold Storage & Warehousing Services, Integrated & Diversified Logistics Services
To see the full contact details of Indicold Private Limited, buy the company report.
Comprehensive company report
Indicold Private Limited - one report that includes everything
- 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
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Brands
Indicold operates one associated brand: Indicold. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end cold supply chain and warehouse logistics services are provided. | indicold.in |
Business activity
The main business activity of Indicold is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Indicold Private Limited, buy the company report.
Financials of Indicold Private Limited
FY 2024 filings availableIndicold Private Limited reported revenue of ₹39 Cr (up 227% YoY) for FY 2024.
Revenue · FY 2024
₹39 Cr ▲ 227%
Net profit · FY 2024
₹15.89 Lakh margin 0.4%
EBITDA · FY 2024
₹63.93 Lakh margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 227%
3 years · compounded
▲ 207%
EBITDA CAGR growth
1 year
▲ 171%
3 years · compounded
▲ 342%
Revenue has grown at a compounded annual rate (CAGR) of 207% over three years, including 227% growth in the latest year. EBITDA rose 171% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹63.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.89 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Indicold Private Limited, buy the company report.
Board of directors of Indicold Private Limited
Indicold has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niharika Jalan Also directs: Kailash Agro Private Limited, Ica Builds Private Limited, Shree Buildtech (India) Private Limited and 2 more | Director | 13 Nov 2019 | 6 Years 11 Months | Current |
| Kartik Jalan Also directs: Kailash Agro Private Limited, Ica Builds Private Limited, Indimuv Technologies Private Limited and 2 more | Managing Director | 13 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Indicold Private Limited is audited by M.L. MUTNEJA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.L. MUTNEJA & CO. | FY 2023 | 001446N |
Shareholding
The shareholding of Indicold Private Limited is on record for 4 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 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Indicold Private Limited, buy the company report.
Charges & borrowings
Open charges
₹21.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2025 | 101052151 | Others | ₹14 Cr | Open | |
| 24 Jan 2025 | 101052152 | Others | ₹5 Cr | Open | |
| 04 Jun 2023 | 100744922 | Hdfc Bank Limited | ₹2.5 Cr | Open |
To see the full charge records of Indicold Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Indicold Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in March 2024.
Total deals
1
Funding round
1
Disclosed funding
₹10 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round · Pre-Series A | ₹10 Cr | Investors: Fundalogical ventures |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indicold Private Limited has 1 court case on record: 1 filed by Indicold. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Indicold 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 Indicold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indicold Private Limited has a workforce of 34 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
41.67%
GST
Indicold has 12 GST registrations: 10 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
12
Active
10
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCI4665R1ZT | Delhi | Active | 14 Mar 2022 |
| 29AAFCI4665R1ZN | Karnataka | Active | 09 Dec 2019 |
| 06AAFCI4665R1ZV | Haryana | Active | 01 Jan 2020 |
| 09AAFCI4665R3ZN | Uttar Pradesh | Active | 24 Dec 2021 |
To see the full GST registrations and return filing status of Indicold Private Limited, buy the company report.
Recent activity
Indicold Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Ratna Mehta Nair ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 1,400.00 Lakh with Charge ID 101052151 was registered on 24 Jan 2025.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101052152 was registered on 24 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 250.00 Lakh registered on 04 Jun 2023 with Charge ID 100744922 was modified on 29 Nov 2024.
AGM
Indicold Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ratna Mehta Nair ceased to be Additional Director.
Filing
Indicold Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Ratna Mehta Nair was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100744922 was registered on 04 Jun 2023.
Appointed
Kartik Jalan was appointed as Managing Director.
Appointed
Niharika Jalan was appointed as Director.
Incorporation
13 Nov 2019
Indicold Private Limited was registered on 13 Nov 2019 with Roc Delhi & aged 6 years 11 months as per MCA records.
Frequently asked questions
Indicold is an active private limited company based in New Delhi, Delhi, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 13 November 2019 (7+ years old) and is registered under CIN U74999DL2019PTC357379.
Indicold has 2 current directors:
- Kartik Jalan - Managing Director
- Niharika Jalan - Director
The latest financial statements of Indicold 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 FY 2020 are in the company report.
The GSTIN of Indicold is 07AAFCI4665R1ZT, registered in Delhi. The company has 12 GST registrations in all, of which 10 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAFCI4665R1ZN (Karnataka), 06AAFCI4665R1ZV (Haryana), 09AAFCI4665R3ZN (Uttar Pradesh).
The CIN (Corporate Identification Number) of Indicold is U74999DL2019PTC357379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indicold has 1 court case on record: 1 filed by the company. 1 is pending.
Indicold was incorporated on 13 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Indicold has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in March 2024.
Ratna Mehta Nair ceased to be Additional Director on 29 Sep 2024. Ratna Mehta Nair was appointed as Additional Director on 12 Mar 2024. Kartik Jalan was appointed as Managing Director on 13 Nov 2019. Indicold has 4 board changes on record in total.
Yes, Indicold is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).