About Indicus Ventures Private Limited
Data last updated:
Indicus Ventures Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 15 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U63000MP2011PTC025800. Its GSTIN is 23AACCI5845C3ZV (Madhya Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹99.96 Lakh. It is led by directors Neeraj Patidar and Sharad Patidar.
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 Jr Mig – 9 E – 3 Arera Colony, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.52 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹4.78 Lakh (net margin -15.2%) and EBITDA of ₹22.24 Lakh (EBITDA margin 70.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over five years.
As per MCA filings, the company has open charges of ₹1.98 Cr and satisfied charges of ₹9.17 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 indicusventures.com.
CIN History of Indicus Ventures Private Limited
Indicus Ventures has one previous CIN (Corporate Identification Number): U26100MP2011PTC025800. The current CIN is U63000MP2011PTC025800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63000MP2011PTC025800 | Current |
| U26100MP2011PTC025800 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressJr Mig – 9 E – 3 Arera Colony, Bhopal, Madhya Pradesh, India – 462016
- IndustryManufacturing, Glass & Products
- 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
- One PDF report, delivered after checkout
Business Activity of Indicus Ventures Private Limited
The main business activity of Indicus Ventures is transport and storage. In detail, this covers warehousing and storage.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Indicus Ventures Private Limited FY 2025 filings available
Indicus Ventures Private Limited reported revenue of ₹31.52 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indicus Ventures Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 1% fall 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 of Indicus Ventures Private Limited
| 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 | ₹22.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.78 Lakh | •••• | •••• | •••• | •••• |
| 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 of Indicus Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indicus Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Indicus Ventures Private Limited
Indicus Ventures has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Patidar | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
| Sharad Patidar | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
Peer Comparison of Indicus Ventures Private Limited
Indicus Ventures Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Glass Works). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saadhika Creations Glass Private Limited | ₹38.19 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Curves and Edges Glass Tech Private Limited | ₹36.7 Lakh (FY 2024) | •••• | •••• | 215.0% | •••• | Delhi, India |
| Black Gorilla Industries Private Limited | ₹36.49 Lakh (FY 2021) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
| Deccans Safety Glass Works Private Limited | ₹36.24 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Kolkata, West Bengal, India |
| Allahabad Glass Works Private Limited | ₹32.44 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Indicus Ventures Private Limited this company | ₹31.52 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Bhopal, Madhya Pradesh, India |
| Vaultarmor Industries Private Limited | ₹30.64 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Kolkata, West Bengal, India |
| Triplex Glass Works Pvt. Ltd | ₹29.38 Lakh (FY 2025) | •••• | •••• | -85.0% | •••• | Puducherry, India |
| Shree Rangkala Glass Design Private Limited | ₹28.39 Lakh (FY 2021) | •••• | •••• | -54.0% | •••• | Surat, Gujarat, India |
| Attitude Packaging Private Limited | ₹25.61 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Hyderabad, Telangana, India |
| Chandan Glass Private Limited | ₹25.61 Lakh (FY 2025) | •••• | •••• | -56.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indicus Ventures by revenue in the Manufacturing industry (Glass Works), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indicus Ventures Private Limited
Indicus Ventures Private Limited is audited by PATIDAR & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATIDAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Indicus Ventures Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indicus Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2020 | Others | ₹43 Lakh | Open |
| 29 Feb 2020 | Others | ₹1.55 Cr | Open |
| 30 Dec 2014 | Dewan Housing Finance Corporation Limited | ₹60.91 Lakh | Satisfied |
| 19 Jan 2012 | Central Bank of India | ₹8.56 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Indicus Ventures Private Limited
Indicus Ventures Private Limited has 2 court cases on record: 1 filed by Indicus Ventures, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Saint Gobain India Pvt Ltd Th Mr Kishor T Parmar | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against M/S Harshita Glass and Aluminium | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Indicus Ventures Private Limited
Indicus Ventures Private Limited has a workforce of 0 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Indicus Ventures Private Limited
Indicus Ventures Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Virendra Patidar ceased to be Director on 28 Mar 2019.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indicus Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indicus Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indicus Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indicus Ventures Private Limited
Indicus Ventures has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCI5845C3ZV | Madhya Pradesh | Active | 21 Mar 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indicus Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indicus Ventures Private Limited
Indicus Ventures is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 15 April 2011 (15+ years old) and is registered under CIN U63000MP2011PTC025800.
Indicus Ventures reported revenue of ₹31.52 Lakh for FY 2025 (down 1% YoY).
Indicus Ventures has 2 current directors:
- Neeraj Patidar - Director
- Sharad Patidar - Director
Indicus Ventures reported a net loss of ₹4.78 Lakh (net margin -15.2%) and EBITDA of ₹22.24 Lakh (EBITDA margin 70.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indicus Ventures is -19% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indicus Ventures is 23AACCI5845C3ZV, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Indicus Ventures is U63000MP2011PTC025800. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indicus Ventures has 2 court cases on record: 1 filed by the company and 1 filed against it.
Indicus Ventures was incorporated on 15 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Indicus Ventures by revenue are Saadhika Creations Glass Private Limited, Curves and Edges Glass Tech Private Limited, Black Gorilla Industries Private Limited, Deccans Safety Glass Works Private Limited, Allahabad Glass Works Private Limited and 5 more, all in the Manufacturing industry (Glass Works).
Virendra Patidar ceased to be Director on 28 Mar 2019. Yashwant Patidar ceased to be Director on 28 Mar 2019. Neeraj Patidar was appointed as Director on 20 Sep 2017. Indicus Ventures has 6 board changes on record in total.