- #1,374 Ashish Mangal & family ₹1,600 Cr

Indo Krates Pvt Ltd
About Indo Krates Pvt Ltd
Data last updated:
Indo Krates Pvt Ltd is a private limited company based in Rajasthan, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 12 May 1972 and has been in existence for over 54 years.
Its director Ashish Mangal and family are #1,374 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U29299RJ1972PTC001426. Its GSTIN is 08AAACI4181R1Z1 (Rajasthan).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Ashish Mangal and Shalu Mangal.
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 F – 259 V.K.I. Area Road No.13 Jaipur Rajasthan, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.34 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.17 Lakh (net margin 72.9%) and EBITDA of ₹4.2 Lakh (EBITDA margin 96.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹345.53 Cr and satisfied charges of ₹16.71 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Indo Krates
Contact details
Indo Krates Pvt Ltd's registered office is in Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 259 V.K.I. Area Road No.13 Jaipur Rajasthan, Rajasthan, India
- IndustryFinancial Services, Equipment Leasing & Financing, Real Estate Financing
To see the full contact details of Indo Krates Pvt Ltd, 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
Financials of Indo Krates Pvt Ltd
FY 2025 filings availableIndo Krates Pvt Ltd reported revenue of ₹4.34 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 4% 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 | ₹4.2 Lakh | ||||
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| Net Profit (PAT) | ₹3.17 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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| Profitability | |||||
| EBITDA Margin | 96.6% | ||||
| Net Profit Margin | 72.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indo Krates Pvt Ltd, buy the company report.
Board of directors of Indo Krates Pvt Ltd
Indo Krates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Mangal Also directs: Shiv Kripa Pipes LLP, Krishan Kripa Holiday Resorts LLP, Dynamic Cables Limited and 5 more | Director | 29 Nov 2002 | 23 Years 11 Months | Current |
| Shalu Mangal | Director | 29 Nov 2002 | 23 Years 11 Months | Current |
Peer comparison
Indo Krates Pvt Ltd is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wowtek Technology India Private Limited | ₹4.43 Lakh (FY 2024) | Thiruvallur, Tamil Nadu, India | ||||
| Digigen Systems Private Limited | ₹4.43 Lakh (FY 2025) | -81.0% | Mumbai, Maharashtra, India | |||
| Sunariya Motors Private Limited | ₹4.4 Lakh (FY 2022) | Sehrawan, Haryana, India | ||||
| Tririse Solutions Private Limited | ₹4.39 Lakh (FY 2022) | -31.0% | Bangalore, Karnataka, India | |||
| Megalyte Private Limited | ₹4.38 Lakh (FY 2024) | -38.0% | Hassan, Karnataka, India | |||
| Indo Krates Pvt Ltdthis company | ₹4.34 Lakh (FY 2025) | ₹3.17 Lakh | 72.9% | 5.0% | Rajasthan, India | |
| Autogrid Mobility Private Limited | ₹4.33 Lakh (FY 2022) | 34.0% | Pune, Maharashtra, India | |||
| Vaishnavas Energy Private Limited | ₹4.32 Lakh (FY 2025) | Durg, Chhattisgarh, India | ||||
| Suryudey Plastic Electronics Private Limited | ₹4.26 Lakh (FY 2025) | -82.0% | Mumbai, Maharashtra, India | |||
| Elfinco Technologies Private Limited | ₹4.23 Lakh (FY 2020) | New Delhi, Delhi, India | ||||
| Ambesten Electricals Private Limited | ₹4.23 Lakh (FY 2025) | -94.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Indo Krates Pvt Ltd, buy the company report.
Auditor
Indo Krates Pvt Ltd is audited by KULDEEP KUMAR GUPTA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KULDEEP KUMAR GUPTA & CO. | FY 2023 | 002703C |
Shareholding
The shareholding of Indo Krates Pvt Ltd is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indo Krates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2008 | 10113391 | Others | ₹344.75 Cr | Open | |
| 13 Nov 2003 | 90065974 | State Bank Ofbikaner & Jaipur | ₹70 Lakh | Open | |
| 05 May 1989 | 90066279 | Bank of Rajasthan Ltd | ₹2.5 Lakh | Open | |
| 04 May 1989 | 90066277 | The Bank of Rajasthan Limited | ₹2.5 Lakh | Open | |
| 04 May 1989 | 90069586 | The Bank of Rajasthan Limited | ₹2.5 Lakh | Open |
To see the full charge records of Indo Krates Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Indo Krates Pvt Ltd 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 Indo Krates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indo Krates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACI4181R1Z1 | Rajasthan | Active | 01 Mar 2024 |
To see the full GST registrations and return filing status of Indo Krates Pvt Ltd, buy the company report.
Recent activity
Indo Krates Pvt Ltd has 2 board changes on record since 2002: 2 appointments. The latest: Ashish Mangal was appointed as Director on 29 Nov 2002.
6 earlier events are in the company report.
Frequently asked questions
Indo Krates is an active private limited company based in Rajasthan, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 12 May 1972 (54+ years old) and is registered under CIN U29299RJ1972PTC001426.
Indo Krates has 2 current directors:
- Ashish Mangal - Director
- Shalu Mangal - Director
The latest financial statements of Indo Krates 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 2015 are in the company report.
The GSTIN of Indo Krates is 08AAACI4181R1Z1, registered in Rajasthan.
The CIN (Corporate Identification Number) of Indo Krates is U29299RJ1972PTC001426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Krates was incorporated on 12 May 1972, making it 54+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Indo Krates by revenue are Wowtek Technology India Private Limited, Digigen Systems Private Limited, Sunariya Motors Private Limited, Tririse Solutions Private Limited, Megalyte Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Ashish Mangal was appointed as Director on 29 Nov 2002. Shalu Mangal was appointed as Director on 29 Nov 2002.
The registered office of Indo Krates is at F – 259 V.K.I. Area Road No.13 Jaipur Rajasthan, Rajasthan, India.
Indo Krates operates in the financial services industry, in the equipment leasing and financing segment.
Indo Krates has open charges of ₹345.53 Cr and satisfied charges of ₹16.71 Cr as per latest MCA filings.

