About Indo Thai Commodities Private Limited
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Indo Thai Commodities Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 21 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51101MP2003PTC016226. Its GSTIN is 23AABCI2385J1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.39 Cr. It is led by directors including Parasmal Doshi and Sarthak Doshi.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.87 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Lakh (net margin -4.7%) and EBITDA of -₹98,681 (EBITDA margin -4.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹16.08 Cr on record. Court records list 1 case involving the company, including 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 indothai.co.in.
Company details
Contact details
Indo Thai Commodities Private Limited's registered office is in Indore, Madhya Pradesh. Its website is indothai.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No 56 3rd Floor Capital Tower, Plot No. 169A Pu – 4 Scheme No. 54, Indore, Madhya Pradesh, India – 452010
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Indo Thai Commodities 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 Indo Thai Commodities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Indo Thai Commodities Private Limited, buy the company report.
Financials of Indo Thai Commodities Private Limited
FY 2025 filings availableIndo Thai Commodities Private Limited reported revenue of ₹21.87 Lakh (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 19% fall in the latest year. EBITDA fell 105% 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 | -₹98,681 | ||||
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| Net Profit (PAT) | -₹1.02 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 | -4.5% | ||||
| Net Profit Margin | -4.7% | ||||
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To see the full financial statements and ratios of Indo Thai Commodities Private Limited, buy the company report.
Board of directors of Indo Thai Commodities Private Limited
Indo Thai Commodities has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parasmal Doshi | Director | 21 Nov 2003 | 22 Years 11 Months | Current |
| Sarthak Doshi Also directs: Sky Space Ventures LLP, Surana Estate and Commodity Trading Private Limited, Indo Thai Wealth Management Private Limited and 5 more | Director | 03 May 2017 | 9 Years 5 Months | Current |
| Dhanpal Doshi | Director | 21 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Indo Thai Commodities Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ace Net Services Private Limited. | ₹21.96 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Gupta Financial Services Pvt Ltd | ₹21.89 Lakh (FY 2024) | 11.0% | Durgapur, West Bengal, India | |||
| Indo Thai Commodities Private Limitedthis company | ₹21.87 Lakh (FY 2025) | -₹1.02 Lakh | -4.7% | -19.0% | Indore, Madhya Pradesh, India | |
| Fastrack Tradefin Limited | ₹21.69 Lakh (FY 2025) | -75.0% | Lucknow, Uttar Pradesh, India | |||
| Nipun Investment Private Limited | ₹21.65 Lakh (FY 2025) | -9.0% | Pune, Maharashtra, India |
To see the full peer comparison of Indo Thai Commodities Private Limited, buy the company report.
Auditor
Indo Thai Commodities Private Limited is audited by N K SAHU & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SAHU & CO | FY 2016 | 002763C |
Shareholding
The shareholding of Indo Thai Commodities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indo Thai Commodities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2016 | 100080433 | Others | ₹2 Cr | Satisfied | |
| 29 Nov 2014 | 10535110 | Others | ₹1 Cr | Satisfied | |
| 27 Nov 2014 | 10534097 | Indusind Bank Ltd. | ₹7 Cr | Satisfied | |
| 16 Jan 2014 | 10475216 | Bank of India | ₹53.8 Lakh | Satisfied | |
| 18 May 2009 | 10158504 | Union Bank of India | ₹95 Lakh | Satisfied |
To see the full charge records of Indo Thai Commodities Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Indo Thai Commodities Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Indo Thai Commodities 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 Indo Thai Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indo Thai Commodities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCI2385J1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indo Thai Commodities Private Limited, buy the company report.
Recent activity
Indo Thai Commodities Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Sarthak Doshi ceased to be Additional Director on 28 Sep 2017.
16 earlier events are in the company report.
News
Frequently asked questions
Indo Thai Commodities is an active private limited company based in Indore, Madhya Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 21 November 2003 (23+ years old) and is registered under CIN U51101MP2003PTC016226.
Indo Thai Commodities has 3 current directors:
- Parasmal Doshi - Director
- Sarthak Doshi - Director
- Dhanpal Doshi - Director
The latest financial statements of Indo Thai Commodities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indo Thai Commodities is 23AABCI2385J1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Indo Thai Commodities is U51101MP2003PTC016226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Thai Commodities has 1 court case on record: 1 filed against it.
Indo Thai Commodities was incorporated on 21 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Indo Thai Commodities by revenue are Ace Net Services Private Limited, Gupta Financial Services Pvt Ltd, Fastrack Tradefin Limited, Nipun Investment Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Sarthak Doshi ceased to be Additional Director on 28 Sep 2017. Sarthak Doshi was appointed as Director on 03 May 2017. Dhanpal Doshi was appointed as Director on 21 Nov 2003. Indo Thai Commodities has 4 board changes on record in total.
Indo Thai Commodities can be reached through the website indothai.co.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Indo Thai Commodities is at Block No 56 3rd Floor Capital Tower, Plot No. 169A Pu – 4 Scheme No. 54, Indore, Madhya Pradesh, India – 452010.