
About Indograce Ecommerce Private Limited
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Indograce Ecommerce Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U52609KL2017PTC048979. Its GSTIN is 32AAECI4778C1ZQ (Kerala).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹56.69 Lakh. It is led by directors including Sabeer (Managing Director) and Shabna Nizar.
Its last annual general meeting (AGM) was held on 10 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thiruvananthapuram, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.11 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹32.21 Lakh (net margin -5.3%) and EBITDA of ₹29.26 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
The company is associated with 2 brands: Indograce Emart and Zigjo. As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending. The company has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹83.5 Lakh; the latest was in January 2022. Its 10 peer companies in the Metals and Minerals industry (Broad Based Ecommerce, Construction Materials Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Geetanjali Traders Private Limited with revenue of ₹6.13 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indograce.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressBuild Hub Mp/3/279/J, 16th Mile Stone, Thiruvananthapuram, Kerala, India – 695317
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Indograce Ecommerce Private Limited
The main business activity of Indograce Ecommerce is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Indograce Ecommerce Private Limited FY 2025 filings available
Indograce Ecommerce Private Limited reported revenue of ₹6.11 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Indograce Ecommerce Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 582% 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 Indograce Ecommerce Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹29.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32.21 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 Indograce Ecommerce Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.3% | •••• | •••• | •••• | •••• |
| 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 Indograce Ecommerce are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Indograce Ecommerce Private Limited
Indograce Ecommerce Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Broad Based Ecommerce, Construction Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geetanjali Traders Private Limited | ₹6.13 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Aida Bitumex Private Limited | ₹6.13 Cr (FY 2021) | •••• | •••• | •••• | Patna, Bihar, India | |
| Dhriti Mines and Minerals Private Limited | ₹6.12 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | New Delhi, Delhi, India |
| Oppdoor Innovative Solutions Private Limited | ₹6.12 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Ncity Ceramics Private Limited | ₹6.12 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Thane, Maharashtra, India |
| Indograce Ecommerce Private Limited this company | ₹6.11 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Thiruvananthapuram, Kerala, India |
| Talianna Consultants Private Limited | ₹6.11 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Neelgiri Bathware Private Limited | ₹6.1 Cr (FY 2023) | •••• | •••• | 34.0% | •••• | Delhi, India |
| Everything Beautiful Retail Private Limited | ₹6.1 Cr (FY 2025) | •••• | •••• | 542.0% | •••• | Bangalore, Karnataka, India |
| Alkara Stones Private Limited | ₹6.08 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Rasava Infra Private Limited | ₹6.08 Cr (FY 2025) | •••• | •••• | 1233.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indograce Ecommerce by revenue in the Metals and Minerals industry (Broad Based Ecommerce, Construction Materials Retail and Distribution), 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 Indograce Ecommerce Private Limited
Indograce Ecommerce Private Limited is audited by J A B & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J A B & 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.
Board of Directors of Indograce Ecommerce Private Limited
Indograce Ecommerce 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 |
|---|---|---|---|---|
| Jafarudeen Mohamed Abdul Salam | Additional Director | 03 Jan 2022 | 4 Years 9 Months | Current |
| Sabeer Also directs: Buildhub Retail LLP, Buildhub Developers LLP, Indoxy Projects Private Limited and 2 more | Managing Director | 25 Apr 2017 | 9 Years 5 Months | Current |
| Shabna Nizar | Director | 25 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Indograce Ecommerce 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 Indograce Ecommerce Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2021 | Axis Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Indograce Ecommerce Private Limited
Indograce Ecommerce Private Limited has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹83.5 Lakh; the latest was in January 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Rights issue | ₹1.4 Cr | Investors: 3 individuals |
| Jan 2020 | Rights issue | ₹1.2 Cr | Investors: 4 individuals Seller: an individual |
| Nov 2019 | Rights issue | ₹10 Lakh | Investors: an individual |
| Sep 2019 | Rights issue | ₹20 Lakh | Investors: an individual |
| Mar 2019 | Funding round | ₹40.6 Lakh | Investors: 4 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Indograce Ecommerce Private Limited
Indograce Ecommerce Private Limited has 4 court cases on record: 4 filed by Indograce Ecommerce. 3 cases are pending and 1 is disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Thiruvananthapuram, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Thiruvananthapuram, Kerala | Criminal case | Filed by the company against an individual | Pending |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 4 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.
Associated Brands with Indograce Ecommerce Private Limited
Indograce Ecommerce operates two associated brands: Indograce Emart and Zigjo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides pre-engineered buildings, roofing, and customized steel solutions for clients. | indograce.com | |
| AI platform for employee tracking, task management, and business process streamlining. | zigjoerp.com |
Employees and EPFO Compliance at Indograce Ecommerce Private Limited
Employment history and EPFO contributions of people linked to Indograce Ecommerce.
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.
News related to Indograce Ecommerce Private Limited
Recent Activity on Indograce Ecommerce Private Limited
Indograce Ecommerce Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Jafarudeen Mohamed Abdul Salam was appointed as Additional Director on 03 Jan 2022.
Credit Ratings, Litigation & Regulatory Alerts for Indograce Ecommerce 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 Indograce Ecommerce 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 Indograce Ecommerce 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 Indograce Ecommerce Private Limited
Indograce Ecommerce has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECI4778C1ZQ | Kerala | Active | 21 Sep 2017 |
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 Indograce Ecommerce 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 Indograce Ecommerce Private Limited
Indograce Ecommerce is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 April 2017 (9+ years old) and is registered under CIN U52609KL2017PTC048979.
Indograce Ecommerce reported revenue of ₹6.11 Cr for FY 2024 (down 21% YoY).
Indograce Ecommerce has 3 current directors:
- Sabeer - Managing Director
- Jafarudeen Mohamed Abdul Salam - Additional Director
- Shabna Nizar - Director
Indograce Ecommerce reported a net loss of ₹32.21 Lakh (net margin -5.3%) and EBITDA of ₹29.26 Lakh (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indograce Ecommerce is 19% over three years and 7% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indograce Ecommerce is 32AAECI4778C1ZQ, registered in Kerala.
The CIN (Corporate Identification Number) of Indograce Ecommerce is U52609KL2017PTC048979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indograce Ecommerce has 4 court cases on record: 4 filed by the company. 3 are pending. Most are in the district courts.
Indograce Ecommerce was incorporated on 25 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
Indograce Ecommerce has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹83.5 Lakh; the latest was in January 2022.
The peers of Indograce Ecommerce by revenue are Geetanjali Traders Private Limited, Aida Bitumex Private Limited, Dhriti Mines and Minerals Private Limited, Oppdoor Innovative Solutions Private Limited, Ncity Ceramics Private Limited and 5 more, all in the Metals and Minerals industry (Broad Based Ecommerce, Construction Materials Retail and Distribution).