Indorama Ventures Global Shared Services Private Limited

Indorama Ventures Global Shared Services Private Limited - business services in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U74999WB2019FTC247013 Incorporated 11 December 2019 ROC Kolkata HQ Kolkata, West Bengal, India
Active Foreign Private Limited Company business services
Data last updated
Revenue · FY 2025
₹95.16 Cr
▲ 15% YoY
Net profit · FY 2025
₹13.53 Cr
Net margin 14.2%
EBITDA · FY 2025
₹17.57 Cr
EBITDA margin 18.5%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
296
Provident fund records
Directors on board
5
As per MCA filings

About Indorama Ventures Global Shared Services Private Limited

Data last updated:

Indorama Ventures Global Shared Services Private Limited is a foreign private limited company based in Kolkata, West Bengal, India, a subsidiary of Indorama Netherlands B.V.. It operates in the business support services segment of the business services sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2019FTC247013. Its GSTIN is 19AAFCI4982D2ZC (West Bengal). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Ashok Jain and Sanjay Ramdas Ahuja.

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 Kolkata, West Bengal.

As per the financials filed for FY 2025, the company reported a revenue of ₹95.16 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹13.53 Cr (net margin 14.2%) and EBITDA of ₹17.57 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 95% over five years.

The company has about 296 employees on its provident fund (EPFO) records.

The company has 1 deal on record (1 rights issue); the latest was in February 2020. The company has 8 MSME Form 1 returns on record between 2020 and 2024, listing 135 overdue payments to 9 micro and small suppliers.

Company details

CIN U74999WB2019FTC247013
Registration Number 247013
Incorporation Date 11 December 2019
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Indorama Netherlands B.V.

CIN history

Indorama Ventures Global Shared Services has one previous CIN (Corporate Identification Number): U74999MH2019FTC334297. The current CIN is U74999WB2019FTC247013, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999WB2019FTC247013Current
U74999MH2019FTC334297Previous

Contact details

Indorama Ventures Global Shared Services Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    7th Floor Tower C – 2 Candor Tech Space It/Ites Plot No.1Dh Street No.316 Action Area – Id, Newtown, Kolkata, West Bengal, India – 700156
  • Industry
    Business Services, Business Support Services

To see the full contact details of Indorama Ventures Global Shared Services Private Limited, buy the company report.

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Indorama Ventures Global Shared Services Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Indorama Ventures Global Shared Services is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities82Office administrative, office support and other business support activities

To see the full business activity and turnover split of Indorama Ventures Global Shared Services Private Limited, buy the company report.

Financials of Indorama Ventures Global Shared Services Private Limited

FY 2024 filings available

Indorama Ventures Global Shared Services Private Limited reported revenue of ₹95.16 Cr (up 15% YoY) for FY 2025.

Revenue · FY 2025
₹95.16 Cr ▲ 15%
Net profit · FY 2025
₹13.53 Cr margin 14.2%
EBITDA · FY 2025
₹17.57 Cr margin 18.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 13%
5 years · compounded
▲ 95%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 7%
5 years · compounded
▲ 215%

Revenue has grown at a compounded annual rate (CAGR) of 95% over five years, including 15% growth in the latest year. EBITDA rose 2% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹17.57 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.53 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin18.5%
Net Profit Margin14.2%
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

To see the full financial statements and ratios of Indorama Ventures Global Shared Services Private Limited, buy the company report.

Board of directors of Indorama Ventures Global Shared Services Private Limited

Indorama Ventures Global Shared Services has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sundeep Surinder KohliAdditional Director05 Apr 20242 Years 6 MonthsCurrent
Ashok JainDirector02 Apr 20242 Years 6 MonthsCurrent
Sanjay Ramdas AhujaDirector02 May 20251 Years 5 MonthsCurrent
Biresh Ranjan DasAdditional Director17 May 20242 Years 5 MonthsCurrent
Rajaram SomaniDirector30 Sep 20242 Years 0 MonthsCurrent

Auditor

Indorama Ventures Global Shared Services Private Limited is audited by CHUNDER KHATOR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CHUNDER KHATOR & ASSOCIATESFY 2023322463E

Shareholding

The shareholding of Indorama Ventures Global Shared Services 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 categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Indorama Ventures Global Shared Services Private Limited, buy the company report.

Deals & funding

Indorama Ventures Global Shared Services Private Limited has 1 deal on record (1 rights issue); the latest was in February 2020.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2020Rights issue₹6.99 CrInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Indorama Ventures Global Shared Services Private Limited has 8 MSME Form 1 returns on record between 2020 and 2024, listing 135 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 9)

SupplierAmount dueDue sinceReported on
Rabita Software
Yashaswi Tempsquad Private Limited
Sequelone Solutions Private Limited
Globe All India Services Limited
Burman Bohra & Associates

To see the full MSME payment records of Indorama Ventures Global Shared Services Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Indorama Ventures Global Shared Services Private Limited has a workforce of 296 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
296
Active EPFO establishments
1
Employee growth
12.55%

GST

Indorama Ventures Global Shared Services has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
19AAFCI4982D2ZCWest BengalActive11 Mar 2020
36AAFCI4982D1ZHTelanganaActive02 May 2025

To see the full GST registrations and return filing status of Indorama Ventures Global Shared Services Private Limited, buy the company report.

Recent activity

Indorama Ventures Global Shared Services Private Limited has 14 board changes on record since 2020: 5 appointments and 9 cessations. The latest: Sanjay Ramdas Ahuja was appointed as Director on 02 May 2025.

Appointed
Sanjay Ramdas Ahuja was appointed as Director.
AGM
Indorama Ventures Global Shared Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Rajaram Somani was appointed as Director.
Ceased
Rajaram Somani ceased to be Additional Director.
Ceased
Ashok Jain ceased to be Additional Director.
Ceased
Biresh Ranjan Das ceased to be Additional Director.
Ceased
Sundeep Surinder Kohli ceased to be Additional Director.
Appointed
Biresh Ranjan Das was appointed as Additional Director.
Ceased
Sanjay Ramdas Ahuja ceased to be Director.
Appointed
Sundeep Surinder Kohli was appointed as Additional Director.
Appointed
Ashok Jain was appointed as Director.
Filing
Indorama Ventures Global Shared Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

5 earlier events are in the company report.

Frequently asked questions

Indorama Ventures Global Shared Services is an active foreign private limited company based in Kolkata, West Bengal, India. The company works in business support services, within the business services industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U74999WB2019FTC247013.

Indorama Ventures Global Shared Services has 5 current directors:

The latest financial statements of Indorama Ventures Global Shared Services 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 Indorama Ventures Global Shared Services is 19AAFCI4982D2ZC, registered in West Bengal. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAFCI4982D1ZH (Telangana).

The CIN (Corporate Identification Number) of Indorama Ventures Global Shared Services is U74999WB2019FTC247013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Indorama Ventures Global Shared Services was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kolkata.

Indorama Ventures Global Shared Services has 1 deal on record (1 rights issue); the latest was in February 2020.

Sanjay Ramdas Ahuja was appointed as Director on 02 May 2025. Rajaram Somani was appointed as Director on 30 Sep 2024. Rajaram Somani ceased to be Additional Director on 30 Sep 2024. Indorama Ventures Global Shared Services has 14 board changes on record in total.

Indorama Ventures Global Shared Services has 8 MSME Form 1 returns on record between 2020 and 2024, listing 135 overdue payments to 9 micro and small suppliers. The latest return was filed on 23 Apr 2024.

The registered office of Indorama Ventures Global Shared Services is at 7th Floor Tower C – 2 Candor Tech Space ItItes Plot No.1Dh Street No.316 Action Area – Id, Newtown, Kolkata, West Bengal, India – 700156.

Indorama Ventures Global Shared Services operates in the business services industry, in the business support services segment.