Indore Aromatics Pvt Ltd
About Indore Aromatics Pvt Ltd
Data last updated:
Indore Aromatics Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 06 January 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24117MP1983PTC002119. Its GSTIN is 23AAACI1239A1ZF (Madhya Pradesh).
The company has an authorised share capital of ₹8.15 Cr and a paid-up capital of ₹79.22 Lakh. It is led by directors including Gitanjali Ashutosh Maheshwari and Devendra Parashar.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.19 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Cr (net margin -142.9%) and EBITDA of -₹2.75 Cr (EBITDA margin -125.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 62% over five years.
As per MCA filings, the company has open charges of ₹3.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address16 B Builders, Dhenu Market Road, Indore, Madhya Pradesh, India – 452003
- IndustryFinancial Services, Investment Banking & Advisory
- 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 Indore Aromatics Pvt Ltd
The main business activity of Indore Aromatics is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Indore Aromatics Pvt Ltd FY 2025 filings available
Indore Aromatics Pvt Ltd reported revenue of ₹2.19 Cr (up 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indore Aromatics Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 100% growth in the latest year. EBITDA rose 22% 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 Indore Aromatics Pvt Ltd
| 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 | -₹2.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.13 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 of Indore Aromatics Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -125.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -142.9% | •••• | •••• | •••• | •••• |
| 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 Indore Aromatics 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.
Peer Comparison of Indore Aromatics Pvt Ltd
Indore Aromatics Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (Aromatics, Broking Services, Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dzongri Traders Private Limited | ₹2.2 Cr (FY 2022) | •••• | •••• | 128.0% | •••• | Siliguri, West Bengal, India |
| Excel Tea Machinery Private Limited | ₹2.2 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Kolkata, West Bengal, India |
| Narayani Leasing and Housing Private Limited | ₹2.2 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Indore, Madhya Pradesh, India |
| Prabhat Charter Infra Services Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | 176.0% | •••• | Mumbai, Maharashtra, India |
| Umashi Infine Private Limited | ₹2.19 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Indore Aromatics Pvt Ltd this company | ₹2.19 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | Indore, Madhya Pradesh, India |
| M.S. Living Liquidz Retail Express Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | 1427.0% | •••• | Vile Parle, Mumbai, Maharashtra, India |
| Consortexe Properties Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Thane, Maharashtra, India |
| Rca Developers and Promoters Private Limited | ₹2.19 Cr (FY 2024) | •••• | •••• | 969.0% | •••• | New Delhi, Delhi, India |
| J.G.Builders and Education Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Indore, Madhya Pradesh, India |
| Girnar Vanijya Private Limited | ₹2.19 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Indore Aromatics by revenue in the BFSI industry (Aromatics, Broking Services, Real Estate Leasing), 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 Indore Aromatics Pvt Ltd
Indore Aromatics Pvt Ltd is audited by ANKIT TRISHA AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANKIT TRISHA AND COMPANY | 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 Indore Aromatics Pvt Ltd
Indore Aromatics has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gitanjali Ashutosh Maheshwari Also directs: Anisha Realty LLP, D&H Secheron Projects Private Limited, Geetayan Consultancy LLP and 5 more | Director | 15 Nov 2022 | 3 Years 10 Months | Current |
| Devendra Parashar Also directs: Indian Organics and Pharmaceuticals Pvt Ltd, Dwekam Electrodes Private Ltd, Dwekam Weld-Tech Private Limited and 2 more | Director | 15 May 2021 | 5 Years 4 Months | Current |
| Rajendrakumar Pasari Also directs: Sam Industries Limited, D and H Secheron Impex Private Limited, D&H Secheron Commercial Private Limited and 4 more | Director | 02 Dec 2014 | 11 Years 10 Months | Current |
| Ashutosh Ashokkumar Maheshwari Also directs: Anisha Realty LLP, Sam Industries Limited, D&H Secheron Resources Private Limited and 5 more | Director | 28 Jan 2022 | 4 Years 8 Months | Current |
Ownership and Shareholding of Indore Aromatics Pvt Ltd
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 Indore Aromatics Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 1997 | Bank of Bharain & Kuwait B.S.C | ₹3 Cr | Open |
| 29 Dec 1982 | M.P. Financial Corporation | ₹10 Lakh | Open |
| 20 Oct 1981 | The Madhya Pradesh Financial Corporation | ₹15 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Indore Aromatics Pvt Ltd
Employment history and EPFO contributions of people linked to Indore Aromatics.
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 Indore Aromatics Pvt Ltd
Indore Aromatics Pvt Ltd has 13 board changes on record since 2014: 4 appointments and 9 cessations. The latest: Gitanjali Ashutosh Maheshwari ceased to be Additional Director on 04 Aug 2023.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indore Aromatics Pvt Ltd
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 Indore Aromatics Pvt Ltd
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 Indore Aromatics Pvt Ltd
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 Indore Aromatics Pvt Ltd
Indore Aromatics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACI1239A1ZF | Madhya Pradesh | Active | 01 Jun 2021 |
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 Indore Aromatics Pvt Ltd
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 Indore Aromatics Pvt Ltd
Indore Aromatics is an active private limited company based in Indore, Madhya Pradesh, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 06 January 1983 (43+ years old) and is registered under CIN U24117MP1983PTC002119.
Indore Aromatics reported revenue of ₹2.19 Cr for FY 2025 (up 100% YoY).
Indore Aromatics has 4 current directors:
- Gitanjali Ashutosh Maheshwari - Director
- Devendra Parashar - Director
- Rajendrakumar Pasari - Director
- Ashutosh Ashokkumar Maheshwari - Director
Indore Aromatics reported a net loss of ₹3.13 Cr (net margin -142.9%) and EBITDA of -₹2.75 Cr (EBITDA margin -125.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indore Aromatics is 30% over three years and 62% over five years. In the latest year (FY 2025) revenue rose 100%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indore Aromatics is 23AAACI1239A1ZF, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Indore Aromatics is U24117MP1983PTC002119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indore Aromatics was incorporated on 06 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Indore Aromatics by revenue are Dzongri Traders Private Limited, Excel Tea Machinery Private Limited, Narayani Leasing and Housing Private Limited, Prabhat Charter Infra Services Private Limited, Umashi Infine Private Limited and 5 more, all in the BFSI industry (Aromatics, Broking Services, Real Estate Leasing).
Gitanjali Ashutosh Maheshwari ceased to be Additional Director on 04 Aug 2023. Gitanjali Ashutosh Maheshwari was appointed as Director on 15 Nov 2022. Ashutosh Ashokkumar Maheshwari ceased to be Additional Director on 30 Sep 2022. Indore Aromatics has 13 board changes on record in total.
The registered office of Indore Aromatics is at 16 B Builders, Dhenu Market Road, Indore, Madhya Pradesh, India – 452003.