About Indus Mobile Distribution Private Limited
Data last updated:
Indus Mobile Distribution Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Peepul Capital Fund Ii Llc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 January 2007.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32109TN2007PTC062014. The company has 7 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50.22 Lakh. It is led by directors Durai Sathish Babu (Managing Director) and Chelturu Sivanandam.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Old No. 29 New No. 57 Royapettah High Road Royapettah, Chennai, Tamil Nadu, India – 600014.
As per the financials filed for FY 2017, the company reported a revenue of ₹16.2 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹17.28 Lakh (net margin -106.6%) and EBITDA of ₹15.6 Lakh (EBITDA margin 96.3%). Revenue has declined at a compounded annual rate (CAGR) of 95% over three years.
As per MCA filings, the company has satisfied charges of ₹62.04 Cr on record. Court records list 22 cases involving the company, including 4 filed by the company and 18 filed against it; 4 cases are pending. The company has 6 deals on record (6 funding rounds), with disclosed funding of ₹114.5 Cr; the latest was in September 2011. Its 7 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Mobile), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 3 smaller; the largest is Mantavya Business Ventures Private Limited with revenue of ₹16.28 Lakh.
The last known website on record is indusmobile.in.
Company details
Contact details
Indus Mobile Distribution Private Limited's registered office is in Chennai, Tamil Nadu. Its website is indusmobile.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOld No. 29 New No. 57 Royapettah High Road Royapettah, Chennai, Tamil Nadu, India – 600014
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Indus Mobile Distribution 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
Financials of Indus Mobile Distribution Private Limited
FY 2017 filings availableIndus Mobile Distribution Private Limited reported revenue of ₹16.2 Lakh (down 99% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 95% over three years, including a 99% fall in the latest year. EBITDA fell 97% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | |||
| EBITDA | ₹15.6 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹17.28 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 96.3% | ||
| Net Profit Margin | -106.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Indus Mobile Distribution Private Limited, buy the company report.
Board of directors of Indus Mobile Distribution Private Limited
Indus Mobile Distribution has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durai Sathish Babu Also directs: Truecover Consumer Solution Private Limited | Managing Director | 11 Jan 2007 | 19 Years 9 Months | As last reported |
| Chelturu Sivanandam | Director | 22 Jul 2015 | 11 Years 3 Months | As last reported |
Peer comparison
Indus Mobile Distribution Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Mobile), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mantavya Business Ventures Private Limited | ₹16.28 Lakh (FY 2025) | -99.0% | Raipur, Chhattisgarh, India | |||
| Steadfast Poly Private Limited | ₹16.27 Lakh (FY 2021) | 17911.0% | Pune, Maharashtra, India | |||
| Unipole Global Power Private Limited | ₹16.25 Lakh (FY 2025) | -96.0% | Sonipat, Haryana, India | |||
| Unitrax Infoventures Private Limited | ₹16.23 Lakh (FY 2024) | -29.0% | Bangalore, Karnataka, India | |||
| Indus Mobile Distribution Private Limitedthis company | ₹16.2 Lakh (FY 2017) | -₹17.28 Lakh | -106.6% | -99.0% | Chennai, Tamil Nadu, India | |
| Baba Hanuman Finance Private Limited | ₹16.13 Lakh (FY 2025) | -44.0% | New Delhi, Delhi, India | |||
| Fonacc Technologies Private Limited | ₹16.09 Lakh (FY 2025) | 85.0% | Mumbai, Maharashtra, India | |||
| Pace Pro Audio Private Limited | ₹16.09 Lakh (FY 2025) | 264.0% | Jamshedpur, Jharkhand, India |
To see the full peer comparison of Indus Mobile Distribution Private Limited, buy the company report.
Auditor
Indus Mobile Distribution Private Limited is audited by BRAHMAYYA & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMAYYA & CO | FY 2015 | 00511S |
Shareholding
The shareholding of Indus Mobile Distribution Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indus Mobile Distribution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2015 | 10541232 | Tata Capital Financial Services Limited | ₹3 Cr | Satisfied | |
| 16 Sep 2014 | 10525188 | Standard Chartered Bank | ₹18.04 Cr | Satisfied | |
| 02 Sep 2014 | 10526755 | Tata Capital Financial Services Limited | ₹15 Cr | Satisfied | |
| 16 May 2014 | 10508450 | Hdfc Bank Limited | ₹6 Cr | Satisfied | |
| 25 Sep 2013 | 10458927 | Hdfc Bank Limited | ₹8 Cr | Satisfied |
To see the full charge records of Indus Mobile Distribution Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Indus Mobile Distribution Private Limited has 6 deals on record (6 funding rounds), with disclosed funding of ₹114.5 Cr; the latest was in September 2011.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Funding round | ₹22.73 Cr | Investors: Peepul Capital |
| Jun 2008 | Funding round | ₹45.45 Cr | Investors: Peepul Capital |
| Dec 2007 | Funding round | ₹15.46 Cr | Investors: Peepul Capital |
| Feb 2007 | Funding round | ₹29.88 Cr | Investors: Peepul Capital |
| Feb 2007 | Funding round | ₹98 Lakh | Investors: an individual |
To see the full deal history of Indus Mobile Distribution Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indus Mobile Distribution Private Limited has 22 court cases on record: 4 filed by Indus Mobile Distribution, 18 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 11 | 2 |
| District courts | 6 | 6 | 2 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed against the company by Optiemus Infracom Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Datawind Innovations Pvt.Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Datawind Innovations Private Limited | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against Datawind Innovations Pvt. Ltd. . and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ingram Micro India Private Limited | Disposed |
To see the full case history of Indus Mobile Distribution 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 Indus Mobile Distribution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indus Mobile Distribution Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Indus Mobile Distribution has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indus Mobile Distribution Private Limited, buy the company report.
Recent activity
Indus Mobile Distribution Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Chelturu Sivanandam ceased to be Additional Director on 30 Sep 2015.
13 earlier events are in the company report.
Frequently asked questions
Indus Mobile Distribution is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Indus Mobile Distribution is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 January 2007 and is registered under CIN U32109TN2007PTC062014. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Indus Mobile Distribution has 2 current directors:
- Durai Sathish Babu - Managing Director
- Chelturu Sivanandam - Director
The latest financial statements of Indus Mobile Distribution on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indus Mobile Distribution is U32109TN2007PTC062014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Mobile Distribution has no open charges and satisfied charges of ₹62.04 Cr as per latest MCA filings.
Indus Mobile Distribution has 22 court cases on record: 4 filed by the company and 18 filed against it. 4 are pending. Most are in the high courts.
Indus Mobile Distribution was incorporated on 11 January 2007. It is registered with the Registrar of Companies, Chennai.
Indus Mobile Distribution has 6 deals on record (6 funding rounds), with disclosed funding of ₹114.5 Cr; the latest was in September 2011.
The peers of Indus Mobile Distribution by revenue are Mantavya Business Ventures Private Limited, Steadfast Poly Private Limited, Unipole Global Power Private Limited, Unitrax Infoventures Private Limited, Baba Hanuman Finance Private Limited and 2 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Mobile), with the same principal business activity (wholesale trading).
Chelturu Sivanandam ceased to be Additional Director on 30 Sep 2015. Chelturu Sivanandam was appointed as Director on 22 Jul 2015. Venkat Shankar ceased to be Director on 26 May 2015. Indus Mobile Distribution has 9 board changes on record in total.