About Indus Projects Limited
Data last updated:
Indus Projects Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 17 November 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1997PLC111921. Its GSTIN is 27AAACI2537B1Z2 (Maharashtra). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.15 Cr. It is led by directors including Kishor Himatlal Mehta and Madhur Kishor Mehta.
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 304 Loha Bhavanp D Mello Road Masjid, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2017, the company reported a revenue of ₹111.83 Cr, a decline of 33.38% compared to the previous year.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹107.67 Cr and satisfied charges of ₹3.11 Cr on record.
The last known website on record is induseng.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address304 Loha Bhavanp D Mello Road Masjid, Mumbai, Maharashtra, India – 400009
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 Indus Projects Limited
Indus Projects operates primarily in the manufacturing and professional, scientific and technical sectors. 2 business activities are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Metal and metal products | Locked |
| Locked | Professional, Scientific and Technical | Locked | Other professional, scientific and technical activities | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Indus Projects Limited
Indus Projects Limited is audited by DARSHIL DOSHI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DARSHIL DOSHI & CO | 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 and KMP of Indus Projects Limited
Indus Projects Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Kishor Mehta | Ceo | 01 Apr 2014 | 12 Years 6 Months | As last reported |
| Kishor Himatlal Mehta | Director | 17 Nov 1997 | 28 Years 10 Months | As last reported |
| Madhur Kishor Mehta | Director | 17 Nov 1997 | 28 Years 10 Months | As last reported |
| Mahavir Kishor Mehta | Director | 17 Nov 1997 | 28 Years 10 Months | As last reported |
Financials of Indus Projects Limited FY 2017 filings available
Indus Projects Limited reported revenue of ₹111.83 Cr (down 33.38% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Indus Projects Limited
Revenue fell 33.38% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Indus Projects Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹111.83 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• |
| 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 Indus Projects Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• |
| 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 Indus Projects 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.
Ownership and Shareholding of Indus Projects 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.
Group Structure of Indus Projects Limited
Indus Projects has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Charges & Borrowings of Indus Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2016 | Others | ₹12.5 Cr | Open |
| 23 Nov 2012 | Union Bank of India | ₹4.5 Cr | Open |
| 30 Dec 2011 | Corporation Bank | ₹4.6 Lakh | Open |
| 14 Jul 2006 | Hdfc Bank Limited | ₹2 Cr | Open |
| 22 Jan 1999 | Corporation Bank | ₹88.62 Cr | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Indus Projects Limited
Indus Projects Limited has a workforce of 6 employees as of Apr 06, 2024.
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.
GST Compliance of Indus Projects Limited
Indus Projects has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI2537B1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 06AAACI2537B1Z6 | Haryana | Active | 01 Jul 2017 |
| 18AAACI2537B1Z1 | Assam | Active | 01 Jul 2017 |
| 24AAACI2537B2Z7 | Gujarat | Active | 01 Jul 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.
Credit Ratings, Litigation & Regulatory Alerts for Indus Projects 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 Indus Projects 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 Indus Projects 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.
MCA Filings & Documents of Indus Projects 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.
Recent Activity on Indus Projects Limited
Frequently Asked Questions about Indus Projects Limited
Indus Projects is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Indus Projects is a company under insolvency, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 17 November 1997 and is registered under CIN U74210MH1997PLC111921. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Indus Projects reported revenue of ₹111.83 Cr for FY 2017 (down 33.38% YoY).
Indus Projects has 4 current directors and KMP:
- Kishor Himatlal Mehta - Director
- Madhur Kishor Mehta - Director
- Mahavir Kishor Mehta - Director
- Abhay Kishor Mehta - Ceo
The CIN (Corporate Identification Number) of Indus Projects is U74210MH1997PLC111921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Projects has open charges of ₹107.67 Cr and satisfied charges of ₹3.11 Cr as per latest MCA filings.
Indus Projects was incorporated on 17 November 1997. It is registered with the Registrar of Companies, Mumbai.
Indus Projects can be reached through the website induseng.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Indus Projects is at 304 Loha Bhavanp D Mello Road Masjid, Mumbai, Maharashtra, India – 400009.