About Indus Promoters Pvt Ltd
Data last updated:
Indus Promoters Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70200WB1996PTC079442. Its GSTIN is 19AAACI8746A1ZM (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹12.04 Lakh. It is led by directors including Gaurav Belani and Kumudini Parekh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Woodburn Central 2 Ndfloor 5A Bibhabati Bose Sarani (Formerly Known As 5A Woodburn Park), Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.5 Cr and EBITDA of -₹4.26 Cr. Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 62% over five years.
As per MCA filings, the company has satisfied charges of ₹30.59 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website belanis.com.
Company details
Contact details
Indus Promoters Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is belanis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWoodburn Central 2 Ndfloor 5A Bibhabati Bose Sarani (Formerly Known As 5A Woodburn Park), Kolkata, West Bengal, India – 700020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Indus Promoters Pvt Ltd, 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
Business activity
The main business activity of Indus Promoters is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Indus Promoters Pvt Ltd
FY 2022 filings availableIndus Promoters Pvt Ltd reported revenue of ₹2.78 Lakh (up 992% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 992% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 62%. EBITDA fell 507% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.78 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.5 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | |||||
To see the full financial statements and ratios of Indus Promoters Pvt Ltd, buy the company report.
Board of directors of Indus Promoters Pvt Ltd
Indus Promoters has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Belani | Director | 26 Mar 2011 | 15 Years 7 Months | Current |
| Kumudini Parekh | Director | 05 Nov 2015 | 11 Years 0 Months | Current |
| Nandu Kishinchand Belani | Director | 23 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Indus Promoters Pvt Ltd is audited by R. KOTHARI & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. KOTHARI & CO LLP | FY 2022 | 307069E/E300266 |
Shareholding
The shareholding of Indus Promoters Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indus Promoters Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2020 | 100376830 | Tata Capital Financial Services Limited | ₹1.5 Cr | Satisfied | |
| 26 Dec 2019 | 100312363 | Tata Capital Financial Services Limited | ₹4.09 Cr | Satisfied | |
| 23 Mar 2018 | 100164964 | Tata Capital Financial Services Limited | ₹10 Cr | Satisfied | |
| 05 Dec 2016 | 100068124 | Tata Capital Financial Services Limited | ₹5 Cr | Satisfied | |
| 11 Jan 2011 | 10267303 | Icici Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Indus Promoters Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Indus Promoters Pvt Ltd has 2 court cases on record: 1 filed by Indus Promoters, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| High Court | Court case (FMAT) | Filed by the company against an individual | Pending |
To see the full case history of Indus Promoters Pvt Ltd, 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
Indus Promoters Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Belani Projects Limited |
To see the full MSME payment records of Indus Promoters Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Indus Promoters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACI8746A1ZM | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indus Promoters Pvt Ltd, buy the company report.
Recent activity
Indus Promoters Pvt Ltd has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Nandu Kishinchand Belani was appointed as Director on 23 Feb 2024.
14 earlier events are in the company report.
Frequently asked questions
Indus Promoters is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 April 1996 (30+ years old) and is registered under CIN U70200WB1996PTC079442.
Indus Promoters has 3 current directors:
- Gaurav Belani - Director
- Kumudini Parekh - Director
- Nandu Kishinchand Belani - Director
The latest financial statements of Indus Promoters on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Indus Promoters is 19AAACI8746A1ZM, registered in West Bengal.
The CIN (Corporate Identification Number) of Indus Promoters is U70200WB1996PTC079442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Promoters has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Indus Promoters was incorporated on 22 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Nandu Kishinchand Belani was appointed as Director on 23 Feb 2024. Jayanta Chowdhury ceased to be Additional Director on 29 Sep 2018. Kumudini Parekh ceased to be Additional Director on 28 Sep 2016. Indus Promoters has 9 board changes on record in total.
Indus Promoters has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 15 Aug 2020.
Indus Promoters can be reached through the website belanis.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Indus Promoters is at Woodburn Central 2 Ndfloor 5A Bibhabati Bose Sarani Formerly Known As 5A Woodburn Park, Kolkata, West Bengal, India – 700020.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
