Industele Services Private Limited
About Industele Services Private Limited
Data last updated:
Industele Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 May 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1991PTC061835. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It was led by directors including Naresh Kumar Khetan and Rajesh Agarwal.
Its last annual general meeting (AGM) was held on 25 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.93 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 39.2%) and EBITDA of ₹1.53 Cr (EBITDA margin 52.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 27% over five years.
Its group structure included 3 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹5.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Industele Services has one previous CIN (Corporate Identification Number): U21020MH1991PTC061835. The current CIN is U74110MH1991PTC061835, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1991PTC061835 | Current |
| U21020MH1991PTC061835 | Previous |
Contact details
Industele Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address202 2nd Floor May Building 297/299/301 Princess Street Near Marine Lines Flyover Marin, E Lines, Mumbai, Maharashtra, India – 400002
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Industele Services 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
Business activity
The main business activity of Industele Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Industele Services Private Limited, buy the company report.
Financials of Industele Services Private Limited
FY 2023 filings availableIndustele Services Private Limited reported revenue of ₹2.93 Cr (down 47% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 47% fall in the latest year. EBITDA fell 56% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.1% | ||||
| Net Profit Margin | 39.2% | ||||
| 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 Industele Services Private Limited, buy the company report.
Board of directors of Industele Services Private Limited
Industele Services has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Kumar Khetan Also directs: Plenitude Trading Private Limited, Plenitude Realty Private Limited, Plenitude Ventures Private Limited and 3 more | Director | 13 Apr 2017 | 9 Years 6 Months | As last reported |
| Rajesh Agarwal Also directs: Plenitude Trading Private Limited, Mount Overseas Private Limited, Plenitude Capital Private Limited and 5 more | Director | 22 Jul 2017 | 9 Years 3 Months | As last reported |
| Bharat Kumar Jangir Also directs: Plenitude Trading Private Limited, Mount Overseas Private Limited, Plenitude Finance and Consulting Private Limited and 5 more | Director | 05 Aug 2021 | 5 Years 2 Months | As last reported |
Peer comparison
Industele Services Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Profile Corporate Consulting Private Limited | ₹3.19 Cr (FY 2025) | 126.0% | Gurgaon, Haryana, India | |||
| Aaryaman Consultants Private Limited | ₹3.19 Cr (FY 2025) | 4440.0% | New Delhi, Delhi, India | |||
| Star Exim Management Consultancy and Services Private Limited | ₹3.18 Cr (FY 2024) | -6.0% | Mumbai, Maharashtra, India | |||
| Industele Services Private Limitedthis company | ₹2.93 Cr (FY 2023) | ₹1.15 Cr | 39.2% | -47.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Industele Services Private Limited, buy the company report.
Auditor
Industele Services Private Limited is audited by JMT & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JMT & Associates | FY 2023 | 104167W |
Shareholding
The shareholding of Industele Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Industele Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2002 | 90167171 | Corporation Bank | ₹2.9 Cr | Satisfied | |
| 24 Jan 2002 | 90164211 | Corporation Bank | ₹2.9 Cr | Satisfied |
To see the full charge records of Industele Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Industele Services Private Limited has 1 court case on record: 1 filed by Industele Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against M/S. R-Tec Systems (India) Pvt. Ltd. | Disposed |
To see the full case history of Industele Services 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 Industele Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Industele Services has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kejriwal Resorts Private Limited | U55102MH2000PTC386366 | |
| Plenitude Realty Private Limited | U70100MH2020PTC345475 | |
| Plenitude Enterprises Private Limited | U74999MH2021PTC361759 |
To see the full group structure of Industele Services Private Limited, buy the company report.
GST
Industele Services has 2 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 Industele Services Private Limited, buy the company report.
Recent activity
Industele Services Private Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Bharat Kumar Jangir ceased to be Additional Director on 30 Sep 2021.
9 earlier events are in the company report.
Frequently asked questions
Industele Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Industele Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 May 1991 and is registered under CIN U74110MH1991PTC061835. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Industele Services was incorporated on 27 May 1991. It is registered with the Registrar of Companies, Mumbai.
Industele Services had 3 directors:
- Naresh Kumar Khetan - Director
- Rajesh Agarwal - Director
- Bharat Kumar Jangir - Director
The CIN (Corporate Identification Number) of Industele Services is U74110MH1991PTC061835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Industele Services is at 202 2nd Floor May Building 297299301 Princess Street Near Marine Lines Flyover Marin, E Lines, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Industele Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 August 2023. Year-wise statements from 2015 are in the company report.
No. Industele Services has 2 GST registrations on record and all of them are cancelled or inactive.
Industele Services operated in the business outsourcing industry, in the business and IT consulting segment.
The peers of Industele Services by revenue are Profile Corporate Consulting Private Limited, Aaryaman Consultants Private Limited, Star Exim Management Consultancy and Services Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (other support services to organizations).
Industele Services has 1 court case on record: 1 filed by the company.