Init Cart Private Limited
About Init Cart Private Limited
Data last updated:
Init Cart Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It was incorporated on 05 October 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U47912GJ2023PTC145164.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dhruvil Soni and Ranjanben Sureshkumar Makwana.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.7 Lakh. For the same year it recorded a net loss of ₹67,070 (net margin -4%) and EBITDA of -₹67,070 (EBITDA margin -4%).
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- Registered AddressA/9, P & T Civil Engi Co So, Ahmedabad, Gujarat, India – 380051
- 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
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Business Activity of Init Cart Private Limited
The main business activity of Init Cart is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Init Cart Private Limited FY 2025 filings available
Init Cart Private Limited reported revenue of ₹16.7 Lakh for FY 2025.
Financial Statement Summary of Init Cart Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹67,070 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹67,070 | •••• |
| 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 Init Cart Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4% | •••• |
| Net Profit Margin | -4% | •••• |
| 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 Init Cart are in the company report.
Financial statements from FY 2024
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.
Board of Directors of Init Cart Private Limited
Init Cart has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruvil Soni Also directs: Onit Softtech Private Limited | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
| Ranjanben Sureshkumar Makwana Also directs: Onit Softtech Private Limited | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
| Sureshkumar Galabhai Makwana Also directs: Onit Softtech Private Limited | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
Peer Comparison of Init Cart Private Limited
Init Cart Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V R Hitech Solutions Private Limited | ₹16.71 Lakh (FY 2023) | •••• | •••• | -56.0% | •••• | Kolkata, West Bengal, India |
| Gagan Arts and Colours Private Limited | ₹16.71 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Lalganj, Bihar, India |
| Well Health Plus Private Limited | ₹16.71 Lakh (FY 2023) | •••• | •••• | -49.0% | •••• | Bengaluru, Karnataka, India |
| Nutty Pro Private Limited | ₹16.7 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Ahmedabad, Gujarat, India |
| Aswam Marketing Private Limited | ₹16.7 Lakh (FY 2022) | •••• | •••• | •••• | Tiruvarur, Tamil Nadu, India | |
| Init Cart Private Limited this company | ₹16.7 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Block Stock & Barrels Private Limited | ₹16.7 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | Bangalore, Karnataka, India |
| Unimax Medical Equipments Supplier Private Limited | ₹16.69 Lakh (FY 2022) | •••• | •••• | 110.0% | •••• | Siliguri, West Bengal, India |
| Gogreen Bikes Private Limited | ₹16.69 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| Radhey Rajni Enterprises Private Limited | ₹16.69 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Mathura, Uttar Pradesh, India |
| Ambition Financial Consultants Private Limited | ₹16.68 Lakh (FY 2023) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Init Cart by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Init Cart Private Limited
Init Cart Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Init Cart Private Limited
Employment history and EPFO contributions of people linked to Init Cart.
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 Init Cart Private Limited
Init Cart Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Dhruvil Soni was appointed as Director on 05 Oct 2023.
Credit Ratings, Litigation & Regulatory Alerts for Init Cart Private 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 Init Cart Private 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 Init Cart Private 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.
GST Compliance of Init Cart Private Limited
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 Init Cart Private 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.
Frequently Asked Questions about Init Cart Private Limited
Init Cart is an active private limited company based in Ahmedabad, Gujarat, India. It was incorporated on 05 October 2023 (3+ years old) and is registered under CIN U47912GJ2023PTC145164.
Init Cart reported revenue of ₹16.7 Lakh for FY 2025.
Init Cart has 3 current directors:
- Dhruvil Soni - Director
- Ranjanben Sureshkumar Makwana - Director
- Sureshkumar Galabhai Makwana - Director
Init Cart reported a net loss of ₹67,070 (net margin -4%) and EBITDA of -₹67,070 (EBITDA margin -4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Init Cart is U47912GJ2023PTC145164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Init Cart was incorporated on 05 October 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Init Cart by revenue are V R Hitech Solutions Private Limited, Gagan Arts and Colours Private Limited, Well Health Plus Private Limited, Nutty Pro Private Limited, Aswam Marketing Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Dhruvil Soni was appointed as Director on 05 Oct 2023. Ranjanben Sureshkumar Makwana was appointed as Director on 05 Oct 2023. Sureshkumar Galabhai Makwana was appointed as Director on 05 Oct 2023.
The registered office of Init Cart is at A9, P & T Civil Engi Co So, Ahmedabad, Gujarat, India – 380051.
Init Cart has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
No. Init Cart is not listed on any stock exchange. It is an unlisted company.