MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0036961
Innovative Cleaning Systems Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹39.82 Cr
▲ 29% YoY
Net profit · FY 2022
₹1.12 Cr
Net margin 2.8%
EBITDA · FY 2022
₹3.93 Cr
EBITDA margin 9.9%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹16.87 Cr
Satisfied ₹10.98 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
195
Provident fund records
About Innovative Cleaning Systems Private Limited
Data last updated:
Innovative Cleaning Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 23 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2001PTC132829. Its GSTIN is 27AAACI8409E1ZP (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Joaquim Inas Cardozo and Belinda Joaquim Cardozo.
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 Gala No.17 Ruby Industrial Estate Off Link Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2022, the company reported a revenue of ₹39.82 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 2.8%) and EBITDA of ₹3.93 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 91% over three years and 33% over five years.
The company has about 195 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.87 Cr and satisfied charges of ₹10.98 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Innovative Cleaning Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0036961). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website icsplglobal.in.
Company details
CIN U93090MH2001PTC132829
Registration Number 132829
Incorporation Date 23 July 2001
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0036961
Recognitions & Rankings of Innovative Cleaning Systems
Contact details
Innovative Cleaning Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is icsplglobal.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGala No.17 Ruby Industrial Estate Off Link Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Innovative Cleaning Systems Private Limited, buy the company report.
Comprehensive company report
Innovative Cleaning Systems Private Limited - one report that includes everything
- 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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Secure checkout · GST invoice included
Business activity
The main business activities of Innovative Cleaning Systems are support service to organizations and manufacturing. In detail, this covers housekeeping & maintenance service and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Innovative Cleaning Systems Private Limited, buy the company report.
Financials of Innovative Cleaning Systems Private Limited
FY 2022 filings availableInnovative Cleaning Systems Private Limited reported revenue of ₹39.82 Cr (up 29% YoY) for FY 2022.
Revenue · FY 2022
₹39.82 Cr ▲ 29%
Net profit · FY 2022
₹1.12 Cr margin 2.8%
EBITDA · FY 2022
₹3.93 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 91%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 38%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 29% growth in the latest year. EBITDA fell 5% 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 | ₹39.82 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.12 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 | 9.9% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Innovative Cleaning Systems Private Limited, buy the company report.
Board of directors of Innovative Cleaning Systems Private Limited
Innovative Cleaning Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Joaquim Inas Cardozo | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Belinda Joaquim Cardozo | Director | 22 Feb 2003 | 23 Years 8 Months | Current |
Auditor
Innovative Cleaning Systems Private Limited is audited by R A MORAES & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A MORAES & ASSOCIATES | FY 2022 | 127380W |
Shareholding
The shareholding of Innovative Cleaning Systems Private Limited 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 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovative Cleaning Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.87 Cr
Satisfied charges
₹10.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2023 | 100754905 | Others | ₹5 Cr | Open | |
| 10 Mar 2022 | 100545784 | Others | ₹2.41 Cr | Open | |
| 22 Jan 2021 | 100418906 | Others | ₹9 Cr | Open | |
| 09 May 2017 | 100101607 | Others | ₹32.71 Lakh | Open | |
| 12 Jul 2016 | 100049306 | Others | ₹13.15 Lakh | Open |
To see the full charge records of Innovative Cleaning Systems Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Innovative Cleaning Systems Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Icici Bank Limited Thorugh Its Authorized Officer Mr Milind Tawade | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Icici Bank Limited Through Its Authorized Officer Mr Abin Choudhury | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Caparo Financial Solutions Ltd Through Mandar Rane | Disposed |
To see the full case history of Innovative Cleaning Systems 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 Innovative Cleaning Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Cleaning Systems Private Limited has a workforce of 195 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
195
Active EPFO establishments
1
Employee growth
-45.22%
GST
Innovative Cleaning Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI8409E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovative Cleaning Systems Private Limited, buy the company report.
Recent activity
Innovative Cleaning Systems Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Joaquim Inas Cardozo was appointed as Director on 01 Aug 2023.
Appointed
Joaquim Inas Cardozo was appointed as Director.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100754905 was registered on 25 Jul 2023.
Ceased
Beverly Joaquim Cardozo ceased to be Additional Director.
AGM
Innovative Cleaning Systems Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Innovative Cleaning Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 2.41 Cr with Charge ID 100545784 was registered on 10 Mar 2022.
Charges
A charge registered on 13 Mar 2020 via Charge ID 100339735 with Others was fully satisfied on 22 Feb 2021.
Charges
A charge registered on 13 Mar 2020 via Charge ID 100351500 with Others was fully satisfied on 22 Feb 2021.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100418906 was registered on 22 Jan 2021.
Ceased
Joaquim Inas Cardozo ceased to be Director.
Ceased
Ashok Nari Lakhaney ceased to be Additional Director.
Charges
A charge registered on 19 Sep 2007 via Charge ID 10074227 with Corporation Bank was fully satisfied on 15 Apr 2020.
18 earlier events are in the company report.
Frequently asked questions
Innovative Cleaning Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 23 July 2001 (25+ years old) and is registered under CIN U93090MH2001PTC132829.
Innovative Cleaning Systems has 2 current directors:
- Joaquim Inas Cardozo - Director
- Belinda Joaquim Cardozo - Director
The latest financial statements of Innovative Cleaning Systems 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 Innovative Cleaning Systems is 27AAACI8409E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovative Cleaning Systems is U93090MH2001PTC132829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Cleaning Systems has 3 court cases on record: 3 filed against it.
Innovative Cleaning Systems was incorporated on 23 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Joaquim Inas Cardozo was appointed as Director on 01 Aug 2023. Beverly Joaquim Cardozo ceased to be Additional Director on 01 Mar 2023. Joaquim Inas Cardozo ceased to be Director on 15 Jan 2021. Innovative Cleaning Systems has 6 board changes on record in total.
Yes, Innovative Cleaning Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0036961).
Innovative Cleaning Systems can be reached through the website icsplglobal.in. Its registered office is in Mumbai, Maharashtra, India.