About Innovative Commodities Private Limited
Data last updated:
Innovative Commodities Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 03 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67120PB1997PTC019700. Its GSTIN is 03AABCI3854J1ZO (Punjab).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Anita Sarna and Vikas Kumar.
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 Wh 158 Patel Chowk, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.08 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹8 Lakh (net margin -384.1%) and EBITDA of -₹7.98 Lakh (EBITDA margin -383%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 48% over five years.
Court records list 18 cases involving the company, including 17 filed by the company and 1 filed against it; 1 case is 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 maxgrowthcap.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressWh 158 Patel Chowk, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Brokerage & Trading 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 Innovative Commodities Private Limited
The main business activity of Innovative Commodities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Innovative Commodities Private Limited FY 2022 filings available
Innovative Commodities Private Limited reported revenue of ₹2.08 Lakh (down 89% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Innovative Commodities Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 89% fall 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 of Innovative Commodities Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8 Lakh | •••• | •••• | •••• | •••• |
| 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 Innovative Commodities Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -383% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -384.1% | •••• | •••• | •••• | •••• |
| 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 Innovative Commodities 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.
Auditor Details of Innovative Commodities Private Limited
Innovative Commodities Private Limited is audited by KAPUR AMIT & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAPUR AMIT & ASSOCIATES | 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 of Innovative Commodities Private Limited
Innovative Commodities has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Sarna Also directs: Maxgrowth Capital Private Limited | Director | 18 Aug 2020 | 6 Years 1 Months | Current |
| Vikas Kumar | Director | 13 Aug 2018 | 8 Years 1 Months | Current |
| Reema Saroya | Director | 18 Aug 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Innovative Commodities Private 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.
Charges & Borrowings of Innovative Commodities Private Limited
Innovative Commodities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Innovative Commodities Private Limited
Innovative Commodities Private Limited has 18 court cases on record: 17 filed by Innovative Commodities, 1 filed against it. 1 case is pending and 17 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 0 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| Calcutta High Court | Court case (CRR) | Filed by the company against an individual | Disposed |
| Calcutta High Court | Court case (CRR) | Filed by the company against an individual | Disposed |
| Calcutta High Court | Court case (CRR) | Filed by the company against an individual | Disposed |
| Calcutta High Court | Court case (CRR) | Filed by the company against an individual | Disposed |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Innovative Commodities Private Limited
Innovative Commodities Private Limited has a workforce of 0 employees as of Mar 21, 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.
CIN History of Innovative Commodities Private Limited
Innovative Commodities has one previous CIN (Corporate Identification Number): U80302PB1997PTC019700. The current CIN is U67120PB1997PTC019700, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120PB1997PTC019700 | Current |
| U80302PB1997PTC019700 | Previous |
Recent Activity on Innovative Commodities Private Limited
Innovative Commodities Private Limited has 20 board changes on record since 2010: 3 appointments and 17 cessations. The latest: Dinesh Kumar ceased to be Director on 31 Mar 2022.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Commodities 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 Innovative Commodities 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 Innovative Commodities 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 Innovative Commodities Private Limited
Innovative Commodities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCI3854J1ZO | Punjab | 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.
MCA Filings & Documents of Innovative Commodities 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 Innovative Commodities Private Limited
Innovative Commodities is an active private limited company based in Jalandhar, Punjab, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 03 April 1997 (29+ years old) and is registered under CIN U67120PB1997PTC019700.
Innovative Commodities reported revenue of ₹2.08 Lakh for FY 2022 (down 89% YoY).
Innovative Commodities has 3 current directors:
- Anita Sarna - Director
- Vikas Kumar - Director
- Reema Saroya - Director
Innovative Commodities reported a net loss of ₹8 Lakh (net margin -384.1%) and EBITDA of -₹7.98 Lakh (EBITDA margin -383%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovative Commodities is -64% over three years and -48% over five years. In the latest year (FY 2022) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovative Commodities is 03AABCI3854J1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Innovative Commodities is U67120PB1997PTC019700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Commodities has 18 court cases on record: 17 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Innovative Commodities was incorporated on 03 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
Dinesh Kumar ceased to be Director on 31 Mar 2022. Anita Sarna ceased to be Additional Director on 31 Dec 2020. Reema Saroya ceased to be Additional Director on 31 Dec 2020. Innovative Commodities has 20 board changes on record in total.