About Intercode Solutions Private Limited
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Intercode Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 06 April 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1974PTC017378. Its GSTIN is 27AABCE1527E1Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Everest Packing P Ltd. It is led by directors Bela Bhavin Kothari and Bhavin Chandrakant Kothari.
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 110 Ravi Industrial Estate Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.37 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹20.9 Lakh (net margin 15.2%) and EBITDA of ₹23.53 Lakh (EBITDA margin 17.1%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 41% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Intercode Solutions. As per MCA filings, the company has satisfied charges of ₹9.9 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 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 intercodesolutions.com.
Company details
Contact details
Intercode Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is intercodesolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address110 Ravi Industrial Estate Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Intercode Solutions 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
Brands
Intercode Solutions operates one associated brand: Intercode Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Barcode printers, scanners, labels, thermal transfer ribbons, RFID solutions | intercodesolutions.com |
Financials of Intercode Solutions Private Limited
FY 2025 filings availableIntercode Solutions Private Limited reported revenue of ₹1.37 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 4% fall in the latest year. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.53 Lakh | ||||
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| Net Profit (PAT) | ₹20.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 15.2% | ||||
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To see the full financial statements and ratios of Intercode Solutions Private Limited, buy the company report.
Board of directors of Intercode Solutions Private Limited
Intercode Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bela Bhavin Kothari Also directs: Swing Solutions Private Limited | Director | 18 Jul 2019 | 7 Years 3 Months | Current |
| Bhavin Chandrakant Kothari Also directs: Interpack Trays Private Limited, Qodenext India Private Limited, Qode.Ai India Private Limited and 1 more | Director | 03 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Intercode Solutions Private Limited is audited by MAHESH P & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH P & CO | FY 2021 | 105818W |
Shareholding
The shareholding of Intercode Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Intercode Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2014 | 10488703 | The Saraswat Cooperative Bank Ltd | ₹50 Lakh | Satisfied | |
| 31 Jan 2014 | 10476935 | Others | ₹5 Cr | Satisfied | |
| 24 Jan 2014 | 10476934 | Others | ₹3 Cr | Satisfied | |
| 29 Oct 2013 | 10464061 | The Saraswat Cooperative Bank Ltd | ₹1.4 Cr | Satisfied |
To see the full charge records of Intercode Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Intercode Solutions Private Limited has 5 court cases on record: 2 filed by Intercode Solutions, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Armor India Coding and Imaging Supplies Private Limited | Pending |
| District court, South East, Delhi | Revision petition | Filed by the company against Armor India Coding and Imaging Supplies Pvt Ltd | Pending |
| District court, South East, Delhi | Court case (T.P. CRL) | Filed against the company by Armor India Coding Imaging Supplies Pvt Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed by the company against Armor India Coding and Imaging Supplies Private Limited | Disposed |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Disposed |
To see the full case history of Intercode Solutions 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 Intercode Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Intercode Solutions Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Intercode Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE1527E1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Intercode Solutions Private Limited, buy the company report.
Recent activity
Intercode Solutions Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Bhavin Chandrakant Kothari was appointed as Director on 03 Sep 2020.
9 earlier events are in the company report.
Frequently asked questions
Intercode Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 06 April 1974 (52+ years old) and is registered under CIN U74999MH1974PTC017378.
Intercode Solutions has 2 current directors:
- Bela Bhavin Kothari - Director
- Bhavin Chandrakant Kothari - Director
The latest financial statements of Intercode Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Intercode Solutions is 27AABCE1527E1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Intercode Solutions is U74999MH1974PTC017378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intercode Solutions has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Intercode Solutions was incorporated on 06 April 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavin Chandrakant Kothari was appointed as Director on 03 Sep 2020. Bela Bhavin Kothari was appointed as Director on 18 Jul 2019. Bhavin Chandrakant Kothari ceased to be Director on 02 Jul 2019. Intercode Solutions has 8 board changes on record in total.
Intercode Solutions can be reached through the website intercodesolutions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Intercode Solutions is at 110 Ravi Industrial Estate Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.