Iqbal Agencies Private Limited
About Iqbal Agencies Private Limited
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Iqbal Agencies Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 13 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2011PTC035069. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Mandeep Singh Rekhi and Gurpreet Singh Rekhi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Amar Singh Complex Gurudwara Kalgidhar Road Field Ganj, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2016, the company reported a revenue of ₹89.29 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -1.3%) and EBITDA of ₹6.62 Lakh (EBITDA margin 0.1%).
As per MCA filings, the company has open charges of ₹14.77 Cr on record. Court records list 32 cases involving the company, including 5 filed by the company and 27 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Iqbal Agencies Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressAmar Singh Complex Gurudwara Kalgidhar Road Field Ganj, Ludhiana, Punjab, India – 141003
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Iqbal Agencies 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 Iqbal Agencies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Iqbal Agencies Private Limited, buy the company report.
Financials of Iqbal Agencies Private Limited
FY 2017 filings availableIqbal Agencies Private Limited reported revenue of ₹89.29 Cr (down 30% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹89.29 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹6.62 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.17 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.1% | |
| Net Profit Margin | -1.3% | |
| 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 Iqbal Agencies Private Limited, buy the company report.
Board of directors of Iqbal Agencies Private Limited
Iqbal Agencies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Rekhi Also directs: G S Distributors Limited | Director | 23 Dec 2011 | 14 Years 10 Months | Current |
| Gurpreet Singh Rekhi Also directs: G S Distributors Limited | Director | 13 May 2011 | 15 Years 5 Months | Current |
Auditor
Iqbal Agencies Private Limited is audited by SUMAT GUPTA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMAT GUPTA & CO | FY 2016 | 010288N |
Shareholding
The shareholding of Iqbal Agencies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Iqbal Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2011 | 10316949 | State Bank of India | ₹14.77 Cr | Open |
To see the full charge records of Iqbal Agencies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Iqbal Agencies Private Limited has 32 court cases on record: 5 filed by Iqbal Agencies, 27 filed against it. 1 case is pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 25 | 1 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| District court, Ludhiana, Punjab | Arbitration matter | Filed by the company against Kotak Mahindra Prime Limited | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Magma Fincorp Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd - Pradip Ramanbhai Mevada | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by HDFC Bank | Disposed |
To see the full case history of Iqbal Agencies 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 Iqbal Agencies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iqbal Agencies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Iqbal Agencies Private Limited, buy the company report.
Recent activity
Iqbal Agencies Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Mandeep Singh Rekhi was appointed as Director on 23 Dec 2011.
Frequently asked questions
Iqbal Agencies is an active private limited company based in Ludhiana, Punjab, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 13 May 2011 (15+ years old) and is registered under CIN U51909PB2011PTC035069.
Iqbal Agencies has 2 current directors:
- Mandeep Singh Rekhi - Director
- Gurpreet Singh Rekhi - Director
The latest financial statements of Iqbal Agencies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Iqbal Agencies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Iqbal Agencies is U51909PB2011PTC035069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iqbal Agencies has 32 court cases on record: 5 filed by the company and 27 filed against it. 1 is pending. Most are in the district courts.
Iqbal Agencies was incorporated on 13 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mandeep Singh Rekhi was appointed as Director on 23 Dec 2011. Sunil Dutt Sharma ceased to be Director on 23 Dec 2011. Mandeep Singh Rekhi ceased to be Director on 24 Aug 2011. Iqbal Agencies has 4 board changes on record in total.
The registered office of Iqbal Agencies is at Amar Singh Complex Gurudwara Kalgidhar Road Field Ganj, Ludhiana, Punjab, India – 141003.
Iqbal Agencies operates in the FMCG industry, in the personal care and skincare products segment.