Itel Industries Limited
About Itel Industries Limited
Data last updated:
Itel Industries Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 27 March 1992.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U84200MH1992PLC066138. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹47.31 Cr and a paid-up capital of ₹47.31 Cr. It was formerly known as Tata Cellular Private Limited. It was led by directors including Meenakshi Kaundal and Komal Gunjal.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Bombay House 24 Sirhomy Mody Street Fort, Mumbai, Maharashtra, India – 400001.
As per MCA filings, the company had satisfied charges of ₹7.6 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company.
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- Registered AddressBombay House 24 Sirhomy Mody Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryTelecom, Telecom Equipment & Tech Solutions
- 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
Financials of Itel Industries Limited FY 2024 filings available
Financial Statement Summary of Itel Industries Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Itel Industries Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Itel Industries 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 Itel Industries Limited
Itel Industries Limited is audited by M.A.Parikh Shah & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M.A.Parikh Shah & 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 Itel Industries Limited
Itel Industries has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenakshi Kaundal Also directs: Oriental Seritech Limited | Director | 28 Oct 2023 | 2 Years 11 Months | As last reported |
| Komal Gunjal | Director | 13 Mar 2023 | 3 Years 6 Months | As last reported |
| Sneha Nirmallal Valeja Also directs: Tata Industries Limited | Director | 26 Apr 2024 | 2 Years 5 Months | As last reported |
Ownership and Shareholding of Itel Industries 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 Itel Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Apr 2001 | Canara Bank | ₹7.6 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Itel Industries Limited
Itel Industries Limited has 12 court cases on record: 12 filed by Itel Industries. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Assistant Commissioner of Central Excise, Palakkad | Disposed |
| High Court of Kerala | Court case (C.E.Appeal) | Filed by the company against Commissioner of Central Excise Calicut | Disposed |
| High Court of Kerala | Court case (ST.Rev.) | Filed by the company against State of Kerala & Others | Disposed |
| High Court of Kerala | Court case (C.E.Appeal) | Filed by the company against an individual | Disposed |
| High Court of Kerala | Court case (ST.Rev.) | Filed by the company against State of Kerala | Disposed |
Full case history
All 12 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 Itel Industries Limited
Employment history and EPFO contributions of people linked to Itel Industries.
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 Itel Industries Limited
Itel Industries Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Meenakshi Kaundal ceased to be Additional Director on 23 Sep 2024.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Itel Industries 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 Itel Industries 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 Itel Industries 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 Itel Industries Limited
Itel Industries has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Itel Industries 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 Itel Industries Limited
Itel Industries has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Itel Industries was a public limited company based in Mumbai, Maharashtra, India. The company worked in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 27 March 1992 and is registered under CIN U84200MH1992PLC066138. The company has been struck off by the Registrar of Companies and is no longer operational.
Itel Industries had 3 directors:
- Meenakshi Kaundal - Director
- Komal Gunjal - Director
- Sneha Nirmallal Valeja - Director
The CIN (Corporate Identification Number) of Itel Industries is U84200MH1992PLC066138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Itel Industries is at Bombay House 24 Sirhomy Mody Street Fort, Mumbai, Maharashtra, India – 400001.
Itel Industries was incorporated on 27 March 1992. It is registered with the Registrar of Companies, Mumbai.
Itel Industries has an authorised share capital of ₹47.31 Cr and a paid-up capital of ₹47.31 Cr.
No. Itel Industries has 2 GST registrations on record and all of them are cancelled or inactive.
Itel Industries operated in the telecom industry, in the telecom equipment and tech solutions segment. It worked in this industry before it was struck off.
No. Itel Industries is not listed on any stock exchange. It is an unlisted company.