- Category
- Micro (2023-24)
- Udyam number
- UDYAM-AS-03-0006933

About Ivantage Craft Private Limited
Data last updated:
Ivantage Craft Private Limited is a private limited company based in Guwahati, Assam, India, a subsidiary of Ivantage Ventures Private Limited. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U74994AS2015PTC012198. Its GSTIN is 18AADCI9085P1ZO (Assam).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹18.74 Lakh. It is led by directors Arup Kumar Neog and Sundar Mohan Sharmabordoloi.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at K.C. Das Lane Chachal Vip Road, Guwahati, Assam, India – 781022.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.58 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹44.76 Lakh (net margin -355.7%) and EBITDA of -₹16.34 Lakh (EBITDA margin -129.9%).
The company is associated with 1 brand: Boocane. As per MCA filings, the company has open charges of ₹23 Lakh on record.
Ivantage Craft Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AS-03-0006933). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website boocane.com.
Company details
Recognitions & Rankings of Ivantage Craft
Contact details
Ivantage Craft Private Limited's registered office is in Guwahati, Assam. Its website is boocane.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressK.C. Das Lane Chachal Vip Road, Guwahati, Assam, India – 781022
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Ivantage Craft 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
Ivantage Craft operates one associated brand: Boocane. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sustainable engineered bamboo products for furniture, decor, and construction solutions. | boocane.com |
Business activity
The main business activity of Ivantage Craft is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Ivantage Craft Private Limited, buy the company report.
Financials of Ivantage Craft Private Limited
FY 2021 filings availableIvantage Craft Private Limited reported revenue of ₹12.58 Lakh (down 59% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year. EBITDA fell 173% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹16.34 Lakh | ||||
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| Net Profit (PAT) | -₹44.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -129.9% | ||||
| Net Profit Margin | -355.7% | ||||
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To see the full financial statements and ratios of Ivantage Craft Private Limited, buy the company report.
Board of directors of Ivantage Craft Private Limited
Ivantage Craft has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arup Kumar Neog Also directs: Intsys Services Private Limited | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
| Sundar Mohan Sharmabordoloi | Director | 25 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Ivantage Craft Private Limited is audited by S A S D & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A S D & CO | FY 2019 | 325049E |
Shareholding
The shareholding of Ivantage Craft Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ivantage Craft Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2018 | 100158653 | Others | ₹23 Lakh | Open |
To see the full charge records of Ivantage Craft Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ivantage Craft Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ivantage Craft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ivantage Craft has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AADCI9085P1ZO | Assam | Active | 27 Feb 2018 |
To see the full GST registrations and return filing status of Ivantage Craft Private Limited, buy the company report.
Recent activity
Ivantage Craft Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Arup Kumar Neog was appointed as Director on 02 Sep 2022.
Frequently asked questions
Ivantage Craft is an active private limited company based in Guwahati, Assam, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 August 2015 (11+ years old) and is registered under CIN U74994AS2015PTC012198.
Ivantage Craft has 2 current directors:
- Arup Kumar Neog - Director
- Sundar Mohan Sharmabordoloi - Director
The latest financial statements of Ivantage Craft on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ivantage Craft is 18AADCI9085P1ZO, registered in Assam.
The CIN (Corporate Identification Number) of Ivantage Craft is U74994AS2015PTC012198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivantage Craft was incorporated on 25 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Guwahati.
Arup Kumar Neog was appointed as Director on 02 Sep 2022. Utpal Kumar Hazarika ceased to be Director on 01 Sep 2022. Pranjal Sarmah ceased to be Director on 16 Jan 2020. Ivantage Craft has 6 board changes on record in total.
Yes, Ivantage Craft is registered as a micro enterprise under Udyam registration (number: UDYAM-AS-03-0006933).
Ivantage Craft can be reached through the website boocane.com. Its registered office is in Guwahati, Assam, India.
The registered office of Ivantage Craft is at K.C. Das Lane Chachal Vip Road, Guwahati, Assam, India – 781022.