About Instant Procurement Services Private Limited
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Instant Procurement Services Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 01 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74120UP2015PTC074758. Its GSTIN is 09AADCI9794D1Z4 (Uttar Pradesh). The company holds 20 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹11.8 Lakh. It is led by directors including Nikhil Kishorchandra Vora and Ashok Kumar Popli.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ks Corporate Towers 6th Floor 24B Film City, Sector – 16A Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹536.59 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.92 Lakh (net margin 0%) and EBITDA of ₹8.08 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 86% over five years.
The company has about 659 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ProcMart. As per MCA filings, the company has open charges of ₹194.6 Cr and satisfied charges of ₹46 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 debt financing), with disclosed funding of ₹331.16 Cr; the latest was in April 2024. The company has 5 MSME Form 1 returns on record between 2022 and 2023, listing 75 overdue payments to 36 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website procmart.com.
Company details
Contact details
Instant Procurement Services Private Limited's registered office is in Noida, Uttar Pradesh. Its website is procmart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKs Corporate Towers 6th Floor 24B Film City, Sector – 16A Noida, Uttar Pradesh, India – 201301
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Instant Procurement Services 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
Instant Procurement Services operates one associated brand: ProcMart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering procurement and supply chain solutions | procmart.com |
Business activity
The main business activity of Instant Procurement Services is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Instant Procurement Services Private Limited, buy the company report.
Financials of Instant Procurement Services Private Limited
FY 2025 filings availableInstant Procurement Services Private Limited reported revenue of ₹536.59 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 86%. EBITDA rose 47% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹536.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.92 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Instant Procurement Services Private Limited, buy the company report.
Board of directors of Instant Procurement Services Private Limited
Instant Procurement Services has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Kishorchandra Vora Also directs: Sixth Sense Knowledge India - LLP, Sixth Sense Ventures Advisors LLP, Bamboo Ventures Advisors LLP and 5 more | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Ashok Kumar Popli | Director | 15 Sep 2017 | 9 Years 1 Months | Current |
| Chunsoo Kim Also directs: Cashify Limited, Manak Waste Management Private Limited | Nominee Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Ashish Agarwal | Nominee Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Prateek Kumar Jain | Nominee Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Anish Popli Also directs: Procmart Packaging Private Limited | Director | 01 Dec 2015 | 10 Years 11 Months | Current |
Auditor
Instant Procurement Services Private Limited is audited by BSR & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
The shareholding of Instant Procurement Services Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Instant Procurement Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2025 | 101194468 | Others | ₹25 Cr | Open | |
| 09 Sep 2025 | 101151970 | Others | ₹15 Cr | Open | |
| 21 Jul 2025 | 101143727 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 15 Apr 2025 | 101086339 | Axis Bank Limited | ₹30 Cr | Open | |
| 25 Mar 2025 | 101082976 | Citi Bank N.A. | ₹9.6 Cr | Open |
To see the full charge records of Instant Procurement Services Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Instant Procurement Services Private Limited has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 debt financing), with disclosed funding of ₹331.16 Cr; the latest was in April 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Funding round · Series B | ₹246.01 Cr | Investors: Fundamentum Partnership, Edelweiss Discovery Fund, Paramark Ventures |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Tradezeal Online Private Limited |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: Sixth Sense Ventures Seller: Tradezeal Online Private Limited , 3 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Tradezeal Online Private Limited |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: Tradezeal Online Private Limited Seller: 4 individuals |
To see the full deal history of Instant Procurement Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Instant Procurement Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Foxbase Technologies Private Limited | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by M/S Transjovan Capital Advisors LLP | Disposed |
To see the full case history of Instant Procurement Services 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
Instant Procurement Services Private Limited has 5 MSME Form 1 returns on record between 2022 and 2023, listing 75 overdue payments to 36 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Galaxy Tools Hardwares | |||
| an individual supplier | |||
| Chem Lube India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Instant Procurement Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Instant Procurement Services Private Limited has a workforce of 659 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 659 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Instant Procurement Services Private Limited, buy the company report.
GST
Instant Procurement Services has 20 GST registrations: 18 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCI9794D1Z4 | Uttar Pradesh | Active | 01 Jul 2017 |
| 07AADCI9794D1Z8 | Delhi | Active | 01 Jul 2017 |
| 27AADCI9794D1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 29AADCI9794D1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Instant Procurement Services Private Limited, buy the company report.
Recent activity
Instant Procurement Services Private Limited has 10 board changes on record since 2015: 6 appointments and 4 cessations. The latest: Ashish Agarwal was appointed as Nominee Director on 19 Apr 2024.
32 earlier events are in the company report.
News
Frequently asked questions
Instant Procurement Services is an active private limited company based in Noida, Uttar Pradesh, India. The company works in wholesale, within the trading industry. It was incorporated on 01 December 2015 (11+ years old) and is registered under CIN U74120UP2015PTC074758.
Instant Procurement Services has 6 current directors:
- Nikhil Kishorchandra Vora - Director
- Ashok Kumar Popli - Director
- Chunsoo Kim - Nominee Director
- Ashish Agarwal - Nominee Director
- Prateek Kumar Jain - Nominee Director
- Anish Popli - Director
The latest financial statements of Instant Procurement Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Instant Procurement Services is 09AADCI9794D1Z4, registered in Uttar Pradesh. The company has 20 GST registrations in all, of which 18 are active and 2 are cancelled or inactive. Other active GSTINs include 07AADCI9794D1Z8 (Delhi), 27AADCI9794D1Z6 (Maharashtra), 29AADCI9794D1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Instant Procurement Services is U74120UP2015PTC074758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instant Procurement Services has 2 court cases on record: 2 filed against it. Most are in the district courts.
Instant Procurement Services was incorporated on 01 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kanpur.
Instant Procurement Services has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 debt financing), with disclosed funding of ₹331.16 Cr; the latest was in April 2024.
Ashish Agarwal was appointed as Nominee Director on 19 Apr 2024. Chunsoo Kim was appointed as Nominee Director on 19 Apr 2024. Prateek Kumar Jain was appointed as Nominee Director on 19 Apr 2024. Instant Procurement Services has 10 board changes on record in total.
Instant Procurement Services has 5 MSME Form 1 returns on record between 2022 and 2023, listing 75 overdue payments to 36 micro and small suppliers. The latest return was filed on 13 May 2024.
Instant Procurement Services can be reached through the website procmart.com. Its registered office is in Noida, Uttar Pradesh, India.
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