About Xpro IT Innovations Private Limited
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Xpro IT Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 28 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2012PTC227460. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹66 Lakh. It is led by directors Jatin Vinaykumar Shah and Pradeep Kumar Chandrashekhar Pandey.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹32.83 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹11.05 Lakh (net margin 0.3%) and EBITDA of ₹2.33 Cr (EBITDA margin 7.1%).
As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹2 Cr on record. Court records list 45 cases involving the company, including 1 filed by the company and 44 filed against it; 12 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website xproworld.co.in.
Company details
Contact details
Xpro IT Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is xproworld.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No C – 506 Green Woods Chs Ltd A.K.Road Near Guru Nanak Petrol Pump Chakala Andh, Eri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Xpro IT Innovations 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 Xpro IT Innovations 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 Xpro IT Innovations Private Limited, buy the company report.
Financials of Xpro IT Innovations Private Limited
FY 2016 filings availableXpro IT Innovations Private Limited reported revenue of ₹32.83 Cr (up 6% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA rose 34% 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 | ₹32.83 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.33 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹11.05 Lakh | |
| 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 | 7.1% | |
| Net Profit Margin | 0.3% | |
| 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 Xpro IT Innovations Private Limited, buy the company report.
Board of directors of Xpro IT Innovations Private Limited
Xpro IT Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Vinaykumar Shah | Director | 28 Feb 2012 | 14 Years 8 Months | Current |
| Pradeep Kumar Chandrashekhar Pandey | Director | 28 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Xpro IT Innovations Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Keirestu Smart Pro Private Limited | ₹33.02 Cr (FY 2024) | 12.0% | Bhubaneswar, Odisha, India | |||
| Beta Three Audio India Private Limited | ₹32.85 Cr (FY 2024) | 34.0% | New Delhi, Delhi, India | |||
| Xpro IT Innovations Private Limitedthis company | ₹32.83 Cr (FY 2016) | ₹11.05 Lakh | 0.3% | 6.0% | Mumbai, Maharashtra, India | |
| Juc Ecyclers Private Limited | ₹32.77 Cr (FY 2024) | 31.0% | Bangalore, Karnataka, India | |||
| VSM Agencies Private Limited | ₹32.61 Cr (FY 2024) | 82.0% | Delhi, India |
To see the full peer comparison of Xpro IT Innovations Private Limited, buy the company report.
Auditor
Xpro IT Innovations Private Limited is audited by MITTAL AGARWAL & COMPANY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITTAL AGARWAL & COMPANY | FY 2016 | 131025W |
Shareholding
The shareholding of Xpro IT Innovations Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Xpro IT Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2013 | 10427816 | Bank of India | ₹9 Cr | Open | |
| 14 Jul 2012 | 10374604 | Nkgsb Co.Op Bank Limited. | ₹2 Cr | Satisfied |
To see the full charge records of Xpro IT Innovations Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Xpro IT Innovations Private Limited has 45 court cases on record: 1 filed by Xpro IT Innovations, 44 filed against it. 12 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 42 | 12 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Religare Finvest Ltd | Pending |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Shri Ram City Union Finance Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S. KSM Marine Logistics Pvt. Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
To see the full case history of Xpro IT Innovations 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 Xpro IT Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Xpro IT Innovations has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Xpro IT Innovations Private Limited, buy the company report.
Recent activity
Xpro IT Innovations Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Lakhan Rameshwar Dangi ceased to be Director on 28 Feb 2018.
1 earlier event is in the company report.
Frequently asked questions
Xpro IT Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 28 February 2012 (14+ years old) and is registered under CIN U72300MH2012PTC227460.
Xpro IT Innovations has 2 current directors:
- Jatin Vinaykumar Shah - Director
- Pradeep Kumar Chandrashekhar Pandey - Director
The latest financial statements of Xpro IT Innovations on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Xpro IT Innovations has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Xpro IT Innovations is U72300MH2012PTC227460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xpro IT Innovations has 45 court cases on record: 1 filed by the company and 44 filed against it. 12 are pending. Most are in the district courts.
Xpro IT Innovations was incorporated on 28 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Xpro IT Innovations by revenue are Keirestu Smart Pro Private Limited, Beta Three Audio India Private Limited, Juc Ecyclers Private Limited, VSM Agencies Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Lakhan Rameshwar Dangi ceased to be Director on 28 Feb 2018. Dharmesh Vinaykumar Shah ceased to be Director on 10 Sep 2012. Suresh Lalchand Chatlani ceased to be Director on 10 Sep 2012. Xpro IT Innovations has 5 board changes on record in total.
Xpro IT Innovations can be reached through the website xproworld.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Xpro IT Innovations is at Flat No C – 506 Green Woods Chs Ltd A.K.Road Near Guru Nanak Petrol Pump Chakala Andh, Eri East, Mumbai, Maharashtra, India – 400093.
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