Inditrade Rural Marketing Limited

Inditrade Rural Marketing Limited - e-commerce in Kochi, Kerala, India. FY 2026 financials & compliance.
CIN U66010KL1996PLC010093 Incorporated 29 February 1996 ROC Ernakulam HQ Kochi, Kerala, India
Active Public Limited Company e-commerce MSME · Medium
Data last updated
Revenue · FY 2023
₹58.78 Cr
▲ 9% YoY
Net loss · FY 2023
₹1.53 Cr
Net margin -2.6%
EBITDA · FY 2023
-₹3.73 Cr
EBITDA margin -6.4%
Authorised capital
₹23.7 Cr
Registered with MCA
Paid-up capital
₹20.4 Cr
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹14 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
66
Provident fund records

About Inditrade Rural Marketing Limited

Data last updated:

Inditrade Rural Marketing Limited is a public limited company based in Kochi, Kerala, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 29 February 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U66010KL1996PLC010093. Its GSTIN is 32AABCJ2390L2ZK (Kerala). The company holds 11 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹23.7 Cr and a paid-up capital of ₹20.4 Cr. It was formerly known as Inditrade Derivatives and Commodities Limited and Jrg Securities Pvt Ltd. It is led by directors including Sudip Bandyopadhyay and Sudhangshu Shekhar Biswal.

Its last annual general meeting (AGM) was held on 02 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Second Floor M E S Building Kaloor, Kochi, Kerala, India – 682017.

As per the financials filed for FY 2023, the company reported a revenue of ₹58.78 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹1.53 Cr (net margin -2.6%) and EBITDA of -₹3.73 Cr (EBITDA margin -6.4%). Revenue has grown at a compounded annual rate (CAGR) of 355% over three years and 57% over five years.

The company has about 66 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹14 Cr on record. Court records list 67 cases involving the company, including 52 filed by the company and 15 filed against it; 8 cases are pending. The company has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹27.77 Cr; the latest was in March 2023. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 2 micro and small suppliers.

Inditrade Rural Marketing Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0043147). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inditrade.com.

Company details

CIN U66010KL1996PLC010093
Registration Number 010093
Incorporation Date 29 February 1996
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KL-02-0043147

Name history

Inditrade Rural Marketing has undergone 5 name changes throughout its history. The current legal name is Inditrade Rural Marketing Limited.

Company NameStatus
Inditrade Rural Marketing LimitedCurrent
Inditrade Derivatives And Commodities LimitedPrevious
Jrg Securities Pvt LtdPrevious
Inditrade Broking LimitedPrevious
Jrg Wealth Management LimitedPrevious
Inditrade Securities And Commodities LimitedPrevious
Key People
Sudip Bandyopadhyay Director Sudhangshu Shekhar Biswal Director Kerachan Ayyappan Somasekharan Director

Recognitions & Rankings of Inditrade Rural Marketing

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-KL-02-0043147

Contact details

Inditrade Rural Marketing Limited's registered office is in Kochi, Kerala. Its website is inditrade.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    inditrade.com
  • Social Media
  • Registered Address
    Second Floor M E S Building Kaloor, Kochi, Kerala, India – 682017
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Inditrade Rural Marketing Limited, buy the company report.

Comprehensive company report
Inditrade Rural Marketing Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Inditrade Rural Marketing is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Inditrade Rural Marketing Limited, buy the company report.

Financials of Inditrade Rural Marketing Limited

FY 2024 filings available

Inditrade Rural Marketing Limited reported revenue of ₹58.78 Cr (up 9% YoY) for FY 2023.

Revenue · FY 2023
₹58.78 Cr ▲ 9%
Net loss · FY 2023
₹1.53 Cr margin -2.6%
EBITDA · FY 2023
-₹3.73 Cr margin -6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 355%
5 years · compounded
▲ 57%

Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 9% growth 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹58.78 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.73 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.53 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-6.4%
Net Profit Margin-2.6%
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 Inditrade Rural Marketing Limited, buy the company report.

Board of directors of Inditrade Rural Marketing Limited

Inditrade Rural Marketing has 3 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudip Bandyopadhyay
Also directs: VST Industries Limited, Inditrade Capital Limited, Inditrade Fincorp Limited and 4 more
Director04 Aug 20215 Years 3 MonthsCurrent
Sudhangshu Shekhar Biswal
Also directs: Inditrade Scalerator Limited, M3 Creator Private Limited, Minerva Capital Private Limited and 1 more
Director03 Nov 20233 Years 0 MonthsCurrent
Kerachan Ayyappan Somasekharan
Also directs: Inditrade Fincorp Limited, Inditrade Insurance Broking Private Limited, Inditrade Microfinance Limited
Director24 May 20179 Years 5 MonthsCurrent
View all directors

Auditor

Inditrade Rural Marketing Limited is audited by Haribhakti & Co. LLP Haribhakti & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Haribhakti & Co. LLP Haribhakti & Co. LLPFY 2023103523W/W100048

Shareholding

The shareholding of Inditrade Rural Marketing Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Inditrade Rural Marketing Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
₹14 Cr
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Aug 2023100755052Others₹1.5 CrOpen
21 Nov 200810132798The Federal Bank Limited₹10 CrSatisfied
20 Dec 200590020892The Federal Bank Limited₹4 CrSatisfied

To see the full charge records of Inditrade Rural Marketing Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Inditrade Rural Marketing Limited has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹27.77 Cr; the latest was in March 2023.

Total deals
13
Secondary share transfers
8
Funding rounds
5
Disclosed funding
₹27.77 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: Inditrade Fincorp Limited , 3 individuals
Seller: Inditrade Business Consultants Limited , 3 individuals
Dec 2021Funding round₹6.14 CrInvestors: Inditrade Business Consultants Limited , VenturEast, Orios Venture Partners
Oct 2021Secondary share transferUndisclosedBuyer: Inthree Access Services
Seller: Inditrade Business Consultants Limited
Jul 2021Secondary share transferUndisclosedBuyer: Omk Advisors Private Limited , Biswal & SOns Huf
Seller: Inditrade Business Consultants Limited
Mar 2021Secondary share transferUndisclosedSeller: Inditrade Business Consultants Limited

To see the full deal history of Inditrade Rural Marketing Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Inditrade Rural Marketing Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Biz Equip Advisory LLP
Bigshare Services Private Limited

To see the full MSME payment records of Inditrade Rural Marketing Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Inditrade Rural Marketing Limited has a workforce of 66 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
66
Active EPFO establishments
1
Employee growth
-20.48%

GST

Inditrade Rural Marketing has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
7
Cancelled / inactive
4
GSTINStateStatusRegistered on
32AABCJ2390L2ZKKeralaActive01 Jul 2017
33AABCJ2390L1ZJTamil NaduActive29 Jun 2017
37AABCJ2390L1ZBAndhra PradeshActive01 Aug 2017
36AABCJ2390L1ZDTelanganaActive12 Aug 2017

To see the full GST registrations and return filing status of Inditrade Rural Marketing Limited, buy the company report.

Recent activity

Inditrade Rural Marketing Limited has 24 board changes on record since 2007: 3 appointments and 21 cessations. The latest: Sudhangshu Shekhar Biswal ceased to be Additional Director on 01 Aug 2024.

AGM
Inditrade Rural Marketing Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.
Ceased
Sudhangshu Shekhar Biswal ceased to be Additional Director.
Filing
Inditrade Rural Marketing Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Appointed
Sudhangshu Shekhar Biswal was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100755052 was registered on 02 Aug 2023.
Ceased
Jhuma Guha ceased to be Additional Director.
Ceased
Sudip Bandyopadhyay ceased to be Additional Director.
Appointed
Sudip Bandyopadhyay was appointed as Director.
Ceased
Anand Kamalkishore Maliwal ceased to be Additional Director.
Ceased
Konnoth Joseph Samson ceased to be Managing Director.
Ceased
Harish Galipelli ceased to be Director.
Ceased
Gijo Rockey Thannivelil ceased to be Director.

20 earlier events are in the company report.

News

Frequently asked questions

Inditrade Rural Marketing is an active public limited company based in Kochi, Kerala, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 29 February 1996 (30+ years old) and is registered under CIN U66010KL1996PLC010093.

Inditrade Rural Marketing has 3 current directors:

The latest financial statements of Inditrade Rural Marketing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 02 August 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Inditrade Rural Marketing is 32AABCJ2390L2ZK, registered in Kerala. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 33AABCJ2390L1ZJ (Tamil Nadu), 37AABCJ2390L1ZB (Andhra Pradesh), 36AABCJ2390L1ZD (Telangana).

The CIN (Corporate Identification Number) of Inditrade Rural Marketing is U66010KL1996PLC010093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Inditrade Rural Marketing has 67 court cases on record: 52 filed by the company and 15 filed against it. 8 are pending. Most are in the district courts.

Inditrade Rural Marketing was incorporated on 29 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.

Inditrade Rural Marketing has 13 deals on record (8 secondary share transfers, 5 funding rounds), with disclosed funding of ₹27.77 Cr; the latest was in March 2023.

Sudhangshu Shekhar Biswal ceased to be Additional Director on 01 Aug 2024. Sudhangshu Shekhar Biswal was appointed as Director on 03 Nov 2023. Jhuma Guha ceased to be Additional Director on 28 Aug 2021. Inditrade Rural Marketing has 24 board changes on record in total.

Yes, Inditrade Rural Marketing is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-02-0043147).

Inditrade Rural Marketing has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 2 micro and small suppliers. The latest return was filed on 18 Dec 2023.