India Ratings And Research Private Limited - Company overview

Registered with ROC Mumbai on 16 November 1995, Inda-Ra is an active private company owned by a foreign company that has been around for mor…

1995-11-16 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▲ 15.6%
FY 2023
PROFIT / LOSS
₹50–100 Cr
▲ 31.6%
FY 2023
EBITDA
₹50–100 Cr
▲ 23.0%
FY 2023
NET WORTH
₹100–500 Cr
▲ 40.4%
FY 2023
TOTAL ASSETS
₹100–500 Cr
▲ 34.4%
FY 2023
EMPLOYEE COUNT
261–270
OPEN CHARGES
2
2.00 cr
PAID-UP CAPITAL
1.18 cr
AUTHORISED CAPITAL
1.50 cr
COMPANY AGE
31 Years 0 Months
since 1995-11-16
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-15
ACTIVE GST
8
Updated: 2023-10-25 18:59:30
SATISFIED CHARGES
1
1.20 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Inda-Ra covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
77/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (51), financial health (90), director (90) and company-foundation signals.
  • Operating for 31+ years.
Compliance Score Moderate
51/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 9 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Inda-Ra Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Mumbai on 16 November 1995, Inda-Ra is an active private company owned by a foreign company that has been around for more than 31 years. The registered office is in Mumbai, Maharashtra. Earlier names on record include Duff & Phelps Credit Rating (I) P Ltd, Fitch Ratings India Private Limited and Duff & Phelps Credit Rating India Private Limited.

In its MCA filings the main business is listed as other financial activities, which made up 100% of turnover.

It has nine directors: Robert Pavrey, Abraham Chacko, Rohit Karan Sawhney and 6 others. The longest-serving is Rohit Karan Sawhney, on the board since 2017; the most recent to join is Jan Friederich, appointed in July 2024. Rohit Karan Sawhney is the managing director. 14 former directors are on record; the most recent to leave was James Mccormack in September 2021. Between them, the directors also sit on the boards of 16 other companies, including Deva Capital Management Advisors Private Limited and Dia Vikas Capital Private Limited.

₹1.18 crore of its ₹1.5 crore authorised capital is paid up (about 78%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 15 September 2025. Two charges (secured loans) are still open, with The Hongkong And Shanghai Banking Corporation Limited among the lenders, and one more has been paid off.

Financial Services ••••••••
  • Location Wockhardt Tower, Level 4, West Wing, Plot C-2, G Block, Bandra Kurla Complex, Bandra (E, Mumbai, Maharashtra - 400051
  • Website indiaratings.co.in
LinkedInFacebookTwitter
Name History
Legal NameIndia Ratings And Research Private Limited
CIN / LLPINU67100MH1995FTC140049
Company No.140049
ClassificationPrivate Limited Foreign Company Incorporated In India
Incorporation Date1995-11-16
Date of AGM2025-09-15
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Inda-Ra (9) Current board members from MCA filings, including designation and appointment details.

R
Robert Pavrey
Director | Since 2020-04-14 | DIN: 00050362
A
Abraham Chacko
Director | Since 2020-04-14 | DIN: 06676990
R
Rohit Karan Sawhney
CEO | Since 2017-04-25
S
Shrikant Gandhi Dev
Company Secretary | Since 2024-01-03
S
Shrikant Gandhi Dev
Company Secretary | Since 2023-12-07 | DIN: 06454471
N
Navalbir Kumar
Director | Since 2020-04-14 | DIN: 00580259

Financial Performance of Inda-Ra Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹100–500 Cr ▲ 15.6%
P&L ₹50–100 Cr ▲ 31.6%
EBITDA ₹50–100 Cr ▲ 23.0%
Net worth ₹100–500 Cr ▲ 40.4%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Inda-Ra Open and satisfied charges registered against the company with MCA.

The Hongkong And Shanghai Banking Corporation Limited : 3.70 cr
Open Charges: 2 Satisfied Charges: 1
Open 2.00 cr
Satisfied 1.20 cr
LenderAmountStatus
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 07 Sep 2020
 50.00 Lakh Open
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 16 Feb 2016
 2.00 cr Open
The Hongkong And Shanghai Banking Corporation Limited
Creation Date: 28 Jan 2016
 1.20 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities100

Companies With Common Directors Of Inda-Ra Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Deva Capital Management Advisors Private Limited 1 Shared Director
Dia Vikas Capital Private Limited 1 Shared Director
Flying Carpet Travel Systems Private Limited 1 Shared Director
Fuchsia Jewels Private Limited 1 Shared Director
Ge-Hitachi Nuclear Energy India Private Limited 1 Shared Director
Imc Limited 1 Shared Director
Jana Capital Limited 1 Shared Director
Jana Holdings Limited 1 Shared Director
Liberty General Insurance Limited 1 Shared Director
Mizuho Capsave Finance Private Limited 1 Shared Director
Muthoot Finance Limited 1 Shared Director
Robert Pavrey & Associates Llp 1 Shared Director
Shrm East Private Limited 1 Shared Director
Smarteye Systems India Private Limited 1 Shared Director
Tobena India Private Limited 1 Shared Director
Wyosha Real Estates Private Limited 1 Shared Director

Financial Ratios of Inda-Ra Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Inda-Ra Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Inda-Ra EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Inda-Ra GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Inda-Ra Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Inda-Ra MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Inda-Ra Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Inda-Ra Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Inda-Ra?
MCA does not publish an "owner" field. Inda-Ra is run by its directors, Robert Pavrey, Abraham Chacko, Rohit Karan Sawhney and six others, with Rohit Karan Sawhney as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Inda-Ra?
Inda-Ra has nine current directors: Robert Pavrey (since April 2020), Abraham Chacko (since April 2020), Rohit Karan Sawhney (since April 2017), Shrikant Gandhi Dev (since January 2024), Shrikant Gandhi Dev (since December 2023) and Navalbir Kumar (since April 2020), plus 3 more. Rohit Karan Sawhney is the managing director.
What is CIN of Inda-Ra?
The CIN of Inda-Ra is U67100MH1995FTC140049. Reading it left to right: U means it is not listed, 67100 is the industry code it registered under, MH is Maharashtra, 1995 is the year it was registered, FTC is the company type and 140049 is its registration number.
When was Inda-Ra incorporated?
Inda-Ra was incorporated on 16 November 1995 with ROC Mumbai. That makes it more than 31 years old.
What is the registered address of Inda-Ra?
The registered office on MCA records is Wockhardt Tower, Level 4, West Wing, Plot C-2, G Block, Bandra Kurla Complex, Bandra (E, Mumbai, Maharashtra - 400051.
What is the current status of Inda-Ra?
MCA shows Inda-Ra as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Inda-Ra?
You can post to its registered office at Wockhardt Tower, Level 4, West Wing, Plot C-2, G Block, Bandra Kurla Complex, Bandra (E, Mumbai, Maharashtra - 400051 and use its website, https://indiaratings.co.in.
What industry or business activity is Inda-Ra associated with?
Its MCA filings list the main business as other financial activities (100% of turnover).
What is paid-up capital and authorised share capital of Inda-Ra?
Paid-up capital is ₹1.18 crore and authorised capital is ₹1.5 crore, so about 78% of the authorised amount has been issued.
When did Inda-Ra last file accounts and hold an AGM?
The last AGM on record was on 15 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Inda-Ra?
Two charges against Inda-Ra are still open and one has been satisfied. Lenders named in the filings include The Hongkong And Shanghai Banking Corporation Limited.
Have any directors left Inda-Ra?
Yes, 14 former directors are on record. The most recent to leave were James Mccormack (September 2021), Brett Gaston Hemsley (December 2020) and Peter Anthony Evans (September 2019).
Which companies share directors with Inda-Ra?
16 companies share directors with Inda-Ra. Among them are Deva Capital Management Advisors Private Limited, Dia Vikas Capital Private Limited, Flying Carpet Travel Systems Private Limited and 13 more.
What is the turnover or revenue of Inda-Ra?
Based on filed financial statements, the revenue of Inda-Ra for FY 2023 was in the ₹100–500 Cr range. That is up 15.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Inda-Ra?
For FY 2023, the net worth of Inda-Ra was in the ₹100–500 Cr range.
How can I get the financial details of Inda-Ra?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Inda-Ra?
The website on record for Inda-Ra is https://indiaratings.co.in.
Which company owns indiaratings.co.in?
indiaratings.co.in is the website listed for India Ratings And Research Private Limited in its company records.
Inda-Ra - is it listed or unlisted?
Inda-Ra is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Inda-Ra?
Inda-Ra is registered with ROC Mumbai.
What is the company classification of Inda-Ra?
MCA classifies Inda-Ra as: Private Limited Foreign Company Incorporated In India.
Does Inda-Ra have GST registrations on file?
Yes, 8 active GST registrations are linked to Inda-Ra, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.