10I Commerce Services Private Limited - Due diligence report

A 360° intelligence report on Shopx: trust score, financial health, credit view, compliance, directors, growth and distress signals - genera…

2015-03-10 Bangalore, Karnataka Under Cirp Unlisted Active Compliant
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1C 10I Commerce Services Private Limited
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Shopx — 360° Intelligence Report

Generated from MCA filings & public records
40/100
Trust Score
Caution Indicated

Shopx is assessed as Caution Indicated with a Trust Score of 40/100. Shopx is a private limited indian non-government company incorporated in 2015, operating in the E-Commerce sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 14 Jul 2026 from the latest processed filings. 10I Commerce Services Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
40/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
23/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 1 satisfied (87.50 cr).

Banking relationships (from registered charges)
LenderChargesAmount
The Hongkong And Shanghai Banking Corporation Limited1 48.0 cr
Compliance Score: 23/100 Caution Indicated
  • Company status is "Under Cirp" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 1 court forum(s).
  • 10 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
AMIT SHARMA 01234567 Director 01/04/2018 6 yrs Approved
AMIT SHARMA 01234567 Director 01/04/2018 6 yrs Approved
APOORVA BANIGA VENKATESH JOIS 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
21 allotment(s) · 2 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: AMIT SHARMA (CEO) · AMIT SHARMA (CEO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 20
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Operating for 11+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Under Cirp.
Compliance score is weak (23/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence27/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment28/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view40/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
22 Feb 2023
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
16 Feb 2022
Director ceased
JAGDISH KINI GANAPATHI
30 Nov 2021
Director appointed
AMIT SHARMA (CEO)
Director ceased
CHARU NIRMAL
19 Feb 2021
Charge satisfied
The Hongkong And Shanghai Banking Corporation Limited
11 Jan 2021
Securities allotted
5852 Preference Shares - 29.28 cr raised
28 Feb 2020
Securities allotted
8778 Equity Shares - 10.67 cr raised
18 Dec 2019
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 87.50 cr
13 Nov 2019
Director ceased
RAJESH VARDICHAND RANAVAT
07 Jun 2019
Securities allotted
13777 Preference Shares - 34.68 cr raised
02 May 2019
Securities allotted
41791 Preference Shares - 104.20 cr raised
06 Aug 2018
Securities allotted
100 Equity Shares - 22.13 Lakh raised
Securities allotted
46396 Preference Shares - 102.66 cr raised
24 May 2018
Securities allotted
2020 Preference Shares - 7.00 cr raised
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
3 active director(s) / partner(s); board looks stable and experienced.
10 active GST registration(s) indicate ongoing business operations.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 21 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Unimech Industries Private Limited U29191TZ1978PTC000829 Coimbatore, Tamil Nadu, India
Om Foods Suppliers Private Limited U51909WB2009PTC133904 Kolkata, West Bengal, India
Lakshika Diamond Private Limited U36911MH2008PTC187361 Mumbai, Maharashtra, India
Shree Engineers & Contractors Limited U26900MP2010PLC024736 Indore, Madhya Pradesh, India
Puratos Food Ingredients India Private Limited U15400MH1996PTC102629 Mumbai, Maharashtra, India
Nalinam Enterprises Private Limited U51909TZ2020PTC033289 Salem, Tamil Nadu, India
Bhaskar Resins Private Limited U25200MP2012PTC029490 Indore, Madhya Pradesh, India
Karishma Computers Private Limited U72900DL1996PTC077144 New Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Shopx before audits and certifications: compliance score 23/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Shopx: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 70/100, margin trends, ownership structure and peer set for Shopx - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 40/100, distress signals and MSME payment-delay disclosures - know whether Shopx pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Shopx - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Shopx an active company?

Shopx has MCA status “Under Cirp” with a compliance score of 23/100 (Caution Indicated).

Is Shopx financially healthy?

Shopx has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Shopx?

Its overall Trust Score is 40/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Shopx?

Promoters hold the largest single block of equity - exact percentages are in the full report. 3 active director(s) are on record.

Does Shopx have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Shopx up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 23/100 (Caution Indicated).

Is it risky to lend to Shopx?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.