Promoter holding
64.27%
IC
Indesca Commercial Ltd - Due diligence report
A 360° intelligence report on Indesca Commercial Ltd: trust score, financial health, credit view, compliance, directors, growth and distress…
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Indesca Commercial Ltd
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Indesca Commercial Ltd — 360° Intelligence Report
Generated from MCA filings & public records56/100
Trust Score
Moderate
Indesca Commercial Ltd is assessed as Moderate with a Trust Score of 56/100. Indesca Commercial Ltd is an active public limited indian non-government company incorporated in 1982, operating in the Metals and Minerals 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 moderate financial risk profile.
Report generated on 14 Jul 2026 from the latest processed filings. Indesca Commercial Ltd snapshot & full profile →
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 & explainableTrust ScoreModerate
56/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
18/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
80/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 3 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores 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: 80/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- No open charges - unencumbered balance sheet.
- Working-capital cover adequate.
Charges position: 0 open (-) · 0 satisfied (-).
Compliance Score: 18/100 Caution Indicated
- Company status is Active as per MCA.
- Marked ACTIVE non-compliant (INC-22A).
- Last balance sheet is for Mar 2023 - filings overdue.
- Flagged by authority: SEBI.
- Litigation present in 1 court forum(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 85/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VINOD KUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SURAJ KUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Pratibha Devi | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
06
Ownership & Group Intelligence
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
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Subsidiaries
-
Group entities
-
Capital events
-
Key managerial personnel: Pratibha Devi (Managing Director)
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 80 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +1.42 over 2 year(s).
Latest year revenue grew 2.1x.
Operating for 43+ years.
Distress signals & risk flags
Losses deepening year-on-year.
Statutory filings appear overdue.
Compliance score is weak (18/100).
1 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence44/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 2 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment58/100
Mixed indicators - deeper appraisal suggested
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 view67/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events13 Aug 2025
Director appointed
Pratibha Devi (Managing Director)
Director ceased
ANJALI JAIN
30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
10 Nov 2022
Director appointed
VINOD KUMAR (Additional Director)
Director appointed
SURAJ KUMAR (Additional Director)
Director ceased
YOGENDRA PRASAD
09 Nov 2022
Director ceased
RAJESH KUMAR
06 Jul 2021
Director ceased
PIYALI GUHA
Director ceased
MONAJ CHATTERJEE
Director ceased
BAJRANG KUMAR SULTANIA
05 Aug 2017
Director ceased
BINAY KUMAR AGARWAL
Director ceased
RAJENDRA KUMAR MAHESHWARI
10 Oct 2012
Director ceased
RAJESH KUMAR AGARWAL
25 Sep 2010
Director ceased
SUSHIL KUMAR SAH
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Key Observations
Auto-generated from the data aboveRevenue grew 24% over the last 2 financial year(s).
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
| Company | CIN | Location |
|---|---|---|
| Spoco Steel India Private Limited | U27100OR2009PTC010535 | Rourkela, Orissa, India |
| Vijaya Explosives Private Limited | U24297TG2012PTC080380 | Secunderabad, Telangana, India |
| Pushpanjali Coal & Coke Private Limited | U23200BR1988PTC003156 | Aurangabad, Bihar, India |
| Keshra Ceramics Private Limited | U74900WB2013PTC190324 | Siliguri, West Bengal, India |
| Nidhi Coal Transport Private Limited | U60231OR2004PTC032292 | Talcher, Orissa, India |
| D.K.Jhunjhunwala And Co Private Limited | U26921OR1970PTC000535 | Cuttack, Orissa, India |
| Manglam Tie-Up Private Limited | U51109WB2008PTC128162 | Kolkata, West Bengal, India |
| Swisindia Minerals & Metals Private Limited | U14200TG2008PTC059451 | Hyderabad, Telangana, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Indesca Commercial Ltd before audits and certifications: compliance score 18/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Indesca Commercial Ltd: 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: Mixed indicators - deeper appraisal suggested. Credit risk score 80/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 80/100, margin trends, ownership structure and peer set for Indesca Commercial Ltd - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 56/100, distress signals and MSME payment-delay disclosures - know whether Indesca Commercial Ltd 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 Indesca Commercial Ltd - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Indesca Commercial Ltd an active company?
Indesca Commercial Ltd has MCA status “Active” with a compliance score of 18/100 (Caution Indicated).
Is Indesca Commercial Ltd financially healthy?
Indesca Commercial Ltd has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.
Should I do business with Indesca Commercial Ltd?
Its overall Trust Score is 56/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Indesca Commercial Ltd?
See the directors and ownership sections above for board and shareholding detail. 3 active director(s) are on record.
Does Indesca Commercial Ltd have loans or charges against its assets?
No charges are registered against this company - an unencumbered balance sheet.
Is Indesca Commercial Ltd up to date with its ROC filings?
Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 18/100 (Caution Indicated).
Is it risky to lend to Indesca Commercial Ltd?
Its Credit Risk Score is 80/100 (Low Risk). Banker verdict: Mixed indicators - deeper appraisal suggested.
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.
