Indianic Infotech Limited - Due diligence report

A 360° intelligence report on Indianic Infotech: trust score, financial health, credit view, compliance, directors, growth and distress sign…

2000-01-20 Ahmedabad, Gujarat Active Unlisted Active Compliant
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II Indianic Infotech Limited
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Indianic Infotech — 360° Intelligence Report

Generated from MCA filings & public records
74/100
Trust Score
Moderate

Indianic Infotech is assessed as Moderate with a Trust Score of 74/100. Indianic Infotech is an active public limited indian non-government company incorporated in 2000, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Indianic Infotech Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Neutral

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 ScoreModerate
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
46/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
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
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
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.

Get full access

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: 80/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 5 open (19.88 cr) · 3 satisfied (3.39 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Axis Bank Limited4 48.0 cr
Standard Chartered Bank1 48.0 cr
Punjab National Bank2 48.0 cr
Bank Of India1 48.0 cr
Compliance Score: 46/100 Caution Indicated
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: EPFO.
  • Litigation present in 2 court forum(s).
  • 2 auditor resignation(s) filed - latest: MANISH KAILASH AGARWAL on 2017-08-28.
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
JIGAR MUKESHKUMAR PANCHAL 01234567 Director 01/04/2018 6 yrs Approved
MIHIR NARENDRABHAI RAVAL 01234567 Director 01/04/2018 6 yrs Approved
SANDEEPKUMAR OMPRAKASH MUNDRA 01234567 Director 01/04/2018 6 yrs Approved
PRADEEP KUMAR MUNDRA 01234567 Director 01/04/2018 6 yrs Approved
  • 4 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 2025)
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 2025 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
3 allotment(s) · 12 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Netlancers Inc Subsidiary Company 74.00%

Key managerial personnel: SANDEEPKUMAR OMPRAKASH MUNDRA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Operating for 26+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Compliance score is weak (46/100).
5 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence63/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment72/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 5 open charge(s) of 19.88 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view74/100
Positive growth indicators
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
30 Sep 2025
Last AGM held
Annual general meeting
12 Aug 2025
Charge created
Axis Bank Limited - 70.00 Lakh
31 Mar 2025
Latest balance sheet
Filed with ROC
31 Mar 2024
Share transfer (FY 2024)
100.00000000 shares to SHONIKA SANDEEP MUNDRA
31 Mar 2023
Share transfer (FY 2023)
20000.00000000 shares to SANDEEP OMPRAKASH MUNDRA
Share transfer (FY 2023)
5000.00000000 shares to SANDEEP OMPRAKASH MUNDRA
22 Oct 2021
Charge created
Standard Chartered Bank - 7.00 cr
16 Oct 2020
Director ceased
JIGAR MUKESHKUMAR PANCHAL
18 Sep 2020
Charge created
Axis Bank Limited - 68.40 Lakh
05 Jul 2019
Charge created
Axis Bank Limited - 10.00 Lakh
14 Jun 2019
Director appointed
JIGAR MUKESHKUMAR PANCHAL (Director)
31 Mar 2018
Share transfer (FY 2018)
5000.00000000 shares to TRUPTIBEN DHARMESHBHAI SHAH
Share transfer (FY 2018)
100.00000000 shares to ARPITA MUNDRA
Share transfer (FY 2018)
400.00000000 shares to ARPITA MUNDRA
25 May 2017
Director appointed
PRADEEP KUMAR MUNDRA (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Zettaone Technologies U72200KA2014PTC075293 Bangalore South, Karnataka, India
Avin Systems U72200KA2014PTC074287 Bangalore, Karnataka, India
Odoo In Private Limited U72900GJ2007PTC050227 Gandhinagar, Gujarat, India
Futurism U72200PN2003PTC018182 Pune, Maharashtra, India
Esspl U72200OR1998PTC005180 Bhubaneswar, Orissa, India
Excelencia I Tech Consulting Private Limited U72200TN2008PTC068633 Chennai City Corporation, Tamil Nadu, India
Ojas Softech U72300UP2008PTC035886 Noida, Uttar Pradesh, India
Decimal Technologies U72300HR2009PTC039652 Basai Road, Haryana, India
12

Who Uses This Report

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

Verify Indianic Infotech before audits and certifications: compliance score 46/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Indianic Infotech: 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: Favourable lending indicators. Credit risk score 80/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Indianic Infotech - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Indianic Infotech pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Indianic Infotech - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Indianic Infotech an active company?

Indianic Infotech has MCA status “Active” with a compliance score of 46/100 (Caution Indicated).

Is Indianic Infotech financially healthy?

Indianic Infotech has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Indianic Infotech?

Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Indianic Infotech?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Indianic Infotech have loans or charges against its assets?

5 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.

Is Indianic Infotech up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 46/100 (Caution Indicated).

Is it risky to lend to Indianic Infotech?

Its Credit Risk Score is 80/100 (Low Risk). Banker verdict: Favourable lending indicators.

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.