Indocean Engineers Pvt Ltd - Due diligence report

A 360° intelligence report on Indocean Engineers Pvt Ltd: trust score, financial health, credit view, compliance, directors, growth and dist…

1967-03-03 Hyderabad-500 482., Telangana Active Unlisted Active Non-Compliant
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IE Indocean Engineers Pvt Ltd
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Indocean Engineers Pvt Ltd — 360° Intelligence Report

Generated from MCA filings & public records
71/100
Trust Score
Moderate

Indocean Engineers Pvt Ltd is assessed as Moderate with a Trust Score of 71/100. Indocean Engineers Pvt Ltd is an active private limited indian non-government company incorporated in 1967, operating in the Business Outsourcing 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 moderate compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Indocean Engineers Pvt Ltd 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
71/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
54/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 54/100 Moderate
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
GHRINESH BHAGIA 01234567 Director 01/04/2018 6 yrs Approved
ISHWARLAL JESSARAM BHAGIA 01234567 Director 01/04/2018 6 yrs Approved
NIMEESHA NANIK BHAGIA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • ISHWARLAL JESSARAM BHAGIA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2018)
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 2023 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
1 allotment(s) · 0 transfer(s)

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Profit expanded 1.42 year-on-year.
Asset base grew 2.1x - capacity expansion.
Operating for 59+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Compliance score is weak (54/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence70/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment64/100
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 view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 11 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
29 Sep 2023
Director ceased
NIMEESHA NANIK BHAGIA
28 Aug 2023
Director appointed
NIMEESHA NANIK BHAGIA (Director)
24 Aug 2023
Director ceased
NANIK BHAGIA JESSARAM
01 Apr 2013
Director appointed
GHRINESH BHAGIA (Director)
31 Mar 2011
Securities allotted
225.00 Equity Shares - 11.25 Lakh raised
26 Feb 2011
Director ceased
GHRINESH BHAGIA
25 Feb 2011
Director ceased
ISHWARLAL JESSARAM BHAGIA
03 Mar 1967
Incorporated
Registered with Roc Hyderabad
Director appointed
ISHWARLAL JESSARAM BHAGIA (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net worth is positive.
3 active director(s) / partner(s); review board churn before relying on management continuity.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Leins International Private Limited U74999KL2019PTC057038 Cherthala, Kerala, India
Arreda Homes Private Limited U45400MH2016PTC286717 Mumbai, Maharashtra, India
Jm Constructions Private Limited U74899DL1995PTC064086 New Delhi, Delhi, India
Future City Developers Private Limited U70109PB2011PTC035512 Kharar, Punjab, India
Lumbini Constructions Private Limited U45500TG2018PTC126548 Hyderabad, Telangana, India
K.K. Awas Private Limited U55101BR2000PTC009261 Gopalganj, Bihar, India
Abs Infradevelopers Private Limited U70102UP2015PTC070771 Varanasi, Uttar Pradesh, India
Green Buildtech Private Limited U40109DL2005PTC143355 Delhi, Delhi, India
12

Who Uses This Report

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

Verify Indocean Engineers Pvt Ltd before audits and certifications: compliance score 54/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Indocean Engineers Pvt 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 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Indocean Engineers Pvt Ltd - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 71/100, distress signals and MSME payment-delay disclosures - know whether Indocean Engineers Pvt Ltd 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 Indocean Engineers Pvt Ltd - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Indocean Engineers Pvt Ltd an active company?

Indocean Engineers Pvt Ltd has MCA status “Active” with a compliance score of 54/100 (Moderate).

Is Indocean Engineers Pvt Ltd financially healthy?

Indocean Engineers Pvt Ltd has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Indocean Engineers Pvt Ltd?

Its overall Trust Score is 71/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Indocean Engineers Pvt Ltd?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Indocean Engineers Pvt Ltd have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Indocean Engineers Pvt Ltd up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 54/100 (Moderate).

Is it risky to lend to Indocean Engineers Pvt Ltd?

Its Credit Risk Score is 60/100 (Moderate). 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.