Promoter holding
64.27%
IP
Instant Procurement Services Private Limited - Due diligence report
A 360° intelligence report on Procmart: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…
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Procmart — 360° Intelligence Report
Generated from MCA filings & public records78/100
Trust Score
Low Risk
Procmart is assessed as Low Risk with a Trust Score of 78/100. Procmart is an active private limited indian non-government company incorporated in 2015, operating in the Trading 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 moderate compliance risk and moderate financial risk profile.
Report generated on 02 Jul 2026 from the latest processed filings. Instant Procurement Services Private Limited 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 ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
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 ScoreLow Risk
90/100
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 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: 45/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
Charges position: 9 open (194.60 cr) · 8 satisfied (46.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 11 | 48.0 cr |
| Hdfc Bank Limited | 2 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| The Hongkong And Shanghai Banking Corporation Limited | 1 | 48.0 cr |
| Citi Bank N.A. | 2 | 48.0 cr |
Compliance Score: 68/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- 1 auditor resignation(s) filed - latest: G N Kondhare & Associates on 2023-01-18.
- Delayed payments to MSME suppliers disclosed (65 disclosure(s)).
- 18 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| NIKHIL KISHORCHANDRA VORA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK KUMAR POPLI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| CHUNSOO KIM | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHISH AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PRATEEK KUMAR JAIN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANISH POPLI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 6 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
Director & KMP remuneration (FY 2024)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2024 annual returnPublic / 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
7 allotment(s) · 9 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Procmart Sdn Bhd, Malaysia | Subsidiary Company | 74.00% |
| Pt Procmart Technologies, Indonesia | Subsidiary Company | 74.00% |
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Asset base grew 0.86 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 10+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
9 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 12.64 Lakh.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence73/100
Favourable indicators
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 assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 9 open charge(s) of 194.60 cr already registered.
- Compliance gaps should be priced into terms.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events15 Nov 2025
Charge created
Others - 25.00 cr
24 Sep 2025
Last AGM held
Annual general meeting
09 Sep 2025
Charge created
Others - 15.00 cr
12 Aug 2025
Charge satisfied
Citi Bank N.A.
22 Jul 2025
Charge satisfied
Others
21 Jul 2025
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 20.00 cr
15 Apr 2025
Charge created
Axis Bank Limited - 30.00 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
25 Mar 2025
Charge created
Citi Bank N.A. - 9.60 cr
Charge created
Citi Bank N.A. - 1.00 cr
07 Jan 2025
Charge satisfied
Others
06 Sep 2024
Charge satisfied
Others
19 Apr 2024
Director appointed
CHUNSOO KIM (Nominee Director)
Director appointed
ASHISH AGARWAL (Nominee Director)
Director appointed
PRATEEK KUMAR JAIN (Nominee Director)
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
6 active director(s) / partner(s); board looks stable and experienced.
18 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
3 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Pravesha | U29219HR1993PTC137431 | Manesar, Haryana, India |
| Oasis Ethanol Industries Private Limited | U15202HR2018PTC072830 | Ambala, Haryana, India |
| Alaknanda Balmukund Ispat Private Limited | U27100WB2010PTC142638 | Circus Avenue, West Bengal, India |
| Spykar | U18101MH1998PTC114797 | Mumbai, Maharashtra, India |
| Serum Institute Life Sciences Private Limited | U24290PN2020PTC191301 | Pune, Maharashtra, India |
| Dindayal Jalan Textiles Private Limited | U17120MH1993PTC070354 | Mumbai, Maharashtra, India |
| Bindal Stainless Limited | U27100DL2020PLC374029 | New Delhi, Delhi, India |
| Indkal Technologies Private Limited | U32100KA2018PTC116590 | Bangalore, Karnataka, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Procmart before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Procmart: 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 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Procmart - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Procmart 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 Procmart - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Procmart an active company?
Procmart has MCA status “Active” with a compliance score of 68/100 (Moderate).
Is Procmart financially healthy?
Procmart has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.
Should I do business with Procmart?
Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Procmart?
Promoters hold a majority stake - exact percentages are in the full report. 6 active director(s) are on record.
Does Procmart have loans or charges against its assets?
9 open charge(s) are registered against its assets, and 8 earlier charge(s) stand satisfied.
Is Procmart up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 68/100 (Moderate).
Is it risky to lend to Procmart?
Its Credit Risk Score is 45/100 (Caution Indicated). 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.
