MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0107644
Igear Tech Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.9 Cr
▲ 63% YoY
Net loss · FY 2024
₹3.04 Cr
Net margin -18%
EBITDA · FY 2024
-₹1.87 Cr
EBITDA margin -11.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
6
GST registered
About Igear Tech Private Limited
Data last updated:
Igear Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH2020PTC340742. Its GSTIN is 27AOFPK6551B1Z5 (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Neha Sharma and Kamlesh Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.9 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -18%) and EBITDA of -₹1.87 Cr (EBITDA margin -11.1%). Revenue has grown at a compounded annual rate (CAGR) of 119% over three years.
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Igear Tech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0107644). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website igear.asia.
Company details
CIN U51505MH2020PTC340742
Registration Number 340742
Incorporation Date 17 June 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0107644
Key People
Neha Sharma Director Kamlesh Sharma Director Recognitions & Rankings of Igear Tech
Contact details
Igear Tech Private Limited's registered office is in Mumbai, Maharashtra. Its website is igear.asia. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address805 Corporate Annexe 8th Floor, Near Udyog Bhavan Sonawala Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Igear Tech Private Limited, buy the company report.
Comprehensive company report
Igear Tech Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Igear Tech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Igear Tech Private Limited, buy the company report.
Financials of Igear Tech Private Limited
FY 2025 filings availableIgear Tech Private Limited reported revenue of ₹16.9 Cr (up 63% YoY) for FY 2024.
Revenue · FY 2024
₹16.9 Cr ▲ 63%
Net loss · FY 2024
₹3.04 Cr margin -18%
EBITDA · FY 2024
-₹1.87 Cr margin -11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 119%
EBITDA CAGR growth
1 year
▼ 195%
3 years · compounded
▼ 120%
Revenue has grown at a compounded annual rate (CAGR) of 119% over three years, including 63% growth in the latest year. EBITDA fell 195% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.87 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.04 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -11.1% | |||
| Net Profit Margin | -18% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Igear Tech Private Limited, buy the company report.
Board of directors of Igear Tech Private Limited
Igear Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Sharma Also directs: Convergence Events LLP | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
| Kamlesh Sharma Also directs: Convergence Events LLP | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Igear Tech Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redefine Foods Private Limited | ₹16.91 Cr (FY 2025) | -4.0% | Vasai, Maharashtra, India | |||
| Kevay Stones Private Limited | ₹16.91 Cr (FY 2025) | 69.0% | Jaipur, Rajasthan, India | |||
| Olympus Therapeutics Private Limited | ₹16.9 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Starline Polymers Private Limited | ₹16.9 Cr (FY 2025) | -1.0% | Madhepura, Bihar, India | |||
| Igear Tech Private Limitedthis company | ₹16.9 Cr (FY 2024) | -₹3.04 Cr | -18% | 63.0% | Mumbai, Maharashtra, India | |
| Suumaya Protective Texcorp Limited | ₹16.9 Cr (FY 2023) | Mumbai, Maharashtra, India | ||||
| Pee Dee Cycles Private Limited | ₹16.9 Cr (FY 2024) | 24.0% | Ludhiana, Punjab, India | |||
| Cedna Biotech Private Limited | ₹16.89 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Shree Nath Jee Bakers Private Limited | ₹16.89 Cr (FY 2025) | 16.0% | Gorakhpur, Uttar Pradesh, India | |||
| Avyukt Healthcare Solutions Private Limited | ₹16.89 Cr (FY 2025) | 42.0% | Delhi, India |
To see the full peer comparison of Igear Tech Private Limited, buy the company report.
Auditor
Igear Tech Private Limited is audited by S A R A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R A & ASSOCIATES | FY 2023 | 120927W |
Shareholding
The shareholding of Igear Tech Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Igear Tech Private Limited, buy the company report.
Legal cases
Igear Tech Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by M/S Imagecraft Technologies India Pvt. Ltd. | Pending |
| District court, Aurangabad, Maharashtra | Criminal miscellaneous application | Filed against the company by The State of Maharashtra | Pending |
To see the full case history of Igear Tech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Igear Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Igear Tech Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Igear Tech has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AOFPK6551B1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCI6671R1ZP | Maharashtra | Active | 11 Aug 2020 |
| 29AAFCI6671R1ZL | Karnataka | Active | 01 Apr 2022 |
| 07AAFCI6671R1ZR | Delhi | Active | 23 Jul 2022 |
To see the full GST registrations and return filing status of Igear Tech Private Limited, buy the company report.
Recent activity
Igear Tech Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Ritu Rajendra Deora ceased to be Additional Director on 29 Sep 2024.
AGM
Igear Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Igear Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ritu Rajendra Deora ceased to be Additional Director.
Appointed
Kamlesh Sharma was appointed as Director.
Appointed
Neha Sharma was appointed as Director.
Incorporation
17 Jun 2020
Igear Tech Private Limited was registered on 17 Jun 2020 with Roc Mumbai & aged 6 years 4 months as per MCA records.
News
Frequently asked questions
Igear Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 June 2020 (6+ years old) and is registered under CIN U51505MH2020PTC340742.
Igear Tech has 2 current directors:
- Neha Sharma - Director
- Kamlesh Sharma - Director
The latest financial statements of Igear Tech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Igear Tech is 27AOFPK6551B1Z5, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAFCI6671R1ZP (Maharashtra), 29AAFCI6671R1ZL (Karnataka), 07AAFCI6671R1ZR (Delhi).
The CIN (Corporate Identification Number) of Igear Tech is U51505MH2020PTC340742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Igear Tech has 2 court cases on record: 2 filed against it. 2 are pending.
Igear Tech was incorporated on 17 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Igear Tech by revenue are Redefine Foods Private Limited, Kevay Stones Private Limited, Olympus Therapeutics Private Limited, Starline Polymers Private Limited, Suumaya Protective Texcorp Limited and 4 more, all in the same principal business activity (wholesale trading).
Ritu Rajendra Deora ceased to be Additional Director on 29 Sep 2024. Kamlesh Sharma was appointed as Director on 17 Jun 2020. Neha Sharma was appointed as Director on 17 Jun 2020.
Yes, Igear Tech is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0107644).
Igear Tech can be reached through the website igear.asia. Its registered office is in Mumbai, Maharashtra, India.
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