MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0046530
Ika India Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹105.52 Cr
▲ 15% YoY
Net profit · FY 2025
₹15.68 Cr
Net margin 14.9%
EBITDA · FY 2025
₹23.2 Cr
EBITDA margin 22%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹7.7 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Employees · EPFO
76
Provident fund records
Directors on board
4
As per MCA filings
About Ika India Private Limited
Data last updated:
Ika India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ika Werke Gmbh & Co., Kg. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 21 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2008PTC048372. Its GSTIN is 29AABCI9880Q1ZI (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.7 Cr. It is led by directors including Govind Padmanabhan (Managing Director) and Bukinakere Ramachandragowda Lohith (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.52 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹15.68 Cr (net margin 14.9%) and EBITDA of ₹23.2 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 11 brands, including Magistra kozmetika, Etnika, Papriika, Brassika, Urvika and others. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹7.65 Cr; the latest was in April 2012. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 1 micro and small supplier.
Ika India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0046530). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ika.com.
Company details
CIN U74900KA2008PTC048372
Registration Number 048372
Incorporation Date 21 November 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ika Werke Gmbh & Co., Kg
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0046530
Key People
Govind Padmanabhan Managing Director Bukinakere Ramachandragowda Lohith Whole-Time Director Rene Alexandre Stiegelmann Director Recognitions & Rankings of Ika India
Contact details
Ika India Private Limited's registered office is in Bangalore, Karnataka. Its website is ika.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 57/3 Dr. Vishnuvardhan Road Sunkalpalya, Kengeri Hobli Bengaluru South Taluk, Bangalore, Karnataka, India – 560060
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Ika India Private Limited, buy the company report.
Comprehensive company report
Ika India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ika India operates multiple associated brands including Magistra kozmetika, Etnika, and Papriika. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces natural cosmetics, repellants, and sanitizers based on pharmaceutical innovations. | magistrakozmetika.com | |
| Etnika provides handcrafted jewelry designs inspired by travel for global customers. | shopetnika.com | |
| Sells private-label Indian ethnic fashion wear for women. | brassika.com | |
| Offers executive search, recruitment, management transition, evaluation, and coaching services. | urvika.com | |
| Provides AI content on RAG systems, articles, and newsletters for tech users. | chitika.com | |
| An online horizontal retail store for grocery, food, and fashion items. | shopvatika.com | |
| Delivers comprehensive graphic design solutions to clients. | studioteika.com | |
| Cakes and snacks are ordered online and delivered in Beijing. | micamika.com | |
| Details of cryptocurrencies are provided via an app-based research platform. | coinpaprika.com | |
| SEO services are provided by TRIONIKA for online optimization needs. | trionika.com | |
| papriika.com |
Business activity
The main business activity of Ika India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ika India Private Limited, buy the company report.
Financials of Ika India Private Limited
FY 2025 filings availableIka India Private Limited reported revenue of ₹105.52 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹105.52 Cr ▲ 15%
Net profit · FY 2025
₹15.68 Cr margin 14.9%
EBITDA · FY 2025
₹23.2 Cr margin 22%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 9%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 9%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 15% growth in the latest year. EBITDA rose 27% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹105.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.68 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | ||||
| Net Profit Margin | 14.9% | ||||
| 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 Ika India Private Limited, buy the company report.
Board of directors of Ika India Private Limited
Ika India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rene Alexandre Stiegelmann | Director | 21 Nov 2008 | 17 Years 11 Months | Current |
| Bukinakere Ramachandragowda Lohith | Whole-Time Director | 27 Jan 2022 | 4 Years 9 Months | Current |
| Rajneesh Sood | Director | 01 Sep 2014 | 12 Years 2 Months | Current |
| Govind Padmanabhan | Managing Director | 16 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Ika India Private Limited is audited by ASA & ASSOCIATES LLP, CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & ASSOCIATES LLP, CHARTERED ACCOUNTANTS | FY 2023 | 009571N/N500006 |
Shareholding
The shareholding of Ika India Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ika India Private Limited, buy the company report.
Deals & funding
Ika India Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹7.65 Cr; the latest was in April 2012.
Total deals
3
Funding rounds
3
Disclosed funding
₹7.65 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Funding round | ₹2.73 Cr | Investors: IKA Werke GmbH & Company KG |
| Sep 2010 | Funding round | ₹77.1 Lakh | Investors: IKA Werke GmbH & Company KG |
| Feb 2009 | Funding round | ₹4.15 Cr | Investors: IKA Werke GmbH & Company KG |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ika India Private Limited has 5 court cases on record: 3 filed by Ika India, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The PR. Commissioner of Income-Tax | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed by the company against an individual | Disposed |
To see the full case history of Ika India 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
Ika India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Perin Polymers Private Limited |
To see the full MSME payment records of Ika India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ika India Private Limited has a workforce of 76 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
76
Active EPFO establishments
1
Employee growth
2.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 76 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ika India Private Limited, buy the company report.
GST
Ika India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI9880Q1ZI | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ika India Private Limited, buy the company report.
Recent activity
Ika India Private Limited has 16 board changes on record since 2008: 10 appointments and 6 cessations. The latest: Govind Padmanabhan was appointed as Managing Director on 16 Feb 2026.
Appointed
Govind Padmanabhan was appointed as Managing Director.
AGM
Ika India Private Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Filing
Ika India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Nagendra Kumar Shankarnarayan Maroor ceased to be Managing Director.
Appointed
Bukinakere Ramachandragowda Lohith was appointed as Whole-Time Director.
Appointed
Nagendra Kumar Shankarnarayan Maroor was appointed as Managing Director.
Ceased
Peter Gunter Laser ceased to be Managing Director.
Appointed
Rajneesh Sood was appointed as Director.
Ceased
Rajakkalmangalam Krishnaswamy Vaidyanathan ceased to be Whole-Time Director.
Appointed
Peter Gunter Laser was appointed as Managing Director.
Ceased
Thomas Karl Willi Eberle ceased to be Director.
Ceased
Suren Balkrishna Dixit ceased to be Managing Director.
7 earlier events are in the company report.
Frequently asked questions
Ika India is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 21 November 2008 (18+ years old) and is registered under CIN U74900KA2008PTC048372.
Ika India has 4 current directors:
- Govind Padmanabhan - Managing Director
- Bukinakere Ramachandragowda Lohith - Whole-Time Director
- Rene Alexandre Stiegelmann - Director
- Rajneesh Sood - Director
The latest financial statements of Ika India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ika India is 29AABCI9880Q1ZI, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ika India is U74900KA2008PTC048372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ika India has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Ika India was incorporated on 21 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Ika India has 3 deals on record (3 funding rounds), with disclosed funding of ₹7.65 Cr; the latest was in April 2012.
Govind Padmanabhan was appointed as Managing Director on 16 Feb 2026. Nagendra Kumar Shankarnarayan Maroor ceased to be Managing Director on 21 Feb 2024. Bukinakere Ramachandragowda Lohith was appointed as Whole-Time Director on 27 Jan 2022. Ika India has 16 board changes on record in total.
Yes, Ika India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0046530).
Ika India has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 31 Oct 2019.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages