Fortune MNC 500 India 2026 edition
Rank#296- Total income
- ₹1,892 Cr
- Profit
- ₹-1,133 Cr
Last year #283
Ikea India Private Limited - home & lifestyle in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1,780.1 Cr
▼ 4% YoY
Net loss · FY 2025
₹1,325.2 Cr
Net margin -74.4%
EBITDA · FY 2025
-₹571.4 Cr
EBITDA margin -32.1%
Authorised capital
₹10,000 Cr
Registered with MCA
Paid-up capital
₹4,615 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
2,774
Provident fund records
Directors on board
4
As per MCA filings
About Ikea India Private Limited
Data last updated:
Ikea India Private Limited is a foreign private limited company based in Gurgaon, Haryana, India, a subsidiary of Ingka Holding Overseas Bv, Netherlands. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 02 August 2013 and has been in existence for over 13 years.
Ikea India is ranked #296 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52399HR2013FTC121766. Its GSTIN is 06AADCI3006N1ZO (Haryana). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹10,000 Cr and a paid-up capital of ₹4,615 Cr. It is led by directors including Susanne Gun Elisabeth Pulverer (Managing Director) and Murali Pallipuram Subramanian Krishna Iyer.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 47, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,780.1 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹1,325.2 Cr (net margin -74.4%) and EBITDA of -₹571.4 Cr (EBITDA margin -32.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 22% over five years.
The company has about 2,774 employees on its provident fund (EPFO) records.
Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 9 cases are pending. The company has 10 deals on record (5 rights issues, 5 debt financings), with disclosed funding of ₹6,990 Cr; the latest was in November 2024. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 326 overdue payments to 71 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ikea.in.
Company details
CIN U52399HR2013FTC121766
Registration Number 121766
Incorporation Date 02 August 2013
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ingka Holding Overseas Bv, Netherlands
Compliance Status Active Compliant
CIN history
Ikea India has one previous CIN (Corporate Identification Number): U52399DL2013FTC256222. The current CIN is U52399HR2013FTC121766, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52399HR2013FTC121766 | Current |
| U52399DL2013FTC256222 | Previous |
Key People
Susanne Gun Elisabeth Pulverer Managing Director Murali Pallipuram Subramanian Krishna Iyer Director Nivedeeta Moirangthem Director Recognitions & Rankings of Ikea India
Contact details
Ikea India Private Limited's registered office is in Gurgaon, Haryana. Its website is ikea.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot C1 Commercial Complex Sector 47, Urban Estate Near Bpcl Petrol Pump, Gurgaon, Haryana, India – 122018
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Ikea India Private Limited, buy the company report.
Comprehensive company report
Ikea 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
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Business activity
The main business activity of Ikea India is goods and service producing activities of households for own use. In detail, this covers activities of households as employers of domestics personnel.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| T | Goods and service producing activities of households for own use | T1 | Activities of households as employers of domestics personnel |
To see the full business activity and turnover split of Ikea India Private Limited, buy the company report.
Financials of Ikea India Private Limited
FY 2024 filings availableIkea India Private Limited reported revenue of ₹1,780.1 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹1,780.1 Cr ▼ 4%
Net loss · FY 2025
₹1,325.2 Cr margin -74.4%
EBITDA · FY 2025
-₹571.4 Cr margin -32.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 17%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 7%
5 years · compounded
▼ 7%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 10% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹571.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,325.2 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32.1% | ||||
| Net Profit Margin | -74.4% | ||||
| 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 Ikea India Private Limited, buy the company report.
Board of directors of Ikea India Private Limited
Ikea India has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murali Pallipuram Subramanian Krishna Iyer | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
| Susanne Gun Elisabeth Pulverer | Managing Director | 23 Feb 2022 | 4 Years 8 Months | Current |
| Nivedeeta Moirangthem | Director | 29 Aug 2025 | 1 Years 2 Months | Current |
| Patrik Antoni | Additional Director | 27 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Ikea India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Ikea 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 Ikea India Private Limited, buy the company report.
Deals & funding
Ikea India Private Limited has 10 deals on record (5 rights issues, 5 debt financings), with disclosed funding of ₹6,990 Cr; the latest was in November 2024.
Total deals
10
Rights issues
5
Debt financings
5
Disclosed funding
₹6,990 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Debt financing | ₹2,820 Cr | Investors: Ingka Holding Overseas BV, Fami Limited |
| Mar 2023 | Debt financing | ₹950 Cr | Investors: Fami Limited |
| Sep 2022 | Rights issue | ₹600 Cr | Investors: Ingka Holding Overseas BV, Ingka Pro Holding BV |
| Jun 2022 | Debt financing | ₹600 Cr | Investors: Fami Limited |
| Mar 2021 | Rights issue | ₹1,500 Cr | Investors: Ingka Holding Overseas BV, Ingka Pro Holding BV |
To see the full deal history of Ikea India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ikea India Private Limited has 14 court cases on record: 5 filed by Ikea India, 9 filed against it. 9 cases are pending and 5 are disposed.
Total cases
14
Filed by the company
5
Filed against the company
9
Pending
9
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 7 | 8 |
| District courts | 4 | 2 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed by the company against Icici Lombard General Insurance Company Limited and 1 other | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Rallis India Limited Cin L36992mh1948plc014083 | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by VR Dakshin Private Limited | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed by the company against VR Dakshin Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against VR Dakshin Private Limited | Disposed |
To see the full case history of Ikea 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
Ikea India Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 326 overdue payments to 71 micro and small suppliers. 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 (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Foodcoast | |||
| Nepra Resource Management Private Limited | |||
| Euronics Industries Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ikea India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ikea India Private Limited has a workforce of 2,774 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
2,774
Active EPFO establishments
1
Employee growth
0.29%
GST
Ikea India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCI3006N1ZO | Haryana | Active | 01 Jul 2017 |
| 07AADCI3006N1ZM | Delhi | Active | 01 Jul 2017 |
| 27AADCI3006N1ZK | Maharashtra | Active | 01 Jul 2017 |
| 29AADCI3006N1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ikea India Private Limited, buy the company report.
Recent activity
Ikea India Private Limited has 17 board changes on record since 2014: 4 appointments and 13 cessations. The latest: Patrik Antoni was appointed as Additional Director on 27 Nov 2025.
Appointed
Patrik Antoni was appointed as Additional Director.
Ceased
Nivedeeta Moirangthem ceased to be Additional Director.
Appointed
Nivedeeta Moirangthem was appointed as Director.
AGM
Ikea India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ikea India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Parineeta Cecil Lakra ceased to be Additional Director.
Appointed
Murali Pallipuram Subramanian Krishna Iyer was appointed as Director.
Ceased
Murali Pallipuram Subramanian Krishna Iyer ceased to be Additional Director.
Ceased
Susanne Gun Elisabeth Pulverer ceased to be Additional Director.
Ceased
Peter Jurgen Betzel ceased to be Managing Director.
Ceased
Preet Kamal Dhupar ceased to be CFO.
Appointed
Susanne Gun Elisabeth Pulverer was appointed as Managing Director.
8 earlier events are in the company report.
News
Frequently asked questions
Ikea India is an active foreign private limited company based in Gurgaon, Haryana, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 02 August 2013 (13+ years old) and is registered under CIN U52399HR2013FTC121766.
Ikea India has 4 current directors:
- Susanne Gun Elisabeth Pulverer - Managing Director
- Murali Pallipuram Subramanian Krishna Iyer - Director
- Nivedeeta Moirangthem - Director
- Patrik Antoni - Additional Director
The latest financial statements of Ikea India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ikea India is 06AADCI3006N1ZO, registered in Haryana. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 07AADCI3006N1ZM (Delhi), 27AADCI3006N1ZK (Maharashtra), 29AADCI3006N1ZG (Karnataka).
The CIN (Corporate Identification Number) of Ikea India is U52399HR2013FTC121766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikea India has 14 court cases on record: 5 filed by the company and 9 filed against it. 9 are pending. Most are in the high courts.
Ikea India was incorporated on 02 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Ikea India has 10 deals on record (5 rights issues, 5 debt financings), with disclosed funding of ₹6,990 Cr; the latest was in November 2024.
Patrik Antoni was appointed as Additional Director on 27 Nov 2025. Nivedeeta Moirangthem ceased to be Additional Director on 29 Sep 2025. Nivedeeta Moirangthem was appointed as Director on 29 Aug 2025. Ikea India has 17 board changes on record in total.
Ikea India has 12 MSME Form 1 returns on record between 2019 and 2024, listing 326 overdue payments to 71 micro and small suppliers. The latest return was filed on 28 Apr 2024.
Ikea India can be reached through the website ikea.in. Its registered office is in Gurgaon, Haryana, India.
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