About Ikea Services India Private Limited
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Ikea Services India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Ikea Supply Ag. It operates in the business support services segment of the business services sector. It was incorporated on 15 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2012FTC231580. Its GSTIN is 07AACCI8376C1ZJ (Delhi).
The company has an authorised share capital of ₹3.55 Cr and a paid-up capital of ₹3.55 Cr. It is led by directors including Michael Nielsen and Nurani Seshan Parameswaran.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 421 DLF Tower A, Jasola District Centre, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.87 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹9.31 Cr (net margin 9.3%) and EBITDA of ₹17.81 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IKEA. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.45 Cr; the latest was in August 2016. Its 10 peer companies in the Business Services industry (Business Auxiliary Services) are compared by revenue, 5 larger and 5 smaller; the largest is SRCC Management Consultant Private Limited with revenue of ₹104.15 Cr.
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.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressUnit No. 421 DLF Tower A, Jasola District Centre, New Delhi, Delhi, India – 110025
- IndustryBusiness Services, Business Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ikea Services India Private Limited
The main business activity of Ikea Services India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ikea Services India Private Limited FY 2025 filings available
Ikea Services India Private Limited reported revenue of ₹99.87 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ikea Services India Private Limited
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 2% 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 of Ikea Services India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.31 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 of Ikea Services India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ikea Services India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ikea Services India Private Limited
Ikea Services India has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael Nielsen | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
| Nurani Seshan Parameswaran Also directs: Ikea Product Development Center (India) Private Limited | Director | 04 Mar 2024 | 2 Years 7 Months | Current |
| Anna Linn Marie Roslund | Director | 04 Mar 2024 | 2 Years 7 Months | Current |
| Linus Erik Bjoerkman | Director | 04 Mar 2024 | 2 Years 7 Months | Current |
Peer Comparison of Ikea Services India Private Limited
Ikea Services India Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SRCC Management Consultant Private Limited | ₹104.15 Cr (FY 2025) | •••• | •••• | 8564.0% | •••• | Hyderabad, Telangana, India |
| Silver Line IT Solutions Private Limited | ₹101.25 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Noida, Uttar Pradesh, India |
| Evergreen Management Services India Private Limited | ₹101.24 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Gap International Sourcing (India) Private Limited | ₹100.64 Cr (FY 2022) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Escalon Business Services Private Limited | ₹100.43 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Mohali, Punjab, India |
| Ikea Services India Private Limited this company | ₹99.87 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Madhya Pradesh Laghu Udyog Nigam Limited | ₹99.17 Cr (FY 2019) | •••• | •••• | 3.0% | •••• | Bhopal, Madhya Pradesh, India |
| Sonal Paper Agencies Private Limited | ₹98.63 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Teg India Private Limited | ₹98.21 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| BP India Private Limited | ₹97.58 Cr (FY 2021) | •••• | •••• | 85.0% | •••• | Mumbai, Maharashtra, India |
| MSC Service Center India Private Limited | ₹97.39 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ikea Services India by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ikea Services India Private Limited
Ikea Services India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ikea Services India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ikea Services India Private Limited
Ikea Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Ikea Services India Private Limited
Ikea Services India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.45 Cr; the latest was in August 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Ikea Supply Ag, Ikea Supply Services Holding AG Seller: Ingka Pro Holding BV, Ingka Holding Overseas BV |
| Aug 2012 | Funding round | ₹3.45 Cr | Investors: Ingka Pro Holding BV, Ingka Holding Overseas BV |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Ikea Services India Private Limited
Ikea Services India Private Limited has a workforce of 115 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ikea Services India Private Limited
Ikea Services India Private Limited has 23 board changes on record since 2012: 4 appointments and 19 cessations. The latest: Anna Linn Marie Roslund ceased to be Additional Director on 28 Aug 2024.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ikea Services India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ikea Services India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ikea Services India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ikea Services India Private Limited
Ikea Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCI8376C1ZJ | Delhi | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ikea Services India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Ikea Services India Private Limited
Frequently Asked Questions about Ikea Services India Private Limited
Ikea Services India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in business support services, within the business services industry. It was incorporated on 15 February 2012 (14+ years old) and is registered under CIN U74900DL2012FTC231580.
Ikea Services India reported revenue of ₹99.87 Cr for FY 2025 (down 1% YoY).
Ikea Services India has 4 current directors:
- Michael Nielsen - Director
- Nurani Seshan Parameswaran - Director
- Anna Linn Marie Roslund - Director
- Linus Erik Bjoerkman - Director
Ikea Services India reported a net profit of ₹9.31 Cr (net margin 9.3%) and EBITDA of ₹17.81 Cr (EBITDA margin 17.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ikea Services India is 8% over three years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ikea Services India is 07AACCI8376C1ZJ, registered in Delhi.
The CIN (Corporate Identification Number) of Ikea Services India is U74900DL2012FTC231580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikea Services India was incorporated on 15 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Ikea Services India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.45 Cr; the latest was in August 2016.
The peers of Ikea Services India by revenue are SRCC Management Consultant Private Limited, Silver Line IT Solutions Private Limited, Evergreen Management Services India Private Limited, Gap International Sourcing (India) Private Limited, Escalon Business Services Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Anna Linn Marie Roslund ceased to be Additional Director on 28 Aug 2024. Linus Erik Bjoerkman ceased to be Additional Director on 28 Aug 2024. Nurani Seshan Parameswaran ceased to be Additional Director on 28 Aug 2024. Ikea Services India has 23 board changes on record in total.