About Ikia Metals Private Limited
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Ikia Metals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 03 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2019PTC333885. Its GSTIN is 27AAFCI4898E1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahendra Mehta Kanakraj and Kanakraj Narayanmal Mehta.
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 380/388 1st Floor Majestic Mansion Svp Road Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31 Lakh (net margin 2.3%) and EBITDA of ₹42.42 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
For more details, the company can be reached via its website indigometalloys.co.in.
Company details
Contact details
Ikia Metals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address380/388 1st Floor Majestic Mansion Svp Road Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Ikia Metals Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ikia Metals is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ikia Metals Private Limited, buy the company report.
Financials of Ikia Metals Private Limited
FY 2025 filings availableIkia Metals Private Limited reported revenue of ₹13.55 Cr (up 295% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 70% over three years, including 295% growth 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
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| EBITDA | ₹42.42 Lakh | ||||
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| Net Profit (PAT) | ₹31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Ikia Metals Private Limited, buy the company report.
Board of directors of Ikia Metals Private Limited
Ikia Metals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Mehta Kanakraj Also directs: Inflow Copperex Solutions LLP, Bombay Metal Exchange Limited, Mercure Metals and Alloys Private Limited and 1 more | Director | 03 Dec 2019 | 6 Years 10 Months | Current |
| Kanakraj Narayanmal Mehta | Director | 03 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Ikia Metals Private Limited is audited by ANAND JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND JAIN & ASSOCIATES | FY 2021 | 105666W |
Shareholding
The shareholding of Ikia Metals Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ikia Metals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ikia Metals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ikia Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ikia Metals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI4898E1Z7 | Maharashtra | Active | 02 Jan 2020 |
| 24AAFCI4898E1ZD | Gujarat | Active | 01 Feb 2020 |
To see the full GST registrations and return filing status of Ikia Metals Private Limited, buy the company report.
Recent activity
Ikia Metals Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kanakraj Narayanmal Mehta was appointed as Director on 03 Dec 2019.
Frequently asked questions
Ikia Metals is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 03 December 2019 (7+ years old) and is registered under CIN U51909MH2019PTC333885.
Ikia Metals has 2 current directors:
- Mahendra Mehta Kanakraj - Director
- Kanakraj Narayanmal Mehta - Director
The latest financial statements of Ikia Metals 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 2020 are in the company report.
The GSTIN of Ikia Metals is 27AAFCI4898E1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCI4898E1ZD (Gujarat).
The CIN (Corporate Identification Number) of Ikia Metals is U51909MH2019PTC333885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikia Metals was incorporated on 03 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Kanakraj Narayanmal Mehta was appointed as Director on 03 Dec 2019. Mahendra Mehta Kanakraj was appointed as Director on 03 Dec 2019.
Ikia Metals can be reached through the website indigometalloys.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ikia Metals is at 380388 1st Floor Majestic Mansion Svp Road Girgaon, Mumbai, Maharashtra, India – 400004.
Ikia Metals operates in the metals and minerals industry, in the metal retail and distribution segment.