About India Electron Exchange Limited
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India Electron Exchange Limited is a public limited company based in Goa, India, a subsidiary of Global Energy Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U31200GA2003PLC003309. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.57 Cr. It is led by directors including Remy Ramdas and Imran Makandar.
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 Flat No. Gr 4 Ground Floor Building No. 4 Pod – III Aldeia De Goa University Rd. Bambo, Lim, Goa, India – 403206.
As per the financials filed for FY 2017, the company reported a revenue of ₹38.88 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹25.49 Lakh (net margin -65.6%) and EBITDA of -₹26.32 Lakh (EBITDA margin -67.7%). Revenue has grown at a compounded annual rate (CAGR) of 172% over three years and 8% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiaelectron.com.
Company details
Contact details
India Electron Exchange Limited's registered office is in Goa. Its website is indiaelectron.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. Gr 4 Ground Floor Building No. 4 Pod – III Aldeia De Goa University Rd. Bambo, Lim, Goa, India – 403206
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of India Electron Exchange 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 India Electron Exchange is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of India Electron Exchange Limited, buy the company report.
Financials of India Electron Exchange Limited
FY 2025 filings availableIndia Electron Exchange Limited reported revenue of ₹38.88 Lakh (down 81% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹38.88 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹26.32 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹25.49 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -67.7% | ||
| Net Profit Margin | -65.6% | ||
| 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 India Electron Exchange Limited, buy the company report.
Board of directors of India Electron Exchange Limited
India Electron Exchange has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Remy Ramdas Also directs: Belgundi Resorts Private Limited | Director | 28 Jul 2023 | 3 Years 3 Months | Current |
| Imran Makandar Also directs: Belgundi Resorts Private Limited, Shivshakti Urja Private Limited | Director | 28 Jul 2023 | 3 Years 3 Months | Current |
| Mikhail Harry Dhaul Also directs: Arra Greentech LLP, Devidayal Agro Energy LLP, Eternity Energy Private Limited and 5 more | Director | 13 Oct 2003 | 23 Years 0 Months | Current |
Shareholding
The shareholding of India Electron Exchange Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of India Electron Exchange Limited, buy the company report.
Legal cases
India Electron Exchange Limited has 7 court cases on record: 2 filed by India Electron Exchange, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (LC) | Filed against the company by Office of the Registrar of Companies | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (MCA) | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| District court, North Goa, Goa | Court case (SCS) | Filed against the company by an individual | Disposed |
To see the full case history of India Electron Exchange 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 India Electron Exchange Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
India Electron Exchange Limited has a workforce of 1 employees on its EPFO records as of Mar 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 1 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of India Electron Exchange Limited, buy the company report.
GST
India Electron Exchange has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of India Electron Exchange Limited, buy the company report.
Recent activity
India Electron Exchange Limited has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Harry Dhaul ceased to be Director on 01 Sep 2023.
Frequently asked questions
India Electron Exchange is an active public limited company based in Goa, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 October 2003 (23+ years old) and is registered under CIN U31200GA2003PLC003309.
India Electron Exchange has 3 current directors:
- Remy Ramdas - Director
- Imran Makandar - Director
- Mikhail Harry Dhaul - Director
The latest financial statements of India Electron Exchange 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 2015 are in the company report.
No. India Electron Exchange has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of India Electron Exchange is U31200GA2003PLC003309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Electron Exchange has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the district courts.
India Electron Exchange was incorporated on 13 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Goa.
Harry Dhaul ceased to be Director on 01 Sep 2023. Imran Makandar was appointed as Director on 28 Jul 2023. Remy Ramdas was appointed as Director on 28 Jul 2023. India Electron Exchange has 8 board changes on record in total.
India Electron Exchange can be reached through the website indiaelectron.com. Its registered office is in Goa, India.
The registered office of India Electron Exchange is at Flat No. Gr 4 Ground Floor Building No. 4 Pod – III Aldeia De Goa University Rd. Bambo, Lim, Goa, India – 403206.
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