About Ingka Centres India Private Limited
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Ingka Centres India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Ingka Centres India B.V.. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45309DL2018FTC341747. Its GSTIN is 09AAFCI0711E1Z1 (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹1,030 Cr. It is led by directors Murali Pallipuram Subramanian Krishna Iyer and Nivedeeta Moirangthem.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. 421 DLF Tower A Plot No. 10 Dda District Centre Jasola, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹16 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹71.7 Cr (net margin -448.1%) and EBITDA of -₹13.2 Cr (EBITDA margin -82.5%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 52% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ingka.ikea.com.
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- Registered AddressUnit No. 421 DLF Tower A Plot No. 10 Dda District Centre Jasola, New Delhi, Delhi, India – 110025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Ingka Centres India Private Limited FY 2024 filings available
Ingka Centres India Private Limited reported revenue of ₹16 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ingka Centres India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 21% growth in the latest year. EBITDA fell 40% 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 Ingka Centres 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 | -₹13.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹71.7 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 Ingka Centres India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -82.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -448.1% | •••• | •••• | •••• | •••• |
| 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 Ingka Centres India are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Ingka Centres India Private Limited
Ingka Centres India Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finetech Parkcon India Private Limited | ₹16.01 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Jaipur, Rajasthan, India |
| Sky-Heights Infra Space Private Limited | ₹16 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Ahmedabad, Gujarat, India |
| GMD Infratech Private Limited | ₹16 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Sparsh Farms Private Limited | ₹16 Cr (FY 2023) | •••• | •••• | •••• | Kanpur, Uttar Pradesh, India | |
| Hind Infraproject Private Limited | ₹16 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Ranchi, Jharkhand, India |
| Ingka Centres India Private Limited this company | ₹16 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Deep Sheetal Engineers Private Limited | ₹15.98 Cr (FY 2024) | •••• | •••• | 115.0% | •••• | Patna, Bihar, India |
| Gomdhari Projects Private Limited | ₹15.98 Cr (FY 2024) | •••• | •••• | 78.0% | •••• | Lucknow, Uttar Pradesh, India |
| Reis Magos Estate Private Limited | ₹15.96 Cr (FY 2024) | •••• | •••• | 497.0% | •••• | Caranzalem, Goa, India |
| Mahakali Developers and Resorts Private Limited | ₹15.95 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Punjab, India |
| Manirani Construction Private Limited | ₹15.95 Cr (FY 2023) | •••• | •••• | 104.0% | •••• | Teghra, Bihar, India |
Peers are the five companies nearest above and the five nearest below Ingka Centres India by revenue in the Real Estate industry (Builders and Developers), 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 Ingka Centres India Private Limited
Ingka Centres 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.
Board of Directors of Ingka Centres India Private Limited
Ingka Centres India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murali Pallipuram Subramanian Krishna Iyer | Director | 26 Sep 2022 | 4 Years 0 Months | Current |
| Nivedeeta Moirangthem Also directs: Ikea India Private Limited, Ikea Trading (India) Private Limited | Additional Director | 29 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Ingka Centres 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 Ingka Centres India Private Limited
Ingka Centres India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Ingka Centres India Private Limited
Ingka Centres India Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 10 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pacific International Moving Services | •••• | •••• | •••• |
| Dun & Bradstreet Information Services India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ingka Centres India Private Limited
Ingka Centres India Private Limited has a workforce of 26 employees as of Apr 05, 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 Ingka Centres India Private Limited
Ingka Centres India Private Limited has 9 board changes on record since 2020: 3 appointments and 6 cessations. The latest: Nivedeeta Moirangthem was appointed as Additional Director on 29 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Ingka Centres 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.
Subsidiaries & Group Companies of Ingka Centres 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 Ingka Centres India Private Limited
Ingka Centres India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCI0711E1Z1 | Uttar Pradesh | Active | 26 Jan 2020 |
| 06AAFCI0711E1Z7 | Haryana | Active | 01 Aug 2023 |
| 09AAFCI0711E2Z0 | Uttar Pradesh | Active | 21 Mar 2025 |
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 Ingka Centres 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.
Frequently Asked Questions about Ingka Centres India Private Limited
Ingka Centres India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 November 2018 (8+ years old) and is registered under CIN U45309DL2018FTC341747.
Ingka Centres India reported revenue of ₹16 Cr for FY 2025 (up 21% YoY).
Ingka Centres India has 2 current directors:
- Murali Pallipuram Subramanian Krishna Iyer - Director
- Nivedeeta Moirangthem - Additional Director
Ingka Centres India reported a net loss of ₹71.7 Cr (net margin -448.1%) and EBITDA of -₹13.2 Cr (EBITDA margin -82.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ingka Centres India is 39% over three years and 52% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ingka Centres India is 09AAFCI0711E1Z1, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAFCI0711E1Z7 (Haryana), 09AAFCI0711E2Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ingka Centres India is U45309DL2018FTC341747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ingka Centres India was incorporated on 13 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ingka Centres India by revenue are Finetech Parkcon India Private Limited, Sky-Heights Infra Space Private Limited, GMD Infratech Private Limited, Sparsh Farms Private Limited, Hind Infraproject Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Nivedeeta Moirangthem was appointed as Additional Director on 29 Aug 2025. Parineeta Cecil Lakra ceased to be Additional Director on 27 Sep 2022. Murali Pallipuram Subramanian Krishna Iyer was appointed as Director on 26 Sep 2022. Ingka Centres India has 9 board changes on record in total.
Ingka Centres India has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 10 overdue payments to 2 micro and small suppliers. The latest return was filed on 22 Nov 2023.
Ingka Centres India can be reached through the website ingka.ikea.com. Its registered office is in New Delhi, Delhi, India.