
About Innovative Precision Castings Private Limited
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Innovative Precision Castings Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 09 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U27109TN2019PTC131972. Its GSTIN is 33AAFCI4303L1ZR (Tamil Nadu).
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹2.7 Cr. It is led by directors Vengili Thandapani Mahalakshmi and Vitalasan Karthikeyan.
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 Shed No. 351/1 Moorthy Industrial Estate Thiruvalluvar Salai. North Malayambakkam, Chennai, Tamil Nadu, India – 600123.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.83 Cr, reflecting significant growth compared to the previous year. For the same year it recorded EBITDA of ₹40.44 Lakh (EBITDA margin 14.3%).
Innovative Precision Castings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0030618). For more details, the company can be reached via its website ipc-pl.com.
Company details
Recognitions & Rankings of Innovative Precision Castings
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0030618
Contact details
Innovative Precision Castings Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ipc-pl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No. 351/1 Moorthy Industrial Estate Thiruvalluvar Salai. North Malayambakkam, Chennai, Tamil Nadu, India – 600123
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Innovative Precision Castings 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 Innovative Precision Castings is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Innovative Precision Castings Private Limited, buy the company report.
Financials of Innovative Precision Castings Private Limited
FY 2025 filings availableInnovative Precision Castings Private Limited reported revenue of ₹2.83 Cr (up 253% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 253% in the latest year. EBITDA fell 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
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| EBITDA | ₹40.44 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 | 14.3% | ||||
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To see the full financial statements and ratios of Innovative Precision Castings Private Limited, buy the company report.
Board of directors of Innovative Precision Castings Private Limited
Innovative Precision Castings has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vengili Thandapani Mahalakshmi | Director | 09 Oct 2019 | 7 Years 0 Months | Current |
| Vitalasan Karthikeyan | Additional Director | 30 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Innovative Precision Castings Private Limited is audited by M.V. RAGHAVAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.V. RAGHAVAN | FY 2023 | 024300 |
Shareholding
The shareholding of Innovative Precision Castings Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innovative Precision Castings Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Precision Castings 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 Innovative Precision Castings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Precision Castings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCI4303L1ZR | Tamil Nadu | Active | 26 Mar 2021 |
To see the full GST registrations and return filing status of Innovative Precision Castings Private Limited, buy the company report.
Recent activity
Innovative Precision Castings Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Vitalasan Karthikeyan was appointed as Additional Director on 30 Jan 2026.
Frequently asked questions
Innovative Precision Castings is an active private limited company based in Chennai, Tamil Nadu, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 09 October 2019 (7+ years old) and is registered under CIN U27109TN2019PTC131972.
Innovative Precision Castings has 2 current directors:
- Vengili Thandapani Mahalakshmi - Director
- Vitalasan Karthikeyan - Additional Director
The latest financial statements of Innovative Precision Castings 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 Innovative Precision Castings is 33AAFCI4303L1ZR, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Innovative Precision Castings is U27109TN2019PTC131972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Precision Castings was incorporated on 09 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Vitalasan Karthikeyan was appointed as Additional Director on 30 Jan 2026. Suriyanti Binte Yahya ceased to be Additional Director on 30 Nov 2021. Suriyanti Binte Yahya was appointed as Director on 28 Jul 2021. Innovative Precision Castings has 6 board changes on record in total.
Yes, Innovative Precision Castings is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innovative Precision Castings is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0030618).
Innovative Precision Castings can be reached through the website ipc-pl.com. Its registered office is in Chennai, Tamil Nadu, India.

