Ion Foundation
About Ion Foundation
Data last updated:
Ion Foundation is a private not for profit company based in Mumbai, Maharashtra, India. It operates in the educational support services segment of the education and learning sector. It was incorporated on 06 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2010NPL199791.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nirupa Vijay Bhanger and Uma Gopal Ranganathan.
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 Ion House Dr E Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.72 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹10,511 (net margin 0%) and EBITDA of ₹10,511 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ion Foundation's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIon House Dr E Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011
- IndustryEducation & Learing, Educational Support Services
To see the full contact details of Ion Foundation, 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
Financials of Ion Foundation
FY 2025 filings availableIon Foundation reported revenue of ₹4.72 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 14% growth in the latest year. EBITDA fell 39% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10,511 | ||||
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| Net Profit (PAT) | ₹10,511 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Ion Foundation, buy the company report.
Board of directors of Ion Foundation
Ion Foundation has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirupa Vijay Bhanger | Director | 27 Sep 2012 | 14 Years 1 Months | Current |
| Uma Gopal Ranganathan | Director | 27 Sep 2012 | 14 Years 1 Months | Current |
| Aruna Rajesh Sharma Also directs: Bombay Villa LLP | Director | 27 Sep 2012 | 14 Years 1 Months | Current |
| Rajesh Chandrabhan Sharma Also directs: Ion Exchange (India) Limited, Ion Exchange Enviro Farms Limited, Aqua Investments (India) Limited and 4 more | Director | 06 Feb 2010 | 16 Years 9 Months | Current |
Auditor
Ion Foundation is audited by SUDHIR KARAMBELKAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHIR KARAMBELKAR & CO. | FY 2017 | 117661W |
Shareholding
The shareholding of Ion Foundation is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ion Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Ion Foundation 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 Ion Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ion Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ion Foundation has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Suresh Shripad Hemmady ceased to be Director on 09 Jul 2017.
Frequently asked questions
Ion Foundation is an active private not for profit company based in Mumbai, Maharashtra, India. The company works in educational support services, within the education and learning industry. It was incorporated on 06 February 2010 (16+ years old) and is registered under CIN U93000MH2010NPL199791.
Ion Foundation has 4 current directors:
- Nirupa Vijay Bhanger - Director
- Uma Gopal Ranganathan - Director
- Aruna Rajesh Sharma - Director
- Rajesh Chandrabhan Sharma - Director
The latest financial statements of Ion Foundation 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.
The CIN (Corporate Identification Number) of Ion Foundation is U93000MH2010NPL199791. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ion Foundation was incorporated on 06 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Suresh Shripad Hemmady ceased to be Director on 09 Jul 2017. Vijay Narhar Gupchup ceased to be Director on 27 Mar 2014. Gopal Shankar Ranganathan ceased to be Director on 18 Mar 2013. Ion Foundation has 7 board changes on record in total.
The registered office of Ion Foundation is at Ion House Dr E Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011.
Ion Foundation operates in the education and learning industry, in the educational support services segment.
The compliance status of Ion Foundation is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
Ion Foundation can be reached at its registered office: Ion House Dr E Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011.
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