MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0060570
Ipetronik India Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.27 Cr
▲ 2% YoY
Net profit · FY 2025
₹1.68 Cr
Net margin 7.2%
EBITDA · FY 2025
₹3.31 Cr
EBITDA margin 14.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
65
Provident fund records
Directors on board
3
As per MCA filings
About Ipetronik India Private Limited
Data last updated:
Ipetronik India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the business support services segment of the business services sector. It was incorporated on 04 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018FTC116005. Its GSTIN is 29AAECI9765K1ZR (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Chandrasekar Kannan (Managing Director) and Dr Wassiou Olarewaju Sitou.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 20 Flat No. 603 Brigade Rubix 6th Floor Watch Factory Rd Yeshwantpur, Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.27 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 7.2%) and EBITDA of ₹3.31 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 14% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ipetronik.
Ipetronik India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060570). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ipetronik.com.
Company details
CIN U72900KA2018FTC116005
Registration Number 116005
Incorporation Date 04 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0060570
Key People
Chandrasekar Kannan Managing Director Dr Wassiou Olarewaju Sitou Director Andreas Wocke Director Recognitions & Rankings of Ipetronik India
Contact details
Ipetronik India Private Limited's registered office is in Bangalore, Karnataka. Its website is ipetronik.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 20 Flat No. 603 Brigade Rubix 6th Floor Watch Factory Rd Yeshwantpur, Bangalore, Karnataka, India – 560022
- IndustryBusiness Services, Business Support Services
To see the full contact details of Ipetronik India Private Limited, buy the company report.
Comprehensive company report
Ipetronik India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ipetronik India operates one associated brand: IPETRONIK. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile measurement products and equipment are developed by IPETRONIK. | ipetronik.com |
Business activity
The main business activities of Ipetronik India are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ipetronik India Private Limited, buy the company report.
Financials of Ipetronik India Private Limited
FY 2025 filings availableIpetronik India Private Limited reported revenue of ₹23.27 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹23.27 Cr ▲ 2%
Net profit · FY 2025
₹1.68 Cr margin 7.2%
EBITDA · FY 2025
₹3.31 Cr margin 14.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 30%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 14%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 2% growth in the latest year. EBITDA fell 17% 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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| Total Expenses | |||||
| EBITDA | ₹3.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.68 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ipetronik India Private Limited, buy the company report.
Board of directors of Ipetronik India Private Limited
Ipetronik India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dr Wassiou Olarewaju Sitou | Director | 13 Mar 2024 | 2 Years 7 Months | Current |
| Andreas Wocke | Director | 04 Sep 2018 | 8 Years 1 Months | Current |
| Chandrasekar Kannan | Managing Director | 04 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
Ipetronik India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Inditherma Private Limited | ₹23.27 Cr (FY 2024) | 1195.0% | Kolkata, West Bengal, India | |||
| Altus Engineering Solution Private Limited | ₹23.27 Cr (FY 2025) | 65.0% | Delhi, India | |||
| Sindhwani Agro Private Limited | ₹23.27 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Aeon Cereals Limited | ₹23.27 Cr (FY 2024) | 240.0% | Delhi, India | |||
| Chromachem India Private Limited | ₹23.27 Cr (FY 2025) | 4.0% | Erode, Tamil Nadu, India | |||
| Ipetronik India Private Limitedthis company | ₹23.27 Cr (FY 2025) | ₹1.68 Cr | 7.2% | 2.0% | 65 | Bangalore, Karnataka, India |
| Ar Recyclers Private Limited | ₹23.27 Cr (FY 2025) | 31508.0% | Delhi, India | |||
| Sukhna Plywood Private Limited | ₹23.27 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Virgo Resources & Trading Private Limited | ₹23.26 Cr (FY 2023) | -27.0% | Mumbai, Maharashtra, India | |||
| Ratan Impex Private Limited | ₹23.25 Cr (FY 2024) | 4.0% | Hyderabad, Telangana, India | |||
| Napaji Nuts and Foods India Private Limited | ₹23.25 Cr (FY 2025) | 1.0% | Bikaner, Rajasthan, India |
To see the full peer comparison of Ipetronik India Private Limited, buy the company report.
Auditor
Ipetronik India Private Limited is audited by Korlimarla & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Korlimarla & Associates | FY 2024 | 016446S |
Shareholding
The shareholding of Ipetronik India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Ipetronik India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ipetronik India 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
Ipetronik India Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 102 overdue payments to 12 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 (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Roedl & Partner Consulting Private Limited | |||
| Freight Express International Private Limited | |||
| Cangra Talents Private Limited | |||
| Transcal | |||
| an individual supplier |
To see the full MSME payment records of Ipetronik India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ipetronik India Private Limited has a workforce of 65 employees on its EPFO records as of Feb 06, 2025, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
Employee growth
1.56%
GST
Ipetronik India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI9765K1ZR | Karnataka | Active | 14 Jan 2019 |
To see the full GST registrations and return filing status of Ipetronik India Private Limited, buy the company report.
Recent activity
Ipetronik India Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Dr Wassiou Olarewaju Sitou ceased to be Additional Director on 24 Sep 2024.
AGM
Ipetronik India Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Ipetronik India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Dr Wassiou Olarewaju Sitou ceased to be Additional Director.
Appointed
Dr Wassiou Olarewaju Sitou was appointed as Director.
Ceased
Chandrasekar Kannan ceased to be Director.
Ceased
Christian Buchholz ceased to be Director.
Appointed
Andreas Wocke was appointed as Director.
Appointed
Chandrasekar Kannan was appointed as Managing Director.
Incorporation
04 Sep 2018
Ipetronik India Private Limited was registered on 04 Sep 2018 with Roc Bangalore & aged 8 years 1 month as per MCA records.
Frequently asked questions
Ipetronik India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 04 September 2018 (8+ years old) and is registered under CIN U72900KA2018FTC116005.
Ipetronik India has 3 current directors:
- Chandrasekar Kannan - Managing Director
- Dr Wassiou Olarewaju Sitou - Director
- Andreas Wocke - Director
The latest financial statements of Ipetronik India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ipetronik India is 29AAECI9765K1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Ipetronik India is U72900KA2018FTC116005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipetronik India was incorporated on 04 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ipetronik India by revenue are Inditherma Private Limited, Altus Engineering Solution Private Limited, Sindhwani Agro Private Limited, Aeon Cereals Limited, Chromachem India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Dr Wassiou Olarewaju Sitou ceased to be Additional Director on 24 Sep 2024. Dr Wassiou Olarewaju Sitou was appointed as Director on 13 Mar 2024. Chandrasekar Kannan ceased to be Director on 31 Dec 2023. Ipetronik India has 6 board changes on record in total.
Yes, Ipetronik India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0060570).
Ipetronik India has 8 MSME Form 1 returns on record between 2019 and 2024, listing 102 overdue payments to 12 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Ipetronik India can be reached through the website ipetronik.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ipetronik India is at No. 20 Flat No. 603 Brigade Rubix 6th Floor Watch Factory Rd Yeshwantpur, Bangalore, Karnataka, India – 560022.