- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0214513

About Iwis Drive Systems India Private Limited
Data last updated:
Iwis Drive Systems India Private Limited is a foreign private limited company based in Pune, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 24 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2021FTC199801. Its GSTIN is 27AAGCI0827A1Z1 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Vikram Madhusudan Bhat and Kirange Lokesh Pandit.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sr. No. 84/1 Row House No. 3 Near Regency Cosmos, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.12 Cr. For the same year it recorded a net loss of ₹98,850 (net margin -0.9%) and EBITDA of -₹32,760 (EBITDA margin -0.3%).
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Iwis Drive Systems India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0214513). For more details, the company can be reached via its website iwis.com.
Company details
Recognitions & Rankings of Iwis Drive Systems India
Contact details
Iwis Drive Systems India Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Registered AddressSr. No. 84/1 Row House No. 3 Near Regency Cosmos, Pune, Maharashtra, India – 411045
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 Iwis Drive Systems India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Iwis Drive Systems India Private Limited, buy the company report.
Financials of Iwis Drive Systems India Private Limited
FY 2022 filings availableIwis Drive Systems India Private Limited reported revenue of ₹1.12 Cr for FY 2022.
Financial Statement Summary
| Metrics | 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 | -₹32,760 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹98,850 | |
| 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 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.3% | |
| Net Profit Margin | -0.9% | |
| 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 Iwis Drive Systems India Private Limited, buy the company report.
Board of directors of Iwis Drive Systems India Private Limited
Iwis Drive Systems India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirange Lokesh Pandit | Additional Director | 08 Jul 2025 | 1 Years 4 Months | Current |
| Abhijit Hari Potdar | Additional Director | 27 Apr 2022 | 4 Years 6 Months | Current |
| Vikram Madhusudan Bhat | Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Eric Schill | Additional Director | 22 Jul 2024 | 2 Years 3 Months | Current |
Legal cases
Iwis Drive Systems India Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Iwis Drive Systems India Private 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 Iwis Drive Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iwis Drive Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI0827A1Z1 | Maharashtra | Active | 25 Jun 2021 |
To see the full GST registrations and return filing status of Iwis Drive Systems India Private Limited, buy the company report.
Recent activity
Iwis Drive Systems India Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Kirange Lokesh Pandit was appointed as Additional Director on 08 Jul 2025.
Frequently asked questions
Iwis Drive Systems India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 24 March 2021 (5+ years old) and is registered under CIN U29309PN2021FTC199801.
Iwis Drive Systems India has 4 current directors:
- Kirange Lokesh Pandit - Additional Director
- Abhijit Hari Potdar - Additional Director
- Vikram Madhusudan Bhat - Director
- Eric Schill - Additional Director
The latest financial statements of Iwis Drive Systems India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Iwis Drive Systems India is 27AAGCI0827A1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iwis Drive Systems India is U29309PN2021FTC199801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iwis Drive Systems India has 2 court cases on record: 2 filed against it. 2 are pending.
Iwis Drive Systems India was incorporated on 24 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
Kirange Lokesh Pandit was appointed as Additional Director on 08 Jul 2025. Eric Schill was appointed as Additional Director on 22 Jul 2024. Niranjan Jagannath Damle ceased to be Director on 19 Jan 2024. Iwis Drive Systems India has 5 board changes on record in total.
Yes, Iwis Drive Systems India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0214513).
Iwis Drive Systems India can be reached through the website iwis.com. Its registered office is in Pune, Maharashtra, India.

