About iRISE
iRISE is an Industrial Goods & Manufacturing company based in Mumbai (India) founded in 2005. It offers equipment rental, sales, and training for construction and mining industries. It operates on a B2B and D2C model. The company has 384 employees. Its Indian entity Irise India Private Limited reported revenue of ₹310 Cr. iRISE offers products and services including Aerial Work Platforms, Cranes, Heavy Transport Equipment, Excavators, and Generators. Its focus areas include Industrial, Construction, Equipment Rental and Aerial Lifts.
Company details
iRISE is a diversified company focused on construction, mining, and equipment rental services. It delivers high-quality solutions using modern technology and a professional team to meet client needs. Based primarily in Mumbai, India, it serves various sectors with offerings like aerial work platforms and heavy transport equipment, ensuring safe and efficient operations for industrial clients.
- Headquarters Mumbai, India
- Employees 384
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website iriseindia.com
- Social LinkedIn Instagram
- Legal Name Irise India Private Limited
- Date of Incorporation 09 Sep, 2004
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹310 Cr
FY 2025
- Net Profit₹56.48 Cr
FY 2025 · 18% margin
- EBITDA₹100 Cr
FY 2025 · 32% margin
- Employee Count384
Associated legal entities of iRISE
iRISE operates through Irise India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Irise India Private Limited CIN U63000MH2004PTC148464 | Active | 09 Sep 2004 | Mumbai, Maharashtra | ₹310 Cr | 384 | 3 | View details |
Products & Services of iRISE
iRISE offers a comprehensive portfolio of products and services, including Aerial Work Platforms, Cranes, Heavy Transport Equipment, Excavators, and Generators.
Machinery for safe access to elevated work areas
Devices for lifting and moving heavy loads
Tools for shifting large and heavy items
Machines for digging and earth relocation
Equipment for electrical power generation
Board of directors of Irise India Private Limited (iRISE)
Irise India Private Limited is the primary company behind iRISE. The board of Irise India Private Limited currently have 3 directors; the longest-serving is Mohit Narendra Madan, appointed in 2004. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohit Narendra Madan DIN 00943417 | Managing Director | 09 Sep 2004 | 22 yrs 1 mo | Irise India Private Limited |
| Vicky Murlidhar Fatnani DIN 09733230 | Whole-time director | 19 Sep 2022 | 4 yrs 1 mo | Irise India Private Limited |
| Padma Vinod Betai DIN 00937921 | Director | 14 Oct 2023 | 3 yrs | Irise India Private Limited |
People of iRISE
5 people are tracked at iRISE (4 in leadership, 1 in team); the tracked headcount is 384.
| Name | Role | Group |
|---|---|---|
Luke Ellison | Group Operations Director | Leadership |
| Managing Director | Leadership | |
| Director | Leadership | |
Aniket Shahadani | Technical Head - AWP Division | Leadership |
Ruchi Yadav | Assistant Manager Human Resources | Team |
Complete people profiles for iRISE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of iRISE
Figures of Irise India Private Limited, the primary company behind iRISE, for FY 2025. Revenue was ₹310 Cr. Net profit was ₹56.48 Cr (18% margin). EBITDA was ₹100 Cr (32% margin).
- ₹310 CrRevenue · FY 2025
- ₹56.48 CrNet profit · 18% margin
- ₹100 CrEBITDA · 32% margin
- ₹9.00 CrPaid-up capital
- 384Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Irise India Private Limited are on its company page.
Detailed financial statements for iRISE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about iRISE
iRISE was founded in 2005.
iRISE is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
iRISE has 384 employees.
The primary company behind iRISE, Irise India Private Limited, reported revenue of ₹310 Cr for FY 2025.
iRISE is a diversified company focused on construction, mining, and equipment rental services. It delivers high-quality solutions using modern technology and a professional team to meet client needs. Based primarily in Mumbai, India, it serves various sectors with offerings like aerial work platforms and heavy transport equipment, ensuring safe and efficient operations for industrial clients.
iRISE offers Aerial Work Platforms, Cranes, Heavy Transport Equipment, Excavators, and Generators.
iRISE operates through Irise India Private Limited.
The legal entities of iRISE currently have 3 directors, including Vicky Murlidhar Fatnani, Mohit Narendra Madan, Padma Vinod Betai.