About I E C Air Tools Private Limited.
Data last updated:
I E C Air Tools Private Limited. is a private limited company based in Pune, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 12 May 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28939MH1972PTC015797. Its GSTIN is 27AAACI3915R1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.76 Lakh. It is led by directors Amarnath Shankar Mahashabde (Managing Director) and Vijay Parshuram Joglekar.
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 1145 Iec House Shivajinagar Off. F.C. Road, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.14 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹33.68 Lakh (net margin 3%) and EBITDA of ₹83.77 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IEC AirTools. As per MCA filings, the company has open charges of ₹2.11 Cr and satisfied charges of ₹4.3 Cr on record. Court records list 20 cases involving the company, including 10 filed by the company and 10 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iecairtools.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1145 Iec House Shivajinagar Off. F.C. Road, Pune, Maharashtra, India – 411016
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
- One PDF report, delivered after checkout
Business Activity of I E C Air Tools Private Limited.
The main business activity of I E C Air Tools Private Limited is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of I E C Air Tools Private Limited. FY 2025 filings available
I E C Air Tools Private Limited. reported revenue of ₹11.14 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of I E C Air Tools Private Limited.
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 5% growth in the latest year. EBITDA rose 15% 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 of I E C Air Tools Private Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | 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 | ₹83.77 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.68 Lakh | •••• | •••• | •••• | •••• |
| 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 of I E C Air Tools Private Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of I E C Air Tools Private Limited are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of I E C Air Tools Private Limited.
I E C Air Tools Private Limited. is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Renuka Advanced Systems Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad - 37., Telangana, India |
| DD Dharampal Metals Private Limited | •••• | •••• | •••• | •••• | - | Amritsar, Punjab, India |
| Perfect Products Private Limited | •••• | •••• | •••• | •••• | 17 | Aligarh, Uttar Pradesh, India |
| Fezco Fasteners Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Saurabh Tubes Pvt Ltd | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| I E C Air Tools Private Limited. this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Toolcomp Systems Private Limited | •••• | •••• | •••• | •••• | - | Bangalore., Karnataka, India |
| Enkay Gi Smith Engineering Private Limited | •••• | •••• | •••• | •••• | 20 | New Delhi, Delhi, India |
| Madhavaa Crafts Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Chime Performance Polymers Private Limited | •••• | •••• | •••• | •••• | 17 | Chennai, Tamil Nadu, India |
| Ravi Plast Mold Private Limited | •••• | •••• | •••• | •••• | 23 | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below I E C Air Tools Private Limited by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of I E C Air Tools Private Limited.
I E C Air Tools Private Limited. is audited by PATANKAR & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATANKAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of I E C Air Tools Private Limited.
I E C Air Tools Private Limited has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Parshuram Joglekar | Director | 25 Dec 2006 | 19 Years 9 Months | Current |
| Amarnath Shankar Mahashabde Also directs: Iec Dusterloh Pvt Ltd | Managing Director | 01 Dec 1995 | 30 Years 10 Months | Current |
Ownership and Shareholding of I E C Air Tools Private Limited.
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of I E C Air Tools Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2008 | Others | ₹2.11 Cr | Open |
| 02 Mar 2012 | Bank of Maharashtra | ₹12 Lakh | Satisfied |
| 22 Sep 2011 | Bank of Maharashtra | ₹22 Lakh | Satisfied |
| 20 Jan 2011 | Bank of Maharashtra | ₹45 Lakh | Satisfied |
| 11 Aug 2006 | Bank of Maharashtra | ₹3 Lakh | Satisfied |
Total charge records: 28 View all charges
Legal Cases of I E C Air Tools Private Limited.
I E C Air Tools Private Limited. has 20 court cases on record: 10 filed by I E C Air Tools Private Limited, 10 filed against it. 4 cases are pending and 16 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 6 | 3 |
| District courts | 7 | 4 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (C.Appln.) | Filed by the company against Akshaya Special Machines Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Akshaya Special Machines Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CAW) | Filed by the company against an individual | Pending |
Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by I E C Air Tools Private Limited.
I E C Air Tools Private Limited. has 8 MSME Form 1 returns on record between 2019 and 2023, listing 61 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Vako Seals Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with I E C Air Tools Private Limited.
I E C Air Tools Private Limited operates one associated brand: IEC AirTools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying industrial pneumatic tools for fastening and automation solutions. | iecairtools.com |
Employees and EPFO Compliance at I E C Air Tools Private Limited.
I E C Air Tools Private Limited. has a workforce of 56 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on I E C Air Tools Private Limited.
I E C Air Tools Private Limited. has 2 board changes on record since 1995: 2 appointments. The latest: Vijay Parshuram Joglekar was appointed as Director on 25 Dec 2006.
55 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for I E C Air Tools Private Limited.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of I E C Air Tools Private Limited.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of I E C Air Tools Private Limited.
I E C Air Tools Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI3915R1Z5 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of I E C Air Tools Private Limited.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about I E C Air Tools Private Limited.
I E C Air Tools Private Limited is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 12 May 1972 (54+ years old) and is registered under CIN U28939MH1972PTC015797.
I E C Air Tools Private Limited reported revenue of ₹11.14 Cr for FY 2025 (up 5% YoY).
I E C Air Tools Private Limited has 2 current directors:
- Amarnath Shankar Mahashabde - Managing Director
- Vijay Parshuram Joglekar - Director
I E C Air Tools Private Limited reported a net profit of ₹33.68 Lakh (net margin 3%) and EBITDA of ₹83.77 Lakh (EBITDA margin 7.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of I E C Air Tools Private Limited is 14% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of I E C Air Tools Private Limited is 27AAACI3915R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of I E C Air Tools Private Limited is U28939MH1972PTC015797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I E C Air Tools Private Limited has 20 court cases on record: 10 filed by the company and 10 filed against it. 4 are pending. Most are in the high courts.
I E C Air Tools Private Limited was incorporated on 12 May 1972, making it 54+ years old. It is registered with the Registrar of Companies, Pune.
The peers of I E C Air Tools Private Limited by revenue are Renuka Advanced Systems Private Limited, DD Dharampal Metals Private Limited, Perfect Products Private Limited, Fezco Fasteners Private Limited, Saurabh Tubes Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Vijay Parshuram Joglekar was appointed as Director on 25 Dec 2006. Amarnath Shankar Mahashabde was appointed as Managing Director on 01 Dec 1995.
I E C Air Tools Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 61 overdue payments to 18 micro and small suppliers. The latest return was filed on 27 Aug 2023.