About Iacharya Silicon Limited
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Iacharya Silicon Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24231TN2008PLC069388. Its GSTIN is 33AABCI9787N1ZT (Tamil Nadu).
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹4.03 Cr. It is led by directors including Ramadurai Balasubramanian and Uma Ramakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Old No.39 – B New No 48 – B Thirumurugan Flats V Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.71 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹9.82 Lakh (net margin -25.4%) and EBITDA of -₹7.06 Lakh (EBITDA margin -18.2%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 37% over five years.
The company is associated with 1 brand: Iacharya Silicon. As per MCA filings, the company has open charges of ₹2.75 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iacharya.com.
Company details
Contact details
Iacharya Silicon Limited's registered office is in Chennai, Tamil Nadu. Its website is iacharya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOld No.39 – B New No 48 – B Thirumurugan Flats V Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Iacharya Silicon Limited, 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
Brands
Iacharya Silicon operates one associated brand: Iacharya Silicon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar energy products, services, training, and consultancy in India. | iacharya.com |
Business activity
The main business activity of Iacharya Silicon is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Iacharya Silicon Limited, buy the company report.
Financials of Iacharya Silicon Limited
FY 2024 filings availableIacharya Silicon Limited reported revenue of ₹38.71 Lakh (down 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 66% fall in the latest year. EBITDA fell 109% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹7.06 Lakh | ||||
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| Net Profit (PAT) | -₹9.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -18.2% | ||||
| Net Profit Margin | -25.4% | ||||
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To see the full financial statements and ratios of Iacharya Silicon Limited, buy the company report.
Board of directors of Iacharya Silicon Limited
Iacharya Silicon has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramadurai Balasubramanian | Director | 15 Apr 2015 | 11 Years 6 Months | Current |
| Uma Ramakrishnan Also directs: Pentafour Solec Technology Limited, Pentafour Products Limited | Director | 24 Sep 2008 | 18 Years 1 Months | Current |
| Ramakrishnan Karthik Also directs: Pentafour Solec Technology Limited | Director | 24 Sep 2008 | 18 Years 1 Months | Current |
Shareholding
The shareholding of Iacharya Silicon Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Iacharya Silicon Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2014 | 10522787 | Kotak Mahindra Bank Limited | ₹2.75 Cr | Open |
To see the full charge records of Iacharya Silicon Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Iacharya Silicon Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Shri Ram City Union Finance Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ivl Finance Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Shri Ram City Union Finance Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Consumer Finance Ltd | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by New Growth Credit Pvt.Ltd. | Disposed |
To see the full case history of Iacharya Silicon 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 Iacharya Silicon Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iacharya Silicon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI9787N1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iacharya Silicon Limited, buy the company report.
Recent activity
Iacharya Silicon Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Ramadurai Balasubramanian was appointed as Director on 15 Apr 2015.
Frequently asked questions
Iacharya Silicon is an active public limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 September 2008 (18+ years old) and is registered under CIN U24231TN2008PLC069388.
Iacharya Silicon has 3 current directors:
- Ramadurai Balasubramanian - Director
- Uma Ramakrishnan - Director
- Ramakrishnan Karthik - Director
The latest financial statements of Iacharya Silicon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Iacharya Silicon is 33AABCI9787N1ZT, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Iacharya Silicon is U24231TN2008PLC069388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iacharya Silicon has 5 court cases on record: 5 filed against it.
Iacharya Silicon was incorporated on 24 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Ramadurai Balasubramanian was appointed as Director on 15 Apr 2015. Ramaseshan ceased to be Director on 15 Apr 2015. Ramakrishnan Karthik was appointed as Director on 24 Sep 2008. Iacharya Silicon has 4 board changes on record in total.
Iacharya Silicon can be reached through the website iacharya.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Iacharya Silicon is at Old No.39 – B New No 48 – B Thirumurugan Flats V Cross Street Trustpuram Kodambakkam, Chennai, Tamil Nadu, India – 600024.
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