- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-13-0010769

About Iag Automation Private Limited
Data last updated:
Iag Automation Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Cotmac Electronics Private Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74140PN1998PTC227242. Its GSTIN is 05AAACI6631G1ZV (Uttarakhand). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.33 Cr and a paid-up capital of ₹1.33 Cr. It is led by directors including Priyanka Arjun Sirur and Suman Shyam Sirur.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.9 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹15.22 Lakh (net margin 54.5%) and EBITDA of ₹23.43 Lakh (EBITDA margin 84%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 58% over five years.
As per MCA filings, the company has satisfied charges of ₹15.98 Cr on record. Court records list 21 cases involving the company, including 12 filed by the company and 9 filed against it; 1 case is pending.
Iag Automation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-13-0010769). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iagautomation.in.
Company details
CIN history
Iag Automation has one previous CIN (Corporate Identification Number): U74140CH1998PTC021147. The current CIN is U74140PN1998PTC227242, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140PN1998PTC227242 | Current |
| U74140CH1998PTC021147 | Previous |
Recognitions & Rankings of Iag Automation
Contact details
Iag Automation Private Limited's registered office is in Pune, Maharashtra. Its website is iagautomation.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS 168 S Block M. I. D. C., Bhosari, Pune, Maharashtra, India – 411026
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Iag Automation Private 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
Financials of Iag Automation Private Limited
FY 2025 filings availableIag Automation Private Limited reported revenue of ₹27.9 Lakh (down 90% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 90% fall in the latest year. EBITDA fell 9% 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 | ₹23.43 Lakh | ||||
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| Net Profit (PAT) | ₹15.22 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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| Profitability | |||||
| EBITDA Margin | 84% | ||||
| Net Profit Margin | 54.5% | ||||
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To see the full financial statements and ratios of Iag Automation Private Limited, buy the company report.
Board of directors of Iag Automation Private Limited
Iag Automation has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Arjun Sirur Also directs: Cotmac Electronics Private Limited, Softech Controls Private Limited, Cotmac Industrial Trading Private Limited and 1 more | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
| Suman Shyam Sirur Also directs: Mipro International Private Limited, Cotmac Private Limited, Cotmac Electronics Private Limited and 2 more | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
| Shyam Mohan Sirur Also directs: Mipro International Private Limited, Cotmac Private Limited, N A Sirur(Hubli)Private Limited and 5 more | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
| Arjun Shyam Sirur Also directs: Mipro International Private Limited, Cotmac Private Limited, Cotmac Precision Castings Private Limited and 5 more | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Iag Automation Private Limited is audited by JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & ASSOCIATES | FY 2023 | 01361N |
Shareholding
The shareholding of Iag Automation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iag Automation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2018 | 100202081 | Hdfc Bank Limited | ₹7 Cr | Satisfied | |
| 02 Jan 1999 | 90170938 | Hdfc Bank Limited | ₹8.98 Cr | Satisfied |
To see the full charge records of Iag Automation Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Iag Automation Private Limited has 21 court cases on record: 12 filed by Iag Automation, 9 filed against it. 1 case is pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 6 | 1 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1508MISC-Criminal Law : Negotiable Instruments Act, 1881(SLPs arising out of quashing applications, orders framing charge,summoning orders, interim orders in criminal matters withdrawal of prosecution, orders for further investigation/re-investigation, etc.)) | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against M/S Spray Engineering Devices Limited and 6 others | Disposed |
| District court, Ludhiana, Punjab | Court case (CRR) | Filed against the company by M/S Honey Spark Erosion Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Court case (COMI) | Filed against the company by Ms Honey Spark Erosion Pvt Ltd | Disposed |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed by the company against Honey Spark Erosion P Ltd | Disposed |
To see the full case history of Iag Automation 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 Iag Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iag Automation has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACI6631G1ZV | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACI6631G1ZT | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iag Automation Private Limited, buy the company report.
Recent activity
Iag Automation Private Limited has 11 board changes on record since 2012: 4 appointments and 7 cessations. The latest: Priyanka Arjun Sirur ceased to be Additional Director on 16 Sep 2021.
7 earlier events are in the company report.
Frequently asked questions
Iag Automation is an active private limited company based in Pune, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 March 1998 (28+ years old) and is registered under CIN U74140PN1998PTC227242.
Iag Automation has 4 current directors:
- Priyanka Arjun Sirur - Director
- Suman Shyam Sirur - Director
- Shyam Mohan Sirur - Director
- Arjun Shyam Sirur - Director
The latest financial statements of Iag Automation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iag Automation is 05AAACI6631G1ZV, registered in Uttarakhand. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAACI6631G1ZT (Haryana).
The CIN (Corporate Identification Number) of Iag Automation is U74140PN1998PTC227242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iag Automation has 21 court cases on record: 12 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Iag Automation was incorporated on 09 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Pune.
Priyanka Arjun Sirur ceased to be Additional Director on 16 Sep 2021. Pralhad Namdeorao Hage ceased to be Director on 26 Mar 2021. Priyanka Arjun Sirur was appointed as Director on 28 Dec 2020. Iag Automation has 11 board changes on record in total.
Yes, Iag Automation is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-13-0010769).
Iag Automation can be reached through the website iagautomation.in. Its registered office is in Pune, Maharashtra, India.

