Ian Electronics India Private Limited

Ian Electronics India Private Limited - engineering in Delhi, India. FY 2026 financials & compliance.
CIN U32201DL2002PTC114270 Incorporated 18 February 2002 ROC Delhi HQ Delhi, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2025
₹93.18 Lakh
▼ 72% YoY
Net loss · FY 2025
₹65.01 Lakh
Net margin -69.8%
EBITDA · FY 2025
-₹49.12 Lakh
EBITDA margin -52.7%
Authorised capital
₹1.31 Cr
Registered with MCA
Paid-up capital
₹1.31 Cr
Issued & subscribed
Company age
24 yrs
Est. 2002
Employees · EPFO
48
Provident fund records
Directors on board
2
As per MCA filings

About Ian Electronics India Private Limited

Data last updated:

Ian Electronics India Private Limited is a private limited company based in Delhi, India, a subsidiary of Ian Precision Co., Ltd. South Korea. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 18 February 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U32201DL2002PTC114270. Its GSTIN is 09AADCA3584F2ZN (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.31 Cr and a paid-up capital of ₹1.31 Cr. It was formerly known as Ajin Systems Private Limited. It is led by directors Sang Hyun Park (Managing Director) and Young Hoon Park.

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 A – 299 Basement Gd Colony Mayur Vihar Phase – 3, Delhi, India – 110096.

As per the financials filed for FY 2025, the company reported a revenue of ₹93.18 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹65.01 Lakh (net margin -69.8%) and EBITDA of -₹49.12 Lakh (EBITDA margin -52.7%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 18% over five years.

The company has about 48 employees on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U32201DL2002PTC114270
Registration Number 114270
Incorporation Date 18 February 2002
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ian Precision Co., Ltd. South Korea
Compliance Status Active Compliant

CIN history

Ian Electronics India has one previous CIN (Corporate Identification Number): U74999DL2002PTC114270. The current CIN is U32201DL2002PTC114270, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U32201DL2002PTC114270Current
U74999DL2002PTC114270Previous

Contact details

Ian Electronics India Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 299 Basement Gd Colony Mayur Vihar Phase – 3, Delhi, India – 110096
  • Industry
    Engineering, Industrial Maintenance & Repair Services

To see the full contact details of Ian Electronics India Private Limited, buy the company report.

Comprehensive company report
Ian Electronics India Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ian Electronics India is manufacturing. In detail, this covers other manufacturing.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing32Other manufacturing

To see the full business activity and turnover split of Ian Electronics India Private Limited, buy the company report.

Financials of Ian Electronics India Private Limited

FY 2024 filings available

Ian Electronics India Private Limited reported revenue of ₹93.18 Lakh (down 72% YoY) for FY 2025.

Revenue · FY 2025
₹93.18 Lakh ▼ 72%
Net loss · FY 2025
₹65.01 Lakh margin -69.8%
EBITDA · FY 2025
-₹49.12 Lakh margin -52.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 41%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 35%
5 years · compounded
▲ 26%

Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 72% fall in the latest year. EBITDA rose 29% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹49.12 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹65.01 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-52.7%
Net Profit Margin-69.8%
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 Ian Electronics India Private Limited, buy the company report.

Board of directors of Ian Electronics India Private Limited

Ian Electronics India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Young Hoon ParkDirector01 Sep 20179 Years 1 MonthsCurrent
Sang Hyun ParkManaging Director28 Oct 201510 Years 11 MonthsCurrent

Auditor

Ian Electronics India Private Limited is audited by VA Mehta & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VA Mehta & Associates LLPFY 2023N500047

Shareholding

The shareholding of Ian Electronics India 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ian Electronics India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ian Electronics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ian Electronics India Private Limited has a workforce of 48 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
48
Active EPFO establishments
1
Employee growth
17.07%

GST

Ian Electronics India has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
09AADCA3584F2ZNUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Ian Electronics India Private Limited, buy the company report.

Recent activity

Ian Electronics India Private Limited has 11 board changes on record since 2011: 2 appointments and 9 cessations. The latest: Jin Yeob Lee ceased to be Director on 22 Jan 2018.

AGM
Ian Electronics India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ian Electronics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Jin Yeob Lee ceased to be Director.
Appointed
Young Hoon Park was appointed as Director.
Ceased
Choongshik Lee ceased to be Director.
Ceased
Joongseok Kim ceased to be Managing Director.
Ceased
Keun Young Lee ceased to be Director.
Ceased
Sang Hyun Park ceased to be Additional Director.
Appointed
Sang Hyun Park was appointed as Managing Director.
Ceased
Wei Kyun Lee ceased to be Director.
Ceased
Cheol Kyu Kang ceased to be Additional Director.
Ceased
Hye Ryung Jang ceased to be Additional Director.

2 earlier events are in the company report.

Frequently asked questions

Ian Electronics India is an active private limited company based in Delhi, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 18 February 2002 (24+ years old) and is registered under CIN U32201DL2002PTC114270.

Ian Electronics India has 2 current directors:

The latest financial statements of Ian Electronics India 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 Ian Electronics India is 09AADCA3584F2ZN, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Ian Electronics India is U32201DL2002PTC114270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ian Electronics India has 1 court case on record: 1 filed against it.

Ian Electronics India was incorporated on 18 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.

Jin Yeob Lee ceased to be Director on 22 Jan 2018. Young Hoon Park was appointed as Director on 01 Sep 2017. Choongshik Lee ceased to be Director on 07 Sep 2016. Ian Electronics India has 11 board changes on record in total.

The registered office of Ian Electronics India is at A – 299 Basement Gd Colony Mayur Vihar Phase – 3, Delhi, India – 110096.

Ian Electronics India operates in the engineering industry, in the industrial maintenance and repair services segment.