MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0037645
Iba Systems India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.84 Cr
▲ 34% YoY
Net profit · FY 2025
₹7.54 Cr
Net margin 22.3%
EBITDA · FY 2025
₹10.38 Cr
EBITDA margin 30.7%
Authorised capital
₹9.73 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Iba Systems India Private Limited
Data last updated:
Iba Systems India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 01 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2006PTC165929. Its GSTIN is 27AABCI6105J1ZO (Maharashtra).
The company has an authorised share capital of ₹9.73 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nirbhay Nitish Patel and Shraddha Nitish Patel.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.84 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹7.54 Cr (net margin 22.3%) and EBITDA of ₹10.38 Cr (EBITDA margin 30.7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 19% over five years.
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.
Iba Systems India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0037645). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iba-ag.com.
Company details
CIN U74140MH2006PTC165929
Registration Number 165929
Incorporation Date 01 December 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0037645
Recognitions & Rankings of Iba Systems India
Contact details
Iba Systems India Private Limited's registered office is in Mumbai, Maharashtra. Its website is iba-ag.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 501 5th Floor Dilkap Chambers Veera Desai Road Off Andheri Link Road, Andheri W, Mumbai, Maharashtra, India – 400053
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Iba Systems India Private Limited, buy the company report.
Comprehensive company report
Iba Systems 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 Iba Systems India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Iba Systems India Private Limited, buy the company report.
Financials of Iba Systems India Private Limited
FY 2024 filings availableIba Systems India Private Limited reported revenue of ₹33.84 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹33.84 Cr ▲ 34%
Net profit · FY 2025
₹7.54 Cr margin 22.3%
EBITDA · FY 2025
₹10.38 Cr margin 30.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 26%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 28%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 34% growth in the latest year. EBITDA rose 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.54 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.7% | ||||
| Net Profit Margin | 22.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Iba Systems India Private Limited, buy the company report.
Board of directors of Iba Systems India Private Limited
Iba Systems India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirbhay Nitish Patel Also directs: Arinben Exports Private Limited | Director | 19 Mar 2014 | 12 Years 7 Months | Current |
| Shraddha Nitish Patel | Director | 29 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Iba Systems India Private Limited is audited by SANTOSH CHANDE AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANTOSH CHANDE AND ASSOCIATES | FY 2023 | 126828W |
Shareholding
The shareholding of Iba Systems 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 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 Iba Systems India Private Limited, buy the company report.
Legal cases
Iba Systems India Private Limited has 6 court cases on record: 5 filed by Iba Systems India, 1 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against The State of Maharashtra | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Notice cases) | Filed by the company against an individual | Disposed |
| High Court, MAHARASHTRA | Court case (ABA) | Filed against the company by an individual | Disposed |
To see the full case history of Iba Systems India 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 Iba Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iba Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI6105J1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iba Systems India Private Limited, buy the company report.
Recent activity
Iba Systems India Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Mario Charles Norbert Gansen ceased to be Director on 21 Mar 2014.
AGM
Iba Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Iba Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Mario Charles Norbert Gansen ceased to be Director.
Appointed
Nirbhay Nitish Patel was appointed as Director.
Ceased
Gaurav Dhansukh Chandruva ceased to be Director.
Ceased
Gurumurthy Doraiswamy ceased to be Director.
Appointed
Shraddha Nitish Patel was appointed as Director.
Ceased
Ajay Tambe ceased to be Director.
Ceased
Sikta Ajay Tambe ceased to be Director.
Incorporation
01 Dec 2006
Iba Systems India Private Limited was registered on 01 Dec 2006 with Roc Mumbai & aged 19 years 11 months as per MCA records.
Frequently asked questions
Iba Systems India is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 01 December 2006 (20+ years old) and is registered under CIN U74140MH2006PTC165929.
Iba Systems India has 2 current directors:
- Nirbhay Nitish Patel - Director
- Shraddha Nitish Patel - Director
The latest financial statements of Iba Systems 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 Iba Systems India is 27AABCI6105J1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iba Systems India is U74140MH2006PTC165929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iba Systems India has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Iba Systems India was incorporated on 01 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Mario Charles Norbert Gansen ceased to be Director on 21 Mar 2014. Nirbhay Nitish Patel was appointed as Director on 19 Mar 2014. Gaurav Dhansukh Chandruva ceased to be Director on 29 Jul 2010. Iba Systems India has 7 board changes on record in total.
Yes, Iba Systems India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0037645).
Iba Systems India can be reached through the website iba-ag.com. Its registered office is in Mumbai, Maharashtra, India.
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