MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0026131
Ibex Engineering Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹121.44 Cr
▲ 2% YoY
Net profit · FY 2025
₹41.66 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹27.3 Cr
EBITDA margin 22.5%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹33.39 Cr
Issued & subscribed
Open charges
₹136.56 Cr
Satisfied ₹60.8 Cr
Company age
25 yrs
Est. 2001
Directors on board
3
As per MCA filings
About Ibex Engineering Private Limited
Data last updated:
Ibex Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 28 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27310KA2001PTC028832. Its GSTIN is 29AAACI8365B1ZK (Karnataka).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹33.39 Cr. It is led by directors including Krishnaswamy Arni Gopalaswamy and Srikanth Gebikote Prabhakar.
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 #111/1 Somanahalli Village Uttarahalli Hobli, Bangalore, Karnataka, India – 560082.
As per the financials filed for FY 2025, the company reported a revenue of ₹121.44 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹41.66 Lakh (net margin 0.3%) and EBITDA of ₹27.3 Cr (EBITDA margin 22.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 34% over five years.
The company is associated with 2 brands: IBEXI and IBEX Engineering. As per MCA filings, the company has open charges of ₹136.56 Cr and satisfied charges of ₹60.8 Cr on record. Court records list 19 cases involving the company, including 14 filed by the company and 5 filed against it; 5 cases are pending. The company has 15 deals on record (7 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹24.78 Cr; the latest was in January 2025. Its 5 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Baroda Hi-Tech Alloys Private Limited with revenue of ₹124.75 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 151 overdue payments to 22 micro and small suppliers.
Ibex Engineering Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0026131). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibexengineering.com.
Company details
CIN U27310KA2001PTC028832
Registration Number 028832
Incorporation Date 28 March 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0026131
Key People
Krishnaswamy Arni Gopalaswamy Director Srikanth Gebikote Prabhakar Director Snehalatha Venkatesh Kulkarni Additional Director Recognitions & Rankings of Ibex Engineering
Contact details
Ibex Engineering Private Limited's registered office is in Bangalore, Karnataka. Its website is ibexengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#111/1 Somanahalli Village Uttarahalli Hobli, Bangalore, Karnataka, India – 560082
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Ibex Engineering Private Limited, buy the company report.
Comprehensive company report
Ibex Engineering 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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Brands
Ibex Engineering operates two associated brands: IBEXI and IBEX Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions and consulting are offered for insurance value chains. | ibexi.com | |
| Die casting equipment manufacturing services are provided by IBEX Engineering. | ibexengineering.com |
Business activity
The main business activity of Ibex Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ibex Engineering Private Limited, buy the company report.
Financials of Ibex Engineering Private Limited
FY 2025 filings availableIbex Engineering Private Limited reported revenue of ₹121.44 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹121.44 Cr ▲ 2%
Net profit · FY 2025
₹41.66 Lakh margin 0.3%
EBITDA · FY 2025
₹27.3 Cr margin 22.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 17%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 21%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 2% growth in the latest year. EBITDA rose 41% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹121.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.66 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.5% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ibex Engineering Private Limited, buy the company report.
Board of directors of Ibex Engineering Private Limited
Ibex Engineering has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnaswamy Arni Gopalaswamy Also directs: HCM Ibex Engineering Private Limited, Wildteal Enterprises LLP, Browndove Formulations Private Limited and 1 more | Director | 03 Feb 2006 | 20 Years 8 Months | Current |
| Srikanth Gebikote Prabhakar | Director | 28 Mar 2001 | 25 Years 6 Months | Current |
| Snehalatha Venkatesh Kulkarni | Additional Director | 03 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Ibex Engineering Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baroda Hi-Tech Alloys Private Limited | ₹124.75 Cr (FY 2025) | -6.0% | Vadodara, Gujarat, India | |||
| Govind Steel Co Ltd | ₹123.38 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Vel Castings Private Limited | ₹121.63 Cr (FY 2025) | 10.0% | Ranipet, Tamil Nadu, India | |||
| Ibex Engineering Private Limitedthis company | ₹121.44 Cr (FY 2025) | ₹41.66 Lakh | 0.3% | 2.0% | Bangalore, Karnataka, India | |
| Vijay Technnocrats Private Limited. | ₹120.2 Cr (FY 2025) | -12.0% | Nidige Post, Karnataka, India | |||
| Veeresha Castings Private Limited | ₹115.55 Cr (FY 2025) | 5.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Ibex Engineering Private Limited, buy the company report.
Shareholding
The shareholding of Ibex Engineering Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ibex Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹136.56 Cr
Satisfied charges
₹60.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2025 | 101221293 | Hdfc Bank Limited | ₹1.67 Cr | Open | |
| 14 Nov 2025 | 101202343 | Others | ₹2.96 Cr | Open | |
| 04 Jul 2025 | 101134890 | Others | ₹3.52 Cr | Open | |
| 28 Feb 2025 | 101053345 | State Bank of India | ₹20 Cr | Open | |
| 06 May 2024 | 100945628 | Hdfc Bank Limited | ₹15.94 Lakh | Open |
To see the full charge records of Ibex Engineering Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Ibex Engineering Private Limited has 15 deals on record (7 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹24.78 Cr; the latest was in January 2025.
Total deals
15
Secondary share transfers
7
Funding rounds
6
Rights issues
2
Disclosed funding
₹24.78 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2024 | Funding round | ₹15.75 Cr | Investors: an individual |
| Nov 2023 | Rights issue | ₹8.85 Cr | Investors: 4 individuals |
| May 2023 | Rights issue | ₹2.4 Cr | Investors: 2 individuals |
To see the full deal history of Ibex Engineering Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ibex Engineering Private Limited has 19 court cases on record: 14 filed by Ibex Engineering, 5 filed against it. 5 cases are pending and 14 are disposed.
Total cases
19
Filed by the company
14
Filed against the company
5
Pending
5
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 1 |
| High courts | 8 | 0 | 3 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 2 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Pan Office Systems Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
To see the full case history of Ibex Engineering 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.
Credit ratings & regulatory alerts
Ibex Engineering Private Limited was last rated by Icra on 11 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Jan 2021 |
To see the full credit ratings and regulatory alerts of Ibex Engineering Private Limited, buy the company report.
MSME payment delays
Ibex Engineering Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 151 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| N.R.Engineering Works | |||
| an individual supplier | |||
| Yadu Packaging Industries | |||
| Focus Engineering Solutions |
To see the full MSME payment records of Ibex Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ibex Engineering has 1 joint venture. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
1
Joint ventures
GST
Ibex Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI8365B1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ibex Engineering Private Limited, buy the company report.
Recent activity
Ibex Engineering Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Snehalatha Venkatesh Kulkarni was appointed as Additional Director on 03 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.67 Cr with Charge ID 101221293 was registered on 29 Nov 2025.
Charges
A charge with Others amounted to Rs. 2.96 Cr with Charge ID 101202343 was registered on 14 Nov 2025.
AGM
Ibex Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 20.00 Cr registered on 28 Feb 2025 with Charge ID 101053345 was modified on 18 Aug 2025.
Charges
A charge with Others amounted to Rs. 3.52 Cr with Charge ID 101134890 was registered on 04 Jul 2025.
Filing
Ibex Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Snehalatha Venkatesh Kulkarni was appointed as Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 101053345 was registered on 28 Feb 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 91.78 Cr registered on 22 Oct 2021 with Charge ID 100508990 was modified on 15 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100945628 was registered on 06 May 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 9.78 Cr with Charge ID 100927290 was registered on 20 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100914167 was registered on 22 Dec 2023.
35 earlier events are in the company report.
Frequently asked questions
Ibex Engineering is an active private limited company based in Bangalore, Karnataka, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 28 March 2001 (25+ years old) and is registered under CIN U27310KA2001PTC028832.
Ibex Engineering has 3 current directors:
- Krishnaswamy Arni Gopalaswamy - Director
- Srikanth Gebikote Prabhakar - Director
- Snehalatha Venkatesh Kulkarni - Additional Director
The latest financial statements of Ibex Engineering on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ibex Engineering is 29AAACI8365B1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Ibex Engineering is U27310KA2001PTC028832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibex Engineering has 19 court cases on record: 14 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Ibex Engineering was incorporated on 28 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Ibex Engineering has 15 deals on record (7 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹24.78 Cr; the latest was in January 2025.
The peers of Ibex Engineering by revenue are Baroda Hi-Tech Alloys Private Limited, Govind Steel Co Ltd, Vel Castings Private Limited, Vijay Technnocrats Private Limited, Veeresha Castings Private Limited, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Snehalatha Venkatesh Kulkarni was appointed as Additional Director on 03 Mar 2025. Melarkode Sundareswaran Radhakrishnan ceased to be Director on 18 Sep 2008. Vishnu Narain ceased to be Director on 16 Apr 2008. Ibex Engineering has 5 board changes on record in total.
Yes, Ibex Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0026131).
Ibex Engineering has 3 MSME Form 1 returns on record between 2019 and 2020, listing 151 overdue payments to 22 micro and small suppliers. The latest return was filed on 31 Dec 2020.