About Ibexkayenn Private Limited
Data last updated:
Ibexkayenn Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 April 1997.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31907KA1997PTC022090. Its GSTIN is 29AAACI5837J1Z8 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.6 Lakh. It was formerly known as Ibex Gallagher Private Limited. It is led by directors Vishnu Narain (Managing Director) and Shobha Krishna Narain.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at # 36/1 Subbaramachetty Road Basavangudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.62 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹6,371 (net margin 0%) and EBITDA of ₹1.13 Cr (EBITDA margin 13.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 13% over five years.
The company has about 20 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹10.68 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 47 cases involving the company, including 29 filed by the company and 18 filed against it.
The last known website on record is ibexkayenn-private-limited.business.site.
Company details
Contact details
Ibexkayenn Private Limited's registered office is in Bangalore, Karnataka. Its website is ibexkayenn-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address# 36/1 Subbaramachetty Road Basavangudi, Bangalore, Karnataka, India – 560004
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Ibexkayenn 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
Business activity
The main business activity of Ibexkayenn is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Ibexkayenn Private Limited, buy the company report.
Financials of Ibexkayenn Private Limited
FY 2021 filings availableIbexkayenn Private Limited reported revenue of ₹8.62 Cr (down 13% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 13% fall in the latest year. EBITDA fell 13% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.62 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6,371 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ibexkayenn Private Limited, buy the company report.
Board of directors of Ibexkayenn Private Limited
Ibexkayenn has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Narain | Managing Director | 07 Apr 1997 | 29 Years 6 Months | As last reported |
| Shobha Krishna Narain Also directs: Kayenn Integrated Solutions Private Limited | Director | 11 Sep 2018 | 8 Years 1 Months | As last reported |
Auditor
Ibexkayenn Private Limited is audited by VINAY & KESHAVA LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY & KESHAVA LLP | FY 2021 | 005586S/S200008 |
Shareholding
The shareholding of Ibexkayenn Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ibexkayenn Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2018 | 100228673 | Others | ₹2.08 Cr | Open | |
| 30 Mar 2005 | 80062435 | Others | ₹7.5 Cr | Open | |
| 03 Jan 2000 | 90197665 | Karnataka Bank Ltd | ₹45 Lakh | Open | |
| 08 Aug 1998 | 90197409 | The Karnataka Bank Ltd | ₹65 Lakh | Open | |
| 03 Jun 2010 | 10233983 | The Karnataka Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Ibexkayenn Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ibexkayenn Private Limited has 47 court cases on record: 29 filed by Ibexkayenn, 18 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 9 | 0 |
| High courts | 16 | 8 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Unity Automation Solutions Ltd | Disposed |
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed against the company by individuals | Disposed |
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
| District court, kachchh at Bhuj, Gujarat | Commercial matter | Filed against the company | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Ibexkayenn 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 Ibexkayenn Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ibexkayenn has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kayenn Integrated Solutions Private Limited | U74920KA2012PTC064332 |
To see the full group structure of Ibexkayenn Private Limited, buy the company report.
Employees & EPFO
Ibexkayenn Private Limited has a workforce of 20 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Ibexkayenn has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI5837J1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ibexkayenn Private Limited, buy the company report.
Recent activity
Ibexkayenn Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Shobha Krishna Narain ceased to be Additional Director on 28 Sep 2018.
12 earlier events are in the company report.
Frequently asked questions
Ibexkayenn is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ibexkayenn is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 April 1997 and is registered under CIN U31907KA1997PTC022090. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ibexkayenn has 2 current directors:
- Vishnu Narain - Managing Director
- Shobha Krishna Narain - Director
The latest financial statements of Ibexkayenn on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ibexkayenn is U31907KA1997PTC022090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibexkayenn has open charges of ₹10.68 Cr and satisfied charges of ₹1.5 Cr as per latest MCA filings.
Ibexkayenn has 47 court cases on record: 29 filed by the company and 18 filed against it. Most are in the district courts.
Ibexkayenn was incorporated on 07 April 1997. It is registered with the Registrar of Companies, Bangalore.
Shobha Krishna Narain ceased to be Additional Director on 28 Sep 2018. Mridula Vishnu ceased to be Director on 12 Sep 2018. Shobha Krishna Narain was appointed as Director on 11 Sep 2018. Ibexkayenn has 4 board changes on record in total.
Ibexkayenn can be reached through the website ibexkayenn-private-limited.business.site. Its registered office is in Bangalore, Karnataka, India.
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