- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0028607

About I E C Air Tools Private Limited.
Data last updated:
I E C Air Tools Private Limited. is a private limited company based in Pune, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 12 May 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28939MH1972PTC015797. Its GSTIN is 27AAACI3915R1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.76 Lakh. It is led by directors Amarnath Shankar Mahashabde (Managing Director) and Vijay Parshuram Joglekar.
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 1145 Iec House Shivajinagar Off. F.C. Road, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.14 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹33.68 Lakh (net margin 3%) and EBITDA of ₹83.77 Lakh (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 9% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IEC AirTools. As per MCA filings, the company has open charges of ₹2.11 Cr and satisfied charges of ₹4.3 Cr on record. Court records list 20 cases involving the company, including 10 filed by the company and 10 filed against it; 4 cases are pending.
I E C Air Tools Private Limited. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0028607). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iecairtools.com.
Company details
Recognitions & Rankings of I E C Air Tools Private Limited
Contact details
I E C Air Tools Private Limited.'s registered office is in Pune, Maharashtra. Its website is iecairtools.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1145 Iec House Shivajinagar Off. F.C. Road, Pune, Maharashtra, India – 411016
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of I E C Air Tools 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
Brands
I E C Air Tools Private Limited operates one associated brand: IEC AirTools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying industrial pneumatic tools for fastening and automation solutions. | iecairtools.com |
Business activity
The main business activity of I E C Air Tools Private Limited 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 I E C Air Tools Private Limited., buy the company report.
Financials of I E C Air Tools Private Limited.
FY 2025 filings availableI E C Air Tools Private Limited. reported revenue of ₹11.14 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 5% growth in the latest year. EBITDA rose 15% 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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| EBITDA | ₹83.77 Lakh | ||||
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| Net Profit (PAT) | ₹33.68 Lakh | ||||
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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 | 7.5% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of I E C Air Tools Private Limited., buy the company report.
Board of directors of I E C Air Tools Private Limited.
I E C Air Tools Private Limited has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Parshuram Joglekar | Director | 25 Dec 2006 | 19 Years 10 Months | Current |
| Amarnath Shankar Mahashabde Also directs: Iec Dusterloh Pvt Ltd | Managing Director | 01 Dec 1995 | 30 Years 10 Months | Current |
Auditor
I E C Air Tools Private Limited. is audited by PATANKAR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATANKAR & ASSOCIATES | FY 2022 | 107628W |
Shareholding
The shareholding of I E C Air Tools Private Limited. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I E C Air Tools Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2008 | 10092773 | Others | ₹2.11 Cr | Open | |
| 02 Mar 2012 | 10341601 | Bank of Maharashtra | ₹12 Lakh | Satisfied | |
| 22 Sep 2011 | 10314878 | Bank of Maharashtra | ₹22 Lakh | Satisfied | |
| 20 Jan 2011 | 10264155 | Bank of Maharashtra | ₹45 Lakh | Satisfied | |
| 11 Aug 2006 | 10014473 | Bank of Maharashtra | ₹3 Lakh | Satisfied |
To see the full charge records of I E C Air Tools Private Limited., buy the company report.
Total charge records: 28 View all charges
Legal cases
I E C Air Tools Private Limited. has 20 court cases on record: 10 filed by I E C Air Tools Private Limited, 10 filed against it. 4 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 6 | 3 |
| District courts | 7 | 4 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (C.Appln.) | Filed by the company against Akshaya Special Machines Pvt.Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Akshaya Special Machines Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CAW) | Filed by the company against an individual | Pending |
To see the full case history of I E C Air Tools 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
I E C Air Tools Private Limited. has 8 MSME Form 1 returns on record between 2019 and 2023, listing 61 overdue payments to 18 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 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Vako Seals Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of I E C Air Tools Private Limited., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
I E C Air Tools Private Limited. has a workforce of 56 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
I E C Air Tools Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI3915R1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of I E C Air Tools Private Limited., buy the company report.
Recent activity
I E C Air Tools Private Limited. has 2 board changes on record since 1995: 2 appointments. The latest: Vijay Parshuram Joglekar was appointed as Director on 25 Dec 2006.
55 earlier events are in the company report.
Frequently asked questions
I E C Air Tools Private Limited is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 12 May 1972 (54+ years old) and is registered under CIN U28939MH1972PTC015797.
I E C Air Tools Private Limited has 2 current directors:
- Amarnath Shankar Mahashabde - Managing Director
- Vijay Parshuram Joglekar - Director
The latest financial statements of I E C Air Tools Private Limited 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 I E C Air Tools Private Limited is 27AAACI3915R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of I E C Air Tools Private Limited is U28939MH1972PTC015797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I E C Air Tools Private Limited has 20 court cases on record: 10 filed by the company and 10 filed against it. 4 are pending. Most are in the high courts.
I E C Air Tools Private Limited was incorporated on 12 May 1972, making it 54+ years old. It is registered with the Registrar of Companies, Pune.
Vijay Parshuram Joglekar was appointed as Director on 25 Dec 2006. Amarnath Shankar Mahashabde was appointed as Managing Director on 01 Dec 1995.
Yes, I E C Air Tools Private Limited is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0028607).
I E C Air Tools Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 61 overdue payments to 18 micro and small suppliers. The latest return was filed on 27 Aug 2023.
I E C Air Tools Private Limited can be reached through the website iecairtools.com. Its registered office is in Pune, Maharashtra, India.