MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0055047
Ieec Power Electronics Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.15 Cr
▲ 14% YoY
Net profit · FY 2024
₹3.19 Cr
Net margin 15.1%
EBITDA · FY 2024
₹4.55 Cr
EBITDA margin 21.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹13.86 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Satisfied ₹1.73 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
58
Provident fund records
About Ieec Power Electronics Private Limited
Data last updated:
Ieec Power Electronics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 23 October 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32108MH1972PTC016080. Its GSTIN is 27AAACP2508H1ZO (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13.86 Lakh. It was formerly known as Pbj Industrial Electronics Private Limited. It is led by directors including Anant Gajanan Deshpande (Whole-Time Director) and Vishwas Jaywant Varde (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 72 Bcd Government Industrial Estate Charkop Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.15 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.19 Cr (net margin 15.1%) and EBITDA of ₹4.55 Cr (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IEEC. As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹1.73 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
Ieec Power Electronics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0055047). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ieecpe.com.
Company details
CIN U32108MH1972PTC016080
Registration Number 016080
Incorporation Date 23 October 1972
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0055047
Key People
Anant Gajanan Deshpande Whole-Time Director Vishwas Jaywant Varde Whole-Time Director Rohit Anant Deshpande Whole-Time Director Recognitions & Rankings of Ieec Power Electronics
Contact details
Ieec Power Electronics Private Limited's registered office is in Mumbai, Maharashtra. Its website is ieecpe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address72 Bcd Government Industrial Estate Charkop Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Ieec Power Electronics Private Limited, buy the company report.
Comprehensive company report
Ieec Power Electronics 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
Ieec Power Electronics operates one associated brand: IEEC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures surface treatment equipment for printing and packaging industries. | ieecpe.com |
Business activity
The main business activity of Ieec Power Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Ieec Power Electronics Private Limited, buy the company report.
Financials of Ieec Power Electronics Private Limited
FY 2024 filings availableIeec Power Electronics Private Limited reported revenue of ₹21.15 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹21.15 Cr ▲ 14%
Net profit · FY 2024
₹3.19 Cr margin 15.1%
EBITDA · FY 2024
₹4.55 Cr margin 21.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 9%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 14% growth in the latest year. EBITDA rose 28% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹4.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.19 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | 15.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ieec Power Electronics Private Limited, buy the company report.
Board of directors of Ieec Power Electronics Private Limited
Ieec Power Electronics has 4 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 |
|---|---|---|---|---|
| Trupti Keyur Shah | Director | 06 Dec 2005 | 20 Years 10 Months | Current |
| Anant Gajanan Deshpande | Whole-Time Director | 29 Dec 2001 | 24 Years 9 Months | Current |
| Vishwas Jaywant Varde Also directs: Manpower Professionals Services LLP, Ieec Research and Design LLP, Liberty Chemicals Private Limited and 5 more | Whole-Time Director | 29 Dec 2001 | 24 Years 9 Months | Current |
| Rohit Anant Deshpande Also directs: Ieec Research and Design LLP, Lora Tradex Private Limited | Whole-Time Director | 06 Dec 2005 | 20 Years 10 Months | Current |
Auditor
Ieec Power Electronics Private Limited is audited by Vinay D Mulye for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vinay D Mulye | FY 2022 | 044756 |
Shareholding
The shareholding of Ieec Power Electronics Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ieec Power Electronics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Lakh
Satisfied charges
₹1.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2010 | 10232862 | The Saraswat Co-Operative Bank Ltd | ₹15 Lakh | Open | |
| 25 Nov 2004 | 90187108 | The Saraswat Co.Operative Bank Ltd. | ₹10 Lakh | Satisfied | |
| 25 Apr 2003 | 90187935 | The Saraswat Cooperative Bank Ltd | ₹20 Lakh | Satisfied | |
| 30 Dec 2002 | 90186972 | The Saraswat Co.Operative Bank Ltd. | ₹25 Lakh | Satisfied | |
| 22 Jul 1998 | 90186597 | The Saraswat Co.Operative Bank Ltd. | ₹4 Lakh | Satisfied |
To see the full charge records of Ieec Power Electronics Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Ieec Power Electronics Private Limited has 6 court cases on record: 1 filed by Ieec Power Electronics, 5 filed against it. All cases are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Ms Associated Plasmatron Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by Associated Plasmatron Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Associated Plasmatron Private Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against The Officila Liquidator of Brimco Plastic Machinery Pvt Ltd | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -9 ,Mumbai | Disposed |
To see the full case history of Ieec Power Electronics 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
Ieec Power Electronics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Smisen Controls Private Limited | |||
| Arihant Electricals | |||
| an individual supplier |
To see the full MSME payment records of Ieec Power Electronics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ieec Power Electronics has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Ieec Power Electronics Private Limited has a workforce of 58 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
-10.77%
GST
Ieec Power Electronics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP2508H1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ieec Power Electronics Private Limited, buy the company report.
Recent activity
Ieec Power Electronics Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Trupti Keyur Shah ceased to be Whole-Time Director on 30 Apr 2024.
AGM
Ieec Power Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Trupti Keyur Shah ceased to be Whole-Time Director.
Filing
Ieec Power Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 25 Nov 2004 via Charge ID 90187108 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 25 Apr 2003 via Charge ID 90187935 with The Saraswat Cooperative Bank Ltd was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 30 Dec 2002 via Charge ID 90186972 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 22 Jul 1998 via Charge ID 90186597 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 18 Aug 1994 via Charge ID 90183995 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 08 May 1982 via Charge ID 90184689 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 04 Oct 1979 via Charge ID 90184507 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 25 Jul 1978 via Charge ID 90184447 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
Charges
A charge registered on 22 May 1973 via Charge ID 90184291 with The Saraswat Co.Operative Bank Ltd. was fully satisfied on 21 Oct 2021.
21 earlier events are in the company report.
Frequently asked questions
Ieec Power Electronics is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 23 October 1972 (54+ years old) and is registered under CIN U32108MH1972PTC016080.
Ieec Power Electronics has 4 current directors:
- Anant Gajanan Deshpande - Whole-Time Director
- Vishwas Jaywant Varde - Whole-Time Director
- Rohit Anant Deshpande - Whole-Time Director
- Trupti Keyur Shah - Director
The latest financial statements of Ieec Power Electronics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ieec Power Electronics is 27AAACP2508H1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ieec Power Electronics is U32108MH1972PTC016080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ieec Power Electronics has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the high courts.
Ieec Power Electronics was incorporated on 23 October 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Trupti Keyur Shah ceased to be Whole-Time Director on 30 Apr 2024. Anant Gajanan Deshpande ceased to be Whole-Time Director on 29 Dec 2020. Vishwas Jaywant Varde ceased to be Whole-Time Director on 29 Dec 2020. Ieec Power Electronics has 7 board changes on record in total.
Yes, Ieec Power Electronics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0055047).
Ieec Power Electronics has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 7 micro and small suppliers. The latest return was filed on 04 Jul 2022.
Ieec Power Electronics can be reached through the website ieecpe.com. Its registered office is in Mumbai, Maharashtra, India.