Iel Finex Private Limited
About Iel Finex Private Limited
Data last updated:
Iel Finex Private Limited is a private limited company based in Chidambaram, Tamil Nadu, India, a subsidiary of India Envelopes Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2013PTC093654. Its GSTIN is 33AADCI4010N1ZT (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramachandran and Balakrishnan Venkatesan.
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 14 Venugopala Pillai Road, Chidambaram, Tamil Nadu, India – 608001.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.6 Cr on record. Court records list 86 cases involving the company, including 66 filed by the company and 21 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Iel Finex Private Limited's registered office is in Chidambaram, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14 Venugopala Pillai Road, Chidambaram, Tamil Nadu, India – 608001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Iel Finex 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
Financials of Iel Finex Private Limited
FY 2025 filings availableIel Finex Private Limited reported revenue of ₹4,335 (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 70% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 86%. 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
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Financial Ratios
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To see the full financial statements and ratios of Iel Finex Private Limited, buy the company report.
Board of directors of Iel Finex Private Limited
Iel Finex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandran Also directs: NST Mills Private Limited, The National Sewing Thread Company Limited, India Envelopes Limited and 2 more | Director | 12 Nov 2013 | 12 Years 11 Months | Current |
| Balakrishnan Venkatesan Also directs: NST Mills Private Limited, The National Sewing Thread Company Limited, India Envelopes Limited and 2 more | Director | 12 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Iel Finex Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iel Finex Private Limitedthis company | ₹4,335 (FY 2025) | 70.0% | 14 | Chidambaram, Tamil Nadu, India | ||
| Sri Rajeswari Mills Limited | ₹4,315 (FY 2024) | -100.0% | Gudiyattam, Tamil Nadu, India | |||
| Shakti Wears Private Limited | ₹4,299 (FY 2024) | Jaipur, Rajasthan, India | ||||
| Harry Creation Private Limited | ₹4,200 (FY 2018) | -49.0% | Delhi, India | |||
| Gurmohan Garments Private Limited | ₹4,200 (FY 2024) | Delhi, India |
To see the full peer comparison of Iel Finex Private Limited, buy the company report.
Auditor
Iel Finex Private Limited is audited by G NATESAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G NATESAN & CO | FY 2022 | 002424S |
Shareholding
The shareholding of Iel Finex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Iel Finex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2017 | 100117875 | Others | ₹3.6 Cr | Open |
To see the full charge records of Iel Finex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Iel Finex Private Limited has 86 court cases on record: 66 filed by Iel Finex, 21 filed against it. 9 cases are pending and 77 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 80 | 19 | 9 |
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dindigul, Tamil Nadu | Appeal | Filed against the company by Sri Sankari Yarns Pvt Ltd Through Its Manager N Ramesh Kumar | Pending |
| District court, Virudhunagar, Tamil Nadu | Court case (COS) | Filed against the company by M/S Sri. Vishnu Shankar Mill Ltd, | Pending |
| District court, Dindigul, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Sri Sankari Yarns Pvt Ltd Rep by His Power Agent Ramesh Kumar | Pending |
| District court, Cuddalore, Tamil Nadu | Criminal miscellaneous application | Filed against the company by The Karur Vysya Bank Limited Rep by Authorised Officer | Disposed |
| District court, Dindigul, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Sri Sankari Yarns Pvt Ltd Rep by Managing Director SMK Sudan Rep by His Power Agent Ramesh Kumar | Disposed |
To see the full case history of Iel Finex 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 Iel Finex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iel Finex Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Iel Finex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCI4010N1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iel Finex Private Limited, buy the company report.
Recent activity
Iel Finex Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Harish Ramachandran ceased to be Director on 31 Mar 2014.
Frequently asked questions
Iel Finex is an active private limited company based in Chidambaram, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 November 2013 (13+ years old) and is registered under CIN U74900TN2013PTC093654.
Iel Finex has 2 current directors:
- Ramachandran - Director
- Balakrishnan Venkatesan - Director
The latest financial statements of Iel Finex 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 Iel Finex is 33AADCI4010N1ZT, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Iel Finex is U74900TN2013PTC093654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iel Finex has 86 court cases on record: 66 filed by the company and 21 filed against it. 9 are pending. Most are in the district courts.
Iel Finex was incorporated on 12 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Iel Finex by revenue are Sri Rajeswari Mills Limited, Shakti Wears Private Limited, Harry Creation Private Limited, Gurmohan Garments Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Harish Ramachandran ceased to be Director on 31 Mar 2014. Balakrishnan Venkatesan was appointed as Director on 12 Nov 2013. Ramachandran was appointed as Director on 12 Nov 2013.
The registered office of Iel Finex is at 14 Venugopala Pillai Road, Chidambaram, Tamil Nadu, India – 608001.
Iel Finex operates in the manufacturing industry, in the textile and fabric production segment.
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