MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0042656
Igi Advanced Systems Private Limited
Igi Advanced Systems Private Limited - consumer electronics & durables in Anekal, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.46 Cr
▲ 19324% YoY
Net loss · FY 2025
₹1.21 Cr
Net margin -16.2%
EBITDA · FY 2025
₹1.02 Cr
EBITDA margin 13.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Igi Advanced Systems Private Limited
Data last updated:
Igi Advanced Systems Private Limited is a private limited company based in Anekal, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36109KA2021PTC154081. Its GSTIN is 29AAGCI3976A1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Wricha Kulshreshtha and Rajesh Ashwath Narayan.
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 Anekal, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.21 Cr (net margin -16.2%) and EBITDA of ₹1.02 Cr (EBITDA margin 13.7%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Igi Advanced Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0042656).
Company details
CIN U36109KA2021PTC154081
Registration Number 154081
Incorporation Date 09 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0042656
Recognitions & Rankings of Igi Advanced Systems
Contact details
Igi Advanced Systems Private Limited's registered office is in Anekal, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSy No.13/2 100 Feet Road Block 5, Jigala, Anekal, Karnataka, India – 562107
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Igi Advanced Systems Private Limited, buy the company report.
Comprehensive company report
Igi Advanced Systems 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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Secure checkout · GST invoice included
Business activity
The main business activity of Igi Advanced Systems is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Igi Advanced Systems Private Limited, buy the company report.
Financials of Igi Advanced Systems Private Limited
FY 2025 filings availableIgi Advanced Systems Private Limited reported revenue of ₹7.46 Cr (up 19324% YoY) for FY 2025.
Revenue · FY 2025
₹7.46 Cr ▲ 19324%
Net loss · FY 2025
₹1.21 Cr margin -16.2%
EBITDA · FY 2025
₹1.02 Cr margin 13.7%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | ₹1.02 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.21 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.7% | |||
| Net Profit Margin | -16.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Igi Advanced Systems Private Limited, buy the company report.
Board of directors of Igi Advanced Systems Private Limited
Igi Advanced Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wricha Kulshreshtha Also directs: Igi Corporation Private Limited | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Rajesh Ashwath Narayan Also directs: Igi Corporation Private Limited | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Igi Advanced Systems Private Limited is audited by S Kumar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Kumar | FY 2023 | 216789 |
Shareholding
The shareholding of Igi Advanced Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Igi Advanced Systems Private Limited, buy the company report.
Legal cases
Igi Advanced Systems Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by MPP Technologies Private Limited | Pending |
To see the full case history of Igi Advanced Systems 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 Igi Advanced Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Igi Advanced Systems Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Igi Advanced Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI3976A1ZH | Karnataka | Active | 31 Dec 2021 |
To see the full GST registrations and return filing status of Igi Advanced Systems Private Limited, buy the company report.
Recent activity
Igi Advanced Systems Private Limited has 6 board changes on record since 2024: 2 appointments and 4 cessations. The latest: Rajesh Ashwath Narayan ceased to be Additional Director on 29 Sep 2024.
AGM
Igi Advanced Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Igi Advanced Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Rajesh Ashwath Narayan ceased to be Additional Director.
Ceased
Wricha Kulshreshtha ceased to be Additional Director.
Ceased
Bangalore Vedanarayana Prashanth Kumar ceased to be Director.
Ceased
Vishalkumar Subbanna Shetty ceased to be Director.
Appointed
Rajesh Ashwath Narayan was appointed as Director.
Appointed
Wricha Kulshreshtha was appointed as Director.
Incorporation
09 Nov 2021
Igi Advanced Systems Private Limited was registered on 09 Nov 2021 with Roc Bangalore & aged 4 years 11 months as per MCA records.
Frequently asked questions
Igi Advanced Systems is an active private limited company based in Anekal, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 November 2021 (5+ years old) and is registered under CIN U36109KA2021PTC154081.
Igi Advanced Systems has 2 current directors:
- Wricha Kulshreshtha - Director
- Rajesh Ashwath Narayan - Director
The latest financial statements of Igi Advanced Systems 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 FY 2022 are in the company report.
The GSTIN of Igi Advanced Systems is 29AAGCI3976A1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Igi Advanced Systems is U36109KA2021PTC154081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Igi Advanced Systems has 1 court case on record: 1 filed against it. 1 is pending.
Igi Advanced Systems was incorporated on 09 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajesh Ashwath Narayan ceased to be Additional Director on 29 Sep 2024. Wricha Kulshreshtha ceased to be Additional Director on 29 Sep 2024. Bangalore Vedanarayana Prashanth Kumar ceased to be Director on 20 Jul 2024. Igi Advanced Systems has 6 board changes on record in total.
Yes, Igi Advanced Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0042656).
The registered office of Igi Advanced Systems is at Sy No.132 100 Feet Road Block 5, Jigala, Anekal, Karnataka, India – 562107.