Igi Corporation Private Limited

Igi Corporation Private Limited - metals and minerals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U36103KA2012PTC064226 Incorporated 04 June 2012 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2025
₹51.09 Cr
▲ 26% YoY
Net profit · FY 2025
₹97.58 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹1.89 Cr
EBITDA margin 3.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15.27 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
20
Provident fund records

About Igi Corporation Private Limited

Data last updated:

Igi Corporation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 04 June 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36103KA2012PTC064226. Its GSTIN is 29AACCI9688M1ZJ (Karnataka).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Ashwath Narayan (Whole-Time Director) and Wricha Kulshreshtha.

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 G – 002 No. 136 Cears Plaza Residency Road, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2025, the company reported a revenue of ₹51.09 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹97.58 Lakh (net margin 1.9%) and EBITDA of ₹1.89 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 14% over five years.

The company has about 20 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15.27 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending.

Igi Corporation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0129613). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website igicorp.in.

Company details

CIN U36103KA2012PTC064226
Registration Number 064226
Incorporation Date 04 June 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0129613
Key People
Rajesh Ashwath Narayan Whole-Time Director Wricha Kulshreshtha Director

Recognitions & Rankings of Igi Corporation

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0129613

Contact details

Igi Corporation Private Limited's registered office is in Bangalore, Karnataka. Its website is igicorp.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    igicorp.in
  • Registered Address
    G – 002 No. 136 Cears Plaza Residency Road, Bangalore, Karnataka, India – 560025
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution

To see the full contact details of Igi Corporation Private Limited, buy the company report.

Comprehensive company report
Igi Corporation 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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Business activity

The main business activity of Igi Corporation is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Igi Corporation Private Limited, buy the company report.

Financials of Igi Corporation Private Limited

FY 2025 filings available

Igi Corporation Private Limited reported revenue of ₹51.09 Cr (up 26% YoY) for FY 2025.

Revenue · FY 2025
₹51.09 Cr ▲ 26%
Net profit · FY 2025
₹97.58 Lakh margin 1.9%
EBITDA · FY 2025
₹1.89 Cr margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 38%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 44%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 26% growth in the latest year. EBITDA rose 25% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.89 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹97.58 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.7%
Net Profit Margin1.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Igi Corporation Private Limited, buy the company report.

Board of directors of Igi Corporation Private Limited

Igi Corporation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Ashwath Narayan
Also directs: Igi Advanced Systems Private Limited
Whole-Time Director05 Apr 20188 Years 7 MonthsCurrent
Wricha Kulshreshtha
Also directs: Igi Advanced Systems Private Limited
Director04 Jun 201214 Years 5 MonthsCurrent
View all directors

Auditor

Igi Corporation Private Limited is audited by S. Kumar for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S. KumarFY 2023216789

Shareholding

The shareholding of Igi Corporation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Igi Corporation Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.27 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹13.27 Cr
Others₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Feb 2025101103070Hdfc Bank Limited₹2 CrOpen
16 Oct 2024101027908Hdfc Bank Limited₹19.43 LakhOpen
18 Dec 2023100914128Hdfc Bank Limited₹16 LakhOpen
08 Dec 2023100914661Hdfc Bank Limited₹10 CrOpen
30 Dec 2022100711967Hdfc Bank Limited₹91.59 LakhOpen

To see the full charge records of Igi Corporation Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Igi Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Igi Corporation Private Limited has a workforce of 20 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
17.65%

GST

Igi Corporation has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCI9688M1ZJKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Igi Corporation Private Limited, buy the company report.

Recent activity

Igi Corporation Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Ashwath Narayana Kiran ceased to be Director on 25 Sep 2020.

AGM
Igi Corporation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Igi Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 101103070 was registered on 10 Feb 2025.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 16 Mar 2022 with Charge ID 100547778 was modified on 30 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.43 Lakh with Charge ID 101027908 was registered on 16 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.00 Lakh with Charge ID 100914128 was registered on 18 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100914661 was registered on 08 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 91.59 Lakh with Charge ID 100711967 was registered on 30 Dec 2022.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100547778 was registered on 16 Mar 2022.
Ceased
Ashwath Narayana Kiran ceased to be Director.
Appointed
Rajesh Ashwath Narayan was appointed as Whole-Time Director.
Ceased
Subbanna Shetty Vishalkumar ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Igi Corporation is an active private limited company based in Bangalore, Karnataka, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 04 June 2012 (14+ years old) and is registered under CIN U36103KA2012PTC064226.

Igi Corporation has 2 current directors:

The latest financial statements of Igi Corporation 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 Igi Corporation is 29AACCI9688M1ZJ, registered in Karnataka.

The CIN (Corporate Identification Number) of Igi Corporation is U36103KA2012PTC064226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Igi Corporation has 4 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending.

Igi Corporation was incorporated on 04 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Ashwath Narayana Kiran ceased to be Director on 25 Sep 2020. Rajesh Ashwath Narayan was appointed as Whole-Time Director on 05 Apr 2018. Subbanna Shetty Vishalkumar ceased to be Director on 27 May 2013. Igi Corporation has 6 board changes on record in total.

Yes, Igi Corporation is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0129613).

Igi Corporation can be reached through the website igicorp.in. Its registered office is in Bangalore, Karnataka, India.