Igm Surfaces Private Limited
About Igm Surfaces Private Limited
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Igm Surfaces Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 09 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U14294MP2019PTC050298. Its GSTIN is 23AAFCI4961E1ZR (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.53 Lakh. It was formerly known as Igm Surfaces (E) Private Limited. It is led by directors including Ramachandra Prasad Nallapati and Vivek Bharadwaj.
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 Plot No. 256 Part 2 Scheme Number 78 Near Vrandavan Restaurant, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.56 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹36.63 Lakh (net margin 5.6%) and EBITDA of ₹53.11 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
Company details
Contact details
Igm Surfaces Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 256 Part 2 Scheme Number 78 Near Vrandavan Restaurant, Indore, Madhya Pradesh, India – 452010
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Igm Surfaces 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
Business activity
The main business activity of Igm Surfaces is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Igm Surfaces Private Limited, buy the company report.
Financials of Igm Surfaces Private Limited
FY 2025 filings availableIgm Surfaces Private Limited reported revenue of ₹6.56 Cr (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 46% 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
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| EBITDA | ₹53.11 Lakh | ||||
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| Net Profit (PAT) | ₹36.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Igm Surfaces Private Limited, buy the company report.
Board of directors of Igm Surfaces Private Limited
Igm Surfaces has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Prasad Nallapati Also directs: Rakee Kisan Market Private Limited, Nallapati Infra Projects Private Limited, Rakee Communications Private Limited and 2 more | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Vivek Bharadwaj | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Sudhir Kumar Jain Also directs: Sky Mark Leasing and Finance Limited | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Igm Surfaces Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radharani Exports Private Limited | ₹6.58 Cr (FY 2016) | 33.0% | Jaipur, Rajasthan, India | |||
| Siwon Enterprises Private Limited | ₹6.57 Cr (FY 2023) | -64.0% | Delhi, India | |||
| Igm Surfaces Private Limitedthis company | ₹6.56 Cr (FY 2024) | ₹36.63 Lakh | 5.6% | -45.0% | Indore, Madhya Pradesh, India | |
| Gcak Trading Private Limited | ₹6.56 Cr (FY 2024) | 23.0% | Solan, Himachal Pradesh, India | |||
| Starways Infratrade Private Limited | ₹6.55 Cr (FY 2025) | 61.0% | Mahendru, Patna, Bihar, India | |||
| JBS Royal Touch India Private Limited | ₹6.54 Cr (FY 2020) | 72.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Igm Surfaces Private Limited, buy the company report.
Auditor
Igm Surfaces Private Limited is audited by VINOD K JAIN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD K JAIN & CO | FY 2020 | 006717C |
Legal cases
No court or tribunal cases involving Igm Surfaces Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Igm Surfaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Igm Surfaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCI4961E1ZR | Madhya Pradesh | Active | 26 Mar 2020 |
To see the full GST registrations and return filing status of Igm Surfaces Private Limited, buy the company report.
Recent activity
Igm Surfaces Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ramachandra Prasad Nallapati was appointed as Director on 09 Dec 2019.
Frequently asked questions
Igm Surfaces is an active private limited company based in Indore, Madhya Pradesh, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 09 December 2019 (7+ years old) and is registered under CIN U14294MP2019PTC050298.
Igm Surfaces has 3 current directors:
- Ramachandra Prasad Nallapati - Director
- Vivek Bharadwaj - Director
- Sudhir Kumar Jain - Director
The latest financial statements of Igm Surfaces 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 2020 are in the company report.
The GSTIN of Igm Surfaces is 23AAFCI4961E1ZR, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Igm Surfaces is U14294MP2019PTC050298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Igm Surfaces was incorporated on 09 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Igm Surfaces by revenue are Radharani Exports Private Limited, Siwon Enterprises Private Limited, Gcak Trading Private Limited, Starways Infratrade Private Limited, JBS Royal Touch India Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Ramachandra Prasad Nallapati was appointed as Director on 09 Dec 2019. Sudhir Kumar Jain was appointed as Director on 09 Dec 2019. Vivek Bharadwaj was appointed as Director on 09 Dec 2019.
The registered office of Igm Surfaces is at Plot No. 256 Part 2 Scheme Number 78 Near Vrandavan Restaurant, Indore, Madhya Pradesh, India – 452010.
Igm Surfaces operates in the environment industry, in the waste management and recycling solutions segment.
Yes. Igm Surfaces was formerly known as Igm Surfaces (E) Private Limited.