Igmas Solutions India Private Limited

Igmas Solutions India Private Limited - glass in Sadhashivanagar, Karnataka, India. Directors, charges & compliance details.
CIN U26109KA2021PTC150212 Incorporated 02 August 2021 ROC Bangalore HQ Sadhashivanagar, Karnataka, India
Active Private Limited Company glass
Data last updated
Revenue · FY 2023
₹25.37 Lakh
▼ 69% YoY
Net profit · FY 2023
₹70,007
Net margin 2.8%
EBITDA · FY 2023
₹83,175
EBITDA margin 3.3%
Authorised capital
₹1 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
Last financials
Mar 2023
Balance sheet date

About Igmas Solutions India Private Limited

Data last updated:

Igmas Solutions India Private Limited is a private limited company based in Sadhashivanagar, Karnataka, India. It operates in the manufacturing segment of the glass manufacturing sector. It was incorporated on 02 August 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26109KA2021PTC150212.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vanagoor Raju Sheela and Kirundanda Ganapathi Changappa Arun.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.3 4th Floor Chandru Nivas 13th Main Rmv Extension, Sadhashivanagar, Karnataka, India – 560080.

As per the financials filed for FY 2023, the company reported a revenue of ₹25.37 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹70,007 (net margin 2.8%) and EBITDA of ₹83,175 (EBITDA margin 3.3%).

Company details

CIN U26109KA2021PTC150212
Registration Number 150212
Incorporation Date 02 August 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023

Contact details

Igmas Solutions India Private Limited's registered office is in Sadhashivanagar, Karnataka.

  • Registered Address
    No.3 4th Floor Chandru Nivas 13th Main Rmv Extension, Sadhashivanagar, Karnataka, India – 560080
  • Industry
    Glass, Manufacturing, Glass & Glass Products, Glassware
Comprehensive company report
Igmas Solutions India Private Limited - one report that includes everything
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Business activity

The main business activity of Igmas Solutions India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Igmas Solutions India Private Limited, buy the company report.

Financials of Igmas Solutions India Private Limited

FY 2023 filings available

Igmas Solutions India Private Limited reported revenue of ₹25.37 Lakh (down 69% YoY) for FY 2023.

Revenue · FY 2023
₹25.37 Lakh ▼ 69%
Net profit · FY 2023
₹70,007 margin 2.8%
EBITDA · FY 2023
₹83,175 margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 69%
EBITDA CAGR growth
1 year
▲ 151%

Revenue fell 69% in the latest year. EBITDA rose 151% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22
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₹83,175
Profit Before Tax
Tax Expense
Net Profit (PAT)₹70,007
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 2022-23FY 2021-22
Profitability
EBITDA Margin3.3%
Net Profit Margin2.8%
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 Igmas Solutions India Private Limited, buy the company report.

Board of directors of Igmas Solutions India Private Limited

Igmas Solutions India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vanagoor Raju SheelaAdditional Director21 Feb 20242 Years 8 MonthsCurrent
Kirundanda Ganapathi Changappa ArunAdditional Director21 Feb 20242 Years 8 MonthsCurrent

MSME payment delays

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

GST

No GST registration is on our record for Igmas Solutions India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Igmas Solutions India Private Limited has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Kirundanda Ganapathi Changappa Arun was appointed as Additional Director on 21 Feb 2024.

Appointed
Kirundanda Ganapathi Changappa Arun was appointed as Additional Director.
Ceased
Raghu G S ceased to be Director.
Ceased
Ramachandra Gowda Seekal Venkataswamy Gowda ceased to be Director.
Appointed
Vanagoor Raju Sheela was appointed as Additional Director.
AGM
Igmas Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Igmas Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Incorporation
02 Aug 2021
Igmas Solutions India Private Limited was registered on 02 Aug 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.

Frequently asked questions

Igmas Solutions India is an active private limited company based in Sadhashivanagar, Karnataka, India. The company works in manufacturing, within the glass industry. It was incorporated on 02 August 2021 (5+ years old) and is registered under CIN U26109KA2021PTC150212.

Igmas Solutions India has 2 current directors:

The latest financial statements of Igmas Solutions India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Igmas Solutions India is U26109KA2021PTC150212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Igmas Solutions India was incorporated on 02 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Kirundanda Ganapathi Changappa Arun was appointed as Additional Director on 21 Feb 2024. Raghu G S ceased to be Director on 21 Feb 2024. Ramachandra Gowda Seekal Venkataswamy Gowda ceased to be Director on 21 Feb 2024. Igmas Solutions India has 4 board changes on record in total.

The registered office of Igmas Solutions India is at No.3 4th Floor Chandru Nivas 13th Main Rmv Extension, Sadhashivanagar, Karnataka, India – 560080.

Igmas Solutions India operates in the glass industry, in the manufacturing segment.

Igmas Solutions India can be reached at its registered office: No.3 4th Floor Chandru Nivas 13th Main Rmv Extension, Sadhashivanagar, Karnataka, India – 560080.

Igmas Solutions India is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.