MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0155814
Ignis Infra-Tech Solutions Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹76.14 Cr
▼ 26% YoY
Net loss · FY 2024
₹5.28 Cr
Net margin -6.9%
EBITDA · FY 2024
-₹3.33 Cr
EBITDA margin -4.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.71 Cr
Issued & subscribed
Open charges
₹13.46 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Ignis Infra-Tech Solutions Private Limited
Data last updated:
Ignis Infra-Tech Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 22 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32100MH2019PTC329659. Its GSTIN is 27AAFCI3811D1ZY (Maharashtra). The company holds 13 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.71 Cr. It is led by directors including Mitesh Manoharmal Jain and Punit Manoharmal Jain.
Its last annual general meeting (AGM) was held on 12 May 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.14 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹5.28 Cr (net margin -6.9%) and EBITDA of -₹3.33 Cr (EBITDA margin -4.4%).
As per MCA filings, the company has open charges of ₹13.46 Cr on record. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹15.01 Cr; the latest was in October 2023. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is KWW Electricals & Electronics Private Limited with revenue of ₹78.99 Cr.
Ignis Infra-Tech Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0155814). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ignis-infra-tech-solutions.business.site.
Company Details of Ignis Infra-Tech Solutions Private Limited
CIN U32100MH2019PTC329659
Registration Number 329659
Incorporation Date 22 August 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 May 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0155814
CIN History of Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions has one previous CIN (Corporate Identification Number): U74910MH2019PTC329659. The current CIN is U32100MH2019PTC329659, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32100MH2019PTC329659 | Current |
| U74910MH2019PTC329659 | Previous |
Key People
Mitesh Manoharmal Jain Director Punit Manoharmal Jain Director Neeta Ashwin Kavedi Director Recognitions & Rankings of Ignis Infra-Tech Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressTrade World Building D Wing 7th Floor, Kamala Mills Compound Senapati Bapat Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013
- IndustryE-Commerce, Online Electronics Retail
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Business Activity of Ignis Infra-Tech Solutions Private Limited
The main business activity of Ignis Infra-Tech Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Ignis Infra-Tech Solutions Private Limited FY 2024 filings available
Ignis Infra-Tech Solutions Private Limited reported revenue of ₹76.14 Cr (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹76.14 Cr ▼ 26%
Net loss · FY 2024
₹5.28 Cr margin -6.9%
EBITDA · FY 2024
-₹3.33 Cr margin -4.4%
Compounded Annual Growth Rate (CAGR) of Ignis Infra-Tech Solutions Private Limited
Revenue CAGR growth
1 year
▼ 26%
EBITDA CAGR growth
1 year
▼ 152%
3 years · compounded
▼ 470%
Revenue fell 26% in the latest year. EBITDA fell 152% 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 of Ignis Infra-Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.28 Cr | •••• | •••• | •••• | •••• |
| 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 of Ignis Infra-Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ignis Infra-Tech Solutions are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Manoharmal Jain Also directs: Fairpick Private Limited | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
| Punit Manoharmal Jain Also directs: Fairpick Private Limited | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
| Neeta Ashwin Kavedi Also directs: Fairpick Private Limited | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
Peer Comparison of Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KWW Electricals & Electronics Private Limited | ₹78.99 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Dynatech Controls Private Limited | ₹77.89 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Durlum India Private Limited | ₹76.91 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Avm Appliances Private Limited | ₹76.67 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Nissei Electric India Private Limited | ₹76.63 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Ponneri Post Ponneri, Tamil Nadu, India |
| Ignis Infra-Tech Solutions Private Limited this company | ₹76.14 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| Unipack Packaging Pvt. Ltd. | ₹75.51 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Fortunearrt Wires & Cables Private Limited | ₹75.27 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Kaynes International Design & Manufacturing Private Limited | ₹75.14 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Mysore, Karnataka, India |
| VL Appliance India Private Limited | ₹75.03 Cr (FY 2023) | •••• | •••• | -10.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ravi Pankha (India) Private Limited | ₹74.94 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Varanasi, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ignis Infra-Tech Solutions by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions Private Limited is audited by SHAIFALI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAIFALI & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ignis Infra-Tech Solutions Private Limited
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Charges & Borrowings of Ignis Infra-Tech Solutions Private Limited
Open charges
₹13.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2023 | Others | ₹10 Cr | Open |
| 19 May 2023 | Hdfc Bank Limited | ₹16.15 Lakh | Open |
| 21 Oct 2022 | Others | ₹3.3 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹15.01 Cr; the latest was in October 2023.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹15.01 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Funding round | ₹15.01 Cr | Investors: VKS Family Trust, PKS Family Trust |
| Mar 2022 | Rights issue | ₹3.99 Cr | Investors: 4 individuals |
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Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Ignis Infra-Tech Solutions Private Limited
Employment history and EPFO contributions of people linked to Ignis Infra-Tech Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Mitesh Manoharmal Jain was appointed as Director on 22 Aug 2019.
AGM
Ignis Infra-Tech Solutions Private Limited last Annual general meeting of members was held on 12 May 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 3.30 Cr registered on 21 Oct 2022 with Charge ID 100655681 was modified on 19 Nov 2024.
Filing
Ignis Infra-Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100753815 was registered on 25 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100752606 was registered on 19 May 2023.
Charges
A charge with Others amounted to Rs. 3.30 Cr with Charge ID 100655681 was registered on 21 Oct 2022.
Appointed
Mitesh Manoharmal Jain was appointed as Director.
Appointed
Neeta Ashwin Kavedi was appointed as Director.
Appointed
Punit Manoharmal Jain was appointed as Director.
Incorporation
22 Aug 2019
Ignis Infra-Tech Solutions Private Limited was registered on 22 Aug 2019 with Roc Mumbai & aged 7 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ignis Infra-Tech Solutions Private Limited
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MSME Payment Delays by Ignis Infra-Tech Solutions Private Limited
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Subsidiaries & Group Companies of Ignis Infra-Tech Solutions Private Limited
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GST Compliance of Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions has 13 GST registrations: 10 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
10
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI3811D1ZY | Maharashtra | Active | 17 Sep 2019 |
| 27AAFCI3811D2ZX | Maharashtra | Active | 04 Apr 2025 |
| 06AAFCI3811D1Z2 | Haryana | Active | 01 May 2021 |
| 29AAFCI3811D1ZU | Karnataka | Active | 08 May 2021 |
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Ignis Infra-Tech Solutions Private Limited
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Frequently Asked Questions about Ignis Infra-Tech Solutions Private Limited
Ignis Infra-Tech Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 22 August 2019 (7+ years old) and is registered under CIN U32100MH2019PTC329659.
Ignis Infra-Tech Solutions reported revenue of ₹76.14 Cr for FY 2024 (down 26% YoY).
Ignis Infra-Tech Solutions has 3 current directors:
- Mitesh Manoharmal Jain - Director
- Punit Manoharmal Jain - Director
- Neeta Ashwin Kavedi - Director
Ignis Infra-Tech Solutions reported a net loss of ₹5.28 Cr (net margin -6.9%) and EBITDA of -₹3.33 Cr (EBITDA margin -4.4%) for FY 2024, as per its filed financial statements.
The GSTIN of Ignis Infra-Tech Solutions is 27AAFCI3811D1ZY, registered in Maharashtra. The company has 13 GST registrations in all, of which 10 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAFCI3811D2ZX (Maharashtra), 06AAFCI3811D1Z2 (Haryana), 29AAFCI3811D1ZU (Karnataka).
The CIN (Corporate Identification Number) of Ignis Infra-Tech Solutions is U32100MH2019PTC329659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignis Infra-Tech Solutions was incorporated on 22 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Ignis Infra-Tech Solutions has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹15.01 Cr; the latest was in October 2023.
The peers of Ignis Infra-Tech Solutions by revenue are KWW Electricals & Electronics Private Limited, Dynatech Controls Private Limited, Durlum India Private Limited, Avm Appliances Private Limited, Nissei Electric India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Mitesh Manoharmal Jain was appointed as Director on 22 Aug 2019. Neeta Ashwin Kavedi was appointed as Director on 22 Aug 2019. Punit Manoharmal Jain was appointed as Director on 22 Aug 2019.
Yes, Ignis Infra-Tech Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0155814).