Ignite Metatronics Private Limited
About Ignite Metatronics Private Limited
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Ignite Metatronics Private Limited is a private limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 30 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC305178. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3.7 Cr and a paid-up capital of ₹3.63 Cr. It is led by directors Vandna Gupta and Gaurav Gupta.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at A – 212 C /307 Tirupati Plaza Street No. 1 Shakarpur, Delhi, India – 110092.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.89 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹3.43 Lakh (net margin 0.3%) and EBITDA of ₹56.7 Lakh (EBITDA margin 5.7%).
As per MCA filings, the company has open charges of ₹1.95 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ignite Metatronics Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressA – 212 C /307 Tirupati Plaza Street No. 1 Shakarpur, Delhi, India – 110092
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Ignite Metatronics 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 Ignite Metatronics is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ignite Metatronics Private Limited, buy the company report.
Financials of Ignite Metatronics Private Limited
FY 2019 filings availableIgnite Metatronics Private Limited reported revenue of ₹9.89 Cr (up 56% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹9.89 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹56.7 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.43 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.7% | ||
| Net Profit Margin | 0.3% | ||
| 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 Ignite Metatronics Private Limited, buy the company report.
Board of directors of Ignite Metatronics Private Limited
Ignite Metatronics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandna Gupta Also directs: Ashvan Manufacturers & Traders Private Limited | Director | 20 May 2017 | 9 Years 5 Months | Current |
| Gaurav Gupta Also directs: Divergent Industries Private Limited | Director | 30 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Ignite Metatronics Private Limited is audited by NIRBHAYA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRBHAYA & ASSOCIATES | FY 2019 | 016125N |
Shareholding
The shareholding of Ignite Metatronics Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ignite Metatronics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2017 | 100080706 | Others | ₹1.95 Cr | Open |
To see the full charge records of Ignite Metatronics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ignite Metatronics Private Limited has 10 court cases on record: 2 filed by Ignite Metatronics, 8 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Solace Trade Links Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Pinnacle Capital Solutions Pvt Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Disposed |
| High Court of Uttarakhand | Court case (WPMB) | Filed by the company against State of Uttarakhand | Pending |
| District court, Haridwar, Uttarakhand | Interim or miscellaneous application | Filed against the company by Punjab National Bank | Disposed |
To see the full case history of Ignite Metatronics 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 Ignite Metatronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ignite Metatronics has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ignite Metatronics Private Limited, buy the company report.
Recent activity
Ignite Metatronics Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Vandna Gupta ceased to be Director on 23 Dec 2020.
Frequently asked questions
Ignite Metatronics is an active private limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 30 August 2016 (10+ years old) and is registered under CIN U74999DL2016PTC305178.
Ignite Metatronics has 2 current directors:
- Vandna Gupta - Director
- Gaurav Gupta - Director
The latest financial statements of Ignite Metatronics on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Ignite Metatronics has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ignite Metatronics is U74999DL2016PTC305178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignite Metatronics has 10 court cases on record: 2 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Ignite Metatronics was incorporated on 30 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Vandna Gupta ceased to be Director on 23 Dec 2020. Ashok Kumar ceased to be Director on 26 Jun 2017. Vandna Gupta was appointed as Director on 20 May 2017. Ignite Metatronics has 4 board changes on record in total.
The registered office of Ignite Metatronics is at A – 212 C 307 Tirupati Plaza Street No. 1 Shakarpur, Delhi, India – 110092.
Ignite Metatronics operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
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