DPIIT recognised startup Government of India
Startup India
Ignomagine Private Limited
Ignomagine Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.03 Lakh
▲ 167% YoY
Net profit · FY 2024
₹31,700
Net margin 1.3%
EBITDA · FY 2024
₹37,500
EBITDA margin 1.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.08 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ignomagine Private Limited
Data last updated:
Ignomagine Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 03 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2021PTC150275. Its GSTIN is 29AAGCI2476R1ZP (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.08 Lakh. It is led by directors Sumana Mandal and Abiramm Bangalore Ranganathan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.03 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31,700 (net margin 1.3%) and EBITDA of ₹37,500 (EBITDA margin 1.6%).
The company is associated with 1 brand: Ignomagine.
Ignomagine Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0130834).
Company details
CIN U29309KA2021PTC150275
Registration Number 150275
Incorporation Date 03 August 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0130834
Recognitions & Rankings of Ignomagine
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0130834
Contact details
Ignomagine Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 28 Ground Floor, 2nd Cross Srinivasanagar, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Ignomagine Private Limited, buy the company report.
Comprehensive company report
Ignomagine 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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Brands
Ignomagine operates one associated brand: Ignomagine. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Robotics and automation products are manufactured for diverse applications. | ignomagine.com |
Business activity
The main business activity of Ignomagine is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ignomagine Private Limited, buy the company report.
Financials of Ignomagine Private Limited
FY 2025 filings availableIgnomagine Private Limited reported revenue of ₹24.03 Lakh (up 167% YoY) for FY 2024.
Revenue · FY 2024
₹24.03 Lakh ▲ 167%
Net profit · FY 2024
₹31,700 margin 1.3%
EBITDA · FY 2024
₹37,500 margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 167%
EBITDA CAGR growth
1 year
▲ 104%
Revenue rose 167% in the latest year. EBITDA rose 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 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 | ₹37,500 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹31,700 | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.6% | ||
| Net Profit Margin | 1.3% | ||
| 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 Ignomagine Private Limited, buy the company report.
Board of directors of Ignomagine Private Limited
Ignomagine has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumana Mandal | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
| Abiramm Bangalore Ranganathan | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Ignomagine Private Limited is audited by RAKESH L AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH L AND ASSOCIATES | FY 2023 | 249698 |
Shareholding
The shareholding of Ignomagine Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ignomagine Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ignomagine 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 Ignomagine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ignomagine Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Ignomagine has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI2476R1ZP | Karnataka | Active | 18 Nov 2021 |
To see the full GST registrations and return filing status of Ignomagine Private Limited, buy the company report.
Recent activity
Ignomagine Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abiramm Bangalore Ranganathan was appointed as Director on 03 Aug 2021.
AGM
Ignomagine Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ignomagine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Abiramm Bangalore Ranganathan was appointed as Director.
Appointed
Sumana Mandal was appointed as Director.
Incorporation
03 Aug 2021
Ignomagine Private Limited was registered on 03 Aug 2021 with Roc Bangalore & aged 5 years 2 months as per MCA records.
Frequently asked questions
Ignomagine is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 03 August 2021 (5+ years old) and is registered under CIN U29309KA2021PTC150275.
Ignomagine has 2 current directors:
- Sumana Mandal - Director
- Abiramm Bangalore Ranganathan - Director
The latest financial statements of Ignomagine 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 2022 are in the company report.
The GSTIN of Ignomagine is 29AAGCI2476R1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ignomagine is U29309KA2021PTC150275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignomagine was incorporated on 03 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Abiramm Bangalore Ranganathan was appointed as Director on 03 Aug 2021. Sumana Mandal was appointed as Director on 03 Aug 2021.
Yes, Ignomagine is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ignomagine is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0130834).
The registered office of Ignomagine is at No 28 Ground Floor, 2nd Cross Srinivasanagar, Bangalore, Karnataka, India – 560085.