DPIIT recognised startup Government of India
Startup India
Igx Solutions LLP - e-commerce in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2021
₹37,099
Latest filing
EBITDA · FY 2021
-₹4.64 Lakh
Latest filing
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
6 yrs
Est. 2020
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
Last financials
Mar 2022
Balance sheet date
About Igx Solutions LLP
Data last updated:
Igx Solutions LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 20 May 2020 and has been in existence for over 6 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAS-4497. Its GSTIN is 27AAIFI1869H1Z3 (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Brij S Saigal and Sandip Anil Bagul.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at 2 Floor G Plot 130 Appejay House Mumbai Samachar Marg Kala Ghoda Fort, Maharashtra, India – 400001.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹37,099. For the same year it recorded EBITDA of -₹4.64 Lakh.
The LLP is associated with 1 brand: India Gold Exchange.
Igx Solutions LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0028571). For more details, the LLP can be reached via its website indiagoldexchange.com.
Company details
LLPIN AAS-4497
Incorporation Date 20 May 2020
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2024
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0028571
Recognitions & Rankings of Igx Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-19-0028571
Contact details
Igx Solutions LLP's registered office is in Mumbai, Maharashtra.
- Registered Address2 Floor G Plot 130 Appejay House Mumbai Samachar Marg Kala Ghoda Fort, Maharashtra, India – 400001
- IndustryE-Commerce, Online Watches & Jewelry Retail
Comprehensive company report
Igx Solutions LLP - 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
Igx Solutions operates one associated brand: India Gold Exchange. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| India Gold Exchange operates an online platform for trading precious metals and related solutions. | indiagoldexchange.com |
Financials of Igx Solutions LLP
FY 2022 filings availableIgx Solutions LLP reported revenue of ₹37,099 for FY 2021.
Revenue · FY 2021
₹37,099
EBITDA · FY 2021
-₹4.64 Lakh
Financial Statement Summary
| Statement of Account and Solvency | FY 2020-21 |
|---|---|
| Income and Expenditure | |
| Turnover | |
| Other Income | |
| Total Income | |
| Purchases and Direct Costs | |
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| Tax | |
| Profit After Tax | |
| Profit Transferred to Partners | |
| Assets and Liabilities | |
| Partners' Contribution | |
| Reserves and Surplus | |
| Secured Loans | |
| Unsecured Loans | |
| Trade Payables | |
| Other Liabilities and Provisions | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Loans and Advances | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 |
|---|---|
| Profitability | |
| Net Profit Margin | |
| Return on Partners' Funds | |
| Return on Assets | |
| Liquidity and Debt | |
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| Turnover Growth | |
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To see the full financial statements and ratios of Igx Solutions LLP, buy the company report.
Designated partners of Igx Solutions LLP
Igx Solutions has 2 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brij S Saigal Also directs: Igx Lotus Private Limited | Designated Partner | 20 May 2020 | 6 Years 5 Months | Current |
| Sandip Anil Bagul | Designated Partner | 20 May 2020 | 6 Years 5 Months | Current |
Peer comparison
Igx Solutions LLP is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agoncap Technologies Private Limited | ₹1.03 Lakh (FY 2025) | 137.0% | Mumbai, Maharashtra, India | |||
| Myo Designs Private Limited | ₹87,775 (FY 2022) | Faridabad, Haryana, India | ||||
| Swaroop Gems and Jewellery Private Limited | ₹43,466 (FY 2024) | 295.0% | Aurangabad, Maharashtra, India | |||
| Karfa Fashions Private Limited | ₹41,092 (FY 2025) | 615.0% | New Delhi, Delhi, India | |||
| Luxury Online Retail India Private Limited | ₹38,057 (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Igx Solutions LLPthis company | ₹37,099 (FY 2021) | Mumbai, Maharashtra, India | ||||
| Jewels Online Distribution India Private Limited | ₹11,774 (FY 2025) | 7.0% | Banaglore, Karnataka, India | |||
| Rockrush Online Private Limited | ₹10,153 (FY 2024) | Mumbai, Maharashtra, India | ||||
| Lili Origin Private Limited | ₹2,500 (FY 2024) | Mumbai, Maharashtra, India | ||||
| VBJ Precious Metals Private Limited | ₹2,334 (FY 2020) | Chennai, Tamil Nadu, India | ||||
| Mjwel India Private Limited | ₹2,134 (FY 2024) | -48.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Igx Solutions LLP, buy the company report.
Legal cases
No court or tribunal cases involving Igx Solutions LLP 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 Igx Solutions LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Igx Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAIFI1869H1Z3 | Maharashtra | Active | 14 Nov 2020 |
To see the full GST registrations and return filing status of Igx Solutions LLP, buy the company report.
Recent activity
Igx Solutions LLP has 2 designated partner changes on record since 2020: 2 appointments. The latest: Brij S Saigal was appointed as Designated Partner on 20 May 2020.
AGM
Igx Solutions Llp last Annual general meeting of members was held on 31 Mar 2024 as per latest MCA records.
Filing
Igx Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Appointed
Brij S Saigal was appointed as Designated Partner.
Appointed
Sandip Anil Bagul was appointed as Designated Partner.
Incorporation
20 May 2020
Igx Solutions Llp was registered on 20 May 2020 with Roc Mumbai & aged 6 years 5 months as per MCA records.
Frequently asked questions
Igx Solutions is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 20 May 2020 (6+ years old) and is registered under LLPIN AAS-4497.
Igx Solutions has 2 current designated partners:
- Brij S Saigal - Designated Partner
- Sandip Anil Bagul - Designated Partner
The latest financial statements of Igx Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Igx Solutions is 27AAIFI1869H1Z3, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Igx Solutions is AAS-4497. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Igx Solutions was incorporated on 20 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Igx Solutions by revenue are Agoncap Technologies Private Limited, Myo Designs Private Limited, Swaroop Gems and Jewellery Private Limited, Karfa Fashions Private Limited, Luxury Online Retail India Private Limited and 5 more, all in the Ecommerce and Internet industry (Watches and Jewellery).
Brij S Saigal was appointed as Designated Partner on 20 May 2020. Sandip Anil Bagul was appointed as Designated Partner on 20 May 2020.
Yes, Igx Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Igx Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0028571).
Igx Solutions can be reached through the website indiagoldexchange.com. Its registered office is in Mumbai, Maharashtra, India.
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