About Ihb Limited
Data last updated:
Ihb Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 09 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U60230GJ2019PLC109127. Its GSTIN is 24AAFCI3422A1ZB (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3,364 Cr and a paid-up capital of ₹3,058 Cr. It was formerly known as Ihb Private Limited. It is led by directors including Shailesh Tiwari and Venkata Mallinath Chavali.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Indian Oil Corporation Ltd Sabarmati Terminal Nr D' Cabin Sabarmati, Ahmedabad, Gujarat, India – 380019.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.93 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹32.7 Cr and EBITDA of -₹16.15 Cr. Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6,724.74 Cr on record. Court records list 1,347 cases involving the company, including 192 filed by the company and 21 filed against it; 993 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in August 2021. Its 10 peer companies in the Oil and Gas industry (Infrastructure Services) are compared by revenue, 5 larger and 5 smaller; the largest is C-Mar India Private Limited with revenue of ₹87.28 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ihbl.in.
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- TelephoneLocked
- Website
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- Registered AddressC/O Indian Oil Corporation Ltd Sabarmati Terminal Nr D' Cabin Sabarmati, Ahmedabad, Gujarat, India – 380019
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
- 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
- One PDF report, delivered after checkout
Business Activity of Ihb Limited
The main business activity of Ihb is transport and storage. In detail, this covers land transport via railways & pipelines.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ihb Limited FY 2025 filings available
Ihb Limited reported revenue of ₹67.93 Lakh (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ihb Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 36% fall in the latest year. EBITDA fell 67% 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 Ihb Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹16.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32.7 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 Ihb Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Ihb are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ihb Limited
Ihb Limited is compared with the companies closest to it by revenue in the Oil and Gas industry (Infrastructure Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C-Mar India Private Limited | ₹87.28 Lakh (FY 2021) | •••• | •••• | 56199.0% | •••• | Mumbai, Maharashtra, India |
| Lpgec International Private Limited | ₹74.94 Lakh (FY 2025) | •••• | •••• | -60.0% | •••• | Mumbai, Maharashtra, India |
| Western Concessions Private Limited | ₹74.16 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
| Tass Global Infrastructure Services Private Limited | ₹73.96 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Delhi, India |
| LNG Express (Global) Private Limited | ₹69.66 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Vadodara, Gujarat, India |
| Ihb Limited this company | ₹67.93 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Ahmedabad, Gujarat, India |
| GR Engineering Projects Private Limited | ₹63.79 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | New Delhi, Delhi, India |
| Vani Insulation Private Limited | ₹63.15 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Anj Infrastructure Services Private Limited | ₹60.01 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Lilac Infrastructure Services Private Limited | ₹54 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Ameri Infrastructure Services Private Limited | ₹53.15 Lakh (FY 2016) | •••• | •••• | 534.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ihb by revenue in the Oil and Gas industry (Infrastructure Services), 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 Ihb Limited
Ihb Limited is audited by PURUSHOTTAM KHANDELWAL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PURUSHOTTAM KHANDELWAL & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ihb Limited
Ihb has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shraddha Sureshchandra Jaitly | Additional Director | 10 Nov 2025 | 0 Years 10 Months | Current |
| Shailesh Tiwari Also directs: GSPL India Gasnet Limited, GSPL India Transco Limited | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
| Venkata Mallinath Chavali | Director | 30 Jul 2025 | 1 Years 2 Months | Current |
| Bidhan Chandra Jena Also directs: Kochi Salem Pipeline Private Limited | Director | 28 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Ihb Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ihb Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2021 | Others | ₹6,724.74 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Ihb Limited
Ihb Limited has 2 deals on record (2 rights issues); the latest was in August 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Rights issue | ₹1,400 Cr | Investors: Indian Oil Corporation Limited , Bharat Petroleum Corporation Limited , Hindustan Petroleum Corporation Limited |
| Nov 2019 | Rights issue | ₹1,653 Cr | Investors: Indian Oil Corporation Limited , Hindustan Petroleum Corporation Limited , Bharat Petroleum Corporation Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ihb Limited
Ihb Limited has 1,347 court cases on record: 192 filed by Ihb, 21 filed against it, 1,134 where it is another party. 993 cases are pending and 354 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,141 | 19 | 989 |
| High courts | 206 | 2 | 4 |
Cases on record (5 of 1,347)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed against the company by Corrtech International Limited | Pending |
| District court, Dahod, Gujarat | Court case (CMA DC) | Company is another party | Pending |
| District court, Dahod, Gujarat | Court case (CMA DC) | Company is another party | Pending |
| Allahabad High Court | Court case (SAPLD) | Filed against the company by an individual | Pending |
| Allahabad High Court | Court case (WRIA) | Company is another party | Disposed |
Full case history
All 1,347 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ihb Limited
Ihb Limited has a workforce of 45 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Ihb Limited
Ihb has one previous CIN (Corporate Identification Number): U60230GJ2019PTC109127. The current CIN is U60230GJ2019PLC109127, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60230GJ2019PLC109127 | Current |
| U60230GJ2019PTC109127 | Previous |
Recent Activity on Ihb Limited
Ihb Limited has 34 board changes on record since 2019: 19 appointments and 15 cessations. The latest: Shraddha Sureshchandra Jaitly was appointed as Additional Director on 10 Nov 2025.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ihb Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ihb Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ihb Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ihb Limited
Ihb has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI3422A1ZB | Gujarat | Active | 16 Sep 2019 |
| 23AAFCI3422A1ZD | Madhya Pradesh | Active | 12 Oct 2020 |
| 09AAFCI3422A1Z3 | Uttar Pradesh | Active | 19 Oct 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ihb Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ihb Limited
Ihb is an active public limited company based in Ahmedabad, Gujarat, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 09 July 2019 (7+ years old) and is registered under CIN U60230GJ2019PLC109127.
Ihb reported revenue of ₹67.93 Lakh for FY 2025 (down 36% YoY).
Ihb has 4 current directors:
- Shraddha Sureshchandra Jaitly - Additional Director
- Shailesh Tiwari - Director
- Venkata Mallinath Chavali - Director
- Bidhan Chandra Jena - Director
Ihb reported a net loss of ₹32.7 Cr and EBITDA of -₹16.15 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ihb is -48% over three years. In the latest year (FY 2025) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ihb is 24AAFCI3422A1ZB, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AAFCI3422A1ZD (Madhya Pradesh), 09AAFCI3422A1Z3 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ihb is U60230GJ2019PLC109127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ihb has 1,347 court cases on record: 192 filed by the company and 21 filed against it. 993 are pending. Most are in the district courts.
Ihb was incorporated on 09 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ihb has 2 deals on record (2 rights issues); the latest was in August 2021.
The peers of Ihb by revenue are C-Mar India Private Limited, Lpgec International Private Limited, Western Concessions Private Limited, Tass Global Infrastructure Services Private Limited, LNG Express (Global) Private Limited and 5 more, all in the Oil and Gas industry (Infrastructure Services).