India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #157 S Gopalakrishnan & family ₹23,600 Cr
- #416 MM Murugappan ₹8,900 Cr
Revenue · FY 2025
₹94.69 Cr
▲ 13% YoY
Net profit · FY 2025
₹45.23 Cr
Net margin 47.8%
EBITDA · FY 2025
₹74.43 Cr
EBITDA margin 78.6%
Satisfied charges
₹125 Cr
No open charges
Company age
20 yrs
Est. 2006
Employees · EPFO
59
Provident fund records
Directors on board
8
As per MCA filings
Active GSTINs
2
of 3 registered
About IIT Madras Research Park
Data last updated:
IIT Madras Research Park is a private not for profit company based in Chennai, Tamil Nadu, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 27 April 2006 and has been in existence for over 20 years.
Its director S Gopalakrishnan and family are #157 among India's richest people (2026). Its director MM Murugappan is #416 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U73100TN2006NPL059651. Its GSTIN is 33AABCI5225P1ZG (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
It is led by directors including Murugappan Murugappan Muthiah and Gopal Srinivasan.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.1 Fa First Floor Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.69 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹45.23 Cr (net margin 47.8%) and EBITDA of ₹74.43 Cr (EBITDA margin 78.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 59 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹125 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website respark.iitm.ac.in.
Company details
CIN U73100TN2006NPL059651
Registration Number 059651
Incorporation Date 27 April 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Murugappan Murugappan Muthiah Director Gopal Srinivasan Director Veezhinathan Kamakoti Director Recognitions & Rankings of IIT Madras Research Park
Contact details
IIT Madras Research Park's registered office is in Chennai, Tamil Nadu. Its website is respark.iitm.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1 Fa First Floor Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of IIT Madras Research Park, buy the company report.
Comprehensive company report
IIT Madras Research Park - 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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Business activity
The main business activity of IIT Madras Research Park is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of IIT Madras Research Park, buy the company report.
Financials of IIT Madras Research Park
FY 2025 filings availableIIT Madras Research Park reported revenue of ₹94.69 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹94.69 Cr ▲ 13%
Net profit · FY 2025
₹45.23 Cr margin 47.8%
EBITDA · FY 2025
₹74.43 Cr margin 78.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 18%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 25%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 44% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹74.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.23 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.6% | ||||
| Net Profit Margin | 47.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of IIT Madras Research Park, buy the company report.
Board of directors of IIT Madras Research Park
IIT Madras Research Park has 8 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murugappan Murugappan Muthiah Also directs: Boat Club Ventures LLP, Carborundum Universal Limited, Rane Holdings Limited and 5 more | Director | 31 Aug 2013 | 13 Years 2 Months | Current |
| Gopal Srinivasan Also directs: Reserve Bank Innovation Hub, Sundaram Investment and Properties Consultants LLP, TVS Investment Consultants LLP and 5 more | Director | 14 Nov 2015 | 10 Years 11 Months | Current |
| Veezhinathan Kamakoti Also directs: City Union Bank Limited, Iitm Cdot Samgnya Technologies Foundation, Iitm Bodhan-Ai Foundation and 5 more | Director | 26 Mar 2022 | 4 Years 7 Months | Current |
| Santhanam | Director | 15 Dec 2009 | 16 Years 10 Months | Current |
| Malupillai Natarajan Also directs: Agate Innovation Ventures LLP | Director | 24 Dec 2024 | 1 Years 10 Months | Current |
| Mahalingam Seturaman | Director | 31 Aug 2013 | 13 Years 2 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
IIT Madras Research Park is audited by R.G.N PRICE & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.G.N PRICE & CO. | FY 2024 | 002785S |
Shareholding
The shareholding of IIT Madras Research Park is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of IIT Madras Research Park, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹125 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2007 | 10048045 | Canara Bank | ₹125 Cr | Satisfied |
To see the full charge records of IIT Madras Research Park, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving IIT Madras Research Park 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
IIT Madras Research Park has 9 MSME Form 1 returns on record between 2017 and 2021, listing 278 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Zedbee Technologies Private Limited | |||
| an individual supplier | |||
| Climaveneta Climate Technologies Private Limited | |||
| Nani Associates | |||
| Cygni Energy Private Limited |
To see the full MSME payment records of IIT Madras Research Park, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
IIT Madras Research Park has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Iitm Incubation Cell | U73200TN2013NPL094014 |
To see the full group structure of IIT Madras Research Park, buy the company report.
Employees & EPFO
IIT Madras Research Park has a workforce of 59 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
59
Active EPFO establishments
1
Employee growth
22.92%
GST
IIT Madras Research Park has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI5225P1ZG | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCP4624L2ZE | Tamil Nadu | Active | 12 Jan 2024 |
To see the full GST registrations and return filing status of IIT Madras Research Park, buy the company report.
Recent activity
IIT Madras Research Park has 47 board changes on record since 2007: 8 appointments and 39 cessations. The latest: Malupillai Natarajan ceased to be Additional Director on 09 Sep 2025.
AGM
Iit Madras Research Park last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Ceased
Malupillai Natarajan ceased to be Additional Director.
Ceased
Radhakrishna Gopalakrishna Pillai ceased to be Additional Director.
Filing
Iit Madras Research Park has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Malupillai Natarajan was appointed as Director.
Appointed
Radhakrishna Gopalakrishna Pillai was appointed as Director.
Ceased
Ashok Jhunjhunwala ceased to be Director.
Ceased
Mohanasankar ceased to be Additional Director.
Ceased
Veezhinathan Kamakoti ceased to be Additional Director.
Ceased
Bhaskar Ramamurthi ceased to be Director.
Appointed
Veezhinathan Kamakoti was appointed as Director.
Charges
A charge registered on 05 Mar 2007 via Charge ID 10048045 with Canara Bank was fully satisfied on 24 Nov 2021.
41 earlier events are in the company report.
News
Frequently asked questions
IIT Madras Research Park is an active private not for profit company based in Chennai, Tamil Nadu, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 27 April 2006 (20+ years old) and is registered under CIN U73100TN2006NPL059651.
IIT Madras Research Park has 8 current directors:
- Murugappan Murugappan Muthiah - Director
- Gopal Srinivasan - Director
- Veezhinathan Kamakoti - Director
- Santhanam - Director
- Malupillai Natarajan - Director
- Mahalingam Seturaman - Director
- Senapathy Gopalakrishnan - Director
- Radhakrishna Gopalakrishna Pillai - Director
The latest financial statements of IIT Madras Research Park on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of IIT Madras Research Park is 33AABCI5225P1ZG, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AACCP4624L2ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of IIT Madras Research Park is U73100TN2006NPL059651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IIT Madras Research Park was incorporated on 27 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Malupillai Natarajan ceased to be Additional Director on 09 Sep 2025. Radhakrishna Gopalakrishna Pillai ceased to be Additional Director on 09 Sep 2025. Malupillai Natarajan was appointed as Director on 24 Dec 2024. IIT Madras Research Park has 47 board changes on record in total.
IIT Madras Research Park has 9 MSME Form 1 returns on record between 2017 and 2021, listing 278 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Oct 2021.
IIT Madras Research Park can be reached through the website respark.iitm.ac.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of IIT Madras Research Park is at No.1 Fa First Floor Kanagam Road Taramani, Chennai, Tamil Nadu, India – 600113.
IIT Madras Research Park operates in the infrastructure and utilities industry, in the general infrastructure services segment.
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