Ik Distilleries Private Limited
About Ik Distilleries Private Limited
Data last updated:
Ik Distilleries Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 24 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U15510TG2010PTC071360. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹75.51 Lakh. It is led by directors including Balvinder Bagga Singh and Gurleen Bagga Kaur.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No.400 Road No – 14 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.2 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹41,366 (net margin 2.4%) and EBITDA of ₹2.75 Lakh (EBITDA margin 16%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 30% over five years.
As per MCA filings, the company has satisfied charges of ₹7.25 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ik Distilleries has one previous CIN (Corporate Identification Number): U15510AP2010PTC071360. The current CIN is U15510TG2010PTC071360, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15510TG2010PTC071360 | Current |
| U15510AP2010PTC071360 | Previous |
Contact details
Ik Distilleries Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.400 Road No – 14 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Ik Distilleries 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
Financials of Ik Distilleries Private Limited
FY 2021 filings availableIk Distilleries Private Limited reported revenue of ₹17.2 Lakh (down 20% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 20% fall in the latest year. EBITDA rose 1% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹2.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41,366 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ik Distilleries Private Limited, buy the company report.
Board of directors of Ik Distilleries Private Limited
Ik Distilleries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balvinder Bagga Singh Also directs: Bagga Hotel Constructions LLP, Karnand Agro Ventures Private Limited, Gur Simran Distilleries Pvt Ltd and 1 more | Director | 24 Nov 2010 | 15 Years 11 Months | Current |
| Gurleen Bagga Kaur Also directs: Bagga Hotel Constructions LLP, Smart Edge Constructions LLP | Director | 12 Jul 2022 | 4 Years 3 Months | Current |
| Satpal Bagga Singh Also directs: Bagga Hotel Constructions LLP, Smart Edge Constructions LLP, Karnand Agro Ventures Private Limited and 3 more | Director | 24 Nov 2010 | 15 Years 11 Months | Current |
Peer comparison
Ik Distilleries Private Limited is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Alcoholic Beverages), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deccan Plateau Vineyards Private Limited | ₹18.69 Lakh (FY 2025) | -35.0% | Pune, Maharashtra, India | |||
| R A N Distilleries Private Limited | ₹18.66 Lakh (FY 2024) | 52.0% | Bangalore, Karnataka, India | |||
| FM Malt Private Limited | ₹18.35 Lakh (FY 2021) | -94.0% | Jaipur, Rajasthan, India | |||
| Max Spirits Private Limited | ₹18.15 Lakh (FY 2024) | -11.0% | Hyderabad, Telangana, India | |||
| Brewtherhood Foods and Beverages Private Limited | ₹18.08 Lakh (FY 2024) | -44.0% | Aurangabad, Maharashtra, India | |||
| Ik Distilleries Private Limitedthis company | ₹17.2 Lakh (FY 2021) | ₹41,366 | 2.4% | -20.0% | Hyderabad, Telangana, India | |
| Crochet Industries Private Limited | ₹16.85 Lakh (FY 2023) | Gopalpur, Odisha, India | ||||
| Hindustan Sugars Limited | ₹16.32 Lakh (FY 2019) | -44.0% | Pune, Maharashtra, India | |||
| Ceffeo Enterprises Private Limited | ₹15.27 Lakh (FY 2025) | -17.0% | Ghaziabad, Uttar Pradesh, India | |||
| Tap House Beverages Private Limited | ₹15.19 Lakh (FY 2024) | Goa, India | ||||
| Karnak Distillery Private Limited | ₹15.1 Lakh (FY 2023) | 8.0% | Guwahati, Assam, India |
To see the full peer comparison of Ik Distilleries Private Limited, buy the company report.
Auditor
Ik Distilleries Private Limited is audited by P MURALI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P MURALI & CO | FY 2017 | 007257S |
Shareholding
The shareholding of Ik Distilleries Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ik Distilleries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2014 | 10536399 | Bank of India | ₹7.25 Cr | Satisfied |
To see the full charge records of Ik Distilleries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ik Distilleries Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by M/S Paras Collins Distilleries Pvt Ltd | Disposed |
| District court, Hyderabad CCC, Telangana | Appeal | Filed against the company by M/S.Paras Collins Distilleries Pvt Ltd.,Rep.By P.Thikka Reddy | Pending |
| District court, Hyderabad CCC, Telangana | Appeal | Filed against the company by M/S.Paras Collins Distilleries Pvt Ltd.,Rep.By P.Thikka Reddy | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal miscellaneous application | Filed against the company by M/S.Paras Collins Distilleries Pvt Ltd.,Rep.By P.Thilla Reddy | Disposed |
To see the full case history of Ik Distilleries 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 Ik Distilleries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ik Distilleries 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 Ik Distilleries Private Limited, buy the company report.
Recent activity
Ik Distilleries Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Gurleen Bagga Kaur was appointed as Director on 12 Jul 2022.
Frequently asked questions
Ik Distilleries is an active private limited company based in Hyderabad, Telangana, India. The company works in alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 24 November 2010 (16+ years old) and is registered under CIN U15510TG2010PTC071360.
Ik Distilleries has 3 current directors:
- Balvinder Bagga Singh - Director
- Gurleen Bagga Kaur - Director
- Satpal Bagga Singh - Director
The latest financial statements of Ik Distilleries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Ik Distilleries has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ik Distilleries is U15510TG2010PTC071360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ik Distilleries has 4 court cases on record: 4 filed against it. 1 is pending.
Ik Distilleries was incorporated on 24 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Ik Distilleries by revenue are Deccan Plateau Vineyards Private Limited, R A N Distilleries Private Limited, FM Malt Private Limited, Max Spirits Private Limited, Brewtherhood Foods and Beverages Private Limited and 5 more, all in the Food and Beverages industry (Alcoholic Beverages).
Gurleen Bagga Kaur was appointed as Director on 12 Jul 2022. Gurupreet Singh Bagga ceased to be Director on 01 Feb 2017. Harmahander Singh Bagga ceased to be Additional Director on 04 Sep 2013. Ik Distilleries has 6 board changes on record in total.
The registered office of Ik Distilleries is at Plot No.400 Road No – 14 Banjara Hills, Hyderabad, Telangana, India – 500034.
Ik Distilleries operates in the food and beverages industry, in the alcoholic beverage manufacturing and distribution segment.
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