Ikaru Projects Private Limited
About Ikaru Projects Private Limited
Data last updated:
Ikaru Projects Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U93000HR2007PTC036762. Its GSTIN is 06AABCI6771L2Z7 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹60 Lakh. It is led by directors including Neel Mullick (Managing Director) and Sunil Gilotra.
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 79 Udyog Vihar Phase – VI Sector – 37, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.31 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹2.88 Lakh (net margin 9.2%) and EBITDA of ₹6.4 Lakh (EBITDA margin 20.4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address79 Udyog Vihar Phase – VI Sector – 37, Gurgaon, Haryana, India – 122001
- IndustryInformation Technology, IT Consulting & Support 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
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Financials of Ikaru Projects Private Limited FY 2025 filings available
Ikaru Projects Private Limited reported revenue of ₹31.31 Lakh (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ikaru Projects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 64% fall in the latest year. EBITDA rose 119% 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 Ikaru Projects Private 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 | ₹6.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.88 Lakh | •••• | •••• | •••• | •••• |
| 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 Ikaru Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.2% | •••• | •••• | •••• | •••• |
| 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 Ikaru Projects are in the company report.
Financial statements from 2015
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 Ikaru Projects Private Limited
Ikaru Projects Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training, IT Consulting and 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 |
|---|---|---|---|---|---|---|
| Anix Education Private Limited | ₹31.39 Lakh (FY 2022) | •••• | •••• | -32.0% | •••• | Ernakulam, Kerala, India |
| VSS Educational Services Private Limited | ₹31.38 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Kolkata, West Bengal, India |
| Cmti-Construction Management Training Institute Private Limited | ₹31.38 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
| Skills Factory Learning Private Limited | ₹31.33 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | Pune, Maharashtra, India |
| Manguru Property Management & Solutions Private Limited | ₹31.32 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| Ikaru Projects Private Limited this company | ₹31.31 Lakh (FY 2025) | •••• | •••• | -64.0% | •••• | Gurgaon, Haryana, India |
| Torex Institute of Forex Training Services Private Limited | ₹31.31 Lakh (FY 2016) | •••• | •••• | 316.0% | •••• | Delhi, India |
| Aadi Technologies Private Limited | ₹31.31 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Bookmark Education Services Private Limited | ₹31.31 Lakh (FY 2021) | •••• | •••• | 25.0% | •••• | Chandigarh, India |
| Truemark Infocomm Private Limited | ₹31.28 Lakh (FY 2017) | •••• | •••• | 55.0% | •••• | Ahmedabad, Gujarat, India |
| Sapphire Technologies Private Limited | ₹31.28 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ikaru Projects by revenue in the Education industry (Corporate and Commercial Training, IT Consulting and 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 Ikaru Projects Private Limited
Ikaru Projects Private Limited is audited by K ARORA & COMPANY for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K ARORA & COMPANY | 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 Ikaru Projects Private Limited
Ikaru Projects has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Gilotra Also directs: Maestro Engineering Private Limited | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Moti Lal Mullick | Director | 23 Jun 2020 | 6 Years 3 Months | Current |
| Neel Mullick | Managing Director | 16 Apr 2007 | 19 Years 6 Months | Current |
Ownership and Shareholding of Ikaru Projects Private 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 Ikaru Projects Private Limited
Ikaru Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ikaru Projects Private Limited
Employment history and EPFO contributions of people linked to Ikaru Projects.
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.
Recent Activity on Ikaru Projects Private Limited
Ikaru Projects Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Sunil Gilotra was appointed as Director on 15 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Ikaru Projects Private 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 Ikaru Projects Private 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 Ikaru Projects Private 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 Ikaru Projects Private Limited
Ikaru Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCI6771L2Z7 | Haryana | Active | 20 Sep 2018 |
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 Ikaru Projects Private 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 Ikaru Projects Private Limited
Ikaru Projects is an active private limited company based in Gurgaon, Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 April 2007 (19+ years old) and is registered under CIN U93000HR2007PTC036762.
Ikaru Projects reported revenue of ₹31.31 Lakh for FY 2025 (down 64% YoY).
Ikaru Projects has 3 current directors:
- Neel Mullick - Managing Director
- Sunil Gilotra - Director
- Moti Lal Mullick - Director
Ikaru Projects reported a net profit of ₹2.88 Lakh (net margin 9.2%) and EBITDA of ₹6.4 Lakh (EBITDA margin 20.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ikaru Projects is -16% over three years and -19% over five years. In the latest year (FY 2025) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ikaru Projects is 06AABCI6771L2Z7, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ikaru Projects is U93000HR2007PTC036762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ikaru Projects was incorporated on 16 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Ikaru Projects by revenue are Anix Education Private Limited, VSS Educational Services Private Limited, Cmti-Construction Management Training Institute Private Limited, Skills Factory Learning Private Limited, Manguru Property Management & Solutions Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training, IT Consulting and Services).
Sunil Gilotra was appointed as Director on 15 Mar 2021. Sunil Gilotra ceased to be Director on 25 Jun 2020. Moti Lal Mullick was appointed as Director on 23 Jun 2020. Ikaru Projects has 7 board changes on record in total.
The registered office of Ikaru Projects is at 79 Udyog Vihar Phase – VI Sector – 37, Gurgaon, Haryana, India – 122001.