
Iks Cares Foundation
About Iks Cares Foundation
Data last updated:
Iks Cares Foundation is a private not for profit company based in Thane, Maharashtra, India. It was incorporated on 18 October 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U88900MH2023NPL412455.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mitul Dipak Thakker and Nithya Balasubramanian.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hiranandani Business Park, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.65 Lakh (net margin -16.9%) and EBITDA of -₹9.65 Lakh (EBITDA margin -16.9%).
Company details
Contact details
Iks Cares Foundation's registered office is in Thane, Maharashtra.
- Registered AddressWework Zenia 4th Floor, Hiranandani Business Park, Thane, Maharashtra, India – 400607
- 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 Iks Cares Foundation
FY 2025 filings availableIks Cares Foundation reported revenue of ₹57 Lakh (up 185% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 185% in the latest year. EBITDA fell 180% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | -₹9.65 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹9.65 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
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -16.9% | |
| Net Profit Margin | -16.9% | |
| 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 | ||
To see the full financial statements and ratios of Iks Cares Foundation, buy the company report.
Board of directors of Iks Cares Foundation
Iks Cares Foundation 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 |
|---|---|---|---|---|
| Mitul Dipak Thakker Also directs: Aquity Solutions India Private Limited | Director | 18 Oct 2023 | 3 Years 0 Months | Current |
| Nithya Balasubramanian | Director | 11 Jun 2024 | 2 Years 4 Months | Current |
| Gaurav Jain | Director | 11 Jun 2024 | 2 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Iks Cares Foundation 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 Iks Cares Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Iks Cares Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Iks Cares Foundation has 7 board changes on record since 2023: 4 appointments and 3 cessations. The latest: Gaurav Jain ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Iks Cares Foundation is an active private not for profit company based in Thane, Maharashtra, India. It was incorporated on 18 October 2023 (3+ years old) and is registered under CIN U88900MH2023NPL412455.
Iks Cares Foundation has 3 current directors:
- Mitul Dipak Thakker - Director
- Nithya Balasubramanian - Director
- Gaurav Jain - Director
The latest financial statements of Iks Cares Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Iks Cares Foundation is U88900MH2023NPL412455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iks Cares Foundation was incorporated on 18 October 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Gaurav Jain ceased to be Additional Director on 29 Sep 2024. Nithya Balasubramanian ceased to be Additional Director on 29 Sep 2024. Ananda Kumar Prabhakaran ceased to be Director on 11 Jun 2024. Iks Cares Foundation has 7 board changes on record in total.
The registered office of Iks Cares Foundation is at Wework Zenia 4th Floor, Hiranandani Business Park, Thane, Maharashtra, India – 400607.
Iks Cares Foundation can be reached at its registered office: Wework Zenia 4th Floor, Hiranandani Business Park, Thane, Maharashtra, India – 400607.
Iks Cares Foundation is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.

