About I-Logicon Control Automation Private Limited
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I-Logicon Control Automation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 15 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29221KA2003PTC032261. Its GSTIN is 29AABCI1250J1ZO (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Mariyapp Shashi Kumar (Managing Director) and Bhaskar Shenoy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 797 10th Main 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.43 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹28.1 Lakh (net margin 1.6%) and EBITDA of ₹1.63 Cr (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹9.92 Cr and satisfied charges of ₹17.93 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website i-logicon.co.in.
Company details
Contact details
I-Logicon Control Automation Private Limited's registered office is in Bangalore, Karnataka. Its website is i-logicon.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address797 10th Main 4th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of I-Logicon Control Automation 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
Business activity
The main business activity of I-Logicon Control Automation is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of I-Logicon Control Automation Private Limited, buy the company report.
Financials of I-Logicon Control Automation Private Limited
FY 2022 filings availableI-Logicon Control Automation Private Limited reported revenue of ₹17.43 Cr (down 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹17.43 Cr | ||||
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| EBITDA | ₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of I-Logicon Control Automation Private Limited, buy the company report.
Board of directors of I-Logicon Control Automation Private Limited
I-Logicon Control Automation has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mariyapp Shashi Kumar Also directs: Zen Power India Private Limited | Managing Director | 15 Jul 2003 | 23 Years 3 Months | Current |
| Bhaskar Shenoy | Director | 15 Jul 2003 | 23 Years 3 Months | Current |
Auditor
I-Logicon Control Automation Private Limited is audited by VENUGOPAL BHAT & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENUGOPAL BHAT & CO | FY 2022 | 006506S |
Shareholding
The shareholding of I-Logicon Control Automation Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I-Logicon Control Automation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2022 | 100622943 | Karnataka Bank Ltd. | ₹60 Lakh | Open | |
| 06 Jan 2007 | 10031982 | Karnataka State Financial Corporation | ₹21.6 Lakh | Open | |
| 22 Nov 2006 | 10028050 | Karnataka State Financial Corporation | ₹10 Lakh | Open | |
| 21 May 2004 | 80011874 | Karnataka Bank Ltd. | ₹9 Cr | Open | |
| 07 Jul 2020 | 100371124 | Others | ₹34 Lakh | Satisfied |
To see the full charge records of I-Logicon Control Automation Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
I-Logicon Control Automation Private Limited has 7 court cases on record: 2 filed by I-Logicon Control Automation, 5 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Delton Control and Switchgears LLP | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Rittal Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Rittal Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Lotus Powergear Pvt Ltd | Disposed |
| District court, Durg, Chhattisgarh | Court case (CS B) | Filed by the company against Evo Tech Pvt.Ltd. | Disposed |
To see the full case history of I-Logicon Control Automation 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 I-Logicon Control Automation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I-Logicon Control Automation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI1250J1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of I-Logicon Control Automation Private Limited, buy the company report.
Recent activity
I-Logicon Control Automation Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Mariyappa Satish Kumar ceased to be Director on 22 Nov 2019.
29 earlier events are in the company report.
Frequently asked questions
I-Logicon Control Automation is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 15 July 2003 (23+ years old) and is registered under CIN U29221KA2003PTC032261.
I-Logicon Control Automation has 2 current directors:
- Mariyapp Shashi Kumar - Managing Director
- Bhaskar Shenoy - Director
The latest financial statements of I-Logicon Control Automation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of I-Logicon Control Automation is 29AABCI1250J1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of I-Logicon Control Automation is U29221KA2003PTC032261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Logicon Control Automation has 7 court cases on record: 2 filed by the company and 5 filed against it. 1 is pending.
I-Logicon Control Automation was incorporated on 15 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Mariyappa Satish Kumar ceased to be Director on 22 Nov 2019. Srinivas Chaitra ceased to be Director on 22 Nov 2019. Bhaskar Shenoy was appointed as Director on 15 Jul 2003. I-Logicon Control Automation has 4 board changes on record in total.
I-Logicon Control Automation can be reached through the website i-logicon.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of I-Logicon Control Automation is at 797 10th Main 4th Block Jayanagar, Bangalore, Karnataka, India – 560011.