About Indiabulls Enterprises Limited
Data last updated: 21 December 2025
Indiabulls Enterprises Limited was a public limited company based in Gurgaon, Haryana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in real estate financing, a part of the broader financial services sector. Incorporated on 02 January 2019.
Registered with ROC Delhi under CIN L71290HR2019PLC077579. Listed on BSE: 543715.
Capital: an authorised share capital of ₹70 Cr and a paid-up capital of ₹39.67 Cr. It was led by directors including Shamsher Singh Ahlawat and Prem Prakash Mirdha.
Last AGM: 26 September 2024. Financial statements filed for year ended 31 March 2024. Office: 5Th Floor Plot No. 108 It Park Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016.
As per NSE-filed consolidated financials for FY 2024, the company reported a revenue of ₹55.53 Cr, a decline of 32.26% compared to the previous year. The net worth stands at ₹245.74 Cr (down 9.35% YoY). Total assets are valued at ₹525.94 Cr (up 45.31% YoY).
The company had a reported workforce of approximately 12 employees prior to being dissolved. Its group structure included 3 subsidiaries.
The company was associated with 2 brands - Indiabulls Led, Indiabulls Enterprises. As per MCA filings, the company had open charges of ₹2.56 Cr and satisfied charges of ₹236.52 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is indiabullsenterprises.com.
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Registered Address5Th Floor Plot No. 108 It Park Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016
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IndustryFinancial Services, Real Estate Financing, Diversified Financial Services, Equipment Leasing & Financing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Indiabulls Enterprises Limited
Indiabulls Enterprises Limited has one previous CIN (Corporate Identification Number): U71290HR2019PLC077579. The current CIN is L71290HR2019PLC077579, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L71290HR2019PLC077579 | Current |
| U71290HR2019PLC077579 | Previous |
Associated Brands with Indiabulls Enterprises Limited
Indiabulls Enterprises Limited operates two associated brands: Indiabulls LED and Indiabulls Enterprises. These brands represent Indiabulls Enterprises Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Indiabulls LED delivers comprehensive solutions for efficient lighting fixtures and control devices. | indiabullsled.com | |
| Diversified conglomerate engaged in infrastructure and construction equipment leasing, LED lighting, pharmaceuticals, and other industries | indiabullsenterprises.com |
Competitors & Alternatives of Indiabulls Enterprises Limited
Brands and companies operating in the same space as Indiabulls Enterprises Limited include Particle, Landis+Gyr, Signify and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Particle
|
IoT connectivity platform from prototype to production is developed. | San Francisco, United States, United States | 2011 |
Landis+Gyr
|
End-to-end energy management solutions are provided for utilities worldwide. | Zug, Switzerland, Switzerland | 1896 |
Signify
|
Signify is recognized as a global leader in lighting solutions. | Eindhoven, Netherlands, Netherlands | 1891 |
Span.IO
|
Smart panels for home energy management are provided by Span.IO. | San Francisco, United States, United States | 2014 |
PowerSecure
|
Energy efficiency and smart grid management solutions | Wake Forest, United States, United States | 1991 |
Resideo
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Smart home products for security and energy efficiency are provided. | Wilmington, United States, United States | 2018 |
Nanoleaf
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Energy-efficient smart lightbulbs are developed by Nanoleaf. | Toronto, Canada, Canada | 2012 |
Osram
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Automotive lighting equipment is manufactured by Osram in Germany. | Munich, Germany, Germany | 1919 |
Business Activity of Indiabulls Enterprises Limited
Indiabulls Enterprises Limited is engaged in the principal business activity of support service to organizations, with detailed activities including rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details for Indiabulls Enterprises Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Indiabulls Enterprises Limited
Indiabulls Enterprises Limited is audited by Agarwal Prakash & Co. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Agarwal Prakash & Co. | Locked | Locked | Locked |
Complete auditor history for Indiabulls Enterprises Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors and KMP of Indiabulls Enterprises Limited
Indiabulls Enterprises Limited currently reports 6 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shamsher Singh Ahlawat
Also directs:
Indiabulls Pharmacare Limited, Indiabulls Condominiums Limited
|
Director | 29 Aug 2022 | 3 Years 11 Months | As last reported |
| Prem Prakash Mirdha | Director | 29 Aug 2022 | 3 Years 11 Months | As last reported |
|
Sargam Kataria
Also directs:
Indiabulls Asset Reconstruction Company Limited, Dhani Loans And Services Limited, Mackennas Minerals Private Limited and 5 more
|
Director | 29 Aug 2022 | 3 Years 11 Months | As last reported |
| Gurinder Singh | Director | 29 Aug 2022 | 3 Years 11 Months | As last reported |
| Supriya Bhatnagar | Director | 29 Aug 2022 | 3 Years 11 Months | As last reported |
| Riyaz Javed Khan | Whole-Time Director | 25 Jul 2025 | 1 Years 0 Months | As last reported |
Financials of Indiabulls Enterprises Limited FY 2024 filings available
Indiabulls Enterprises Limited reported revenue of ₹55.53 Cr (down 32.26% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Revenue from Operations | ₹55.53 Cr | ₹81.97 Cr |
| Other Income | ₹3.23 Cr | ₹6 Cr |
| Total Income | ₹58.76 Cr | ₹87.97 Cr |
| Cost of Materials Consumed | ₹22.1 Cr | ₹26.41 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 |
| Employee Benefit Expense | ₹8.59 Cr | ₹10.49 Cr |
| Finance Costs | ₹4.81 Cr | ₹4.5 Cr |
| Depreciation & Amortisation | ₹19.3 Cr | ₹19.64 Cr |
| Other Expenses | ₹29.16 Cr | ₹12.18 Cr |
| Total Expenses | ₹83.96 Cr | ₹73.22 Cr |
| Profit Before Exceptional Items & Tax | -₹25.2 Cr | ₹14.75 Cr |
| Exceptional Items | ₹0 | -₹9.06 Cr |
| Profit Before Tax | -₹25.2 Cr | ₹5.69 Cr |
| Total Tax Expense | ₹1.95 Cr | ₹3.46 Cr |
| Net Profit | -₹25.24 Cr | ₹4.13 Cr |
| attributable to Owners | ₹0 | ₹0 |
| attributable to NCI | ₹0 | ₹0 |
| Other Comprehensive Income | -₹9 Lakh | ₹46 Lakh |
| Total Comprehensive Income | -₹25.33 Cr | ₹4.59 Cr |
| EBITDA (computed) | -₹1.09 Cr | ₹38.89 Cr |
| Basic EPS | ₹-1.37 | ₹0.11 |
| Diluted EPS | ₹-1.37 | ₹0.11 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹525.94 Cr | ₹361.94 Cr |
| Non-current Assets | ₹134.35 Cr | ₹175.89 Cr |
| Current Assets | ₹391.33 Cr | ₹182.72 Cr |
| Property, Plant & Equipment | ₹85.7 Cr | ₹107.21 Cr |
| Inventories | ₹61 Lakh | ₹96 Lakh |
| Trade Receivables | ₹19.02 Cr | ₹31.27 Cr |
| Cash & Equivalents | ₹7.01 Cr | ₹10.52 Cr |
| Equity (Net Worth) | ₹245.74 Cr | ₹271.08 Cr |
| Equity Share Capital | ₹39.67 Cr | ₹39.67 Cr |
| Borrowings (Non-current) | ₹26.97 Cr | ₹51.93 Cr |
| Borrowings (Current) | ₹224.3 Cr | ₹4.43 Cr |
| Total Debt (computed) | ₹251.27 Cr | ₹56.36 Cr |
| Current Liabilities | ₹251.09 Cr | ₹28.72 Cr |
| Total Liabilities | ₹280.2 Cr | ₹90.86 Cr |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Operating Cash Flow | ₹39.41 Cr | ₹232.98 Cr |
| Investing Cash Flow | -₹8.59 Cr | ₹5.47 Cr |
| Financing Cash Flow | -₹34.33 Cr | -₹234.18 Cr |
| Capital Expenditure | ₹15.64 Cr | ₹1.77 Cr |
| Free Cash Flow (computed) | ₹23.77 Cr | ₹231.21 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | -₹3.51 Cr | ₹4.27 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Discontinued Operations | ₹2 Lakh | ₹1.91 Cr | - | - |
| Equipment renting services | ₹48.56 Cr | -₹14.95 Cr | - | - |
| Financing and related activities | ₹6.97 Cr | -₹3.75 Cr | - | - |
| Management and maintenance services | ₹0 | ₹0 | - | - |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Revenue from Operations | ₹47.18 Cr | ₹74.91 Cr |
| Other Income | ₹1.25 Cr | ₹9.8 Cr |
| Total Income | ₹48.43 Cr | ₹84.71 Cr |
| Cost of Materials Consumed | ₹21.51 Cr | ₹26.42 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 |
| Employee Benefit Expense | ₹6.34 Cr | ₹7.92 Cr |
| Finance Costs | ₹12.63 Cr | ₹15.08 Cr |
| Depreciation & Amortisation | ₹18.09 Cr | ₹18.39 Cr |
| Other Expenses | ₹22.86 Cr | ₹10.4 Cr |
| Total Expenses | ₹81.43 Cr | ₹78.21 Cr |
| Profit Before Exceptional Items & Tax | -₹33 Cr | ₹6.5 Cr |
| Exceptional Items | ₹0 | -₹375.06 Cr |
| Profit Before Tax | -₹33 Cr | -₹368.56 Cr |
| Total Tax Expense | -₹57 Lakh | ₹36 Lakh |
| Net Profit | -₹33.39 Cr | -₹383.46 Cr |
| Other Comprehensive Income | ₹31 Lakh | ₹46 Lakh |
| Total Comprehensive Income | -₹33.08 Cr | -₹383 Cr |
| EBITDA (computed) | -₹2.28 Cr | ₹39.97 Cr |
| Basic EPS | ₹-1.63 | ₹-18.59 |
| Diluted EPS | ₹-1.63 | ₹-18.59 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹730.89 Cr | ₹753.72 Cr |
| Non-current Assets | ₹600.52 Cr | ₹488.26 Cr |
| Current Assets | ₹130.11 Cr | ₹262.26 Cr |
| Property, Plant & Equipment | ₹83.25 Cr | ₹106.22 Cr |
| Inventories | ₹61 Lakh | ₹96 Lakh |
| Trade Receivables | ₹19.01 Cr | ₹31.26 Cr |
| Cash & Equivalents | ₹5.52 Cr | ₹2.35 Cr |
| Equity (Net Worth) | ₹575.71 Cr | ₹608.8 Cr |
| Equity Share Capital | ₹39.67 Cr | ₹39.67 Cr |
| Borrowings (Non-current) | ₹126.59 Cr | ₹1.98 Cr |
| Borrowings (Current) | ₹5.35 Cr | ₹120.46 Cr |
| Total Debt (computed) | ₹131.94 Cr | ₹122.44 Cr |
| Current Liabilities | ₹27.18 Cr | ₹134.15 Cr |
| Total Liabilities | ₹155.18 Cr | ₹144.92 Cr |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Operating Cash Flow | ₹13.46 Cr | ₹242.92 Cr |
| Investing Cash Flow | -₹9.09 Cr | -₹215.6 Cr |
| Financing Cash Flow | -₹1.2 Cr | -₹29.07 Cr |
| Capital Expenditure | ₹13.77 Cr | ₹2.13 Cr |
| Free Cash Flow (computed) | -₹31 Lakh | ₹240.79 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹3.18 Cr | -₹1.75 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Discontinued Operations | ₹2 Lakh | -₹96 Lakh | - | - |
| Equipment renting services | ₹47.18 Cr | -₹16.47 Cr | - | - |
| Management and maintenance services | ₹0 | ₹0 | - | - |
Ownership and Shareholding of Indiabulls Enterprises Limited
Shareholding and ownership data for Indiabulls Enterprises Limited
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Group Structure of Indiabulls Enterprises Limited
Indiabulls Enterprises Limited has 3 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Indiabulls Enterprises Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Indiabulls Pharmacare Limited | U46909HR2019PLC077935 | - |
| Indiabulls Condominiums Limited | U68200HR2007PLC116169 | - |
| Indiabulls Rural Finance Private Limited | U74140MH1993PTC074596 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Indiabulls Enterprises Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2022 | Others | ₹65 Cr | Satisfied |
| 07 Feb 2022 | Others | ₹45 Cr | Satisfied |
| 08 Dec 2021 | Axis Bank Limited | ₹2.45 Cr | Satisfied |
| 10 Jun 2019 | Axis Bank Limited | ₹1.02 Cr | Satisfied |
| 26 Feb 2019 | Hdfc Bank Limited | ₹4.99 Cr | Satisfied |
Total charge records: 44 View all charges
Employees and EPFO Compliance at Indiabulls Enterprises Limited
Indiabulls Enterprises Limited has a workforce of 12 employees as of Apr 08, 2025.
Employee and EPFO history for Indiabulls Enterprises Limited
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GST Compliance of Indiabulls Enterprises Limited
GST registrations and filing compliance for Indiabulls Enterprises Limited
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Credit Ratings, Litigation & Regulatory Alerts for Indiabulls Enterprises Limited
Credit ratings, litigation, and regulatory alerts for Indiabulls Enterprises Limited
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MSME Payment Delays by Indiabulls Enterprises Limited
MSME payment history for Indiabulls Enterprises Limited
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Subsidiaries & Group Companies of Indiabulls Enterprises Limited
Corporate group structure for Indiabulls Enterprises Limited
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MCA Filings & Documents of Indiabulls Enterprises Limited
MCA filings and documents for Indiabulls Enterprises Limited
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Recent Activity on Indiabulls Enterprises Limited
Recent News on Indiabulls Enterprises Limited
Frequently Asked Questions about Indiabulls Enterprises Limited
Indiabulls Enterprises Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Indiabulls Enterprises Limited is a amalgamated public limited company in the financial services sector based in Gurgaon, Haryana, India. It was incorporated on 02 January 2019 and is registered under CIN L71290HR2019PLC077579. Listed on BSE: 543715. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Indiabulls Enterprises Limited was incorporated on 02 January 2019. Registered with ROC Delhi.
The current directors and KMP of Indiabulls Enterprises Limited are:
- Shamsher Singh Ahlawat - Director
- Prem Prakash Mirdha - Director
- Sargam Kataria - Director
- Gurinder Singh - Director
- Supriya Bhatnagar - Director
- Riyaz Javed Khan - Whole-Time Director
- Saurabh Garg - Cfo
The CIN (Corporate Identification Number) of Indiabulls Enterprises Limited is L71290HR2019PLC077579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Indiabulls Enterprises Limited is financial services. The company specifically operates in real estate financing.