India's Richest People 2026 edition · 1 director · Source: Hurun India
- #87 Bhushan Dua & family ₹36,300 Cr
Revenue · FY 2025
₹741.58 Cr
▲ 42% YoY
EBITDA · FY 2025
₹702.92 Cr
EBITDA margin 94.8%
Company age
57 yrs
Est. 1969
Employees · EPFO
191
Provident fund records
Directors on board
18
As per MCA filings
Active GSTINs
10
of 14 registered
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date
About The Indian Performing Right Society Limited
Data last updated:
The Indian Performing Right Society Limited is a public limited guarantee & association company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 23 August 1969 and has been in existence for over 57 years.
Its director Bhushan Dua and family are #87 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92140MH1969GAP014359. Its GSTIN is 27AAACT1594K1Z1 (Maharashtra). The company holds 14 GST registrations, of which 10 are active.
It is led by directors including Ahmed Syed Aliahmed and Subhas Chandra Bose Kanukuntla.
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 208 Golden Chambers New Andheri Link Road Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹741.58 Cr, a growth of 42% compared to the previous year. For the same year it recorded EBITDA of ₹702.92 Cr (EBITDA margin 94.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 191 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IPRS. Court records list 371 cases involving the company, including 252 filed by the company and 119 filed against it; 101 cases are 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 iprs.org.
Company details
CIN U92140MH1969GAP014359
Registration Number 014359
Incorporation Date 23 August 1969
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
CIN history
The Indian Performing Right Society has one previous CIN (Corporate Identification Number): U92140MH1969PLC014359. The current CIN is U92140MH1969GAP014359, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U92140MH1969GAP014359 | Current |
| U92140MH1969PLC014359 | Previous |
Key People
Dinraj Karunakara Shetty Nominee Director Vikram Mehra Nominee Director Ahmed Syed Aliahmed Director Recognitions & Rankings of The Indian Performing Right Society
Contact details
The Indian Performing Right Society Limited's registered office is in Mumbai, Maharashtra. Its website is iprs.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address208 Golden Chambers New Andheri Link Road Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of The Indian Performing Right Society Limited, buy the company report.
Comprehensive company report
The Indian Performing Right Society Limited - one report that includes everything
- 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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Business activity
The main business activity of The Indian Performing Right Society is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 59 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of The Indian Performing Right Society Limited, buy the company report.
Financials of The Indian Performing Right Society Limited
FY 2025 filings availableThe Indian Performing Right Society Limited reported revenue of ₹741.58 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹741.58 Cr ▲ 42%
EBITDA · FY 2025
₹702.92 Cr margin 94.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 42% growth in the latest year. EBITDA rose 43% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹741.58 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹702.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.8% | ||||
| Net Profit Margin | |||||
| 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 The Indian Performing Right Society Limited, buy the company report.
Board of directors of The Indian Performing Right Society Limited
The Indian Performing Right Society has 18 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinraj Karunakara Shetty | Nominee Director | 26 Sep 2023 | 3 Years 1 Months | Current |
| Vikram Mehra Also directs: Saregama India Limited, Indecent Foods Private Limited, Editorji Technologies Private Limited and 1 more | Nominee Director | 31 Mar 2017 | 9 Years 7 Months | Current |
| Ahmed Syed Aliahmed | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Neeraj Kalyan Also directs: Super Cassettes Industries Private Limited | Alternate Director | 30 Oct 2025 | 1 Years 0 Months | Current |
| Subhas Chandra Bose Kanukuntla | Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Sameer Pandey Also directs: Aumora Music LLP | Director | 23 Dec 2019 | 6 Years 10 Months | Current |
Showing 6 of 18 current directors. View all directors
Auditor
The Indian Performing Right Society Limited is audited by RK KHANNA & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RK KHANNA & ASSOCIATES | FY 2025 | 105082W |
Shareholding
The shareholding of The Indian Performing Right Society Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of The Indian Performing Right Society Limited, buy the company report.
Legal cases
The Indian Performing Right Society Limited has 371 court cases on record: 252 filed by The Indian Performing Right Society, 119 filed against it. 101 cases are pending and 270 are disposed.
Total cases
371
Filed by the company
252
Filed against the company
119
Pending
101
Disposed
270
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 262 | 64 | 78 |
| District courts | 84 | 44 | 21 |
| Supreme Court | 17 | 11 | 2 |
| NCLAT | 5 | 0 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 371)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by Noise and Grains Private Limited | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Hotel Appolo and Tours Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Star India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.M.A) | Filed against the company by M/S Mars | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against V and Ro Hospitality Private Limited | Pending |
To see the full case history of The Indian Performing Right Society 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
The Indian Performing Right Society Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chemtrols Infotech Private Limited | |||
| an individual supplier | |||
| Dreamsoft IT Solutions Private Limited |
To see the full MSME payment records of The Indian Performing Right Society Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
The Indian Performing Right Society Limited has a workforce of 191 employees on its EPFO records as of Oct 20, 2025, across 1 active EPFO establishment.
Employee count
191
Active EPFO establishments
1
Employee growth
2.69%
GST
The Indian Performing Right Society has 14 GST registrations: 10 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
10
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1594K1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACT1594K2Z0 | Maharashtra | Active | 09 Jun 2025 |
| 07AAACT1594K1Z3 | Delhi | Active | 09 Aug 2017 |
| 08AAACT1594K1Z1 | Rajasthan | Active | 10 Aug 2017 |
To see the full GST registrations and return filing status of The Indian Performing Right Society Limited, buy the company report.
Recent activity
The Indian Performing Right Society Limited has 55 board changes on record since 2009: 18 appointments and 37 cessations. The latest: Vinay Kumar Guwalani was appointed as Alternate Director on 31 Oct 2025.
Appointed
Vinay Kumar Guwalani was appointed as Alternate Director.
Appointed
Neeraj Kalyan was appointed as Alternate Director.
AGM
The Indian Performing Right Society Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Ceased
Neeraj Kalyan ceased to be Alternate Director.
Ceased
Priti Suhas Deshpande ceased to be Alternate Director.
Filing
The Indian Performing Right Society Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Ahmed Syed Aliahmed was appointed as Director.
Ceased
Sagarika Ajit Bam ceased to be Additional Director.
Ceased
Sneha Subhash Khanwalkar ceased to be Additional Director.
Ceased
Subhas Chandra Bose Kanukuntla ceased to be Additional Director.
Appointed
Sagarika Ajit Bam was appointed as Nominee Director.
Appointed
Sneha Subhash Khanwalkar was appointed as Director.
46 earlier events are in the company report.
Frequently asked questions
The Indian Performing Right Society is an active public limited guarantee & association based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 23 August 1969 (57+ years old) and is registered under CIN U92140MH1969GAP014359.
The Indian Performing Right Society has 18 current directors:
- Dinraj Karunakara Shetty - Nominee Director
- Vikram Mehra - Nominee Director
- Ahmed Syed Aliahmed - Director
- Neeraj Kalyan - Alternate Director
- Subhas Chandra Bose Kanukuntla - Director
- Sameer Pandey - Director
- Bhushan Dua - Nominee Director
- Aditya Gupta - Nominee Director
- Devraj Sugata Sanyal - Nominee Director
- Harris Jayakumar Jayaraj - Director
- Javed Jannisar Akhtar - Director
- Vinay Kumar Guwalani - Alternate Director
- Mayur Puri Arunkumar - Director
- Sushilkumar Shankarlal Agrawal - Nominee Director
- Samirsen Sambhusen Sen - Director
- Mandar Ramesh Thakur - Nominee Director
- Sneha Subhash Khanwalkar - Director
- Sagarika Ajit Bam - Nominee Director
The latest financial statements of The Indian Performing Right Society 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 2015 are in the company report.
The GSTIN of The Indian Performing Right Society is 27AAACT1594K1Z1, registered in Maharashtra. The company has 14 GST registrations in all, of which 10 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACT1594K2Z0 (Maharashtra), 07AAACT1594K1Z3 (Delhi), 08AAACT1594K1Z1 (Rajasthan).
The CIN (Corporate Identification Number) of The Indian Performing Right Society is U92140MH1969GAP014359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Indian Performing Right Society has 371 court cases on record: 252 filed by the company and 119 filed against it. 101 are pending. Most are in the high courts.
The Indian Performing Right Society was incorporated on 23 August 1969, making it 57+ years old. It is registered with the Registrar of Companies, Mumbai.
Vinay Kumar Guwalani was appointed as Alternate Director on 31 Oct 2025. Neeraj Kalyan was appointed as Alternate Director on 30 Oct 2025. Neeraj Kalyan ceased to be Alternate Director on 23 Sep 2025. The Indian Performing Right Society has 55 board changes on record in total.
The Indian Performing Right Society has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 16 Dec 2023.
The Indian Performing Right Society can be reached through the website iprs.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of The Indian Performing Right Society is at 208 Golden Chambers New Andheri Link Road Andheri W, Mumbai, Maharashtra, India – 400053.
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