About Indradhanush Gas Grid Limited
Data last updated:
Indradhanush Gas Grid Limited is a public limited union government company based in Guwahati, Assam, India. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 10 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U40300AS2018GOI018660. Its GSTIN is 18AAECI9589F1ZZ (Assam). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹2,500 Cr and a paid-up capital of ₹1,152.8 Cr. It is led by directors including Kajal Saikia and Manish Botke.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Nrl Centre G.S. Road Christian Basti, Guwahati, Assam, India – 781005.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.03 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net loss of ₹16.93 Cr (net margin -153.5%) and EBITDA of ₹3.18 Cr (EBITDA margin 28.9%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 46% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indradhanush Gas Grid. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 51 cases involving the company, including 6 filed by the company and 45 filed against it; 21 cases are pending. The company has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in March 2025. Its 10 peer companies in the Oil and Gas industry (Exploration and Production) are compared by revenue, 5 larger and 5 smaller; the largest is GTC Techno Exploration Private Limited with revenue of ₹14.11 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2021, listing 2 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iggl.co.in.
Company details
Contact details
Indradhanush Gas Grid Limited's registered office is in Guwahati, Assam. Its website is iggl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor Nrl Centre G.S. Road Christian Basti, Guwahati, Assam, India – 781005
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Indradhanush Gas Grid 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
Brands
Indradhanush Gas Grid operates one associated brand: Indradhanush Gas Grid. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributor of oil and gas | iggl.co.in |
Financials of Indradhanush Gas Grid Limited
FY 2025 filings availableIndradhanush Gas Grid Limited reported revenue of ₹11.03 Cr (up 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 84% growth in the latest year. EBITDA rose 198% 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 |
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| EBITDA | ₹3.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.93 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.9% | ||||
| Net Profit Margin | -153.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indradhanush Gas Grid Limited, buy the company report.
Board of directors of Indradhanush Gas Grid Limited
Indradhanush Gas Grid has 6 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kajal Saikia | Director | 01 May 2025 | 1 Years 6 Months | Current |
| Manish Botke Also directs: Kochi Salem Pipeline Private Limited | Director | 01 Jul 2025 | 1 Years 4 Months | Current |
| Rupshikha Saikia Borah Also directs: Assam Industrial Development Corporation Limited | Director | 13 Aug 2024 | 2 Years 3 Months | Current |
| Bhaskar Chowdary Nettem Also directs: Oil and Natural Gas Corporation Limited | Director | 01 Jun 2024 | 2 Years 5 Months | Current |
| Dilip Kumar Goswami Also directs: Arunachal Gas Private Limited | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
| Anoop Gupta | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Indradhanush Gas Grid Limited is compared with the 10 companies closest to it by revenue in the Oil and Gas industry (Exploration and Production), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GTC Techno Exploration Private Limited | ₹14.11 Cr (FY 2024) | -64.0% | Ahmedabad, Gujarat, India | |||
| Ofs Industries Private Limited | ₹12.92 Cr (FY 2024) | 97.0% | Mumbai, Maharashtra, India | |||
| Autocare Petro Products Private Limited | ₹12.61 Cr (FY 2025) | 521.0% | Mumbai, Maharashtra, India | |||
| Geoenpro Petroleum Limited | ₹11.25 Cr (FY 2025) | -3.0% | Delhi, India | |||
| B.S.C.C. Exploration Private Limited | ₹11.21 Cr (FY 2025) | 16.0% | Mehsana, Gujarat, India | |||
| Indradhanush Gas Grid Limitedthis company | ₹11.03 Cr (FY 2025) | -₹16.93 Cr | -153.5% | 84.0% | 59 | Guwahati, Assam, India |
| Punjab Oxygen Private Limited | ₹10.47 Cr (FY 2025) | 21.0% | Punjab, India | |||
| Oil India International Limited | ₹8.61 Cr (FY 2019) | 20.0% | New Delhi, Delhi, India | |||
| Malegaon Solvex Private Limited | ₹8.41 Cr (FY 2025) | 7288.0% | Mumbai, Maharashtra, India | |||
| S V Greentech Private Limited | ₹8.05 Cr (FY 2025) | 5703.0% | Thane, Maharashtra, India | |||
| MTC Air Liquid Private Limited | ₹7.17 Cr (FY 2025) | 49.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Indradhanush Gas Grid Limited, buy the company report.
Auditor
Indradhanush Gas Grid Limited is audited by M/s Manish Rajkumar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s Manish Rajkumar & Co. | FY 2023 | 324945E |
Shareholding
The shareholding of Indradhanush Gas Grid Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indradhanush Gas Grid Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2018 | 100228596 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Indradhanush Gas Grid Limited has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in March 2025.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹41 Cr | Investors: Indian Oil Corporation Limited , Oil and Natural Gas Corporation Limited , Gail (India) Limited |
| Jun 2023 | Rights issue | ₹121.8 Cr | Investors: Indian Oil Corporation Limited , Oil and Natural Gas Corporation Limited , Gail (India) Limited |
| Feb 2020 | Rights issue | ₹720 Cr | Investors: Indian Oil Corporation Limited , Oil and Natural Gas Corporation Limited , Gail (India) Limited |
| Oct 2018 | Rights issue | ₹30 Cr | Investors: Indian Oil Corporation Limited , Oil India Limited , Numaligarh Refinery Ltd |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Indian Oil Corporation Limited & Pankaj Kumar Sinha |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indradhanush Gas Grid Limited has 51 court cases on record: 6 filed by Indradhanush Gas Grid, 45 filed against it. 21 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 29 | 16 |
| High courts | 18 | 16 | 5 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Gauhati High Court | Arbitration matter | Filed against the company by Man Industries (India) Limited | Pending |
| Gauhati High Court | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Jalpaiguri, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Dhalai, Tripura | Court case (TS) | Filed against the company | Pending |
| Gauhati High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Indradhanush Gas Grid 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.
Credit ratings & regulatory alerts
Indradhanush Gas Grid Limited was last rated by Care on 05 Aug 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Aug 2026 |
To see the full credit ratings and regulatory alerts of Indradhanush Gas Grid Limited, buy the company report.
MSME payment delays
Indradhanush Gas Grid Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indian Resources Information and Management Technologies Private Limited | |||
| SKP Projects Private Limited |
To see the full MSME payment records of Indradhanush Gas Grid Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Indradhanush Gas Grid Limited has a workforce of 59 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 59 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Indradhanush Gas Grid Limited, buy the company report.
GST
Indradhanush Gas Grid has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AAECI9589F1ZZ | Assam | Active | 27 Sep 2018 |
| 16AAECI9589F1Z3 | Tripura | Active | 21 Aug 2021 |
| 12AAECI9589F1ZB | Arunachal Pradesh | Active | 17 Dec 2021 |
| 17AAECI9589F1Z1 | Meghalaya | Active | 17 Feb 2022 |
To see the full GST registrations and return filing status of Indradhanush Gas Grid Limited, buy the company report.
Recent activity
Indradhanush Gas Grid Limited has 50 board changes on record since 2018: 28 appointments and 22 cessations. The latest: Manish Botke was appointed as Director on 01 Jul 2025.
42 earlier events are in the company report.
News
Frequently asked questions
Indradhanush Gas Grid is an active public limited union government company based in Guwahati, Assam, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 10 August 2018 (8+ years old) and is registered under CIN U40300AS2018GOI018660.
Indradhanush Gas Grid has 6 current directors:
- Kajal Saikia - Director
- Manish Botke - Director
- Rupshikha Saikia Borah - Director
- Bhaskar Chowdary Nettem - Director
- Dilip Kumar Goswami - Director
- Anoop Gupta - Director
The latest financial statements of Indradhanush Gas Grid on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Indradhanush Gas Grid is 18AAECI9589F1ZZ, registered in Assam. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 16AAECI9589F1Z3 (Tripura), 12AAECI9589F1ZB (Arunachal Pradesh), 17AAECI9589F1Z1 (Meghalaya).
The CIN (Corporate Identification Number) of Indradhanush Gas Grid is U40300AS2018GOI018660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indradhanush Gas Grid has 51 court cases on record: 6 filed by the company and 45 filed against it. 21 are pending. Most are in the district courts.
Indradhanush Gas Grid was incorporated on 10 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Guwahati.
Indradhanush Gas Grid has 5 deals on record (4 rights issues, 1 secondary share transfer); the latest was in March 2025.
The peers of Indradhanush Gas Grid by revenue are GTC Techno Exploration Private Limited, Ofs Industries Private Limited, Autocare Petro Products Private Limited, Geoenpro Petroleum Limited, B.S.C.C. Exploration Private Limited and 5 more, all in the Oil and Gas industry (Exploration and Production).
Manish Botke was appointed as Director on 01 Jul 2025. Nachimuthu Senthil Kumar ceased to be Director on 30 Jun 2025. Kajal Saikia was appointed as Director on 01 May 2025. Indradhanush Gas Grid has 50 board changes on record in total.
Indradhanush Gas Grid has 2 MSME Form 1 returns on record between 2020 and 2021, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 24 Oct 2020.
Indradhanush Gas Grid can be reached through the website iggl.co.in. Its registered office is in Guwahati, Assam, India.
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