MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0065958
Industrial Refrigeration Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.14 Cr
▲ 125% YoY
Net profit · FY 2025
₹18.09 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹18.53 Lakh
EBITDA margin 3.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.89 Lakh
Issued & subscribed
Company age
31 yrs
Est. 1995
Employees · EPFO
2
Provident fund records
Directors on board
3
As per MCA filings
About Industrial Refrigeration Private Limited
Data last updated:
Industrial Refrigeration Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the white goods retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 28 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U79191MH1995PTC094834. Its GSTIN is 27AAACI1562N1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.89 Lakh. It is led by directors including Advait Krishna Ruia and Shephali Ajaykant Ruia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 901 Maker Chambers Vnariman Point, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.14 Cr, a growth of 125% compared to the previous year. For the same year it recorded a net profit of ₹18.09 Lakh (net margin 3.5%) and EBITDA of ₹18.53 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 25% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
Industrial Refrigeration Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0065958). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irl.co.in.
Company details
CIN U79191MH1995PTC094834
Registration Number 094834
Incorporation Date 28 November 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0065958
Key People
Suhas Gajanan Gawande Additional Director Advait Krishna Ruia Director Shephali Ajaykant Ruia Director Recognitions & Rankings of Industrial Refrigeration
Contact details
Industrial Refrigeration Private Limited's registered office is in Mumbai, Maharashtra. Its website is irl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address901 Maker Chambers Vnariman Point, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Electronics & Durables, White Goods Retail & Distribution
To see the full contact details of Industrial Refrigeration Private Limited, buy the company report.
Comprehensive company report
Industrial Refrigeration Private 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 Industrial Refrigeration is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Industrial Refrigeration Private Limited, buy the company report.
Financials of Industrial Refrigeration Private Limited
FY 2024 filings availableIndustrial Refrigeration Private Limited reported revenue of ₹5.14 Cr (up 125% YoY) for FY 2025.
Revenue · FY 2025
₹5.14 Cr ▲ 125%
Net profit · FY 2025
₹18.09 Lakh margin 3.5%
EBITDA · FY 2025
₹18.53 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 125%
3 years · compounded
▲ 45%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 156%
3 years · compounded
▲ 63%
5 years · compounded
▲ 55%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 125% growth in the latest year. EBITDA rose 156% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹18.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 3.6% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Industrial Refrigeration Private Limited, buy the company report.
Board of directors of Industrial Refrigeration Private Limited
Industrial Refrigeration has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Gajanan Gawande | Additional Director | 28 Jun 2023 | 3 Years 4 Months | Current |
| Advait Krishna Ruia Also directs: Ab Color Private Ltd, Silver Soaps Private Limited, Inco Mechel Pvt Limited and 5 more | Director | 12 Jun 2013 | 13 Years 4 Months | Current |
| Shephali Ajaykant Ruia Also directs: Ab Color Private Ltd, Silver Soaps Private Limited, Inco Mechel Pvt Limited and 3 more | Director | 27 Aug 1998 | 28 Years 2 Months | Current |
Peer comparison
Industrial Refrigeration Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (White Goods), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alphha Electromart Private Limited | ₹5.99 Cr (FY 2022) | 117.0% | Ghaziabad, Uttar Pradesh, India | |||
| Industrial Refrigeration Private Limitedthis company | ₹5.14 Cr (FY 2025) | ₹18.09 Lakh | 3.5% | 125.0% | 2 | Mumbai, Maharashtra, India |
| Coldway Innovations Private Limited | ₹3.97 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Deep Blue Appliances Private Limited | ₹1.88 Cr (FY 2024) | -3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Industrial Refrigeration Private Limited, buy the company report.
Auditor
Industrial Refrigeration Private Limited is audited by SMMP & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SMMP & ASSOCIATES | FY 2023 | 120438W |
Shareholding
The shareholding of Industrial Refrigeration Private 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 Industrial Refrigeration Private Limited, buy the company report.
Legal cases
Industrial Refrigeration Private Limited has 5 court cases on record: 3 filed by Industrial Refrigeration, 2 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Indian Foods Pvt. Ltd. and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Seafood Park India Ltd. - Applicant | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Appeal | Filed against the company | Pending |
| Bombay High Court | Court case (CAF) | Filed against the company | Disposed |
To see the full case history of Industrial Refrigeration 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 Industrial Refrigeration Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Industrial Refrigeration Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%
GST
Industrial Refrigeration has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1562N1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Industrial Refrigeration Private Limited, buy the company report.
Recent activity
Industrial Refrigeration Private Limited has 7 board changes on record since 1998: 3 appointments and 4 cessations. The latest: Suhas Gajanan Gawande was appointed as Additional Director on 28 Jun 2023.
AGM
Industrial Refrigeration Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Industrial Refrigeration Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Suhas Gajanan Gawande was appointed as Additional Director.
Ceased
Mani Mudaliar Srinivas ceased to be Director.
Ceased
Ajaykant Ramprasad Ruia ceased to be Director.
Appointed
Advait Krishna Ruia was appointed as Director.
Ceased
Ritwik Ajaykant Ruia ceased to be Director.
Ceased
Ramprasad Shivchandrai Ruia ceased to be Director.
Appointed
Shephali Ajaykant Ruia was appointed as Director.
Incorporation
28 Nov 1995
Industrial Refrigeration Private Limited was registered on 28 Nov 1995 with Roc Mumbai & aged 30 years 11 months as per MCA records.
Frequently asked questions
Industrial Refrigeration is an active private limited company based in Mumbai, Maharashtra, India. The company works in white goods retail and distribution, within the consumer electronics and durables industry. It was incorporated on 28 November 1995 (31+ years old) and is registered under CIN U79191MH1995PTC094834.
Industrial Refrigeration has 3 current directors:
- Suhas Gajanan Gawande - Additional Director
- Advait Krishna Ruia - Director
- Shephali Ajaykant Ruia - Director
The latest financial statements of Industrial Refrigeration on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Industrial Refrigeration is 27AAACI1562N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Industrial Refrigeration is U79191MH1995PTC094834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Industrial Refrigeration has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Industrial Refrigeration was incorporated on 28 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Industrial Refrigeration by revenue are Alphha Electromart Private Limited, Coldway Innovations Private Limited, Deep Blue Appliances Private Limited, all in the Consumer Durables industry (White Goods), with the same principal business activity (retail trading).
Suhas Gajanan Gawande was appointed as Additional Director on 28 Jun 2023. Mani Mudaliar Srinivas ceased to be Director on 12 Nov 2019. Ajaykant Ramprasad Ruia ceased to be Director on 07 Oct 2014. Industrial Refrigeration has 7 board changes on record in total.
Yes, Industrial Refrigeration is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0065958).
Industrial Refrigeration can be reached through the website irl.co.in. Its registered office is in Mumbai, Maharashtra, India.
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