- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0013108

About Iolite Inframaterial Limited
Data last updated:
Iolite Inframaterial Limited is a public limited company based in Vadodara, Gujarat, India, a subsidiary of Cube Construction Engineering Limited. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 11 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26914GJ2011PLC064870. Its GSTIN is 24AACCI5944A3ZX (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.76 Cr and a paid-up capital of ₹4.76 Cr. It was formerly known as Iolite Cube Inframaterial Private Limited. It is led by directors including Birju Chhotalal Shah and Vikas Suryavanshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11/C Jaishri Narayan Co – Op. Housing Society Subhanpura Gorwa, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.92 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹19.71 Lakh (net margin 1.5%) and EBITDA of ₹92.79 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 50% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹205.97 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending.
Iolite Inframaterial Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0013108). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ccel.in.
Company details
CIN history
Iolite Inframaterial has one previous CIN (Corporate Identification Number): U26914GJ2011PTC064870. The current CIN is U26914GJ2011PLC064870, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26914GJ2011PLC064870 | Current |
| U26914GJ2011PTC064870 | Previous |
Recognitions & Rankings of Iolite Inframaterial
Contact details
Iolite Inframaterial Limited's registered office is in Vadodara, Gujarat. Its website is ccel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11/C Jaishri Narayan Co – Op. Housing Society Subhanpura Gorwa, Vadodara, Gujarat, India – 390023
- IndustryManufacturing, Construction Materials
To see the full contact details of Iolite Inframaterial 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 Iolite Inframaterial is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Iolite Inframaterial Limited, buy the company report.
Financials of Iolite Inframaterial Limited
FY 2025 filings availableIolite Inframaterial Limited reported revenue of ₹12.92 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 15% growth 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 | ₹92.79 Lakh | ||||
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| Net Profit (PAT) | ₹19.71 Lakh | ||||
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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 | 7.2% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Iolite Inframaterial Limited, buy the company report.
Board of directors of Iolite Inframaterial Limited
Iolite Inframaterial has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Birju Chhotalal Shah | Director | 20 May 2011 | 15 Years 5 Months | Current |
| Vikas Suryavanshi Also directs: Arena Mines and Minerals Private Limited | Director | 04 Feb 2022 | 4 Years 8 Months | Current |
| Bindiya Sanjay Kumar Shah Also directs: Arena Mines and Minerals Private Limited, Aikya Chemicals Private Limited, Gujarat Chlor Alkali Industries Limited and 5 more | Director | 11 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Iolite Inframaterial Limited is audited by RACHITBHARATKUMARSHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RACHITBHARATKUMARSHAH | FY 2023 | 138251 |
Shareholding
The shareholding of Iolite Inframaterial 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 Iolite Inframaterial Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2015 | 10613348 | Axis Bank Limited | ₹4.5 Cr | Satisfied | |
| 14 May 2013 | 10429659 | Dena Bank | ₹201.4 Cr | Satisfied | |
| 21 Feb 2013 | 10411820 | Hdfc Bank Limited | ₹7.2 Lakh | Satisfied |
To see the full charge records of Iolite Inframaterial Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Iolite Inframaterial Limited has 5 court cases on record: 5 filed by Iolite Inframaterial. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 6 others | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Iolite Inframaterial 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
Iolite Inframaterial Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 |
|---|---|---|---|
| Equinet Security Systems | |||
| an individual supplier |
To see the full MSME payment records of Iolite Inframaterial Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Iolite Inframaterial Limited has a workforce of 10 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Iolite Inframaterial has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI5944A3ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iolite Inframaterial Limited, buy the company report.
Recent activity
Iolite Inframaterial Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Vikas Suryavanshi was appointed as Director on 04 Feb 2022.
4 earlier events are in the company report.
Frequently asked questions
Iolite Inframaterial is an active public limited company based in Vadodara, Gujarat, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 11 April 2011 (15+ years old) and is registered under CIN U26914GJ2011PLC064870.
Iolite Inframaterial has 3 current directors:
- Birju Chhotalal Shah - Director
- Vikas Suryavanshi - Director
- Bindiya Sanjay Kumar Shah - Director
The latest financial statements of Iolite Inframaterial on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iolite Inframaterial is 24AACCI5944A3ZX, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Iolite Inframaterial is U26914GJ2011PLC064870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iolite Inframaterial has 5 court cases on record: 5 filed by the company. 2 are pending.
Iolite Inframaterial was incorporated on 11 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vikas Suryavanshi was appointed as Director on 04 Feb 2022. Vikas Suryavanshi ceased to be Additional Director on 04 Feb 2022. Bhimji Manji Varsani ceased to be Additional Director on 31 Dec 2019. Iolite Inframaterial has 6 board changes on record in total.
Yes, Iolite Inframaterial is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0013108).
Iolite Inframaterial has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 May 2019.
Iolite Inframaterial can be reached through the website ccel.in. Its registered office is in Vadodara, Gujarat, India.

