MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-27-0011582
Ion Electricals Private Limited - information technology in Panvel, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.87 Cr
▼ 1% YoY
Net loss · FY 2025
₹1.44 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹15.13 Lakh
EBITDA margin 3.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹8 Lakh
Issued & subscribed
Open charges
₹1.94 Cr
Secured borrowings
Company age
38 yrs
Est. 1988
Employees · EPFO
16
Provident fund records
About Ion Electricals Private Limited
Data last updated:
Ion Electricals Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 22 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1988PTC049734. Its GSTIN is 27AAACI0953K1ZJ (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Vivek Harish Raut (Whole-Time Director) and Ravindra Kashinath Karmalkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Panvel, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.87 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Lakh (net margin -0.4%) and EBITDA of ₹15.13 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.94 Cr on record.
Ion Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0011582). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ionelectricals.com.
Company details
CIN U99999MH1988PTC049734
Registration Number 049734
Incorporation Date 22 November 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-27-0011582
Key People
Vivek Harish Raut Whole-Time Director Ravindra Kashinath Karmalkar Whole-Time Director Vishwanath Rajaram Bhave Whole-Time Director Recognitions & Rankings of Ion Electricals
Contact details
Ion Electricals Private Limited's registered office is in Panvel, Maharashtra. Its website is ionelectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No 17 & 18 Maruti Corner Pooja Chs Sec – 17 Plot 15A/15B Near Railway Stn New Pan, Vel (E), Panvel, Maharashtra, India – 410206
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Ion Electricals Private Limited, buy the company report.
Comprehensive company report
Ion Electricals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ion Electricals is manufacturing. In detail, this covers manufacture of computer, electronic and optical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products |
To see the full business activity and turnover split of Ion Electricals Private Limited, buy the company report.
Financials of Ion Electricals Private Limited
FY 2025 filings availableIon Electricals Private Limited reported revenue of ₹3.87 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹3.87 Cr ▼ 1%
Net loss · FY 2025
₹1.44 Lakh margin -0.4%
EBITDA · FY 2025
₹15.13 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 1%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 5%
5 years · compounded
▲ 22%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 7% 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 | ₹15.13 Lakh | ||||
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| Net Profit (PAT) | -₹1.44 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 | 3.9% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ion Electricals Private Limited, buy the company report.
Board of directors of Ion Electricals Private Limited
Ion Electricals has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Harish Raut | Whole-Time Director | 16 Sep 1994 | 32 Years 1 Months | Current |
| Ravindra Kashinath Karmalkar | Whole-Time Director | 01 Jul 1993 | 33 Years 3 Months | Current |
| Vishwanath Rajaram Bhave | Whole-Time Director | 07 Sep 1992 | 34 Years 1 Months | Current |
Auditor
Ion Electricals Private Limited is audited by MILIND MANOHAR VAISHAMPAYAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MILIND MANOHAR VAISHAMPAYAN | FY 2023 | 103552 |
Shareholding
The shareholding of Ion Electricals 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 Ion Electricals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.94 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2021 | 100465858 | Others | ₹78,000 | Open | |
| 31 Dec 2018 | 100232580 | Others | ₹25.6 Lakh | Open | |
| 07 Mar 2017 | 100091060 | Others | ₹4.91 Lakh | Open | |
| 21 Jun 2010 | 10231309 | The Saraswat Co-Operative Bank Limited | ₹9.12 Lakh | Open | |
| 21 Jun 2010 | 10234650 | The Saraswat Co-Operative Bank Limited | ₹9.12 Lakh | Open |
To see the full charge records of Ion Electricals Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Ion Electricals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ion Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ion Electricals Private Limited has a workforce of 16 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
GST
Ion Electricals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI0953K1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ion Electricals Private Limited, buy the company report.
Recent activity
Ion Electricals Private Limited has 3 board changes on record since 1992: 3 appointments. The latest: Vivek Harish Raut was appointed as Whole-Time Director on 16 Sep 1994.
AGM
Ion Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ion Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others of Rs. 81.50 Lakh registered on 23 Jan 1999 with Charge ID 90151953 was modified on 13 Jul 2022.
Charges
A charge with Others amounted to Rs. 0.78 Lakh with Charge ID 100465858 was registered on 15 Jul 2021.
Charges
A charge with Others amounted to Rs. 25.60 Lakh with Charge ID 100232580 was registered on 31 Dec 2018.
Charges
A charge with Others amounted to Rs. 4.91 Lakh with Charge ID 100091060 was registered on 07 Mar 2017.
Charges
A charge with The Saraswat Co-Operative Bank Limited amounted to Rs. 9.12 Lakh with Charge ID 10231309 was registered on 21 Jun 2010.
Charges
A charge with The Saraswat Co-Operative Bank Limited amounted to Rs. 9.12 Lakh with Charge ID 10234650 was registered on 21 Jun 2010.
Charges
A charge with The Saraswat Co-Operative Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 10181156 was registered on 19 Sep 2009.
Charges
A charge with The Saraswat Co-Operative Bank Ltd. amounted to Rs. 0.57 Lakh with Charge ID 10161300 was registered on 02 Jun 2009.
Charges
A charge with The Saraswat Co-Operative Bank Ltd. amounted to Rs. 25.00 Lakh with Charge ID 90149865 was registered on 13 Nov 2003.
Charges
A charge with Others amounted to Rs. 81.50 Lakh with Charge ID 90151953 was registered on 23 Jan 1999.
7 earlier events are in the company report.
Frequently asked questions
Ion Electricals is an active private limited company based in Panvel, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 22 November 1988 (38+ years old) and is registered under CIN U99999MH1988PTC049734.
Ion Electricals has 3 current directors:
- Vivek Harish Raut - Whole-Time Director
- Ravindra Kashinath Karmalkar - Whole-Time Director
- Vishwanath Rajaram Bhave - Whole-Time Director
The latest financial statements of Ion Electricals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ion Electricals is 27AAACI0953K1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ion Electricals is U99999MH1988PTC049734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ion Electricals was incorporated on 22 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Vivek Harish Raut was appointed as Whole-Time Director on 16 Sep 1994. Ravindra Kashinath Karmalkar was appointed as Whole-Time Director on 01 Jul 1993. Vishwanath Rajaram Bhave was appointed as Whole-Time Director on 07 Sep 1992.
Yes, Ion Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-27-0011582).
Ion Electricals can be reached through the website ionelectricals.com. Its registered office is in Panvel, Maharashtra, India.
The registered office of Ion Electricals is at Shop No 17 & 18 Maruti Corner Pooja Chs Sec – 17 Plot 15A15B Near Railway Stn New Pan, Vel E, Panvel, Maharashtra, India – 410206.