MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0241866
Ion Exacense Private Limited - trading in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹17.01 Lakh
▼ 68% YoY
Net loss · FY 2023
₹12.65 Lakh
Net margin -74.4%
EBITDA · FY 2023
-₹11.83 Lakh
EBITDA margin -69.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Ion Exacense Private Limited
Data last updated:
Ion Exacense Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 22 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2012PTC135978. Its GSTIN is 29AACCI8824P1ZT (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Doddamadhure Thimmanayaka Harish and Murthi Naik.
Its last annual general meeting (AGM) was held on 30 October 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #No. 34 3rd Floor 10th B Main Opp. Cosmo Club Jayanagar 3rd Block, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.01 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹12.65 Lakh (net margin -74.4%) and EBITDA of -₹11.83 Lakh (EBITDA margin -69.6%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 36% over five years.
Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 3 cases are pending.
Ion Exacense Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0241866). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aquacareinsurance.com.
Company details
CIN U51909KA2012PTC135978
Registration Number 135978
Incorporation Date 22 March 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0241866
CIN history
Ion Exacense has one previous CIN (Corporate Identification Number): U51909DL2012PTC233312. The current CIN is U51909KA2012PTC135978, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909KA2012PTC135978 | Current |
| U51909DL2012PTC233312 | Previous |
Recognitions & Rankings of Ion Exacense
Contact details
Ion Exacense Private Limited's registered office is in Bangalore, Karnataka. Its website is aquacareinsurance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#No. 34 3rd Floor 10th B Main Opp. Cosmo Club Jayanagar 3rd Block, Bangalore, Karnataka, India – 560011
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Ion Exacense Private Limited, buy the company report.
Comprehensive company report
Ion Exacense 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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Secure checkout · GST invoice included
Business activity
The main business activity of Ion Exacense 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 Ion Exacense Private Limited, buy the company report.
Financials of Ion Exacense Private Limited
FY 2023 filings availableIon Exacense Private Limited reported revenue of ₹17.01 Lakh (down 68% YoY) for FY 2023.
Revenue · FY 2023
₹17.01 Lakh ▼ 68%
Net loss · FY 2023
₹12.65 Lakh margin -74.4%
EBITDA · FY 2023
-₹11.83 Lakh margin -69.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 42%
5 years · compounded
▼ 36%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 47%
5 years · compounded
▼ 27%
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 68% fall in the latest year. EBITDA rose 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹11.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.65 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -69.6% | ||||
| Net Profit Margin | -74.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ion Exacense Private Limited, buy the company report.
Board of directors of Ion Exacense Private Limited
Ion Exacense has 2 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 |
|---|---|---|---|---|
| Doddamadhure Thimmanayaka Harish Also directs: Forbes Technovative Private Limited | Director | 05 Apr 2022 | 4 Years 6 Months | Current |
| Murthi Naik Also directs: Forbes Technovative Private Limited | Director | 11 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Ion Exacense Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Kusint Electronics Private Limited | ₹17.05 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Ion Exacense Private Limitedthis company | ₹17.01 Lakh (FY 2023) | -₹12.65 Lakh | -74.4% | -68.0% | Bangalore, Karnataka, India | |
| MX Electronics Private Limited | ₹16.87 Lakh (FY 2025) | -88.0% | Vytilla, Kerala, India | |||
| Vilakkathara Valappil Enterprises Private Limited | ₹16.85 Lakh (FY 2024) | 53.0% | Malappuram, Kerala, India |
To see the full peer comparison of Ion Exacense Private Limited, buy the company report.
Auditor
Ion Exacense Private Limited is audited by SHIBARAYA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIBARAYA & CO | FY 2019 | 015226S |
Shareholding
The shareholding of Ion Exacense Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ion Exacense Private Limited, buy the company report.
Legal cases
Ion Exacense Private Limited has 7 court cases on record: 2 filed by Ion Exacense, 5 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 3 | 3 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed against the company by Eureka Forbes Limited | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Eureka Forbes Limited and 3 others | Disposed |
| High Court | Court case (MFA) | Filed by the company against Eureka Forbes Limited and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Eureka Forbes Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed against the company by Eureka Forbes Limited | Pending |
To see the full case history of Ion Exacense 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 Ion Exacense Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ion Exacense has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI8824P1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ion Exacense Private Limited, buy the company report.
Recent activity
Ion Exacense Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Anand Naik ceased to be Director on 05 Apr 2022.
AGM
Ion Exacense Private Limited last Annual general meeting of members was held on 30 Oct 2023 as per latest MCA records.
Filing
Ion Exacense Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Anand Naik ceased to be Director.
Appointed
Doddamadhure Thimmanayaka Harish was appointed as Director.
Ceased
Murthi Naik ceased to be Additional Director.
Ceased
Balaji Udayakumar ceased to be Director.
Appointed
Murthi Naik was appointed as Director.
Ceased
Thanikehalao Sathyaraj ceased to be Director.
Incorporation
22 Mar 2012
Ion Exacense Private Limited was registered on 22 Mar 2012 with Roc Bangalore & aged 14 years 7 months as per MCA records.
Frequently asked questions
Ion Exacense is an active private limited company based in Bangalore, Karnataka, India. The company works in retailers, within the trading industry. It was incorporated on 22 March 2012 (14+ years old) and is registered under CIN U51909KA2012PTC135978.
Ion Exacense has 2 current directors:
- Doddamadhure Thimmanayaka Harish - Director
- Murthi Naik - Director
The latest financial statements of Ion Exacense on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 October 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ion Exacense is 29AACCI8824P1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ion Exacense is U51909KA2012PTC135978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ion Exacense has 7 court cases on record: 2 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Ion Exacense was incorporated on 22 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ion Exacense by revenue are Kusint Electronics Private Limited, MX Electronics Private Limited, Vilakkathara Valappil Enterprises Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Anand Naik ceased to be Director on 05 Apr 2022. Doddamadhure Thimmanayaka Harish was appointed as Director on 05 Apr 2022. Murthi Naik ceased to be Additional Director on 30 Nov 2021. Ion Exacense has 6 board changes on record in total.
Yes, Ion Exacense is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0241866).
Ion Exacense can be reached through the website aquacareinsurance.com. Its registered office is in Bangalore, Karnataka, India.