About Ion Exchange Financial Products Private Limited
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Ion Exchange Financial Products Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the housing finance companies segment of the financial services sector. It was incorporated on 16 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1994PTC080388.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Nandkumar Manohar Ranadive and Ajay Anoop Popat.
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 Ion House Dr. E. Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.56 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹5.29 Lakh (net margin 69.9%) and EBITDA of ₹7.08 Lakh (EBITDA margin 93.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ionindia.com.
Company details
Contact details
Ion Exchange Financial Products Private Limited's registered office is in Mumbai, Maharashtra. Its website is ionindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIon House Dr. E. Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011
- IndustryFinancial Services, Housing Finance Companies
To see the full contact details of Ion Exchange Financial Products Private 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
Financials of Ion Exchange Financial Products Private Limited
FY 2025 filings availableIon Exchange Financial Products Private Limited reported revenue of ₹7.56 Lakh (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA rose 23% 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 | ₹7.08 Lakh | ||||
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| Net Profit (PAT) | ₹5.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 93.6% | ||||
| Net Profit Margin | 69.9% | ||||
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To see the full financial statements and ratios of Ion Exchange Financial Products Private Limited, buy the company report.
Board of directors of Ion Exchange Financial Products Private Limited
Ion Exchange Financial Products has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandkumar Manohar Ranadive Also directs: Aqua Investments (India) Limited, Watercare Investments (India) Limited, Aquanomics Systems Limited and 2 more | Director | 16 Jun 2008 | 18 Years 4 Months | Current |
| Ajay Anoop Popat | Director | 11 Jul 2011 | 15 Years 3 Months | Current |
Auditor
Ion Exchange Financial Products Private Limited is audited by Deepak Jedhe & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deepak Jedhe & Co. | FY 2023 | 160725 |
Shareholding
The shareholding of Ion Exchange Financial Products 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 Exchange Financial Products Private Limited, buy the company report.
Deals & funding
Ion Exchange Financial Products Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ion Exchange Financial Products 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 Exchange Financial Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ion Exchange Financial Products Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ion Exchange Financial Products Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Ajay Anoop Popat was appointed as Director on 11 Jul 2011.
News
Frequently asked questions
Ion Exchange Financial Products is an active private limited company based in Mumbai, Maharashtra, India. The company works in housing finance companies, within the financial services industry. It was incorporated on 16 August 1994 (32+ years old) and is registered under CIN U67190MH1994PTC080388.
Ion Exchange Financial Products has 2 current directors:
- Nandkumar Manohar Ranadive - Director
- Ajay Anoop Popat - Director
The latest financial statements of Ion Exchange Financial Products 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 CIN (Corporate Identification Number) of Ion Exchange Financial Products is U67190MH1994PTC080388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ion Exchange Financial Products was incorporated on 16 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Ion Exchange Financial Products has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Ajay Anoop Popat was appointed as Director on 11 Jul 2011. Keshav Venkatram Lakshminarayanpuram ceased to be Director on 11 Jul 2011. Charmaine Sequeira ceased to be Director on 16 Jun 2008. Ion Exchange Financial Products has 4 board changes on record in total.
Ion Exchange Financial Products can be reached through the website ionindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ion Exchange Financial Products is at Ion House Dr. E. Moses Road Mahalaxmi, Mumbai, Maharashtra, India – 400011.
Ion Exchange Financial Products operates in the financial services industry, in the housing finance companies segment.
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