Ion Exchange (India) Limited - Company Profile

Q: Who are the current directors of Ion Exchange (India) Limited?

The current directors of Ion Exchange (India) Limited are Sanjay Vithalrao Joshi, David Paul Rasquinha, Padmanabhan Gopalaraman, Alka Arora Misra, Vasant Janardhan Naik, Milind Dattatraya Puranik, Dinesh Sharma, Aankur Patni, Mahabir Prasad Patni, Amitava Guharoy, Indraneel Dutt, Rajesh Chandrabhan Sharma, Indraneel Dutt.

It is a engineering public limited company based in Mumbai, Maharashtra, India, established in 1964.

1964 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

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About Ion Exchange (India) Limited

Ion Exchange (India) Limited, a active public limited company, was established on 06 March 1964 in Mumbai, Maharashtra, India. Engaging in engineering within the manufacturing sector, it holds CIN: L74999MH1964PLC014258. Registered under ROC Roc Mumbai. it is listed on BSE: 500214. It has an authorized capital of ₹32.00 Cr and a paid-up capital of ₹14.67 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹1,938.96 Cr and a net worth of ₹937.49 Cr. Employing 2,253 professional, Its leadership includes Sanjay Vithalrao Joshi (Director), David Paul Rasquinha (Director), Padmanabhan Gopalaraman (Director). Past directors included Gopal Shankar Ranganathan, Madhavan Pillay Ramchandra Menon, Thekkekkara Meloth Mohan Nambiar. It holds ₹3,392.99 Cr open charges and ₹3,029.15 Cr settled loans. Its latest AGM occurred on 09 September 2025, with the balance sheet filed on 31 March 2025. It is based at Ion House, Dr. E.Moses Road, Mahalaxmi, Mumbai, Maharashtra, 400011.

Company Details

CIN/LLPIN
L74999MH1964PLC014258
Registration Number
014258
Incorporation Date
06 March 1964
Authorized Capital
₹32.00 Cr
Paid-Up Capital
₹14.67 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 500214)
Company Status
Active

Key Metrics

Authorised Capital ₹ 32.00 Cr as on 22-12-2025
Paid Up Capital ₹ 14.67 Cr as on 22-12-2025
Company Age 61 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 3,392.99 Cr as on 22-12-2025
Satisfied Charges ₹ 3,029.15 Cr as on 22-12-2025
Revenue Growth **** 24.65% (FY 2023)
Profit Growth **** 19.78% (FY 2023)
Ebitda **** 18.25% (FY 2023)
Net Worth 22.16% (FY 2023)
Total Assets **** 17.87% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ion Exchange (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ion Exchange (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sanjay Vithalrao Joshi	Director	26 Jul 2023	Current
David Paul Rasquinha	Director	02 Aug 2022	Current
Padmanabhan Gopalaraman	Director	02 Aug 2024	Current
Alka Arora Misra	Director	02 Aug 2024	Current
Dinesh Sharma	Director	24 Jan 2006	Current
Aankur Patni	Director	24 Jan 2006	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	18 Mar 2013	Past
Pramod Abcsdd	Director	15 Feb 2011	Past
Pramod Abcsdd	Director	11 Sep 2024	Past
Pramod Abcsdd	Director	21 Jun 2013	Past
Pramod Abcsdd	Additional Director	07 Sep 2023	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past

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Financial Performance of Ion Exchange (India).

Ion Exchange (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.65% increase. The company also saw a substantial improvement in profitability, with a 19.78% increase in profit. The company's net worth Soared by an impressive increase of 22.16%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

24.65%

*******

Revenue from Operations

*******

25.36%

*******

Total Assets

*******

17.87%

*******

Profit or Loss

*******

19.78%

*******

Net Worth

*******

22.16%

*******

EBITDA

*******

18.25%

*******

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What is the Ownership and Shareholding Structure of Ion Exchange (India)?

In 2023, Ion Exchange (India) had a promoter holding of 26.95% and a public holding of 73.05%. The company had 8 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹33,929,860,000.00

Satisfied Charges

₹30,291,496,000.00

Charges Breakdown by Lending Institutions

Sbicap Trustee Company Limited : 1212.00 Cr
Others : 954.21 Cr
Bank Of India : 906.00 Cr
Standard Chartered Bank : 180.00 Cr
Canara Bank : 100.00 Cr
Others : 40.78 Cr

Latest Charge Details

Date	Lender	Amount	Status
12 Nov 2025	Others	₹69.95 Cr	Open
05 Jun 2024	Others	₹200.00 Cr	Open
19 Dec 2023	Others	₹345.00 Cr	Open
10 Aug 2023	Others	₹100.00 Cr	Open
23 Jun 2023	Canara Bank	₹100.00 Cr	Open

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How Many Employees Work at Ion Exchange (India)?

Ion Exchange (India) has a workforce of 2253 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ion Exchange (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ion Exchange (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ion Exchange (India)

Recent Activity within the Organization

Charges

The activity A charge with Others amounted to Rs. 69.95 Cr with Charge ID 101196544 was registered on 12 Nov 2025. was completed.
12 Nov 2025
Annual General Meeting

Ion Exchange (India) Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records. was recorded as a recent event.
09 Sep 2025
Director Appointment

Progress on Indraneel Dutt was appointed as a Ceo was appointed as a Ceo on 11 Jun 2025 & has been associated with this company since 8 months 5 days . was documented.
11 Jun 2025
Charges

Progress on A charge with Sbicap Trustee Company Limited of Rs. 606.00 Cr registered on 29 Sep 2005 with Charge ID 80007206 was modified on 16 May 2025. was documented.
16 May 2025
Charges

Progress on A charge with Others of Rs. 345.00 Cr registered on 19 Dec 2023 with Charge ID 100843927 was modified on 28 Apr 2025. was documented.
28 Apr 2025
Charges

Progress on A charge with Others of Rs. 34.63 Cr registered on 30 Aug 2018 with Charge ID 100205274 was modified on 09 Apr 2025. was documented.
09 Apr 2025

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