About Ionix Advanced Materials Private Limited
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Ionix Advanced Materials Private Limited is a private limited company based in Vaghodia, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 14 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27101GJ1995PTC026316. Its GSTIN is 24AAACZ0643B1ZW (Gujarat).
The company has an authorised share capital of ₹12.45 Cr and a paid-up capital of ₹8.64 Cr. It was formerly known as Eriez Finance and Investment Limited and 20 Microns Finance and Investments Limited. It is led by directors Atil Chandresh Parikh and Rajesh Chandresh Parikh.
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 Vaghodia, Gujarat.
As per MCA filings, the company has satisfied charges of ₹177.53 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eriezfinance.com.
Company details
Name history
Ionix Advanced Materials has undergone 3 name changes throughout its history. The company was previously known as Eriez Finance And Investment Limited, 20 Microns Finance And Investments Limited, and Eriez Finance And Investment Private Limited. The current legal name is Ionix Advanced Materials Private Limited.
| Company Name | Status |
|---|---|
| Ionix Advanced Materials Private Limited | Current |
| Eriez Finance And Investment Limited | Previous |
| 20 Microns Finance And Investments Limited | Previous |
| Eriez Finance And Investment Private Limited | Previous |
CIN history
Ionix Advanced Materials has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27101GJ1995PTC026316, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27101GJ1995PTC026316 | Current |
| U65990GJ1995PLC026316 | Previous |
| U26990GJ1995PTC026316 | Previous |
| U65990GJ1995PTC026316 | Previous |
Contact details
Ionix Advanced Materials Private Limited's registered office is in Vaghodia, Gujarat. Its website is eriezfinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address253 – 254 GIDC Industrial Estate, Waghodia, Vaghodia, Gujarat, India – 391760
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Ionix Advanced Materials 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 Ionix Advanced Materials Private Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Ionix Advanced Materials Private Limited, buy the company report.
Board of directors of Ionix Advanced Materials Private Limited
Ionix Advanced Materials has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atil Chandresh Parikh Also directs: 20 Microns Limited, 20 Microns Nano Minerals Limited, 20 MCC Private Limited and 2 more | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Rajesh Chandresh Parikh | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Ionix Advanced Materials Private Limited is audited by N. C. Vaishnav & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. C. Vaishnav & Co. | FY 2022 | 112712W |
Shareholding
The shareholding of Ionix Advanced Materials Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Ionix Advanced Materials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2020 | 100372967 | State Bank of India | ₹4.9 Cr | Satisfied | |
| 26 Mar 2015 | 100110111 | State Bank of India | ₹172.63 Cr | Satisfied |
To see the full charge records of Ionix Advanced Materials Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ionix Advanced Materials Private Limited has 2 court cases on record: 2 filed by Ionix Advanced Materials. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
To see the full case history of Ionix Advanced Materials 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 Ionix Advanced Materials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ionix Advanced Materials has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ0643B1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ionix Advanced Materials Private Limited, buy the company report.
Recent activity
Ionix Advanced Materials Private Limited has 14 board changes on record since 2008: 2 appointments and 12 cessations. The latest: Atil Chandresh Parikh ceased to be Additional Director on 08 Aug 2023.
9 earlier events are in the company report.
Frequently asked questions
Ionix Advanced Materials is an active private limited company based in Vaghodia, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 14 June 1995 (31+ years old) and is registered under CIN U27101GJ1995PTC026316.
Ionix Advanced Materials has 2 current directors:
- Atil Chandresh Parikh - Director
- Rajesh Chandresh Parikh - Director
The latest financial statements of Ionix Advanced Materials 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 Ionix Advanced Materials is 24AAACZ0643B1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Ionix Advanced Materials is U27101GJ1995PTC026316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ionix Advanced Materials has 2 court cases on record: 2 filed by the company.
Ionix Advanced Materials was incorporated on 14 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Atil Chandresh Parikh ceased to be Additional Director on 08 Aug 2023. Atil Chandresh Parikh was appointed as Director on 01 Sep 2022. Rajesh Chandresh Parikh was appointed as Director on 01 Sep 2022. Ionix Advanced Materials has 14 board changes on record in total.
Ionix Advanced Materials can be reached through the website eriezfinance.com. Its registered office is in Vaghodia, Gujarat, India.
The registered office of Ionix Advanced Materials is at 253 – 254 GIDC Industrial Estate, Waghodia, Vaghodia, Gujarat, India – 391760.