Iota Mtech Power LLP
About Iota Mtech Power LLP
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Iota Mtech Power LLP is a limited liability partnership (LLP) based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 January 2012 and has been in existence for over 14 years.
The LLP is registered with the Registrar of Companies (ROC), Kolkata, under LLPIN AAA-7679. Its GSTIN is 08AADFI6947H1Z3 (Rajasthan). The LLP holds 3 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹400 Cr. It is led by designated partners Lakshmi Niwas Bangur and Yogesh Bangur.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹15 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹8.23 Cr (net margin 54.9%) and EBITDA of ₹1.73 Lakh (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 17% over five years.
Company details
Contact details
Iota Mtech Power LLP's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Iota Mtech Power LLP, 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 Iota Mtech Power LLP
FY 2025 filings availableIota Mtech Power LLP reported revenue of ₹15 Cr (down 30% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 30% fall in the latest year. EBITDA fell 100% 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
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit After Tax | ₹8.23 Cr | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Net Profit Margin | 54.9% | ||||
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To see the full financial statements and ratios of Iota Mtech Power LLP, buy the company report.
Designated partners of Iota Mtech Power LLP
Iota Mtech Power has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Niwas Bangur Also directs: The Peria Karamalai Tea and Produce Company Limited, Kiran Vyapar Ltd., The Marwar Textiles (Agency) Private Limited and 5 more | Designated Partner | 19 Jan 2012 | 14 Years 9 Months | Current |
| Yogesh Bangur | Designated Partner | 19 Jan 2012 | 14 Years 9 Months | Current |
Legal cases
No court or tribunal cases involving Iota Mtech Power LLP 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 Iota Mtech Power LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iota Mtech Power has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADFI6947H1Z3 | Rajasthan | Active | 01 Jul 2017 |
| 19AADFI6947H1Z0 | West Bengal | Active | 01 Jul 2017 |
| 27AADFI6947H1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iota Mtech Power LLP, buy the company report.
Recent activity
Iota Mtech Power LLP has 3 designated partner changes on record since 2012: 3 appointments. The latest: Lakshmi Niwas Bangur was appointed as Designated Partner on 19 Jan 2012.
Frequently asked questions
Iota Mtech Power is an active limited liability partnership based in Kolkata, West Bengal, India. The LLP works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 January 2012 (14+ years old) and is registered under LLPIN AAA-7679.
Iota Mtech Power has 2 current designated partners:
- Lakshmi Niwas Bangur - Designated Partner
- Yogesh Bangur - Designated Partner
The latest financial statements of Iota Mtech Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iota Mtech Power is 08AADFI6947H1Z3, registered in Rajasthan. The LLP has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AADFI6947H1Z0 (West Bengal), 27AADFI6947H1Z3 (Maharashtra).
The LLPIN (Limited Liability Partnership Identification Number) of Iota Mtech Power is AAA-7679. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Iota Mtech Power was incorporated on 19 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
Lakshmi Niwas Bangur was appointed as Designated Partner on 19 Jan 2012. Shreeyash Bangur was appointed as Partner on 19 Jan 2012. Yogesh Bangur was appointed as Designated Partner on 19 Jan 2012.
The registered office of Iota Mtech Power is at 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
Iota Mtech Power operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Iota Mtech Power can be reached at its registered office: 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
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