
About Iotechworld Avigation Private Limited
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Iotechworld Avigation Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2017PTC068600. Its GSTIN is 06AAECI4680B1ZU (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.19 Lakh. It is led by directors including Anoop Kumar Upadhyay (Whole-Time Director) and Deepak Bhardwaj (Whole-Time Director).
Its last annual general meeting (AGM) was held on 10 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 35, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.24 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹7.84 Cr (net margin 13.2%) and EBITDA of ₹12.28 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 154% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IoTechWorld. As per MCA filings, the company has open charges of ₹52.72 Cr and satisfied charges of ₹36.5 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 4 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.34 Cr; the latest was in September 2021. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iotechworld.com.
Company details
Recognitions & Rankings of Iotechworld Avigation
Contact details
Iotechworld Avigation Private Limited's registered office is in Narsinghpur, Haryana. Its website is iotechworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 31 & 34, Sector 35 Phase VI, Gurgaon, Haryana, India – 122004
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Iotechworld Avigation 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
Brands
Iotechworld Avigation operates one associated brand: IoTechWorld. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Drones are manufactured for agriculture, surveying, logistics, surveillance, and monitoring. | iotechworld.com |
Business activity
The main business activities of Iotechworld Avigation are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Iotechworld Avigation Private Limited, buy the company report.
Financials of Iotechworld Avigation Private Limited
FY 2025 filings availableIotechworld Avigation Private Limited reported revenue of ₹59.24 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 154%. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.24 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.84 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 13.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Iotechworld Avigation Private Limited, buy the company report.
Board of directors of Iotechworld Avigation Private Limited
Iotechworld Avigation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kumar Bansal | Director | 04 Sep 2021 | 5 Years 1 Months | Current |
| Anoop Kumar Upadhyay | Whole-Time Director | 06 Jul 2021 | 5 Years 3 Months | Current |
| Deepak Bhardwaj | Whole-Time Director | 06 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Iotechworld Avigation Private Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S KOTHARI MEHTA & COMPANY | FY 2024 | 022150N |
Shareholding
The shareholding of Iotechworld Avigation Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iotechworld Avigation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2026 | 101390864 | Hdfc Bank Limited | ₹3.22 Cr | Open | |
| 07 May 2024 | 100922587 | Axis Bank Limited | ₹20 Cr | Open | |
| 23 Feb 2024 | 100886924 | Hdfc Bank Limited | ₹29.5 Cr | Open | |
| 15 Mar 2024 | 100897410 | Yes Bank Limited | ₹14.5 Cr | Satisfied | |
| 21 Jun 2023 | 100750786 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Iotechworld Avigation Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Iotechworld Avigation Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.34 Cr; the latest was in September 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹20.34 Cr | Investors: Dhanuka Agritech Limited , Kia Ora Ventures |
| Jul 2021 | 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
Iotechworld Avigation Private Limited has 6 court cases on record: 1 filed by Iotechworld Avigation, 5 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 2 | 2 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by M/S Wwso Enterprises Limited | Pending |
| Supreme Court | Court case | Filed by the company against Dhanuka Agritech Ltd. | Pending |
| District court, South West, Delhi | Commercial suit | Filed against the company by M/S Wwso Enterprises Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Dhanuka Agritech Limited | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by M.K. Enterprises Through Manoj Kumar | Pending |
To see the full case history of Iotechworld Avigation 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
Iotechworld Avigation Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| AAA Fasteners |
To see the full MSME payment records of Iotechworld Avigation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Iotechworld Avigation Private Limited has a workforce of 21 employees on its EPFO records as of Apr 24, 2024, across 1 active EPFO establishment.
GST
Iotechworld Avigation has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECI4680B1ZU | Haryana | Active | 29 Aug 2017 |
| 27AAECI4680B1ZQ | Maharashtra | Active | 18 Jul 2023 |
To see the full GST registrations and return filing status of Iotechworld Avigation Private Limited, buy the company report.
Recent activity
Iotechworld Avigation Private Limited has 6 board changes on record since 2021: 3 appointments and 3 cessations. The latest: Vinod Kumar Bansal was appointed as Director on 04 Sep 2021.
9 earlier events are in the company report.
News
Frequently asked questions
Iotechworld Avigation is an active private limited company based in Gurgaon, Haryana, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 April 2017 (9+ years old) and is registered under CIN U74999HR2017PTC068600.
Iotechworld Avigation has 3 current directors:
- Anoop Kumar Upadhyay - Whole-Time Director
- Deepak Bhardwaj - Whole-Time Director
- Vinod Kumar Bansal - Director
The latest financial statements of Iotechworld Avigation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 November 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Iotechworld Avigation is 06AAECI4680B1ZU, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECI4680B1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Iotechworld Avigation is U74999HR2017PTC068600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iotechworld Avigation has 6 court cases on record: 1 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Iotechworld Avigation was incorporated on 17 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Haryana.
Iotechworld Avigation has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹20.34 Cr; the latest was in September 2021.
Vinod Kumar Bansal was appointed as Director on 04 Sep 2021. Deepak Bhardwaj ceased to be Director on 13 Jul 2021. Anoop Kumar Upadhyay was appointed as Whole-Time Director on 06 Jul 2021. Iotechworld Avigation has 6 board changes on record in total.
Yes, Iotechworld Avigation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Iotechworld Avigation has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 06 May 2024.