MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-24-0010793
Ipcon Labs Private Limited
Ipcon Labs Private Limited - trading in Shimoga, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.08 Cr
Latest filing
Net loss · FY 2024
₹7.06 Lakh
Net margin -3.4%
EBITDA · FY 2024
-₹2.23 Lakh
EBITDA margin -1.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
6
As per MCA filings
About Ipcon Labs Private Limited
Data last updated:
Ipcon Labs Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 06 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24232KA2013PTC068951. Its GSTIN is 29AADCI2411B1Z6 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vinay Krishna Naik and Gururaj Kulkarni Ranganath.
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 103 Shivaji Road Right Side Ashok Road Marigaddige Leftside Shimoga, Karnataka, India – 577201.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.08 Cr. For the same year it recorded a net loss of ₹7.06 Lakh (net margin -3.4%) and EBITDA of -₹2.23 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹5 Lakh on record.
Ipcon Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0010793). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24232KA2013PTC068951
Registration Number 068951
Incorporation Date 06 May 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-24-0010793
Key People
Vinay Krishna Naik Director Gururaj Kulkarni Ranganath Director Vijendra Ranganath Kulkarni Director Recognitions & Rankings of Ipcon Labs
Contact details
Ipcon Labs Private Limited's registered office is in Shimoga, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address103 Shivaji Road Right Side Ashok Road Marigaddige Leftside Shimoga, Karnataka, India – 577201
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Ipcon Labs Private Limited, buy the company report.
Comprehensive company report
Ipcon Labs Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ipcon Labs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ipcon Labs Private Limited, buy the company report.
Financials of Ipcon Labs Private Limited
FY 2025 filings availableIpcon Labs Private Limited reported revenue of ₹2.08 Cr for FY 2024.
Revenue · FY 2024
₹2.08 Cr
Net loss · FY 2024
₹7.06 Lakh margin -3.4%
EBITDA · FY 2024
-₹2.23 Lakh margin -1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 16%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 129%
3 years · compounded
▼ 32%
5 years · compounded
▼ 17%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years. EBITDA fell 129% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹2.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.06 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ipcon Labs Private Limited, buy the company report.
Board of directors of Ipcon Labs Private Limited
Ipcon Labs has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Krishna Naik | Director | 07 Sep 2024 | 2 Years 1 Months | Current |
| Gururaj Kulkarni Ranganath | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
| Vijendra Ranganath Kulkarni | Director | 06 May 2013 | 13 Years 5 Months | Current |
| Gujjar Somashekara Nagaraj | Director | 06 May 2013 | 13 Years 5 Months | Current |
| Balasubramanya | Director | 06 May 2013 | 13 Years 5 Months | Current |
| Gujjar Nagaraj Vani | Director | 06 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Ipcon Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Terait Technologies Private Limited | ₹2.08 Cr (FY 2023) | 37.0% | Bangalore, Karnataka, India | |||
| Markk Business Private Limited | ₹2.08 Cr (FY 2024) | -7.0% | Jaipur, Rajasthan, India | |||
| Muneshwara Motors Private Limited | ₹2.08 Cr (FY 2015) | Mysore, Karnataka, India | ||||
| Tanvi Instruments Private Limited | ₹2.08 Cr (FY 2025) | -17.0% | Jaipur, Rajasthan, India | |||
| Khirkee Chemicals Private Limited | ₹2.08 Cr (FY 2025) | -18.0% | Chennai, Tamil Nadu, India | |||
| Ipcon Labs Private Limitedthis company | ₹2.08 Cr (FY 2024) | -₹7.06 Lakh | -3.4% | Shimoga, Karnataka, India | ||
| Future Prime and Beverages Private Limited | ₹2.08 Cr (FY 2025) | 31.0% | Sonipat, Haryana, India | |||
| Deepodaya Pharmaceuticals Private Limited | ₹2.08 Cr (FY 2025) | -51.0% | Lucknow, Uttar Pradesh, India | |||
| Wellogen Pharma Private Limited | ₹2.08 Cr (FY 2023) | 35.0% | Ahmedabad, Gujarat, India | |||
| Pristine Capital Consultants Private Limited | ₹2.08 Cr (FY 2025) | 30.0% | Kanpur, Uttar Pradesh, India | |||
| Rishi Vastra Vyapar Private Limited | ₹2.08 Cr (FY 2024) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ipcon Labs Private Limited, buy the company report.
Auditor
Ipcon Labs Private Limited is audited by PATIL KABBUR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATIL KABBUR & ASSOCIATES | FY 2017 | 219878 |
Shareholding
The shareholding of Ipcon Labs Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ipcon Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2018 | 100217694 | State Bank of India | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ipcon Labs 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 Ipcon Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ipcon Labs Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Ipcon Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI2411B1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ipcon Labs Private Limited, buy the company report.
Recent activity
Ipcon Labs Private Limited has 10 board changes on record since 2013: 6 appointments and 4 cessations. The latest: Vinay Krishna Naik was appointed as Director on 07 Sep 2024.
AGM
Ipcon Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ipcon Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Vinay Krishna Naik was appointed as Director.
Ceased
Gururaj Kulkarni Ranganath ceased to be Additional Director.
Ceased
Krishna Ganesh Naik ceased to be Additional Director.
Appointed
Gururaj Kulkarni Ranganath was appointed as Director.
Ceased
Nayak Sunkeri Sainath ceased to be Director.
Ceased
Vinay Krishna Naik ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 5.00 Lakh with Charge ID 100217694 was registered on 09 Jul 2018.
Appointed
Balasubramanya was appointed as Director.
Appointed
Gujjar Nagaraj Vani was appointed as Director.
Appointed
Gujjar Somashekara Nagaraj was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Ipcon Labs is an active private limited company based in Shimoga, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 06 May 2013 (13+ years old) and is registered under CIN U24232KA2013PTC068951.
Ipcon Labs has 6 current directors:
- Vinay Krishna Naik - Director
- Gururaj Kulkarni Ranganath - Director
- Vijendra Ranganath Kulkarni - Director
- Gujjar Somashekara Nagaraj - Director
- Balasubramanya - Director
- Gujjar Nagaraj Vani - Director
The latest financial statements of Ipcon Labs 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 Ipcon Labs is 29AADCI2411B1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Ipcon Labs is U24232KA2013PTC068951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipcon Labs was incorporated on 06 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ipcon Labs by revenue are Terait Technologies Private Limited, Markk Business Private Limited, Muneshwara Motors Private Limited, Tanvi Instruments Private Limited, Khirkee Chemicals Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Vinay Krishna Naik was appointed as Director on 07 Sep 2024. Gururaj Kulkarni Ranganath ceased to be Additional Director on 30 Sep 2019. Krishna Ganesh Naik ceased to be Additional Director on 30 Sep 2019. Ipcon Labs has 10 board changes on record in total.
Yes, Ipcon Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-24-0010793).
The registered office of Ipcon Labs is at 103 Shivaji Road Right Side Ashok Road Marigaddige Leftside Shimoga, Karnataka, India – 577201.
Ipcon Labs operates in the trading industry, in the other wholesale segment.