About Ipec India Private Limited
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Ipec India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 02 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31904DL2017PTC325553. Its GSTIN is 29AAECI6713P1ZZ (Karnataka).
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹3.33 Cr. It is led by directors including Vinod Sharma (Managing Director) and Zohra Fazil Khan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 132 Somdutt Chambers – I Bhikaji Cama Place, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹129.64 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹7.69 Cr (net margin -5.9%) and EBITDA of -₹4.21 Cr (EBITDA margin -3.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 87% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Deki Electronics and IPEC. As per MCA filings, the company has open charges of ₹41.01 Cr and satisfied charges of ₹17 Cr on record. The company has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹33.74 Cr; the latest was in March 2025. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Sparco Batteries Private Limited with revenue of ₹132.37 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website i-pec.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address132 Somdutt Chambers – I Bhikaji Cama Place, New Delhi, Delhi, India – 110066
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Ipec India Private Limited
The main business activity of Ipec India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ipec India Private Limited FY 2025 filings available
Ipec India Private Limited reported revenue of ₹129.64 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ipec India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years, including 41% growth 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 of Ipec India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹129.64 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.69 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ipec India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ipec India are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ipec India Private Limited
Ipec India Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sparco Batteries Private Limited | ₹132.37 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| DGC Industries Private Limited | ₹131.99 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Advanced Appliances Pvt. Ltd. | ₹131.24 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Stranger Audio Private Limited | ₹131.02 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Assam Electronics Development Corporation Limited | ₹130.85 Cr (FY 2018) | •••• | •••• | -51.0% | •••• | Guwahati, Assam, India |
| Ipec India Private Limited this company | ₹129.64 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Blisstering Electronics Private Limited | ₹128.95 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Noida, Uttar Pradesh, India |
| Leo Electrods Private Limited | ₹127.87 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Shanti Refrigeration Industries Private Limited | ₹127.69 Cr (FY 2019) | •••• | •••• | -15.0% | •••• | Pantnagar, Uttarakhand, India |
| Speciality Enterprises Private Limited | ₹127.08 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | Ahmednagar, Maharashtra, India |
| Formosus Retail Private Limited | ₹126.84 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Ipec India by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ipec India Private Limited
Ipec India Private Limited is audited by R.K.LAL & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K.LAL & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ipec India Private Limited
Ipec India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Sharma Also directs: Value4tronics Enterprises LLP, Awesense Five Private Limited, Neolync India Private Limited and 5 more | Managing Director | 02 Nov 2017 | 8 Years 11 Months | Current |
| Zohra Fazil Khan Also directs: Talagund Energy Ventures LLP | Director | 02 Nov 2017 | 8 Years 11 Months | Current |
| Sung Jae Park | Director | 31 Jan 2024 | 2 Years 8 Months | Current |
Ownership and Shareholding of Ipec India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ipec India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2026 | Others | ₹5.95 Cr | Open |
| 13 Nov 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open |
| 05 Oct 2024 | Others | ₹30.06 Cr | Open |
| 30 Mar 2023 | Others | ₹15 Cr | Satisfied |
| 20 Aug 2021 | Others | ₹2 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Ipec India Private Limited
Ipec India Private Limited has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹33.74 Cr; the latest was in March 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mehar Enterprises Private Limited , Sungho Electronics Corp, Deki Electronics Limited |
| May 2023 | Funding round | ₹7 Cr | Investors: Mehar Enterprises Private Limited , Deki Electronics Limited , Sungho Electronics Corp |
| May 2022 | Funding round | ₹1.74 Cr | Investors: Sungho Electronics Corp, Deki Electronics Limited , Mehar Enterprises Private Limited |
| Oct 2020 | Rights issue | ₹90 Lakh | Investors: Mehar Enterprises Private Limited , Sungho Electronics Corp, Deki Electronics Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Mehar Enterprises Private Limited , Deki Electronics Limited Seller: 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Ipec India Private Limited
Ipec India operates two associated brands: Deki Electronics and IPEC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures film capacitors for automotive, consumer, and industrial applications worldwide. | dekielectronics.com | |
| Power conversion solutions for e-mobility are designed and manufactured. | i-pec.in |
Employees and EPFO Compliance at Ipec India Private Limited
Ipec India Private Limited has a workforce of 63 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ipec India Private Limited
Ipec India has 1 joint venture and 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Recent Activity on Ipec India Private Limited
Ipec India Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Sung Jae Park ceased to be Additional Director on 29 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ipec India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ipec India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ipec India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ipec India Private Limited
Ipec India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI6713P1ZZ | Karnataka | Active | 20 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ipec India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ipec India Private Limited
Ipec India is an active private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 02 November 2017 (9+ years old) and is registered under CIN U31904DL2017PTC325553.
Ipec India reported revenue of ₹129.64 Cr for FY 2025 (up 41% YoY).
Ipec India has 3 current directors:
- Vinod Sharma - Managing Director
- Zohra Fazil Khan - Director
- Sung Jae Park - Director
Ipec India reported a net loss of ₹7.69 Cr (net margin -5.9%) and EBITDA of -₹4.21 Cr (EBITDA margin -3.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ipec India is 28% over three years and 87% over five years. In the latest year (FY 2025) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ipec India is 29AAECI6713P1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Ipec India is U31904DL2017PTC325553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipec India was incorporated on 02 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Ipec India has 7 deals on record (3 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹33.74 Cr; the latest was in March 2025.
The peers of Ipec India by revenue are Sparco Batteries Private Limited, DGC Industries Private Limited, Advanced Appliances Pvt. Ltd, Stranger Audio Private Limited, Assam Electronics Development Corporation Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Sung Jae Park ceased to be Additional Director on 29 Sep 2024. Sung Jae Park was appointed as Director on 31 Jan 2024. Vinod Sharma ceased to be Director on 31 Jul 2023. Ipec India has 5 board changes on record in total.