MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0058344
Ipec Project Services Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.48 Cr
▲ 164% YoY
Net profit · FY 2025
₹3.45 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹12.51 Lakh
EBITDA margin 2.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Open charges
₹52 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
20
Provident fund records
About Ipec Project Services Private Limited
Data last updated:
Ipec Project Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fire safety and firefighting equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52390KA2011PTC061280. Its GSTIN is 29AACCI7811E1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Anil Xavier Joseph and Antony Nelson Panickaveed.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.45 Lakh (net margin 0.6%) and EBITDA of ₹12.51 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 16% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52 Lakh on record.
Ipec Project Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0058344). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ipecindia.com.
Company details
CIN U52390KA2011PTC061280
Registration Number 061280
Incorporation Date 22 November 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0058344
Recognitions & Rankings of Ipec Project Services
Contact details
Ipec Project Services Private Limited's registered office is in Bangalore, Karnataka. Its website is ipecindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 73 Zurich Qubix 3rd Floor, 5th Cross Avani Sringeri Nagar Btm 6th Stage, Bangalore, Karnataka, India – 560076
- IndustryMachinery and Equipment, Fire Safety & Firefighting Equipment
To see the full contact details of Ipec Project Services Private Limited, buy the company report.
Comprehensive company report
Ipec Project Services 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
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Business activity
The main business activity of Ipec Project Services is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Ipec Project Services Private Limited, buy the company report.
Financials of Ipec Project Services Private Limited
FY 2024 filings availableIpec Project Services Private Limited reported revenue of ₹5.48 Cr (up 164% YoY) for FY 2025.
Revenue · FY 2025
₹5.48 Cr ▲ 164%
Net profit · FY 2025
₹3.45 Lakh margin 0.6%
EBITDA · FY 2025
₹12.51 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 164%
3 years · compounded
▲ 12%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 54%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 164% growth in the latest year. EBITDA rose 127% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.45 Lakh | ||||
| 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 | 2.3% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ipec Project Services Private Limited, buy the company report.
Board of directors of Ipec Project Services Private Limited
Ipec Project Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Xavier Joseph | Director | 22 Nov 2011 | 14 Years 11 Months | Current |
| Antony Nelson Panickaveed Also directs: Positron Industries Private Limited | Director | 22 Nov 2011 | 14 Years 11 Months | Current |
| Poulose Dominic | Director | 01 Oct 2015 | 11 Years 1 Months | Current |
Auditor
Ipec Project Services Private Limited is audited by SHIVA MOHAN & AITHAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVA MOHAN & AITHAL | FY 2023 | 008087S |
Shareholding
The shareholding of Ipec Project Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ipec Project Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2024 | 101017017 | Karnataka Bank Ltd. | ₹40 Lakh | Open | |
| 30 Jan 2024 | 100881580 | Others | ₹12 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ipec Project Services 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 Ipec Project Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ipec Project Services Private Limited has a workforce of 20 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-4.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 20 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ipec Project Services Private Limited, buy the company report.
GST
Ipec Project Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI7811E1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ipec Project Services Private Limited, buy the company report.
Recent activity
Ipec Project Services Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Tony Thomas George ceased to be Director on 20 Aug 2024.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 40.00 Lakh with Charge ID 101017017 was registered on 19 Nov 2024.
AGM
Ipec Project Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Tony Thomas George ceased to be Director.
Filing
Ipec Project Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 12.00 Lakh with Charge ID 100881580 was registered on 30 Jan 2024.
Appointed
Poulose Dominic was appointed as Director.
Appointed
Anil Xavier Joseph was appointed as Director.
Appointed
Antony Nelson Panickaveed was appointed as Director.
Incorporation
22 Nov 2011
Ipec Project Services Private Limited was registered on 22 Nov 2011 with Roc Bangalore & aged 14 years 11 months as per MCA records.
Frequently asked questions
Ipec Project Services is an active private limited company based in Bangalore, Karnataka, India. The company works in fire safety and firefighting equipment, within the machinery and equipment industry. It was incorporated on 22 November 2011 (15+ years old) and is registered under CIN U52390KA2011PTC061280.
Ipec Project Services has 3 current directors:
- Anil Xavier Joseph - Director
- Antony Nelson Panickaveed - Director
- Poulose Dominic - Director
The latest financial statements of Ipec Project Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ipec Project Services is 29AACCI7811E1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Ipec Project Services is U52390KA2011PTC061280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipec Project Services was incorporated on 22 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Tony Thomas George ceased to be Director on 20 Aug 2024. Poulose Dominic was appointed as Director on 01 Oct 2015. Anil Xavier Joseph was appointed as Director on 22 Nov 2011. Ipec Project Services has 4 board changes on record in total.
Yes, Ipec Project Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0058344).
Ipec Project Services can be reached through the website ipecindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ipec Project Services is at No 73 Zurich Qubix 3rd Floor, 5th Cross Avani Sringeri Nagar Btm 6th Stage, Bangalore, Karnataka, India – 560076.
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