About Ipg Photonics (India) Private Limited
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Ipg Photonics (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ipg Laser Gmbh (Germany). It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 19 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32204KA2001PTC028778. Its GSTIN is 29AAACI8711P1Z1 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.78 Cr. It is led by directors including Rajesh Rambabu Sharma (Managing Director) and Santhosh Damodaran (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹220.19 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹71.35 Lakh (net margin 0.3%) and EBITDA of ₹4.79 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 25% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IPG Photonics. As per MCA filings, the company has open charges of ₹6.2 Lakh on record. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹3.33 Cr; the latest was in February 2010. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Bombay Fluid System Components Private Limited with revenue of ₹241.58 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 ipgphotonics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBrigade Senate – 2 No.108 1st Floor, Outer Ring Road Hebbal, Bangalore, Karnataka, India – 560094
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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 Ipg Photonics (India) Private Limited
The main business activity of Ipg Photonics (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 Ipg Photonics (India) Private Limited FY 2025 filings available
Ipg Photonics (India) Private Limited reported revenue of ₹220.19 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ipg Photonics (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 36% growth in the latest year. EBITDA rose 16% 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 Ipg Photonics (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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹71.35 Lakh | •••• | •••• | •••• | •••• |
| 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 Ipg Photonics (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Ipg Photonics (India) are in the company report.
Financial statements from 2015
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 Ipg Photonics (India) Private Limited
Ipg Photonics (India) Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bombay Fluid System Components Private Limited | ₹241.58 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Eagle Network Supply Private Limited | ₹240.71 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Ghitorni, Delhi, India |
| Brace Iron & Steel Private Limited | ₹237.58 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Graco India Private Limited | ₹236.24 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Haryana, India |
| Srinivasa Sales & Service Private Limited | ₹232.99 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Ipg Photonics (India) Private Limited this company | ₹220.19 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Dywidag Bridgecon India Private Limited | ₹211.79 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Anjaniputra Agencies Private Limited | ₹210.38 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Raipur, Chhattisgarh, India |
| Beyond Drilling and Exploration Private Limited | ₹206.01 Cr (FY 2025) | •••• | •••• | 450.0% | •••• | Delhi, India |
| Ta Associates Advisory Private Limited | ₹205.39 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | Mumbai, Maharashtra, India |
| Ravi Tubes and Pipes Private Limited | ₹205.25 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Ipg Photonics (India) by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), 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 Ipg Photonics (India) Private Limited
Ipg Photonics (India) Private Limited is audited by G V SUNDER & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G V SUNDER & COMPANY | 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 Ipg Photonics (India) Private Limited
Ipg Photonics (India) has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Evgeny Alekseevich Scherbakov | Nominee Director | 14 Dec 2004 | 21 Years 9 Months | Current |
| Rajesh Rambabu Sharma | Managing Director | 20 Jun 2016 | 10 Years 3 Months | Current |
| Santhosh Damodaran | Whole-Time Director | 31 Jan 2018 | 8 Years 8 Months | Current |
| Trevor Douglas Ness | Director | 02 Feb 2012 | 14 Years 8 Months | Current |
| Timothy Peter Verghese Mammen | Director | 14 Nov 2024 | 1 Years 10 Months | Current |
| Mark Milton Gitin | Director | 14 Nov 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Ipg Photonics (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 Ipg Photonics (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2006 | Corporation Bank | ₹6.2 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Ipg Photonics (India) Private Limited
Ipg Photonics (India) Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹3.33 Cr; the latest was in February 2010.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2010 | Funding round | ₹1.18 Cr | Investors: IPG Laser GmbH |
| Apr 2009 | Funding round | ₹76.8 Lakh | Investors: IPG Laser GmbH |
| Mar 2008 | Funding round | ₹1.38 Cr | Investors: IPG Laser GmbH |
Full deal history
All 3 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.
MSME Payment Delays by Ipg Photonics (India) Private Limited
Ipg Photonics (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Ipg Photonics (India) Private Limited
Ipg Photonics (India) operates one associated brand: IPG Photonics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-performance fiber lasers and amplifiers are developed and manufactured. | ipgphotonics.com |
Employees and EPFO Compliance at Ipg Photonics (India) Private Limited
Ipg Photonics (India) Private Limited has a workforce of 35 employees as of Apr 05, 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.
News related to Ipg Photonics (India) Private Limited
Recent Activity on Ipg Photonics (India) Private Limited
Ipg Photonics (India) Private Limited has 15 board changes on record since 2004: 6 appointments and 9 cessations. The latest: Mark Milton Gitin ceased to be Additional Director on 26 Oct 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ipg Photonics (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.
Subsidiaries & Group Companies of Ipg Photonics (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 Ipg Photonics (India) Private Limited
Ipg Photonics (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI8711P1Z1 | Karnataka | Active | 01 Jul 2017 |
| 09AAACI8711P1Z3 | Uttar Pradesh | Active | 01 Jul 2017 |
| 24AAACI8711P1ZB | Gujarat | Active | 21 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 Ipg Photonics (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 Ipg Photonics (India) Private Limited
Ipg Photonics (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 19 March 2001 (25+ years old) and is registered under CIN U32204KA2001PTC028778.
Ipg Photonics (India) reported revenue of ₹220.19 Cr for FY 2025 (up 36% YoY).
Ipg Photonics (India) has 6 current directors:
- Rajesh Rambabu Sharma - Managing Director
- Santhosh Damodaran - Whole-Time Director
- Evgeny Alekseevich Scherbakov - Nominee Director
- Trevor Douglas Ness - Director
- Timothy Peter Verghese Mammen - Director
- Mark Milton Gitin - Director
Ipg Photonics (India) reported a net profit of ₹71.35 Lakh (net margin 0.3%) and EBITDA of ₹4.79 Cr (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ipg Photonics (India) is 16% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ipg Photonics (India) is 29AAACI8711P1Z1, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AAACI8711P1Z3 (Uttar Pradesh), 24AAACI8711P1ZB (Gujarat).
The CIN (Corporate Identification Number) of Ipg Photonics (India) is U32204KA2001PTC028778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipg Photonics (India) was incorporated on 19 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Ipg Photonics (India) has 3 deals on record (3 funding rounds), with disclosed funding of ₹3.33 Cr; the latest was in February 2010.
The peers of Ipg Photonics (India) by revenue are Bombay Fluid System Components Private Limited, Eagle Network Supply Private Limited, Brace Iron & Steel Private Limited, Graco India Private Limited, Srinivasa Sales & Service Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution).
Mark Milton Gitin ceased to be Additional Director on 26 Oct 2025. Timothy Peter Verghese Mammen ceased to be Additional Director on 26 Oct 2025. Evgeny Alekseevich Scherbakov ceased to be Nominee Director on 16 Dec 2024. Ipg Photonics (India) has 15 board changes on record in total.
Ipg Photonics (India) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 Jun 2019.