About Iplex India Private Limited
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Iplex India Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of The Iplex Limited. It operates in the business process outsourcing sector. It was incorporated on 22 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2011PTC068341. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kaushal Kanubhai Chokshi and Sridhar Dakshinamurthy Vangala.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1st Floor North Wing Vadodara Hyper Dr.Vikram Sarabhai Marg Alkapuri, Gujarat, India – 390007.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.56 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹13.32 Lakh (net margin -106.1%) and EBITDA of ₹5.03 Lakh (EBITDA margin 40.1%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 54% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18 Lakh and satisfied charges of ₹20 Lakh on record. Court records list 41 cases involving the company, including 21 filed by the company and 20 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theiplex.com.
Company details
Contact details
Iplex India Private Limited's registered office is in Vadodara, Gujarat. Its website is theiplex.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address1st Floor North Wing Vadodara Hyper Dr.Vikram Sarabhai Marg Alkapuri, Gujarat, India – 390007
- IndustryBusiness Outsourcing, Business Process Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Iplex India 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
Business activity
The main business activity of Iplex India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Iplex India Private Limited, buy the company report.
Financials of Iplex India Private Limited
FY 2021 filings availableIplex India Private Limited reported revenue of ₹12.56 Lakh (down 95% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 95% fall in the latest year. EBITDA fell 83% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹5.03 Lakh | ||||
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| Net Profit (PAT) | -₹13.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 40.1% | ||||
| Net Profit Margin | -106.1% | ||||
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To see the full financial statements and ratios of Iplex India Private Limited, buy the company report.
Board of directors of Iplex India Private Limited
Iplex India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Kanubhai Chokshi | Director | 22 Dec 2011 | 14 Years 10 Months | Current |
| Sridhar Dakshinamurthy Vangala | Director | 22 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Iplex India Private Limited is audited by DINESH K SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH K SHAH & CO | FY 2020 | 102602W |
Shareholding
The shareholding of Iplex India Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iplex India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2017 | 100117005 | Others | ₹18 Lakh | Open | |
| 14 Sep 2012 | 10384936 | The Karur Vysya Bank Ltd | ₹20 Lakh | Satisfied |
To see the full charge records of Iplex India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Iplex India Private Limited has 41 court cases on record: 21 filed by Iplex India, 20 filed against it. 12 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 18 | 2 |
| High courts | 12 | 2 | 10 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (IAAP) | Filed against the company by Chevrolet Sales India Private Limited and 3 others | Disposed |
| High Court, MAHARASHTRA | Court case (CARAP) | Filed against the company by Samsung India Electronics Pvt. Ltd. | Disposed |
| District court, Shahdara, Delhi | Court case (OMP (I) (COMM)) | Filed against the company by Toyota Financial Services India Ltd | Disposed |
| High Court, GUJARAT | Court case (CR.RA) | Filed by the company against State of Gujarat and 1 other | Pending |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by M/S Samsung India Electronic Pvt. Ltd | Pending |
To see the full case history of Iplex India 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
No delayed payments to MSME suppliers are on our record for Iplex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iplex India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Iplex India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Iplex India Private Limited, buy the company report.
Recent activity
Iplex India Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Kaushal Kanubhai Chokshi was appointed as Director on 22 Dec 2011.
Frequently asked questions
Iplex India is an active private limited company based in Vadodara, Gujarat, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 22 December 2011 (15+ years old) and is registered under CIN U74140GJ2011PTC068341.
Iplex India has 2 current directors:
- Kaushal Kanubhai Chokshi - Director
- Sridhar Dakshinamurthy Vangala - Director
The latest financial statements of Iplex India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Iplex India has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Iplex India is U74140GJ2011PTC068341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iplex India has 41 court cases on record: 21 filed by the company and 20 filed against it. 12 are pending. Most are in the district courts.
Iplex India was incorporated on 22 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kaushal Kanubhai Chokshi was appointed as Director on 22 Dec 2011. Sridhar Dakshinamurthy Vangala was appointed as Director on 22 Dec 2011.
Iplex India can be reached through the website theiplex.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Iplex India is at 1st Floor North Wing Vadodara Hyper Dr.Vikram Sarabhai Marg Alkapuri, Gujarat, India – 390007.
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