About Ipower Batteries Private Limited
Data last updated:
Ipower Batteries Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27200DL2019PTC359433. Its GSTIN is 06AAFCI5222G2ZU (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Vikas Aggarwal and Chhavi Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at M – 6 Office Balram House Karampura, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.54 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹4.65 Cr (net margin 7.3%) and EBITDA of ₹8.36 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 338% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
For more details, the company can be reached via its website ipowerbatteries.in.
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- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressM – 6 Office Balram House Karampura, Delhi, India – 110015
- 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 Ipower Batteries Private Limited
The main business activity of Ipower Batteries 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 Ipower Batteries Private Limited FY 2024 filings available
Ipower Batteries Private Limited reported revenue of ₹63.54 Cr (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ipower Batteries Private Limited
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 338%. EBITDA fell 62% 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 Ipower Batteries 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 | ₹8.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.65 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 Ipower Batteries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.3% | •••• | •••• | •••• | •••• |
| 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 Ipower Batteries are in the company report.
Financial statements from FY 2020
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 Ipower Batteries Private Limited
Ipower Batteries 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 |
|---|---|---|---|---|---|---|
| Eastern Micropor Private Limited | ₹65.17 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Howrah, West Bengal, India |
| Highflow Industries Private Limited | ₹64.42 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Faizabad, Uttar Pradesh, India |
| Baliga Lighting Equipments Private Limited | ₹64.31 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Effectronic Technology Private Limited | ₹63.73 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Hyderabad, Telangana, India |
| Fortune Infovision Private Limited | ₹63.66 Cr (FY 2016) | •••• | •••• | 111.0% | •••• | Jaipur, Rajasthan, India |
| Ipower Batteries Private Limited this company | ₹63.54 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Delhi, India |
| Mysore Light & Interiors Private Limited | ₹63.43 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Bengaluru, Karnataka, India |
| TVS Indeon Limited | ₹63.01 Cr (FY 2025) | •••• | •••• | 14056.0% | •••• | Chennai, Tamil Nadu, India |
| Synergy Appliances Private Limited | ₹62.94 Cr (FY 2016) | •••• | •••• | •••• | Ahamednagar, Maharashtra, India | |
| Legendary Distributors Private Limited | ₹62.93 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Ernakulam, Kerala, India |
| Carpol Industries Private Limited | ₹62.66 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Ipower Batteries 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.
Board of Directors of Ipower Batteries Private Limited
Ipower Batteries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Aggarwal Also directs: Keeo Life Private Limited, Accell Energy Batteries Private Limited | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
| Chhavi Aggarwal | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
| Abhay Aggarwal Also directs: Accell Energy Batteries Private Limited | Director | 07 Oct 2024 | 2 Years 0 Months | Current |
Charges & Borrowings of Ipower Batteries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2025 | Hdfc Bank Limited | ₹6 Cr | Open |
| 21 Apr 2021 | The Hongkong and Shanghai Banking Corporation Limited | ₹34 Cr | Open |
| 21 Apr 2021 | The Hongkong and Shanghai Banking Corporation Limited | ₹35 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Ipower Batteries Private Limited
Ipower Batteries Private Limited has 3 court cases on record: 2 filed by Ipower Batteries, 1 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (Counter Claim) | Filed against the company by Tiranga Autotech India Private Limited | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Tiranga Autotech India Private Limited | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against KPPM EV Private Limited | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ipower Batteries Private Limited
Employment history and EPFO contributions of people linked to Ipower Batteries.
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.
CIN History of Ipower Batteries Private Limited
Ipower Batteries has one previous CIN (Corporate Identification Number): U74999DL2019PTC359433. The current CIN is U27200DL2019PTC359433, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27200DL2019PTC359433 | Current |
| U74999DL2019PTC359433 | Previous |
Recent Activity on Ipower Batteries Private Limited
Ipower Batteries Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Abhay Aggarwal ceased to be Additional Director on 29 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ipower Batteries 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 Ipower Batteries 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 Ipower Batteries 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 Ipower Batteries Private Limited
Ipower Batteries has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCI5222G2ZU | Haryana | Active | 17 Mar 2021 |
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 Ipower Batteries 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 Ipower Batteries Private Limited
Ipower Batteries is an active private limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 December 2019 (7+ years old) and is registered under CIN U27200DL2019PTC359433.
Ipower Batteries reported revenue of ₹63.54 Cr for FY 2025 (down 62% YoY).
Ipower Batteries has 3 current directors:
- Vikas Aggarwal - Director
- Chhavi Aggarwal - Director
- Abhay Aggarwal - Director
Ipower Batteries reported a net profit of ₹4.65 Cr (net margin 7.3%) and EBITDA of ₹8.36 Cr (EBITDA margin 13.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ipower Batteries is 7% over three years and 338% over five years. In the latest year (FY 2025) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ipower Batteries is 06AAFCI5222G2ZU, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ipower Batteries is U27200DL2019PTC359433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipower Batteries has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Ipower Batteries was incorporated on 27 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ipower Batteries by revenue are Eastern Micropor Private Limited, Highflow Industries Private Limited, Baliga Lighting Equipments Private Limited, Effectronic Technology Private Limited, Fortune Infovision Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Abhay Aggarwal ceased to be Additional Director on 29 Dec 2024. Abhay Aggarwal was appointed as Director on 07 Oct 2024. Chhavi Aggarwal was appointed as Director on 27 Dec 2019. Ipower Batteries has 4 board changes on record in total.