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Ipower Batteries Private Limited - consumer electronics & durables in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹63.54 Cr
▼ 62% YoY
Net profit · FY 2025
₹4.65 Cr
Net margin 7.3%
EBITDA · FY 2025
₹8.36 Cr
EBITDA margin 13.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹75 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
71
Provident fund records
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.
Ipower Batteries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-18-0004836). For more details, the company can be reached via its website ipowerbatteries.in.
Company details
CIN U27200DL2019PTC359433
Registration Number 359433
Incorporation Date 27 December 2019
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-HR-18-0004836
CIN history
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 |
Recognitions & Rankings of Ipower Batteries
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-18-0004836
Contact details
Ipower Batteries Private Limited's registered office is in Delhi, Delhi.
- Social Media
- Registered AddressM – 6 Office Balram House Karampura, Delhi, India – 110015
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
Comprehensive company report
Ipower Batteries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ipower Batteries Private Limited, buy the company report.
Financials of Ipower Batteries Private Limited
FY 2024 filings availableIpower Batteries Private Limited reported revenue of ₹63.54 Cr (down 62% YoY) for FY 2025.
Revenue · FY 2025
₹63.54 Cr ▼ 62%
Net profit · FY 2025
₹4.65 Cr margin 7.3%
EBITDA · FY 2025
₹8.36 Cr margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 7%
5 years · compounded
▲ 338%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 12%
5 years · compounded
▲ 465%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.36 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹4.65 Cr | ||||
| Balance Sheet | |||||
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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 | 13.2% | ||||
| Net Profit Margin | 7.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ipower Batteries Private Limited, buy 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.
Current Directors
| 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 10 Months | Current |
| Chhavi Aggarwal | Director | 27 Dec 2019 | 6 Years 10 Months | Current |
| Abhay Aggarwal Also directs: Accell Energy Batteries Private Limited | Director | 07 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Ipower Batteries Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| Ipower Batteries Private Limitedthis company | ₹63.54 Cr (FY 2025) | ₹4.65 Cr | 7.3% | -62.0% | Delhi, India | |
| TVS Indeon Limited | ₹63.01 Cr (FY 2025) | 14056.0% | Chennai, Tamil Nadu, India | |||
| Carpol Industries Private Limited | ₹62.66 Cr (FY 2025) | 76.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ipower Batteries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101161424 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 21 Apr 2021 | 100437720 | The Hongkong and Shanghai Banking Corporation Limited | ₹34 Cr | Open | |
| 21 Apr 2021 | 100437713 | The Hongkong and Shanghai Banking Corporation Limited | ₹35 Cr | Open |
To see the full charge records of Ipower Batteries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
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.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
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 and Ors | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Tiranga Autotech India Private Limited and Ors | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against KPPM EV Private Limited | Disposed |
To see the full case history of Ipower Batteries 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 Ipower Batteries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ipower Batteries has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCI5222G2ZU | Haryana | Active | 17 Mar 2021 |
To see the full GST registrations and return filing status of Ipower Batteries Private Limited, buy the company report.
Recent activity
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.
AGM
Ipower Batteries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Cr with Charge ID 101161424 was registered on 15 Sep 2025.
Ceased
Abhay Aggarwal ceased to be Additional Director.
Appointed
Abhay Aggarwal was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 35.00 Cr registered on 21 Apr 2021 with Charge ID 100437713 was modified on 23 Jul 2024.
Filing
Ipower Batteries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 34.00 Cr registered on 21 Apr 2021 with Charge ID 100437720 was modified on 18 Mar 2023.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 34.00 Cr with Charge ID 100437720 was registered on 21 Apr 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 35.00 Cr with Charge ID 100437713 was registered on 21 Apr 2021.
Appointed
Chhavi Aggarwal was appointed as Director.
Appointed
Vikas Aggarwal was appointed as Director.
Incorporation
27 Dec 2019
Ipower Batteries Private Limited was registered on 27 Dec 2019 with Roc Delhi & aged 6 years 10 months as per MCA records.
News
Frequently asked questions
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 has 3 current directors:
- Vikas Aggarwal - Director
- Chhavi Aggarwal - Director
- Abhay Aggarwal - Director
The latest financial statements of Ipower Batteries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
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 Baliga Lighting Equipments Private Limited, Effectronic Technology Private Limited, TVS Indeon Limited, Carpol Industries Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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.
Yes, Ipower Batteries is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ipower Batteries is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-18-0004836).