- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-29-0009288

About Ipsa Business (India) Private Limited
Data last updated:
Ipsa Business (India) Private Limited is a private limited company based in Delhi, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL2001PTC109069. Its GSTIN is 07AAACI8084P1ZX (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.17 Lakh. It is led by directors including Anil Kumar Aggarwal and Anjana Aggarwal.
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 5096 – 98/27 F/F Sethi Market, Sirkiwalan, Delhi, India – 110006.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.25 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹55.83 Lakh (net margin 0.8%) and EBITDA of ₹6.05 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 12% over five years.
The company has about 478 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹63 Cr and satisfied charges of ₹19.39 Cr on record. Court records list 23 cases involving the company, including 17 filed by the company and 6 filed against it; 6 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.8 Lakh; the latest was in July 2020. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 799 overdue payments to 26 micro and small suppliers.
Ipsa Business (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0009288). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ipsaindia.com.
Company details
Recognitions & Rankings of Ipsa Business (India)
Contact details
Ipsa Business (India) Private Limited's registered office is in Delhi, Delhi. Its website is ipsaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5096 – 98/27 F/F Sethi Market, Sirkiwalan, Delhi, India – 110006
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Ipsa Business (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 activities of Ipsa Business (India) are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ipsa Business (India) Private Limited, buy the company report.
Financials of Ipsa Business (India) Private Limited
FY 2024 filings availableIpsa Business (India) Private Limited reported revenue of ₹73.25 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 24% growth in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.83 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ipsa Business (India) Private Limited, buy the company report.
Board of directors of Ipsa Business (India) Private Limited
Ipsa Business (India) has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Aggarwal Also directs: Suraj Hinges Private Limited, Ipsa Aluminium Private Limited, Ipsa Overseas Private Limited and 1 more | Director | 04 Jan 2001 | 25 Years 10 Months | Current |
| Anjana Aggarwal | Director | 14 Apr 2003 | 23 Years 6 Months | Current |
| Rajit Aggarwal Also directs: Suraj Hinges Private Limited, Ipsa Overseas Private Limited | Director | 04 Apr 2013 | 13 Years 7 Months | Current |
| Ankit Aggarwal Also directs: Suraj Hinges Private Limited, Ipsa Overseas Private Limited | Additional Director | 20 Jul 2020 | 6 Years 3 Months | Current |
| Ravishu Aggarwal Also directs: Suraj Hinges Private Limited, Ipsa Overseas Private Limited | Additional Director | 20 Jul 2020 | 6 Years 3 Months | Current |
Auditor
Ipsa Business (India) Private Limited is audited by JAGMOHAN SINGH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGMOHAN SINGH & ASSOCIATES | FY 2022 | 032620N |
Shareholding
The shareholding of Ipsa Business (India) 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 Ipsa Business (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2025 | 101171455 | Hdfc Bank Limited | ₹31.95 Lakh | Open | |
| 29 Mar 2023 | 100703877 | Sidbi | ₹2 Cr | Open | |
| 19 May 2022 | 100593818 | Hdfc Bank Limited | ₹35.92 Lakh | Open | |
| 09 May 2022 | 100598316 | Hdfc Bank Limited | ₹17 Lakh | Open | |
| 28 Oct 2020 | 100387063 | Sidbi | ₹81 Lakh | Open |
To see the full charge records of Ipsa Business (India) Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Ipsa Business (India) Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.8 Lakh; the latest was in July 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: Rajit Aggarwal Huf, 3 individuals Seller: Raman Kumar Agarwal Huf, 3 individuals |
| Feb 2020 | Funding round | ₹31.8 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ipsa Business (India) Private Limited has 23 court cases on record: 17 filed by Ipsa Business (India), 6 filed against it. 6 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 6 | 5 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against Lohiya Banquets Pvt. Ltd. and 2 others | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Filed against the company by State of Assam | Pending |
To see the full case history of Ipsa Business (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
Ipsa Business (India) Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 799 overdue payments to 26 micro and small suppliers. 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 (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| A V Raghuvanshi Die Casting | |||
| Phoenix Green Industries Private Limited | |||
| DST Tech Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ipsa Business (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ipsa Business (India) Private Limited has a workforce of 478 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 478 |
| 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 Ipsa Business (India) Private Limited, buy the company report.
GST
Ipsa Business (India) has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACI8084P1ZX | Delhi | Active | 01 Jul 2017 |
| 09AAACI8084P1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
| 03AAACI8084P1Z5 | Punjab | Active | 16 Aug 2024 |
To see the full GST registrations and return filing status of Ipsa Business (India) Private Limited, buy the company report.
Recent activity
Ipsa Business (India) Private Limited has 9 board changes on record since 2001: 7 appointments and 2 cessations. The latest: Ankit Aggarwal was appointed as Additional Director on 20 Jul 2020.
25 earlier events are in the company report.
Frequently asked questions
Ipsa Business (India) is an active private limited company based in Delhi, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 January 2001 (25+ years old) and is registered under CIN U74899DL2001PTC109069.
Ipsa Business (India) has 5 current directors:
- Anil Kumar Aggarwal - Director
- Anjana Aggarwal - Director
- Rajit Aggarwal - Director
- Ankit Aggarwal - Additional Director
- Ravishu Aggarwal - Additional Director
The latest financial statements of Ipsa Business (India) 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 Ipsa Business (India) is 07AAACI8084P1ZX, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAACI8084P1ZT (Uttar Pradesh), 03AAACI8084P1Z5 (Punjab).
The CIN (Corporate Identification Number) of Ipsa Business (India) is U74899DL2001PTC109069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipsa Business (India) has 23 court cases on record: 17 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.
Ipsa Business (India) was incorporated on 04 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Ipsa Business (India) has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹31.8 Lakh; the latest was in July 2020.
Ankit Aggarwal was appointed as Additional Director on 20 Jul 2020. Deepti Aggarwal ceased to be Director on 20 Jul 2020. Raman Kumar Aggarwal ceased to be Director on 20 Jul 2020. Ipsa Business (India) has 9 board changes on record in total.
Yes, Ipsa Business (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-29-0009288).
Ipsa Business (India) has 13 MSME Form 1 returns on record between 2019 and 2023, listing 799 overdue payments to 26 micro and small suppliers. The latest return was filed on 15 Nov 2023.

