About Ipsit Enterprises Private Limited
Data last updated:
Ipsit Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 24 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2012PTC227392. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Prasanna Ravindra Gadkari and Sumati Ravidnra Gadkari.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A – 103 Vishnu Apartment L.T. Road Babhai Naka Borivli (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2022, the company reported a revenue of ₹67,823, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹4,687 (net margin 6.9%) and EBITDA of ₹10,629 (EBITDA margin 15.7%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 70% over five years.
The company is associated with 1 brand: IPSIT Projects. As per MCA filings, the company has open charges of ₹19.25 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2013. Its 4 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (buildings) are compared by revenue, 2 larger and 2 smaller; the largest is Nirvana Procon Private Limited with revenue of ₹67,905.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ipsitprojects.com.
Company details
Contact details
Ipsit Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is ipsitprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 103 Vishnu Apartment L.T. Road Babhai Naka Borivli (West), Mumbai, Maharashtra, India – 400092
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ipsit Enterprises 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
Brands
Ipsit Enterprises operates one associated brand: IPSIT Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development services are provided in India. | ipsitprojects.com |
Financials of Ipsit Enterprises Private Limited
FY 2022 filings availableIpsit Enterprises Private Limited reported revenue of ₹67,823 (down 98% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 98% fall in the latest year. EBITDA rose 159% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹10,629 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4,687 | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 6.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ipsit Enterprises Private Limited, buy the company report.
Board of directors of Ipsit Enterprises Private Limited
Ipsit Enterprises 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 |
|---|---|---|---|---|
| Tejashri Prasanna Gadkari Also directs: Ipsit Incline Realtors LLP, Harsha Realtors Private Limited | Additional Director | 24 Dec 2024 | 1 Years 10 Months | Current |
| Prasanna Ravindra Gadkari | Director | 24 Feb 2012 | 14 Years 8 Months | Current |
| Sumati Ravidnra Gadkari Also directs: Harsha Realtors Private Limited | Director | 24 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Ipsit Enterprises Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nirvana Procon Private Limited | ₹67,905 (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Prisac Housing Constructions Private Limited | ₹67,850 (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Ipsit Enterprises Private Limitedthis company | ₹67,823 (FY 2022) | ₹4,687 | 6.9% | -98.0% | Mumbai, Maharashtra, India | |
| Agrasen Nirmans(Indore)Pvt Ltd | ₹67,789 (FY 2025) | 21.0% | Indore, Madhya Pradesh, India | |||
| Hommfactor Ncccl Construction Private Limited | ₹67,302 (FY 2025) | -11.0% | Lower Parel Mumbai, Maharashtra, India |
To see the full peer comparison of Ipsit Enterprises Private Limited, buy the company report.
Auditor
Ipsit Enterprises Private Limited is audited by Mohandas & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohandas & Co. | FY 2021 | 106529W |
Shareholding
The shareholding of Ipsit Enterprises Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ipsit Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2019 | 100318563 | Others | ₹1.75 Cr | Open | |
| 30 Nov 2017 | 100150856 | Others | ₹14.4 Cr | Open | |
| 06 Sep 2013 | 10449390 | The Cosmos Co- Operative Bank Ltd | ₹3.1 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Ipsit Enterprises Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Funding round | ₹99 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ipsit Enterprises Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by an individual | Disposed |
To see the full case history of Ipsit Enterprises 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 Ipsit Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ipsit Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ipsit Enterprises Private Limited, buy the company report.
Recent activity
Ipsit Enterprises Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Tejashri Prasanna Gadkari was appointed as Additional Director on 24 Dec 2024.
Frequently asked questions
Ipsit Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 24 February 2012 (14+ years old) and is registered under CIN U55101MH2012PTC227392.
Ipsit Enterprises has 3 current directors:
- Tejashri Prasanna Gadkari - Additional Director
- Prasanna Ravindra Gadkari - Director
- Sumati Ravidnra Gadkari - Director
The latest financial statements of Ipsit Enterprises on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Ipsit Enterprises has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ipsit Enterprises is U55101MH2012PTC227392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipsit Enterprises has 1 court case on record: 1 filed against it.
Ipsit Enterprises was incorporated on 24 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Ipsit Enterprises has 1 deal on record (1 funding round), with disclosed funding of ₹99 Lakh; the latest was in September 2013.
The peers of Ipsit Enterprises by revenue are Nirvana Procon Private Limited, Prisac Housing Constructions Private Limited, Agrasen Nirmans(Indore)Pvt Ltd, Hommfactor Ncccl Construction Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Tejashri Prasanna Gadkari was appointed as Additional Director on 24 Dec 2024. Tejashri Prasanna Gadkari ceased to be Director on 01 May 2013. Prasanna Ravindra Gadkari was appointed as Director on 24 Feb 2012. Ipsit Enterprises has 4 board changes on record in total.
Ipsit Enterprises can be reached through the website ipsitprojects.com. Its registered office is in Mumbai, Maharashtra, India.