About Ira Industries Limited
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Ira Industries Limited is a public limited company based in Kurkumbh, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 20 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31501PN2010PLC136361. Its GSTIN is 27AACCI3115P1ZF (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was formerly known as Ira Electrical Limited. It is led by director Piyush Madhukar Daddikar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. E – 45/2 MIDC Kurkumbh Tal – Daund, Maharashtra, India – 413802.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.13 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.93 Lakh (net margin 2.5%) and EBITDA of ₹69.9 Lakh (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 24% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.71 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 4 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 iraindustries.com.
Company details
Contact details
Ira Industries Limited's registered office is in Kurkumbh, Maharashtra. Its website is iraindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. E – 45/2 MIDC Kurkumbh Tal – Daund, Maharashtra, India – 413802
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Ira Industries 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 Ira Industries is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Ira Industries Limited, buy the company report.
Financials of Ira Industries Limited
FY 2020 filings availableIra Industries Limited reported revenue of ₹3.13 Cr (down 7% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹69.9 Lakh | ||||
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| Net Profit (PAT) | ₹7.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 22.3% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Ira Industries Limited, buy the company report.
Board of directors of Ira Industries Limited
Ira Industries has 1 current director and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Madhukar Daddikar | Additional Director | 01 Feb 2021 | 5 Years 9 Months | Current |
Auditor
Ira Industries Limited is audited by BAMBOLI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAMBOLI & ASSOCIATES | FY 2019 | 145316W |
Shareholding
The shareholding of Ira Industries Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ira Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2015 | 10557265 | Others | ₹5.83 Cr | Satisfied | |
| 15 Mar 2013 | 10418770 | Union Bank of India | ₹87.63 Lakh | Satisfied |
To see the full charge records of Ira Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ira Industries Limited has 9 court cases on record: 9 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by BPW Trailer Systems India Private Ltd | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Adr Axles India Private Limited Through Giulio Segneri | Pending |
| High Court, MAHARASHTRA | Court case (ARP) | Filed against the company by Towell Engineering International LLP | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Adr Axles India Pvt Ltd Through Giulio Segneri | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Metcon Coating & Chemicals India Pvt Ltd | Disposed |
To see the full case history of Ira Industries 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 Ira Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ira Industries Limited has a workforce of 12 employees on its EPFO records as of May 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 12 |
GST
Ira Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI3115P1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ira Industries Limited, buy the company report.
Recent activity
Ira Industries Limited has 39 board changes on record since 2010: 20 appointments and 19 cessations. The latest: Ekadashee Sahoo ceased to be Director on 07 Jul 2022.
36 earlier events are in the company report.
Frequently asked questions
Ira Industries is an active public limited company based in Kurkumbh, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 20 May 2010 (16+ years old) and is registered under CIN U31501PN2010PLC136361.
Ira Industries has 1 current director:
- Piyush Madhukar Daddikar - Additional Director
The latest financial statements of Ira Industries on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Ira Industries is 27AACCI3115P1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ira Industries is U31501PN2010PLC136361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ira Industries has 9 court cases on record: 9 filed against it. 4 are pending. Most are in the district courts.
Ira Industries was incorporated on 20 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Ekadashee Sahoo ceased to be Director on 07 Jul 2022. Rahul Sadashiv Pokale ceased to be Additional Director on 13 Jan 2022. Kalyani Ekadashee Sahoo ceased to be Director on 25 Nov 2021. Ira Industries has 39 board changes on record in total.
Ira Industries can be reached through the website iraindustries.com. Its registered office is in Kurkumbh, Maharashtra, India.
The registered office of Ira Industries is at Plot No. E – 452 MIDC Kurkumbh Tal – Daund, Maharashtra, India – 413802.
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