MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0023325
Iracis Process Engineers Private Limited
Iracis Process Engineers Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹82.5 Lakh
▼ 8% YoY
Net profit · FY 2025
₹21.96 Lakh
Net margin 26.6%
EBITDA · FY 2025
₹31.12 Lakh
EBITDA margin 37.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹65 Lakh
No open charges
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
About Iracis Process Engineers Private Limited
Data last updated:
Iracis Process Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 29 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH1998PTC113322. Its GSTIN is 27AAACL3795J1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Labie Chemie (India) Private Limited. It is led by directors including Kunal Kamal Chokshi and Kamal Chokshi Chandrakant.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 108 Creative Industrial Center 12 N.M. Joshi Marg Lower Parel (East), Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.5 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹21.96 Lakh (net margin 26.6%) and EBITDA of ₹31.12 Lakh (EBITDA margin 37.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 38% over five years.
As per MCA filings, the company has satisfied charges of ₹65 Lakh on record.
Iracis Process Engineers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0023325). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51397MH1998PTC113322
Registration Number 113322
Incorporation Date 29 January 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0023325
Key People
Kunal Kamal Chokshi Director Kamal Chokshi Chandrakant Director Nakul Kamal Chokshi Director Recognitions & Rankings of Iracis Process Engineers
Contact details
Iracis Process Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address108 Creative Industrial Center 12 N.M. Joshi Marg Lower Parel (East), Mumbai, Maharashtra, India – 400011
- IndustryEnvironment, Water Treatment
To see the full contact details of Iracis Process Engineers Private Limited, buy the company report.
Comprehensive company report
Iracis Process Engineers 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Iracis Process Engineers 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 Iracis Process Engineers Private Limited, buy the company report.
Financials of Iracis Process Engineers Private Limited
FY 2025 filings availableIracis Process Engineers Private Limited reported revenue of ₹82.5 Lakh (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹82.5 Lakh ▼ 8%
Net profit · FY 2025
₹21.96 Lakh margin 26.6%
EBITDA · FY 2025
₹31.12 Lakh margin 37.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 1%
5 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 67%
5 years · compounded
▲ 65%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA rose 5% 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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| Total Expenses | |||||
| EBITDA | ₹31.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.96 Lakh | ||||
| 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 | 37.7% | ||||
| Net Profit Margin | 26.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Iracis Process Engineers Private Limited, buy the company report.
Board of directors of Iracis Process Engineers Private Limited
Iracis Process Engineers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Kamal Chokshi | Director | 08 Sep 2012 | 14 Years 2 Months | Current |
| Kamal Chokshi Chandrakant | Director | 08 Sep 2012 | 14 Years 2 Months | Current |
| Nakul Kamal Chokshi | Director | 08 Sep 2012 | 14 Years 2 Months | Current |
Auditor
Iracis Process Engineers Private Limited is audited by SREERAM & JAGAN for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SREERAM & JAGAN | FY 2020 | 124940W |
Shareholding
The shareholding of Iracis Process Engineers Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Iracis Process Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹65 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2012 | 10354546 | Janakalyan Sahakari Bank Limited | ₹22 Lakh | Satisfied | |
| 25 Nov 2007 | 10077922 | Janakalyan Sahakari Bank Limited | ₹5 Lakh | Satisfied | |
| 25 Nov 2007 | 10077923 | Janakalyan Sahakari Bank Limited | ₹5 Lakh | Satisfied | |
| 17 Aug 2006 | 10016957 | Janakalyan Sahakari Bank Limited | ₹4 Lakh | Satisfied | |
| 17 Aug 2006 | 10017692 | Janakalyan Sahakari Bank Limited | ₹4 Lakh | Satisfied |
To see the full charge records of Iracis Process Engineers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Iracis Process Engineers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iracis Process Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iracis Process Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL3795J1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iracis Process Engineers Private Limited, buy the company report.
Recent activity
Iracis Process Engineers Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Krishnaray Ramchandra Raikar ceased to be Director on 02 Nov 2015.
AGM
Iracis Process Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Iracis Process Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Krishnaray Ramchandra Raikar ceased to be Director.
Ceased
Vinod Dashrath Kochrekar ceased to be Director.
Charges
A charge registered on 24 Apr 2012 via Charge ID 10354546 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.
Charges
A charge registered on 25 Nov 2007 via Charge ID 10077922 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.
Charges
A charge registered on 25 Nov 2007 via Charge ID 10077923 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.
Charges
A charge registered on 17 Aug 2006 via Charge ID 10016957 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.
Charges
A charge registered on 17 Aug 2006 via Charge ID 10017692 with Janakalyan Sahakari Bank Limited was fully satisfied on 21 Apr 2014.
Charges
A charge registered on 21 May 2004 via Charge ID 90145189 with Janakalyan Sahakari Bank Ltd. was fully satisfied on 21 Apr 2014.
Charges
A charge registered on 04 Jul 2003 via Charge ID 90141149 with Janakalyan Sahakari Bank Ltd. was fully satisfied on 21 Apr 2014.
Charges
A charge registered on 04 Jul 2003 via Charge ID 90144567 with Janakalyan Sahakari Bank Ltd. was fully satisfied on 21 Apr 2014.
15 earlier events are in the company report.
Frequently asked questions
Iracis Process Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 29 January 1998 (28+ years old) and is registered under CIN U51397MH1998PTC113322.
Iracis Process Engineers has 3 current directors:
- Kunal Kamal Chokshi - Director
- Kamal Chokshi Chandrakant - Director
- Nakul Kamal Chokshi - Director
The latest financial statements of Iracis Process Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iracis Process Engineers is 27AAACL3795J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iracis Process Engineers is U51397MH1998PTC113322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iracis Process Engineers was incorporated on 29 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Krishnaray Ramchandra Raikar ceased to be Director on 02 Nov 2015. Vinod Dashrath Kochrekar ceased to be Director on 02 Nov 2015. Kamal Chokshi Chandrakant ceased to be Additional Director on 30 Sep 2012. Iracis Process Engineers has 8 board changes on record in total.
Yes, Iracis Process Engineers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0023325).
The registered office of Iracis Process Engineers is at 108 Creative Industrial Center 12 N.M. Joshi Marg Lower Parel East, Mumbai, Maharashtra, India – 400011.
Iracis Process Engineers operates in the environment industry, in the water treatment segment.
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