MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-RJ-33-0003380
Iraj Evolution Design Company Private Limited - consumer electronics & durables in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.23 Cr
▲ 75% YoY
Net profit · FY 2025
₹4.7 Cr
Net margin 4.5%
EBITDA · FY 2025
₹13.17 Cr
EBITDA margin 12.6%
Authorised capital
₹1.51 Cr
Registered with MCA
Paid-up capital
₹1.51 Cr
Issued & subscribed
Open charges
₹39.06 Cr
Satisfied ₹26 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
368
Provident fund records
About Iraj Evolution Design Company Private Limited
Data last updated:
Iraj Evolution Design Company Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 15 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36998RJ2013PTC041836. Its GSTIN is 08AADCI1954R1ZZ (Rajasthan). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹1.51 Cr and a paid-up capital of ₹1.51 Cr. It is led by directors including Manan Khetan and Pulkit Garg.
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 8 – D New Fatehpura, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.23 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹4.7 Cr (net margin 4.5%) and EBITDA of ₹13.17 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.
The company has about 368 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IEVO. As per MCA filings, the company has open charges of ₹39.06 Cr and satisfied charges of ₹26 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in October 2022.
Iraj Evolution Design Company Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0003380). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ievo.in.
Company details
CIN U36998RJ2013PTC041836
Registration Number 041836
Incorporation Date 15 March 2013
ROC Jaipur
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 Medium
Udyam Registration UDYAM-RJ-33-0003380
Recognitions & Rankings of Iraj Evolution Design Company
Contact details
Iraj Evolution Design Company Private Limited's registered office is in Udaipur, Rajasthan. Its website is ievo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 – D New Fatehpura, Udaipur, Rajasthan, India – 313001
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Iraj Evolution Design Company Private Limited, buy the company report.
Comprehensive company report
Iraj Evolution Design Company 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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Business activity
The main business activity of Iraj Evolution Design Company is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Iraj Evolution Design Company Private Limited, buy the company report.
Financials of Iraj Evolution Design Company Private Limited
FY 2025 filings availableIraj Evolution Design Company Private Limited reported revenue of ₹104.23 Cr (up 75% YoY) for FY 2025.
Revenue · FY 2025
₹104.23 Cr ▲ 75%
Net profit · FY 2025
₹4.7 Cr margin 4.5%
EBITDA · FY 2025
₹13.17 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 12%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 140%
3 years · compounded
▲ 25%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 75% growth in the latest year. EBITDA rose 140% 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 | ₹13.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.7 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 | 12.6% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Iraj Evolution Design Company Private Limited, buy the company report.
Board of directors of Iraj Evolution Design Company Private Limited
Iraj Evolution Design Company has 4 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 |
|---|---|---|---|---|
| Manan Khetan Also directs: Iraj Farms Private Limited, Irajgajanan Greens Private Limited, Iraj Agriculture Private Limited and 5 more | Director | 01 Mar 2016 | 10 Years 7 Months | Current |
| Pulkit Garg Also directs: Iraj Contract Manufacturing Private Limited, Parallel Hospitality Private Limited, Mod Patio Designs LLP and 5 more | Director | 05 Jan 2021 | 5 Years 9 Months | Current |
| Saurabh Khetan Also directs: Iraj Farms Private Limited, Irajgajanan Greens Private Limited, Iraj Agriculture Private Limited and 5 more | Director | 15 Mar 2013 | 13 Years 7 Months | Current |
| Astha Khetan Also directs: Jyoti Minerals Private Limited, Green Marble House Private Limited, Iraj Contract Manufacturing Private Limited and 5 more | Director | 15 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Iraj Evolution Design Company Private Limited is audited by R.K. POKHARANA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K. POKHARANA & CO. | FY 2023 | 071644 |
Shareholding
The shareholding of Iraj Evolution Design Company 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 Iraj Evolution Design Company Private Limited, buy the company report.
Charges & borrowings
Open charges
₹39.06 Cr
Satisfied charges
₹26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2025 | 101144073 | Hdfc Bank Limited | ₹1.26 Cr | Open | |
| 06 May 2025 | 101095389 | Others | ₹50 Lakh | Open | |
| 07 Aug 2023 | 100756429 | Others | ₹2.5 Cr | Open | |
| 15 Jul 2023 | 100762538 | Hdfc Bank Limited | ₹24.9 Cr | Open | |
| 24 Mar 2023 | 100689912 | Others | ₹5 Cr | Open |
To see the full charge records of Iraj Evolution Design Company Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Iraj Evolution Design Company Private Limited has 1 deal on record (1 rights issue); the latest was in October 2022.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Rights issue | ₹1.5 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Iraj Evolution Design Company 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 Iraj Evolution Design Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iraj Evolution Design Company Private Limited has a workforce of 368 employees on its EPFO records as of Nov 19, 2024, across 1 active EPFO establishment.
Employee count
368
Active EPFO establishments
1
Employee growth
-8.23%
GST
Iraj Evolution Design Company has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCI1954R1ZZ | Rajasthan | Active | 01 Jul 2017 |
| 37AADCI1954R1ZY | Andhra Pradesh | Active | 02 Nov 2019 |
| 21AADCI1954R1ZB | Odisha | Active | 06 Nov 2019 |
| 07AADCI1954R1Z1 | Delhi | Active | 12 Dec 2019 |
To see the full GST registrations and return filing status of Iraj Evolution Design Company Private Limited, buy the company report.
Recent activity
Iraj Evolution Design Company Private Limited has 6 board changes on record since 2013: 5 appointments and 1 cessation. The latest: Pulkit Garg was appointed as Director on 05 Jan 2021.
AGM
Iraj Evolution Design Company 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. 1.26 Cr with Charge ID 101144073 was registered on 12 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101095389 was registered on 06 May 2025.
Filing
Iraj Evolution Design Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 15 Jan 2022 via Charge ID 100523284 with Others was fully satisfied on 02 Dec 2023.
Charges
A charge registered on 06 Sep 2021 via Charge ID 100481532 with Others was fully satisfied on 02 Dec 2023.
Charges
A charge registered on 05 Apr 2021 via Charge ID 100437229 with Others was fully satisfied on 02 Dec 2023.
Charges
A charge registered on 05 Apr 2021 via Charge ID 100437018 with Others was fully satisfied on 02 Dec 2023.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100756429 was registered on 07 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.90 Cr with Charge ID 100762538 was registered on 15 Jul 2023.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100689912 was registered on 24 Mar 2023.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100609646 was registered on 22 Sep 2022.
14 earlier events are in the company report.
Frequently asked questions
Iraj Evolution Design Company is an active private limited company based in Udaipur, Rajasthan, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 15 March 2013 (13+ years old) and is registered under CIN U36998RJ2013PTC041836.
Iraj Evolution Design Company has 4 current directors:
- Manan Khetan - Director
- Pulkit Garg - Director
- Saurabh Khetan - Director
- Astha Khetan - Director
The latest financial statements of Iraj Evolution Design Company 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 Iraj Evolution Design Company is 08AADCI1954R1ZZ, registered in Rajasthan. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 37AADCI1954R1ZY (Andhra Pradesh), 21AADCI1954R1ZB (Odisha), 07AADCI1954R1Z1 (Delhi).
The CIN (Corporate Identification Number) of Iraj Evolution Design Company is U36998RJ2013PTC041836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iraj Evolution Design Company was incorporated on 15 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Jaipur.
Iraj Evolution Design Company has 1 deal on record (1 rights issue); the latest was in October 2022.
Pulkit Garg was appointed as Director on 05 Jan 2021. Shanti Prakash Khetan ceased to be Director on 25 Mar 2020. Manan Khetan was appointed as Director on 01 Mar 2016. Iraj Evolution Design Company has 6 board changes on record in total.
Yes, Iraj Evolution Design Company is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-33-0003380).
Iraj Evolution Design Company can be reached through the website ievo.in. Its registered office is in Udaipur, Rajasthan, India.
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