MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0002223
Iris Products Private Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.16 Cr
▼ 51% YoY
Net loss · FY 2025
₹4.57 Cr
Net margin -20.6%
EBITDA · FY 2025
-₹1.28 Cr
EBITDA margin -5.8%
Authorised capital
₹8.55 Cr
Registered with MCA
Paid-up capital
₹8.42 Cr
Issued & subscribed
Satisfied charges
₹41.13 Cr
No open charges
Company age
53 yrs
Est. 1973
Employees · EPFO
4
Provident fund records
About Iris Products Private Limited
Data last updated:
Iris Products Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 31 December 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1973PTC002451. Its GSTIN is 24AABCA5945J1ZO (Gujarat).
The company has an authorised share capital of ₹8.55 Cr and a paid-up capital of ₹8.42 Cr. It was formerly known as Anang Industries Pvt Ltd. It is led by directors including Anangbhai Ajaybhai Lalbhai (Managing Director) and Arjun Anangbhai Lalbhai (Whole-Time Director).
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.16 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹4.57 Cr (net margin -20.6%) and EBITDA of -₹1.28 Cr (EBITDA margin -5.8%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 6% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹41.13 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending.
Iris Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0002223). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pelicangroup.co.in.
Company details
CIN U17119GJ1973PTC002451
Registration Number 002451
Incorporation Date 31 December 1973
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-09-0002223
Key People
Anangbhai Ajaybhai Lalbhai Managing Director Arjun Anangbhai Lalbhai Whole-Time Director Rupalben Anangbhai Lalbhai Director Recognitions & Rankings of Iris Products
Contact details
Iris Products Private Limited's registered office is in Ahmedabad, Gujarat. Its website is pelicangroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNt – 1003 10th Floor One – 42 North, Block B/H Ashok Vatika Ambli, Ahmedabad, Gujarat, India – 380054
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Iris Products Private Limited, buy the company report.
Comprehensive company report
Iris Products 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 Iris Products is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Iris Products Private Limited, buy the company report.
Financials of Iris Products Private Limited
FY 2025 filings availableIris Products Private Limited reported revenue of ₹22.16 Cr (down 51% YoY) for FY 2025.
Revenue · FY 2025
₹22.16 Cr ▼ 51%
Net loss · FY 2025
₹4.57 Cr margin -20.6%
EBITDA · FY 2025
-₹1.28 Cr margin -5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 40%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 23%
5 years · compounded
▲ 12%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 51% fall in the latest year. EBITDA rose 13% 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 | -₹1.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.57 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 | -5.8% | ||||
| Net Profit Margin | -20.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Iris Products Private Limited, buy the company report.
Board of directors of Iris Products Private Limited
Iris Products has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Anangbhai Lalbhai Also directs: Pelican Commercial LLP, Zeus Precision Products LLP, Afar Trading and Commercial LLP and 4 more | Whole-Time Director | 05 Nov 2010 | 15 Years 11 Months | Current |
| Rupalben Anangbhai Lalbhai Also directs: Ashini Realty LLP, Zeus Precision Products LLP, Afar Trading and Commercial LLP and 4 more | Director | 27 Jan 1992 | 34 Years 9 Months | Current |
| Anangbhai Ajaybhai Lalbhai | Managing Director | 29 Jan 2009 | 17 Years 8 Months | Current |
Peer comparison
Iris Products Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Benchmark Technomate Private Limited | ₹22.19 Cr (FY 2024) | 689.0% | Noida, Uttar Pradesh, India | |||
| Friends Informatics Private Limited | ₹22.18 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Jawala (India) Private Limited | ₹22.17 Cr (FY 2016) | -93.0% | Delhi, India | |||
| Sparkcognition India Private Limited | ₹22.17 Cr (FY 2025) | -9.0% | Bangalore, Karnataka, India | |||
| Brijbhoomi Farms & Constructions Pvt Ltd | ₹22.17 Cr (FY 2025) | 54.0% | Kolkata, West Bengal, India | |||
| Iris Products Private Limitedthis company | ₹22.16 Cr (FY 2025) | -₹4.57 Cr | -20.6% | -51.0% | 4 | Ahmedabad, Gujarat, India |
| Blumenotics Private Limited | ₹22.15 Cr (FY 2024) | -31.0% | Kolkata, West Bengal, India | |||
| Urban World Motors Private Limited | ₹22.15 Cr (FY 2019) | -17.0% | Guwahati, Assam, India | |||
| Bindal Arcade Private Limited | ₹22.13 Cr (FY 2024) | 4.0% | Delhi, India | |||
| Mahuwalatrading Company Pvt.Ltd. | ₹22.12 Cr (FY 2023) | -47.0% | Indore, Madhya Pradesh, India | |||
| Dayjoy Marketing Private Limited | ₹22.12 Cr (FY 2025) | 35.0% | Kota, Rajasthan, India |
To see the full peer comparison of Iris Products Private Limited, buy the company report.
Auditor
Iris Products Private Limited is audited by R G PARIKH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G PARIKH & ASSOCIATES | FY 2023 | 134703W |
Shareholding
The shareholding of Iris Products 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 Iris Products Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹41.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2020 | 100339858 | Others | ₹3.5 Cr | Satisfied | |
| 07 Feb 2014 | 10480494 | Idbi Bank Limited | ₹18.25 Cr | Satisfied | |
| 07 Feb 2014 | 10480508 | Idbi Bank Limited | ₹18.25 Cr | Satisfied | |
| 27 Nov 2012 | 10392599 | Hdfc Bank Limited | ₹94.5 Lakh | Satisfied | |
| 27 Nov 2012 | 10393419 | Hdfc Bank Limited | ₹18.9 Lakh | Satisfied |
To see the full charge records of Iris Products Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Iris Products Private Limited has 4 court cases on record: 3 filed by Iris Products, 1 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Icasper Capfin Advisors LLP Through Partner | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Madhav Industries and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S. Madav Industries and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Dar Al Insaf Trading LLC and 3 others | Pending |
To see the full case history of Iris Products 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.
Credit ratings & regulatory alerts
Iris Products Private Limited was last rated by Care on 05 Sep 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Sep 2019 |
To see the full credit ratings and regulatory alerts of Iris Products Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iris Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iris Products Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-20%
GST
Iris Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA5945J1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iris Products Private Limited, buy the company report.
Recent activity
Iris Products Private Limited has 9 board changes on record since 1992: 3 appointments and 6 cessations. The latest: Miteshkumar Maheshbhai Patel ceased to be Director on 31 Oct 2022.
AGM
Iris Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Iris Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 Jun 2020 via Charge ID 100339858 with Others was fully satisfied on 20 Feb 2024.
Charges
A charge with Others of Rs. 3.50 Cr registered on 06 Jun 2020 with Charge ID 100339858 was modified on 08 Jan 2024.
Ceased
Miteshkumar Maheshbhai Patel ceased to be Director.
Ceased
Poonam Pranay Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100339858 was registered on 06 Jun 2020.
Charges
A charge registered on 07 Feb 2014 via Charge ID 10480494 with Idbi Bank Limited was fully satisfied on 04 Mar 2020.
Charges
A charge registered on 07 Feb 2014 via Charge ID 10480508 with Idbi Bank Limited was fully satisfied on 04 Mar 2020.
Charges
A charge registered on 27 Nov 2012 via Charge ID 10392599 with Hdfc Bank Limited was fully satisfied on 24 Jul 2018.
Charges
A charge registered on 27 Nov 2012 via Charge ID 10393419 with Hdfc Bank Limited was fully satisfied on 24 Jul 2018.
Ceased
Arjun Anangbhai Lalbhai ceased to be Director.
11 earlier events are in the company report.
Frequently asked questions
Iris Products is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 31 December 1973 (53+ years old) and is registered under CIN U17119GJ1973PTC002451.
Iris Products has 3 current directors:
- Anangbhai Ajaybhai Lalbhai - Managing Director
- Arjun Anangbhai Lalbhai - Whole-Time Director
- Rupalben Anangbhai Lalbhai - Director
The latest financial statements of Iris Products 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 Iris Products is 24AABCA5945J1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Iris Products is U17119GJ1973PTC002451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Products has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Iris Products was incorporated on 31 December 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Iris Products by revenue are Benchmark Technomate Private Limited, Friends Informatics Private Limited, Jawala (India) Private Limited, Sparkcognition India Private Limited, Brijbhoomi Farms & Constructions Pvt Ltd and 5 more, all in the same principal business activity (retail trading).
Miteshkumar Maheshbhai Patel ceased to be Director on 31 Oct 2022. Poonam Pranay Patel ceased to be Director on 19 Mar 2021. Arjun Anangbhai Lalbhai ceased to be Director on 01 Sep 2015. Iris Products has 9 board changes on record in total.
Yes, Iris Products is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0002223).
Iris Products can be reached through the website pelicangroup.co.in. Its registered office is in Ahmedabad, Gujarat, India.