About Iris Sourcing Services Private Limited
Data last updated:
Iris Sourcing Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 11 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2009PTC051439. Its GSTIN is 29AACCI1690R1ZV (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balagopal Menon and Kariappa Shivani.
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 No.101 Clarkeville No.9 Clarke Road Richards Town, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.08 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹22.94 Lakh (net margin -99.4%) and EBITDA of -₹19.08 Lakh (EBITDA margin -82.7%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 34% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irissourcingservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.101 Clarkeville No.9 Clarke Road Richards Town, Bangalore, Karnataka, India – 560005
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Iris Sourcing Services Private Limited
The main business activity of Iris Sourcing Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Iris Sourcing Services Private Limited FY 2025 filings available
Iris Sourcing Services Private Limited reported revenue of ₹23.08 Lakh (down 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iris Sourcing Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 65% fall in the latest year. EBITDA rose 59% 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 of Iris Sourcing Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹19.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹22.94 Lakh | •••• | •••• | •••• | •••• |
| 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 of Iris Sourcing Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -82.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -99.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iris Sourcing Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Iris Sourcing Services Private Limited
Iris Sourcing Services Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avantrex Industries Private Limited | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Bijapure Equipments Private Limited | •••• | •••• | •••• | •••• | - | Karad, Maharashtra, India |
| Kodenco Solutions Private Limited | •••• | •••• | •••• | •••• | - | Loni, Uttar Pradesh, India |
| Mohak Mercantile Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ashirwad Mercantile Private Limited | •••• | •••• | •••• | •••• | - | Balasore, Orissa, India |
| Iris Sourcing Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ampflux Industries Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Mokhyam Solution & Services Private Limited | •••• | •••• | •••• | •••• | - | Alwar, Rajasthan, India |
| Angad Impex Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Syrotech Innovations Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Goldprince Trade Centre Limited | •••• | •••• | •••• | •••• | - | Bandar, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Iris Sourcing Services by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Iris Sourcing Services Private Limited
Iris Sourcing Services Private Limited is audited by KAMAL SHAH & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAMAL SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Iris Sourcing Services Private Limited
Iris Sourcing Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balagopal Menon Also directs: Apparel Evrywear Private Limited | Director | 11 Nov 2009 | 16 Years 10 Months | Current |
| Kariappa Shivani Also directs: Apparel Evrywear Private Limited | Director | 11 Nov 2009 | 16 Years 10 Months | Current |
Ownership and Shareholding of Iris Sourcing Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Iris Sourcing Services Private Limited
Iris Sourcing Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Iris Sourcing Services Private Limited
Iris Sourcing Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Zetwerk Manufacturing Businesses Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Zetwerk Manufacturing Businesses Private Limited | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Iris Sourcing Services Private Limited
Employment history and EPFO contributions of people linked to Iris Sourcing Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Iris Sourcing Services Private Limited
Iris Sourcing Services Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Balagopal Menon was appointed as Director on 11 Nov 2009.
Credit Ratings, Litigation & Regulatory Alerts for Iris Sourcing Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Iris Sourcing Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Iris Sourcing Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Iris Sourcing Services Private Limited
Iris Sourcing Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI1690R1ZV | Karnataka | Active | 01 Jul 2017 |
| 33AACCI1690R1Z6 | Tamil Nadu | Active | 08 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Iris Sourcing Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Iris Sourcing Services Private Limited
Iris Sourcing Services is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 11 November 2009 (17+ years old) and is registered under CIN U74900KA2009PTC051439.
Iris Sourcing Services reported revenue of ₹23.08 Lakh for FY 2025 (down 65% YoY).
Iris Sourcing Services has 2 current directors:
- Balagopal Menon - Director
- Kariappa Shivani - Director
Iris Sourcing Services reported a net loss of ₹22.94 Lakh (net margin -99.4%) and EBITDA of -₹19.08 Lakh (EBITDA margin -82.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iris Sourcing Services is -60% over three years and -34% over five years. In the latest year (FY 2025) revenue fell 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iris Sourcing Services is 29AACCI1690R1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCI1690R1Z6 (Tamil Nadu).
The CIN (Corporate Identification Number) of Iris Sourcing Services is U74900KA2009PTC051439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Sourcing Services has 2 court cases on record: 2 filed against it.
Iris Sourcing Services was incorporated on 11 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Iris Sourcing Services by revenue are Avantrex Industries Private Limited, Bijapure Equipments Private Limited, Kodenco Solutions Private Limited, Mohak Mercantile Private Limited, Ashirwad Mercantile Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Balagopal Menon was appointed as Director on 11 Nov 2009. Kariappa Shivani was appointed as Director on 11 Nov 2009.