MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0000249
Irise India Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹309.57 Cr
▲ 34.27% YoY
Net profit · FY 2025
₹56.48 Cr
Net margin 18.2%
EBITDA · FY 2025
₹100.32 Cr
EBITDA margin 32.4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9 Cr
Issued & subscribed
Open charges
₹259.03 Cr
Satisfied ₹50.71 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
384
Provident fund records
About Irise India Private Limited
Data last updated:
Irise India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 09 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63000MH2004PTC148464. Its GSTIN is 27AABCE3991L1Z8 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9 Cr. It was formerly known as Irise Infrastruture India Private Limited and Irise International Private Limited. It is led by directors including Mohit Narendra Madan (Managing Director) and Vicky Murlidhar Fatnani (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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹309.57 Cr. For the same year it recorded a net profit of ₹56.48 Cr (net margin 18.2%) and EBITDA of ₹100.32 Cr (EBITDA margin 32.4%).
The company has about 384 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iRISE. As per MCA filings, the company has open charges of ₹259.03 Cr and satisfied charges of ₹50.71 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 7 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹93 Lakh; the latest was in September 2021. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 12 overdue payments to 2 micro and small suppliers.
Irise India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0000249). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iriseindia.com.
Company details
CIN U63000MH2004PTC148464
Registration Number 148464
Incorporation Date 09 September 2004
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 Medium
Udyam Registration UDYAM-MH-18-0000249
Name history
Irise India has undergone 6 name changes throughout its history. The current legal name is Irise India Private Limited.
| Company Name | Status |
|---|---|
| Irise India Private Limited | Current |
| Irise Infrastruture India Private Limited | Previous |
| Irise International Private Limited | Previous |
| Eastman Logistics And Infrastructure Private Limited | Previous |
| Irise Private Limited | Previous |
| Irise Global Private Limited | Previous |
Key People
Mohit Narendra Madan Managing Director Vicky Murlidhar Fatnani Whole-Time Director Padma Vinod Betai Director Recognitions & Rankings of Irise India
Contact details
Irise India Private Limited's registered office is in Mumbai, Maharashtra. Its website is iriseindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1st Floor X Cube Building, Off New Link Road Opp. Fun Republic (Cinepolis), Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Irise India Private Limited, buy the company report.
Comprehensive company report
Irise India 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
Brands
Irise India operates one associated brand: iRISE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers equipment rental, sales, and training for construction and mining industries. | iriseindia.com |
Business activity
The main business activities of Irise India are transport and storage, support service to organizations and construction. In detail, this covers land transport via road, rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and demolition & site preparation, electrical, plumbing & other specialized construction activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Irise India Private Limited, buy the company report.
Financials of Irise India Private Limited
FY 2025 filings availableIrise India Private Limited reported revenue of ₹309.57 Cr for FY 2025.
Revenue · FY 2025
₹309.57 Cr
Net profit · FY 2025
₹56.48 Cr margin 18.2%
EBITDA · FY 2025
₹100.32 Cr margin 32.4%
Financial Statement Summary
| 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 | ₹309.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹100.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.48 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.4% | ||||
| Net Profit Margin | 18.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Irise India Private Limited, buy the company report.
Board of directors of Irise India Private Limited
Irise India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vicky Murlidhar Fatnani | Whole-Time Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Mohit Narendra Madan Also directs: Eastman Travel and Tours Private Limited | Managing Director | 09 Sep 2004 | 22 Years 1 Months | Current |
| Padma Vinod Betai Also directs: Mitcon Credentia Trusteeship Services Limited | Director | 14 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Irise India Private Limited is audited by ARUN ARORA & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN ARORA & CO | FY 2025 | 100555W |
Shareholding
The shareholding of Irise India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Irise India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹259.03 Cr
Satisfied charges
₹50.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2025 | 101240430 | Hdfc Bank Limited | ₹8.61 Cr | Open | |
| 18 Jan 2025 | 101036250 | Hdfc Bank Limited | ₹1.83 Cr | Open | |
| 17 Jan 2025 | 101038529 | Hdfc Bank Limited | ₹79.5 Lakh | Open | |
| 24 Dec 2024 | 101029684 | Hdfc Bank Limited | ₹1.83 Cr | Open | |
| 09 Nov 2024 | 101007495 | Hdfc Bank Limited | ₹54 Lakh | Open |
To see the full charge records of Irise India Private Limited, buy the company report.
Total charge records: 68 View all charges
Deals & funding
Irise India Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹93 Lakh; the latest was in September 2021.
Total deals
2
Funding rounds
2
Disclosed funding
₹93 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹50 Lakh | Investors: 2 individuals |
| Mar 2012 | Funding round | ₹43 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Irise India Private Limited has 14 court cases on record: 9 filed by Irise India, 5 filed against it. 7 cases are pending and 7 are disposed.
Total cases
14
Filed by the company
9
Filed against the company
5
Pending
7
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 5 | 7 |
| NCLT | 3 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Metal Crafts Constructors Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against Metal Crafts Constructors Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Metal Crafts Constructors Private Limited | Disposed |
| NCLT, Mumbai | Appeal | Filed by the company against KSS Petron Pvt Ltd and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against KSS Petron Pvt Ltd and 1 other | Disposed |
To see the full case history of Irise India 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.
MSME payment delays
Irise India Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 12 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mehta Earthmovers | |||
| an individual supplier |
To see the full MSME payment records of Irise India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Irise India Private Limited has a workforce of 384 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
384
Active EPFO establishments
1
Employee growth
-18.3%
GST
Irise India has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE3991L1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 24AABCE3991L1ZE | Gujarat | Active | 19 Mar 2024 |
To see the full GST registrations and return filing status of Irise India Private Limited, buy the company report.
Recent activity
Irise India Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Padma Vinod Betai ceased to be Additional Director on 26 Sep 2024.
Charges
A charge registered on 27 Aug 2021 via Charge ID 100476985 with Others was fully satisfied on 04 Feb 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.61 Cr with Charge ID 101240430 was registered on 30 Dec 2025.
Charges
A charge with Others of Rs. 70.00 Cr registered on 22 Apr 2019 with Charge ID 100262309 was modified on 12 Dec 2025.
AGM
Irise India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 03 Aug 2018 via Charge ID 100198794 with Others was fully satisfied on 18 Sep 2025.
Filing
Irise India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 21 Dec 2021 via Charge ID 100519564 with Yes Bank Limited was fully satisfied on 12 Mar 2025.
Charges
A charge registered on 30 Mar 2019 via Charge ID 100260750 with Yes Bank Limited was fully satisfied on 12 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.83 Cr with Charge ID 101036250 was registered on 18 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 101038529 was registered on 17 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.83 Cr with Charge ID 101029684 was registered on 24 Dec 2024.
Charges
A charge registered on 28 Oct 2020 via Charge ID 100396940 with Others was fully satisfied on 15 Nov 2024.
98 earlier events are in the company report.
Frequently asked questions
Irise India is an active private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 09 September 2004 (22+ years old) and is registered under CIN U63000MH2004PTC148464.
Irise India has 3 current directors:
- Mohit Narendra Madan - Managing Director
- Vicky Murlidhar Fatnani - Whole-Time Director
- Padma Vinod Betai - Director
The latest financial statements of Irise India 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 Irise India is 27AABCE3991L1Z8, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AABCE3991L1ZE (Gujarat).
The CIN (Corporate Identification Number) of Irise India is U63000MH2004PTC148464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irise India has 14 court cases on record: 9 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Irise India was incorporated on 09 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Irise India has 2 deals on record (2 funding rounds), with disclosed funding of ₹93 Lakh; the latest was in September 2021.
Padma Vinod Betai ceased to be Additional Director on 26 Sep 2024. Padma Vinod Betai was appointed as Director on 14 Oct 2023. Narendra Kumar Madan ceased to be Director on 22 Nov 2022. Irise India has 7 board changes on record in total.
Yes, Irise India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0000249).
Irise India has 4 MSME Form 1 returns on record between 2022 and 2023, listing 12 overdue payments to 2 micro and small suppliers. The latest return was filed on 23 Oct 2023.