MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0005083
Irm Private Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹307.16 Cr
▼ 2% YoY
Net profit · FY 2025
₹15.17 Cr
Net margin 4.9%
EBITDA · FY 2025
₹27.16 Cr
EBITDA margin 8.8%
Authorised capital
₹16.25 Cr
Registered with MCA
Paid-up capital
₹11.24 Cr
Issued & subscribed
Open charges
₹69.47 Cr
Satisfied ₹172.78 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
175
Provident fund records
About Irm Private Limited
Data last updated:
Irm Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 11 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74120GJ1994PTC023239. Its GSTIN is 24AAACI3678M2Z8 (Gujarat). The company holds 20 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹16.25 Cr and a paid-up capital of ₹11.24 Cr. It was formerly known as Indian Research Manifestation Labs Pvt Ltd and Irm Limited. It is led by directors including Rajiv Indravadan Modi and Ramesh Ratilal Choksi.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 709 Cadila Corporate Campus Sarkhej Dholka Road Bhat, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹307.16 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹15.17 Cr (net margin 4.9%) and EBITDA of ₹27.16 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 175 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹69.47 Cr and satisfied charges of ₹172.78 Cr on record. Court records list 36 cases involving the company, including 27 filed by the company and 9 filed against it; 6 cases are pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹81.65 Cr; the latest was in August 2022. Its 3 peer companies in the Aviation industry (Charter Services, Facility Management Services, Tea and Coffee), with the same principal business activity (air transport) are compared by revenue, 1 larger and 2 smaller; the largest is Karnavati Aviation Private Limited with revenue of ₹311.36 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 48 overdue payments to 7 micro and small suppliers.
Irm Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005083). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irmgroup.co.in.
Company details
CIN U74120GJ1994PTC023239
Registration Number 023239
Incorporation Date 11 October 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0005083
Name history
Irm has undergone 2 name changes throughout its history. The company was previously known as Indian Research Manifestation Labs Pvt Ltd, and Irm Limited. The current legal name is Irm Private Limited.
| Company Name | Status |
|---|---|
| Irm Private Limited | Current |
| Indian Research Manifestation Labs Pvt Ltd | Previous |
| Irm Limited | Previous |
CIN history
Irm has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74120GJ1994PTC023239, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120GJ1994PTC023239 | Current |
| U73100GJ1994PLC023239 | Previous |
| U74120GJ1994PLC023239 | Previous |
Key People
Rajiv Rajiv Modi Additional Director Dharamchand Harakchand Jain Additional Director Rajiv Indravadan Modi Director Recognitions & Rankings of Irm
Contact details
Irm Private Limited's registered office is in Ahmedabad, Gujarat. Its website is irmgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address709 Cadila Corporate Campus Sarkhej Dholka Road Bhat, Ahmedabad, Gujarat, India – 382210
- IndustryAgriculture, Tea & Coffee Processing
To see the full contact details of Irm Private Limited, buy the company report.
Comprehensive company report
Irm 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 activities of Irm are transport and storage, accommodation and food service and agriculture, forestry, fishing. In detail, this covers air transport, food and beverage services provided by hotels, restaurants, caterers, etc. and production of crops and animals. 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 | H4 | Air transport | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | |
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Irm Private Limited, buy the company report.
Financials of Irm Private Limited
FY 2025 filings availableIrm Private Limited reported revenue of ₹307.16 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹307.16 Cr ▼ 2%
Net profit · FY 2025
₹15.17 Cr margin 4.9%
EBITDA · FY 2025
₹27.16 Cr margin 8.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 8%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 13%
5 years · compounded
▲ 38%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.17 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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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 | 8.8% | ||||
| Net Profit Margin | 4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Irm Private Limited, buy the company report.
Board of directors of Irm Private Limited
Irm has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Rajiv Modi Also directs: Irm Energy Limited, CPL Biologicals Private Limited, La Vie Biologicals Private Limited and 5 more | Additional Director | 19 Nov 2024 | 1 Years 11 Months | Current |
| Dharamchand Harakchand Jain Also directs: Irm Energy Limited, Famy Finance Private Limited, Ratnaafin Capital Private Limited and 3 more | Additional Director | 27 Jul 2020 | 6 Years 2 Months | Current |
| Rajiv Indravadan Modi | Director | 11 Oct 1994 | 32 Years 0 Months | Current |
| Ramesh Ratilal Choksi Also directs: CPL Biologicals Private Limited, La Vie Biologicals Private Limited, Cadila Pharmaceuticals Limited and 5 more | Director | 29 Jul 2017 | 9 Years 2 Months | Current |
Peer comparison
Irm Private Limited is compared with the 3 companies closest to it by revenue in the Aviation industry (Charter Services, Facility Management Services, Tea and Coffee), with the same principal business activity (air transport), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karnavati Aviation Private Limited | ₹311.36 Cr (FY 2025) | 39.0% | Ahmedabad, Gujarat, India | |||
| Irm Private Limitedthis company | ₹307.16 Cr (FY 2025) | ₹15.17 Cr | 4.9% | -2.0% | 175 | Ahmedabad, Gujarat, India |
| Acs Air Charter Service India Private Limited | ₹305.13 Cr (FY 2025) | 78.0% | Mumbai, Maharashtra, India | |||
| Heligo Charters Private Limited | ₹304.77 Cr (FY 2024) | 19.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Irm Private Limited, buy the company report.
Auditor
Irm Private Limited is audited by P D GOINKA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D GOINKA & CO | FY 2023 | 103260W |
Shareholding
The shareholding of Irm 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 Irm Private Limited, buy the company report.
Charges & borrowings
Open charges
₹69.47 Cr
Satisfied charges
₹172.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100991982 | Axis Bank Limited | ₹22.5 Cr | Open | |
| 12 Oct 2022 | 100651917 | Hdfc Bank Limited | ₹10.78 Lakh | Open | |
| 23 Mar 2022 | 100560941 | Axis Bank Limited | ₹46 Cr | Open | |
| 30 Jul 2021 | 100467196 | Hdfc Bank Limited | ₹19.95 Lakh | Open | |
| 10 Mar 2002 | 90316403 | Citi Financial Indian Ltd. | ₹23.26 Lakh | Open |
To see the full charge records of Irm Private Limited, buy the company report.
Total charge records: 30 View all charges
Deals & funding
Irm Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹81.65 Cr; the latest was in August 2022.
Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹81.65 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Seller: Irm Trust |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Irm Trust Seller: Raj Trust, A J Modi HUF 6, I A Modi Huf |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Irm Trust Seller: an individual |
| Mar 2019 | Funding round | ₹77.15 Cr | Investors: Mahendra Family Trust, Mihir Family Trust, Manthan Trust, an individual |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: Cpl Infrastructure Private Limited, Green Channel Logi Solutions Limited, Irm Trust Seller: 2 individuals |
To see the full deal history of Irm Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Irm Private Limited has 36 court cases on record: 27 filed by Irm, 9 filed against it. 6 cases are pending and 30 are disposed.
Total cases
36
Filed by the company
27
Filed against the company
9
Pending
6
Disposed
30
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 7 | 0 |
| District courts | 13 | 1 | 5 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Mecwel Constructions Pvt. Ltd and 2 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Mecwel Constructions Pvt. Ltd and 2 others | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Chief Controlling Revenue Authority | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Pending |
To see the full case history of Irm 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
Irm Private Limited was last rated by Icra on 07 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 07 Oct 2021 |
To see the full credit ratings and regulatory alerts of Irm Private Limited, buy the company report.
MSME payment delays
Irm Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 48 overdue payments to 7 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 (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Eco Green Pest Control Private Limited | |||
| an individual supplier | |||
| K P Mat House |
To see the full MSME payment records of Irm Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Irm has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Irm Enterprises Private Limited | U74110GJ2009PTC058116 |
To see the full group structure of Irm Private Limited, buy the company report.
Employees & EPFO
Irm Private Limited has a workforce of 175 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
175
Active EPFO establishments
1
Employee growth
-17.45%
GST
Irm has 20 GST registrations: 13 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
20
Active
13
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI3678M2Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AAACI3678M5Z5 | Gujarat | Active | 26 Apr 2022 |
| 04AAACI3678M1ZB | Chandigarh | Active | 01 Jul 2017 |
| 07AAACI3678M1Z5 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Irm Private Limited, buy the company report.
Recent activity
Irm Private Limited has 14 board changes on record since 1994: 5 appointments and 9 cessations. The latest: Kamlesh Navaratnalal Shah was appointed as Additional Director on 12 Mar 2025.
AGM
Irm Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Filing
Irm Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Kamlesh Navaratnalal Shah was appointed as Additional Director.
Charges
A charge registered on 15 Sep 2001 via Charge ID 90316239 with Bank Of India was fully satisfied on 30 Jan 2025.
Charges
A charge registered on 31 Aug 2001 via Charge ID 90316237 with Bank Of India was fully satisfied on 30 Jan 2025.
Charges
A charge registered on 08 Jan 2001 via Charge ID 90316213 with Bank Of Baroda was fully satisfied on 10 Jan 2025.
Charges
A charge registered on 18 Oct 2000 via Charge ID 90316400 with Bank Of Broda was fully satisfied on 10 Jan 2025.
Charges
A charge registered on 18 Oct 2000 via Charge ID 90316203 with Oriental Bank Of Commerce was fully satisfied on 01 Jan 2025.
Charges
A charge registered on 08 Sep 2000 via Charge ID 90316198 with Oriental Bank Of Commerce was fully satisfied on 01 Jan 2025.
Charges
A charge registered on 20 Apr 2000 via Charge ID 90316182 with Oriental Bank Of Commerce was fully satisfied on 01 Jan 2025.
Charges
A charge registered on 29 Jun 1994 via Charge ID 90006700 with M/S Union Bank Of India was fully satisfied on 18 Dec 2024.
Appointed
Rajiv Rajiv Modi was appointed as Additional Director.
63 earlier events are in the company report.
Frequently asked questions
Irm is an active private limited company based in Ahmedabad, Gujarat, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 11 October 1994 (32+ years old) and is registered under CIN U74120GJ1994PTC023239.
Irm has 4 current directors:
- Rajiv Rajiv Modi - Additional Director
- Dharamchand Harakchand Jain - Additional Director
- Rajiv Indravadan Modi - Director
- Ramesh Ratilal Choksi - Director
The latest financial statements of Irm on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Irm is 24AAACI3678M2Z8, registered in Gujarat. The company has 20 GST registrations in all, of which 13 are active and 7 are cancelled or inactive. Other active GSTINs include 24AAACI3678M5Z5 (Gujarat), 04AAACI3678M1ZB (Chandigarh), 07AAACI3678M1Z5 (Delhi).
The CIN (Corporate Identification Number) of Irm is U74120GJ1994PTC023239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irm has 36 court cases on record: 27 filed by the company and 9 filed against it. 6 are pending. Most are in the high courts.
Irm was incorporated on 11 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Irm has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹81.65 Cr; the latest was in August 2022.
The peers of Irm by revenue are Karnavati Aviation Private Limited, Acs Air Charter Service India Private Limited, Heligo Charters Private Limited, all in the Aviation industry (Charter Services, Facility Management Services, Tea and Coffee), with the same principal business activity (air transport).
Kamlesh Navaratnalal Shah was appointed as Additional Director on 12 Mar 2025. Rajiv Rajiv Modi was appointed as Additional Director on 19 Nov 2024. Dharamchand Harakchand Jain was appointed as Additional Director on 27 Jul 2020. Irm has 14 board changes on record in total.
Yes, Irm is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0005083).
Irm has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 48 overdue payments to 7 micro and small suppliers. The latest return was filed on 17 Oct 2022.