About Irov Technologies Private Limited
Data last updated:
Irov Technologies Private Limited is a private limited company based in Kunnathunad Panchayath, Kerala, India, recognised as a startup by DPIIT. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 07 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2017PTC050018. Its GSTIN is 32AAECI5883J1ZB (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.58 Lakh. It is led by directors including Kannappa Palaniappan Periyakaruppan and Johns Thannikkottu Mathai.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 373 A Pattimattom Po, Kunnathunad Panchayath, Kerala, India – 683562.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.8 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Lakh (net margin 0.1%) and EBITDA of ₹1.01 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 105% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: EyeROV. As per MCA filings, the company has open charges of ₹13.54 Cr and satisfied charges of ₹2.83 Lakh on record. The company has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹27.78 Cr; the latest was in February 2026. Its 10 peer companies in the Engineering industry (Marine Engineering) are compared by revenue, 5 larger and 5 smaller; the largest is MM Cargo Gear and Marine Services Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website eyerov.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address373 A Pattimattom Po, Kunnathunad Panchayath, Kerala, India – 683562
- IndustryEngineering, Marine & Naval Engineering
- 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 Irov Technologies Private Limited
The main business activity of Irov Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Irov Technologies Private Limited FY 2025 filings available
Irov Technologies Private Limited reported revenue of ₹8.8 Cr (up 117% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Irov Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 105% over five years, including 117% growth in the latest year. EBITDA rose 130% 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 Irov Technologies 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 | ₹1.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.18 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 Irov Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Irov Technologies are in the company report.
Financial statements from FY 2018
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 Irov Technologies Private Limited
Irov Technologies Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Marine Engineering). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MM Cargo Gear and Marine Services Private Limited | •••• | •••• | •••• | •••• | - | Gandhidham, Gujarat, India |
| 21 Knots Design & Consulting Private Limited | •••• | •••• | •••• | •••• | - | Jodhpur, Rajasthan, India |
| Sunglow Marine Services Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| The Oriental Chemical Works Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Offshore Engineering Design and Energy Consultants Private Limited | •••• | •••• | •••• | •••• | 21 | Thane, Maharashtra, India |
| Irov Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Kunnathunad Panchayath, Kerala, India |
| Geo Marine Consultants Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Kings Ocean Marine Services Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Asha Underwater Services Private Limited | •••• | •••• | •••• | •••• | - | Kalyan, Maharashtra, India |
| Kenivaa Shipping Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| R&M Marine Engineering Services India Private Limited | •••• | •••• | •••• | •••• | 55 | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Irov Technologies by revenue in the Engineering industry (Marine Engineering), 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 Irov Technologies Private Limited
Irov Technologies Private Limited is audited by R RAJAN ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R RAJAN 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 Irov Technologies Private Limited
Irov Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Rambilash Joshi Also directs: Unicorn India Ventures Advisors LLP, Unicorn India Ventures Services LLP, Redev Ventures LLP and 5 more | Nominee Director | 09 Aug 2024 | 2 Years 1 Months | Current |
| Kannappa Palaniappan Periyakaruppan | Director | 07 Aug 2017 | 9 Years 2 Months | Current |
| Johns Thannikkottu Mathai | Director | 07 Aug 2017 | 9 Years 2 Months | Current |
Ownership and Shareholding of Irov Technologies 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 Irov Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2025 | Others | ₹3.5 Cr | Open |
| 23 Mar 2022 | State Bank of India | ₹1.2 Lakh | Open |
| 09 Mar 2022 | State Bank of India | ₹2.83 Lakh | Open |
| 22 Feb 2022 | State Bank of India | ₹10 Cr | Open |
| 01 Nov 2021 | Others | ₹32,500 | Open |
Total charge records: 6 View all charges
Deals & Funding of Irov Technologies Private Limited
Irov Technologies Private Limited has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹27.78 Cr; the latest was in February 2026.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Funding round · Pre-Series A | ₹13 Cr | Investors: Achieving Women Equity, Unicorn India Ventures |
| Aug 2024 | Funding round · Pre-Series A | ₹10.08 Cr | Investors: Unicorn India Ventures |
| Mar 2022 | Funding round · Seed | ₹2.95 Cr | Investors: K Chittilappilly Trust, Venture Center, 2 individuals |
| May 2021 | Rights issue | ₹1.25 Cr | Investors: Gail (India) Limited |
| May 2019 | Funding round | ₹1.75 Cr | Investors: Gail (India) Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Irov Technologies Private Limited
Irov Technologies operates one associated brand: EyeROV. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of remotely operated vehicles and unnamed systems for underwater inspections | eyerov.com |
Employees and EPFO Compliance at Irov Technologies Private Limited
Irov Technologies Private Limited has a workforce of 34 employees as of Mar 30, 2024.
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.
News related to Irov Technologies Private Limited
Recent Activity on Irov Technologies Private Limited
Irov Technologies Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Anil Rambilash Joshi ceased to be Additional Director on 01 Sep 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Irov Technologies 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 Irov Technologies 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 Irov Technologies 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 Irov Technologies Private Limited
Irov Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECI5883J1ZB | Kerala | Active | 01 Dec 2017 |
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 Irov Technologies 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 Irov Technologies Private Limited
Irov Technologies is an active private limited company based in Kunnathunad Panchayath, Kerala, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 07 August 2017 (9+ years old) and is registered under CIN U72900KL2017PTC050018.
Irov Technologies reported revenue of ₹8.8 Cr for FY 2025 (up 117% YoY).
Irov Technologies has 3 current directors:
- Anil Rambilash Joshi - Nominee Director
- Kannappa Palaniappan Periyakaruppan - Director
- Johns Thannikkottu Mathai - Director
Irov Technologies reported a net profit of ₹1.18 Lakh (net margin 0.1%) and EBITDA of ₹1.01 Cr (EBITDA margin 11.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Irov Technologies is 60% over three years and 105% over five years. In the latest year (FY 2025) revenue rose 117%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Irov Technologies is 32AAECI5883J1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Irov Technologies is U72900KL2017PTC050018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irov Technologies was incorporated on 07 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.
Irov Technologies has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹27.78 Cr; the latest was in February 2026.
The peers of Irov Technologies by revenue are MM Cargo Gear and Marine Services Private Limited, 21 Knots Design & Consulting Private Limited, Sunglow Marine Services Private Limited, The Oriental Chemical Works Private Limited, Offshore Engineering Design and Energy Consultants Private Limited and 5 more, all in the Engineering industry (Marine Engineering).
Anil Rambilash Joshi ceased to be Additional Director on 01 Sep 2024. Anil Rambilash Joshi was appointed as Nominee Director on 09 Aug 2024. Johns Thannikkottu Mathai was appointed as Director on 07 Aug 2017. Irov Technologies has 4 board changes on record in total.