MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0208864
Irp Systems India Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.58 Cr
▲ 10871% YoY
Net loss · FY 2024
₹98.84 Lakh
Net margin -11.5%
EBITDA · FY 2024
-₹94.2 Lakh
EBITDA margin -11%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹3.86 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Irp Systems India Private Limited
Data last updated:
Irp Systems India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 24 August 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34300KA2022FTC165294. Its GSTIN is 29AAGCI8205G1ZH (Karnataka).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.86 Cr. It is led by directors including Moran Price and Gorur Narasimhan Balaji.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹98.84 Lakh (net margin -11.5%) and EBITDA of -₹94.2 Lakh (EBITDA margin -11%).
The company is associated with 1 brand: IRP Systems.
Irp Systems India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0208864). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irpsystems.com.
Company details
CIN U34300KA2022FTC165294
Registration Number 165294
Incorporation Date 24 August 2022
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-03-0208864
Recognitions & Rankings of Irp Systems India
Contact details
Irp Systems India Private Limited's registered office is in Bangalore, Karnataka. Its website is irpsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address480/B Ground Floor 18th Cross, 27th Main Road Sector – 2, Bangalore, Karnataka, India – 560102
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Irp Systems India Private Limited, buy the company report.
Comprehensive company report
Irp Systems 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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Brands
Irp Systems India operates one associated brand: IRP Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software-defined electric powertrain systems for micromobility are provided. | irpsystems.com |
Business activity
The main business activity of Irp Systems India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Irp Systems India Private Limited, buy the company report.
Financials of Irp Systems India Private Limited
FY 2025 filings availableIrp Systems India Private Limited reported revenue of ₹8.58 Cr (up 10871% YoY) for FY 2024.
Revenue · FY 2024
₹8.58 Cr ▲ 10871%
Net loss · FY 2024
₹98.84 Lakh margin -11.5%
EBITDA · FY 2024
-₹94.2 Lakh margin -11%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹94.2 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹98.84 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -11% | |
| Net Profit Margin | -11.5% | |
| 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 Irp Systems India Private Limited, buy the company report.
Board of directors of Irp Systems India Private Limited
Irp Systems India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Moran Price | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Gorur Narasimhan Balaji | Director | 13 Jan 2025 | 1 Years 9 Months | Current |
| Paul Abraham Price | Director | 08 Aug 2023 | 3 Years 3 Months | Current |
Auditor
Irp Systems India Private Limited is audited by Rahul Agarwalla & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rahul Agarwalla & Co. | FY 2023 | 023451S |
Shareholding
The shareholding of Irp Systems India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Irp Systems India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Irp Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Irp Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Irp Systems India Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Irp Systems India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI8205G1ZH | Karnataka | Active | 03 Nov 2022 |
To see the full GST registrations and return filing status of Irp Systems India Private Limited, buy the company report.
Recent activity
Irp Systems India Private Limited has 7 board changes on record since 2022: 5 appointments and 2 cessations. The latest: Abhijit Rajan Matade ceased to be Director on 13 Jan 2025.
AGM
Irp Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Irp Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Abhijit Rajan Matade ceased to be Director.
Appointed
Gorur Narasimhan Balaji was appointed as Director.
Appointed
Paul Abraham Price was appointed as Director.
Ceased
Hila Zamir ceased to be Director.
Appointed
Abhijit Rajan Matade was appointed as Director.
Appointed
Hila Zamir was appointed as Director.
Appointed
Moran Price was appointed as Director.
Incorporation
24 Aug 2022
Irp Systems India Private Limited was registered on 24 Aug 2022 with Roc Bangalore & aged 4 years 2 months as per MCA records.
News
Frequently asked questions
Irp Systems India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 24 August 2022 (4+ years old) and is registered under CIN U34300KA2022FTC165294.
Irp Systems India has 3 current directors:
- Moran Price - Director
- Gorur Narasimhan Balaji - Director
- Paul Abraham Price - Director
The latest financial statements of Irp Systems 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 FY 2023 are in the company report.
The GSTIN of Irp Systems India is 29AAGCI8205G1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Irp Systems India is U34300KA2022FTC165294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irp Systems India was incorporated on 24 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Abhijit Rajan Matade ceased to be Director on 13 Jan 2025. Gorur Narasimhan Balaji was appointed as Director on 13 Jan 2025. Paul Abraham Price was appointed as Director on 08 Aug 2023. Irp Systems India has 7 board changes on record in total.
Yes, Irp Systems India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0208864).
Irp Systems India can be reached through the website irpsystems.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Irp Systems India is at 480B Ground Floor 18th Cross, 27th Main Road Sector – 2, Bangalore, Karnataka, India – 560102.
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