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About Irys (India) R&D Private Limited
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Irys (India) R&D Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Irys Pte. Ltd., Singapore. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019FTC185468. Its GSTIN is 27AAFCI3410E1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.5 Lakh. It is led by directors including Neha Rajan Vaidya and Nikhil Rajeev Kanitkar.
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 Hno 11 Sno 968/11 Senapati Bapat Road Near Ratna Hospital, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.2 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹20.93 Lakh (net margin 2.6%) and EBITDA of ₹44.68 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 59% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Irys Group. As per MCA filings, the company has open charges of ₹15 Lakh on record.
For more details, the company can be reached via its website irysgroup.com.
Company details
Contact details
Irys (India) R&D Private Limited's registered office is in Pune, Maharashtra. Its website is irysgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHno 11 Sno 968/11 Senapati Bapat Road Near Ratna Hospital, Pune, Maharashtra, India – 411016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Irys (India) R&D Private Limited, buy the company report.
- 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
Brands
Irys (India) R&D operates one associated brand: Irys Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| RFID technology for streamlining jewelry and diamond stock management. | irysgroup.com |
Business activity
The main business activity of Irys (India) R&D is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Irys (India) R&D Private Limited, buy the company report.
Financials of Irys (India) R&D Private Limited
FY 2025 filings availableIrys (India) R&D Private Limited reported revenue of ₹8.2 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 59%. EBITDA fell 32% 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 |
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| EBITDA | ₹44.68 Lakh | ||||
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| Net Profit (PAT) | ₹20.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Irys (India) R&D Private Limited, buy the company report.
Board of directors of Irys (India) R&D Private Limited
Irys (India) R&D has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Rajan Vaidya Also directs: Neotech Identity Solutions Private Limited | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| Nikhil Rajeev Kanitkar | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| Rohit Ajit Karnik | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
| Vishal Shridhar Usapkar Also directs: Neotech Identity Solutions Private Limited | Director | 16 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Irys (India) R&D Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cafell Technologies Private Limited | ₹8.2 Cr (FY 2024) | -24.0% | Hyderabad, Telangana, India | |||
| Technoflair Solutions India Private Limited | ₹8.2 Cr (FY 2024) | 15.0% | Hyderabad, Telangana, India | |||
| Nomis Solutions India Private Limited | ₹8.2 Cr (FY 2025) | 61.0% | Bangalore, Karnataka, India | |||
| Irys (India) R&D Private Limitedthis company | ₹8.2 Cr (FY 2025) | ₹20.93 Lakh | 2.6% | -4.0% | 23 | Pune, Maharashtra, India |
| Confidosoft Solutions Private Limited | ₹8.2 Cr (FY 2025) | -18.0% | Vadodara, Gujarat, India | |||
| Inventcorp Technologies Limited | ₹8.2 Cr (FY 2024) | -5.0% | Hyderabad, Telangana, India | |||
| Pact Software Services Private Limited | ₹8.2 Cr (FY 2025) | 54.0% | Hyderabad, Telangana, India | |||
| Teksolveit Solutions India Private Limited | ₹8.19 Cr (FY 2025) | 581.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Irys (India) R&D Private Limited, buy the company report.
Shareholding
The shareholding of Irys (India) R&D Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Irys (India) R&D Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101203897 | Others | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Irys (India) R&D 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 Irys (India) R&D Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Irys (India) R&D has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Irys (India) R&D Private Limited has a workforce of 23 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Irys (India) R&D has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI3410E1Z1 | Maharashtra | Active | 20 Sep 2019 |
To see the full GST registrations and return filing status of Irys (India) R&D Private Limited, buy the company report.
Recent activity
Irys (India) R&D Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Neha Rajan Vaidya was appointed as Director on 16 Jul 2019.
Frequently asked questions
Irys (India) R&D is an active foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 July 2019 (7+ years old) and is registered under CIN U72900PN2019FTC185468.
Irys (India) R&D has 4 current directors:
- Neha Rajan Vaidya - Director
- Nikhil Rajeev Kanitkar - Director
- Rohit Ajit Karnik - Director
- Vishal Shridhar Usapkar - Director
The latest financial statements of Irys (India) R&D 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 2020 are in the company report.
The GSTIN of Irys (India) R&D is 27AAFCI3410E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Irys (India) R&D is U72900PN2019FTC185468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irys (India) R&D was incorporated on 16 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Irys (India) R&D by revenue are Cafell Technologies Private Limited, Technoflair Solutions India Private Limited, Nomis Solutions India Private Limited, Confidosoft Solutions Private Limited, Inventcorp Technologies Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Neha Rajan Vaidya was appointed as Director on 16 Jul 2019. Nikhil Rajeev Kanitkar was appointed as Director on 16 Jul 2019. Rohit Ajit Karnik was appointed as Director on 16 Jul 2019. Irys (India) R&D has 4 board changes on record in total.
Irys (India) R&D can be reached through the website irysgroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Irys (India) R&D is at Hno 11 Sno 96811 Senapati Bapat Road Near Ratna Hospital, Pune, Maharashtra, India – 411016.
Irys (India) R&D operates in the information technology industry, in the application development and software solutions segment.
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