DPIIT recognised startup Government of India
Startup India
Ishang Mfg Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.53 Cr
▼ 5% YoY
Net profit · FY 2025
₹4.17 Lakh
Net margin 2.7%
EBITDA · FY 2025
₹10.21 Lakh
EBITDA margin 6.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ishang Mfg Private Limited
Data last updated:
Ishang Mfg Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the healthcare sector. It was incorporated on 30 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33119KA2021PTC152559. Its GSTIN is 29AAGCI3378A1ZL (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Manisha Agarwal and Lokesh Agarwal.
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 No 394 Ground Floor E Facing 14th B Woc Rd 2nd Phase 2 Ndstage Mahalaxmipuram, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.53 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.17 Lakh (net margin 2.7%) and EBITDA of ₹10.21 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
Ishang Mfg Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0130376). For more details, the company can be reached via its website ishang.in.
Company details
CIN U33119KA2021PTC152559
Registration Number 152559
Incorporation Date 30 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0130376
Key People
Manisha Agarwal Director Lokesh Agarwal Director Recognitions & Rankings of Ishang Mfg
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0130376
Contact details
Ishang Mfg Private Limited's registered office is in Bangalore, Karnataka. Its website is ishang.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo 394 Ground Floor E Facing 14th B Woc Rd 2nd Phase 2 Ndstage Mahalaxmipuram, Bangalore, Karnataka, India – 560086
- IndustryHealthcare, Manufacturing, Other Medical And Surgical Equipment, Medical & Surgical Equipment, Orthopedic Appliances, Medical Appliances And Instruments
To see the full contact details of Ishang Mfg Private Limited, buy the company report.
Comprehensive company report
Ishang Mfg 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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Business activity
The main business activity of Ishang Mfg is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ishang Mfg Private Limited, buy the company report.
Financials of Ishang Mfg Private Limited
FY 2025 filings availableIshang Mfg Private Limited reported revenue of ₹1.53 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹1.53 Cr ▼ 5%
Net profit · FY 2025
₹4.17 Lakh margin 2.7%
EBITDA · FY 2025
₹10.21 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 124%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 1% 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 |
|---|---|---|---|---|
| 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 | ₹10.21 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4.17 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.7% | |||
| Net Profit Margin | 2.7% | |||
| 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 Ishang Mfg Private Limited, buy the company report.
Board of directors of Ishang Mfg Private Limited
Ishang Mfg has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Agarwal | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Lokesh Agarwal | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Ishang Mfg Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surfcoatech Industries Private Limited | ₹1.54 Cr (FY 2025) | 44.0% | Pune, Maharashtra, India | |||
| Nugel Industries Private Limited | ₹1.54 Cr (FY 2021) | -19.0% | Vijayawada, Andhra Pradesh, India | |||
| Supermech Engineering India Private Limited | ₹1.54 Cr (FY 2025) | -6.0% | Ghaziabad, Uttar Pradesh, India | |||
| HD Jewellery Marvels Private Limited | ₹1.54 Cr (FY 2024) | -62.0% | Surat, Gujarat, India | |||
| Silicon Labs Private Limited | ₹1.54 Cr (FY 2024) | 49.0% | Tamil Nadu, India | |||
| Ishang Mfg Private Limitedthis company | ₹1.53 Cr (FY 2025) | ₹4.17 Lakh | 2.7% | -5.0% | Bangalore, Karnataka, India | |
| Healkeren Medtronics Private Limited | ₹1.53 Cr (FY 2025) | 32.0% | Bangalore, Karnataka, India | |||
| Sri Durga Pustak Bhandar Private Limited | ₹1.53 Cr (FY 2025) | 8.0% | Uttar Pradesh, India | |||
| Cascade Appliances Limited | ₹1.53 Cr (FY 2015) | 57.0% | Tamil Nadu, India | |||
| Ira Agrotech and Research Private Limited | ₹1.53 Cr (FY 2024) | 14.0% | Nagpur, Maharashtra, India | |||
| S. Amit Exports Private Limited | ₹1.53 Cr (FY 2024) | -76.0% | Surat, Gujarat, India |
To see the full peer comparison of Ishang Mfg Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ishang Mfg 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 Ishang Mfg Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ishang Mfg has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI3378A1ZL | Karnataka | Active | 03 Nov 2021 |
To see the full GST registrations and return filing status of Ishang Mfg Private Limited, buy the company report.
Recent activity
Ishang Mfg Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Lokesh Agarwal was appointed as Director on 30 Sep 2021.
AGM
Ishang Mfg Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ishang Mfg Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Lokesh Agarwal was appointed as Director.
Appointed
Manisha Agarwal was appointed as Director.
Incorporation
30 Sep 2021
Ishang Mfg Private Limited was registered on 30 Sep 2021 with Roc Bangalore & aged 5 years 1 month as per MCA records.
Frequently asked questions
Ishang Mfg is an active private limited company based in Bangalore, Karnataka, India. The company works in manufacturing, within the healthcare industry. It was incorporated on 30 September 2021 (5+ years old) and is registered under CIN U33119KA2021PTC152559.
Ishang Mfg has 2 current directors:
- Manisha Agarwal - Director
- Lokesh Agarwal - Director
The latest financial statements of Ishang Mfg 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 2022 are in the company report.
The GSTIN of Ishang Mfg is 29AAGCI3378A1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Ishang Mfg is U33119KA2021PTC152559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishang Mfg was incorporated on 30 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ishang Mfg by revenue are Surfcoatech Industries Private Limited, Nugel Industries Private Limited, Supermech Engineering India Private Limited, HD Jewellery Marvels Private Limited, Silicon Labs Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Lokesh Agarwal was appointed as Director on 30 Sep 2021. Manisha Agarwal was appointed as Director on 30 Sep 2021.
Yes, Ishang Mfg is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ishang Mfg is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0130376).
Ishang Mfg can be reached through the website ishang.in. Its registered office is in Bangalore, Karnataka, India.
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