About IV Power Systems Private Limited
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IV Power Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 11 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31908MH2011PTC220856. Its GSTIN is 27AACCI6927M1Z3 (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Harikrishnan Vijaymohan Nair and Anil Bhaskar Sawant.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at D – 101 Ahimsa Terrace Ahimsa Marg Chincholi Link Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2018, the company reported a revenue of ₹47.84 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹81.07 Lakh (net margin -169.4%) and EBITDA of -₹61.85 Lakh (EBITDA margin -129.3%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company has open charges of ₹42 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ivpspl.com.
Company details
Contact details
IV Power Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is ivpspl.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD – 101 Ahimsa Terrace Ahimsa Marg Chincholi Link Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of IV Power Systems 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
Business activity
The main business activity of IV Power Systems 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 IV Power Systems Private Limited, buy the company report.
Financials of IV Power Systems Private Limited
FY 2018 filings availableIV Power Systems Private Limited reported revenue of ₹47.84 Lakh (down 75% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 75% fall in the latest year. EBITDA fell 351% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹61.85 Lakh | |||
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| Net Profit (PAT) | -₹81.07 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -129.3% | |||
| Net Profit Margin | -169.4% | |||
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To see the full financial statements and ratios of IV Power Systems Private Limited, buy the company report.
Board of directors of IV Power Systems Private Limited
IV Power Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harikrishnan Vijaymohan Nair Also directs: Vishnu Lamination Private Limited | Director | 20 Dec 2017 | 8 Years 10 Months | Current |
| Anil Bhaskar Sawant | Director | 12 Oct 2018 | 8 Years 0 Months | Current |
Auditor
IV Power Systems Private Limited is audited by PANDEY & PANDEY for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANDEY & PANDEY | FY 2015 | 003686C |
Shareholding
The shareholding of IV Power Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of IV Power Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2012 | 10341458 | Punjab National Bank | ₹42 Lakh | Open |
To see the full charge records of IV Power Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
IV Power Systems Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by M/S HDFC Bank Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SW) | Filed against the company by Punjab National Bank | Disposed |
To see the full case history of IV Power Systems 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for IV Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
IV Power Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI6927M1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of IV Power Systems Private Limited, buy the company report.
Recent activity
IV Power Systems Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Anil Bhaskar Sawant was appointed as Director on 12 Oct 2018.
Frequently asked questions
IV Power Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 11 August 2011 (15+ years old) and is registered under CIN U31908MH2011PTC220856.
IV Power Systems has 2 current directors:
- Harikrishnan Vijaymohan Nair - Director
- Anil Bhaskar Sawant - Director
The latest financial statements of IV Power Systems on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of IV Power Systems is 27AACCI6927M1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of IV Power Systems is U31908MH2011PTC220856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IV Power Systems has 3 court cases on record: 3 filed against it.
IV Power Systems was incorporated on 11 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Bhaskar Sawant was appointed as Director on 12 Oct 2018. Daniel Oonnunni ceased to be Director on 17 Jul 2018. Harikrishnan Vijaymohan Nair was appointed as Director on 20 Dec 2017. IV Power Systems has 6 board changes on record in total.
IV Power Systems can be reached through the website ivpspl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of IV Power Systems is at D – 101 Ahimsa Terrace Ahimsa Marg Chincholi Link Road Malad West, Mumbai, Maharashtra, India – 400064.