About Ivax Properties Private Limited
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Ivax Properties Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 25 July 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25190KA1980PTC131285.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sharad Kumar Nawalgaria and Lalita Nawalgaria.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Edifice 5 & 6 1st Floor 6th Cross Kodihalli Off Hal Airport Road Bengaluru, Karnataka, India – 560008.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.98 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹12.22 Lakh (net margin 61.2%) and EBITDA of ₹17 Lakh (EBITDA margin 85.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 31% over five years.
As per MCA filings, the company has satisfied charges of ₹9.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivaxchem.com.
Company details
CIN history
Ivax Properties has one previous CIN (Corporate Identification Number): U25190TN1980PTC008356. The current CIN is U25190KA1980PTC131285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25190KA1980PTC131285 | Current |
| U25190TN1980PTC008356 | Previous |
Contact details
Ivax Properties Private Limited's registered office is in Bengaluru, Karnataka. Its website is ivaxchem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEdifice 5 & 6 1st Floor 6th Cross Kodihalli Off Hal Airport Road Bengaluru, Karnataka, India – 560008
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Ivax Properties 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
Financials of Ivax Properties Private Limited
FY 2025 filings availableIvax Properties Private Limited reported revenue of ₹19.98 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA fell 7% 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 | ₹17 Lakh | ||||
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| Net Profit (PAT) | ₹12.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.1% | ||||
| Net Profit Margin | 61.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ivax Properties Private Limited, buy the company report.
Board of directors of Ivax Properties Private Limited
Ivax Properties has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Kumar Nawalgaria | Director | 09 Apr 2010 | 16 Years 6 Months | Current |
| Lalita Nawalgaria Also directs: Ivax Foods LLP, Ivax Paper Chemicals Private Limited | Director | 29 Mar 1984 | 42 Years 7 Months | Current |
Peer comparison
Ivax Properties Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ivax Properties Private Limitedthis company | ₹19.98 Lakh (FY 2025) | ₹12.22 Lakh | 61.2% | 6.0% | Bengaluru, Karnataka, India | |
| Tribhuvan Agencies Private Limited | ₹19.98 Lakh (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Ibw Infraproject Private Limited | ₹19.95 Lakh (FY 2024) | -85.0% | Indore, Madhya Pradesh, India | |||
| Gilbert Investments Private Limited | ₹19.95 Lakh (FY 2025) | -9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ivax Properties Private Limited, buy the company report.
Auditor
Ivax Properties Private Limited is audited by R KANKARIA AND UTTAM SINGHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KANKARIA AND UTTAM SINGHI | FY 2023 | 000442S |
Shareholding
The shareholding of Ivax Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ivax Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2011 | 10363999 | Idbi Bank Ltd | ₹9.8 Cr | Satisfied |
To see the full charge records of Ivax Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ivax Properties 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 Ivax Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ivax Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ivax Properties Private Limited has 5 board changes on record since 1984: 2 appointments and 3 cessations. The latest: Kirti Kumar Nawalgaria ceased to be Director on 24 Jan 2017.
Frequently asked questions
Ivax Properties is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 25 July 1980 (46+ years old) and is registered under CIN U25190KA1980PTC131285.
Ivax Properties has 2 current directors:
- Sharad Kumar Nawalgaria - Director
- Lalita Nawalgaria - Director
The latest financial statements of Ivax Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ivax Properties is U25190KA1980PTC131285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivax Properties was incorporated on 25 July 1980, making it 46+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ivax Properties by revenue are Tribhuvan Agencies Private Limited, Ibw Infraproject Private Limited, Gilbert Investments Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Kirti Kumar Nawalgaria ceased to be Director on 24 Jan 2017. Sharad Kumar Nawalgaria ceased to be Additional Director on 30 Sep 2010. Meera Devi Nawalgaria ceased to be Director on 09 Apr 2010. Ivax Properties has 5 board changes on record in total.
Ivax Properties can be reached through the website ivaxchem.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Ivax Properties is at Edifice 5 & 6 1st Floor 6th Cross Kodihalli Off Hal Airport Road Bengaluru, Karnataka, India – 560008.
Ivax Properties operates in the real estate and construction industry, in the real estate marketing and sales segment.
Ivax Properties has no open charges and satisfied charges of ₹9.8 Cr as per latest MCA filings.
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