DPIIT recognised startup Government of India
Startup India
Ivroom Power Private Limited
Ivroom Power Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.98 Cr
▼ 23% YoY
Net profit · FY 2023
₹11.31 Lakh
Net margin 5.7%
EBITDA · FY 2023
₹46.49 Lakh
EBITDA margin 23.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.46 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
50
Provident fund records
Directors on board
2
As per MCA filings
About Ivroom Power Private Limited
Data last updated:
Ivroom Power Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 01 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC099528. Its GSTIN is 29AAECI3910Q1Z4 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.46 Lakh. It is led by directors Atmaram Shamsunder Gawde and Krishnarao Dattaram Dhuri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.356 3rd Floor G – Block Sonesta Meadows Thubarahalli Village Varthur Hobli, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.98 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹11.31 Lakh (net margin 5.7%) and EBITDA of ₹46.49 Lakh (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 181% over three years.
The company has about 50 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Ivroom Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0273071). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999KA2017PTC099528
Registration Number 099528
Incorporation Date 01 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0273071
Recognitions & Rankings of Ivroom Power
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0273071
Contact details
Ivroom Power Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.356 3rd Floor G – Block Sonesta Meadows Thubarahalli Village Varthur Hobli, Bangalore, Karnataka, India – 560066
- IndustryAutomotive, Auto Parts & Components, Electrical and Bio Fuel Vehicles
To see the full contact details of Ivroom Power Private Limited, buy the company report.
Comprehensive company report
Ivroom Power 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 Ivroom Power is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Ivroom Power Private Limited, buy the company report.
Financials of Ivroom Power Private Limited
FY 2023 filings availableIvroom Power Private Limited reported revenue of ₹1.98 Cr (down 23% YoY) for FY 2023.
Revenue · FY 2023
₹1.98 Cr ▼ 23%
Net profit · FY 2023
₹11.31 Lakh margin 5.7%
EBITDA · FY 2023
₹46.49 Lakh margin 23.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 181%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 58%
5 years · compounded
▲ 49%
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 181%. EBITDA rose 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹46.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.31 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.5% | ||||
| Net Profit Margin | 5.7% | ||||
| 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 Ivroom Power Private Limited, buy the company report.
Board of directors of Ivroom Power Private Limited
Ivroom Power has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atmaram Shamsunder Gawde | Director | 08 Jul 2019 | 7 Years 3 Months | Current |
| Krishnarao Dattaram Dhuri Also directs: Susol Technologies Private Limited | Director | 01 Feb 2017 | 9 Years 9 Months | Current |
Auditor
Ivroom Power Private Limited is audited by SHARMA JADHAV & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA JADHAV & CO. | FY 2023 | 148611W |
Shareholding
The shareholding of Ivroom Power Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ivroom Power Private Limited, buy the company report.
Legal cases
Ivroom Power Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Secact HR Services Pvt Ltd Through Its Director Mr Nitesh Kuhikar | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Ivroom Power 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 Ivroom Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ivroom Power Private Limited has a workforce of 50 employees on its EPFO records as of Jan 21, 2025, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
35.14%
GST
Ivroom Power has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI3910Q1Z4 | Karnataka | Active | 15 Jul 2017 |
| 27AAECI3910Q1Z8 | Maharashtra | Active | 16 Jul 2019 |
To see the full GST registrations and return filing status of Ivroom Power Private Limited, buy the company report.
Recent activity
Ivroom Power Private Limited has 9 board changes on record since 2017: 2 appointments and 7 cessations. The latest: Narendra Nilkanth Pawar ceased to be Director on 12 Apr 2022.
AGM
Ivroom Power Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ivroom Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Narendra Nilkanth Pawar ceased to be Director.
Ceased
Atmaram Shamsunder Gawde ceased to be Additional Director.
Appointed
Atmaram Shamsunder Gawde was appointed as Director.
Ceased
Pruthviraj Prataprao Hande Deshmukh ceased to be Director.
Ceased
Radhika Rajendra Gawade ceased to be Director.
Ceased
Dhanashri Sawant ceased to be Director.
Ceased
Meruva Siva Prasad ceased to be Director.
Ceased
Veeraarjunarao Chodisetty ceased to be Director.
Appointed
Krishnarao Dattaram Dhuri was appointed as Director.
Incorporation
01 Feb 2017
Ivroom Power Private Limited was registered on 01 Feb 2017 with Roc Bangalore & aged 9 years 9 months as per MCA records.
Frequently asked questions
Ivroom Power is an active private limited company based in Bangalore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 01 February 2017 (9+ years old) and is registered under CIN U74999KA2017PTC099528.
Ivroom Power has 2 current directors:
- Atmaram Shamsunder Gawde - Director
- Krishnarao Dattaram Dhuri - Director
The latest financial statements of Ivroom Power on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ivroom Power is 29AAECI3910Q1Z4, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECI3910Q1Z8 (Maharashtra).
The CIN (Corporate Identification Number) of Ivroom Power is U74999KA2017PTC099528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivroom Power has 2 court cases on record: 2 filed against it. 2 are pending.
Ivroom Power was incorporated on 01 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Narendra Nilkanth Pawar ceased to be Director on 12 Apr 2022. Atmaram Shamsunder Gawde ceased to be Additional Director on 30 Sep 2019. Atmaram Shamsunder Gawde was appointed as Director on 08 Jul 2019. Ivroom Power has 9 board changes on record in total.
Yes, Ivroom Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ivroom Power is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0273071).
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