
About IX Energy Private Limited
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IX Energy Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 22 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U73100DL2017PTC326333. Its GSTIN is 07AAECI6885L1ZW (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹19.6 Cr and a paid-up capital of ₹18.56 Cr. It is led by directors Anshu Dewan and Divya Dewan.
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 7361 – A Qutab Road Ram Nagar, Delhi, India – 110055.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.4 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Cr and EBITDA of -₹2.2 Cr. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 15% over five years.
The company is associated with 1 brand: IX Energy. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹18 Cr; the latest was in February 2024. The company has 3 MSME Form 1 returns on record between 2019 and 2021, listing 8 overdue payments to 4 micro and small suppliers.
IX Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0026924). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ixenergy.in.
Company details
Recognitions & Rankings of IX Energy
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0026924
Contact details
IX Energy Private Limited's registered office is in Delhi, Delhi. Its website is ixenergy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7361 – A Qutab Road Ram Nagar, Delhi, India – 110055
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of IX Energy 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
IX Energy operates one associated brand: IX Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Low-cost kits for electrifying commercial vehicle fleets are developed. | ixenergy.in |
Business activity
The main business activities of IX Energy are manufacturing and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of IX Energy Private Limited, buy the company report.
Financials of IX Energy Private Limited
FY 2025 filings availableIX Energy Private Limited reported revenue of ₹30.4 Lakh (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 25% fall in the latest year. EBITDA fell 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.2 Cr | ||||
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| Net Profit (PAT) | -₹2.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of IX Energy Private Limited, buy the company report.
Board of directors of IX Energy Private Limited
IX Energy has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshu Dewan Also directs: DS Cattle Farms Limited, RS Dairy Farms Private Limited, DS Dairy Farming Limited and 5 more | Director | 22 Nov 2017 | 8 Years 11 Months | Current |
| Divya Dewan | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
Auditor
IX Energy Private Limited is audited by S.N. & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.N. & ASSOCIATES | FY 2022 | 023346N |
Shareholding
The shareholding of IX Energy 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 IX Energy Private Limited, buy the company report.
Deals & funding
IX Energy Private Limited has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹18 Cr; the latest was in February 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Funding round | ₹2 Cr | Investors: S R Foundation |
| Apr 2023 | Funding round | ₹4.25 Cr | Investors: S R Foundation , DS Spiceco Private Limited |
| Sep 2021 | Funding round | ₹5.25 Cr | Investors: DS Spiceco Private Limited , Dharampal Satyapal Sons Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Dharampal Satyapal Sons Private Limited Seller: DS Spiceco Private Limited |
| Dec 2019 | Funding round | ₹3.5 Cr | Investors: S R Foundation |
To see the full deal history of IX Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
IX Energy Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
To see the full case history of IX Energy 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
IX Energy Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 8 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| PVG Automotive Private Limited | |||
| Meher Cab Services Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of IX Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
IX Energy has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECI6885L1ZW | Delhi | Active | 10 Jan 2018 |
| 09AAECI6885L1ZS | Uttar Pradesh | Active | 26 May 2018 |
To see the full GST registrations and return filing status of IX Energy Private Limited, buy the company report.
Recent activity
IX Energy Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Divya Dewan ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
IX Energy is an active private limited company based in Delhi, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 22 November 2017 (9+ years old) and is registered under CIN U73100DL2017PTC326333.
IX Energy has 2 current directors:
- Anshu Dewan - Director
- Divya Dewan - Director
The latest financial statements of IX Energy 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 2018 are in the company report.
The GSTIN of IX Energy is 07AAECI6885L1ZW, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAECI6885L1ZS (Uttar Pradesh).
The CIN (Corporate Identification Number) of IX Energy is U73100DL2017PTC326333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IX Energy has 3 court cases on record: 3 filed against it. 2 are pending.
IX Energy was incorporated on 22 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
IX Energy has 9 deals on record (5 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹18 Cr; the latest was in February 2024.
Divya Dewan ceased to be Additional Director on 31 Dec 2020. Shiv Gopal ceased to be Director on 02 Jan 2020. Divya Dewan was appointed as Director on 30 Dec 2019. IX Energy has 4 board changes on record in total.
Yes, IX Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, IX Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0026924).