About Ike Electric Private Limited
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Ike Electric Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN2000PTC015042.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹25 Lakh. It is led by directors including Tanveer Singh Bhathal and Tajinder Singh Bhathal.
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 Flat No. 601 Mariegold S No 208/2 Next To Neco Garden Viman Nagar, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.76 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹37.42 Lakh (net margin 0.7%) and EBITDA of ₹1.67 Cr (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.35 Cr and satisfied charges of ₹37.3 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ikeelectric.com.
Company details
Contact details
Ike Electric Private Limited's registered office is in Pune, Maharashtra. Its website is ikeelectric.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 601 Mariegold S No 208/2 Next To Neco Garden Viman Nagar, Pune, Maharashtra, India – 411014
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ike Electric 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 Ike Electric is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| 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 |
To see the full business activity and turnover split of Ike Electric Private Limited, buy the company report.
Financials of Ike Electric Private Limited
FY 2025 filings availableIke Electric Private Limited reported revenue of ₹56.76 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 19% 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 | ₹1.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.42 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 | 3% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ike Electric Private Limited, buy the company report.
Board of directors of Ike Electric Private Limited
Ike Electric has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanveer Singh Bhathal Also directs: Ike Power Engineering Private Limited, Gursukh Developers Private Limited, Hashrate Alpha Tech LLP and 3 more | Director | 01 Oct 2017 | 9 Years 0 Months | Current |
| Tajinder Singh Bhathal Also directs: Deesan Natural Products Private Limited, Ike Power Engineering Private Limited, Deesan Agro-Tech Private Limited and 2 more | Director | 14 Jan 2005 | 21 Years 9 Months | Current |
| Itinder Kaur Bhathal | Director | 14 Jan 2005 | 21 Years 9 Months | Current |
Peer comparison
Ike Electric Private Limited is compared with the 8 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vajra Transpower Private Limited | ₹56.99 Cr (FY 2024) | 20.0% | Hyderabad, Telangana, India | |||
| Vijeta Switchgear Pvt Ltd | ₹56.92 Cr (FY 2024) | 16.0% | Sangli, Maharashtra, India | |||
| Electro Crimp Contacts (India) Private Limited | ₹56.89 Cr (FY 2024) | 25.0% | Nashik, Maharashtra, India | |||
| Ike Electric Private Limitedthis company | ₹56.76 Cr (FY 2025) | ₹37.42 Lakh | 0.7% | 4.0% | 67 | Pune, Maharashtra, India |
| Kryfs Fabrications Private Limited | ₹56.52 Cr (FY 2025) | 30.0% | Bhopal, Madhya Pradesh, India | |||
| Entraco-Bks Busducts Private Limited | ₹56.43 Cr (FY 2025) | 102.0% | Nashik, Maharashtra, India | |||
| Affinity Power Private Limited | ₹56.4 Cr (FY 2024) | 47.0% | Chennai, Tamil Nadu, India | |||
| Vishal Engineers & Galvanizers Private Limited | ₹56.2 Cr (FY 2025) | -17.0% | Tal Sanand, Gujarat, India | |||
| Jyoti Switchgears Private Limited | ₹56.02 Cr (FY 2025) | 43.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Ike Electric Private Limited, buy the company report.
Auditor
Ike Electric Private Limited is audited by S.M.SURATWALA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M.SURATWALA & CO | FY 2023 | 110637W |
Shareholding
The shareholding of Ike Electric 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ike Electric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2018 | 100229656 | Others | ₹52 Lakh | Open | |
| 03 Nov 2015 | 10607915 | Hdfc Bank Limited | ₹24.83 Cr | Open | |
| 16 Jun 2015 | 10578315 | The Cosmos Co-Operative Bank Limited (Viman Nagar Branch) | ₹50 Lakh | Satisfied | |
| 07 Feb 2015 | 10566063 | The Cosmos Co-Operative Bank Limited (Viman Nagar Branch) | ₹1 Cr | Satisfied | |
| 19 Jun 2013 | 10437007 | The Cosmos Co-Operative Bank Limited (Viman Nagar Branch) | ₹50 Lakh | Satisfied |
To see the full charge records of Ike Electric Private Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
Ike Electric Private Limited has 17 court cases on record: 11 filed by Ike Electric, 6 filed against it. 7 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 6 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Utech Sugar Ltd and 2 others | Pending |
| High Court of Karnataka | Appeal | Filed by the company against M/S Universal Power Transformer Pvt Ltd and 1 other | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against M/S Gammon India Ltd Gil Etc 4 and 4 others | Pending |
| District court, Panchkula, Haryana | Civil miscellaneous application | Filed by the company against Haryana Vidyut Prasaran Nigam Ltd | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Haryana Vidyut Prasaran Nigam Ltd. | Disposed |
To see the full case history of Ike Electric 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
Ike Electric Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 20 overdue payments to 20 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 (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Namdhari Industrial Traders Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ike Electric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ike Electric Private Limited has a workforce of 67 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Ike Electric Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ike Electric Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Navchetan Singh Grewal ceased to be Director on 01 Oct 2017.
51 earlier events are in the company report.
Frequently asked questions
Ike Electric is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 June 2000 (26+ years old) and is registered under CIN U31200PN2000PTC015042.
Ike Electric has 3 current directors:
- Tanveer Singh Bhathal - Director
- Tajinder Singh Bhathal - Director
- Itinder Kaur Bhathal - Director
The latest financial statements of Ike Electric 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Ike Electric is U31200PN2000PTC015042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ike Electric has 17 court cases on record: 11 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.
Ike Electric was incorporated on 27 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ike Electric by revenue are Vajra Transpower Private Limited, Vijeta Switchgear Pvt Ltd, Electro Crimp Contacts (India) Private Limited, Kryfs Fabrications Private Limited, Entraco-Bks Busducts Private Limited and 3 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Navchetan Singh Grewal ceased to be Director on 01 Oct 2017. Tanveer Singh Bhathal was appointed as Director on 01 Oct 2017. Iqbalsingh Bhathal ceased to be Director on 10 Sep 2013. Ike Electric has 5 board changes on record in total.
Ike Electric has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 20 overdue payments to 20 micro and small suppliers. The latest return was filed on 23 May 2022.
Ike Electric can be reached through the website ikeelectric.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Ike Electric is at Flat No. 601 Mariegold S No 2082 Next To Neco Garden Viman Nagar, Pune, Maharashtra, India – 411014.
Ike Electric operates in the energy and power industry, in the power equipment manufacturers segment.