- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-06-0003968

About Ipl Biologicals Limited
Data last updated:
Ipl Biologicals Limited is a public limited company based in New Delhi, Delhi, India. It operates in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 11 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC058971. Its GSTIN is 07AAACI2322L1ZS (Delhi). The company holds 26 GST registrations, of which 25 are active.
The company has an authorised share capital of ₹30.5 Cr and a paid-up capital of ₹17.65 Cr. It was formerly known as International Biologicals Limited and International Panaacea Limited. It is led by directors including Thirumullaivoyal Ghanasekaran Vimalakumari (Whole-Time Director) and Mukesh Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 34 2nd Floor Connaught Circus, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹126.33 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.15 Cr (net margin 2.5%) and EBITDA of ₹8.46 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company has about 447 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IPL Biologicals. As per MCA filings, the company has open charges of ₹142.45 Cr and satisfied charges of ₹21.19 Cr on record. Court records list 1,147 cases involving the company, including 1,110 filed by the company and 37 filed against it; 457 cases are pending. The company has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹128.15 Cr; the latest was in April 2024. Its 6 peer companies in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 4 smaller; the largest is Mega Innovative Crops Private Limited with revenue of ₹127.65 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 144 overdue payments to 41 micro and small suppliers.
Ipl Biologicals Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-06-0003968). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iplbiologicals.com.
Company details
Name history
Ipl Biologicals has undergone 3 name changes throughout its history. The company was previously known as International Biologicals Limited, International Panaacea Limited, and International Panacea Limited. The current legal name is Ipl Biologicals Limited.
| Company Name | Status |
|---|---|
| Ipl Biologicals Limited | Current |
| International Biologicals Limited | Previous |
| International Panaacea Limited | Previous |
| International Panacea Limited | Previous |
Recognitions & Rankings of Ipl Biologicals
Contact details
Ipl Biologicals Limited's registered office is in New Delhi, Delhi. Its website is iplbiologicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 34 2nd Floor Connaught Circus, New Delhi, Delhi, India – 110001
- IndustryAgriculture, Fertilizers & Soil Enhancers, Crop Protection
To see the full contact details of Ipl Biologicals 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
Ipl Biologicals operates one associated brand: IPL Biologicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plant nutrition and protection products are manufactured and supplied. | iplbiologicals.com |
Business activity
The main business activity of Ipl Biologicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ipl Biologicals Limited, buy the company report.
Financials of Ipl Biologicals Limited
FY 2024 filings availableIpl Biologicals Limited reported revenue of ₹126.33 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA fell 16% 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 | ₹8.46 Cr | ||||
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| Net Profit (PAT) | ₹3.15 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ipl Biologicals Limited, buy the company report.
Board of directors of Ipl Biologicals Limited
Ipl Biologicals has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Sharma Also directs: Negolice International Limited, Panacea Organic Foods Limited, Peekay Construction Ltd and 4 more | Director | 30 Oct 2006 | 20 Years 0 Months | Current |
| Deepak Singhal | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Thirumullaivoyal Ghanasekaran Vimalakumari Also directs: Panacea Organic Foods Limited | Whole-Time Director | 12 Oct 2017 | 9 Years 0 Months | Current |
| Devkishan Karnani | Director | 01 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Ipl Biologicals Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mega Innovative Crops Private Limited | ₹127.65 Cr (FY 2025) | 18.0% | Ankleshwar, Gujarat, India | |||
| The Phosphate Company Limited | ₹127.61 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Ipl Biologicals Limitedthis company | ₹126.33 Cr (FY 2024) | ₹3.15 Cr | 2.5% | 3.0% | 447 | New Delhi, Delhi, India |
| Nirmiti Asmita Agro Private Limited | ₹125.65 Cr (FY 2025) | 27.0% | Biranvadi, Maharashtra, India | |||
| R C Fertilisers Private Limited | ₹124.9 Cr (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| Coimbatore Pioneer Fertilizers Private Limited | ₹120.92 Cr (FY 2025) | 132.0% | Coimbatore, Tamil Nadu, India | |||
| Agro Phos (India) Limited | ₹120.79 Cr (FY 2025) | 16.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Ipl Biologicals Limited, buy the company report.
Auditor
Ipl Biologicals Limited is audited by SARAT JAIN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAT JAIN & ASSOCIATES | FY 2023 | 014793C |
Shareholding
The shareholding of Ipl Biologicals 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 Ipl Biologicals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2024 | 100950278 | Hdfc Bank Limited | ₹142.15 Cr | Open | |
| 08 Feb 2024 | 100866226 | Bank of India | ₹30 Lakh | Open | |
| 27 Jan 2021 | 100411456 | Others | ₹15 Lakh | Satisfied | |
| 27 Nov 2013 | 10465972 | Punjab National Bank | ₹66 Lakh | Satisfied | |
| 13 Jun 2011 | 10291647 | Punjab National Bank | ₹2.5 Cr | Satisfied |
To see the full charge records of Ipl Biologicals Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Ipl Biologicals Limited has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹128.15 Cr; the latest was in April 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Secondary share transfer | Undisclosed | Seller: Virtue Finance Limited , Sheetalnath Properties Private Limited |
| Dec 2023 | Funding round | ₹90 Cr | Investors: Radhey Buildhome Private Limited , Ample Hotels and Resorts Private Limited , 2 individuals |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: Virtue Finance Limited Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Elite Homes Private Limited Seller: Sach Realtors Private Limited |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: Jainco Finlease and Investment Private Limited Seller: Heavenly Resorts Private Limited. |
To see the full deal history of Ipl Biologicals 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
Ipl Biologicals Limited has 1,147 court cases on record: 1,110 filed by Ipl Biologicals, 37 filed against it. 457 cases are pending and 690 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,127 | 29 | 453 |
| High courts | 18 | 7 | 3 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 1,147)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Thalir Trading LLP | Pending |
| Supreme Court | Court case (0304-Arbitration Law and Other Alternative Dispute Resolution : Challenge to arbitral award, matters relating to execution under Section 36, under Section 34/Section 37 of the Arbitration & Conciliation Act, 1996 and challenges to arbitral award under Arbitration Act, 1940) | Filed against the company by National Seeds Corporation Limited Company Secretary Beej Bhawan, Pusa Complex ,New Delhi , Delhi | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by National Seeds Corporation Limited | Disposed |
| District court, Banaskanth at Palanpur, Gujarat | Court case (CR EN) | Filed against the company | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (CR EN) | Filed against the company | Pending |
To see the full case history of Ipl Biologicals 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.
Credit ratings & regulatory alerts
Ipl Biologicals Limited was last rated by Care on 12 Mar 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Mar 2026 |
To see the full credit ratings and regulatory alerts of Ipl Biologicals Limited, buy the company report.
MSME payment delays
Ipl Biologicals Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 144 overdue payments to 41 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 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Airmistic Engineers Private Limited | |||
| an individual supplier | |||
| Lyophilization Systems India Private Limited | |||
| Frontier Agencies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ipl Biologicals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ipl Biologicals Limited has a workforce of 447 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ipl Biologicals has 26 GST registrations: 25 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACI2322L1ZS | Delhi | Active | 01 Jul 2017 |
| 07AAACI2322L2ZR | Delhi | Active | 07 Sep 2017 |
| 27AAACI2322L1ZQ | Maharashtra | Active | 29 Jun 2017 |
| 03AAACI2322L1Z0 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ipl Biologicals Limited, buy the company report.
Recent activity
Ipl Biologicals Limited has 11 board changes on record since 2006: 4 appointments and 7 cessations. The latest: Prakash Dhameja ceased to be CFO on 06 Dec 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Ipl Biologicals is an active public limited company based in New Delhi, Delhi, India. The company works in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 11 May 1994 (32+ years old) and is registered under CIN U74899DL1994PLC058971.
Ipl Biologicals has 4 current directors:
- Thirumullaivoyal Ghanasekaran Vimalakumari - Whole-Time Director
- Mukesh Sharma - Director
- Deepak Singhal - Director
- Devkishan Karnani - Director
The latest financial statements of Ipl Biologicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ipl Biologicals is 07AAACI2322L1ZS, registered in Delhi. The company has 26 GST registrations in all, of which 25 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACI2322L2ZR (Delhi), 27AAACI2322L1ZQ (Maharashtra), 03AAACI2322L1Z0 (Punjab).
The CIN (Corporate Identification Number) of Ipl Biologicals is U74899DL1994PLC058971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipl Biologicals has 1,147 court cases on record: 1,110 filed by the company and 37 filed against it. 457 are pending. Most are in the district courts.
Ipl Biologicals was incorporated on 11 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Ipl Biologicals has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹128.15 Cr; the latest was in April 2024.
The peers of Ipl Biologicals by revenue are Mega Innovative Crops Private Limited, The Phosphate Company Limited, Nirmiti Asmita Agro Private Limited, R C Fertilisers Private Limited, Coimbatore Pioneer Fertilizers Private Limited and 1 more, all in the Agriculture industry (Fertilizers, Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Prakash Dhameja ceased to be CFO on 06 Dec 2025. Deepak Singhal ceased to be Additional Director on 29 Sep 2025. Deepak Singhal was appointed as Director on 01 Apr 2025. Ipl Biologicals has 11 board changes on record in total.
Yes, Ipl Biologicals is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-06-0003968).
Ipl Biologicals has 8 MSME Form 1 returns on record between 2019 and 2022, listing 144 overdue payments to 41 micro and small suppliers. The latest return was filed on 17 Oct 2022.

