About Iris Computers Limited
Data last updated:
Iris Computers Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Inflexionpoint Technologies Pte Limited. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 28 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72100DL1996PLC081490. Its GSTIN is 07AAACI9670H1ZC (Delhi). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.3 Cr. It is led by directors including Ravindra Partap Singh (Whole-Time Director) and Nitin Ishwarlal Kankariya.
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 – 69 Vasant Marg Vasant Vihar, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2024, the company reported a revenue of ₹142.7 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹68.71 Lakh (net margin 0.5%) and EBITDA of ₹8.61 Cr (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 36% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22 Cr and satisfied charges of ₹474.5 Cr on record. Court records list 524 cases involving the company, including 431 filed by the company and 93 filed against it; 44 cases are pending. The company has 20 deals on record (16 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹13.87 Cr; the latest was in May 2016. Its 3 peer companies in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Mega Compu World Private Limited with revenue of ₹143.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irisworld.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 69 Vasant Marg Vasant Vihar, New Delhi, Delhi, India – 110057
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Iris Computers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Iris Computers Limited
FY 2024 filings availableIris Computers Limited reported revenue of ₹142.7 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 39% fall in the latest year. EBITDA fell 47% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹8.61 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹68.71 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6% | |
| Net Profit Margin | 0.5% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iris Computers are in the company report.
: available in the company report
Board of Directors of Iris Computers Limited
Iris Computers has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Ishwarlal Kankariya Also directs: Divyanand Properties LLP, Onnyyx Fitness LLP, Onnyx Organics Private Limited and 1 more | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Ravindra Partap Singh | Whole-Time Director | 27 Mar 2023 | 3 Years 6 Months | Current |
| Poonam Singh | Additional Director | 19 Aug 2025 | 1 Years 2 Months | Current |
Peer Comparison
Iris Computers Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mega Compu World Private Limited | ₹143.67 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Iris Computers Limited this company | ₹142.7 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| Convergent Technologies India Private Limited | ₹138.1 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Texub Infotech Private Limited | ₹137.7 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
Peers are the companies nearest to Iris Computers by revenue, above and below it, in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Iris Computers Limited is audited by GAMS & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GAMS & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2018 | Others | ₹7 Cr | Open |
| 08 Mar 2016 | Tata Capital Financial Services Limited | ₹15 Cr | Open |
| 21 Mar 2016 | Others | ₹40 Cr | Satisfied |
| 01 Mar 2016 | Idfc Bank Limited | ₹20 Cr | Satisfied |
| 30 Oct 2015 | Hdfc Bank Limited | ₹45 Cr | Satisfied |
Total charge records: 27 View all charges
Deals & Funding
Iris Computers Limited has 20 deals on record (16 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹13.87 Cr; the latest was in May 2016.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Rights issue | ₹6.68 Cr | Investors: Inflexionpoint Technologies Pte. Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Inflexionpoint Technologies Pte. Limited Seller: 4 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Plantetoid Agro Products Private Limited , an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sunshine Housecon Limited , Lawrence Buildcon Limited , Shardaraj Tradefin Ltd |
| Oct 2011 | Funding round | ₹7.75 Cr | Investors: Consortium Financial Services Limited, Lawrence Buildcon Limited , Plantetoid Agro Products Private Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Iris Computers Limited has 524 court cases on record: 431 filed by Iris Computers, 93 filed against it. 44 cases are pending and 480 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 418 | 21 | 36 |
| High courts | 87 | 55 | 6 |
| Supreme Court | 19 | 17 | 2 |
Cases on record (5 of 524)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Deutsche Cars Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Suumaya Industries Ltd. and 7 others | Pending |
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against Digitechh Electroworld Pvt Ltd. & Ors. | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Edile Engineering Pvt. Ltd. and 2 others | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Dentsu Communications India Pvt Ltd | Disposed |
: available in 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.
Employees and EPFO Compliance
Iris Computers Limited has a workforce of 6 employees as of Apr 09, 2024.
: available in the company report
Recent Activity
Iris Computers Limited has 21 board changes on record since 1996: 4 appointments and 17 cessations. The latest: Poonam Singh was appointed as Additional Director on 19 Aug 2025.
76 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Iris Computers has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACI9670H1ZC | Delhi | Active | 01 Jul 2017 |
| 03AAACI9670H1ZK | Punjab | Active | 01 Jul 2017 |
| 04AAACI9670H1ZI | Chandigarh | Active | 01 Jul 2017 |
| 09AAACI9670H1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Iris Computers is an active public limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 28 August 1996 (30+ years old) and is registered under CIN U72100DL1996PLC081490.
Iris Computers has 3 current directors:
- Ravindra Partap Singh - Whole-Time Director
- Nitin Ishwarlal Kankariya - Director
- Poonam Singh - Additional Director
The latest financial statements of Iris Computers 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 Iris Computers is 07AAACI9670H1ZC, registered in Delhi. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAACI9670H1ZK (Punjab), 04AAACI9670H1ZI (Chandigarh), 09AAACI9670H1Z8 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Iris Computers is U72100DL1996PLC081490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Computers has 524 court cases on record: 431 filed by the company and 93 filed against it. 44 are pending. Most are in the district courts.
Iris Computers was incorporated on 28 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Iris Computers has 20 deals on record (16 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹13.87 Cr; the latest was in May 2016.
The peers of Iris Computers by revenue are Mega Compu World Private Limited, Convergent Technologies India Private Limited, Texub Infotech Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Poonam Singh was appointed as Additional Director on 19 Aug 2025. Nitin Ishwarlal Kankariya ceased to be Additional Director on 29 Sep 2023. Mahima Hora ceased to be Additional Director on 20 Aug 2023. Iris Computers has 21 board changes on record in total.
Iris Computers can be reached through the website irisworld.net. Its registered office is in New Delhi, Delhi, India.