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About Ibcc Industries (India) Private Limited
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Ibcc Industries (India) Private Limited is a foreign private limited company based in Bavla, Gujarat, India, a subsidiary of Ibcc Industries Inc.. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29304GJ2019FTC111449. Its GSTIN is 24AAFCI5058Q1Z2 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25.5 Cr and a paid-up capital of ₹25.5 Cr. It is led by directors including Paul Fredrick Heiss and Pankaj Singh.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 16A And B – 17 Gallops Industrial Park Phase – I National Highway No. 8A Road Rajoda, Bavla, Gujarat, India – 382220.
As per the financials filed for FY 2025, the company reported a revenue of ₹227.21 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹8.43 Cr (net margin 3.7%) and EBITDA of ₹41.46 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 253% over five years.
The company has about 153 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹226.39 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 2 cases are pending. The company has 2 deals on record (2 rights issues); the latest was in March 2023. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Neumann Components Private Limited with revenue of ₹232.49 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 557 overdue payments to 15 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibccind.com.
Company details
Contact details
Ibcc Industries (India) Private Limited's registered office is in Bavla, Gujarat. Its website is ibccind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 16A And B – 17 Gallops Industrial Park Phase – I National Highway No. 8A Road Rajoda, Bavla, Gujarat, India – 382220
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Ibcc Industries (India) 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 Ibcc Industries (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ibcc Industries (India) Private Limited, buy the company report.
Financials of Ibcc Industries (India) Private Limited
FY 2025 filings availableIbcc Industries (India) Private Limited reported revenue of ₹227.21 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 253% over five years, including 16% growth in the latest year. EBITDA rose 34% 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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| Total Expenses | |||||
| EBITDA | ₹41.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.43 Cr | ||||
| Balance Sheet | |||||
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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 | 18.2% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ibcc Industries (India) Private Limited, buy the company report.
Board of directors of Ibcc Industries (India) Private Limited
Ibcc Industries (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paul Fredrick Heiss | Director | 28 Jan 2020 | 6 Years 9 Months | Current |
| Pankaj Singh Also directs: Ibcc Manufacturing Solutions (India) Private Limited | Director | 17 Dec 2019 | 6 Years 10 Months | Current |
| Bharath Kolya Shripathy Also directs: Teamwise Industries LLP, Lectus Technocast Private Limited, Southern India Steelcast Private Limited and 1 more | Director | 17 Dec 2019 | 6 Years 10 Months | Current |
| Santosh Veerasangappa Angadi | Director | 17 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Ibcc Industries (India) Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neumann Components Private Limited | ₹232.49 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Fivestar Brass India Limited | ₹231.76 Cr (FY 2025) | 31.0% | Jamnagar, Gujarat, India | |||
| Turbo Industries Private Limited | ₹227.57 Cr (FY 2025) | 12.0% | Ludhiana, Punjab, India | |||
| Ibcc Industries (India) Private Limitedthis company | ₹227.21 Cr (FY 2025) | ₹8.43 Cr | 3.7% | 16.0% | 153 | Bavla, Gujarat, India |
| Singla Forging Private Limited | ₹226.26 Cr (FY 2025) | 8.0% | Rohtak, Haryana, India | |||
| Ador Fontech Limited | ₹217.41 Cr (FY 2024) | 0.0% | Karnataka, India |
To see the full peer comparison of Ibcc Industries (India) Private Limited, buy the company report.
Auditor
Ibcc Industries (India) Private Limited is audited by Chandulal M Shah & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandulal M Shah & Co | FY 2022 | 101698W |
Shareholding
The shareholding of Ibcc Industries (India) Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ibcc Industries (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2025 | 101202585 | Others | ₹26 Cr | Open | |
| 02 Nov 2022 | 100643748 | Axis Bank Limited | ₹90.5 Cr | Open | |
| 20 Oct 2021 | 100503070 | Axis Bank Limited | ₹109.89 Cr | Open |
To see the full charge records of Ibcc Industries (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Ibcc Industries (India) Private Limited has 2 deals on record (2 rights issues); the latest was in March 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹4.5 Cr | Investors: Ibcc Industries Inc |
| Jun 2021 | Rights issue | ₹6 Cr | Investors: Ibcc Industries Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ibcc Industries (India) Private Limited has 5 court cases on record: 1 filed by Ibcc Industries (India), 4 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed against the company by M/S A.S.Cargo Movers Pvt Ltd., | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed against the company by M/S.A S Cargo Movers Pvt Ltd M/S. J.V.Niranjan, 9080104455,Niranjan and Associates ,Mary Charlet Gomez Ap ,P.T.Geotom | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed by the company against Vinir Engineering Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Ibcc Industries (India) 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
Ibcc Industries (India) Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 557 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| D M Metal Cast | |||
| Austin Alloy Cast Private Limited | |||
| Bright Precision Machining Works Private Limited | |||
| Ask Engineers | |||
| an individual supplier |
To see the full MSME payment records of Ibcc Industries (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ibcc Industries (India) Private Limited has a workforce of 153 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Ibcc Industries (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI5058Q1Z2 | Gujarat | Active | 30 Dec 2019 |
| 33AAFCI5058Q1Z3 | Tamil Nadu | Active | 16 Aug 2021 |
To see the full GST registrations and return filing status of Ibcc Industries (India) Private Limited, buy the company report.
Recent activity
Ibcc Industries (India) Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Santosh Veerasangappa Angadi was appointed as Director on 17 Mar 2025.
2 earlier events are in the company report.
Frequently asked questions
Ibcc Industries (India) is an active foreign private limited company based in Bavla, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 December 2019 (7+ years old) and is registered under CIN U29304GJ2019FTC111449.
Ibcc Industries (India) has 4 current directors:
- Paul Fredrick Heiss - Director
- Pankaj Singh - Director
- Bharath Kolya Shripathy - Director
- Santosh Veerasangappa Angadi - Director
The latest financial statements of Ibcc Industries (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ibcc Industries (India) is 24AAFCI5058Q1Z2, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCI5058Q1Z3 (Tamil Nadu).
The CIN (Corporate Identification Number) of Ibcc Industries (India) is U29304GJ2019FTC111449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibcc Industries (India) has 5 court cases on record: 1 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Ibcc Industries (India) was incorporated on 17 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ibcc Industries (India) has 2 deals on record (2 rights issues); the latest was in March 2023.
The peers of Ibcc Industries (India) by revenue are Neumann Components Private Limited, Fivestar Brass India Limited, Turbo Industries Private Limited, Singla Forging Private Limited, Ador Fontech Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Santosh Veerasangappa Angadi was appointed as Director on 17 Mar 2025. Bharath Kolya Shripathy ceased to be Director on 30 Dec 2020. Pankaj Singh ceased to be Director on 30 Dec 2020. Ibcc Industries (India) has 6 board changes on record in total.
Ibcc Industries (India) has 3 MSME Form 1 returns on record for the period ending Sep 2022, listing 557 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 Sep 2023.
Ibcc Industries (India) can be reached through the website ibccind.com. Its registered office is in Bavla, Gujarat, India.
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