Shinsung Electronics Private Limited
About Shinsung Electronics Private Limited
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Shinsung Electronics Private Limited is a foreign private limited company based in Delhi, India, a subsidiary of Ian Precision Co. Ltd.. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 04 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016FTC302515. Its GSTIN is 09AAXCS2917C1Z1 (Uttar Pradesh).
The company has an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.35 Cr. It is led by directors including Young Hoon Park and Sang Hyun Park (Comp. Inc. Oi As Promoter).
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 A – 299 First Floor Gd Colony Mayur Vihar Phase – 3, Delhi, India – 110096.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.77 Lakh, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹5.18 Lakh (net margin -9.5%) and EBITDA of -₹4.1 Lakh (EBITDA margin -7.5%). Revenue has declined at a compounded annual rate (CAGR) of 169% over three years and 33% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shinsung Electronics Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 299 First Floor Gd Colony Mayur Vihar Phase – 3, Delhi, India – 110096
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Shinsung Electronics 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 Shinsung Electronics 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 Shinsung Electronics Private Limited, buy the company report.
Financials of Shinsung Electronics Private Limited
FY 2024 filings availableShinsung Electronics Private Limited reported revenue of ₹54.77 Lakh (down 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 32% fall in the latest year. EBITDA fell 122% 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 | -₹4.1 Lakh | ||||
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| Net Profit (PAT) | -₹5.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -7.5% | ||||
| Net Profit Margin | -9.5% | ||||
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To see the full financial statements and ratios of Shinsung Electronics Private Limited, buy the company report.
Board of directors of Shinsung Electronics Private Limited
Shinsung Electronics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Young Hoon Park Also directs: Ian Electronics India Private Limited, Pulmu Power India LLP, Ian Power India LLP and 2 more | Director | 14 Sep 2016 | 10 Years 1 Months | Current |
| Sang Hyun Park Also directs: Ian Electronics India Private Limited | Comp. Inc. Oi As Promoter | 04 Jul 2016 | 10 Years 3 Months | Current |
| Joongseok Kim | Comp. Inc. Oi As Promoter | 04 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Shinsung Electronics Private Limited is audited by VA MEHTA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VA MEHTA & ASSOCIATES LLP | FY 2023 | N500047 |
Shareholding
The shareholding of Shinsung Electronics 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Shinsung Electronics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shinsung Electronics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shinsung Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shinsung Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAXCS2917C1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shinsung Electronics Private Limited, buy the company report.
Recent activity
Shinsung Electronics Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Young Hoon Park ceased to be Additional Director on 29 Dec 2017.
Frequently asked questions
Shinsung Electronics is an active foreign private limited company based in Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 04 July 2016 (10+ years old) and is registered under CIN U74999DL2016FTC302515.
Shinsung Electronics has 3 current directors:
- Young Hoon Park - Director
- Sang Hyun Park - Comp. Inc. Oi As Promoter
- Joongseok Kim - Comp. Inc. Oi As Promoter
The latest financial statements of Shinsung Electronics 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 FY 2017 are in the company report.
The GSTIN of Shinsung Electronics is 09AAXCS2917C1Z1, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Shinsung Electronics is U74999DL2016FTC302515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shinsung Electronics was incorporated on 04 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Young Hoon Park ceased to be Additional Director on 29 Dec 2017. Joongseok Kim ceased to be Director on 14 Sep 2016. Sang Hyun Park ceased to be Director on 14 Sep 2016. Shinsung Electronics has 6 board changes on record in total.
The registered office of Shinsung Electronics is at A – 299 First Floor Gd Colony Mayur Vihar Phase – 3, Delhi, India – 110096.
Shinsung Electronics operates in the information technology industry, in the electronic components and equipment manufacturing segment.
The compliance status of Shinsung Electronics is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.