
Yg-1 India Private Limited
About Yg-1 India Private Limited
Data last updated:
Yg-1 India Private Limited is a private limited company based in Doddaballapura, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 09 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA2023PTC170101. Its GSTIN is 29AABCY6326K1ZV (Karnataka).
The company has an authorised share capital of ₹220 Cr and a paid-up capital of ₹207.22 Cr. It is led by directors including Yunkyun Yu and Seungil Baek.
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 Plot No. 2C KIADB Industrial Area Obadenahalli Phase – III Kasaba Hobli, Doddaballapura, Karnataka, India – 561203.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹12.54 Cr (net margin -19.6%) and EBITDA of ₹5.78 Cr (EBITDA margin 9%).
As per MCA filings, the company has open charges of ₹64.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Yg-1 India Private Limited's registered office is in Doddaballapura, Karnataka.
- Registered AddressPlot No. 2C KIADB Industrial Area Obadenahalli Phase – III Kasaba Hobli, Doddaballapura, Karnataka, India – 561203
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Yg-1 India 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 Yg-1 India Private Limited, buy the company report.
Financials of Yg-1 India Private Limited
FY 2025 filings availableYg-1 India Private Limited reported revenue of ₹64.13 Cr (up 362% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 362% in the latest year. EBITDA rose 174% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹5.78 Cr | ||
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| Net Profit (PAT) | -₹12.54 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 9% | ||
| Net Profit Margin | -19.6% | ||
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To see the full financial statements and ratios of Yg-1 India Private Limited, buy the company report.
Board of directors of Yg-1 India Private Limited
Yg-1 India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yunkyun Yu | Director | 22 Jun 2023 | 3 Years 4 Months | Current |
| Seungil Baek | Director | 28 Jun 2023 | 3 Years 3 Months | Current |
| Tarang Vithaldas Parikh | Director | 22 Jun 2023 | 3 Years 4 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2025 | 101177151 | Others | ₹34.5 Cr | Open | |
| 09 Apr 2025 | 101097436 | Others | ₹30 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Yg-1 India 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 Yg-1 India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yg-1 India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCY6326K1ZV | Karnataka | Active | 19 Jan 2023 |
To see the full GST registrations and return filing status of Yg-1 India Private Limited, buy the company report.
Recent activity
Yg-1 India Private Limited has 9 board changes on record since 2023: 4 appointments and 5 cessations. The latest: Chusung Son ceased to be Additional Director on 29 Dec 2024.
2 earlier events are in the company report.
Frequently asked questions
Yg-1 India is an active private limited company based in Doddaballapura, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 09 January 2023 (3+ years old) and is registered under CIN U29299KA2023PTC170101.
Yg-1 India has 3 current directors:
- Yunkyun Yu - Director
- Seungil Baek - Director
- Tarang Vithaldas Parikh - Director
The latest financial statements of Yg-1 India 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 FY 2023 are in the company report.
The GSTIN of Yg-1 India is 29AABCY6326K1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Yg-1 India is U29299KA2023PTC170101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yg-1 India was incorporated on 09 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Chusung Son ceased to be Additional Director on 29 Dec 2024. Tarang Vithaldas Parikh ceased to be Additional Director on 29 Dec 2024. Yunkyun Yu ceased to be Additional Director on 29 Dec 2024. Yg-1 India has 9 board changes on record in total.
The registered office of Yg-1 India is at Plot No. 2C KIADB Industrial Area Obadenahalli Phase – III Kasaba Hobli, Doddaballapura, Karnataka, India – 561203.
Yg-1 India operates in the machinery and equipment industry, in the industrial tools and components segment.
Yg-1 India has open charges of ₹64.5 Cr and no satisfied charges on record as per latest MCA filings.