About Yg-1 Industries India Private Limited
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Yg-1 Industries India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Yg-1 Co. Ltd. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 31 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29299KA2002PTC097741. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹44 Cr and a paid-up capital of ₹42.32 Cr. It is led by directors including Tarang Vithaldas Parikh (Managing Director) and Yunkyun Yu.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.58 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 71%) and EBITDA of ₹2.53 Cr (EBITDA margin 98.3%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹7.5 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yg1.kr.
Company details
CIN history
Yg-1 Industries India has one previous CIN (Corporate Identification Number): U29299MH2002PTC137748. The current CIN is U29299KA2002PTC097741, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299KA2002PTC097741 | Current |
| U29299MH2002PTC137748 | Previous |
Contact details
Yg-1 Industries India Private Limited's registered office is in Bangalore, Karnataka. Its website is yg1.kr. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 2C Obedanahalli(Doddaballapura III Phase) Industrialarea Kasaba Hobli Doddaballapu, Ra Taluk, Bangalore, Karnataka, India – 561203
- IndustryEngineering, Engineering Components Retail & Distribution
To see the full contact details of Yg-1 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
Financials of Yg-1 Industries India Private Limited
FY 2024 filings availableYg-1 Industries India Private Limited reported revenue of ₹2.58 Cr (up 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 84% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 60%. EBITDA rose 89% 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 | ₹2.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 98.3% | ||||
| Net Profit Margin | 71% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Yg-1 Industries India Private Limited, buy the company report.
Board of directors of Yg-1 Industries India Private Limited
Yg-1 Industries India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yunkyun Yu | Director | 01 Mar 2016 | 10 Years 8 Months | Current |
| Seungil Baek | Director | 28 Jun 2023 | 3 Years 4 Months | Current |
| Tarang Vithaldas Parikh Also directs: Yg Cutting Tools Corporation Private Limited, Yg-1 India Private Limited, Super Century India Tool Private Limited and 1 more | Managing Director | 12 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Yg-1 Industries India Private Limited is compared with the 4 companies closest to it by revenue in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indet Concrete Techniq Private Limited | ₹2.63 Cr (FY 2025) | 61.0% | Mumbai, Maharashtra, India | |||
| Nash Technologies Private Limited | ₹2.61 Cr (FY 2024) | 20.0% | Delhi, India | |||
| Yg-1 Industries India Private Limitedthis company | ₹2.58 Cr (FY 2025) | ₹1.83 Cr | 71% | 84.0% | Bangalore, Karnataka, India | |
| Precision Yarns Private Limited | ₹2.54 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Nuravi Imports and Exports Private Limited | ₹2.53 Cr (FY 2024) | Dhanbad, Jharkhand, India |
To see the full peer comparison of Yg-1 Industries India Private Limited, buy the company report.
Auditor
Yg-1 Industries India Private Limited is audited by S.R. & M.R. ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. & M.R. ASSOCIATES | FY 2022 | 008094S |
Shareholding
The shareholding of Yg-1 Industries India 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yg-1 Industries India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2006 | 10033261 | Standard Chartered Bank | ₹4.5 Cr | Open | |
| 16 Mar 2005 | 80020480 | Uti Bank Limited | ₹3.75 Cr | Satisfied | |
| 01 Mar 2005 | 80020482 | Uti Bank Limited | ₹3.75 Cr | Satisfied |
To see the full charge records of Yg-1 Industries India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Yg-1 Industries India Private Limited has 14 court cases on record: 5 filed by Yg-1 Industries India, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 9 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S. D D Engineering Co, | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S. Tool Tech Enterrprised Pvt Ltd | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revision Application ULP) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by A. S. Pevekar - Inspector Maha.Pvt. Security Guard | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Yg-1 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
Yg-1 Industries India Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 210 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sigma Engineers | |||
| an individual supplier | |||
| an individual supplier | |||
| Precise Cutting Tools | |||
| Glanze Engineering Company Pvt Ltd |
To see the full MSME payment records of Yg-1 Industries India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Yg-1 Industries India Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Yg-1 Industries India has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Yg-1 Industries India Private Limited, buy the company report.
Recent activity
Yg-1 Industries India Private Limited has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Seungil Baek was appointed as Director on 28 Jun 2023.
15 earlier events are in the company report.
Frequently asked questions
Yg-1 Industries India is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 31 October 2002 (24+ years old) and is registered under CIN U29299KA2002PTC097741.
Yg-1 Industries India has 3 current directors:
- Tarang Vithaldas Parikh - Managing Director
- Yunkyun Yu - Director
- Seungil Baek - Director
The latest financial statements of Yg-1 Industries India 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.
No. Yg-1 Industries India has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Yg-1 Industries India is U29299KA2002PTC097741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yg-1 Industries India has 14 court cases on record: 5 filed by the company and 9 filed against it.
Yg-1 Industries India was incorporated on 31 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Yg-1 Industries India by revenue are Indet Concrete Techniq Private Limited, Nash Technologies Private Limited, Precision Yarns Private Limited, Nuravi Imports and Exports Private Limited, all in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading).
Seungil Baek was appointed as Director on 28 Jun 2023. Hoon Kim ceased to be Additional Director on 28 Sep 2018. Tarang Vithaldas Parikh ceased to be Managing Director on 27 Sep 2018. Yg-1 Industries India has 17 board changes on record in total.
Yg-1 Industries India has 6 MSME Form 1 returns on record between 2019 and 2021, listing 210 overdue payments to 31 micro and small suppliers. The latest return was filed on 03 Dec 2021.
Yg-1 Industries India can be reached through the website yg1.kr. Its registered office is in Bangalore, Karnataka, India.
The registered office of Yg-1 Industries India is at Plot No. 2C ObedanahalliDoddaballapura III Phase Industrialarea Kasaba Hobli Doddaballapu, Ra Taluk, Bangalore, Karnataka, India – 561203.
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