Ion Exchange (India) Limited - Company overview

Ionindia is a listed public limited company, first registered with ROC Mumbai I on 6 March 1964.

1964-03-06 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 16.5%
FY 2025
PROFIT / LOSS
₹100–500 Cr
▲ 6.6%
FY 2025
EBITDA
₹100–500 Cr
▲ 8.2%
FY 2025
NET WORTH
₹1000+ Cr
▲ 18.6%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▲ 32.5%
FY 2025
EMPLOYEE COUNT
2,251–2,260
OPEN CHARGES
23
93.84 cr
PAID-UP CAPITAL
14.67 cr
AUTHORISED CAPITAL
32.00 cr
COMPANY AGE
62 Years 8 Months
since 1964-03-06
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-09
ACTIVE GST
24
Updated: 2024-02-29 16:27:04
TOTAL MONEY RAISED
₹5–10 Cr
SATISFIED CHARGES
41
2,985.15 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Ionindia covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
64/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (95), director (35) and company-foundation signals.
  • Operating for 62+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score High risk
35/100
Board strength, DIN status and churn.
  • 13 directors on the board.
  • Director INDRANEEL DUTT has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Ionindia Company identity, industry, contact, and registration details from MCA and company records.

Ionindia is a listed public limited company, first registered with ROC Mumbai I on 6 March 1964. Its registered office is at Ion House, Dr. E.Moses Road, Mahalaxmi, Mumbai, Maharashtra.

Its filings describe the main line of business as water collection, treatment and supply, which made up 62% of turnover.

It has 13 directors: Sanjay Vithalrao Joshi, David Paul Rasquinha, Padmanabhan Gopalaraman and 10 others. The longest-serving is Rajesh Chandrabhan Sharma, on the board since 1996; the most recent to join is Indraneel Dutt, appointed in June 2025. Indraneel Dutt is the managing director. The board changed around September 2024, when Thekkekkara Meloth Mohan Nambiar, Shishir Shankar Lal Tamotia, Vijay Narhar Gupchup and Kishori Jayendra Udeshi and others stepped down and new directors joined. Between them, the directors also sit on the boards of 12 other companies, including Ion Exchange Projects And Engineering Limited and Ajanta Pharma Limited.

Paid-up capital stands at ₹14.67 crore out of ₹32 crore authorised. The last AGM on record was on 9 September 2025, for accounts made up to 31 March 2025. 23 charges (secured loans) are still open, with Canara Bank among the lenders, and 41 more have been paid off. Its shares trade on BSE (500214).

Engineering •••••••• •••••••• Chemicals and Materials ••••••••
  • Location Ion House, Dr. E.Moses Road, Mahalaxmi, Mumbai, Maharashtra - 400011
  • Website ionexchangeglobal.com
LinkedIn Facebook Twitter YouTube
Legal NameIon Exchange (India) Limited
CIN / LLPINL74999MH1964PLC014258
Company No.014258
Stock Symbol BSE: 500214
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1964-03-06
Date of AGM2025-09-09
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
Credit RatingA2 (Crisil)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Ionindia (13) Current board members from MCA filings, including designation and appointment details.

S
Sanjay Vithalrao Joshi
Director | Since 2023-07-26 | DIN: 01656787
D
David Paul Rasquinha
Director | Since 2022-08-02 | DIN: 01172654
P
Padmanabhan Gopalaraman
Director | Since 2024-08-02 | DIN: 07130908
A
Alka Arora Misra
Director | Since 2024-08-02 | DIN: 08038518
V
Vasant Janardhan Naik
CFO
M
Milind Dattatraya Puranik
Company Secretary

Financial Performance of Ionindia Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 16.5%
P&L ₹100–500 Cr ▲ 6.6%
EBITDA ₹100–500 Cr ▲ 8.2%
Net worth ₹1000+ Cr ▲ 18.6%

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Charges of Ionindia Open and satisfied charges registered against the company with MCA.

Others : 714.95 cr
Canara Bank : 100.00 cr
Open Charges: 23 Satisfied Charges: 41
Open 93.84 cr
Satisfied 2,985.15 cr
LenderAmountStatus
Others
Creation Date: 12 Nov 2025
 69.95 cr Open
Others
Creation Date: 05 Jun 2024
 200.00 cr Open
Others
Creation Date: 19 Dec 2023
 345.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Water supply, sewerage and waste managementWater collection, treatment and supply62
ManufacturingChemical and chemical products, pharmaceuticals, medicinal chemical and botanical products26

Companies With Common Directors Of Ionindia Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Ion Exchange Projects And Engineering Limited 2 Shared Directors
Ajanta Pharma Limited 1 Shared Director
Aker Powergas Subsea Private Limited 1 Shared Director
Aquanomics Systems Limited 1 Shared Director
Axis Bank Limited 1 Shared Director
Bharat Handloom Marketing Company Limited 1 Shared Director
Gujarat Alkalies And Chemicals Limited 1 Shared Director
Haldyn Glass Limited 1 Shared Director
Hsbc Trustees (India) Private Limited 1 Shared Director
India International Bullion Exchange Ifsc Limited 1 Shared Director
Slb Capturi India Private Limited 1 Shared Director
Unity Small Finance Bank Limited 1 Shared Director

Financial Ratios of Ionindia Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Ionindia Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Ionindia EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Ionindia GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Ionindia Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

3 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Ionindia MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Ionindia Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

6 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Ionindia Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Ionindia Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Ionindia?
MCA does not publish an "owner" field. Ionindia is run by its directors, Sanjay Vithalrao Joshi, David Paul Rasquinha, Padmanabhan Gopalaraman and ten others, with Indraneel Dutt as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Ionindia?
Ionindia has 13 current directors: Sanjay Vithalrao Joshi (since July 2023), David Paul Rasquinha (since August 2022), Padmanabhan Gopalaraman (since August 2024), Alka Arora Misra (since August 2024), Vasant Janardhan Naik and Milind Dattatraya Puranik, plus 7 more. Indraneel Dutt is the managing director.
What is CIN of Ionindia?
The CIN of Ionindia is L74999MH1964PLC014258. Reading it left to right: L means it is listed, 74999 is the industry code it registered under, MH is Maharashtra, 1964 is the year it was registered, PLC is the company type and 014258 is its registration number.
When was Ionindia incorporated?
Ionindia was incorporated on 6 March 1964 with ROC Mumbai I. That makes it more than 62 years old.
What is the registered address of Ionindia?
The registered office on MCA records is Ion House, Dr. E.Moses Road, Mahalaxmi, Mumbai, Maharashtra - 400011.
What is the current status of Ionindia?
MCA shows Ionindia as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Ionindia?
You can post to its registered office at Ion House, Dr. E.Moses Road, Mahalaxmi, Mumbai, Maharashtra - 400011 and use its website, https://ionexchangeglobal.com.
What industry or business activity is Ionindia associated with?
Its MCA filings list the main business as water collection, treatment and supply (62% of turnover).
What is paid-up capital and authorised share capital of Ionindia?
Paid-up capital is ₹14.67 crore and authorised capital is ₹32 crore, so about 46% of the authorised amount has been issued.
When did Ionindia last file accounts and hold an AGM?
The last AGM on record was on 9 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Ionindia?
23 charges against Ionindia are still open and 41 have been satisfied. Lenders named in the filings include Canara Bank.
Have any directors left Ionindia?
Yes, 12 former directors are on record. The most recent to leave were Thekkekkara Meloth Mohan Nambiar (September 2024), Shishir Shankar Lal Tamotia (September 2024) and Vijay Narhar Gupchup (September 2024).
Which companies share directors with Ionindia?
12 companies share directors with Ionindia. Among them are Ion Exchange Projects And Engineering Limited, Ajanta Pharma Limited, Aker Powergas Subsea Private Limited and 9 more.
What is the turnover or revenue of Ionindia?
Based on filed financial statements, the revenue of Ionindia for FY 2025 was in the ₹1000+ Cr range. That is up 16.5% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Ionindia?
For FY 2025, the net worth of Ionindia was in the ₹1000+ Cr range.
How can I get the financial details of Ionindia?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Ionindia?
The website on record for Ionindia is https://ionexchangeglobal.com.
Which company owns ionexchangeglobal.com?
ionexchangeglobal.com is the website listed for Ion Exchange (India) Limited in its company records.
Is Ionindia registered with any stock exchange in India?
It is listed on BSE with scrip code 500214.
Ionindia - is it listed or unlisted?
Ionindia is a listed company, and its CIN starts with L.
What is the ROC code of Ionindia?
Ionindia is registered with ROC Mumbai I.
What is the company classification of Ionindia?
MCA classifies Ionindia as: Public Limited Indian Non-Government Company.
Does Ionindia have subsidiaries?
Yes, 6 subsidiaries are on record for Ionindia.
Does Ionindia have GST registrations on file?
Yes, 24 active GST registrations are linked to Ionindia, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.