Ikio Technologies Limited - Due diligence report

A 360° intelligence report on Ikio Lighting: trust score, financial health, credit view, compliance, directors, growth and distress signals …

2016-03-21 Connaught Place, Delhi Active Listed Active Compliant
IT Ikio Technologies Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Ikio Lighting — 360° Intelligence Report

Generated from MCA filings & public records
90/100
Trust Score
Low Risk

Ikio Lighting is assessed as Low Risk with a Trust Score of 90/100. Ikio Lighting is an active public limited indian non-government company incorporated in 2016, operating in the Consumer Electronics & Durables sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 22 Jul 2026 from the latest processed filings. Ikio Technologies Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
90/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
83/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (BB+).

Charges position: 3 open (22.01 cr) · 4 satisfied (33.56 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others3 48.0 cr
Hdfc Bank Limited3 48.0 cr
Axis Bank Limited1 48.0 cr
Compliance Score: 83/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 auditor resignation(s) filed - latest: SHIV SAROJ AND ASSOCIATES on 2021-08-04.
  • 2 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
ATUL KUMAR JAIN 01234567 Director 01/04/2018 6 yrs Approved
ROHIT SINGHAL 01234567 Director 01/04/2018 6 yrs Approved
HARDEEP SINGH 01234567 Director 01/04/2018 6 yrs Approved
CHANDRA SHEKHAR VERMA 01234567 Director 01/04/2018 6 yrs Approved
SANJEET SINGH 01234567 Director 01/04/2018 6 yrs Approved
SANDEEP KUMAR AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
SURMEET KAUR 01234567 Director 01/04/2018 6 yrs Approved
KISHORE KUMAR SANSI 01234567 Director 01/04/2018 6 yrs Approved
RACHANA CHOWDHARY 01234567 Director 01/04/2018 6 yrs Approved
Sanjeet Singh 01234567 Director 01/04/2018 6 yrs Approved
  • 10 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
3
Group entities
3
Capital events
0 allotment(s) · 6 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Ikio Solutions Private Limited Subsidiary Company 74.00%
Royalux Exports Private Limited Subsidiary Company 74.00%
Royalux Lighting Private Limited Subsidiary Company 74.00%
Royalux Llc Subsidiary Company 74.00%

Key managerial personnel: ATUL KUMAR JAIN (CFO) · HARDEEP SINGH (Managing Director) · SANJEET SINGH (CEO) · SURMEET KAUR (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 10+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
3 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence87/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment92/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 22.01 cr already registered.
  • Compliance record supports lending.
Investor view92/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
21 Aug 2025
Last AGM held
Annual general meeting
01 Jul 2025
Director ceased
ATUL KUMAR JAIN
16 Jun 2025
Charge created
Hdfc Bank Limited - 30.00 Lakh
11 Jun 2025
Director appointed
Sanjeet Singh (Ceo)
13 May 2025
Director appointed
SANJEET SINGH (CEO)
31 Mar 2025
Latest balance sheet
Filed with ROC
06 Nov 2024
Charge satisfied
Hdfc Bank Limited
26 Sep 2024
Charge satisfied
Hdfc Bank Limited
07 Sep 2024
Director appointed
ATUL KUMAR JAIN (CFO)
19 Aug 2024
Director ceased
RACHANA CHOWDHARY
30 Jun 2024
Director ceased
SUBHASH CHAND AGRAWAL
24 May 2024
Director appointed
RACHANA CHOWDHARY (Director)
28 Nov 2023
Charge satisfied
Axis Bank Limited
20 Apr 2022
Director appointed
ROHIT SINGHAL (Director)
14 Apr 2022
Director appointed
CHANDRA SHEKHAR VERMA (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
10 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 3 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BB+ from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Tenova Technologies Private Limited U72200MH2006PTC348974 Thane West, Maharashtra, India
Vista Consoles Electronics Private Limited U32109UP2019PTC121900 Noida, Uttar Pradesh, India
Reitz India U51909TG1998PLC029396 Hyderabad, Telangana, India
Aryan Pumps And Enviro Solutions U74999PN2013PTC149326 Pune, Maharashtra, India
International Aerospace Manufacturing Private Limited U29253KA2010PTC054509 Bangalore, Karnataka, India
Oriental Electrical Components Private Limited U31909MH2004PTC149565 Mumbai, Maharashtra, India
Flender Drive Systems Private Limited U29219TN2020PTC138320 Kanchipuram, Tamil Nadu, India
Ats-Elgi U34300TZ2007PLC014125 Coimbatore, Tamil Nadu, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Ikio Lighting before audits and certifications: compliance score 83/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Ikio Lighting: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Ikio Lighting - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 90/100, distress signals and MSME payment-delay disclosures - know whether Ikio Lighting pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Ikio Lighting - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Ikio Lighting an active company?

Ikio Lighting has MCA status “Active” with a compliance score of 83/100 (Low Risk).

Is Ikio Lighting financially healthy?

Ikio Lighting has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Ikio Lighting?

Its overall Trust Score is 90/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Ikio Lighting?

Promoters hold a majority stake - exact percentages are in the full report. 10 active director(s) are on record.

Does Ikio Lighting have loans or charges against its assets?

3 open charge(s) are registered against its assets, and 4 earlier charge(s) stand satisfied.

Is Ikio Lighting up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 83/100 (Low Risk).

Is it risky to lend to Ikio Lighting?

Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.