Iphigenia ratnagirica is a small herb, endemic to the northern Western Ghats region of India. It is a tuberous geophyte in the family Colchicaceae.

Distribution Iphigenia ratnagirica is only known from the lateritic plateaus of Ratnagiri, Maharashtra, India. It grows on open rocky areas at elevations of .

Conservation Iphigenia ratnagirica is listed as endangered on the International Union for the Conservation of Nature's Red List. It is threatened by trampling, quarrying, developments, grazing, and invasive plants.

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