Idealsource Technologies Private Limited
About Idealsource Technologies Private Limited
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Idealsource Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2013PTC091934. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhaya Veer and Tunuguntla Balasundari.
Its last annual general meeting (AGM) was held on 30 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No. 23 Flat No.102 Bhayya'S Padmavathi Mans Gayathri Nagar Ameerpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2020, the company reported a revenue of ₹25,816. For the same year it recorded a net loss of ₹1.72 Lakh and EBITDA of -₹1.72 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 71% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Idealsource Technologies has one previous CIN (Corporate Identification Number): U72900AP2013PTC091934. The current CIN is U72900TG2013PTC091934, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2013PTC091934 | Current |
| U72900AP2013PTC091934 | Previous |
Contact details
Idealsource Technologies Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 23 Flat No.102 Bhayya'S Padmavathi Mans Gayathri Nagar Ameerpet, Hyderabad, Telangana, India – 500016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Idealsource Technologies 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
Business activity
The main business activity of Idealsource Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Idealsource Technologies Private Limited, buy the company report.
Financials of Idealsource Technologies Private Limited
FY 2020 filings availableIdealsource Technologies Private Limited reported revenue of ₹25,816 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years. EBITDA rose 14% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25,816 | ||||
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| Total Expenses | |||||
| EBITDA | -₹1.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.72 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
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To see the full financial statements and ratios of Idealsource Technologies Private Limited, buy the company report.
Board of directors of Idealsource Technologies Private Limited
Idealsource Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhaya Veer | Director | 26 Dec 2013 | 12 Years 10 Months | Current |
| Tunuguntla Balasundari | Director | 26 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Idealsource Technologies Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quadrisk Advisors Private Limited | ₹25,940 (FY 2022) | -57.0% | Bangalore, Karnataka, India | |||
| Blurhyn Interactive Private Limited | ₹25,903 (FY 2021) | -84.0% | Guwahati, Assam, India | |||
| Ozean Infosolutions Private Limited | ₹25,885 (FY 2016) | -48.0% | Pune, Maharashtra, India | |||
| Incufiers Technology Private Limited | ₹25,836 (FY 2017) | Visakhapatnam, Andhra Pradesh, India | ||||
| Idealsource Technologies Private Limitedthis company | ₹25,816 (FY 2020) | -₹1.72 Lakh | Hyderabad, Telangana, India | |||
| Morgain Tech Solutions Private Limited | ₹25,800 (FY 2018) | 72.0% | Agra, Uttar Pradesh, India | |||
| Visual Data Insights Private Limited | ₹25,750 (FY 2017) | -28.0% | Chennai, Tamil Nadu, India | |||
| Conssona Solutions Private Limited | ₹25,703 (FY 2017) | Bangalore, Karnataka, India |
To see the full peer comparison of Idealsource Technologies Private Limited, buy the company report.
Auditor
Idealsource Technologies Private Limited is audited by CHALLA & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHALLA & COMPANY | FY 2020 | 000550S |
Shareholding
The shareholding of Idealsource Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Idealsource Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Idealsource Technologies 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 Idealsource Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Idealsource Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Idealsource Technologies Private Limited, buy the company report.
Recent activity
Idealsource Technologies Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Bommakanti Manjula ceased to be Director on 16 Feb 2016.
Frequently asked questions
Idealsource Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 December 2013 (13+ years old) and is registered under CIN U72900TG2013PTC091934.
Idealsource Technologies has 2 current directors:
- Abhaya Veer - Director
- Tunuguntla Balasundari - Director
The latest financial statements of Idealsource Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 November 2020. Year-wise statements from 2015 are in the company report.
No. Idealsource Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Idealsource Technologies is U72900TG2013PTC091934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idealsource Technologies was incorporated on 26 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Idealsource Technologies by revenue are Quadrisk Advisors Private Limited, Blurhyn Interactive Private Limited, Ozean Infosolutions Private Limited, Incufiers Technology Private Limited, Morgain Tech Solutions Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bommakanti Manjula ceased to be Director on 16 Feb 2016. Abhaya Veer was appointed as Director on 26 Dec 2013. Tunuguntla Balasundari was appointed as Director on 26 Dec 2013.
The registered office of Idealsource Technologies is at Plot No. 23 Flat No.102 BhayyaS Padmavathi Mans Gayathri Nagar Ameerpet, Hyderabad, Telangana, India – 500016.
Idealsource Technologies operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Idealsource Technologies is active non-compliant as of 18 August 2026. The company is actively filing with the Registrar of Companies.