Igear Holdings Private Limited

Igear Holdings Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2015PTC265356 Incorporated 09 June 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹8.89 Lakh
▲ 58% YoY
Net profit · FY 2025
₹6.24 Lakh
Net margin 70.2%
EBITDA · FY 2025
₹8.25 Lakh
EBITDA margin 92.8%
Authorised capital
₹9.55 Cr
Registered with MCA
Paid-up capital
₹9.2 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Igear Holdings Private Limited

Data last updated:

Igear Holdings Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of The Indian Express Private Limited. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 09 June 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC265356. Its GSTIN is 27AADCI8365E1ZF (Maharashtra).

The company has an authorised share capital of ₹9.55 Cr and a paid-up capital of ₹9.2 Cr. It is led by directors Anant Vivek Goenka and Vaidehi Chintaman Thakar.

Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Mafatlal Centre Ramnath Goenka Marg, Nariman Point Mumbai – 400021 Maharashtra, Maharashtra, India – 400021.

As per the financials filed for FY 2025, the company reported a revenue of ₹8.89 Lakh, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Lakh (net margin 70.2%) and EBITDA of ₹8.25 Lakh (EBITDA margin 92.8%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 26% over five years.

Its group structure includes 1 subsidiary.

The company is associated with 1 brand: MyInsuranceClub.com. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.93 Cr; the latest was in February 2017. Its 10 peer companies in the same principal business activity (other support services to organizations) are compared by revenue, 5 larger and 5 smaller; the largest is Jeenias Dominant India Foundation with revenue of ₹8.9 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myinsuranceclub.com.

Company details

CIN U74999MH2015PTC265356
Registration Number 265356
Incorporation Date 09 June 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Parent Company The Indian Express Private Limited
Compliance Status Active Compliant

Contact details

Igear Holdings Private Limited's registered office is in Mumbai, Maharashtra. Its website is myinsuranceclub.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    7th Floor Mafatlal Centre Ramnath Goenka Marg, Nariman Point Mumbai – 400021 Maharashtra, Maharashtra, India – 400021
  • Industry
    Information Technology, Web Design & Maintenance Services

To see the full contact details of Igear Holdings Private Limited, buy the company report.

Comprehensive company report
Igear Holdings Private Limited - one report that includes everything
  • 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
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Brands

Igear Holdings operates one associated brand: MyInsuranceClub.com. Each brand links to its own profile.

BrandDescriptionWebsite
Online platform to compare & apply for insurance policiesmyinsuranceclub.com

Business activity

The main business activity of Igear Holdings is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Igear Holdings Private Limited, buy the company report.

Financials of Igear Holdings Private Limited

FY 2025 filings available

Igear Holdings Private Limited reported revenue of ₹8.89 Lakh (up 58% YoY) for FY 2025.

Revenue · FY 2025
₹8.89 Lakh ▲ 58%
Net profit · FY 2025
₹6.24 Lakh margin 70.2%
EBITDA · FY 2025
₹8.25 Lakh margin 92.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 32%
5 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▲ 121%
3 years · compounded
▲ 31%
5 years · compounded
▲ 16%

Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 121% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.24 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin92.8%
Net Profit Margin70.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Igear Holdings Private Limited, buy the company report.

Board of directors of Igear Holdings Private Limited

Igear Holdings has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anant Vivek GoenkaDirector03 Jan 20206 Years 10 MonthsCurrent
Vaidehi Chintaman ThakarDirector04 Apr 20233 Years 7 MonthsCurrent

Peer comparison

Igear Holdings Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jeenias Dominant India Foundation₹8.9 Lakh (FY 2023)Varanasi, Uttar Pradesh, India
Bonde Vanijya Limited₹8.9 Lakh (FY 2023)Pune, Maharashtra, India
Alligator Intelligence Security Private Limited₹8.9 Lakh (FY 2015)-68.0%New Delhi, Delhi, India
Dishaa Shopping Network Private Limited₹8.9 Lakh (FY 2016)0.0%New Delhi, Delhi, India
Bizdeed HR Solutions (OPC) Private Limited₹8.89 Lakh (FY 2025)-38.0%Ghaziabad, Uttar Pradesh, India
Igear Holdings Private Limitedthis company₹8.89 Lakh (FY 2025)₹6.24 Lakh70.2%58.0%Mumbai, Maharashtra, India
Dzire11 Fantasy (OPC) Private Limited₹8.89 Lakh (FY 2024)Hyderabad, Telangana, India
Fiberlight Private Limited₹8.89 Lakh (FY 2024)-3.0%Bettiah, Bihar, India
Shree Maruti Supply Chain Private Limited₹8.88 Lakh (FY 2021)488.0%Ahmedabad, Gujarat, India
A1 E-Trade Vision Private Limited₹8.87 Lakh (FY 2020)3.0%Gurgaon, Haryana, India
Kailash Mansarover Works Private Limited₹8.86 Lakh (FY 2024)-18.0%Delhi, India

To see the full peer comparison of Igear Holdings Private Limited, buy the company report.

Auditor

Igear Holdings Private Limited is audited by V. Sankar Aiyar & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
V. Sankar Aiyar & Co.FY 2022109208W

Shareholding

The shareholding of Igear Holdings Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Igear Holdings Private Limited, buy the company report.

Deals & funding

Igear Holdings Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.93 Cr; the latest was in February 2017.

Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹3.93 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Feb 2017Funding round₹75 LakhInvestors: an individual
Jun 2016Secondary share transferUndisclosedBuyer: QIC Asset Management Limited
Seller: QIC Capital LLC
Aug 2015Funding round₹3.18 CrInvestors: QIC Capital LLC
Jun 2015Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Igear Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Igear Holdings has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mic Insurance Web Aggregator Private LimitedU67190MH2009PTC194510

To see the full group structure of Igear Holdings Private Limited, buy the company report.

GST

Igear Holdings has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCI8365E1ZFMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Igear Holdings Private Limited, buy the company report.

Recent activity

Igear Holdings Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Vaidehi Chintaman Thakar ceased to be Additional Director on 10 Sep 2023.

AGM
Igear Holdings Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Filing
Igear Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Vaidehi Chintaman Thakar ceased to be Additional Director.
Appointed
Vaidehi Chintaman Thakar was appointed as Director.
Ceased
Manoj Murlidhar Aswani ceased to be Whole-Time Director.
Ceased
Anant Vivek Goenka ceased to be Additional Director.
Appointed
Anant Vivek Goenka was appointed as Director.
Ceased
Deepak Yohannan ceased to be Whole-Time Director.
Incorporation
09 Jun 2015
Igear Holdings Private Limited was registered on 09 Jun 2015 with Roc Mumbai I & aged 11 years 5 months as per MCA records.

Frequently asked questions

Igear Holdings is an active private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 09 June 2015 (11+ years old) and is registered under CIN U74999MH2015PTC265356.

Igear Holdings has 2 current directors:

The latest financial statements of Igear Holdings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Igear Holdings is 27AADCI8365E1ZF, registered in Maharashtra.

The CIN (Corporate Identification Number) of Igear Holdings is U74999MH2015PTC265356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Igear Holdings has 1 court case on record: 1 filed against it.

Igear Holdings was incorporated on 09 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Igear Holdings has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.93 Cr; the latest was in February 2017.

The peers of Igear Holdings by revenue are Jeenias Dominant India Foundation, Bonde Vanijya Limited, Alligator Intelligence Security Private Limited, Dishaa Shopping Network Private Limited, Bizdeed HR Solutions (OPC) Private Limited and 5 more, all in the same principal business activity (other support services to organizations).

Vaidehi Chintaman Thakar ceased to be Additional Director on 10 Sep 2023. Vaidehi Chintaman Thakar was appointed as Director on 04 Apr 2023. Manoj Murlidhar Aswani ceased to be Whole-Time Director on 21 Jan 2022. Igear Holdings has 6 board changes on record in total.

Igear Holdings can be reached through the website myinsuranceclub.com. Its registered office is in Mumbai, Maharashtra, India.