
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
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
- Website
- Social Media
- Registered Address7th Floor Mafatlal Centre Ramnath Goenka Marg, Nariman Point Mumbai – 400021 Maharashtra, Maharashtra, India – 400021
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Igear Holdings 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
Brands
Igear Holdings operates one associated brand: MyInsuranceClub.com. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform to compare & apply for insurance policies | myinsuranceclub.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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other 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 availableIgear Holdings Private Limited reported revenue of ₹8.89 Lakh (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.8% | ||||
| Net Profit Margin | 70.2% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Vivek Goenka Also directs: The Indian Express Private Limited, Ie Online Media Services Private Limited, Techven Private Limited and 3 more | Director | 03 Jan 2020 | 6 Years 10 Months | Current |
| Vaidehi Chintaman Thakar Also directs: The Financial Express Print Media Private Limited, Lokasatta Private Limited, The Indian Express Private Limited and 5 more | Director | 04 Apr 2023 | 3 Years 7 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Lakh | 70.2% | 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 firm | Financial year | Firm registration number |
|---|---|---|
| V. Sankar Aiyar & Co. | FY 2022 | 109208W |
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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 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.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Funding round | ₹75 Lakh | Investors: an individual |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: QIC Asset Management Limited Seller: QIC Capital LLC |
| Aug 2015 | Funding round | ₹3.18 Cr | Investors: QIC Capital LLC |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Igear Holdings Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Nesco Ltd. | Disposed |
To see the full case history of Igear Holdings Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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.
| Company Name | CIN | Shares held |
|---|---|---|
| Mic Insurance Web Aggregator Private Limited | U67190MH2009PTC194510 |
To see the full group structure of Igear Holdings Private Limited, buy the company report.
GST
Igear Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI8365E1ZF | Maharashtra | Active | 01 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.
News
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:
- Anant Vivek Goenka - Director
- Vaidehi Chintaman Thakar - Director
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.

