About Ignite Advisors Private Limited
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Ignite Advisors Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 April 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2009PTC192127. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Sahil Amit Mehta and Sanket Lahoti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.53 Lakh (net margin -33.9%) and EBITDA of ₹93,025 (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
The last known website on record is igniteadv.com.
Company details
Contact details
Ignite Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is igniteadv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 604 Rajshree Accord Old Police Lane Off Teli Gali Opp. Dev Deveshwar Society An, Dheri East, Mumbai, Maharashtra, India – 400069
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ignite Advisors 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
Financials of Ignite Advisors Private Limited
FY 2024 filings availableIgnite Advisors Private Limited reported revenue of ₹4.5 Lakh (up 681% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 681% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.5 Lakh | ||||
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| EBITDA | ₹93,025 | ||||
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| Net Profit (PAT) | -₹1.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | -33.9% | ||||
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To see the full financial statements and ratios of Ignite Advisors Private Limited, buy the company report.
Board of directors of Ignite Advisors Private Limited
Ignite Advisors has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Amit Mehta Also directs: Soarant Advisory LLP | Director | 05 Jun 2013 | 13 Years 4 Months | As last reported |
| Sanket Lahoti Also directs: Soarant Advisory LLP | Director | 05 Jun 2013 | 13 Years 4 Months | As last reported |
Auditor
Ignite Advisors Private Limited is audited by SHAH SHROFF & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SHROFF & ASSOCIATES | FY 2022 | 0128920W |
Shareholding
The shareholding of Ignite Advisors Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ignite Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ignite Advisors 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 Ignite Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ignite Advisors 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 Ignite Advisors Private Limited, buy the company report.
Recent activity
Ignite Advisors Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Ankur Khare ceased to be Director on 21 Apr 2021.
Frequently asked questions
Ignite Advisors has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ignite Advisors was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 April 2009 and is registered under CIN U74120MH2009PTC192127. The company has been struck off by the Registrar of Companies and is no longer operational.
Ignite Advisors had 2 directors:
- Sahil Amit Mehta - Director
- Sanket Lahoti - Director
The CIN (Corporate Identification Number) of Ignite Advisors is U74120MH2009PTC192127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ignite Advisors is at A – 604 Rajshree Accord Old Police Lane Off Teli Gali Opp. Dev Deveshwar Society An, Dheri East, Mumbai, Maharashtra, India – 400069.
Ignite Advisors was incorporated on 29 April 2009. It is registered with the Registrar of Companies, Mumbai.
Ignite Advisors can be reached through the website igniteadv.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Ignite Advisors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Ignite Advisors has 1 GST registration on record and it is cancelled or inactive.
Ignite Advisors operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.