Ignited Minds Advisory Private Limited

Ignited Minds Advisory Private Limited - information technology in Durgapur, West Bengal, India. FY 2026 financials & compliance.
CIN U74999WB2016PTC216098 Incorporated 08 June 2016 ROC Kolkata HQ Durgapur, West Bengal, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2021
₹1.13 Cr
▲ 78% YoY
Net profit · FY 2021
₹18,916
Net margin 0.2%
EBITDA · FY 2021
₹6.86 Lakh
EBITDA margin 6.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary

About Ignited Minds Advisory Private Limited

Data last updated:

Ignited Minds Advisory Private Limited is a private limited company based in Durgapur, West Bengal, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 08 June 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2016PTC216098. Its GSTIN is 19AAECI1601E1Z2 (West Bengal).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohammad Alam and Parijat Chakraborty.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at House No. Ucp – 026 Bengal Ambuja City Centre, Durgapur, West Bengal, India – 713216.

As per the financials filed for FY 2021, the company reported a revenue of ₹1.13 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹18,916 (net margin 0.2%) and EBITDA of ₹6.86 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 205% over three years.

Its group structure includes 2 subsidiaries.

Ignited Minds Advisory Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-23-0001445). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999WB2016PTC216098
Registration Number 216098
Incorporation Date 08 June 2016
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-23-0001445

Recognitions & Rankings of Ignited Minds Advisory

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-WB-23-0001445

Contact details

Ignited Minds Advisory Private Limited's registered office is in Durgapur, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    House No. Ucp – 026 Bengal Ambuja City Centre, Durgapur, West Bengal, India – 713216
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Ignited Minds Advisory Private Limited, buy the company report.

Comprehensive company report
Ignited Minds Advisory 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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Business activity

The main business activity of Ignited Minds Advisory is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Ignited Minds Advisory Private Limited, buy the company report.

Financials of Ignited Minds Advisory Private Limited

FY 2021 filings available

Ignited Minds Advisory Private Limited reported revenue of ₹1.13 Cr (up 78% YoY) for FY 2021.

Revenue · FY 2021
₹1.13 Cr ▲ 78%
Net profit · FY 2021
₹18,916 margin 0.2%
EBITDA · FY 2021
₹6.86 Lakh margin 6.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 205%
EBITDA CAGR growth
1 year
▲ 573%
3 years · compounded
▲ 118%

Revenue has grown at a compounded annual rate (CAGR) of 205% over three years, including 78% growth in the latest year. EBITDA rose 573% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹6.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18,916
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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin6.1%
Net Profit Margin0.2%
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 Ignited Minds Advisory Private Limited, buy the company report.

Board of directors and KMP of Ignited Minds Advisory Private Limited

Ignited Minds Advisory Private Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Bijon Kumar ChakrabortyCeo12 Feb 20188 Years 8 MonthsCurrent
Mohammad AlamDirector10 Jun 20197 Years 4 MonthsCurrent
Parijat ChakrabortyDirector08 Jun 201610 Years 4 MonthsCurrent
Kafil AhmadDirector08 Jun 201610 Years 4 MonthsCurrent

Auditor

Ignited Minds Advisory Private Limited is audited by A V S S & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
A V S S & ASSOCIATESFY 2020327456E

Shareholding

The shareholding of Ignited Minds Advisory 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 categoryFY 2020FY 2019FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ignited Minds Advisory Private Limited, buy the company report.

MSME payment delays

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

Group structure & subsidiaries

Ignited Minds Advisory has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Igmi Vigis Futech Private LimitedU72500WB2019PTC233009
Igmi Lead Consultancy Private LimitedU74999WB2019PTC230439

To see the full group structure of Ignited Minds Advisory Private Limited, buy the company report.

GST

Ignited Minds Advisory has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AAECI1601E1Z2West BengalActive23 Oct 2017

To see the full GST registrations and return filing status of Ignited Minds Advisory Private Limited, buy the company report.

Recent activity

Ignited Minds Advisory Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Abdul Irfan ceased to be Director on 13 Dec 2019.

AGM
Ignited Minds Advisory Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Ignited Minds Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.
Ceased
Abdul Irfan ceased to be Director.
Appointed
Mohammad Alam was appointed as Director.
Appointed
Bijon Kumar Chakraborty was appointed as CEO.
Appointed
Kafil Ahmad was appointed as Director.
Appointed
Parijat Chakraborty was appointed as Director.
Incorporation
08 Jun 2016
Ignited Minds Advisory Private Limited was registered on 08 Jun 2016 with Roc Kolkata & aged 10 years 4 months as per MCA records.

Frequently asked questions

Ignited Minds Advisory is an active private limited company based in Durgapur, West Bengal, India. The company works in software development and support services, within the information technology industry. It was incorporated on 08 June 2016 (10+ years old) and is registered under CIN U74999WB2016PTC216098.

Ignited Minds Advisory has 4 current directors and KMP:

The latest financial statements of Ignited Minds Advisory on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Ignited Minds Advisory is 19AAECI1601E1Z2, registered in West Bengal.

The CIN (Corporate Identification Number) of Ignited Minds Advisory is U74999WB2016PTC216098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ignited Minds Advisory was incorporated on 08 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.

Abdul Irfan ceased to be Director on 13 Dec 2019. Mohammad Alam was appointed as Director on 10 Jun 2019. Bijon Kumar Chakraborty was appointed as CEO on 12 Feb 2018. Ignited Minds Advisory has 5 board changes on record in total.

Yes, Ignited Minds Advisory is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-23-0001445).

The registered office of Ignited Minds Advisory is at House No. Ucp – 026 Bengal Ambuja City Centre, Durgapur, West Bengal, India – 713216.

Ignited Minds Advisory operates in the information technology industry, in the software development and support services segment.