
About Ignosi Systems Private Limited
Data last updated:
Ignosi Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 19 January 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2022PTC128725. Its GSTIN is 24AAHFK8371M1ZU (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20.35 Lakh and a paid-up capital of ₹1.46 Lakh. It is led by directors Chintan Sheth and Niravkumar Bhupendrakumar Prajapati.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block A – 807 Navratna Corporate Park, Iscon Ambli Road Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52.81 Lakh (net margin 5%) and EBITDA of ₹95.03 Lakh (EBITDA margin 9%).
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ignosis. The company has 1 deal on record (1 funding round), with disclosed funding of ₹35.49 Cr; the latest was in September 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier.
Ignosi Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0165381). For more details, the company can be reached via its website mistryandshah.com.
Company details
Recognitions & Rankings of Ignosi Systems
- Udyam number
- UDYAM-GJ-01-0165381
Contact details
Ignosi Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mistryandshah.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock A – 807 Navratna Corporate Park, Iscon Ambli Road Ahmedabad, Gujarat, India – 380058
- IndustryInternet, Online Financial Services
To see the full contact details of Ignosi Systems 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
Ignosi Systems operates one associated brand: Ignosis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of AI-enabled financial data intelligence and loan management solution for banks and lenders | ignosis.ai |
Business activity
The main business activity of Ignosi Systems 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 Ignosi Systems Private Limited, buy the company report.
Financials of Ignosi Systems Private Limited
FY 2024 filings availableIgnosi Systems Private Limited reported revenue of ₹10.55 Cr (up 154% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 154% in the latest year. EBITDA rose 460% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹95.03 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹52.81 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9% | |||
| Net Profit Margin | 5% | |||
| 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 Ignosi Systems Private Limited, buy the company report.
Board of directors of Ignosi Systems Private Limited
Ignosi Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Sheth Also directs: Ignosi Account Aggregator Private Limited | Director | 19 Jan 2022 | 4 Years 9 Months | Current |
| Niravkumar Bhupendrakumar Prajapati | Director | 19 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Ignosi Systems Private Limited is audited by MISTRY AND SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MISTRY AND SHAH LLP | FY 2023 | W100683 |
Shareholding
The shareholding of Ignosi Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ignosi Systems Private Limited, buy the company report.
Deals & funding
Ignosi Systems Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹35.49 Cr; the latest was in September 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round · Pre-Series A | ₹35.49 Cr | Investors: Surge, Force Ventures, Razorpay Ventures |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ignosi Systems 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
Ignosi Systems Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ignosi Systems Private Limited |
To see the full MSME payment records of Ignosi Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ignosi Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHFK8371M1ZU | Gujarat | Active | 01 Jul 2017 |
| 24AAGCI4946J1ZC | Gujarat | Active | 18 Apr 2022 |
To see the full GST registrations and return filing status of Ignosi Systems Private Limited, buy the company report.
Recent activity
Ignosi Systems Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Chintan Sheth was appointed as Director on 19 Jan 2022.
Frequently asked questions
Ignosi Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in online financial services, within the internet industry. It was incorporated on 19 January 2022 (4+ years old) and is registered under CIN U72200GJ2022PTC128725.
Ignosi Systems has 2 current directors:
- Chintan Sheth - Director
- Niravkumar Bhupendrakumar Prajapati - Director
The latest financial statements of Ignosi Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Ignosi Systems is 24AAHFK8371M1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAGCI4946J1ZC (Gujarat).
The CIN (Corporate Identification Number) of Ignosi Systems is U72200GJ2022PTC128725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignosi Systems was incorporated on 19 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ignosi Systems has 1 deal on record (1 funding round), with disclosed funding of ₹35.49 Cr; the latest was in September 2025.
Chintan Sheth was appointed as Director on 19 Jan 2022. Niravkumar Bhupendrakumar Prajapati was appointed as Director on 19 Jan 2022.
Yes, Ignosi Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ignosi Systems is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0165381).
Ignosi Systems has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.

