About Ignovate Solutions Private Limited
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Ignovate Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 service-based operations segment of the business services sector. It was incorporated on 31 August 2017.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC118365.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ramalingam Subramanian Rajalakshmi and Vaiyapuri Rajasundaram.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 29 Krishnaswamy Street Pazhavanthangal, Chennai, Tamil Nadu, India – 600114.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.22 Lakh. For the same year it recorded a net loss of ₹5.86 Lakh (net margin -182%) and EBITDA of -₹5.86 Lakh (EBITDA margin -182%).
The company was associated with 1 brand: iGnovate Solutions.
The last known website on record is ignovatesolutions.com.
Company details
Contact details
Ignovate Solutions Private Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Registered Address29 Krishnaswamy Street Pazhavanthangal, Chennai, Tamil Nadu, India – 600114
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
Ignovate Solutions operates one associated brand: iGnovate Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT solutions including mobility, eCommerce, web development, and digital marketing services. | ignovatesolutions.com |
Business activity
The main business activity of Ignovate Solutions is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Ignovate Solutions Private Limited, buy the company report.
Financials of Ignovate Solutions Private Limited
FY 2018 filings availableIgnovate Solutions Private Limited reported revenue of ₹3.22 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 |
|---|---|
| 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 | -₹5.86 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.86 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
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| Investments | |
| Inventories | |
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| Total Assets | |
Financial Ratios
| Metrics | FY 2017-18 |
|---|---|
| Profitability | |
| EBITDA Margin | -182% |
| Net Profit Margin | -182% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
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| Net Profit Growth | |
To see the full financial statements and ratios of Ignovate Solutions Private Limited, buy the company report.
Board of directors of Ignovate Solutions Private Limited
Ignovate Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramalingam Subramanian Rajalakshmi | Director | 31 Aug 2017 | 9 Years 1 Months | As last reported |
| Vaiyapuri Rajasundaram | Director | 31 Aug 2017 | 9 Years 1 Months | As last reported |
Peer comparison
Ignovate Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of newspapers, books, periodicals, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Win Leon Publishing Private Limited | ₹3.33 Lakh (FY 2017) | 43835.0% | Chennai, Tamil Nadu, India | |||
| Patabahar Publications Private Limited | ₹3.33 Lakh (FY 2016) | -25.0% | Kolkata, West Bengal, India | |||
| Kashmir News Service Private Limited | ₹3.27 Lakh (FY 2025) | -36.0% | Humhama, Jammu and Kashmir, India | |||
| Prospective Media Private Limited | ₹3.26 Lakh (FY 2016) | -56.0% | Delhi, India | |||
| Absead Media Private Limited | ₹3.22 Lakh (FY 2019) | Hyderabad, Telangana, India | ||||
| Ignovate Solutions Private Limitedthis company | ₹3.22 Lakh (FY 2018) | -₹5.86 Lakh | -182% | Chennai, Tamil Nadu, India | ||
| Soul Tools and Services Private Limited | ₹3.22 Lakh (FY 2021) | -72.0% | Bangalore, Karnataka, India | |||
| World2gether Solutions Private Limited | ₹3.2 Lakh (FY 2025) | 1538.0% | Chandkheda, Gujarat, India | |||
| Swades Media Private Limited | ₹3.19 Lakh (FY 2024) | 1496.0% | Guwahati, Assam, India | |||
| Timeline Publication Private Limited | ₹3.19 Lakh (FY 2025) | -44.0% | Bhopal, Madhya Pradesh, India | |||
| 22 Feet Ventures Private Limited | ₹3.17 Lakh (FY 2025) | 170.0% | Delhi, India |
To see the full peer comparison of Ignovate Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ignovate Solutions 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 Ignovate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ignovate Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ignovate Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ramalingam Subramanian Rajalakshmi was appointed as Director on 31 Aug 2017.
Frequently asked questions
Ignovate Solutions 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.
Ignovate Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in other services, within the business services industry. It was incorporated on 31 August 2017 and is registered under CIN U74999TN2017PTC118365. The company has been struck off by the Registrar of Companies and is no longer operational.
Ignovate Solutions had 2 directors:
- Ramalingam Subramanian Rajalakshmi - Director
- Vaiyapuri Rajasundaram - Director
The CIN (Corporate Identification Number) of Ignovate Solutions is U74999TN2017PTC118365. 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 Ignovate Solutions is at 29 Krishnaswamy Street Pazhavanthangal, Chennai, Tamil Nadu, India – 600114.
Ignovate Solutions was incorporated on 31 August 2017. It is registered with the Registrar of Companies, Chennai.
Ignovate Solutions can be reached through the website ignovatesolutions.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Ignovate Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2018 are in the company report.
Ignovate Solutions operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.
The peers of Ignovate Solutions by revenue are Win Leon Publishing Private Limited, Patabahar Publications Private Limited, Kashmir News Service Private Limited, Prospective Media Private Limited, Absead Media Private Limited and 5 more, all in the same principal business activity (publishing of newspapers, books, periodicals, etc. activities).
Ramalingam Subramanian Rajalakshmi was appointed as Director on 31 Aug 2017. Vaiyapuri Rajasundaram was appointed as Director on 31 Aug 2017.