Indavest IT Services(India) Private Limited
About Indavest IT Services(India) Private Limited
Data last updated:
Indavest IT Services(India) Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Indavest Ventures Llc. 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 IT services segment of the services sector. It was incorporated on 08 January 2007.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2007PTC041430. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.23 Lakh. It was formerly known as Hedgeinit Services Private Limited. It was led by directors including Parikshat Laxminarayan and Abishek Laxminarayan.
Its last annual general meeting (AGM) was held on 10 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 'Abhilaash' 12 – A/12/1 Yamunabai Road Madhava Nagar, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2019, the company reported a revenue of ₹20.55 Lakh. For the same year it recorded a net profit of ₹17.7 Lakh (net margin 86.1%) and EBITDA of ₹17.7 Lakh (EBITDA margin 86.1%).
Company details
Contact details
Indavest IT Services(India) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address'Abhilaash' 12 – A/12/1 Yamunabai Road Madhava Nagar, Bangalore, Karnataka, India – 560001
- IndustryService, Information Technology Services
To see the full contact details of Indavest IT Services(India) 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 Indavest IT Services(India) Private Limited
FY 2019 filings availableIndavest IT Services(India) Private Limited reported revenue of ₹20.55 Lakh for FY 2019.
Financial Statement Summary
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| EBITDA | ₹17.7 Lakh | ||||
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| Net Profit (PAT) | ₹17.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 86.1% | ||||
| Net Profit Margin | 86.1% | ||||
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To see the full financial statements and ratios of Indavest IT Services(India) Private Limited, buy the company report.
Board of directors of Indavest IT Services(India) Private Limited
Indavest IT Services(India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parikshat Laxminarayan Also directs: Enchanting-Travels Private Limited | Director | 08 Jan 2007 | 19 Years 9 Months | As last reported |
| Abishek Laxminarayan | Director | 08 Jan 2007 | 19 Years 9 Months | As last reported |
| Nisheeta Swarup | Director | 29 Jan 2016 | 10 Years 9 Months | As last reported |
Auditor
Indavest IT Services(India) Private Limited is audited by RAMESHA M Y & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESHA M Y & CO | FY 2017 | 006202S |
Shareholding
The shareholding of Indavest IT Services(India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indavest IT Services(India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indavest IT Services(India) 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 Indavest IT Services(India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indavest IT Services(India) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indavest IT Services(India) Private Limited, buy the company report.
Recent activity
Indavest IT Services(India) Private Limited has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Hoohally Srinivasarao Rajavardhana ceased to be Director on 19 Jun 2019.
Frequently asked questions
Indavest IT Services(India) 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.
Indavest IT Services(India) was a private limited company based in Bangalore, Karnataka, India. The company worked in information technology services, within the service industry. It was incorporated on 08 January 2007 and is registered under CIN U72900KA2007PTC041430. The company has been struck off by the Registrar of Companies and is no longer operational.
Indavest IT Services(India) had 3 directors:
- Parikshat Laxminarayan - Director
- Abishek Laxminarayan - Director
- Nisheeta Swarup - Director
The CIN (Corporate Identification Number) of Indavest IT Services(India) is U72900KA2007PTC041430. 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 Indavest IT Services(India) is at Abhilaash 12 – A121 Yamunabai Road Madhava Nagar, Bangalore, Karnataka, India – 560001.
Indavest IT Services(India) was incorporated on 08 January 2007. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Indavest IT Services(India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 10 June 2019. Year-wise statements from 2015 are in the company report.
No. Indavest IT Services(India) has 2 GST registrations on record and all of them are cancelled or inactive.
Indavest IT Services(India) operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
Hoohally Srinivasarao Rajavardhana ceased to be Director on 19 Jun 2019. Nisheeta Swarup ceased to be Additional Director on 30 Sep 2016. Nisheeta Swarup was appointed as Director on 29 Jan 2016. Indavest IT Services(India) has 6 board changes on record in total.
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