Indigo TX Software Private Limited
About Indigo TX Software Private Limited
Data last updated:
Indigo TX Software Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Intellect Design Arena Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 October 2004.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2004PTC054445. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.7 Lakh. It was led by directors including Jaideep Billa and Singhal Govind.
Its last annual general meeting (AGM) was held on 14 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 244 Anna Salai, Chennai, Tamil Nadu, India – 600006.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.74 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.22 Cr (net margin -70.6%) and EBITDA of -₹1.22 Cr (EBITDA margin -70.6%).
The company had about 18 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (2 acquisitions); the latest was in November 2011. Its 5 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Appsure Software Solutions Private Limited with revenue of ₹1.74 Cr.
Company details
Contact details
Indigo TX Software Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address244 Anna Salai, Chennai, Tamil Nadu, India – 600006
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Indigo TX Software 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
Business activity
The main business activity of Indigo TX Software 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 Indigo TX Software Private Limited, buy the company report.
Financials of Indigo TX Software Private Limited
FY 2017 filings availableIndigo TX Software Private Limited reported revenue of ₹1.74 Cr (down 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA fell 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.74 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.22 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.22 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -70.6% | ||
| Net Profit Margin | -70.6% | ||
| 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 Indigo TX Software Private Limited, buy the company report.
Board of directors of Indigo TX Software Private Limited
Indigo TX Software has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaideep Billa | Director | 28 Apr 2010 | 16 Years 5 Months | As last reported |
| Singhal Govind | Director | 20 Jan 2012 | 14 Years 9 Months | As last reported |
| Subramaniam Swaminathan | Director | 21 Oct 2013 | 13 Years 0 Months | As last reported |
| Manish Maakan | Director | 21 Nov 2011 | 14 Years 11 Months | As last reported |
Peer comparison
Indigo TX Software Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Appsure Software Solutions Private Limited | ₹1.74 Cr (FY 2025) | 5.0% | Malappuram, Kerala, India | |||
| Finmee Technologies Private Limited | ₹1.74 Cr (FY 2025) | 93.0% | Hyderabad, Telangana, India | |||
| Indigo TX Software Private Limitedthis company | ₹1.74 Cr (FY 2017) | -₹1.22 Cr | -70.6% | -2.0% | 18 | Chennai, Tamil Nadu, India |
| Energos Technologies Private Limited | ₹1.73 Cr (FY 2025) | -85.0% | Mumbai, Maharashtra, India | |||
| Audex Solutions and Technology Private Limited | ₹1.73 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Wisethink Information Solutions Private Limited | ₹1.73 Cr (FY 2024) | 1.0% | Delhi, India |
To see the full peer comparison of Indigo TX Software Private Limited, buy the company report.
Auditor
Indigo TX Software Private Limited is audited by Sivasubramanian & Rao for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sivasubramanian & Rao | FY 2017 | 003904S |
Shareholding
The shareholding of Indigo TX Software 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 Indigo TX Software Private Limited, buy the company report.
Deals & funding
Indigo TX Software Private Limited has 2 deals on record (2 acquisitions); the latest was in November 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2011 | Acquisition | ₹9.07 Cr | Buyer: Polaris Consulting & Services Limited |
| Mar 2010 | Acquisition | ₹7.98 Cr | Buyer: Polaris Consulting & Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indigo TX Software Private Limited has 1 court case on record: 1 filed by Indigo TX Software. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Company petition | Filed by the company against Intellect Design Arena Ltd | Disposed |
To see the full case history of Indigo TX Software Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indigo TX Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indigo TX Software Private Limited has a workforce of 18 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Indigo TX Software 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 Indigo TX Software Private Limited, buy the company report.
Recent activity
Indigo TX Software Private Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Subramaniam Swaminathan ceased to be Additional Director on 16 Jul 2014.
3 earlier events are in the company report.
Frequently asked questions
Indigo TX Software has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Indigo TX Software was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 13 October 2004 and is registered under CIN U72200TN2004PTC054445. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Indigo TX Software was incorporated on 13 October 2004. It is registered with the Registrar of Companies, Chennai.
Indigo TX Software had 4 directors:
- Jaideep Billa - Director
- Singhal Govind - Director
- Subramaniam Swaminathan - Director
- Manish Maakan - Director
The CIN (Corporate Identification Number) of Indigo TX Software is U72200TN2004PTC054445. 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 Indigo TX Software is at 244 Anna Salai, Chennai, Tamil Nadu, India – 600006.
The latest financial statements of Indigo TX Software on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 14 August 2017. Year-wise statements from 2015 are in the company report.
No. Indigo TX Software has 1 GST registration on record and it is cancelled or inactive.
Indigo TX Software operated in the information technology industry, in the application development and software solutions segment.
Indigo TX Software has 2 deals on record (2 acquisitions); the latest was in November 2011.
The peers of Indigo TX Software by revenue are Appsure Software Solutions Private Limited, Finmee Technologies Private Limited, Energos Technologies Private Limited, Audex Solutions and Technology Private Limited, Wisethink Information Solutions Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).