Initiative Air Voice Consultancy Private Limited
About Initiative Air Voice Consultancy Private Limited
Data last updated:
Initiative Air Voice Consultancy Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 26 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2003PTC123713. Its GSTIN is 07AABCI1898L1Z4 (Delhi).
The company has an authorised share capital of ₹1.41 Cr and a paid-up capital of ₹1.41 Cr. It is led by directors Renu Adawal and Shanker Adawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 40 Shop No 10 Kalkaji, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.41 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹20.97 Lakh (net margin 59.2%) and EBITDA of ₹25.88 Lakh (EBITDA margin 73.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Initiative Air Voice Consultancy Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 40 Shop No 10 Kalkaji, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Initiative Air Voice Consultancy 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 Initiative Air Voice Consultancy 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 Initiative Air Voice Consultancy Private Limited, buy the company report.
Financials of Initiative Air Voice Consultancy Private Limited
FY 2025 filings availableInitiative Air Voice Consultancy Private Limited reported revenue of ₹35.41 Lakh (down 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 13% fall in the latest year. EBITDA fell 29% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹25.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.97 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.1% | ||||
| Net Profit Margin | 59.2% | ||||
| 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 Initiative Air Voice Consultancy Private Limited, buy the company report.
Board of directors of Initiative Air Voice Consultancy Private Limited
Initiative Air Voice Consultancy has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Adawal | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
| Shanker Adawal | Director | 26 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Initiative Air Voice Consultancy Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Cenveo Solutions and Consultancy Private Limited | ₹35.45 Lakh (FY 2017) | 13.0% | Kochi, Kerala, India | |||
| Japa Infotech Private Limited | ₹35.44 Lakh (FY 2017) | New Delhi, Delhi, India | ||||
| Sagax Solutions Private Limited | ₹35.43 Lakh (FY 2021) | 61.0% | Hyderabad, Telangana, India | |||
| Tekplant Infotech Private Limited | ₹35.42 Lakh (FY 2016) | -36.0% | Chennai, Tamil Nadu, India | |||
| Initiative Air Voice Consultancy Private Limitedthis company | ₹35.41 Lakh (FY 2023) | ₹20.97 Lakh | 59.2% | -13.0% | New Delhi, Delhi, India | |
| Kanaya Technologies Private Limited | ₹35.41 Lakh (FY 2024) | 210.0% | Bharuch, Gujarat, India | |||
| Cyberland Consultants Private Limited | ₹35.41 Lakh (FY 2024) | 20.0% | Ravipuram, Kerala, India | |||
| Crunchtech Solution Private Limited | ₹35.41 Lakh (FY 2024) | 250.0% | Bengaluru, Karnataka, India | |||
| H&G IT Private Limited | ₹35.4 Lakh (FY 2025) | 34.0% | Delhi, India | |||
| Pricube Technologies Private Limited | ₹35.4 Lakh (FY 2025) | 29.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Initiative Air Voice Consultancy Private Limited, buy the company report.
Auditor
Initiative Air Voice Consultancy Private Limited is audited by ANISH ASHISH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANISH ASHISH & CO. | FY 2017 | 002535N |
Shareholding
The shareholding of Initiative Air Voice Consultancy 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 Initiative Air Voice Consultancy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Initiative Air Voice Consultancy 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 Initiative Air Voice Consultancy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Initiative Air Voice Consultancy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI1898L1Z4 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Initiative Air Voice Consultancy Private Limited, buy the company report.
Recent activity
Initiative Air Voice Consultancy Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Renu Adawal ceased to be Managing Director on 30 Sep 2019.
Frequently asked questions
Initiative Air Voice Consultancy is an active private limited company based in New Delhi, Delhi, India. The company works in consultancy, within the information technology industry. It was incorporated on 26 December 2003 (23+ years old) and is registered under CIN U74140DL2003PTC123713.
Initiative Air Voice Consultancy has 2 current directors:
- Renu Adawal - Director
- Shanker Adawal - Director
The latest financial statements of Initiative Air Voice Consultancy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Initiative Air Voice Consultancy is 07AABCI1898L1Z4, registered in Delhi.
The CIN (Corporate Identification Number) of Initiative Air Voice Consultancy is U74140DL2003PTC123713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Initiative Air Voice Consultancy was incorporated on 26 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Initiative Air Voice Consultancy by revenue are Cenveo Solutions and Consultancy Private Limited, Japa Infotech Private Limited, Sagax Solutions Private Limited, Tekplant Infotech Private Limited, Kanaya Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Renu Adawal ceased to be Managing Director on 30 Sep 2019. Renu Adawal was appointed as Director on 26 Dec 2003. Shanker Adawal was appointed as Director on 26 Dec 2003.
The registered office of Initiative Air Voice Consultancy is at B – 40 Shop No 10 Kalkaji, New Delhi, Delhi, India – 110019.
Initiative Air Voice Consultancy operates in the information technology industry, in the consultancy segment.
The compliance status of Initiative Air Voice Consultancy is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
