DPIIT recognised startup Government of India
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Ipact Tech Solutions Private Limited
Ipact Tech Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹84.43 Lakh
▼ 38% YoY
Net loss · FY 2024
₹35.68 Lakh
Net margin -42.3%
EBITDA · FY 2024
₹15.33 Lakh
EBITDA margin 18.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ipact Tech Solutions Private Limited
Data last updated:
Ipact Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC115369. Its GSTIN is 29AAECI9567R1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ganesh Shivakumar (Whole-Time Director) and Syamkumar Sukumaran Nair (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹84.43 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹35.68 Lakh (net margin -42.3%) and EBITDA of ₹15.33 Lakh (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 82% over five years.
The company is associated with 1 brand: iPact.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999KA2018PTC115369
Registration Number 115369
Incorporation Date 09 August 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Ipact Tech Solutions
Contact details
Ipact Tech Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressNo. 949 2nd Floor Sri Sadguru Mandira, 24th Main 39th Cross 4th T Block, Bangalore, Karnataka, India – 560041
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Ipact Tech Solutions Private Limited, buy the company report.
Comprehensive company report
Ipact Tech Solutions Private Limited - one report that includes everything
- 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
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Brands
Ipact Tech Solutions operates one associated brand: iPact. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automates business processes with AI-driven platforms for efficiency and analytics. | ipactsolutions.com |
Business activity
The main business activity of Ipact Tech Solutions 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 Ipact Tech Solutions Private Limited, buy the company report.
Financials of Ipact Tech Solutions Private Limited
FY 2024 filings availableIpact Tech Solutions Private Limited reported revenue of ₹84.43 Lakh (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹84.43 Lakh ▼ 38%
Net loss · FY 2024
₹35.68 Lakh margin -42.3%
EBITDA · FY 2024
₹15.33 Lakh margin 18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 63%
5 years · compounded
▲ 82%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 284%
5 years · compounded
▲ 65%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 82%. EBITDA fell 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹15.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35.68 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | -42.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ipact Tech Solutions Private Limited, buy the company report.
Board of directors of Ipact Tech Solutions Private Limited
Ipact Tech Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Shivakumar | Whole-Time Director | 09 Aug 2018 | 8 Years 2 Months | Current |
| Syamkumar Sukumaran Nair | Whole-Time Director | 09 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Ipact Tech Solutions Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Kodertroop Technologies Private Limited | ₹84.46 Lakh (FY 2025) | 104.0% | Hyderabad, Telangana, India | |||
| Geektree Technologies Private Limited | ₹84.43 Lakh (FY 2016) | Pune, Maharashtra, India | ||||
| Ipact Tech Solutions Private Limitedthis company | ₹84.43 Lakh (FY 2024) | -₹35.68 Lakh | -42.3% | -38.0% | Bangalore, Karnataka, India | |
| Ideative Digital Private Limited | ₹84.39 Lakh (FY 2015) | 121.0% | Hyderabad, Telangana, India | |||
| Algoiq Software Solutions Private Limited | ₹84.34 Lakh (FY 2024) | -9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ipact Tech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ipact Tech 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 Ipact Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ipact Tech Solutions Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Ipact Tech Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI9567R1ZD | Karnataka | Active | 26 Sep 2018 |
To see the full GST registrations and return filing status of Ipact Tech Solutions Private Limited, buy the company report.
Recent activity
Ipact Tech Solutions Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Lakshmi Prahlada Rao was appointed as Additional Director on 28 May 2025.
Appointed
Lakshmi Prahlada Rao was appointed as Additional Director.
Ceased
Lalith Kumar Venugopal ceased to be Additional Director.
AGM
Ipact Tech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ipact Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Lalith Kumar Venugopal was appointed as Additional Director.
Appointed
Ganesh Shivakumar was appointed as Whole-Time Director.
Appointed
Syamkumar Sukumaran Nair was appointed as Whole-Time Director.
Incorporation
09 Aug 2018
Ipact Tech Solutions Private Limited was registered on 09 Aug 2018 with Roc Bangalore & aged 8 years 2 months as per MCA records.
Frequently asked questions
Ipact Tech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 August 2018 (8+ years old) and is registered under CIN U74999KA2018PTC115369.
Ipact Tech Solutions has 2 current directors:
- Ganesh Shivakumar - Whole-Time Director
- Syamkumar Sukumaran Nair - Whole-Time Director
The latest financial statements of Ipact Tech Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ipact Tech Solutions is 29AAECI9567R1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Ipact Tech Solutions is U74999KA2018PTC115369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipact Tech Solutions was incorporated on 09 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ipact Tech Solutions by revenue are Kodertroop Technologies Private Limited, Geektree Technologies Private Limited, Ideative Digital Private Limited, Algoiq Software Solutions Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Lakshmi Prahlada Rao was appointed as Additional Director on 28 May 2025. Lalith Kumar Venugopal ceased to be Additional Director on 21 May 2025. Lalith Kumar Venugopal was appointed as Additional Director on 01 Aug 2019. Ipact Tech Solutions has 5 board changes on record in total.
Yes, Ipact Tech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Ipact Tech Solutions is at No. 949 2nd Floor Sri Sadguru Mandira, 24th Main 39th Cross 4th T Block, Bangalore, Karnataka, India – 560041.
Ipact Tech Solutions operates in the information technology industry, in the application development and software solutions segment.
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