About Iqura Technologies Private Limited
Data last updated:
Iqura Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1998PTC024372. Its GSTIN is 29AAACI5296F2ZB (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹49.03 Lakh. It is led by directors Anand Saraf (Managing Director) and Sharan Hippli Paramesh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.89 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹13.72 Lakh (net margin -4.7%) and EBITDA of -₹2.31 Lakh (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Iqura. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iqura.com.
Company details
Contact details
Iqura Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is iqura.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address2nd Floor Samrudh Complex 2504/1 Kodigehalli Main Road E Block Sahakar, Nagar, Bengaluru, Karnataka, India – 560092
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Iqura Technologies 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 Iqura Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Iqura Technologies Private Limited, buy the company report.
Financials of Iqura Technologies Private Limited
FY 2019 filings availableIqura Technologies Private Limited reported revenue of ₹2.89 Cr (up 22% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 22% growth in the latest year. EBITDA fell 115% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.72 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -4.7% | ||||
| 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 Iqura Technologies Private Limited, buy the company report.
Board of directors of Iqura Technologies Private Limited
Iqura Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharan Hippli Paramesh | Whole-Time Director | 02 Nov 1998 | 27 Years 11 Months | Current |
| Anand Saraf Also directs: Karibettu Private Limited, It2automate.Com Private Limited | Managing Director | 02 Nov 1998 | 27 Years 11 Months | Current |
Peer comparison
Iqura Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Udm Global Solution Private Limited | ₹2.9 Cr (FY 2024) | -14.0% | Bangalore, Karnataka, India | |||
| Quest Innovative Solutions Private Limited | ₹2.9 Cr (FY 2025) | 77.0% | Kochi, Kerala, India | |||
| Iqura Technologies Private Limitedthis company | ₹2.89 Cr (FY 2019) | -₹13.72 Lakh | -4.7% | 22.0% | 14 | Bengaluru, Karnataka, India |
| Mobme Wireless Solutions Limited | ₹2.89 Cr (FY 2024) | -42.0% | Kochi, Kerala, India |
To see the full peer comparison of Iqura Technologies Private Limited, buy the company report.
Auditor
Iqura Technologies Private Limited is audited by P K NARENDRA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K NARENDRA & CO | FY 2019 | 050096S |
Shareholding
The shareholding of Iqura Technologies Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Iqura Technologies Private Limited, buy the company report.
Legal cases
Iqura Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Iqura Technologies 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 Iqura Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iqura Technologies Private Limited has a workforce of 14 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
GST
Iqura Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI5296F2ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iqura Technologies Private Limited, buy the company report.
Recent activity
Iqura Technologies Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Sharan Hippli Paramesh ceased to be Director on 26 Mar 2009.
Frequently asked questions
Iqura Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 November 1998 (28+ years old) and is registered under CIN U72200KA1998PTC024372.
Iqura Technologies has 2 current directors:
- Anand Saraf - Managing Director
- Sharan Hippli Paramesh - Whole-Time Director
The latest financial statements of Iqura Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Iqura Technologies is 29AAACI5296F2ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Iqura Technologies is U72200KA1998PTC024372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iqura Technologies has 1 court case on record: 1 filed against it.
Iqura Technologies was incorporated on 02 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Iqura Technologies by revenue are Udm Global Solution Private Limited, Quest Innovative Solutions Private Limited, Mobme Wireless Solutions Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Sharan Hippli Paramesh ceased to be Director on 26 Mar 2009. Vishweshwara Chandrashekar Kulur ceased to be Director on 26 Mar 2009. Anand Saraf was appointed as Managing Director on 02 Nov 1998. Iqura Technologies has 4 board changes on record in total.
Iqura Technologies can be reached through the website iqura.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Iqura Technologies is at 2nd Floor Samrudh Complex 25041 Kodigehalli Main Road E Block Sahakar, Nagar, Bengaluru, Karnataka, India – 560092.