About Itpluspoint Solutions Private Limited
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Itpluspoint Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2014PTC018524. Its GSTIN is 21AADCI7159L2ZD (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prabhat Kumar Sahoo (Managing Director) and Indira Sahoo.
Its last annual general meeting (AGM) was held on 25 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No – B – 304 Plot No – 1429 Banamali Basera Apartment Patia, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2023, the company reported a revenue of ₹81.81 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.19 Lakh (net margin 3.9%) and EBITDA of ₹5.24 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 17% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itpluspoint.com.
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- Registered AddressFlat No – B – 304 Plot No – 1429 Banamali Basera Apartment Patia, Bhubaneswar, Odisha, India – 751024
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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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Business Activity of Itpluspoint Solutions Private Limited
The main business activity of Itpluspoint Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Itpluspoint Solutions Private Limited FY 2023 filings available
Itpluspoint Solutions Private Limited reported revenue of ₹81.81 Lakh (down 12% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Itpluspoint Solutions Private Limited
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 71% 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 of Itpluspoint Solutions Private Limited
| 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 | ₹81.81 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.19 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 of Itpluspoint Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Itpluspoint Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Itpluspoint Solutions Private Limited
Itpluspoint Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Invennico Technolabs Private Limited | ₹81.94 Lakh (FY 2024) | •••• | •••• | 78.0% | •••• | Vadodara, Gujarat, India |
| N10 Technosoft Private Limited | ₹81.87 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Ahmedabad, Gujarat, India |
| Stellartec Consulting Private Limited | ₹81.84 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Chennai, Tamil Nadu, India |
| So La Tech India Private Limited | ₹81.82 Lakh (FY 2025) | •••• | •••• | 74282.0% | •••• | Bangalore, Karnataka, India |
| Noetic Labs Private Limited | ₹81.82 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Itpluspoint Solutions Private Limited this company | ₹81.81 Lakh (FY 2023) | •••• | •••• | -12.0% | •••• | Bhubaneswar, Odisha, India |
| Ilaark Consulting Private Limited | ₹81.8 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Geocrat Technologies Private Limited | ₹81.79 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Lucidspire Private Limited | ₹81.78 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| RSB Medtech Solution Private Limited | ₹81.77 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| Preyan Technosys Private Limited | ₹81.76 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Navsari, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Itpluspoint Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Itpluspoint Solutions Private Limited
Itpluspoint Solutions Private Limited is audited by SDR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SDR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Itpluspoint Solutions Private Limited
Itpluspoint Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhat Kumar Sahoo | Managing Director | 17 Dec 2014 | 11 Years 9 Months | Current |
| Indira Sahoo | Director | 17 Dec 2014 | 11 Years 9 Months | Current |
Ownership and Shareholding of Itpluspoint Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Itpluspoint Solutions Private Limited
Itpluspoint Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Itpluspoint Solutions Private Limited
Itpluspoint Solutions Private Limited has a workforce of 9 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Itpluspoint Solutions Private Limited
Itpluspoint Solutions Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Indira Sahoo was appointed as Director on 17 Dec 2014.
Credit Ratings, Litigation & Regulatory Alerts for Itpluspoint Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Itpluspoint Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Itpluspoint Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Itpluspoint Solutions Private Limited
Itpluspoint Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCI7159L2ZD | Odisha | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Itpluspoint Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Itpluspoint Solutions Private Limited
Itpluspoint Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 December 2014 (12+ years old) and is registered under CIN U72200OR2014PTC018524.
Itpluspoint Solutions reported revenue of ₹81.81 Lakh for FY 2023 (down 12% YoY).
Itpluspoint Solutions has 2 current directors:
- Prabhat Kumar Sahoo - Managing Director
- Indira Sahoo - Director
Itpluspoint Solutions reported a net profit of ₹3.19 Lakh (net margin 3.9%) and EBITDA of ₹5.24 Lakh (EBITDA margin 6.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Itpluspoint Solutions is 5% over three years and 17% over five years. In the latest year (FY 2023) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Itpluspoint Solutions is 21AADCI7159L2ZD, registered in Odisha. 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 Itpluspoint Solutions is U72200OR2014PTC018524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itpluspoint Solutions was incorporated on 17 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Itpluspoint Solutions by revenue are Invennico Technolabs Private Limited, N10 Technosoft Private Limited, Stellartec Consulting Private Limited, So La Tech India Private Limited, Noetic Labs Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Indira Sahoo was appointed as Director on 17 Dec 2014. Prabhat Kumar Sahoo was appointed as Managing Director on 17 Dec 2014.
Itpluspoint Solutions can be reached through the website itpluspoint.com. Its registered office is in Bhubaneswar, Odisha, India.