About Ivar Consultants Private Limited
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Ivar Consultants Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the online job portals segment of the internet and digital services sector. It was incorporated on 27 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74910GJ2011PTC066063. Its GSTIN is 24AACCI6581P1Z1 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ravindra Shankar Waware and Vaishali Ravindra Waware.
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 701 & 702 Ozone Vadiwadi Sarabhai Compound Genda Circle, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.9 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹23.79 Lakh (net margin -8.2%) and EBITDA of -₹15.68 Lakh (EBITDA margin -5.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company is associated with 1 brand: IVAR Consultants.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivar.co.in.
Company details
Contact details
Ivar Consultants Private Limited's registered office is in Vadodara, Gujarat. Its website is ivar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address701 & 702 Ozone Vadiwadi Sarabhai Compound Genda Circle, Vadodara, Gujarat, India – 390023
- IndustryInternet, Online Job Portals
To see the full contact details of Ivar Consultants 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
Brands
Ivar Consultants operates one associated brand: IVAR Consultants. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recruitment and consulting services focused on human resources and professional development in India. | ivar.co.in |
Business activity
The main business activity of Ivar Consultants is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Ivar Consultants Private Limited, buy the company report.
Financials of Ivar Consultants Private Limited
FY 2025 filings availableIvar Consultants Private Limited reported revenue of ₹2.9 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 126% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹15.68 Lakh | ||||
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| Net Profit (PAT) | -₹23.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -5.4% | ||||
| Net Profit Margin | -8.2% | ||||
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To see the full financial statements and ratios of Ivar Consultants Private Limited, buy the company report.
Board of directors of Ivar Consultants Private Limited
Ivar Consultants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Shankar Waware | Director | 27 Jun 2011 | 15 Years 4 Months | Current |
| Vaishali Ravindra Waware | Director | 27 Jun 2011 | 15 Years 4 Months | Current |
Auditor
Ivar Consultants Private Limited is audited by M A SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A SHAH & CO | FY 2019 | 112630W |
Shareholding
The shareholding of Ivar Consultants Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ivar Consultants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ivar Consultants 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 Ivar Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ivar Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI6581P1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ivar Consultants Private Limited, buy the company report.
Recent activity
Ivar Consultants Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ravindra Shankar Waware was appointed as Director on 27 Jun 2011.
Frequently asked questions
Ivar Consultants is an active private limited company based in Vadodara, Gujarat, India. The company works in online job portals, within the internet industry. It was incorporated on 27 June 2011 (15+ years old) and is registered under CIN U74910GJ2011PTC066063.
Ivar Consultants has 2 current directors:
- Ravindra Shankar Waware - Director
- Vaishali Ravindra Waware - Director
The latest financial statements of Ivar Consultants 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 Ivar Consultants is 24AACCI6581P1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Ivar Consultants is U74910GJ2011PTC066063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivar Consultants was incorporated on 27 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ravindra Shankar Waware was appointed as Director on 27 Jun 2011. Vaishali Ravindra Waware was appointed as Director on 27 Jun 2011.
Ivar Consultants can be reached through the website ivar.co.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Ivar Consultants is at 701 & 702 Ozone Vadiwadi Sarabhai Compound Genda Circle, Vadodara, Gujarat, India – 390023.
Ivar Consultants operates in the internet industry, in the online job portals segment.
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