
About Ivg Network Private Limited
Data last updated:
Ivg Network Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 15 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC241902. Its GSTIN is 27AADCI2205D1Z6 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sucheta Himanshu Desai and Sameer Himanshu Desai.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.24 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Lakh (net margin -9.7%) and EBITDA of -₹59,295 (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 161% over five years.
The company is associated with 1 brand: IndianVideoGamer.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianvideogamer.com.
Company details
Contact details
Ivg Network Private Limited's registered office is in Mumbai, Maharashtra. Its website is indianvideogamer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBandra Anupama Co – Op.Hsg Society Ltd. Silver Oak 60 – B Flat No.5A Chimbai Road, Bandra(W), Mumbai, Maharashtra, India – 400050
- IndustryInternet, Online Gaming Platforms
To see the full contact details of Ivg Network 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
Ivg Network operates one associated brand: IndianVideoGamer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gaming news, reviews, and podcast services. | indianvideogamer.com |
Business activity
The main business activity of Ivg Network is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ivg Network Private Limited, buy the company report.
Financials of Ivg Network Private Limited
FY 2024 filings availableIvg Network Private Limited reported revenue of ₹32.24 Lakh (down 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 161%. EBITDA fell 104% 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 |
|---|---|---|---|---|---|
| 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 | -₹59,295 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.13 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -9.7% | ||||
| 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 Ivg Network Private Limited, buy the company report.
Board of directors of Ivg Network Private Limited
Ivg Network has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sucheta Himanshu Desai | Director | 05 Sep 2015 | 11 Years 1 Months | Current |
| Reema Moti Gehi Also directs: Kridana Foundation | Additional Director | 01 Jun 2023 | 3 Years 4 Months | Current |
| Sameer Himanshu Desai Also directs: Igx Events LLP, Kridana Foundation | Director | 15 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Ivg Network Private Limited is audited by ASHOK KESHAVLAL KESARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK KESHAVLAL KESARIA | FY 2023 | 043902 |
Shareholding
The shareholding of Ivg Network Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ivg Network Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ivg Network 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 Ivg Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ivg Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI2205D1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ivg Network Private Limited, buy the company report.
Recent activity
Ivg Network Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Reema Moti Gehi was appointed as Additional Director on 01 Jun 2023.
Frequently asked questions
Ivg Network is an active private limited company based in Mumbai, Maharashtra, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 15 April 2013 (13+ years old) and is registered under CIN U74999MH2013PTC241902.
Ivg Network has 3 current directors:
- Sucheta Himanshu Desai - Director
- Reema Moti Gehi - Additional Director
- Sameer Himanshu Desai - Director
The latest financial statements of Ivg Network 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 2015 are in the company report.
The GSTIN of Ivg Network is 27AADCI2205D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ivg Network is U74999MH2013PTC241902. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivg Network was incorporated on 15 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Reema Moti Gehi was appointed as Additional Director on 01 Jun 2023. Sucheta Himanshu Desai ceased to be Additional Director on 30 Sep 2015. Avinash Rajvir Bali ceased to be Director on 05 Sep 2015. Ivg Network has 5 board changes on record in total.
Ivg Network can be reached through the website indianvideogamer.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ivg Network is at Bandra Anupama Co – Op.Hsg Society Ltd. Silver Oak 60 – B Flat No.5A Chimbai Road, BandraW, Mumbai, Maharashtra, India – 400050.
Ivg Network operates in the internet industry, in the online gaming platforms segment.