DPIIT recognised startup Government of India
Startup India
Ivory Technologies Private Limited - software in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.7 Lakh
▲ 53% YoY
Net profit · FY 2025
₹1.19 Lakh
Net margin 4%
EBITDA · FY 2025
₹1.4 Lakh
EBITDA margin 4.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Ivory Technologies Private Limited
Data last updated:
Ivory Technologies Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, recognised as a startup by DPIIT. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 30 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2021PTC072675. Its GSTIN is 32AAGCI4329F1ZV (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Ajeesh Azhakesan and Gisha Gopinath.
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 C/O Ajeesh A Adwaitham Pattariyil Kattayikonam P O, Thiruvananthapuram, Kerala, India – 695584.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.7 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 4%) and EBITDA of ₹1.4 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
The company is associated with 1 brand: Ivory Technologies.
Ivory Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0024439). For more details, the company can be reached via its website ivorytechnologies.com.
Company details
CIN U72200KL2021PTC072675
Registration Number 072675
Incorporation Date 30 November 2021
ROC Ernakulam
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KL-12-0024439
Key People
Ajeesh Azhakesan Director Vasantha Kumari Ravindran Nair Haritha Kumari Additional Director Gisha Gopinath Director Recognitions & Rankings of Ivory Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KL-12-0024439
Contact details
Ivory Technologies Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is ivorytechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Ajeesh A Adwaitham Pattariyil Kattayikonam P O, Thiruvananthapuram, Kerala, India – 695584
- IndustrySoftware, Software Development, Software Publishing
To see the full contact details of Ivory Technologies Private Limited, buy the company report.
Comprehensive company report
Ivory Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ivory Technologies operates one associated brand: Ivory Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides technology solutions including IT suite offerings. | ivorytechnologies.com |
Business activity
The main business activity of Ivory Technologies is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Ivory Technologies Private Limited, buy the company report.
Financials of Ivory Technologies Private Limited
FY 2025 filings availableIvory Technologies Private Limited reported revenue of ₹29.7 Lakh (up 53% YoY) for FY 2025.
Revenue · FY 2025
₹29.7 Lakh ▲ 53%
Net profit · FY 2025
₹1.19 Lakh margin 4%
EBITDA · FY 2025
₹1.4 Lakh margin 4.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 383%
Revenue has grown at a compounded annual rate (CAGR) of 52% over three years, including 53% growth in the latest year. EBITDA rose 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹1.4 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.19 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.7% | |||
| Net Profit Margin | 4% | |||
| 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 Ivory Technologies Private Limited, buy the company report.
Board of directors of Ivory Technologies Private Limited
Ivory Technologies has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajeesh Azhakesan | Director | 30 Sep 2023 | 3 Years 1 Months | Current |
| Vasantha Kumari Ravindran Nair Haritha Kumari | Additional Director | 18 Dec 2023 | 2 Years 10 Months | Current |
| Gisha Gopinath | Director | 30 Nov 2021 | 4 Years 11 Months | Current |
| Gisheena Gopinath | Director | 30 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Ivory Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akash Sutra Broadband Services Private Limited | ₹29.8 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Sindhumart Private Limited | ₹29.79 Lakh (FY 2025) | 435.0% | Hajipur, Bihar, India | |||
| Titem Technologies Private Limited | ₹29.76 Lakh (FY 2024) | 298.0% | Rajkot, Gujarat, India | |||
| Hhy Tech and Consulting Private Limited | ₹29.74 Lakh (FY 2025) | 583.0% | Bangalore, Karnataka, India | |||
| Bundle Business Solutions Private Limited | ₹29.71 Lakh (FY 2025) | -58.0% | Mumbai, Maharashtra, India | |||
| Ivory Technologies Private Limitedthis company | ₹29.7 Lakh (FY 2025) | ₹1.19 Lakh | 4% | 53.0% | Thiruvananthapuram, Kerala, India | |
| Lilatech Solutions Private Limited | ₹29.62 Lakh (FY 2025) | 65.0% | Vadodara, Gujarat, India | |||
| Pratik Networking Solutions Private Limited | ₹29.59 Lakh (FY 2024) | 16.0% | Pune, Maharashtra, India | |||
| Emetrics Digital Private Limited | ₹29.51 Lakh (FY 2025) | Hyderabad, Telangana, India | ||||
| Stecktra Technologies Private Limited | ₹29.47 Lakh (FY 2025) | -91.0% | Bangalore, Karnataka, India | |||
| Bizsoft System Private Limited | ₹29.45 Lakh (FY 2025) | -40.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Ivory Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ivory Technologies 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 Ivory Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ivory Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCI4329F1ZV | Kerala | Active | 09 Nov 2022 |
To see the full GST registrations and return filing status of Ivory Technologies Private Limited, buy the company report.
Recent activity
Ivory Technologies Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Vasantha Kumari Ravindran Nair Haritha Kumari was appointed as Additional Director on 18 Dec 2023.
AGM
Ivory Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ivory Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Appointed
Vasantha Kumari Ravindran Nair Haritha Kumari was appointed as Additional Director.
Appointed
Ajeesh Azhakesan was appointed as Director.
Appointed
Gisha Gopinath was appointed as Director.
Appointed
Gisheena Gopinath was appointed as Director.
Incorporation
30 Nov 2021
Ivory Technologies Private Limited was registered on 30 Nov 2021 with Roc Ernakulam & aged 4 years 11 months as per MCA records.
Frequently asked questions
Ivory Technologies is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in software development, within the software industry. It was incorporated on 30 November 2021 (5+ years old) and is registered under CIN U72200KL2021PTC072675.
Ivory Technologies has 4 current directors:
- Ajeesh Azhakesan - Director
- Vasantha Kumari Ravindran Nair Haritha Kumari - Additional Director
- Gisha Gopinath - Director
- Gisheena Gopinath - Director
The latest financial statements of Ivory Technologies 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 FY 2022 are in the company report.
The GSTIN of Ivory Technologies is 32AAGCI4329F1ZV, registered in Kerala.
The CIN (Corporate Identification Number) of Ivory Technologies is U72200KL2021PTC072675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivory Technologies was incorporated on 30 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Ivory Technologies by revenue are Akash Sutra Broadband Services Private Limited, Sindhumart Private Limited, Titem Technologies Private Limited, Hhy Tech and Consulting Private Limited, Bundle Business Solutions Private Limited and 5 more, all in the same principal business activity (information service activities).
Vasantha Kumari Ravindran Nair Haritha Kumari was appointed as Additional Director on 18 Dec 2023. Ajeesh Azhakesan was appointed as Director on 30 Sep 2023. Gisha Gopinath was appointed as Director on 30 Nov 2021. Ivory Technologies has 4 board changes on record in total.
Yes, Ivory Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ivory Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-12-0024439).
Ivory Technologies can be reached through the website ivorytechnologies.com. Its registered office is in Thiruvananthapuram, Kerala, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages