About Ivoyant Systems Private Limited
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Ivoyant Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Iyovant Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC144108. Its GSTIN is 29AAGCI0169R1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Basanth Gowda Chigateri Marikenchanagowda and Sulochana.
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 No.12 24th Main Jp Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.05 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹61.28 Lakh (net margin 8.7%) and EBITDA of ₹1.03 Cr (EBITDA margin 14.6%).
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ivoyant.
For more details, the company can be reached via its website ivoyant.com.
Company details
Contact details
Ivoyant Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is ivoyant.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.12 24th Main Jp Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ivoyant Systems 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
Ivoyant Systems operates one associated brand: Ivoyant. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT services like AI, cloud migration, and web development for businesses. | ivoyant.com |
Business activity
The main business activity of Ivoyant Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ivoyant Systems Private Limited, buy the company report.
Financials of Ivoyant Systems Private Limited
FY 2025 filings availableIvoyant Systems Private Limited reported revenue of ₹7.05 Cr (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% in the latest year. EBITDA rose 37% in the latest 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 |
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| EBITDA | ₹1.03 Cr | |||
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| Net Profit (PAT) | ₹61.28 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 14.6% | |||
| Net Profit Margin | 8.7% | |||
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To see the full financial statements and ratios of Ivoyant Systems Private Limited, buy the company report.
Board of directors of Ivoyant Systems Private Limited
Ivoyant Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basanth Gowda Chigateri Marikenchanagowda | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Sulochana | Director | 11 Feb 2021 | 5 Years 8 Months | Current |
| Chigateri Marikenchanagowda Chandramowli | Director | 11 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Ivoyant Systems Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gajshield Infotech (India) Private Limited | ₹7.07 Cr (FY 2024) | -42.0% | Mumbai, Maharashtra, India | |||
| Sourcepro Infotech Private Limited | ₹7.07 Cr (FY 2024) | 26.0% | Ahmedabad, Gujarat, India | |||
| Lirisoft India Private Limited | ₹7.05 Cr (FY 2024) | -38.0% | Bangalore, Karnataka, India | |||
| Ivoyant Systems Private Limitedthis company | ₹7.05 Cr (FY 2024) | ₹61.28 Lakh | 8.7% | 33.0% | 45 | Bangalore, Karnataka, India |
| Geecon Systems Private Limited | ₹7.05 Cr (FY 2025) | 11.0% | Bhayander, Maharashtra, India | |||
| HBS Solutions Private Limited | ₹7.04 Cr (FY 2024) | 20.0% | New Delhi, Delhi, India | |||
| Daxarch Solutions Private Limited | ₹7.04 Cr (FY 2025) | 30.0% | Hyderabad, Telangana, India | |||
| CMD CTR Private Limited | ₹7.04 Cr (FY 2025) | 29.0% | Noida, Uttar Pradesh, India | |||
| Sketch Brahma Technologies Private Limited | ₹7.04 Cr (FY 2025) | 41.0% | Tiruppur, Tamil Nadu, India |
To see the full peer comparison of Ivoyant Systems Private Limited, buy the company report.
Auditor
Ivoyant Systems Private Limited is audited by Chetan Dhoka and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chetan Dhoka and Associates | FY 2023 | 013860S |
Shareholding
The shareholding of Ivoyant Systems Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ivoyant Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ivoyant Systems 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 Ivoyant Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ivoyant Systems Private Limited has a workforce of 45 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Ivoyant Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI0169R1ZV | Karnataka | Active | 23 Mar 2021 |
To see the full GST registrations and return filing status of Ivoyant Systems Private Limited, buy the company report.
Recent activity
Ivoyant Systems Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Basanth Gowda Chigateri Marikenchanagowda ceased to be Additional Director on 07 Nov 2022.
Frequently asked questions
Ivoyant Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 February 2021 (5+ years old) and is registered under CIN U72900KA2021PTC144108.
Ivoyant Systems has 3 current directors:
- Basanth Gowda Chigateri Marikenchanagowda - Director
- Sulochana - Director
- Chigateri Marikenchanagowda Chandramowli - Director
The latest financial statements of Ivoyant Systems 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 2021 are in the company report.
The GSTIN of Ivoyant Systems is 29AAGCI0169R1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Ivoyant Systems is U72900KA2021PTC144108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivoyant Systems was incorporated on 11 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ivoyant Systems by revenue are Gajshield Infotech (India) Private Limited, Sourcepro Infotech Private Limited, Lirisoft India Private Limited, Geecon Systems Private Limited, HBS Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Basanth Gowda Chigateri Marikenchanagowda ceased to be Additional Director on 07 Nov 2022. Basanth Gowda Chigateri Marikenchanagowda was appointed as Director on 13 Jun 2022. Chigateri Marikenchanagowda Chandramowli was appointed as Director on 11 Feb 2021. Ivoyant Systems has 4 board changes on record in total.
Ivoyant Systems can be reached through the website ivoyant.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ivoyant Systems is at No.12 24th Main Jp Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
Ivoyant Systems operates in the information technology industry, in the IT consulting and support services segment.