1011 Itserve Private Limited
About 1011 Itserve Private Limited
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1011 Itserve Private Limited is a private limited company based in Sachin, Gujarat, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 13 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2016PTC085717.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Virang Dineshchandra Bhatt and Madhuri Rajeev Gupta.
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 39 Shastri Nagar Opp. Ramji Mandir, Sachin, Gujarat, India – 394230.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.55 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1,018 (net margin 0.2%) and EBITDA of ₹1,408 (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
1011 Itserve Private Limited's registered office is in Sachin, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address39 Shastri Nagar Opp. Ramji Mandir, Sachin, Gujarat, India – 394230
- IndustrySoftware, Software Development, Software Publishing
To see the full contact details of 1011 Itserve 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
Business activity
The main business activity of 1011 Itserve is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of 1011 Itserve Private Limited, buy the company report.
Financials of 1011 Itserve Private Limited
FY 2024 filings available1011 Itserve Private Limited reported revenue of ₹5.55 Lakh (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 43% 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
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| EBITDA | ₹1,408 | ||||
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| Net Profit (PAT) | ₹1,018 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of 1011 Itserve Private Limited, buy the company report.
Board of directors of 1011 Itserve Private Limited
1011 Itserve has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virang Dineshchandra Bhatt | Director | 04 Mar 2019 | 7 Years 7 Months | Current |
| Madhuri Rajeev Gupta | Director | 04 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
1011 Itserve Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (advertising and market research), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brand Promotions (India) Private Limited | ₹5.56 Lakh (FY 2022) | -83.0% | Mumbai, Maharashtra, India | |||
| 1011 Itserve Private Limitedthis company | ₹5.55 Lakh (FY 2024) | ₹1,018 | 0.2% | -23.0% | Sachin, Gujarat, India | |
| Talentvue Solutions Private Limited | ₹5.52 Lakh (FY 2024) | 71.0% | Ghaziabad, Uttar Pradesh, India | |||
| Prolifique Media Private Limited | ₹5.51 Lakh (FY 2025) | 1757.0% | Pune, Maharashtra, India |
To see the full peer comparison of 1011 Itserve Private Limited, buy the company report.
Auditor
1011 Itserve Private Limited is audited by RAKESH AYUSH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH AYUSH & CO. | FY 2017 | 116146W |
Shareholding
The shareholding of 1011 Itserve Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of 1011 Itserve Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving 1011 Itserve 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 1011 Itserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for 1011 Itserve Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
1011 Itserve Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Dineshchandra Patel ceased to be Director on 05 Mar 2019.
Frequently asked questions
1011 Itserve is an active private limited company based in Sachin, Gujarat, India. The company works in software development, within the software industry. It was incorporated on 13 January 2016 (10+ years old) and is registered under CIN U72200GJ2016PTC085717.
1011 Itserve has 2 current directors:
- Virang Dineshchandra Bhatt - Director
- Madhuri Rajeev Gupta - Director
The latest financial statements of 1011 Itserve 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of 1011 Itserve is U72200GJ2016PTC085717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
1011 Itserve was incorporated on 13 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of 1011 Itserve by revenue are Brand Promotions (India) Private Limited, Talentvue Solutions Private Limited, Prolifique Media Private Limited, all in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (advertising and market research).
Dineshchandra Patel ceased to be Director on 05 Mar 2019. Utkarshkumar Dineshbhai Patel ceased to be Director on 05 Mar 2019. Madhuri Rajeev Gupta was appointed as Director on 04 Mar 2019. 1011 Itserve has 4 board changes on record in total.
The registered office of 1011 Itserve is at 39 Shastri Nagar Opp. Ramji Mandir, Sachin, Gujarat, India – 394230.
1011 Itserve operates in the software industry, in the software development segment.
The compliance status of 1011 Itserve is compliant as of 30 August 2026. The company is actively filing with the Registrar of Companies.
1011 Itserve can be reached at its registered office: 39 Shastri Nagar Opp. Ramji Mandir, Sachin, Gujarat, India – 394230.