About Deccan I Services Private Limited
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Deccan I Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Granada Services Private Limited. It operates in the business process outsourcing sector. It was incorporated on 24 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2004PTC168566. Its GSTIN is 33AABCD9747R1ZY (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vasudevan and Guru Devan Mitra.
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 4A Floor Gopala Tower 25 Rajendra Place, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.59 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹17.52 Cr (net margin 27.6%) and EBITDA of ₹25.96 Cr (EBITDA margin 40.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 23% over five years.
The company has about 1,111 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹172.44 Cr and satisfied charges of ₹260 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iservices.co.in.
Company details
CIN history
Deccan I Services has one previous CIN (Corporate Identification Number): U72300TN2004PTC053310. The current CIN is U72300DL2004PTC168566, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300DL2004PTC168566 | Current |
| U72300TN2004PTC053310 | Previous |
Contact details
Deccan I Services Private Limited's registered office is in New Delhi, Delhi. Its website is iservices.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4A Floor Gopala Tower 25 Rajendra Place, New Delhi, Delhi, India – 110008
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Deccan I Services 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 Deccan I Services 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 Deccan I Services Private Limited, buy the company report.
Financials of Deccan I Services Private Limited
FY 2024 filings availableDeccan I Services Private Limited reported revenue of ₹63.59 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 36% growth in the latest year. EBITDA rose 73% 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 |
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| EBITDA | ₹25.96 Cr | ||||
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| Net Profit (PAT) | ₹17.52 Cr | ||||
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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 | 40.8% | ||||
| Net Profit Margin | 27.6% | ||||
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To see the full financial statements and ratios of Deccan I Services Private Limited, buy the company report.
Board of directors of Deccan I Services Private Limited
Deccan I Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudevan Also directs: I Services India Private Limited, Phoenix Land Development Limited, Sasson Agencies Private Limited and 5 more | Director | 26 Jun 2015 | 11 Years 4 Months | Current |
| Guru Devan Mitra Also directs: I Services India Private Limited | Director | 02 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Deccan I Services Private Limited is audited by T.R.VARAHAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.R.VARAHAN & CO | FY 2023 | 004519S |
Shareholding
The shareholding of Deccan I Services 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 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Deccan I Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2022 | 100613918 | Tamilnad Mercantile Bank Limited | ₹15 Lakh | Open | |
| 13 Sep 2022 | 100613916 | Tamilnad Mercantile Bank Limited | ₹20 Lakh | Open | |
| 13 Jun 2016 | 100042903 | Others | ₹2.02 Cr | Open | |
| 25 Apr 2013 | 10432796 | Oriental Bank of Commerce | ₹170 Cr | Open | |
| 18 Oct 2004 | 90293263 | Vijaya Bank | ₹6.5 Lakh | Open |
To see the full charge records of Deccan I Services Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Deccan I Services 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 Deccan I Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Deccan I Services Private Limited has a workforce of 1,111 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Deccan I Services has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCD9747R1ZY | Tamil Nadu | Active | 01 Jul 2017 |
| 20AABCD9747R1Z5 | Jharkhand | Active | 24 Dec 2018 |
| 32AABCD9747R1Z0 | Kerala | Active | 07 Jun 2019 |
To see the full GST registrations and return filing status of Deccan I Services Private Limited, buy the company report.
Recent activity
Deccan I Services Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Gopal Krishna Mishra ceased to be Director on 02 Feb 2021.
11 earlier events are in the company report.
Frequently asked questions
Deccan I Services is an active private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 24 May 2004 (22+ years old) and is registered under CIN U72300DL2004PTC168566.
Deccan I Services has 2 current directors:
- Vasudevan - Director
- Guru Devan Mitra - Director
The latest financial statements of Deccan I Services 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 Deccan I Services is 33AABCD9747R1ZY, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 20AABCD9747R1Z5 (Jharkhand), 32AABCD9747R1Z0 (Kerala).
The CIN (Corporate Identification Number) of Deccan I Services is U72300DL2004PTC168566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deccan I Services was incorporated on 24 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Gopal Krishna Mishra ceased to be Director on 02 Feb 2021. Vasudevan ceased to be Additional Director on 14 Sep 2015. Vasudevan was appointed as Director on 26 Jun 2015. Deccan I Services has 10 board changes on record in total.
Deccan I Services can be reached through the website iservices.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Deccan I Services is at 4A Floor Gopala Tower 25 Rajendra Place, New Delhi, Delhi, India – 110008.
Deccan I Services operates in the business outsourcing industry, in the business process outsourcing segment.