About I-Vista Digital Solutions Private Limited
Data last updated:
I-Vista Digital Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 May 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027109. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.34 Lakh. It was led by directors Narayan Rajan (Managing Director) and Kaningat Rajan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at A – Regency Park 24 Hall Road Richards Town, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2022, the company reported a revenue of ₹13.09 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.53 Lakh (net margin 57.5%) and EBITDA of ₹10.59 Lakh (EBITDA margin 80.9%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 50% over five years.
The company had about 16 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: iVista. As per MCA filings, the company had satisfied charges of ₹1.31 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it. The company has 1 deal on record (1 acquisition); the latest was in November 2008. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 4 smaller; the largest is SSSD Tech Solutions Private Limited with revenue of ₹13.11 Lakh.
The last known website on record is ivistasolutions.com.
Company details
CIN history
I-Vista Digital Solutions has one previous CIN (Corporate Identification Number): U72200KA2000PLC027109. The current CIN is U72200KA2000PTC027109, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2000PTC027109 | Current |
| U72200KA2000PLC027109 | Previous |
Contact details
I-Vista Digital Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ivistasolutions.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – Regency Park 24 Hall Road Richards Town, Bangalore, Karnataka, India – 560005
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of I-Vista Digital Solutions 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 I-Vista Digital Solutions 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 I-Vista Digital Solutions Private Limited, buy the company report.
Financials of I-Vista Digital Solutions Private Limited
FY 2022 filings availableI-Vista Digital Solutions Private Limited reported revenue of ₹13.09 Lakh (up 183% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 183% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.09 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.53 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.9% | ||||
| Net Profit Margin | 57.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of I-Vista Digital Solutions Private Limited, buy the company report.
Board of directors of I-Vista Digital Solutions Private Limited
I-Vista Digital Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Rajan Also directs: Ivistaz Ecom Services Private Limited, Vista Maritime Private Limited, I-Vista Web Solutions Private Limited and 5 more | Managing Director | 19 May 2000 | 26 Years 5 Months | As last reported |
| Kaningat Rajan | Director | 29 Jul 2003 | 23 Years 2 Months | As last reported |
Peer comparison
I-Vista Digital Solutions Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| SSSD Tech Solutions Private Limited | ₹13.11 Lakh (FY 2025) | -23.0% | Kanchipuram, Tamil Nadu, India | |||
| Illume Health Technologies Private Limited | ₹13.11 Lakh (FY 2022) | -75.0% | Indore, Madhya Pradesh, India | |||
| Grocret Solutions Private Limited | ₹13.11 Lakh (FY 2025) | 109.0% | Chennai, Tamil Nadu, India | |||
| Future Emerging Tech Solutions Private Limited | ₹13.09 Lakh (FY 2024) | Kothagudem, Telangana, India | ||||
| Xenstack Solutions India Private Limited | ₹13.09 Lakh (FY 2021) | -5.0% | Pune, Maharashtra, India | |||
| I-Vista Digital Solutions Private Limitedthis company | ₹13.09 Lakh (FY 2022) | ₹7.53 Lakh | 57.5% | 183.0% | Bangalore, Karnataka, India | |
| Fleet IT Solutions Private Limited | ₹13.09 Lakh (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Bakkah400 IT Services (OPC) Private Limited | ₹13.09 Lakh (FY 2025) | -49.0% | Chennai, Tamil Nadu, India | |||
| Dashwork Studio Private Limited | ₹13.08 Lakh (FY 2024) | -38.0% | Varanasi, Uttar Pradesh, India | |||
| Nagaraj Technologies Private Limited | ₹13.08 Lakh (FY 2023) | 33.0% | Bangalore, Karnataka, India |
To see the full peer comparison of I-Vista Digital Solutions Private Limited, buy the company report.
Auditor
I-Vista Digital Solutions Private Limited is audited by L ANBALAGAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L ANBALAGAN & CO | FY 2020 | 000160S |
Shareholding
The shareholding of I-Vista Digital Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of I-Vista Digital Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2013 | 10436748 | Indian Bank | ₹63 Lakh | Satisfied | |
| 20 Dec 2007 | 10085239 | Indian Bank | ₹23 Lakh | Satisfied | |
| 21 Aug 2007 | 10065652 | Indian Bank | ₹45 Lakh | Satisfied |
To see the full charge records of I-Vista Digital Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
I-Vista Digital Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in November 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2008 | Acquisition | Undisclosed | Buyer: Bbdo India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
I-Vista Digital Solutions Private Limited has 7 court cases on record: 1 filed by I-Vista Digital Solutions, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ample Technologies Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ample Technologies Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Zolipe Solutions Pvt Ltd and 2 others | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by Rediff.Com India Ltd., | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Rediff.Com India Ltd | Disposed |
To see the full case history of I-Vista Digital Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for I-Vista Digital Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I-Vista Digital Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of I-Vista Digital Solutions Private Limited, buy the company report.
Recent activity
I-Vista Digital Solutions Private Limited has 6 board changes on record since 2000: 2 appointments and 4 cessations. The latest: Ravichandar Venkataraman ceased to be Director on 04 Feb 2016.
6 earlier events are in the company report.
Frequently asked questions
I-Vista Digital Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
I-Vista Digital Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 19 May 2000 and is registered under CIN U72200KA2000PTC027109. The company has been struck off by the Registrar of Companies and is no longer operational.
I-Vista Digital Solutions had 2 directors:
- Narayan Rajan - Managing Director
- Kaningat Rajan - Director
The CIN (Corporate Identification Number) of I-Vista Digital Solutions is U72200KA2000PTC027109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of I-Vista Digital Solutions is at A – Regency Park 24 Hall Road Richards Town, Bangalore, Karnataka, India – 560005.
I-Vista Digital Solutions was incorporated on 19 May 2000. It is registered with the Registrar of Companies, Bangalore.
I-Vista Digital Solutions can be reached through the website ivistasolutions.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of I-Vista Digital Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. I-Vista Digital Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
I-Vista Digital Solutions operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
I-Vista Digital Solutions has 1 deal on record (1 acquisition); the latest was in November 2008.