About I2bi IT Consulting Private Limited
Data last updated:
I2bi IT Consulting 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 October 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2008PTC048133. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Srinivasan Seshadri (Managing Director) and Niranjana Srinivasan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at D 004 Mantri Elegance Bannerghatta Road N S Palya, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2015, the company reported a revenue of ₹10.7 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹23.32 Lakh (net margin -218%) and EBITDA of -₹29.47 Lakh (EBITDA margin -275.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
As per MCA filings, the company had satisfied charges of ₹30 Lakh on record.
The last known website on record is i2bi.com.
Company details
Contact details
I2bi IT Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is i2bi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD 004 Mantri Elegance Bannerghatta Road N S Palya, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of I2bi IT Consulting 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 I2bi IT Consulting is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
Financials of I2bi IT Consulting Private Limited
FY 2021 filings availableI2bi IT Consulting Private Limited reported revenue of ₹10.7 Lakh (down 76% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 76% fall 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹10.7 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹29.47 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹23.32 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -275.5% |
| Net Profit Margin | -218% |
| 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 I2bi IT Consulting Private Limited, buy the company report.
Board of directors of I2bi IT Consulting Private Limited
I2bi IT Consulting has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niranjana Srinivasan | Director | 03 Dec 2008 | 17 Years 10 Months | As last reported |
| Srinivasan Seshadri | Managing Director | 29 Oct 2008 | 17 Years 11 Months | As last reported |
Auditor
I2bi IT Consulting Private Limited is audited by R. C. E. & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. C. E. & Co. | FY 2015 |
Shareholding
The shareholding of I2bi IT Consulting 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 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of I2bi IT Consulting Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2011 | 10327939 | United Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of I2bi IT Consulting Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving I2bi IT Consulting 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 I2bi IT Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I2bi IT Consulting has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of I2bi IT Consulting Private Limited, buy the company report.
Recent activity
I2bi IT Consulting Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Sita Ramakrishna Velamuri ceased to be Director on 30 Mar 2015.
Frequently asked questions
I2bi IT Consulting 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.
I2bi IT Consulting was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 29 October 2008 and is registered under CIN U72200KA2008PTC048133. The company has been struck off by the Registrar of Companies and is no longer operational.
I2bi IT Consulting had 2 directors:
- Srinivasan Seshadri - Managing Director
- Niranjana Srinivasan - Director
The CIN (Corporate Identification Number) of I2bi IT Consulting is U72200KA2008PTC048133. 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 I2bi IT Consulting is at D 004 Mantri Elegance Bannerghatta Road N S Palya, Bangalore, Karnataka, India – 560076.
I2bi IT Consulting was incorporated on 29 October 2008. It is registered with the Registrar of Companies, Bangalore.
I2bi IT Consulting can be reached through the website i2bi.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of I2bi IT Consulting on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. I2bi IT Consulting has 1 GST registration on record and it is cancelled or inactive.
I2bi IT Consulting operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.